Equities Analysts Set Expectations for MRLN Q1 Earnings

Key Points

• Northland Securities expects Merlin to report a Q1 2028 loss of $0.28 per share and a similar Q2 loss, while maintaining an “Outperform” rating and a $10 price target. The consensus full-year estimate is a loss of $1.47 per share.
• Analyst sentiment remains mixed but leans positive: Merlin has a consensus “Moderate Buy” rating and an average price target of $10.50, despite several firms recently lowering their targets and one issuing a “strong sell” rating.
• MRLN opened at $3.76, near its 52-week low of $3.27 and well below its 52-week high of $17.00. Ancora Advisors also disclosed a new 1.08 million-share position worth approximately $19.3 million.

Merlin, Inc. Common Stock (NASDAQ:MRLN - Free Report) - Equities research analysts at Northland Securities issued their Q1 2028 earnings per share (EPS) estimates for Merlin, Inc. Common Stock in a research report issued to clients and investors on Friday, August 14th. Northland Securities analyst M. Latimore forecasts that the company will earn ($0.28) per share for the quarter. Northland Securities currently has a "Outperform" rating and a $10.00 target price on the stock. The consensus estimate for Merlin, Inc. Common Stock's current full-year earnings is ($1.47) per share. Northland Securities also issued estimates for Merlin, Inc. Common Stock's Q2 2028 earnings at ($0.28) EPS.

MRLN has been the subject of several other research reports. Weiss Ratings raised shares of Merlin, Inc. Common Stock from a "sell (e-)" rating to a "sell (e)" rating in a research report on Tuesday, June 9th. Cantor Fitzgerald decreased their price objective on shares of Merlin, Inc. Common Stock from $11.00 to $9.00 and set an "overweight" rating on the stock in a research report on Friday. TD Cowen lowered their price objective on shares of Merlin, Inc. Common Stock from $11.00 to $8.00 and set a "buy" rating for the company in a research note on Monday, July 13th. Finally, Wall Street Zen lowered shares of Merlin, Inc. Common Stock to a "strong sell" rating in a report on Saturday, May 23rd. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Merlin, Inc. Common Stock currently has a consensus rating of "Moderate Buy" and an average price target of $10.50.

Merlin, Inc. Common Stock Stock Performance

Shares of NASDAQ MRLN opened at $3.76 on Monday. Merlin, Inc. Common Stock has a 52 week low of $3.27 and a 52 week high of $17.00. The business has a fifty day moving average price of $4.89. The stock has a market capitalization of $362.92 million, a P/E ratio of -10.16 and a beta of 1.87.

Hedge Funds Weigh In On Merlin, Inc. Common Stock

A hedge fund recently bought a new position in Merlin, Inc. Common Stock stock. Ancora Advisors LLC purchased a new position in Merlin, Inc. Common Stock (NASDAQ:MRLN - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,083,439 shares of the company's stock, valued at approximately $19,318,000. Ancora Advisors LLC owned 1.12% of Merlin, Inc. Common Stock as of its most recent SEC filing.

About Merlin, Inc. Common Stock

Merlin Inc is focused on developing autonomous flight software for legacy and next-generation airborne systems. Its aircraft-agnostic, AI-based software supports takeoff-to-landing autonomous operations for military and civil aviation programs. The company aims to build an AI-based operating software platform intended to support autonomous flight operations across a range of aircraft types.

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