MRLN
Merlin, Inc.
$7.89
-8.26%
$717.2M
No data for this timeframe.
Vol
Market Cap$717.2M
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (86%)
Reddit Sentiment41° Cool
SEC Reports7
Press Releases2
Exchange Nasdaq·Sector Services-Computer Integrated Systems Design·Inc. E9·CIK 0002028707·Prev Close $8.60
Recent Activity
Jun 5, 2026
short_volume
Short Volume: MRLN — 57.3% short (6.9M / 12.0M)
Short: 6,877,259 | Exempt: 25,386 | TRF Vol: 11,999,422 | Short Ratio: 57.3% | Off-exchange volume (
May 20, 2026
Insider
George Matthew Spencer sold 531,807 shares
Chief Executive Officer @ $0.00 ($0.00)
May 20, 2026
Insider
Trabuco Carolyn sold 37,500 shares
Director @ $0.00 ($0.00)
May 20, 2026
Insider
Brunner Mark Rawlins sold 225,904 shares
Chief Revenue Officer @ $0.00 ($0.00)
May 14, 2026
SEC
Merlin reported Q1 2026 revenue of $1.0M (up from $0.9M YoY) but GAAP net loss widened to -$90.4M from -$12.7M, driven l
8-K — Impact 5/10
May 14, 2026
SEC
Merlin Labs reported Q1 2026 revenue of $1.0M (up from $0.9M YoY) and a GAAP net loss of $(90.4)M, driven by $(87.8)M in
PRESS-RELEASE — Impact 6/10
May 14, 2026
SEC
Merlin, Inc.'s S-1 registration (File No. 333-295578) became effective on May 13, 2026. This effectiveness covers two pr
EFFECT — Impact 6/10
Apr 29, 2026
Press
Merlin Labs raised $80M via a PIPE from an existing institutional shareholder, issuing 8M shares and warrants for 4M sha
Impact 6/10
Price Targets
$13.00
+75.0% upside
Strong Buy
Current $7.43
Low $11.00
Median $13.00
High $15.00
2 analysts
$11.00
$15.00
Analyst Ratings
2Strong Buy
4Buy
1Hold
0Sell
0Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Jun 3, 2026 | TD Cowen | INITIATE | Buy |
| Apr 16, 2026 | Roth Capital | MAINTAIN | Buy → Buy |
| Apr 14, 2026 | Roth Capital | INITIATE | Buy |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $-0.17 ▼ -75.0% | $-0.18 — $-0.17 | 2 | |
| Next Q | $-0.17 ▼ -70.0% | $-0.18 — $-0.16 | 2 | |
| Current FY | $-1.22 ▼ -205.0% | $-1.72 — $-0.72 | 2 | |
| Next FY | $-0.72 ▼ -105.7% | $-0.73 — $-0.71 | 41% YoY | 2 |
Latest Reports
NEUTRAL
8-K
5/10
Merlin reported Q1 2026 revenue of $1.0M (up from $0.9M YoY) but GAAP net loss widened to -$90.4M from -$12.7M, driven l
May 14, 2026
BEARISH
PRESS-RELEASE
6/10
Merlin Labs reported Q1 2026 revenue of $1.0M (up from $0.9M YoY) and a GAAP net loss of $(90.4)M, driven by $(87.8)M in
May 14, 2026
MIXED
Press
6/10
Merlin Labs raised $80M via a PIPE from an existing institutional shareholder, issuing 8M shares and warrants for 4M sha
Apr 29, 2026
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| May 20, 2026 | George Matthew | A | $0.00 |
| May 20, 2026 | Trabuco Carolyn | A | $0.00 |
| May 20, 2026 | Brunner Mark | A | $0.00 |
| May 20, 2026 | Montelongo Michael | A | $0.00 |
| May 20, 2026 | Ravestein Leslie | A | $0.00 |
Reddit Sentiment
41°▲
Cool
Bearish
Neutral
Bullish
No institutional holding data available yet. Data is sourced from 13F filings which are filed quarterly.
