Mercury Systems (NASDAQ:MRCY) Stock Gets Price Target Reduction from Royal Bank Of Canada

Posted by Francis Steltz on Oct 31st, 2026

Mercury Systems (NASDAQ:MRCY – Free Report) had its target price cut by Royal Bank Of Canada from $120.00 to $105.00 in a report issued on Wednesday morning,Benzinga reports. They currently have an outperform rating on the technology company’s stock.

Other analysts also recently issued research reports about the company. Jefferies Financial Group restated a “hold” rating and issued a $115.00 price target on shares of Mercury Systems in a research note on Friday, July 10th. Robert W. Baird boosted their target price on Mercury Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Wednesday, August 19th. Zacks Research cut shares of Mercury Systems from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Oppenheimer began coverage on shares of Mercury Systems in a research report on Thursday, October 22nd. They set an “outperform” rating and a $90.00 price target for the company. Finally, JPMorgan Chase & Co. upped their price target on Mercury Systems from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Monday, July 13th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $107.18.

Get Our Latest Stock Report on MRCY

Mercury Systems Stock Performance

Shares of MRCY opened at $77.54 on Wednesday. Mercury Systems has a 12-month low of $65.04 and a 12-month high of $128.45. The company has a current ratio of 2.96, a quick ratio of 1.85 and a debt-to-equity ratio of 0.29. The company has a market cap of $4.72 billion, a PE ratio of -155.08 and a beta of 0.97. The stock has a 50-day moving average price of $81.97 and a 200-day moving average price of $91.83.

Mercury Systems (NASDAQ:MRCY – Get Free Report) last announced its earnings results on Tuesday, August 18th. The technology company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.01). Mercury Systems had a negative net margin of 3.02% and a positive return on equity of 1.29%. The company had revenue of $289.78 million for the quarter, compared to the consensus estimate of $266.09 million. During the same quarter in the previous year, the firm earned $0.47 earnings per share. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. As a group, equities analysts forecast that Mercury Systems will post 0.91 earnings per share for the current fiscal year.

Insider Transactions at Mercury Systems

In other news, EVP David Farnsworth sold 8,155 shares of Mercury Systems stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $100.31, for a total transaction of $818,028.05. Following the sale, the executive vice president owned 124,579 shares in the company, valued at $12,496,519.49. This trade represents a 6.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO William Ballhaus sold 111,076 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $87.12, for a total value of $9,676,941.12. Following the transaction, the chief executive officer owned 342,436 shares of the company’s stock, valued at $29,833,024.32. This represents a 24.49% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 452,186 shares of company stock valued at $41,933,170. Corporate insiders own 0.99% of the company’s stock.

Institutional Investors Weigh In On Mercury Systems

Several hedge funds and other institutional investors have recently made changes to their positions in MRCY. Integrity Alliance LLC. purchased a new stake in Mercury Systems during the third quarter worth about $465,000. Oregon Public Employees Retirement Fund increased its holdings in Mercury Systems by 5.0% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 12,558 shares of the technology company’s stock worth $1,042,000 after purchasing an additional 600 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Mercury Systems in the 3rd quarter valued at about $148,000. Verdence Capital Advisors LLC raised its position in Mercury Systems by 4.7% in the 3rd quarter. Verdence Capital Advisors LLC now owns 3,169 shares of the technology company’s stock valued at $263,000 after purchasing an additional 143 shares in the last quarter. Finally, Signaturefd LLC grew its holdings in Mercury Systems by 66.8% during the 3rd quarter. Signaturefd LLC now owns 1,306 shares of the technology company’s stock worth $108,000 after acquiring an additional 523 shares in the last quarter. Hedge funds and other institutional investors own 95.99% of the company’s stock.

About Mercury Systems

(Get Free Report)

Mercury Systems, Inc is an aerospace and defense technology company that develops and manufactures mission-critical computing and electronic systems. Its products are designed for use in aircraft, unmanned systems, naval vessels, ground vehicles, radar platforms and other defense applications.

The company provides embedded computing solutions, including high-performance processors, ruggedized computers, secure servers, data-storage systems and software. Its portfolio also includes radio-frequency and microwave components, electronic warfare systems, signal processing technologies and systems used for radar, communications, avionics and intelligence, surveillance and reconnaissance missions.

Founded in 1981 and headquartered in Andover, Massachusetts, Mercury Systems primarily serves the U.S.