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Recent Analyst Ratings for $MRCY
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/13/2025 | $49.00 → $56.00 | Hold → Buy | Truist |
2/5/2025 | $37.00 → $58.00 | Neutral → Outperform | Robert W. Baird |
11/11/2024 | $30.00 → $42.00 | Underperform → Hold | Jefferies |
8/19/2024 | Neutral → Overweight | Alembic Global Advisors | |
2/7/2024 | $48.00 → $28.00 | Buy → Hold | Truist |
1/10/2024 | $37.00 → $24.00 | Neutral → Sell | Goldman |
1/3/2024 | $35.00 → $30.00 | Hold → Underperform | Jefferies |
11/29/2023 | $30.00 | Underperform | BofA Securities |
Mercury Systems Reports Second Quarter Fiscal 2025 Results
Q2 FY25 Bookings of $242.4 million; book-to-bill ratio of 1.09Record backlog of $1.4 billion; up 6% year-over-yearQ2 FY25 Revenue of $223.1 million; GAAP net loss of $17.6 million; and adjusted EBITDA of $22.0 millionRecord Operating Cash Flow of $85.5 million with Free Cash Flow of $81.9 million ANDOVER, Mass., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), reported operating results for the second quarter of fiscal year 2025, ended December 27, 2024. "We delivered solid results in the second quarter of fiscal 2025 that were once again in line with or ahead of our expectations, and I'm optimistic about our ongoing efforts to improve performance
Mercury To Develop Data Processing Subsystem for U.S. Satellite Program
ANDOVER, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, today announced it was awarded a $24.5 million contract to develop a data processing and storage subsystem for a U.S. Defense Department satellite program. Under a contract with an innovative space systems prime contractor, Mercury will deliver a number of these subsystems that leverage its commercial products and deep expertise in data recording, data processing, and subsystem integration for defense applications. The solution features Mercury's SCFE6933 processing board that employs AMD Versal™ AI Core
Mercury Hires Three Senior Leaders To Support its Growth Strategy
ANDOVER, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, today announced the hiring of three senior leaders that will contribute to the company's next phase of growth. Robin Milton has joined Mercury as the company's Chief Marketing and Communications Officer. Reporting to the Chief Human Resources Officer Steve Ratner, Milton will drive the development and execution of Mercury's strategic marketing plan, focused on brand awareness and revenue generation. Milton most recently served as Vice President of Marketing and Strategic Communications at LMI, a leading tech
Mercury upgraded by Truist with a new price target
Truist upgraded Mercury from Hold to Buy and set a new price target of $56.00 from $49.00 previously
Mercury upgraded by Robert W. Baird with a new price target
Robert W. Baird upgraded Mercury from Neutral to Outperform and set a new price target of $58.00 from $37.00 previously
Mercury upgraded by Jefferies with a new price target
Jefferies upgraded Mercury from Underperform to Hold and set a new price target of $42.00 from $30.00 previously
Director Jana Partners Management, Lp bought $506,600 worth of shares (13,600 units at $37.25) (SEC Form 4)
4 - MERCURY SYSTEMS INC (0001049521) (Issuer)
Jana Partners Management, Lp bought $11,057,678 worth of shares (377,913 units at $29.26) (SEC Form 4)
4 - MERCURY SYSTEMS INC (0001049521) (Issuer)
Ballhaus William L bought $203,099 worth of shares (7,066 units at $28.74) (SEC Form 4)
4 - MERCURY SYSTEMS INC (0001049521) (Issuer)
EVP, CLO & Corp Sec Kupinsky Stuart sold $104,883 worth of shares (2,377 units at $44.12), decreasing direct ownership by 4% to 62,834 units (SEC Form 4)
4 - MERCURY SYSTEMS INC (0001049521) (Issuer)
VP, CAO Munro Douglas sold $26,254 worth of shares (595 units at $44.12), decreasing direct ownership by 4% to 14,572 units (SEC Form 4)
4 - MERCURY SYSTEMS INC (0001049521) (Issuer)
EVP, COO Wells Charles Roger Iv returned 15,091 shares to the company and sold $103,338 worth of shares (2,342 units at $44.12), decreasing direct ownership by 15% to 95,928 units (SEC Form 4)
4 - MERCURY SYSTEMS INC (0001049521) (Issuer)
Mercury Systems Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update
8-K - MERCURY SYSTEMS INC (0001049521) (Filer)
SEC Form SCHEDULE 13G filed by Mercury Systems Inc
SCHEDULE 13G - MERCURY SYSTEMS INC (0001049521) (Subject)
SEC Form 10-Q filed by Mercury Systems Inc
