Merlin, Inc. (MRLN)
| Market Cap | 400.57M +15.0% |
| Revenue (ttm) | 7.69M +666.2% |
| Net Income | -499.60M |
| EPS | -89.53 |
| Shares Out | 96.52M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 891,778 |
| Open | 4.230 |
| Previous Close | 4.240 |
| Day's Range | 4.043 - 4.330 |
| 52-Week Range | 3.270 - 17.000 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 9.75 (+134.94%) |
| 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 $9.75, which is an increase of 134.94% from the latest price.
News
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.
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 ...
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…
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 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…
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 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…
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.
Merlin Earnings release: Q1 2026
Merlin released its Q1 2026 earnings on May 14, 2026, summarizing the period's financial results.
Merlin Slides: Q1 2026
Merlin has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 14, 2026.
Merlin Quarterly report: Q1 2026
Merlin has published its Q1 2026 quarterly earnings report on May 14, 2026.
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 ...
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...
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
Merlin Registration statement: Registration filing
Merlin filed a registration statement on May 6, 2026, providing details about a securities offering with the SEC.
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...
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.
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 ...