Q3 Earnings Estimate for MRLN Issued By Northland Securities

Key Points

• Northland Securities raised Merlin’s Q3 2026 EPS estimate to a loss of $0.35 per share from $0.36 and reiterated its “Outperform” rating with a $10 price target.
• Merlin’s latest quarter significantly missed expectations, reporting a $1.40-per-share loss versus the $0.28 consensus estimate, on revenue of $2.19 million.
• Analyst sentiment remains mixed: the stock has a “Moderate Buy” consensus rating and $10.50 average target, although other firms recently lowered their price targets and Merlin is still projected to post substantial losses.

Merlin, Inc. Common Stock (NASDAQ:MRLN - Free Report) - Equities research analysts at Northland Securities upped their Q3 2026 earnings per share (EPS) estimates for Merlin, Inc. Common Stock in a report released on Friday, August 14th. Northland Securities analyst M. Latimore now forecasts that the company will post earnings of ($0.35) per share for the quarter, up from their prior forecast of ($0.36). Northland Securities has a "Outperform" rating and a $10.00 price objective 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 Q4 2026 earnings at ($0.35) EPS, FY2026 earnings at ($2.17) EPS, Q1 2027 earnings at ($0.34) EPS, Q2 2027 earnings at ($0.33) EPS, Q3 2027 earnings at ($0.33) EPS, Q4 2027 earnings at ($0.35) EPS, FY2027 earnings at ($1.35) EPS, FY2028 earnings at ($1.07) EPS and FY2029 earnings at ($0.53) EPS.

Merlin, Inc. Common Stock (NASDAQ:MRLN - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.28) by ($1.12). The business had revenue of $2.19 million during the quarter.

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

Merlin, Inc. Common Stock Price Performance

MRLN stock opened at $3.54 on Tuesday. The firm has a market cap of $341.68 million, a price-to-earnings ratio of -9.57 and a beta of 1.87. Merlin, Inc. Common Stock has a 1-year low of $3.27 and a 1-year high of $17.00. The business's 50 day simple moving average is $4.80.

Institutional Trading of Merlin, Inc. Common Stock

An institutional investor recently bought a new stake in Merlin, Inc. Common Stock stock. Ancora Advisors LLC purchased a new stake in Merlin, Inc. Common Stock (NASDAQ:MRLN - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent reporting period.

More Merlin, Inc. Common Stock News

Here are the key news stories impacting Merlin, Inc. Common Stock this week:

• Positive Sentiment: Northland Securities maintained an “Outperform” rating and a $10 price target, substantially above Merlin’s recent trading level. The firm raised its EPS forecasts for FY2027 to $(1.35) from $(1.53), FY2028 to $(1.07) from $(1.21), and FY2029 to $(0.53) from $(0.63), indicating expectations for narrower losses over time.
• Positive Sentiment: Northland also improved its quarterly EPS estimates for Q3 2026, Q4 2026, and each quarter of 2027. The revisions suggest the analyst sees gradual operating improvement, although Merlin is still expected to remain unprofitable.
• Neutral Sentiment: The revised forecasts still project significant losses, including $(2.17) EPS for FY2026 and $(1.35) for FY2027. Investors may view the longer-term improvement favorably, but profitability remains uncertain.
• Negative Sentiment: Northland sharply reduced its FY2026 EPS forecast to $(2.17) from $(1.47), despite raising later-year estimates. This indicates near-term financial performance could be weaker than previously expected.
• Negative Sentiment: Cantor Fitzgerald cut its Merlin price target to $9 from its prior level, adding a more cautious valuation signal. Cantor Fitzgerald Cuts Merlin Price Target to $9
• Negative Sentiment: Merlin’s latest reported quarter showed a $(1.40) per-share loss on $2.19 million in revenue, missing the consensus loss estimate of $(0.28), reinforcing concerns about execution and cash needs.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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