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MRCYMercury Systems IncSell4.6·$83.09

Mercury Systems (MRCY) Q2 2026 earnings — TrendMatrix coverage

MISS-3.3% vs estimateEPS $0.37 vs $0.38 estCurrent verdict Sell 4.6/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Adjusted EPS
$0.37
Estimate
$0.38
Surprise
-3.3%
Revenue (period 2026-07-03)
$289.8M
Score today
4.6/10

Revenue source: xbrl.

Report record · Q2 2026

How the report landed

Mercury Systems (MRCY) missed the $0.38 estimate with adjusted EPS of $0.37 — a clear 3.3% shortfall.

Around the report

Coverage in the report window

  • Truist Securities Maintains Buy on Mercury System, Raises Price Target to $120 — benzinga, 2026-08-20
  • RBC Capital Maintains Outperform on Mercury System, Raises Price Target to $120 — benzinga, 2026-08-19
  • Stock Market Futures Mixed: Dow Jones Gains, Nasdaq 100 Drops as Trump Says 'No Talks' Are Happening With Iran— Keysight — benzinga, 2026-08-19
Current read · as of 2026-09-24

Where TrendMatrix's rating stands now

TrendMatrix currently rates MRCY Sell at 4.6/10; no pre/post engine snapshot brackets this report.

3 of the last 4 quarters beat the estimate; this quarter's -3.3% surprise compares with a +158.3% four-quarter average. Next scheduled report: 2026-11-03.

What argues against it

  • Concentration risk — Customer: U.S. and foreign government defense programs (97.0%)
  • Concentration risk — Supplier: sole-source suppliers (FPGAs, ASICs, processors, memory, specialty glass)
  • Quality below floor (3.2 < 4.0)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$83.09
Price target
$100.66
Stop
$77.27
Upside to target
+21.1%
Reward-to-risk
2.5:1

Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.

Industrials context

MRCY at TrendMatrix's latest read

Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.

Industry
Aerospace & Defense
Market cap
$5.03B
P/E (fwd)
37.1
52-week range
$65.04–$128.45
Off 52-week high
35.3%
RSI (14)
46
Volume vs avg
0.26×
Score today
4.6/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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