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MRLN Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
8.470
Open
7.580
VWAP
7.92
Vol
2.12M
Mkt Cap
772.19M
Low
7.300
Amount
16.81M
EV/EBITDA(TTM)
--
Total Shares
96.52M
EV
1.03B
EV/OCF(TTM)
--
P/S(TTM)
--
Merlin, Inc. is an aerospace and defense technology company. The Company’s non-human pilot system, Merlin Pilot, integrates hardware and software to deliver an autonomous flight solution that spans the flight process from takeoff to touchdown. It utilizes sensor technologies to assess the aircraft’s state and its surrounding environment, allowing it to navigate and recommend trajectory adjustments as necessary. It uses artificial intelligence (AI) to interpret air traffic control voice communications through natural language processing. Its system complements human pilots with software that uses learning techniques for weather navigation and can operate without ground communications and Global Positioning System (GPS) navigation. Its Aircraft Platforms include C-130J and Tactical Autonomy. The C-130J is used in military transport aircraft globally. The Tactical Autonomy focuses on mobility and refueling systems to improve staffing and surge capabilities.
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Events Timeline

(ET)
2026-05-14
08:50:00
Significant Increases in Borrow Rates for Liquid Option Names
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2026-05-08 (ET)
2026-05-08
08:50:00
Immutep Ltd Borrow Rate Increases to 117.72%
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2026-05-06 (ET)
2026-05-06
08:50:00
SoundHound AI Borrow Rate Increases to 41.95%
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2026-05-01 (ET)
2026-05-01
08:50:00
Significant Increases in Borrow Rates Among Liquid Option Names
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2026-04-24 (ET)
2026-04-24
08:50:00
Significant Increases in Borrow Rates for Liquid Options
select
2026-04-22 (ET)
2026-04-22
08:50:00
Kodiak AI Borrow Rate Increases to 110.69%
select
2026-04-17 (ET)
2026-04-17
08:50:00
Merlin Inc Borrow Rate Increases to 74.29%
select
2026-04-16 (ET)
2026-04-16
10:30:00
Merlin Announces Board Composition with Matt George as Chairman
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2026-04-16
08:50:00
VisionWave Holdings Borrow Rate Increases to 74.93%
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News

