Merlin, Inc. (MRLN)

NASDAQ: MRLN · Real-Time Price · USD
6.61
-0.45 (-6.37%)
At close: May 15, 2026, 4:00 PM EDT
6.77
+0.16 (2.42%)
After-hours: May 15, 2026, 7:57 PM EDT
Market Cap855.34M +152.1%
Revenue (ttm)7.55M +514.4%
Net Income-420.50M
EPS-80.68
Shares Out 129.40M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,683,541
Open6.98
Previous Close7.06
Day's Range6.36 - 7.03
52-Week Range5.88 - 17.00
Betan/a
AnalystsStrong Buy
Price Target25.00 (+278.22%)
Earnings DateMay 15, 2026

About MRLN

Merlin, Inc. 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 and natural language processing. The company ... [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 one analyst, the rating for MRLN stock is "Strong Buy" and the 12-month stock price target is $25.0.

Price Target
$25.0
(278.22% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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…

2 days ago - TheFly

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 ...

2 days 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...

2 days ago - GlobeNewsWire

Largest borrow rate increases among liquid names

Latest data shows the largest indicative borrow rate increases among liquid option names include: Immutep Ltd (IMMP) 117.72% +5.51, Merlin Inc (MRLN) 86.35% +3.04, T-REX 2X Long BMNR Daily Target…

8 days ago - TheFly

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

9 days ago - GlobeNewsWire

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...

17 days 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.

23 days ago - GlobeNewsWire

Largest borrow rate increases among liquid names

Latest data shows the largest indicative borrow rate increases among liquid option names include: Merlin Inc (MRLN) 74.29% +4.84, Defiance Daily Target 2X Long RGTI ETF (RGTX) 28.23% +1.78, Churchill…

Other symbols: ALMAMZUINFQSPIR
4 weeks ago - TheFly

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...

4 weeks 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…

4 weeks ago - TheFly

Largest borrow rate increases among liquid names

Latest data shows the largest indicative borrow rate increases among liquid option names include: VisionWave Holdings Inc (VWAV) 74.93% +7.23, Merlin Inc (MRLN) 76.60% +2.56, Quince Therapeutics (QNCX...

Other symbols: ALTOINDAQNCXRUMVWAVWRD
4 weeks 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 ...

4 weeks ago - GlobeNewsWire

Largest borrow rate increases among liquid names

Latest data shows the largest indicative borrow rate increases among liquid option names include: Merlin Inc (MRLN) 71.83% +3.66, Defiance 1.75x MSTR ETF (MSTX) 28.50% +1.20, Lucid Group (LCID) 26.37%...

4 weeks ago - TheFly

Merlin initiated with a Buy at Roth Capital

Roth Capital analyst Suji Desilva initiated coverage of Merlin (MRLN) with a Buy rating and $15 price target The company has developed an AI-enabled autonomous pilot software and hardware platform…

4 weeks ago - TheFly

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...

4 weeks ago - GlobeNewsWire

Two new option listings on April 8th

New option listings for April 8th include Presidio Production Co (FTW) and Merlin Inc (MRLN).

5 weeks ago - TheFly

Merlin appoints Michael Baker as CMO

Merlin (MRLN) announced the appointment of Michael Baker as Chief Marketing Officer. At Merlin, he will lead all brand and marketing initiatives as the company scales Merlin Pilot across defense…

6 weeks ago - TheFly

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...

6 weeks 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.

2 months ago - GlobeNewsWire

Marlin Completes Acquisition by Funds Managed by Affiliates of HPS Investment Partners LLC

MOUNT LAUREL, N.J., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Marlin Business Services Corp., a nationwide provider of capital solutions to small businesses (“Marlin” or the “Company”), announced today the co...

4 years ago - GlobeNewsWire

Marlin Provides Update on Proposed Acquisition by Funds Managed by HPS Investment Partners LLC

MOUNT LAUREL, N.J., Jan. 12, 2022 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (NASDAQ: MRLN), a nationwide provider of capital solutions to small businesses (“Marlin” or the “Company”), announc...

4 years ago - GlobeNewsWire

Marlin Reports Third Quarter 2021 Results and Declares a Cash Dividend of $0.14 Per Share

Provides Update on Proposed Acquisition by Funds Managed by HPS Investment Partners LLC

4 years ago - GlobeNewsWire

Marlin Reports Second Quarter 2021 Results and Declares a Cash Dividend of $0.14 Per Share

Provides Update on Proposed Acquisition by Funds Managed by HPS Investment Partners LLC Provides Update on Proposed Acquisition by Funds Managed by HPS Investment Partners LLC

5 years ago - GlobeNewsWire

Marlin Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Marlin Business Services Corp. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – MRLN

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Marlin Business Services Corp. (NASDAQ: MRLN) to HPS Investment Partners LLC for $2...

5 years ago - Business Wire