Mercury Systems, Inc.
MRCY
NASDAQ·Industrials·Aerospace & Defense·Mkt cap $5.3B
$88.54
▼ -2.13%
P/E
-112.08
Mkt Cap
$5.3B
52-Wk Range
$65.04–$128.45
52-Week Range
$65.04 - $128.45
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 30.9% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
5 reasons
- Specialized expertise in high-reliability aerospace and defense electronics with 40+ year track record
- Established relationships with 25 major defense contractors providing sticky, long-term revenue streams
- Broad product portfolio across critical defense supply chain reduces customer concentration risk
- High barriers to entry due to stringent military certifications, security clearances, and qualification requirements
- Recurring revenue from 300+ deployed programs creates predictable cash flows
Bear Case
2 risks
- Average volatility.
- Significant premium - growth priced in
Growth
Turning profitable
Increased U.S. and allied defense spending on military modernization and next-generation platforms
Value
Significant premium - growth priced in
Momentum
Falling
-20.7% over 3m
Quality
Stable
Solid business
Dividend
None
No dividend
Smart-money signal
Who's buying MRCY right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Nov 3, 2026
AUG 18, 2026
Reported EPS of $0.37 vs $0.38 consensus (-3.3% surprise). Revenue of $289.8M vs $266.1M expected (+8.9%).
EPS surprise · last 4Q
0 of 1 beats
Estimate
Actual
Q3 26
-3.3%
Revenue trend · last 8Q
—
—
-10%
+3%
-15%
+10%
+4%
+6%
Q4 24
Q1 24
Q2 24
Q3 25
Q4 25
Q1 25
Q2 25
Q4 26
$248.6M
$204.4M
$223.1M
$211.4M
$273.1M
$225.2M
$232.9M
$289.8M
Margins · last 8Q
Gross
30.6%
Operating
4.2%
Profit
0.3%
Wall Street consensus
5 analysts · 40% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
40%
Hold
40%
Sell
20%
Median Price Target
—
Latest: Deutsche Bank · Aug 12, 2026
vs Industry
How MRCY stacks vs Aerospace & Defense
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
Related