Yahoo Finance
9.5
05-25Yahoo Finance
Crossroads Capital Q1 2026 Investor Letter Highlights Performance and Key Holdings
  • Fund Performance: Crossroads Capital reported a 4.2% net increase in Q1 2026, with a gross return of 21.3% and a net return of 17.1% since inception, indicating resilience and growth potential amidst market volatility.
  • Market Environment: The stable market trends of 2025 were disrupted by geopolitical tensions linked to Trump's unpredictable foreign policy, causing the S&P 500 to decline by approximately 4.3%, yet Q1 fundamentals aligned with broader market trends, suggesting sustained investor confidence.
  • Merlin, Inc. Contribution: Merlin, Inc. (NASDAQ:MRLN) contributed 40% to the fund's net gains in Q1, despite a one-month return of -37.81%, highlighting its volatility as a newly public company while reflecting potential long-term value.
  • Investment Strategy: Crossroads Capital categorizes Merlin, Inc. as a special situation investment, believing that its market repricing has barely begun, and if milestones are met, it will further enhance its position in the portfolio, demonstrating confidence in future growth.
seekingalpha
9.5
05-14seekingalpha
Merlin, Inc. Reports Increased Q1 Loss Amid Revenue Growth
  • Financial Performance: Merlin, Inc. reported a GAAP net loss of $90.4 million in Q1, a significant increase from a loss of $12.7 million in Q1 2025, indicating substantial challenges in profitability.
  • Revenue Growth: Despite the widening losses, the company achieved revenue of $1 million in Q1, reflecting an 11.1% year-over-year increase, which highlights growth potential in certain business areas.
  • Cash Position: As of March 31, 2026, Merlin's cash, cash equivalents, and short-term investments totaled $122.8 million, a significant increase from $59.3 million at December 31, 2025, enhancing the company's liquidity and financial stability.
  • Financing Impact: The company raised $80 million through a PIPE to support program execution; however, the share issuance led to a 2.5% decline in stock price, and an 8% drop following the financing announcement, indicating market sensitivity to dilution effects.
seekingalpha
8.5
05-06seekingalpha
Merlin Raises $80M Through PIPE Financing Agreement
  • Financing Agreement Details: Merlin has signed a securities purchase agreement with an existing institutional shareholder to raise $80 million through a private investment in public equity (PIPE), planning to issue 8 million shares of common stock and 4 million warrants at a strike price of $6.67 per share, expiring in five years, thereby enhancing the company's capital structure.
  • Stock Price Movement: Following the financing announcement, Merlin's shares fell by 2.5% during early trading on Wednesday, reflecting market concerns over potential dilution, which may impact investor confidence and short-term stock performance.
  • Cash Flow Enhancement: With this financing, Merlin expects total cash and cash equivalents to reach $183 million, a significant increase from the current $107 million, thereby enhancing financial flexibility to support growth plans and commercial launch timelines for 2026-2027.
  • Planned Use of Funds: The company stated that proceeds from the investment will be used to support revenue generation and long-term value creation, including advancing core platform development, funding regulatory approval activities, scaling program capacity, and supporting the execution and expansion of existing and new customer contracts.
seekingalpha
8.5
04-29seekingalpha
Merlin Raises $80M via PIPE Investment to Strengthen Balance Sheet
  • Funding Size: Merlin announced an $80M private investment in public equity (PIPE) from an existing institutional investor, issuing 8M new common shares along with warrants for 4M additional shares at $6.67 each, valid for five years, indicating a proactive capital-raising strategy.
  • Cash Flow Enhancement: Following the transaction, the company's total cash position will increase from approximately $107M to about $183M, significantly strengthening its financial standing and providing robust funding support for future business expansion.
  • Use of Proceeds: The net proceeds will be allocated to platform growth, regulatory approvals, scaling operations, and expanding customer contracts, reflecting the company's strategic focus on future growth and market expansion plans.
  • Stock Price Reaction: Despite the financing bolstering the balance sheet, the stock is trading at $10.62, down approximately 8.13%, which reflects market concerns over equity dilution and may impact investor confidence.
Newsfilter
8.5
04-29Newsfilter
Merlin Inc. Secures $80 Million in PIPE Financing
  • Financing Agreement: Merlin Inc. has entered into a securities purchase agreement with an existing institutional shareholder to raise $80 million through a PIPE, which will increase total cash resources to $183 million, thereby enhancing financial flexibility to accelerate growth plans for 2026-2027.
  • Equity Issuance Details: The transaction involves the issuance of 8 million shares of common stock and warrants for 4 million shares at a strike price of $6.67, with the deal expected to close around May 1, 2026, further solidifying the company's capital structure.
  • Clear Use of Proceeds: Proceeds from the financing will be allocated to advance core platform development, support regulatory approval activities, and scale program capacity, aiming to enhance revenue generation and create long-term value, demonstrating the company's clear roadmap for future growth.
  • Increased Market Confidence: CEO Matt George noted that this investment reflects the confidence of a long-term partner in the business, and the capital infusion will provide additional flexibility to accelerate execution against the defined revenue growth path.
Newsfilter
7.5
04-23Newsfilter
Merlin Partners with RIG for UAE Autonomy Solutions
  • Exclusive Partnership: Merlin has entered into an exclusive teaming agreement with Remah International Group in the UAE to introduce its autonomy capabilities, aiming to explore suitable use cases and aircraft platforms, thereby advancing technological progress in aviation autonomy within the UAE.
  • Strategic Importance: Amid heightened geopolitical tensions in the Middle East, this collaboration not only enhances the UAE's defense capabilities but also reduces risks to human aircrews, thereby increasing operational flexibility and persistence in complex missions, ensuring mission success.
  • Certification and Investment: Merlin's autonomy systems are in the process of certification, and RIG's support will ensure reliability across both civil and military operations, promoting national AI capabilities and sovereign investment while expanding applications across the aviation sector.
  • Optimistic Market Outlook: Merlin's CEO highlighted the strong demand for aviation autonomy in the Middle East, combined with RIG's support for innovation, making this partnership poised for significant market potential to effectively address evolving mission requirements and geopolitical challenges.
Wall Street analysts forecast MRLN stock price to rise
0 Analyst Rating
Wall Street analysts forecast MRLN stock price to rise
0 Buy
0 Hold
0 Sell
Current: 0.000
sliders
Low
Averages
High
Current: 0.000
sliders
Low
Averages
High
Roth Capital
Suji Desilva
Buy
downgrade
$25 -> $15
AI Analysis
2026-05-14
Reason
Roth Capital
Suji Desilva
Price Target
$25 -> $15
AI Analysis
2026-05-14
downgrade
Buy
Reason
Roth Capital analyst Suji Desilva lowered the firm's price target on Merlin to $15 from $25 and keeps a Buy rating on the shares. The company reported its first public quarter with revenue early in the ramp of a key defense program but positioned for growth over the next several quarters, the analyst tells investors in a research note. Merlin is a relatively differentiated investment opportunity in advanced aviation centered around AI-based autonomy versus prior industry models centered around human pilots, the firm added.
Roth Capital
NULL
to
Buy
upgrade
$15 -> $25
2026-04-16
Reason
Roth Capital
Price Target
$15 -> $25
2026-04-16
upgrade
NULL
to
Buy
Reason
Roth Capital raised the firm's price target on Merlin to $25 from $15 and keeps a Buy rating on the shares. Most revenue to-date is coming from large US government customer programs as expected, and the firm expects a ramp here in the coming quarters, the analyst tells investors in a research note. Roth adds it continues to believe that Merlin is funded with post-business combination of close cash to execute its operating plan for the next few years.
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Valuation Metrics

