Brokers Set Expectations for Mercury Systems Q3 Earnings

Mercury Systems Inc (NASDAQ:MRCY) – Research analysts at Zacks Research decreased their Q3 2026 earnings estimates for Mercury Systems in a research note issued on Tuesday, February 24th. Zacks Research analyst Team now forecasts that the technology company will earn ($0.08) per share for the quarter, down from their previous forecast of $0.02. The consensus estimate for Mercury Systems’ current full-year earnings is ($0.08) per share. Zacks Research also issued estimates for Mercury Systems’ Q4 2026 earnings at $0.20 EPS, FY2026 earnings at $0.11 EPS, Q1 2027 earnings at $0.01 EPS, Q2 2027 earnings at $0.02 EPS, Q3 2027 earnings at $0.08 EPS, Q4 2027 earnings at $0.25 EPS, FY2027 earnings at $0.37 EPS, Q1 2028 earnings at $0.16 EPS and FY2028 earnings at $1.02 EPS.

Mercury Systems (NASDAQ:MRCY) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.09. The firm had revenue of $232.87 million during the quarter, compared to the consensus estimate of $209.96 million. Mercury Systems had a positive return on equity of 1.28% and a negative net margin of 3.23%.The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.07 EPS.

A number of other analysts have also recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and set a $85.00 price objective on shares of Mercury Systems in a research report on Sunday, February 8th. Truist Financial raised their price target on shares of Mercury Systems from $102.00 to $109.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. The Goldman Sachs Group boosted their price objective on shares of Mercury Systems from $49.00 to $55.00 and gave the company a “sell” rating in a research report on Tuesday, January 20th. Canaccord Genuity Group set a $102.00 target price on shares of Mercury Systems in a research report on Wednesday, February 4th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $105.00 price target on shares of Mercury Systems in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Mercury Systems presently has a consensus rating of “Hold” and an average price target of $86.89.

Mercury Systems Stock Performance

NASDAQ MRCY opened at $89.58 on Friday. The company has a quick ratio of 2.04, a current ratio of 2.96 and a debt-to-equity ratio of 0.41. Mercury Systems has a fifty-two week low of $39.89 and a fifty-two week high of $103.84. The business has a fifty day moving average of $87.28 and a 200-day moving average of $77.73. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of -169.02, a price-to-earnings-growth ratio of 7.40 and a beta of 0.75.

Insider Buying and Selling

In other Mercury Systems news, CAO Douglas Munro sold 582 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $83.56, for a total transaction of $48,631.92. Following the sale, the chief accounting officer owned 14,328 shares in the company, valued at approximately $1,197,247.68. The trade was a 3.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jana Partners Management, Lp sold 400,000 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $81.00, for a total transaction of $32,400,000.00. Following the sale, the director directly owned 4,566,675 shares of the company’s stock, valued at $369,900,675. This represents a 8.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 402,869 shares of company stock valued at $32,639,734. 1.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Mercury Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Mercury Systems by 1.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,542,851 shares of the technology company’s stock valued at $112,644,000 after purchasing an additional 21,182 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Mercury Systems by 25.1% during the fourth quarter. Invesco Ltd. now owns 1,910,742 shares of the technology company’s stock valued at $139,503,000 after buying an additional 383,299 shares in the last quarter. Corient Private Wealth LLC raised its position in Mercury Systems by 171.5% during the fourth quarter. Corient Private Wealth LLC now owns 15,622 shares of the technology company’s stock valued at $1,145,000 after buying an additional 9,867 shares during the period. Vident Advisory LLC raised its position in Mercury Systems by 2.9% during the fourth quarter. Vident Advisory LLC now owns 121,888 shares of the technology company’s stock valued at $8,899,000 after buying an additional 3,382 shares during the period. Finally, XTX Topco Ltd purchased a new stake in Mercury Systems in the 4th quarter worth about $889,000. 95.99% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Mercury Systems

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

• Negative Sentiment: Zacks cut its Q1 2028 EPS to $0.16 from $0.19 (reduced near‑term quarter outlook). Read More.
• Negative Sentiment: Zacks lowered Q4 2027 EPS to $0.25 from $0.33 (weaker late‑2027 quarterly outlook). Read More.
• Negative Sentiment: Zacks trimmed Q3 2027 EPS to $0.08 from $0.13 (downgrade for mid‑2027). Read More.
• Negative Sentiment: Zacks cut Q2 2027 EPS to $0.02 from $0.05 (smaller profit expected in early‑to‑mid 2027). Read More.
• Negative Sentiment: Zacks lowered Q1 2027 EPS to $0.01 from $0.06 (notable downgrade for the first quarter). Read More.
• Negative Sentiment: Zacks cut Q4 2026 EPS to $0.20 from $0.24 (reduced end‑of‑year expectations for 2026). Read More.
• Negative Sentiment: Zacks slashed Q3 2026 to ($0.08) from $0.02 (turns a small expected profit into an expected loss for that quarter). Read More.
• Negative Sentiment: Zacks downgraded FY2026 EPS to $0.11 from $0.23 and FY2027 to $0.37 from $0.57 (material downward revisions to multi‑year guidance). Read More.
• Negative Sentiment: Zacks trimmed FY2028 EPS to $1.02 from $1.09 (positive long‑term growth view remains but was reduced). Read More.

About Mercury Systems

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.