Mercury Systems - MRCY Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mercury Systems in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MRCY shares.
View MRCY analyst ratings or view top-rated stocks.

6 analysts have issued twelve-month price objectives for Mercury Systems' shares. Their MRCY share price forecasts range from $58.00 to $76.00. On average, they expect the company's stock price to reach $66.00 in the next twelve months. This suggests a possible upside of 52.1% 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 $55.06 at the beginning of the year. Since then, MRCY shares have decreased by 21.2% and is now trading at $43.40.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our MRCY earnings forecast.

Mercury Systems, Inc. (NASDAQ:MRCY) released its earnings results on Tuesday, November, 2nd. The technology company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.16. The technology company earned $225.01 million during the quarter, compared to the consensus estimate of $212.50 million. Mercury Systems had a trailing twelve-month return on equity of 6.16% and a net margin of 1.14%. During the same period in the prior year, the firm earned $0.41 EPS.

Mercury Systems issued an update on its first quarter 2023 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of $0.19-$0.23 for the period, compared to the consensus estimate of $0.53. The company issued revenue guidance of $215.00 million-$225.00 million, compared to the consensus revenue estimate of $249.79 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 a variety of institutional and retail investors. Top institutional shareholders include William Blair Investment Management LLC (7.76%), Starboard Value LP (6.84%), Conestoga Capital Advisors LLC (4.64%), State Street Corp (4.13%), Victory Capital Management Inc. (1.84%) and FMR LLC (1.32%). Insiders that own company stock include Brian E Perry, Christopher C Cambria, Christopher C Cambria, Didier M C Thibaud, Didier M C Thibaud, Howard L Lance, 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 $43.40.

Mercury Systems (NASDAQ:MRCY) has a market capitalization of $2.51 billion and generates $988.20 million in revenue each year. The technology company earns $11.27 million in net income (profit) each year or $0.19 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.