Mercury Systems (NASDAQ:MRCY) Price Target Raised to $130.00

Mercury Systems (NASDAQ:MRCY) had its price objective raised by Robert W. Baird from $120.00 to $130.00 in a research note released on Wednesday morning, MarketBeat.com reports. They currently have an outperform rating on the technology company’s stock.

A number of other research firms have also weighed in on MRCY. Wall Street Zen lowered Mercury Systems from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Deutsche Bank Aktiengesellschaft cut Mercury Systems to a “hold” rating in a report on Wednesday, August 12th. Canaccord Genuity Group upped their price target on Mercury Systems from $102.00 to $106.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Piper Sandler assumed coverage on shares of Mercury Systems in a report on Wednesday, August 12th. They set an “overweight” rating and a $126.00 price objective for the company. Finally, Truist Financial raised shares of Mercury Systems to a “strong-buy” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Mercury Systems currently has an average rating of “Hold” and a consensus target price of $110.10.

Mercury Systems Stock Performance

Shares of NASDAQ MRCY opened at $91.36 on Wednesday. The firm has a fifty day moving average price of $107.54 and a 200-day moving average price of $94.85. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.96 and a quick ratio of 2.15. The stock has a market cap of $5.49 billion, a PE ratio of -182.72 and a beta of 0.95. Mercury Systems has a 1 year low of $65.04 and a 1 year high of $128.45.

Mercury Systems (NASDAQ:MRCY) last released its earnings results on Tuesday, August 18th. The technology company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). The firm had revenue of $289.78 million for the quarter, compared to analysts’ expectations of $266.09 million. Mercury Systems had a negative net margin of 3.02% and a positive return on equity of 1.29%. The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.47 EPS. Equities analysts anticipate that Mercury Systems will post 0.77 earnings per share for the current fiscal year.

Insider Transactions at Mercury Systems

In related news, CEO William L. Ballhaus sold 26,802 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $100.31, for a total value of $2,688,508.62. Following the completion of the transaction, the chief executive officer directly owned 250,207 shares of the company’s stock, valued at approximately $25,098,264.17. This trade represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP David E. Farnsworth sold 8,155 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $100.31, for a total transaction of $818,028.05. Following the completion of the sale, the executive vice president owned 124,579 shares in the company, valued at $12,496,519.49. This represents a 6.14% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 120,705 shares of company stock valued at $12,485,420 in the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Institutional Trading of Mercury Systems

Large investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio purchased a new position in Mercury Systems in the second quarter worth about $43,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Mercury Systems during the second quarter worth approximately $52,000. Leonteq Securities AG purchased a new stake in Mercury Systems during the fourth quarter valued at approximately $35,000. Hollencrest Capital Management purchased a new stake in Mercury Systems during the fourth quarter valued at approximately $37,000. Finally, Osaic Holdings Inc. lifted its stake in shares of Mercury Systems by 53.2% in the 2nd quarter. Osaic Holdings Inc. now owns 599 shares of the technology company’s stock valued at $32,000 after purchasing an additional 208 shares during the last quarter. 95.99% of the stock is currently owned by institutional investors.

Key Headlines Impacting Mercury Systems

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

• Positive Sentiment: Mercury Systems reported record fourth-quarter bookings of approximately $660 million, up 93.1% year over year, with a 2.28 book-to-bill ratio. Backlog surpassed $1.9 billion, a 38.4% increase, providing stronger revenue visibility as production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Revenue increased 6.1% year over year to approximately $290 million, exceeding the roughly $266 million analyst estimate. RBC raised its target to $120, Piper Sandler lifted its target to $131 while maintaining an Overweight rating, and Baird also forecast substantial upside. Robert W. Baird Forecasts Strong Price Appreciation
• Neutral Sentiment: CEO William Ballhaus and several executives sold shares in transactions from August 17–20. The sales totaled several million dollars, but SEC filings said they were intended to cover tax withholding on vested equity awards. That reduces their value as a bearish signal, although no insider purchases were reported. Mercury Systems SEC Insider Trading Filing
• Negative Sentiment: Adjusted EPS was $0.37, narrowly missing the $0.38 consensus and falling from $0.47 a year earlier. GAAP EPS was $0.01, while adjusted EBITDA declined to $49 million from $51 million and free cash flow fell to $29 million from $34 million. The earnings shortfall appears to have outweighed the strong bookings and revenue figures. Mercury Systems Drops as EPS Miss Overshadows Record Bookings
• Negative Sentiment: Investors are also evaluating Mercury’s exposure to semiconductor-price volatility. Because many contracts are fixed-price, higher component costs could pressure margins before the company can adjust pricing or supply arrangements. Mercury Systems Fixed-Price Contract Risk

About Mercury Systems

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.