Mercury Systems (MRCY) reported earnings 30 days ago. What's next for the stock?
Mercury Systems delivered strong Q1 results, driven by a $20M sales pull-forward, higher-margin backlog, and operational improvements. MRCY expects near-term revenue softness but forecasts robust margin and EBITDA growth through FY28, supported by automation and expanding defense demand. The price target is adjusted slightly to $84.49, with long-term upside supported by improved EBITDA, free cash flow, and a $200M share buyback program.
Mercury Systems, Inc. ( MRCY ) Q1 2026 Earnings Call November 4, 2025 5:00 PM EST Company Participants Tyler Hojo - VP of Investors Relations William Ballhaus - President, CEO & Chairman David Farnsworth - Executive VP & CFO Conference Call Participants Kenneth Herbert - RBC Capital Markets, Research Division Peter Arment - Robert W. Baird & Co. Incorporated, Research Division Austin Moeller - Canaccord Genuity Corp., Research Division Jonathan Ho - William Blair & Company L.L.C.
The headline numbers for Mercury Systems (MRCY) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Mercury Systems (MRCY) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.04 per share a year ago.
I am neutral on Mercury Systems (MRCY). due to strong turnaround momentum, but a valuation that leaves little margin for error. MRCY is well-positioned for a multi-year defense upcycle, with record backlog, improved execution, and exposure to long-term modernization trends. The company's open-architecture platform and increasing defense outsourcing support future growth and margin expansion, but execution risks remain.
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Mercury Systems delivered strong Q4 and full-year results, with accelerated sales, improved margins, and significant EBITDA growth. FY26 will see low-single digit revenue growth, but solid margins and positive free cash flow are expected. Despite missing the initial rally, I am upgrading Mercury Systems from hold to buy, with a $86.50 price target and 30% upside potential.
Mercury Systems NASDAQ: MRCY delivered one of the market's most definitive earnings statements this week. The company's stock was up over 25% in a single session after the company reported strong fourth-quarter and full-year fiscal 2025 results.
Mercury Systems ends FY25 strong with soaring Q4 profit, rising sales and a growing backlog fueling investor optimism.
Mercury Systems, Inc. (NASDAQ:MRCY ) Q4 2025 Earnings Conference Call August 11, 2025 5:00 PM ET Company Participants David E. Farnsworth - Executive VP & CFO Tyler Hojo - VP of Investors Relations William L.
The headline numbers for Mercury Systems (MRCY) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.