Mercury Systems (NASDAQ:MRCY) Stock Price Expected to Rise, Truist Financial Analyst Says

Mercury Systems (NASDAQ:MRCY) had its target price lifted by analysts at Truist Financial from $102.00 to $109.00 in a research note issued to investors on Wednesday, MarketBeat.com reports. The firm currently has a “buy” rating on the technology company’s stock. Truist Financial’s price objective points to a potential upside of 37.85% from the stock’s previous close.

Other analysts have also issued reports about the stock. Raymond James Financial restated a “strong-buy” rating and issued a $100.00 price objective on shares of Mercury Systems in a report on Wednesday, November 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Mercury Systems in a research note on Thursday, January 22nd. Royal Bank Of Canada set a $95.00 price objective on shares of Mercury Systems and gave the stock an “outperform” rating in a report on Wednesday, November 5th. The Goldman Sachs Group lifted their target price on shares of Mercury Systems from $49.00 to $55.00 and gave the company a “sell” rating in a report on Tuesday, January 20th. Finally, Canaccord Genuity Group set a $102.00 target price on Mercury Systems in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $87.13.

Mercury Systems Stock Performance

Mercury Systems stock opened at $79.07 on Wednesday. The firm has a 50 day simple moving average of $83.14 and a 200-day simple moving average of $74.35. The stock has a market cap of $4.74 billion, a price-to-earnings ratio of -149.19, a price-to-earnings-growth ratio of 3.42 and a beta of 0.75. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.96 and a quick ratio of 2.31. Mercury Systems has a 1-year low of $39.89 and a 1-year high of $103.84.

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

Insider Transactions at Mercury Systems

In other Mercury Systems news, CAO Douglas Munro sold 1,329 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $73.42, for a total value of $97,575.18. Following the completion of the transaction, the chief accounting officer owned 14,678 shares of the company’s stock, valued at $1,077,658.76. This trade represents a 8.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Emerald Advisers LLC raised its position in Mercury Systems by 16.7% in the 3rd quarter. Emerald Advisers LLC now owns 533,092 shares of the technology company’s stock valued at $41,261,000 after purchasing an additional 76,379 shares during the last quarter. Mutual of America Capital Management LLC increased its stake in Mercury Systems by 42.8% in the third quarter. Mutual of America Capital Management LLC now owns 225,374 shares of the technology company’s stock valued at $17,444,000 after purchasing an additional 67,518 shares during the period. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Mercury Systems by 75.8% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 27,796 shares of the technology company’s stock valued at $2,151,000 after buying an additional 11,989 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in shares of Mercury Systems during the second quarter worth about $799,000. Finally, Squarepoint Ops LLC boosted its stake in shares of Mercury Systems by 406.1% during the second quarter. Squarepoint Ops LLC now owns 45,871 shares of the technology company’s stock worth $2,471,000 after buying an additional 36,807 shares during the period. Institutional investors and hedge funds own 95.99% of the company’s stock.

Key Headlines Impacting Mercury Systems

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

• Positive Sentiment: Q2 beat and record backlog — Mercury reported better-than-expected revenue and EPS for fiscal Q2, bookings rose and backlog reached roughly $1.5B, supporting multi-quarter visibility and revenue convertibility. What Mercury Systems (MRCY)’s Q2 Beat and Record Backlog Means For Shareholders
• Positive Sentiment: Analyst support — Truist raised its price target (now $109) and William Blair reiterated a Buy, citing strategic mix shift and backlog strength, providing upside case and institutional support for the stock. MRCY price target raised by Truist TipRanks: Strategic mix shift supports buy rating
• Neutral Sentiment: Earnings-call detail & presentation — Management highlighted record backlog, EBITDA expansion and a strategic product mix shift; investors can review the call transcript and presentation for line-item context on margins and timing. Q2 2026 Earnings Call Transcript Earnings Call Presentation
• Negative Sentiment: Margin pressure & pulled-forward revenue — Management disclosed that recent revenue beat included roughly $30M of pull‑forward from backlog and affirmed lower gross margins as the company fulfills lower‑margin orders, pressuring near-term profitability. Mercury Systems Tumbles 25%
• Negative Sentiment: Investor reaction — The combination of ongoing net losses, margin deterioration and management’s cautious stance on raising guidance triggered heavy selling (large intraday/after‑hours declines), as noted in several market writeups. Why Mercury Systems (MRCY) Shares Are Getting Obliterated Today AAII: Why MRCY stock is down

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.