Merck & Company (MRK)
NYSE:MRK
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MRK Stock Chart & Stats
$119.07
-$1.54(-1.52%)
At close: 4:00 PM EST
$119.07
-$1.54(-1.52%)
Day’s Range― - ―
52-Week Range$75.40 - $125.14
Previous CloseN/A
Volume3.30M
Average Volume (3M)9.27M
Market Cap
$296.97B
Enterprise Value$339.87B
Total Cash (Recent Filing)$5.70B
Total Debt (Recent Filing)$49.12B
Price to Earnings (P/E)33.2
Beta0.47
Next Earnings
Aug 04, 2026EPS Estimate
2.11Next Dividend Ex-DateN/A
Dividend Yield3.12%
Share Statistics
EPS (TTM)3.56
Shares Outstanding2,469,824,500
10 Day Avg. Volume8,944,346
30 Day Avg. Volume9,267,649
Financial Highlights & Ratios
PEG Ratio1.81
Price to Book (P/B)5.01
Price to Sales (P/S)4.06
P/FCF Ratio21.31
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue5.18
Enterprise Value/Gross Profit6.83
Enterprise Value/Ebitda14.98
Forecast
1Y Price Target
$136.50Price Target Upside14.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
EPS Forecast (FY)5.14
Revenue Forecast (FY)$66.71B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistently high and growing free cash flow (~$14.1B TTM, +14%) provides durable funding for R&D, launches, dividends and buybacks. That cash conversion (FCF ≈79% of net income) underpins strategic flexibility and reduces reliance on external financing over the medium term.
High Margin StructureElevated gross and operating margins (historical gross ~72–76% and operating ~28%; guidance ~82% gross) reflect durable pricing power from branded products and manufacturing scale. These margins support sustained reinvestment in pipeline and resilient cash flow even with modest revenue growth.
Leading Oncology Franchise & PipelineKEYTRUDA’s continued commercial momentum ($8.0B, +8% YoY) combined with multiple priority reviews, approvals and an active launch slate provides durable revenue upside. The broad oncology pipeline and regulatory progress reinforce long-term franchise resilience and future product cadence.
Bears Say
Moderate LeverageDebt-to-equity near 1.07 indicates meaningful reliance on leverage versus peers. With sizable outstanding debt, large M&A or cyclical weak profits could strain credit metrics, limit flexibility for opportunistic investment, and increase interest expense sensitivity over the medium term.
Earnings Volatility From Large One-offsVery large acquisition-related and transaction charges (Cidara ~$9B; expected one-time Terns R&D ~$5.8B) create substantial GAAP volatility and complicate trend analysis. Such episodic hits can distort profitability, tax rates and credit metrics, making forward earnings visibility harder to rely on.
Product Demand & Clinical SetbacksSignificant product-specific headwinds (GARDASIL -22%, reimbursement impacts on OHTUVAYRE) plus an important clinical miss (LITESPARK-012) show commercial and pipeline execution risks. Persistent demand shifts or regulatory setbacks could pressure revenues and offset new-launch gains over several quarters.
Merck & Company News
MRK FAQ
What was Merck & Company’s price range in the past 12 months?
Merck & Company lowest stock price was $75.40 and its highest was $125.14 in the past 12 months.
What is Merck & Company’s market cap?
Merck & Company’s market cap is $296.97B.
When is Merck & Company’s upcoming earnings report date?
Merck & Company’s upcoming earnings report date is Aug 04, 2026 which is in 67 days.
How were Merck & Company’s earnings last quarter?
Merck & Company released its earnings results on Apr 30, 2026. The company reported -$1.28 earnings per share for the quarter, beating the consensus estimate of -$1.474 by $0.194.
Is Merck & Company overvalued?
According to Wall Street analysts Merck & Company’s price is currently Undervalued.
Does Merck & Company pay dividends?
Merck & Company pays a Quarterly dividend of $0.85 which represents an annual dividend yield of 3.12%. See more information on Merck & Company dividends here
What is Merck & Company’s EPS estimate?
Merck & Company’s EPS estimate is 2.11.
How many shares outstanding does Merck & Company have?
Merck & Company has 2,469,824,500 shares outstanding.
What happened to Merck & Company’s price movement after its last earnings report?
Merck & Company reported an EPS of -$1.28 in its last earnings report, beating expectations of -$1.474. Following the earnings report the stock price went down -1.595%.
Which hedge fund is a major shareholder of Merck & Company?
Currently, no hedge funds are holding shares in MRK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Merck & Company Stock Smart Score
Outperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$136.50 (14.64% Upside)
$136.50 (14.64% Upside)
Blogger Sentiment
Bullish
MRK Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Bullish
Bullish news 79%
Bearish news 11%
Bearish news 11%
Technicals
SMA
Positive
20 days / 200 days
Momentum
63.11%
12-Months-Change
Fundamentals
Return on Equity
17.93%
Trailing 12-Months
Asset Growth
11.78%
Trailing 12-Months
Company Description
Merck & Company
Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes, as well as vaccine products, such as preventive pediatric, adolescent, and adult vaccines. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions and services, as well as digitally connected identification, traceability, and monitoring products. It serves drug wholesalers and retailers, hospitals, and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers, and other institutions; and physicians and physician distributors, veterinarians, and animal producers. The company has collaborations with AstraZeneca PLC; Bayer AG; Eisai Co., Ltd.; Ridgeback Biotherapeutics; and Gilead Sciences, Inc. to jointly develop and commercialize long-acting treatments in HIV. Merck & Co., Inc. was founded in 1891 and is headquartered in Kenilworth, New Jersey.
MRK Company Deck
MRK Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call mixed strong commercial and pipeline execution with near-term financial and clinical headwinds. Merck reported solid Q1 revenue growth (+5% YoY; $16.3B), robust KEYTRUDA momentum (+8%, $8.0B), notable product and regulatory milestones (IDVYNSO approval, priority reviews for I-DXd and multiple WELIREG filings), accelerating new-product launches and AI partnerships, and raised/narrowed 2026 guidance. Offsetting these positives were a very large one-time $9B Cidara charge that drove a GAAP loss and distorted tax rate, an expected one-time R&D impact from the proposed Terns deal (~$5.8B), meaningful declines in GARDASIL (-22%), a failed LITESPARK-012 readout, and several near-term reimbursement/seasonality headwinds for specific products (ENFLONSIA, OHTUVAYRE). Overall the company emphasized long-term pipeline value and raised guidance despite near-term charges and select clinical setbacks.View all MRK earnings summariesMRK Sales Breakdown
89.43% Pharmaceutical
9.77% Animal Health
0.79% Other
MRK Stock 12 Month Forecast
Average Price Target
$136.50
▲(14.64% Upside)
Technical Analysis
Ownership Overview
0.05% Insiders
20.91% Mutual Funds
14.56% Other Institutional Investors
39.32% Public Companies and Individual Investors