10 unique insiders with 0 transactions. Net insider value: $0.00 ($0.00 bought, $0.00 sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| May 20, 2026 | George Matthew Spencer | Chief Executive Officer | A | 531,807 | $0.00 | $0.00 |
| May 20, 2026 | Trabuco Carolyn | Director | A | 37,500 | $0.00 | $0.00 |
| May 20, 2026 | Brunner Mark Rawlins | Chief Revenue Officer | A | 225,904 | $0.00 | $0.00 |
| May 20, 2026 | Montelongo Michael | Director | A | 37,500 | $0.00 | $0.00 |
| May 20, 2026 | Ravestein Leslie Renee | CLO and Secretary | A | 199,036 | $0.00 | $0.00 |
| May 20, 2026 | Ravestein Leslie Renee | CLO and Secretary | A | 205,475 | $0.00 | $0.00 |
| May 20, 2026 | BLITZER MICHAEL | Director | A | 37,500 | $0.00 | $0.00 |
| May 20, 2026 | BRANNON KELYN | Director | A | 37,500 | $0.00 | $0.00 |
| May 20, 2026 | Smith Robert Hanson | Director | A | 37,500 | $0.00 | $0.00 |
| May 20, 2026 | Braithwaite Kenneth John | Director | A | 37,500 | $0.00 | $0.00 |
| May 20, 2026 | Carrithers Ryan Michael | CFO & Treasurer | A | 256,416 | $0.00 | $0.00 |
| May 20, 2026 | Carrithers Ryan Michael | CFO & Treasurer | A | 806,393 | $0.00 | $0.00 |
| Mar 16, 2026 | George Matthew Spencer | Chief Executive Officer | A | 1,512,485 | $0.00 | $0.00 |
| Mar 16, 2026 | George Matthew Spencer | Chief Executive Officer | A | 14,890,622 | $0.00 | $0.00 |
7 SEC filing reports analyzed. Sentiment: 0 bullish, 5 bearish, 0 mixed, 2 neutral. Avg impact: 5.6/10.
NEUTRAL
8-K
5/10
Merlin reported Q1 2026 revenue of $1.0M (up from $0.9M YoY) but GAAP net loss widened to -$90.4M fr
May 14, 2026
BEARISH
PRESS-RELEASE
6/10
Merlin Labs reported Q1 2026 revenue of $1.0M (up from $0.9M YoY) and a GAAP net loss of $(90.4)M, d
May 14, 2026
BEARISH
EFFECT
6/10
Merlin, Inc.'s S-1 registration (File No. 333-295578) became effective on May 13, 2026. This effecti
May 14, 2026
BEARISH
S-1
5/10
Merlin, Inc. filed an S-1 to register 13,336,000 shares for resale by Alyeska Master Fund, the sole
May 6, 2026
BEARISH
8-K
6/10
Merlin, Inc. raised $80 million through a private placement to Alyeska Master Fund, issuing 8 millio
Apr 29, 2026
NEUTRAL
EFFECT
5/10
Merlin, Inc.'s S-1 registration has become effective, marking the completion of its business combina
Apr 20, 2026
BEARISH
S-1
6/10
Merlin, Inc. is registering shares for issuance and resale following its business combination with I
Apr 15, 2026
Current analyst consensus: Strong Buy (86% buy). Based on 7 analysts: 2 strong buy, 4 buy, 1 hold, 0 sell, 0 strong sell.
