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MRCY logo MRCY
Upturn stock ratingUpturn stock rating
MRCY logo

Mercury Systems Inc (MRCY)

Upturn stock ratingUpturn stock rating
$68.5
Last Close (24-hour delay)
Profit since last BUY42.83%
upturn advisory
Consider higher Upturn Star rating
BUY since 92 days
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  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/28/2025: MRCY (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $65.43

1 Year Target Price $65.43

Analysts Price Target For last 52 week
$65.43 Target price
52w Low $32.32
Current$68.5
52w High $69.95

Analysis of Past Performance

Type Stock
Historic Profit -7.96%
Avg. Invested days 32
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.10B USD
Price to earnings Ratio -
1Y Target Price 65.43
Price to earnings Ratio -
1Y Target Price 65.43
Volume (30-day avg) 9
Beta 0.72
52 Weeks Range 32.32 - 69.95
Updated Date 08/29/2025
52 Weeks Range 32.32 - 69.95
Updated Date 08/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.64

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-08-11
When -
Estimate 0.22
Actual 0.47

Profitability

Profit Margin -4.16%
Operating Margin (TTM) 12.12%

Management Effectiveness

Return on Assets (TTM) -0.27%
Return on Equity (TTM) -2.57%

Valuation

Trailing PE -
Forward PE 78.74
Enterprise Value 4439362395
Price to Sales(TTM) 4.5
Enterprise Value 4439362395
Price to Sales(TTM) 4.5
Enterprise Value to Revenue 4.87
Enterprise Value to EBITDA 68.26
Shares Outstanding 59915700
Shares Floating 53066710
Shares Outstanding 59915700
Shares Floating 53066710
Percent Insiders 1.95
Percent Institutions 111.84

ai summary icon Upturn AI SWOT

Mercury Systems Inc

stock logo

Company Overview

overview logo History and Background

Mercury Systems, Inc. was founded in 1981. Originally known as Mercury Computer Systems, it initially focused on high-performance embedded computing solutions for real-time image processing. Over time, it evolved to provide secure processing subsystems for critical defense and intelligence applications.

business area logo Core Business Areas

  • Advanced Microelectronics: Designs, develops, and manufactures custom microelectronics solutions for defense and aerospace applications.
  • Mission Systems: Provides ruggedized computer servers, displays, storage, networking, and high performance embedded processing systems.
  • RF and Microwave: Offers RF and microwave components, assemblies, and subsystems for radar, electronic warfare, and communication systems.

leadership logo Leadership and Structure

William Kienitz is the Interim President and CEO. The company is structured into business units focused on specific product lines and customer segments. It operates with a matrix structure, combining functional expertise with market-focused teams.

Top Products and Market Share

overview logo Key Offerings

  • Ruggedized Servers: High-performance servers designed for harsh environments in defense and aerospace applications. Competitors include Curtiss-Wright Defense Solutions and Abaco Systems. Market share data is difficult to determine precisely, but estimated between 15%-20% of the ruggedized server market for defense applications. Revenue contribution is significant to Mercury's total revenue.
  • RF and Microwave Subsystems: Specialized components and systems for radar, electronic warfare, and communications. Competitors include Analog Devices and Qorvo. Market share varies by specific product, but estimated at around 10% of the total RF/Microwave defense market. Revenue contribution is significant to Mercury's total revenue.

Market Dynamics

industry overview logo Industry Overview

The defense electronics market is driven by increasing demand for advanced sensors, electronic warfare systems, and secure communications. Key trends include the adoption of open architectures and the increasing importance of cybersecurity.

Positioning

Mercury Systems positions itself as a trusted provider of secure and reliable processing solutions for critical defense applications. Its competitive advantages include its deep domain expertise, strong customer relationships, and vertically integrated capabilities.

Total Addressable Market (TAM)

The estimated TAM is in the tens of billions of dollars annually, encompassing segments like electronic warfare, radar, and secure computing. Mercury is positioned to capture a portion of this TAM through its offerings in these key areas.

Upturn SWOT Analysis

Strengths

  • Strong domain expertise in defense electronics
  • Long-standing customer relationships with major defense contractors
  • Vertically integrated capabilities
  • Secure and reliable solutions

Weaknesses

  • Reliance on government spending
  • Supply chain vulnerabilities
  • Smaller size compared to industry giants
  • Integration issues from acquisitions

Opportunities

  • Increased defense spending
  • Adoption of open architectures
  • Growth in electronic warfare market
  • Expansion into new international markets

Threats

  • Budget cuts in defense spending
  • Technological obsolescence
  • Intense competition
  • Cybersecurity threats

Competitors and Market Share

competitor logo Key Competitors

  • CRWS
  • ADI
  • TXN

Competitive Landscape

Mercury Systems holds a strong position due to specialized products and customer relationships, but faces stiff competition from larger companies with more resources and broader portfolios. Their niche focus provides an advantage in specific areas.

Major Acquisitions

PacStar

  • Year: 2020
  • Acquisition Price (USD millions): 400
  • Strategic Rationale: Expanded Mercury's secure communications and networking capabilities.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is currently difficult to assess due to financial reporting inconsistencies.

Future Projections: Future projections are unavailable due to the above-mentioned reporting delays.

Recent Initiatives: Recent initiatives focus on integrating acquired companies and expanding capabilities in key areas such as artificial intelligence and electronic warfare.

Summary

Mercury Systems is a key player in the defense electronics market, with a strong focus on secure processing and specialized components. While well-positioned in its niche, the company faces challenges from larger competitors and reliance on government spending. Recent acquisitions aim to diversify its offerings and expand its reach. Resolving financial reporting issues and integrating acquisitions will be critical for future success. They also need to be prepared for technological advancements.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings (when available)
  • Industry Reports
  • Analyst Reports

Disclaimers:

Financial data may be limited due to current reporting delays. Market share estimates are based on available information and may not be precise. This analysis is for informational purposes only and should not be considered investment advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Mercury Systems Inc

Exchange NASDAQ
Headquaters Andover, MA, United States
IPO Launch date 1998-01-30
President, CEO & Chairman Dr. William L. Ballhaus
Sector Industrials
Industry Aerospace & Defense
Full time employees 2162
Full time employees 2162

Mercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for defense prime contractors, original equipment manufacturers, government, and commercial aerospace companies. The company offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; modules and sub-assemblies, such as embedded processing boards, switched fabrics and boards, digital receivers, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video; and integrated subsystems. It also designs, develops, and manufactures digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. It operates in the United States, Europe, and the Asia Pacific. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was incorporated in 1981 and is headquartered in Andover, Massachusetts.