$MRCY

Oppenheimer initiated coverage on Mercury Systems (MRCY) with an Outperform rating and $90 price target, citing strategic repositioning and strong financials. MRCY reported FY2026 revenue of $984M, up 7.9%, and adjusted EBITDA growth of 26%. Analysts predict profitability and upward earnings revisions. Recent Q4 revenue beat estimates, but EPS missed; record backlog reached $1.945B. Multiple analysts raised price targets.

Mercury Systems (MRCY) fell 0.5% in pre-market trading due to a below-consensus analyst initiation and an insider sale notice. Oppenheimer set a $90 price target, lower than the consensus of $110. The stock has dropped 9% in the past month, with a 52-week range of $65.04 to $128.45. The broader market also declined, with the NASDAQ down 1.6%. Despite a strong backlog of $1.9 billion, the stock remains sensitive to negative signals.

Mercury Systems (MRCY) will release Q1 FY2027 results on Nov. 10, 2026, after market close. A conference call and webcast at 5 p.m. ET will discuss results, business highlights, and outlook. Registration is required. A replay will be available. MRCY is a global leader in aerospace and defense electronics.

Mercury Systems (MRCY) expanded its Phoenix plant by 50,000 sq. ft. to boost capacity and add over 50 jobs, supporting defense program deliveries. The move aligns with record FY26 bookings and backlog, according to the company.

Mercury Systems Inc. (NASDAQ: MRCY) launched RES One, a rugged edge server platform for aerospace and defense. The modular design allows for upgrades of CPUs, accelerators, and security modules. The company claims shorter lead times than industry standards.

Palantir (PLTR) and Mercury Systems (MRCY) announced a partnership to automate U.S. defense manufacturing, using Palantir's Foundry platform. PLTR stock rose 2% and MRCY stock gained 6% on the news. Palantir is set to report Q2 earnings, with EPS expected at $0.35 on revenue of $1.8B. PLTR is down 30% YTD, while MRCY is up 30% YTD.

MERCURY SYSTEMS INC (MRCY) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Mercury Systems Announces Extension of Employment Contract with Chairman and CEO Bill Ballhaus and Reaffirms Prior Guidance ANDOVER, Mass. – September 16, 2026 – Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a global leader in aerospace and defense electronics, today announ

Ratner Steven (EVP, CHRO) sold 4,000 shares of MERCURY SYSTEMS INC (MRCY) at $84.51 ($0.34M total) on 2026-09-03.

Mercury Systems (MRCY) CEO William L. Ballhaus sold 48,812 shares at $99.12 each on Aug. 19-20, 2026, to cover tax withholding. Post-sale, he holds ~228,000 shares. MRCY's stock is up 46% in one year, with a $5.7B market cap and $983.6M TTM revenue. The company faces margin pressure but benefits from strong defense sector demand.

Mercury Systems (MRCY) reported a 7.8% revenue increase to $983.62M and a net loss of $29.67M for the year. Bookings nearly doubled, backlog rose to $1.90B, and it raised its long-term growth target. The company also partnered with Palantir on AI-focused factory operations. Analysts project $1.2B revenue and $122.3M earnings by 2029, a 17% upside from current prices.