Mercury Systems - MRCY Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercury Systems in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MRCY shares.
View MRCY analyst ratings or view top-rated stocks.

6 equities research analysts have issued 12-month target prices for Mercury Systems' stock. Their MRCY share price forecasts range from $54.00 to $71.00. On average, they expect the company's share price to reach $58.67 in the next year. This suggests a possible upside of 21.7% from the stock's current price.
View analysts price targets for MRCY or view top-rated stocks among Wall Street analysts.

Mercury Systems' stock was trading at $44.74 on January 1st, 2023. Since then, MRCY shares have increased by 7.8% and is now trading at $48.22.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our MRCY earnings forecast.

Mercury Systems, Inc. (NASDAQ:MRCY) announced its quarterly earnings data on Tuesday, November, 2nd. The technology company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.16. The technology company had revenue of $225.01 million for the quarter, compared to analyst estimates of $212.50 million. Mercury Systems had a negative net margin of 0.42% and a positive trailing twelve-month return on equity of 4.71%. During the same quarter in the previous year, the firm posted $0.41 EPS.

ETFs with the largest weight of Mercury Systems (NASDAQ:MRCY) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), SPDR S&P Aerospace & Defense ETF (XAR), Alger Mid Cap 40 ETF (FRTY), First Trust Indxx Aerospace & Defense ETF (MISL), SPDR Kensho Future Security ETF (FITE), iShares U.S. Aerospace & Defense ETF (ITA), Invesco Aerospace & Defense ETF (PPA) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN).

Mercury Systems updated its third quarter 2023 earnings guidance on Tuesday, January, 31st. The company provided earnings per share (EPS) guidance of $0.32-$0.42 for the period, compared to the consensus EPS estimate of $0.61. The company issued revenue guidance of $245.00 million-$260.00 million, compared to the consensus revenue estimate of $266.61 million.

291 employees have rated Mercury Systems Chief Executive Officer Mark Aslett on Glassdoor.com. Mark Aslett has an approval rating of 98% among the company's employees. This puts Mark Aslett in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercury Systems investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Boeing (BA), AT&T (T), Cisco Systems (CSCO), Netflix (NFLX), Skyworks Solutions (SWKS), Micron Technology (MU) and PayPal (PYPL).

Mercury Systems trades on the NASDAQ under the ticker symbol "MRCY."

Mercury Systems' stock is owned by many different retail and institutional investors. Top institutional shareholders include William Blair Investment Management LLC (8.98%), Conestoga Capital Advisors LLC (4.30%), Bamco Inc. NY (3.54%), Victory Capital Management Inc. (2.50%), Victory Capital Management Inc. (2.50%) and Victory Capital Management Inc. (2.50%). Insiders that own company stock include Brian E Perry, Christopher C Cambria, Christopher C Cambria, Didier M C Thibaud, Howard L Lance, James Mitch Stevison, Mark Aslett, Michael Ruppert, Michelle M Mccarthy and Thomas Huber.
View institutional ownership trends.

Shares of MRCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of MRCY stock can currently be purchased for approximately $48.22.

Mercury Systems (NASDAQ:MRCY) has a market capitalization of $2.80 billion and generates $988.20 million in revenue each year. The technology company earns $11.27 million in net income (profit) each year or ($0.08) on an earnings per share basis.

The company employs 2,386 workers across the globe.

Mercury Systems' mailing address is 50 MINUTEMAN ROAD, ANDOVER MA, 01810. The official website for the company is www.mrcy.com. The technology company can be reached via phone at (978) 256-1300, via email at ir@mrcy.com, or via fax at 612-656-4400.