MCY Stock Chart & Stats
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Bulls Say, Bears Say
Bulls Say
Strong, Diversified Backlog And BookingsLarge, growing backlog and record bookings across ~300 programs indicate durable, multi-year revenue visibility. Diversity (no single program >~10%) reduces program-concentration risk and supports steadier production revenue as design wins convert into sustained production and lifecycle services.
Margin Recovery And Improved Adjusted ProfitabilityMeaningful YoY margin expansion and positive adjusted EBITDA demonstrate improving unit economics and operational leverage as production ramps. Sustained margin improvement supports future cash generation potential and validates cost control and pricing power in defense subsystems.
Solid Cash Generation And Manageable LeverageConsistent positive operating and free cash flow despite GAAP losses indicates strong cash conversion tied to program execution. Healthy cash reserves and moderate net debt provide financial flexibility to fund capacity additions, sustainment work, and selective M&A without immediate liquidity strain.
Bears Say
GAAP Profitability Not Fully RestoredWhile operating metrics improved, persistent GAAP losses and a negative TTM net margin mean the company has not fully converted operational gains into net earnings. Continued GAAP losses can constrain retained earnings, investor confidence, and the ability to demonstrate sustained profitability.
Free Cash Flow Volatility And Recent DeclineMaterial decline and periodic quarter outflows show FCF is sensitive to working-capital timing and production staging. This volatility can impede reinvestment cadence and increases reliance on liquidity buffers; durable cash conversion is needed to fund margin-target investments and sustain capital plans.
Working-capital And Inventory Timing PressuresRamping production has raised WIP, reserves, and unbilled receivables, creating receivables and inventory timing risk. These structural supply-chain and revenue-recognition effects can compress margins and cash flow until program ramps stabilize, challenging consistent conversion of backlog into cash.
MCY FAQ
What was Mercury Systems’s price range in the past 12 months?
Currently, no data Available
What is Mercury Systems’s market cap?
Mercury Systems’s market cap is CHF5.98B.
When is Mercury Systems’s upcoming earnings report date?
Mercury Systems’s upcoming earnings report date is Aug 18, 2026 which is in 47 days.
How were Mercury Systems’s earnings last quarter?
Mercury Systems released its earnings results on May 05, 2026. The company reported $0.218 earnings per share for the quarter, beating the consensus estimate of $0.054 by $0.164.
Is Mercury Systems overvalued?
According to Wall Street analysts Mercury Systems’s price is currently Undervalued.
Does Mercury Systems pay dividends?
Mercury Systems does not currently pay dividends.
What is Mercury Systems’s EPS estimate?
Mercury Systems’s EPS estimate is 0.31.
How many shares outstanding does Mercury Systems have?
Currently, no data Available
What happened to Mercury Systems’s price movement after its last earnings report?
Mercury Systems reported an EPS of $0.218 in its last earnings report, beating expectations of $0.054. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Mercury Systems?
Currently, no hedge funds are holding shares in CH: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
Mercury Systems Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
CHF79.86 (― Downside)
CHF79.86 (― Downside)
Insider Transactions
Sold Shares
Worth CHF1.7M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
127.12%
12-Months-Change
Fundamentals
Return on Equity
-0.96%
Trailing 12-Months
Asset Growth
2.77%
Trailing 12-Months
Company Description
Mercury Systems
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.
MCY Company Deck
MCY Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum and financial improvement: record bookings/backlog, double-digit organic revenue growth, material adjusted EBITDA expansion, balance sheet strength and capacity investments. Near-term challenges include a slight Q3 free cash flow outflow, working capital and receivable timing dynamics, inventory reserve impacts, and the fact that larger market tailwinds are not yet baked into bookings. Management raised FY'26 guidance and emphasized improved backlog conversion and margin trajectory, while acknowledging more work is required to reach longer-term margin targets.View all CH:MCY earnings summariesMCY Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$79.86
Options Prices
Currently, No data available
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