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Merck & Company, Inc.

MRK

Last
$145.55
Day
+2.2%
1y
+62.7%
5y
+71.3%
52w
-9.3%
SPY YTD
+13.3%
XLV
+8.1%
Earnings
2026-10-2919d
EMA 21
144.77
EMA 50
142.03
EMA 200
125.01
20d high
-7.3%
5y high
-9.3%
5y range
83th
Website · 73,000 employees · United States

Positions held

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Score
10
Hold
watch
Signal
Neutral
Target
$153.14
Stop
$137.00
Stop distance
5.9%
Target vs last
+5.2%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.

Bull case
  • Merck's strong market position in the healthcare sector, particularly in drug manufacturing, showcases its competitive advantage and potential for growth.
  • Merck's revenue for 2025 is projected at $65 billion, reflecting a consistent upward trend in sales.
  • The company reported a net income of $18.25 billion for 2025, indicating robust profitability.
Bear case
  • Regulatory challenges and competition in the pharmaceutical industry may impact Merck's future growth and profitability.
  • Merck's operating margin for Q2 2026 was -2.6%, highlighting ongoing operational difficulties.
  • The trailing P/E ratio of 112.65 suggests that the stock may be overvalued compared to its earnings potential.

Fundamentals

Market cap$351.28BEnterprise value$398.10BTrailing P/E113.00Forward P/E15.19
PEG2.61Price / book8.38Beta0.22Dividend yield2.39%
Revenue growth5.1%Earnings growth—Gross margin75.9%Operating margin-0.2%
Profit margin4.8%ROE7.0%ROA11.9%Debt / equity1.28
Current ratio1.32Free cash flow$15.17BAnalyst recommendationbuyMean target$157.28
52w high$156.9252w low$82.01

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$16.6B$16.3B$16.4B$17.3B$15.8B
Op margin-2.6%-19.7%24.8%37.9%35.1%
Net income-$1.3B-$4.2B$3.0B$5.8B$4.4B
Gross margin73.5%74.2%66.2%77.7%77.5%
Gross profit$12.2B$12.1B$10.8B$13.4B$12.2B
Operating income-$433M-$3.2B$4.1B$6.6B$5.6B
  • Revenue +2% vs prior quarter ($16.6B vs $16.3B).
  • Gross margin 73.5% (was 74.2% prior quarter).
  • Operating margin expanded to -2.6%.

Yearly (6y)

20252024202320222021
Revenue$65.0B$64.2B$60.1B$59.3B—
Op margin34.0%31.5%4.9%30.8%—
Net income$18.3B$17.1B$365M$14.5B—
Gross margin74.8%76.3%73.2%70.6%—
Gross profit$48.6B$49.0B$44.0B$41.9B—
Operating income$22.1B$20.2B$3.0B$18.3B—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

MRK · daily+81.2% over 260 sessions
Close EMA21 EMA50 EMA200
73.7395.52117.31139.09160.882025-092025-112026-012026-042026-062026-082026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$4.2B$1.1B$6.5B$11.9B$17.3B-20%29%78%2025-Q22025-Q32025-Q42026-Q12026-Q2