Mercury Systems (MRCY)

• Market cap: $2.56B
• 1 day: 0.14%
• 5 days: 3.10%
• 1 month: 12.24%
• 3 months: 24.80%
• 6 months: 28.31%
• Year to date: 1.42%
• 1 year: 38.59%
• 5 years: -43.06%
• 10 years: 198.26%
• Sector: Information Technology
• Industry: Electronic Components & Accessories

About: Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates, and delivers secure open architecture solutions powering a broad range of mission-critical applications in challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.

Employees: 2,369

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

56% more call options, than puts

Call options by funds: $8.39M | Put options by funds: $5.38M

54% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 24

32% more capital invested

Capital invested by funds: $1.77B [Q2] → $2.33B (+$562M) [Q3]

5% more funds holding

Funds holding: 230 [Q2] → 241 (+11) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

4.54% less ownership

Funds ownership: 110.55% [Q2] → 106.01% (-4.54%) [Q3]

17% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 92

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $28 35% downside
• Avg. target: $39 10% downside
• High target: $44 3% upside

4 analyst ratings

• positive: 0 0%
• neutral: 3 75%
• negative: 1 25%

Goldman Sachs Noah Poponak 67% 1-year accuracy 18 / 27 met price target	35% downside $28	Sell Maintained	16 Jan 2025
Truist Securities Michael Ciarmoli 78% 1-year accuracy 47 / 60 met price target	3% upside $44	Hold Maintained	14 Jan 2025
Jefferies Sheila Kahyaoglu 71% 1-year accuracy 24 / 34 met price target	2% downside $42	Hold Upgraded	11 Nov 2024
JP Morgan Seth Seifman 52% 1-year accuracy 16 / 31 met price target	7% downside $40	Neutral Maintained	7 Nov 2024