Merlin Inc (MRLN)

Currency in USD
3.32
0.00(0.00%)
Closed·
3.39+0.07(+2.11%)
·
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Fair Value
Day's Range
3.193.40
52 wk Range
3.1717.00
Key Statistics
Prev. Close
3.32
Open
3.4
Day's Range
3.19-3.4
52 wk Range
3.17-17
Volume
875.09K
Average Volume (3m)
2.53M
1-Year Change
-68.0636%
Book Value / Share
-1.04
Fair Value
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Fair Value Upside
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MRLN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
9.25
Upside
+178.61%
Members' Sentiments
Bearish
Bullish
ProTips
Quickly burning through cash

Merlin Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

4 Buy
0 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 9.25
(+178.61% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Cantor Fitzgerald
Buy9.00+171.08%9.00MaintainAug 14, 2026
Northland
Buy10.00+201.20%-New CoverageJul 21, 2026
Cantor Fitzgerald
Buy11.00+231.33%-MaintainJul 13, 2026
Cantor Fitzgerald
Buy---New CoverageJul 09, 2026
TD Cowen
Buy11.00+231.33%-New CoverageJun 03, 2026

Merlin Inc Earnings Call Summary for Q2/2026

  • Merlin Labs reported Q2 2026 revenue of $2.2M, up $1.2M sequentially, but adjusted EBITDA loss widened to $27.8M from $23.3M in Q1.
  • Company ended quarter with $183.9M in cash, zero debt, and current ratio of 8.72, providing extended runway for autonomy development.
  • Completed critical design review on C-130J program; expects H2 2026 revenue of $4M-$6M if milestones achieved, meaningful 2027 revenue anticipated.
  • Shares fell 9.73% after-hours to $3.99 despite 6.25% regular session gain, as investors weighed milestone progress against continuing losses.
  • Management projects H2 adjusted EBITDA flat to slightly better than H1 as business combination costs roll off; plans to announce new aircraft platforms.
Last Updated: 2026-08-13, 05:24 p/m
Read Full Transcript

Earnings

Latest Release
Aug 13, 2026
EPS / Forecast
-1.40 / --
Revenue / Forecast
2.2M / --
EPS Revisions
Last 90 days

MRLN Income Statement

Compare MRLN to Peers and Sector

Metrics to compare
MRLN
Peers
Sector
Relationship
P/E Ratio
−0.5x−11.3x11.9x
PEG Ratio
-−0.060.03
Price/Book
−3.4x1.4x1.4x
Price / LTM Sales
49.6x45.0x1.2x
Upside (Analyst Target)
186.1%81.2%27.8%
Fair Value Upside
Unlock−12.0%8.7%Unlock

Merlin, Inc., an aerospace and defense technology company, develops AI-powered autonomous flight software and systems for aircraft in the United States and New Zealand. The company provides an aircraft-agnostic, AI-powered software platform that enables autonomous flight for both legacy and next-generation airborne systems. Its main product, the Merlin Pilot, is an integrated hardware and software solution that manages navigation, communication with air traffic control, obstacle avoidance, and real-time decision-making using sensor technologies and natural language processing. The company supports both military and civil aviation programs, offering solutions for missions such as cargo transport and national security operations. It collaborates with partners and regulatory bodies to conduct flight trials and support the certification of autonomous flight systems. The company serves defense organizations, commercial aviation clients, government agencies, regulators, and air cargo operators. The company was founded in 2018 and is based in Boston, Massachusetts.

Employees
125

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
2.22M2.30%7.86M
Other Institutional Investors
94.95M97.70%335.65M
Public Companies & Retail Investors
0.000.00%0.00
Total
97.17M100.00%343.51M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Quiet Capital Management LLC13.36%12,896,00745,587
First Round Capital Management, LLC12.17%11,748,96141,533

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FAQ

What Is the Merlin (MRLN) Stock Price Today?

The Merlin stock price today is 3.32 USD.

What Stock Exchange Does Merlin Trade On?

Merlin is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Merlin?

The stock symbol for Merlin is "MRLN."

What Is the Merlin Market Cap?

As of today, Merlin market cap is 335.04M USD.

What Is Merlin's Earnings Per Share (TTM)?

The Merlin EPS (TTM) is -57.13.

When Is the Next Merlin Earnings Date?

Merlin will release its next earnings report on Aug 13, 2026.

From a Technical Analysis Perspective, Is MRLN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Merlin Stock Split?

Merlin has split 0 times.

How Many Employees Does Merlin Have?

Merlin has 125 employees.

What is the current trading status of Merlin (MRLN)?

As of Aug 20, 2026, Merlin (MRLN) is trading at a price of 3.32 USD, with a previous close of 3.32 USD. The stock has fluctuated within a day range of 3.19 USD to 3.40 USD, while its 52-week range spans from 3.17 USD to 17.00 USD.

What Is Merlin (MRLN) Price Target According to Analysts?

The average 12-month price target for Merlin is 9.25 USD, with a high estimate of 10 USD and a low estimate of 8 USD. 4 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +178.61% Upside potential.

What Is the MRLN Premarket Price?

MRLN's last pre-market stock price is 3.43 USD. The pre-market share volume is 16,800.00, and the stock has decreased by 0.12, or 3.63%.

What Is the MRLN After Hours Price?

MRLN's last after hours stock price is 3.39 USD, the stock has decreased by 0.07, or 2.11%.
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