Mercury Systems (NASDAQ:MRCY) Given New $130.00 Price Target at Robert W. Baird

Mercury Systems (NASDAQ:MRCY) had its target price raised by stock analysts at Robert W. Baird from $120.00 to $130.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the technology company’s stock. Robert W. Baird’s price target would suggest a potential upside of 23.81% from the company’s previous close.

MRCY has been the topic of several other research reports. Zacks Research downgraded Mercury Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Jefferies Financial Group reissued a “hold” rating and issued a $115.00 target price on shares of Mercury Systems in a research report on Friday, July 10th. Truist Financial raised Mercury Systems to a “strong-buy” rating in a research report on Friday, May 1st. Wall Street Zen downgraded Mercury Systems from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Mercury Systems in a report on Friday, July 17th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Mercury Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.30.

Mercury Systems Stock Performance

Shares of MRCY opened at $105.00 on Wednesday. The stock has a 50 day moving average of $108.73 and a 200 day moving average of $94.85. The company has a market capitalization of $6.30 billion, a price-to-earnings ratio of -437.50 and a beta of 0.95. Mercury Systems has a 12 month low of $62.78 and a 12 month high of $128.45. The company has a current ratio of 3.19, a quick ratio of 2.15 and a debt-to-equity ratio of 0.40.

Mercury Systems (NASDAQ:MRCY) last posted its quarterly earnings data on Tuesday, August 18th. The technology company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). Mercury Systems had a positive return on equity of 2.22% and a negative net margin of 1.46%.The business had revenue of $289.78 million during the quarter, compared to analysts’ expectations of $266.09 million. During the same period in the prior year, the firm posted $0.47 EPS. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. As a group, sell-side analysts forecast that Mercury Systems will post 0.33 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Howard L. Lance sold 9,250 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $99.76, for a total transaction of $922,780.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in MRCY. Beacon Pointe Advisors LLC purchased a new stake in Mercury Systems during the second quarter valued at about $372,000. Empowered Funds LLC bought a new stake in Mercury Systems in the second quarter worth $233,000. Centaurus Financial Inc. bought a new position in Mercury Systems during the 2nd quarter worth approximately $415,000. Public Employees Retirement System of Ohio purchased a new stake in Mercury Systems during the 2nd quarter valued at $43,000. Finally, Corient Private Wealth LP bought a new stake in shares of Mercury Systems in the second quarter worth about $1,314,000. Institutional investors own 95.99% of the company’s stock.

Mercury Systems News Roundup

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

• Positive Sentiment: Demand indicators were exceptionally strong. Fourth-quarter bookings reached a record $660 million, up 93.1% year over year, producing a 2.28 book-to-bill ratio. Backlog exceeded $1.9 billion, an increase of approximately 38.4%, supporting future revenue visibility. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Fourth-quarter revenue rose 6.1% to approximately $290 million, exceeding the roughly $266 million analyst estimate. Fiscal 2026 revenue increased to $984 million from $912 million, while the company indicated stronger organic growth expectations.
• Neutral Sentiment: Management reported fiscal 2026 adjusted EBITDA of $49 million for the quarter, a 16.7% margin, and $29 million of quarterly free cash flow. However, full-year operating and free cash flow were below fiscal 2025 levels, tempering the benefit of the strong order pipeline. Mercury Systems Q4 2026 Earnings Call Transcript
• Negative Sentiment: Profitability disappointed investors. Adjusted EPS was $0.37, below the $0.38 consensus cited by some data providers and down from $0.47 a year earlier. GAAP EPS fell to approximately $0.01 from $0.27, and fiscal 2026 ended with a $29.7 million GAAP net loss. The weaker earnings quality and lower cash generation appear to have driven the selloff despite record bookings. Mercury Systems drops as Q4 EPS miss overshadows record bookings

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.