The current forward P/E ratio for Merlin Inc (MRLN.O) is 0.00, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Merlin Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
Current PE
0.00
Overvalued PE
Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-1.42
Current EV/EBITDA
-0.63
Overvalued EV/EBITDA
-0.92
Undervalued EV/EBITDA
-1.91

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
16.12
Current PS
19.93
Overvalued PS
19.28
Undervalued PS
12.97

Financials

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Frequently Asked Questions

What is Merlin Inc (MRLN) stock price today?

The current price of MRLN is 8 USD — it has increased 6.67

What is Merlin Inc (MRLN)'s business?

Merlin, Inc. is an aerospace and defense technology company. The Company’s non-human pilot system, Merlin Pilot, integrates hardware and software to deliver an autonomous flight solution that spans the flight process from takeoff to touchdown. It utilizes sensor technologies to assess the aircraft’s state and its surrounding environment, allowing it to navigate and recommend trajectory adjustments as necessary. It uses artificial intelligence (AI) to interpret air traffic control voice communications through natural language processing. Its system complements human pilots with software that uses learning techniques for weather navigation and can operate without ground communications and Global Positioning System (GPS) navigation. Its Aircraft Platforms include C-130J and Tactical Autonomy. The C-130J is used in military transport aircraft globally. The Tactical Autonomy focuses on mobility and refueling systems to improve staffing and surge capabilities.

What is the price predicton of MRLN Stock?

Wall Street analysts forecast MRLN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MRLN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Merlin Inc (MRLN)'s revenue for the last quarter?

Merlin Inc revenue for the last quarter amounts to -1.31M USD, increased 656.60

What is Merlin Inc (MRLN)'s earnings per share (EPS) for the last quarter?

Merlin Inc. EPS for the last quarter amounts to USD, decreased -100.00

How many employees does Merlin Inc (MRLN). have?

Merlin Inc (MRLN) has 0 emplpoyees as of May 28 2026.

What is Merlin Inc (MRLN) market cap?

Today MRLN has the market capitalization of 772.19M USD.