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MRK

Merck & Co., Inc.

MRK

NYSE·Healthcare·Drug Manufacturers - General·Mkt cap $378.3B

$151.01

-1.37%

P/E

120.80

Mkt Cap

$378.3B

52-Wk Range

$77.58–$156.92

52-Week Range

$77.58 - $156.92

P/E

120.80

Fwd P/E

54.94

Beta

0.21

Div Yield

2.19%

Avg Vol

10.4M

Shares Out

2.5B

Mkt Cap

$378.3B

Price action

Price chart

Up 82.2% 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

  • Diversified therapeutic portfolio spanning high-demand disease areas with strong patent protection and pipeline depth
  • Dual revenue streams from human pharmaceuticals and animal health, reducing dependence on single market segment
  • Strategic partnerships with leading biotech and pharmaceutical companies accelerating innovation in breakthrough therapies like long-acting HIV treatments
  • Established global distribution network and trusted relationships with healthcare providers, hospitals, and government agencies
  • 132+ years of operational history and brand recognition providing competitive credibility and regulatory expertise

Bear Case

2 risks

  • Low volatility (beta 0.2).
  • Extreme premium - high expectations embedded

Growth

Stable outlook

Aging global population increasing demand for oncology, cardiovascular, and immunology treatments

Value

Extreme premium - high expectations embedded

Momentum

Hot

+27.4% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Solid

2.19% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 29, 2026

Q3 26 RECAP

AUG 4, 2026

Reported EPS of -$0.13 vs -$0.27 consensus (+51.9% surprise). Revenue of $16.6B vs $16.4B expected (+1.4%). Beat on both top and bottom lines.

EPS beat +51.9%
Rev beat +1.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+51.9%

Revenue trend · last 8Q

+7%

-2%

-2%

+4%

+4%

+5%

+5%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$16.7B

$15.6B

$15.5B

$15.8B

$17.2B

$16.3B

$16.3B

$16.6B

Margins · last 8Q

Gross

Operating

Profit

-8.0%

Wall Street consensus

17 analysts · 82% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

14

82%

Hold

3

18%

Sell

0%

Median Price Target

$155.00

+2.6% vs $151.01

Low $140.00
Median $155.00
High $179.00

Latest: Wolfe Research · Aug 25, 2026

3 analysts covering

vs Industry

How MRK stacks vs Drug Manufacturers - General

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.