Merlin Inc (MRLN)

Merlin Inc is a common stock listing on NASDAQ for Merlin, Inc., an aerospace and defense company focused on AI-enabled autonomous flight software and systems. The company develops an aircraft-agnostic platform designed to support autonomous operations across both legacy and next-generation aircraft. Its flagship Merlin Pilot combines hardware and software to handle functions such as navigation, air traffic control communications, obstacle avoidance, and real-time decision-making through sensor technologies and natural language processing. Merlin, Inc. supports military and civil aviation use cases, including cargo transport and national security missions, and works with partners and regulators on flight trials and certification efforts. Founded in 2018 and based in Boston, Massachusetts, the company also operates in New Zealand.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Free Cash Flow / Net Income
NASDAQ-MRLN
$3.29
68.8% Upside
Bargain
$8.80
351.3% Upside
Bargain
Weak
0.0%
December 2, 2026
29.1x
197.1 M
177.9 M
0.6%
33.4%
-4.3
14.7%
Valuation • Fair Value

Merlin Inc (NASDAQ-MRLN) Fair Value by Valuation Model

Review the available estimates for Merlin Inc (NASDAQ-MRLN), including EPV Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$3.29

Estimated upside of 68.8% versus the current market price.

Fair Value Confidence

Very low

Confidence level for the primary fair value estimate.

EPV Fair Value

$2.80

Earnings power value estimate.

Comps Fair Value

$3.39

Comparable-company valuation reference.

Analyst Price Target

$8.80

Analysts imply upside of 351.3%.

How to read these valuation models

Use the 5 available valuation references for Merlin Inc (NASDAQ-MRLN) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Merlin Inc (NASDAQ-MRLN)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

6.771 M

Current operating scale indicator.

Revenue Forecast

8.3 M

Forward revenue estimate.

EBITDA

-91.713 M

Current operating profitability reference.

EBITDA Forecast

-103.5 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Merlin Inc (NASDAQ-MRLN) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Merlin Inc (NASDAQ-MRLN)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Weak

Financial pressure deserves closer review.

Piotroski Score

1

Weak quality score that deserves closer review.

Altman Z-Score

-4.3

Lower score that deserves closer risk review.

FCF / Net Income

14.7%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Merlin Inc (NASDAQ-MRLN). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Merlin Inc (NASDAQ-MRLN)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

December 2, 2026

Days to Earnings

75

Dividend Yield

0.0%

No current dividend yield is indicated.

How to read events and dividends

This section helps investors track time-sensitive items for Merlin Inc (NASDAQ-MRLN), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Merlin Inc (NASDAQ-MRLN) Stock Forecast & Technical Outlook

Review Merlin Inc (NASDAQ-MRLN) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for Merlin Inc (NASDAQ-MRLN) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for Merlin Inc (NASDAQ-MRLN) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Merlin Inc (NASDAQ-MRLN) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Merlin Inc (NASDAQ-MRLN) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Sell

The monthly technical read for Merlin Inc (NASDAQ-MRLN) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Merlin Inc (NASDAQ-MRLN)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, Merlin Inc (NASDAQ-MRLN) has a Strong Buy consensus, with 4 buy, 0 hold and 0 sell recommendations in the current data set.

Buy 4
Hold 0
Sell 0
FAQ Fast Investor Answers

Merlin Inc (NASDAQ-MRLN) Stock FAQ

Data-supported answers about Merlin Inc (NASDAQ-MRLN), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$3.29
Estimated upside 68.8%
Valuation Rating
Undervalued
Estimated upside of 68.8%
Analyst Target
$8.80
Implied upside 351.3%
Financial Health
Weak
Current financial-health read

The current fair value estimate for Merlin Inc (NASDAQ-MRLN) is $3.29. This implies an estimated upside of 68.8% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 68.8% versus the current market price.

The available analyst price target for Merlin Inc (NASDAQ-MRLN) is $8.80. The analyst target implies estimated upside of 351.3%.

The current financial health read for Merlin Inc (NASDAQ-MRLN) is Weak. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Merlin Inc (NASDAQ-MRLN) is December 2, 2026.

The latest available data indicates no current dividend yield for Merlin Inc (NASDAQ-MRLN).

The current market capitalization listed for Merlin Inc is 197.1 M.

The current enterprise value listed for Merlin Inc is 177.9 M. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Merlin Inc is NASDAQ-MRLN, and the stock is listed on NASDAQ.

Merlin Inc (NASDAQ-MRLN) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Merlin Inc is 0.6%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Merlin Inc is 33.4%. Free float helps investors understand how much of the share base is available for public trading.