Merlin, Inc. (MRLN)
| Market Cap | 184.95M -47.1% |
| Revenue (ttm) | 6.77M +450.9% |
| Net Income | -610.80M |
| EPS | -57.13 |
| Shares Out | 101.07M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,196,860 |
| Open | 1.870 |
| Previous Close | 1.860 |
| Day's Range | 1.740 - 1.880 |
| 52-Week Range | 1.745 - 17.000 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 9.25 (+405.46%) |
| Earnings Date | Aug 13, 2026 |
About MRLN
Merlin, Inc., an aerospace and defense technology company, develops AI-powered autonomous flight software and systems for aircraft in the United States and New Zealand. The company provides an aircraft-agnostic, AI-powered software platform that enables autonomous flight for both legacy and next-generation airborne systems. Its main product, the Merlin Pilot, is an integrated hardware and software solution that manages navigation, communication with air traffic control, obstacle avoidance, and real-time decision-making using sensor technologies... [Read more]
Financial Performance
In 2025, Merlin's revenue was $7.55 million, an increase of 514.40% compared to the previous year's $1.23 million. Losses were -$420.50 million, 661.0% more than in 2024.
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for MRLN stock is "Strong Buy." The 12-month stock price target is $9.25, which is an increase of 405.46% from the latest price.
News
Merlin initiated with a Buy at Maxim
Maxim analyst Matthew Galinko initiated coverage of Merlin (MRLN) with a Buy rating and $7 price target
Merlin management to meet virtually with Northland
Virtual Meeting to be held on September 24 at 9 am hosted by Northland.
Merlin Demonstrates Autonomous Flight Capabilities at Texas Department of Transportation Project NEXUS eIPP Kickoff Event
Merlin showcased how autonomy can support safer, more efficient aviation operations Merlin showcased how autonomy can support safer, more efficient aviation operations
Merlin to pursue civil certification strategy for large aircraft
Merlin (MRLN) announced plans to pursue a civil certification strategy that sets it on a path to bring autonomy to large aircraft. Merlin intends to implement a phased approach offering…
Merlin Announces Plans to Pursue a Civil Certification Strategy for Large Aircraft
BOSTON, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Merlin, Inc. (NASDAQ: MRLN), a U.S. aerospace and defense technology company building the operating system of record for autonomous flight, today announced p...
Merlin receives New Zealand Part 146 Aircraft Design Organization certificate
Merlin (MRLN) announced it has received a Part 146 Aircraft Design Organization certificate from the Civil Aviation Authority of New Zealand, or CAANZ. Merlin’s own engineers holding delegation author...
Merlin Designated a New Zealand Part 146 Aircraft Design Organization, Advancing Its Path to Commercial Operations
BOSTON, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Merlin, Inc. (NASDAQ: MRLN), an aerospace and defense technology company building the operating system of record for autonomous flight, today announced it has...
Merlin reports Q2 EPS ($1.40), consensus (24c)
Reports Q2 revenue $2.19M, consensus $3.77M. “Each of these milestones tackles an independent challenge across commercial, technology, and certification, and that diversity is what makes them so impor...
Merlin price target lowered to $9 from $11 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on Merlin (MRLN) to $9 from $11 and keeps an Overweight rating on the shares. Merlin continues to advance toward certifiable aircraft autonomy,…
Merlin Earnings Call Transcript: Q2 2026
Q2 2026 saw strong cash reserves, no debt, and key milestones in defense and civil aviation, including CDR completion for the C-130J and SOI 3 certification. Revenue rose to $2.2M, with a net loss of $58.4M, and guidance anticipates $4–6M in H2 2026 revenue.
Merlin Slides: Q2 2026
Merlin has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 13, 2026.
Merlin Earnings release: Q2 2026
Merlin released its Q2 2026 earnings on August 13, 2026, summarizing the period's financial results.
Merlin Quarterly report: Q2 2026
Merlin has published its Q2 2026 quarterly earnings report on August 13, 2026.
Merlin, Inc. Reports Second Quarter 2026 Results
BOSTON, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Merlin, Inc. (Nasdaq: MRLN), an aerospace and defense technology company building the operating system of record for autonomous flight, today announced operat...
Merlin price target lowered to $10 from $15 at Roth Capital
Roth Capital analyst Suji Desilva lowered the firm’s price target on Merlin (MRLN) to $10 from $15 and keeps a Buy rating on the shares. The company’s strategic partnership with…
Merlin to Report Second Quarter 2026 Results on August 13, 2026
Presentation and live Q&A to be held after market close on Thursday, August 13, 2026 Presentation and live Q&A to be held after market close on Thursday, August 13, 2026
Merlin initiated with an Outperform at Northland
Northland analyst Michael Latimore initiated coverage of Merlin (MRLN) with an Outperform rating and $10 price target Merlin is developing the first AI pilot capable of reducing crew count and…
Merlin Completes Autonomous Landing at EAA AirVenture Oshkosh
OSHKOSH, Wis., July 20, 2026 (GLOBE NEWSWIRE) -- Merlin, Inc. (NASDAQ: MRLN), an aerospace and defense technology company building the operating system of record for autonomous flight, today announced...
Merlin price target lowered to $8 from $11 at TD Cowen
TD Cowen lowered the firm’s price target on Merlin (MRLN) to $8 from $11 and keeps a Buy rating on the shares. The firm adjusted targets in the aerospace and…
Merlin initiated with an Overweight at Cantor Fitzgerald
Cantor Fitzgerald initiated coverage of Merlin (MRLN) with an Overweight rating and $11 price target Merlin is positioned for growth as a developer of AI-powered autonomous flight systems, benefiting ...
Merlin management to meet with Maxim
Meeting to be held on June 25-39 hosted by Maxim.
Merlin Successfully Completes Critical Design Review for C-130J Autonomy Program with USSOCOM
CDR approval marks the completion of the final design configuration for the C-130J, advancing the program to the aircraft integration phase CDR approval marks the completion of the final design config...
Merlin, Inc. To Participate in Upcoming Investor Conferences
Company management to present at and/or attend 1x1 investor meetings at three conferences in June Company management to present at and/or attend 1x1 investor meetings at three conferences in June
Merlin Slides: Investor presentation
Merlin has posted slides in relation to its latest quarterly earnings report, which was published on May 18, 2026.
Merlin Earnings Call Transcript: Q1 2026
First quarter as a public company saw revenue growth, major technical milestones, and a strong cash position after new financing. Product launch of Condor targets both civil and defense markets, with certification and commercial partnerships as key focus areas.