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Mercury Systems Inc (DE:MCY)
FRANKFURT:MCY

Mercury Systems (MCY) Price & Analysis

2 Followers

MCY Stock Chart & Stats

€74.86
€7.08(8.24%)
At close: 4:00 PM EDT
€74.86
€7.08(8.24%)

Bulls Say, Bears Say

Bulls Say
Backlog VisibilityRecord bookings and backlog provide stronger multiyear revenue visibility and support production planning across defense programs. The elevated book-to-bill ratio indicates demand is outpacing current shipments, creating a durable foundation for growth as backlog converts into revenue.
Revenue And Margin RecoveryThe recovery in revenue after the 2024 downturn, combined with sustained gross-margin expansion, indicates improving operating execution and product economics. If maintained, this trajectory can strengthen earnings capacity and provide more internal resources for investment in future growth.
Expanded Production CapacityExpanding and automating the Phoenix facility increases Mercury’s ability to convert its substantial backlog into shipments while supporting critical defense programs. Added capacity and vertical integration may improve delivery responsiveness and provide room to scale as allied defense production demand grows.
Bears Say
Persistent GAAP LossesPersistent GAAP losses show that improved revenue and adjusted profitability have not yet translated into sustainable bottom-line earnings. Continued losses constrain returns on equity and leave the company more dependent on operational improvement before its growth can produce consistent shareholder value.
Weaker Cash ConversionThe sharp year-over-year decline in free cash flow reduces the amount available for debt reduction, investment, or other capital allocation. Planned inventory and material spending should support growth, but the resulting near-term cash burden limits financial flexibility while execution remains important.
International Revenue SoftnessInternational revenue weakness and temporary delivery delays indicate that the outsourced manufacturing transition is disrupting part of the business. Although management expects resolution over the next few quarters, prolonged ramp issues could delay backlog conversion and weigh on geographic diversification.

Mercury Systems News

MCY FAQ

What was Mercury Systems Inc’s price range in the past 12 months?
Mercury Systems Inc lowest stock price was €56.50 and its highest was €109.95 in the past 12 months.
    What is Mercury Systems Inc’s market cap?
    Mercury Systems Inc’s market cap is €4.22B.
      When is Mercury Systems Inc’s upcoming earnings report date?
      Mercury Systems Inc’s upcoming earnings report date is Nov 10, 2026 which is in 27 days.
        How were Mercury Systems Inc’s earnings last quarter?
        Mercury Systems Inc released its earnings results on Aug 18, 2026. The company reported €0.33 earnings per share for the quarter, missing the consensus estimate of €0.342 by -€0.012.
          Is Mercury Systems Inc overvalued?
          According to Wall Street analysts Mercury Systems Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Mercury Systems Inc pay dividends?
            Mercury Systems Inc does not currently pay dividends.
            What is Mercury Systems Inc’s EPS estimate?
            Mercury Systems Inc’s EPS estimate is 0.27.
              How many shares outstanding does Mercury Systems Inc have?
              Mercury Systems Inc has 60,863,586 shares outstanding.
                What happened to Mercury Systems Inc’s price movement after its last earnings report?
                Mercury Systems Inc reported an EPS of €0.33 in its last earnings report, missing expectations of €0.342. Following the earnings report the stock price went down -13.116%.
                  Which hedge fund is a major shareholder of Mercury Systems Inc?
                  Currently, no hedge funds are holding shares in DE:MCY
                  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

                    Company Description

                    Mercury Systems Inc

                    Mercury Systems, Inc. is a technology firm dedicated to the creation and delivery of a wide range of advanced components, modules, and integrated subsystems, primarily catering to the aerospace and defense industries. The company's operations span globally, with a presence in the United States, Europe, and the Asia Pacific regions. Its sophisticated solutions are vital to approximately 300 programs, supporting 25 defense contractors and numerous commercial aviation customers. The company's extensive product line includes intricate components such as power amplifiers, limiters, switches, oscillators, filters, equalizers, digital and analog converters, various chips, monolithic microwave integrated circuits (MMICs), and advanced memory and storage devices. Furthermore, it offers sophisticated modules and sub-assemblies, including embedded processing boards, switched fabric boards, digital receiver boards, multi-chip modules, integrated radio frequency (RF) and microwave multi-function assemblies, tuners, transceivers, as well as specialized graphics, video, Ethernet, and input/output boards. Mercury Systems also supplies complete integrated subsystems. Beyond these offerings, the company is actively involved in designing and developing critical technologies like digital radio frequency memory units for modern electronic warfare applications, radar environment simulation and test systems for defense and intelligence operations, signals intelligence payloads and electro-optical/infrared (EO/IR) technologies optimized for small unmanned aerial vehicle (UAV) platforms, and advanced onboard UAV processor systems facilitating real-time wide area motion imagery. Established in 1981, the firm, initially named Mercury Computer Systems, Inc., officially rebranded to Mercury Systems, Inc. in November 2012, and its headquarters are located in Andover, Massachusetts.

                    Mercury Systems (MCY) Earnings & Revenues

                    MCY Company Deck

                    MCY Earnings Call

                    Q4 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call emphasized substantial operational momentum: record bookings, backlog and quarterly revenue, improved full-year adjusted EBITDA and margin expansion, broad-based demand (notably CPA), and raised growth targets for FY2027/FY2028. Offsetting these positives were weaker GAAP results, quarter-to-quarter adjusted EBITDA/margin softness, a meaningful drop in year-over-year free cash flow, temporary international delivery/ramp issues, and planned near-term investments that will depress FY2027 cash conversion. On balance the company presented strong demand and execution progress and provided a constructive outlook while flagging near-term cash and margin volatility tied to investments and backlog conversion dynamics.View all DE:MCY earnings summaries

                    MCY Stock 12 Month Forecast

                    Average Price Target

                    €103.81
                    ▲(38.68% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":66,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":59.5,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div 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style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":62.4,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":94.04,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      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