Mercury Systems, Inc. (MRCY) - Stock Analysis

Last updated: Jul 26, 2026

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Mercury Systems (MRCY) offers strong near-term momentum with 10.2% revenue growth, record backlog, cash flow improvement, a $200M share buyback authorization, and a 17% price rally over the last month, supported by defense spending dynamics despite governance risks, making it a compelling hot idea ahead of upcoming earnings.

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Idea window: 2/4/2026 – 2/11/2026Sector: Industrials

AI Analyst Overview

Last Price
$99.38
Market Cap
$5.52B
1D Return
-4.26%
YTD Return
+36.12%

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Valuation Metrics

P/E
-387.3
P/B
3.7
P/S
5.7
EV/EBITDA
67.2
Div Yield
—

Price Behavior

4.0

Key Price Behavior Insights: • Lower highs • Support held • Near-term resistance Support Level: $94.73 Resistance Level: $106.34-$107.98 MRCY's last month action shows a sharp rally-and-pullback with weakening momentum, but the $94.73 support held and a reclaim of $106.34-$107.98 would keep the move in consolidation.

weakness
consolidation

Sentiment & News

6.0

Key News Insights: • Analyst Support • Defense Tailwinds • Insider Concerns Mercury Systems has constructive analyst and defense-sector support, but recent volatility and an insider-duty lawsuit headline keep the near-term outlook mixed.

AnalystSupport
GovernanceRisk
AI

AI Summary

6.0
Neutral

MRCY has shifted from a simple defense-cycle trade to an execution test: record bookings and a $1.6B backlog support the upside, but the stock now depends on proving sustained margin expansion and positive free cash flow before the market rerates it again.

ExecutionRisk
Backlog
CashFlow
AI summary updated 2 days ago

Description

Mercury Systems, Inc. designs and manufactures electronic components, modules and integrated subsystems for aerospace and defense customers in the United States, Europe and the Asia Pacific. Its hardware and software solutions—used across roughly 300 programs with about 25 defense contractors and commercial aviation customers—include RF and microwave components, embedded processing and I/O boards, storage and conversion devices, and mission-specific subsystems for communications, electronic warfare, radar testing and unmanned systems. Founded in 1981 and headquartered in Andover, Massachusetts, the company changed its name from Mercury Computer Systems in 2012.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Feb 4Feb 11MRCYMercury Systems, Inc.
Mercury Systems (MRCY) offers strong near-term momentum with 10.2% revenue growth, record backlog, cash flow improvement, a $200M share buyback authorization, and a 17% price rally over the last month, supported by defense spending dynamics despite governance risks, making it a compelling hot idea ahead of upcoming earnings.
Closed+4.2%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.