Mercury Systems, Inc. (MRCY)
NASDAQ: MRCY · IEX Real-Time Price · USD
33.39
+1.03 (3.18%)
At close: Jul 19, 2024, 4:00 PM
33.31
-0.08 (-0.24%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

Mercury Systems Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Mercury Systems stock have an average target of 26.86, with a low estimate of 21 and a high estimate of 30. The average target predicts a decrease of -19.56% from the current stock price of 33.39.

Analyst Consensus: Sell
Target Low Average Median High
Price $21 $26.86 $26 $30
Change -37.11% -19.56% -22.13% -10.15%
* Price targets were last updated on May 24, 2024.

Analyst Ratings

The average analyst rating for MRCY stock from 7 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 000000
Buy 111110
Hold 444444
Sell 222222
Strong Sell 111111
Total 888887

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Hold
Maintains
$24$26
Hold Maintains $24$26 -22.13% May 24, 2024
Truist Securities
Truist Securities
Hold
Maintains
$28$26
Hold Maintains $28$26 -22.13% May 8, 2024
Goldman Sachs
Goldman Sachs
Strong Sell
Maintains
$24$21
Strong Sell Maintains $24$21 -37.11% Feb 8, 2024
RBC Capital
RBC Capital
Hold
Maintains
$35$30
Hold Maintains $35$30 -10.15% Feb 7, 2024
Truist Securities
Truist Securities
Hold
Downgrades
$28
Hold Downgrades $28 -16.14% Feb 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
835.10M
from 973.88M
Decreased by -14.25%
Revenue Next Year
891.52M
from 835.10M
Increased by 6.76%
EPS This Year
-0.97
from -0.50
EPS Next Year
0.40
from -0.97
Year 201920202021202220232024202520262027
Revenue
654.74M796.61M924.00M988.20M973.88M835.10M891.52M1.01B1.06B
Revenue Growth
32.76%21.67%15.99%6.95%-1.45%-14.25%6.76%12.95%5.16%
EPS
0.961.561.120.20-0.50-0.970.401.081.63
EPS Growth
11.63%62.50%-28.21%-82.14%---172.57%50.94%
Forward PE
------84.1830.8820.46
No. Analysts -----121263
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 873.7M 963.9M 1.2B 1.1B
Avg 835.1M 891.5M 1.0B 1.1B
Low 785.4M 819.2M 920.5M 1.0B

Revenue Growth

Revenue Growth 2024202520262027
High
-10.3%
15.4%
29.1%
8.2%
Avg
-14.3%
6.8%
13.0%
5.2%
Low
-19.4%
-1.9%
3.3%
1.1%

EPS Forecast

EPS 2024202520262027
High -0.86 1.10 1.24 1.68
Avg -0.97 0.40 1.08 1.63
Low -1.13 -0.55 0.98 1.57

EPS Growth

EPS Growth 2024202520262027
High - -
212.4%
55.4%
Avg - -
172.6%
50.9%
Low - -
147.1%
45.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.