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Mercury Systems (MRCY) Stock Forecast & Price Target

$36.85
-0.63 (-1.68%)
(As of 09/17/2024 ET)

Mercury Systems - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 8 Wall Street analysts who have issued ratings for Mercury Systems in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 8 analysts, 3 have given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for MRCY.

Consensus Price Target

$33.50
-9.09% Downside
High Forecast$48.00
Average Forecast$33.50
Low Forecast$21.00

According to the 8 analysts' twelve-month price targets for Mercury Systems, the average price target is $33.50. The highest price target for MRCY is $48.00, while the lowest price target for MRCY is $21.00. The average price target represents a forecasted downside of -9.09% from the current price of $36.85.

TypeCurrent Forecast
9/18/23 to 9/17/24
1 Month Ago
8/19/23 to 8/18/24
3 Months Ago
6/20/23 to 6/19/24
1 Year Ago
9/18/22 to 9/18/23
Consensus Rating
Reduce
Reduce
Reduce
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$33.50$30.00$28.50$41.71
Forecasted Upside-9.09% Downside-13.92% Downside-6.94% Downside5.50% Upside

MRCY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MRCY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Mercury Systems Stock vs. The Competition

TypeMercury SystemsComputer and Technology CompaniesS&P 500
Consensus Rating Score
1.75
2.64
2.50
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside-9.09% Downside4,855.48% Upside7.67% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/5/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$26.00 ➝ $36.00-3.69%
8/19/2024Alembic Global Advisors
3 of 5 stars
 UpgradeNeutral ➝ Overweight$48.00+18.49%
8/14/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$30.00 ➝ $35.00-14.88%
8/14/2024Truist Financial
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 Boost TargetHold ➝ Hold$26.00 ➝ $31.00-25.16%
8/14/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$26.00 ➝ $37.00+8.82%
2/8/2024The Goldman Sachs Group
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 Lower TargetSell ➝ Sell$24.00 ➝ $21.00-20.99%
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1/3/2024Jefferies Financial Group
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 DowngradeHold ➝ Underperform$35.00 ➝ $30.00-16.78%
11/29/2023Bank of America
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 Reiterated RatingUnderperform$30.00-9.80%
6/26/202358.com
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 Reiterated RatingDowngrade
6/26/2023Raymond James
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 Lower Target$55.00 ➝ $40.00+40.35%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:38 PM ET.

MRCY Forecast - Frequently Asked Questions

What is Mercury Systems' forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Mercury Systems is $33.50, with a high forecast of $48.00 and a low forecast of $21.00.

Should I buy or sell Mercury Systems stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mercury Systems in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" MRCY shares.

Does Mercury Systems's stock price have much downside?

According to analysts, Mercury Systems's stock has a predicted downside of -7.69% based on their 12-month stock forecasts.

Has Mercury Systems been upgraded by Wall Street analysts recently?

Over the previous 90 days, Mercury Systems's stock had 1 upgrade by analysts.

What analysts cover Mercury Systems?

Mercury Systems has been rated by research analysts at Alembic Global Advisors, JPMorgan Chase & Co., Robert W. Baird, Royal Bank of Canada, and Truist Financial in the past 90 days.

Do Wall Street analysts like Mercury Systems more than its competitors?

Analysts like Mercury Systems less than other "computer and technology" companies. The consensus rating for Mercury Systems is Reduce while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how MRCY compares to other companies.



This page (NASDAQ:MRCY) was last updated on 9/17/2024 by MarketBeat.com Staff
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