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Mercury Systems Inc (MRCY)
NASDAQ:MRCY
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Mercury Systems (MRCY) Price & Analysis

548 Followers

MRCY Stock Chart & Stats

$87.74
-$3.07(-2.89%)
At close: 4:00 PM EDT
$87.74
-$3.07(-2.89%)

Bulls Say, Bears Say

Bulls Say
Record Backlog And BookingsRecord bookings and backlog provide multiyear revenue visibility and support production growth across defense programs. The strong book-to-bill ratio indicates demand is expanding faster than current shipments, improving confidence in future workload.
Revenue And Margin ExpansionImproving revenue, adjusted EBITDA and gross margin show operational recovery and scaling benefits after the 2024 downturn. Management's FY2027 growth and EBITDA targets indicate potential for continued profitability improvement as backlog converts.
Lower Leverage And Positive Cash GenerationReduced leverage and several years of positive operating and free cash flow provide greater financial flexibility for capacity expansion and program investment. The equity base also offers a cushion while the company works toward consistent earnings.
Bears Say
Persistent GAAP LossesPersistent GAAP losses and negative ROE indicate that operational improvements have not yet translated into durable shareholder returns. This limits internally generated capital and leaves execution dependent on sustained margin gains and successful backlog conversion.
Free-cash-flow Conversion PressurePlanned inventory, automation and factory investments are expected to absorb cash and keep free-cash-flow conversion below the 50% target. While investments may support future growth, weaker near-term cash generation reduces flexibility and increases execution risk.
International Execution And Margin VolatilityInternational delivery delays and contract-manufacturing ramp issues expose operational execution risk beyond core domestic demand. Program mix and estimate-at-completion changes can also create recurring margin volatility as complex defense contracts progress.

Mercury Systems News

MRCY FAQ

What was Mercury Systems Inc’s price range in the past 12 months?
Mercury Systems Inc lowest stock price was $65.04 and its highest was $128.45 in the past 12 months.
    What is Mercury Systems Inc’s market cap?
    Mercury Systems Inc’s market cap is $4.98B.
      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 68 days.
        How were Mercury Systems Inc’s earnings last quarter?
        Mercury Systems Inc released its earnings results on Aug 18, 2026. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.383 by -$0.013.
          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 pays a Notavailable dividend of $0.618 which represents an annual dividend yield of N/A. See more information on Mercury Systems Inc dividends here
              What is Mercury Systems Inc’s EPS estimate?
              Mercury Systems Inc’s EPS estimate is 0.3.
                How many shares outstanding does Mercury Systems Inc have?
                Mercury Systems Inc has 60,136,130 shares outstanding.
                  What happened to Mercury Systems Inc’s price movement after its last earnings report?
                  Mercury Systems Inc reported an EPS of $0.37 in its last earnings report, missing expectations of $0.383. Following the earnings report the stock price went down -3.571%.
                    Which hedge fund is a major shareholder of Mercury Systems Inc?
                    Currently, no hedge funds are holding shares in MRCY
                    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 (MRCY) Earnings & Revenues

                      MRCY Company Deck

                      MRCY 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 MRCY earnings summaries

                      MRCY Stock 12 Month Forecast

                      Average Price Target

                      $116.50
                      ▲(32.78% Upside)
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                      8.26%32.47%13.93%8.28%
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