Mercury Systems Inc (NASDAQ:MRCY) Receives $83.25 Average Target Price from Brokerages

Mercury Systems Inc (NASDAQ:MRCY) has been assigned a consensus recommendation of “Hold” from the nine brokerages that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $87.1250.

MRCY has been the topic of a number of research analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 target price on shares of Mercury Systems in a report on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Mercury Systems in a research note on Thursday, January 22nd. Raymond James Financial reissued a “strong-buy” rating and set a $100.00 price objective on shares of Mercury Systems in a research report on Wednesday, November 5th. Truist Financial boosted their target price on shares of Mercury Systems from $102.00 to $109.00 and gave the company a “buy” rating in a report on Wednesday. Finally, The Goldman Sachs Group increased their price target on shares of Mercury Systems from $49.00 to $55.00 and gave the stock a “sell” rating in a research note on Tuesday, January 20th.

Insider Activity at Mercury Systems

In other Mercury Systems news, CAO Douglas Munro sold 1,329 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $73.42, for a total transaction of $97,575.18. Following the sale, the chief accounting officer directly owned 14,678 shares in the company, valued at approximately $1,077,658.76. This trade represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Debora A. Plunkett sold 1,700 shares of the stock in a transaction on Friday, November 7th. The shares were sold at an average price of $73.99, for a total value of $125,783.00. Following the sale, the director directly owned 16,833 shares in the company, valued at $1,245,473.67. This trade represents a 9.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund boosted its holdings in Mercury Systems by 1.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 12,058 shares of the technology company’s stock worth $880,000 after purchasing an additional 187 shares during the last quarter. Crossmark Global Holdings Inc. lifted its holdings in shares of Mercury Systems by 12.6% during the 4th quarter. Crossmark Global Holdings Inc. now owns 3,696 shares of the technology company’s stock valued at $270,000 after buying an additional 415 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of Mercury Systems by 18.3% in the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 4,994 shares of the technology company’s stock worth $365,000 after buying an additional 774 shares during the last quarter. Swedbank AB grew its holdings in shares of Mercury Systems by 722.1% in the fourth quarter. Swedbank AB now owns 38,349 shares of the technology company’s stock worth $2,800,000 after acquiring an additional 33,684 shares during the period. Finally, Danske Bank A S grew its holdings in shares of Mercury Systems by 882.0% in the fourth quarter. Danske Bank A S now owns 2,946 shares of the technology company’s stock worth $215,000 after acquiring an additional 2,646 shares during the period. 95.99% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Mercury Systems

Here are the key news stories impacting Mercury Systems this week:

• Positive Sentiment: Q2 beat on revenue and EPS; bookings/backlog strength. Mercury reported Q2 revenue of ~$232.9M and $0.16 EPS (above consensus) and said backlog hit a record ~$1.5B — evidence of demand strength. What Mercury Systems (MRCY)’s Q2 Beat and Record Backlog Means For Shareholders
• Positive Sentiment: EBITDA expansion and bookings growth noted by analysts. Coverage highlights improved adjusted EBITDA and rising bookings, supporting a multi‑quarter recovery thesis. Mercury Systems Q2 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Some analysts remain bullish — Truist raised its price target and William Blair/others maintained buy ratings, signaling conviction that long‑term margin recovery and defense spending tailwinds justify upside. MRCY Price Target Raised by Truist
• Neutral Sentiment: Earnings call and company filings provide detail on product mix and margin expectations — management reiterated near‑term conservatism while outlining a path to higher margins over several years. Q2 2026 Earnings Call Transcript
• Negative Sentiment: Gross‑margin pressure from low‑margin backlog being fulfilled and ongoing net losses. Management acknowledged the current margin profile is depressed as legacy/low‑margin orders convert, delaying margin normalization into later years — a key reason investors sold into the beat. Mercury Systems Tumbles 25%, But This Turnaround Is Just Getting Started
• Negative Sentiment: Management’s reluctance to raise near‑term guidance despite revenue pull‑forwards disappointed investors and amplified selling. Several coverage pieces attribute the sharp intraday drop to this guidance stance. Why Mercury Systems (MRCY) Shares Are Getting Obliterated Today
• Negative Sentiment: Market reaction: heavy selling and steep intraday declines (reports cite drops of double‑digits), reflecting short‑term investor focus on margins/guidance rather than backlog. Why Mercury Systems, Inc.’s (MRCY) Stock Is Down 13.23%

Mercury Systems Trading Down 22.3%

MRCY opened at $77.12 on Thursday. Mercury Systems has a one year low of $39.89 and a one year high of $103.84. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.37 and a quick ratio of 2.31. The business has a 50 day simple moving average of $82.95 and a two-hundred day simple moving average of $74.32. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of -145.51, a PEG ratio of 4.40 and a beta of 0.75.

Mercury Systems (NASDAQ:MRCY) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.09. Mercury Systems had a positive return on equity of 1.28% and a negative net margin of 3.23%.The company had revenue of $232.87 million during the quarter, compared to analyst estimates of $209.96 million. During the same quarter last year, the firm posted $0.07 earnings per share. The firm’s revenue was up 4.4% on a year-over-year basis. Analysts predict that Mercury Systems will post -0.08 EPS for the current year.

Mercury Systems Company Profile

Mercury Systems, Inc (NASDAQ: MRCY) is a technology company that designs, manufactures and markets secure processing subsystems for aerospace and defense applications. The company’s products are built to address the stringent security, safety and reliability requirements of mission-critical programs, with a focus on radar, electronic warfare, intelligence and other sensor and processing functions. Mercury’s offerings encompass rugged embedded computing modules, high-performance radio frequency (RF) and microwave components, digital signal processing subsystems and secure networking solutions.

Since its origins in advanced signal processing, Mercury Systems has expanded its capabilities through a combination of internal development and targeted acquisitions.