10-Q - MERCURY SYSTEMS INC (0001049521) (Filer)
Mercury Systems Announces Board of Directors Update
Roger Krone, former Chairman and CEO of Leidos, departs Board to focus on Boy Scouts of America Jean Bua, CFO of NetScout Systems, appointed to Board ANDOVER, Mass., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, announced the departure of Roger Krone from its Board of Directors and the appointment of new Independent Director Jean Bua. Since joining Mercury's Board of Directors, Mr. Krone has been appointed as President and Chief Executive Officer of the Boy Scouts of America and is planning to focus his time on the Boy Scouts and other business matters. Bill Ballhaus
Mercury Appoints Brad Whittington as Senior Vice President of Engineering
ANDOVER, Mass., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced the appointment of Brad Whittington as its Senior Vice President of Engineering, effective Aug. 12, 2024. Reporting to Chief Operating Officer Roger Wells, Whittington is responsible for the strategic planning, leadership, and execution of Mercury's recently integrated Engineering organization. Whittington has more than 25 years of experience in technical leadership roles in aerospace and defense. He most recently served as Vice President of Engineering and Chief Engineer for the Defense Sys
Mercury Appoints Senior Vice President of Operations, Completes Second Phase of Organizational Restructuring
ANDOVER, Mass., June 18, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced the appointment of Tod Brindlinger as Senior Vice President of Operations, effective June 10, 2024. The company also announced the completion of the second phase of an organizational restructuring that began in January to improve performance and accelerate growth by consolidating and simplifying its operations. Reporting to Chief Operating Officer Roger Wells, Brindlinger is responsible for the company's global manufacturing, facilities, and supply chain. He has more than 30 years of leaders
Mercury Systems Reports Second Quarter Fiscal 2025 Results
Q2 FY25 Bookings of $242.4 million; book-to-bill ratio of 1.09Record backlog of $1.4 billion; up 6% year-over-yearQ2 FY25 Revenue of $223.1 million; GAAP net loss of $17.6 million; and adjusted EBITDA of $22.0 millionRecord Operating Cash Flow of $85.5 million with Free Cash Flow of $81.9 million ANDOVER, Mass., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), reported operating results for the second quarter of fiscal year 2025, ended December 27, 2024. "We delivered solid results in the second quarter of fiscal 2025 that were once again in line with or ahead of our expectations, and I'm optimistic about our ongoing efforts to improve performance
Mercury Systems to Report Second Quarter Fiscal Year 2025 Financial Results on February 4, 2025
ANDOVER, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, will release its second quarter fiscal year 2025 financial results after the market close on Tuesday, February 4, 2025. Management will host a conference call and simultaneous webcast at 5:00 p.m. ET on the same day to discuss Mercury's quarterly financial results, business highlights, and outlook. In addition, Company representatives may answer questions concerning business and financial developments and trends, the Company's view on earnings forecasts, and other business and financial matters affecting the
Mercury Systems Reports First Quarter Fiscal 2025 Results
Q1 FY25 Bookings of $247.7 million; book-to-bill ratio of 1.21Q1 FY25 Revenue of $204.4 million; GAAP net loss of $17.5 million; and adjusted EBITDA of $21.5 millionRecord backlog of $1.3 billion; up 16% year-over-year ANDOVER, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), reported operating results for the first quarter of fiscal year 2025, ended September 27, 2024. "Our first quarter 2025 results were generally as expected, and I am optimistic about our strategic positioning and expectations to deliver predictable organic growth with expanding margins and robust free cash flow," said Bill Ballhaus, Mercury's Chairman and CEO. "In the quart
Amendment: SEC Form SC 13G/A filed by Mercury Systems Inc
SC 13G/A - MERCURY SYSTEMS INC (0001049521) (Subject)
SEC Form SC 13G/A filed by Mercury Systems Inc (Amendment)
SC 13G/A - MERCURY SYSTEMS INC (0001049521) (Subject)
SEC Form SC 13D/A filed by Mercury Systems Inc (Amendment)
SC 13D/A - MERCURY SYSTEMS INC (0001049521) (Subject)