Mercury Systems (MRCY) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.37
- Estimate
- $0.38
- Surprise
- -3.3%
- Revenue (period 2026-07-03)
- $289.8M
- Score today
- 4.6/10
Revenue source: xbrl.
How the report landed
Mercury Systems (MRCY) missed the $0.38 estimate with diluted EPS of $0.37 — a clear 3.3% shortfall.
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
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. government and foreign governments (97.0%)
- Concentration risk — Supplier: sole-source suppliers
- 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.
The levels TrendMatrix's engine tracks
- Current price
- $81.03
- Price target
- $100.73
- Stop
- $76.12
- Upside to target
- +24.3%
- Reward-to-risk
- 2.8:1
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
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
- $4.85B
- P/E (fwd)
- 36.0
- 52-week range
- $65.04–$128.45
- Off 52-week high
- 36.9%
- RSI (14)
- 30
- Volume vs avg
- 0.74×
- Score today
- 4.6/10