Mercury Systems stock gained 0.95 percent as backlog reached USD 1.95 billion
Published on 10/04/2026 at 23:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Mercury Systems stock (ISIN US5893781089) was last at USD 84.87 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, up 0.95 percent from USD 84.07. The company entered fiscal 2027 with a USD 1.95 billion backlog, up 38 percent year over year, according to StockTitan in its summary of the August 18, 2026 results.
Backlog points to stronger demand
Mercury reported fiscal 2026 revenue of USD 983.6 million, up 7.9 percent from USD 912.0 million in fiscal 2025. The same fiscal-year report showed total bookings of USD 1.55 billion, up 50 percent, and a book-to-bill ratio of 1.57.
Fourth-quarter bookings reached USD 659.6 million, producing a quarterly book-to-bill ratio of 2.28. The demand picture improved faster than reported profitability: adjusted EBITDA rose to USD 150.2 million for fiscal 2026, while GAAP net loss narrowed to USD 29.7 million from USD 37.9 million.
Analysts see room above USD 84.87
According to StockAnalysis, 11 analysts give Mercury Systems a Buy consensus rating and an average 12-month price target of USD 115.70. The target lies 36.33 percent above the October 2 price.
The valuation case therefore depends on converting the order pipeline into profitable sales. Fiscal 2026 GAAP earnings per share were negative USD 0.50, even as adjusted earnings per share reached USD 1.06, making the gap between operating progress and GAAP profitability an important counter-factor.
CEO contract runs through 2030
Mercury Systems extended Chairman and CEO Bill Ballhaus's employment agreement through August 15, 2030, and reaffirmed its financial guidance on September 16, 2026. GlobeNewswire reported that the agreement keeps the chief executive in place through the next phase of the company's growth and margin plan.
Stock remains below yearly high
At USD 84.87 on October 2, Mercury Systems stock stood 33.94 percent below its 52-week high of USD 128.45 and 30.49 percent above its 52-week low of USD 65.04. Market capitalization was USD 5.1 billion as of October 2, 2026.
Mercury Systems stock facts
- Company: Mercury Systems, Inc.
- ISIN: US5893781089
- Ticker: MRCY
- Trading venue: Nasdaq
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 84.87
- Market capitalization: USD 5.1 billion (as of October 2, 2026)
- 52-week range: USD 65.04-128.45 (as of October 2, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Upcoming dates for Mercury Systems stock
- October 28, 2026: Annual meeting of shareholders
