Mercer International stock reports a Q2 loss as debt talks continue
Published on 09/29/2026 at 18:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Mercer International stock reported USD 460.3 million in second-quarter 2026 revenue, while the company posted a USD 76.0 million net loss. The latest market picture is dominated by liquidity work, restructuring measures and sharply lower analyst targets.
Revenue rises as losses persist
According to Octus on September 15, 2026, Mercer generated USD 460.3 million in Q2 revenue, up 1.5 percent from the year-earlier period. Operating EBITDA was negative USD 21.0 million, compared with negative USD 20.9 million a year earlier, showing that higher sales did not translate into improved operating profitability.
Borse Express reported on August 31, 2026, that the quarterly net loss improved from USD 86.1 million to USD 76.0 million. The same report said Mercer's cost program delivered USD 13.0 million of additional savings in the quarter, with total savings since April 2025 reaching USD 54.0 million.
Debt talks set the central risk
Octus said Mercer was in confidential discussions with bondholders over a potential liability management transaction on September 15, 2026. The company had added a going-concern warning to its 10-Q released on August 6, 2026, while liquidity stood at USD 191.7 million, including USD 78.8 million in cash and USD 112.9 million of undrawn revolver capacity.
The restructuring effort also reaches the Torgau site. Borse Express reported that Mercer planned to reduce the workforce there by 350 positions in stages through the second quarter of 2027, while the company pursued a target of USD 100.0 million in total savings by year-end 2026.
Analyst targets move lower
Borse Express reported that TD cut its rating to Sell on August 10, 2026, reducing its price target from USD 0.40 to USD 0.15. The same report said CIBC retained a Neutral rating while lowering its target from USD 1.00 to USD 0.75.
Barrons listed four analyst ratings with an average target of USD 0.51 and a range from USD 0.15 to USD 0.75 on September 22, 2026. The Nasdaq-listed stock was trading at USD 0.32 on September 29, 2026 at 12:11 p.m. EDT, while its market capitalization was USD 21.5 million.
Mercer International stock facts
- Company: Mercer International Inc.
- Ticker: MERC
- Primary exchange: Nasdaq
- Price on Nasdaq: USD 0.32 as of September 29, 2026 at 12:11 p.m. EDT
- Market capitalization: USD 21.5 million as of September 29, 2026
- Sector / Industry: Basic Materials / Paper, Lumber and Forest Products
