Merlin, Inc. (MRLN)

NASDAQ: MRLN · Real-Time Price · USD
4.950
-0.330 (-6.25%)
Jun 26, 2026, 12:08 PM EDT - Market open
Market Cap477.79M +38.2%
Revenue (ttm)7.69M +666.2%
Net Income-499.60M
EPS-89.53
Shares Out 96.52M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,891,549
Open5.050
Previous Close5.280
Day's Range4.810 - 5.160
52-Week Range4.820 - 17.000
Betan/a
AnalystsStrong Buy
Price Target13.00 (+162.63%)
Earnings DateMay 15, 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]

Founded 2018
Employees 125
Stock Exchange NASDAQ
Ticker Symbol MRLN
Full Company Profile

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 Statements

Analyst Summary

According to 2 analysts, the average rating for MRLN stock is "Strong Buy." The 12-month stock price target is $13.0, which is an increase of 162.63% from the latest price.

Price Target
$13.0
(162.63% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Merlin management to meet with Maxim

Meeting to be held on June 25-39 hosted by Maxim.

23 hours ago - TheFly

Roth Capital says C-130J critical design review validation of Merlin technology

Roth Capital noted Merlin (MRLN) completed its critical design review for the C-130J aircraft program with USSOCOM ahead of the firm’s expectation. Roth told investors it regards achieving successful ...

20 days ago - TheFly

Merlin completes critical design review for military autonomy program

Merlin (MRLN) announced the successful completion of the critical design review for its C-130J autonomy program with the U.S. Special Operations Command. The program is part of a previously awarded…

21 days ago - TheFly

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...

21 days ago - GlobeNewsWire

Merlin initiated with a Buy at TD Cowen

TD Cowen initiated coverage of Merlin (MRLN) with a Buy rating and $11 price target Merlin is a flight autonomy provider with contracts to develop autonomy software for the military’s…

23 days ago - TheFly

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

24 days ago - GlobeNewsWire

Merlin Slides: Investor presentation

Merlin has posted slides in relation to its latest quarterly earnings report, which was published on May 18, 2026.

5 weeks ago - Filings

Merlin price target lowered to $15 from $25 at Roth Capital

Roth Capital analyst Suji Desilva lowered the firm’s price target on Merlin (MRLN) to $15 from $25 and keeps a Buy rating on the shares. The company reported its first…

6 weeks ago - TheFly

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.

6 weeks ago - Transcripts

Merlin Earnings release: Q1 2026

Merlin released its Q1 2026 earnings on May 14, 2026, summarizing the period's financial results.

6 weeks ago - Filings

Merlin Slides: Q1 2026

Merlin has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 14, 2026.

6 weeks ago - Filings

Merlin Quarterly report: Q1 2026

Merlin has published its Q1 2026 quarterly earnings report on May 14, 2026.

6 weeks ago - Filings

Merlin Unveils Plans for AI-Powered Autonomy for Commercial Cargo Aircraft

BOSTON, May 14, 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 ...

6 weeks ago - GlobeNewsWire

Merlin, Inc. Reports First Quarter 2026 Results

BOSTON, May 14, 2026 (GLOBE NEWSWIRE) -- Merlin, Inc. (Nasdaq: MRLN), an aerospace and defense technology company building the operating system of record for autonomous flight, today announced operati...

6 weeks ago - GlobeNewsWire

Merlin, Inc. to Report First Quarter 2026 Results on May 14, 2026

Presentation and live Q&A to be held pre-market on Thursday, May 14, 2026 Presentation and live Q&A to be held pre-market on Thursday, May 14, 2026

7 weeks ago - GlobeNewsWire

Merlin Registration statement: Registration filing

Merlin filed a registration statement on May 6, 2026, providing details about a securities offering with the SEC.

7 weeks ago - Filings

Merlin, Inc. Announces $80 Million PIPE Investment to Accelerate Program Execution and Unlock New Growth Opportunities

BOSTON, April 29, 2026 (GLOBE NEWSWIRE) -- Merlin, Inc. (Nasdaq: MRLN) ("Merlin" or the "Company"), a leading developer of assured, autonomous flight technology, today announced that it has entered in...

2 months ago - GlobeNewsWire

Merlin and Remah International Group Announce Exclusive Teaming Agreement to Scope Autonomy Opportunities in the UAE

Merlin announced a teaming agreement with Remah International Group (RIG) that introduces Merlin's autonomy capabilities to the United Arab Emirates.

2 months ago - GlobeNewsWire

Merlin announces composition of board of directors

Merlin (MRLN) announced the composition of its Board of Directors following the closing of Merlin Labs, Inc.’s business combination with Inflection Point Acquisition Corp. IV and the commencement of t...

2 months ago - TheFly

Merlin price target raised to $25 from $15 at Roth Capital

Roth Capital raised the firm’s price target on Merlin (MRLN) to $25 from $15 and keeps a Buy rating on the shares. Most revenue to-date is coming from large US…

2 months ago - TheFly

Merlin Names Board of Directors Including Former Secretary of the Navy, Amazon's First Chief Accounting Officer, and Former Blue Origin CEO

Newly public aerospace and defense technology company assembles board combining deep defense leadership, public company governance expertise, and aerospace technical excellence Newly public aerospace ...

2 months ago - GlobeNewsWire

Merlin Registration statement: Registration filing

Merlin filed a registration statement on April 15, 2026, providing details about a securities offering with the SEC.

2 months ago - Filings

Merlin Further Expands Executive Team Appointing Mark Brunner as Chief Revenue Officer

Defense tech industry leader joins newly public company to help drive revenue growth and deepen customer relationships across defense and civil aviation Defense tech industry leader joins newly public...

2 months ago - GlobeNewsWire

Merlin Expands Executive Team Appointing Michael Baker as Chief Marketing Officer

Veteran marketing executive joins newly public company to lead brand strategy and amplify the importance of AI-powered autonomy across defense and civil aviation Veteran marketing executive joins newl...

3 months ago - GlobeNewsWire

Merlin and Inflection Point Acquisition Corp. IV Announce Closing of Business Combination

Merlin, an aerospace and defense technology company, today announced the closing of its business combination with Inflection Point Acquisition Corp. IV.

3 months ago - GlobeNewsWire