Analyst Price Targets
$13.00 mean target
+75.0% upside
Strong Buy (1.00)
$11.00 Low
$15.00 High
| Metric | Value |
|---|---|
| Current Price | $7.43 |
| Target Low | $11.00 |
| Target Mean | $13.00 |
| Target Median | $13.00 |
| Target High | $15.00 |
| # Analysts | 2 |
| Recommendation | Strong Buy (1.00) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$-0.17 | $-0.18 | $-0.17 | — | -75.0% | 0↑ 1↓ | $0.0B | — | 2 |
| Next Q 2026-09-30 |
$-0.17 | $-0.18 | $-0.16 | — | -70.0% | 0↑ 1↓ | $0.0B | — | 2 |
| Current FY 2026-12-31 |
$-1.22 | $-1.72 | $-0.72 | — | -205.0% | 0↑ 1↓ | $0.0B | — | 2 |
| Next FY 2027-12-31 |
$-0.72 | $-0.73 | $-0.71 | 41.0% | -105.7% | 0↑ 1↓ | $0.0B | 109.2% | 2 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $-0.175 | |
| 7d ago | $-0.180 | +0.005 |
| 30d ago | $-0.100 | -0.075 |
| 60d ago | $0.000 | -0.175 |
| 90d ago | $0.000 | -0.175 |
2 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 2 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| Jun 3, 2026 | TD Cowen | INITIATE | — | Buy |
| Apr 16, 2026 | Roth Capital | MAINTAIN | Buy | Buy |
| Apr 14, 2026 | Roth Capital | INITIATE | — | Buy |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 2 | 4 | 1 | 0 | 0 | 86% | |
| May 1, 2026 | 2 | 4 | 1 | 0 | 0 | 86% | |
| Dec 1, 2021 | 2 | 4 | 1 | 0 | 0 | 86% | |
| Nov 1, 2021 | 2 | 4 | 1 | 0 | 0 | 86% | |
| Oct 1, 2021 | 2 | 4 | 1 | 0 | 0 | 86% | |
| Sep 1, 2021 | 2 | 4 | 1 | 0 | 0 | 86% |
Strong BuyBuyHoldSellStrong Sell
No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.
41°
Cool
Bearish
Neutral
Bullish
24 mentions
1 bullish
6 bearish
18 time periods
Reddit Sentiment History
| Date | Mentions | Sentiment | Bullish | Bearish | Threads |
|---|---|---|---|---|---|
| May 23, 2026 | 2 | 58° Warm | 1 | 0 | 2 |
| May 23, 2026 | 2 | 50° Neutral | 0 | 0 | 2 |
| May 22, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 22, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| May 22, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| May 22, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 22, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| May 6, 2026 | 2 | 33° Cool | 0 | 2 | 2 |
| May 6, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| May 6, 2026 | 1 | 40° Cool | 0 | 1 | 1 |
| Apr 22, 2026 | 2 | 50° Neutral | 0 | 0 | 2 |
| Apr 22, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Apr 20, 2026 | 3 | 50° Neutral | 0 | 0 | 3 |
| Apr 20, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Apr 14, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Apr 14, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Apr 14, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
| Apr 14, 2026 | 1 | 50° Neutral | 0 | 0 | 1 |
Recent Reddit Threads
MRLN - The Future of Aviation Autonomy
▲ 1
💬 0
⚡ 0.5
30k YOLO MRLN
▲ 1
💬 0
⚡ 0.5
MRLN - $30k on the future of aviation autonomy
▲ 1
💬 0
⚡ 0.5
30k - MRLN - DD
▲ 1
💬 0
⚡ 0.5
$30k YOLO - MRLN - Never be afraid to be early
▲ 1
💬 0
⚡ 0.5
MRLN DD- $30k bet 🧙
▲ 1
💬 0
⚡ 0.5
$MRLN The Deep State play everyone is missing: how Merlin Labs is turning conventional airframes into autonomous vehicles
▲ 1
💬 0
⚡ 0.5
$MRLN The Deep State play everyone is missing: how Merlin Labs is turning conventional airframes into autonomous vehicles
