Mercury Systems Q3 EPS Forecast Reduced by Zacks Research

Mercury Systems Inc (NASDAQ:MRCY) – Research analysts at Zacks Research reduced their Q3 2026 EPS estimates for shares of Mercury Systems in a report issued on Tuesday, February 24th. Zacks Research analyst Team now forecasts that the technology company will earn ($0.08) per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for Mercury Systems’ current full-year earnings is ($0.08) per share. Zacks Research also issued estimates for Mercury Systems’ Q4 2026 earnings at $0.20 EPS, FY2026 earnings at $0.11 EPS, Q1 2027 earnings at $0.01 EPS, Q2 2027 earnings at $0.02 EPS, Q3 2027 earnings at $0.08 EPS, Q4 2027 earnings at $0.25 EPS, FY2027 earnings at $0.37 EPS, Q1 2028 earnings at $0.16 EPS and FY2028 earnings at $1.02 EPS.

Several other equities research analysts also recently weighed in on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $105.00 target price on shares of Mercury Systems in a research report on Wednesday, February 4th. Raymond James Financial reissued a “strong-buy” rating and set a $100.00 price target on shares of Mercury Systems in a research report on Wednesday, November 5th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $85.00 price objective on shares of Mercury Systems in a research report on Sunday, February 8th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Mercury Systems in a research note on Thursday, January 22nd. Finally, The Goldman Sachs Group upped their target price on shares of Mercury Systems from $49.00 to $55.00 and gave the company a “sell” rating in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Mercury Systems presently has an average rating of “Hold” and an average price target of $86.89.

Mercury Systems Stock Down 0.6%

Shares of NASDAQ MRCY opened at $89.03 on Friday. The stock has a fifty day moving average price of $87.67 and a 200 day moving average price of $78.05. The company has a current ratio of 2.96, a quick ratio of 2.04 and a debt-to-equity ratio of 0.41. Mercury Systems has a 12-month low of $39.89 and a 12-month high of $103.84. The company has a market cap of $5.34 billion, a P/E ratio of -167.98, a P/E/G ratio of 8.62 and a beta of 0.75.

Mercury Systems (NASDAQ:MRCY) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.09. The company had revenue of $232.87 million during the quarter, compared to analyst estimates of $209.96 million. Mercury Systems had a negative net margin of 3.23% and a positive return on equity of 1.28%. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.07 earnings per share.

Insiders Place Their Bets

In related news, Director Jana Partners Management, Lp sold 400,000 shares of Mercury Systems stock in a transaction on Monday, February 9th. The shares were sold at an average price of $81.00, for a total value of $32,400,000.00. Following the completion of the sale, the director owned 4,566,675 shares in the company, valued at approximately $369,900,675. The trade was a 8.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Stuart Kupinsky sold 2,287 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $83.56, for a total transaction of $191,101.72. Following the completion of the sale, the executive vice president directly owned 68,010 shares in the company, valued at $5,682,915.60. This represents a 3.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 407,701 shares of company stock valued at $33,069,685. Company insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Mercury Systems

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Salomon & Ludwin LLC bought a new position in shares of Mercury Systems during the third quarter worth about $32,000. Osaic Holdings Inc. increased its holdings in Mercury Systems by 53.2% in the second quarter. Osaic Holdings Inc. now owns 599 shares of the technology company’s stock valued at $32,000 after buying an additional 208 shares during the last quarter. Quaker Wealth Management LLC raised its stake in Mercury Systems by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 644 shares of the technology company’s stock valued at $35,000 after buying an additional 1,288 shares in the last quarter. Leonteq Securities AG bought a new position in Mercury Systems during the 4th quarter worth approximately $35,000. Finally, Hollencrest Capital Management acquired a new position in shares of Mercury Systems in the 4th quarter worth approximately $37,000. Institutional investors own 95.99% of the company’s stock.

Key Mercury Systems News

Here are the key news stories impacting Mercury Systems this week:

• Negative Sentiment: Director sale: Howard L. Lance sold 4,832 MRCY shares at an average $88.98 on Feb 25 (≈$430k); his ownership fell ~15%. Insider sales can be viewed negatively by the market as a signal (or simply as diversification/liquidity by the insider), and the timing/size may amplify downward pressure on sentiment. SEC Form 4
• Negative Sentiment: Zacks Research cuts: Zacks lowered multiple quarterly and annual EPS forecasts across FY2026–FY2028 (notable trims: FY2026 from $0.23 to $0.11, FY2027 from $0.57 to $0.37, FY2028 from $1.09 to $1.02; several quarterly cuts including Q3 2026 from $0.02 to ($0.08)). The consensus full‑year figure remains negative at ($0.08). These broad downward revisions reduce near‑term earnings visibility and may prompt investors to re‑price expectations and multiple compression. MarketBeat MRCY

About Mercury Systems

Mercury Systems, Inc (NASDAQ: MRCY) is a technology company that designs, manufactures and markets secure processing subsystems for aerospace and defense applications. The company’s products are built to address the stringent security, safety and reliability requirements of mission-critical programs, with a focus on radar, electronic warfare, intelligence and other sensor and processing functions. Mercury’s offerings encompass rugged embedded computing modules, high-performance radio frequency (RF) and microwave components, digital signal processing subsystems and secure networking solutions.

Since its origins in advanced signal processing, Mercury Systems has expanded its capabilities through a combination of internal development and targeted acquisitions.