▲ 1
💬 0
⚡ 0.5
$MRLN The Deep State play everyone is missing: how Merlin Labs is turning conventional airframes into autonomous vehicles
▲ 1
💬 0
⚡ 0.5
$MRLN DD
▲ 1
💬 1
⚡ 0.5
$MRLN DD
▲ 1
💬 1
⚡ 0.5
$262K YOLO in $MRLN: autonomous flight OS for military aircraft, $105M USSOCOM deal, first sell-side coverage just printed $25
▲ 1
💬 0
⚡ 0.5
Merlin Labs $MRLN
▲ 1
💬 0
⚡ 0.5
Jun 5, 2026
short_volume
Short Volume: MRLN — 57.3% short (6.9M / 12.0M)
Short: 6,877,259 | Exempt: 25,386 | TRF Vol: 11,999,422 | Short Ratio: 57.3% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
other
Merlin Successfully Completes Critical Design Review for C-130J Autonomy Program with USSOCOM
CDR approval marks the completion of the final design configuration for the C-130J, advancing the program to the aircraft integration phase <pre>CDR a
Jun 4, 2026
short_volume
Short Volume: MRLN — 57.5% short (0.4M / 0.7M)
Short: 376,351 | Exempt: 29,525 | TRF Vol: 654,207 | Short Ratio: 57.5% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
short_volume
Short Volume: MRLN — 56.1% short (0.6M / 1.0M)
Short: 567,141 | Exempt: 17,444 | TRF Vol: 1,011,036 | Short Ratio: 56.1% | Off-exchange volume (dark pool + OTC)
Jun 1, 2026
other
Merlin, Inc. To Participate in Upcoming Investor Conferences
Company management to present at and/or attend 1x1 investor meetings at three conferences in June <pre>Company management to present at and/or attend
Jun 1, 2026
short_volume
Short Volume: MRLN — 66.3% short (1.0M / 1.5M)
Short: 1,018,256 | Exempt: 56,503 | TRF Vol: 1,536,210 | Short Ratio: 66.3% | Off-exchange volume (dark pool + OTC)
May 29, 2026
short_volume
Short Volume: MRLN — 64.0% short (0.8M / 1.2M)
Short: 767,922 | Exempt: 35,460 | TRF Vol: 1,199,033 | Short Ratio: 64.0% | Off-exchange volume (dark pool + OTC)
May 28, 2026
short_volume
Short Volume: MRLN — 67.6% short (0.5M / 0.7M)
Short: 480,942 | Exempt: 76 | TRF Vol: 710,973 | Short Ratio: 67.6% | Off-exchange volume (dark pool + OTC)
May 27, 2026
short_volume
Short Volume: MRLN — 60.8% short (0.7M / 1.2M)
Short: 709,037 | Exempt: 821 | TRF Vol: 1,166,020 | Short Ratio: 60.8% | Off-exchange volume (dark pool + OTC)
May 21, 2026
short_volume
Short Volume: MRLN — 67.3% short (0.5M / 0.8M)
Short: 516,374 | Exempt: 51 | TRF Vol: 767,151 | Short Ratio: 67.3% | Off-exchange volume (dark pool + OTC)
May 20, 2026
short_volume
Short Volume: MRLN — 58.2% short (0.6M / 1.0M)
Short: 568,413 | Exempt: 5,525 | TRF Vol: 977,226 | Short Ratio: 58.2% | Off-exchange volume (dark pool + OTC)
May 18, 2026
short_volume
Short Volume: MRLN — 59.6% short (0.4M / 0.7M)
Short: 394,555 | Exempt: 100 | TRF Vol: 661,819 | Short Ratio: 59.6% | Off-exchange volume (dark pool + OTC)
May 15, 2026
short_volume
Short Volume: MRLN — 66.5% short (0.5M / 0.8M)
Short: 513,709 | Exempt: 46,486 | TRF Vol: 771,961 | Short Ratio: 66.5% | Off-exchange volume (dark pool + OTC)
May 14, 2026
earnings
Merlin, Inc. Reports First Quarter 2026 Results
Company Introduces Condor, Merlin’s first product, bringing Merlin Pilot to large, multi-crew aircraft for civil and defense missions <pre>Company Int
May 14, 2026
earnings_calendar
MRLN Q1 2026 Earnings Scheduled — 2026-05-14