View ValuationMerlin 향후 성장Future 기준 점검 2/6Merlin (는) 각각 연간 108.5% 및 86.9% 수익과 수익이 증가할 것으로 예상됩니다.핵심 정보108.5%이익 성장률n/aEPS 성장률Aerospace & Defense 이익 성장18.0%매출 성장률86.9%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트17 Jun 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesSeeking Alpha • Jun 19Merlin: Another De-Risking Event Could Unlock Meaningful UpsideSummary Merlin Inc. is rated a buy with a 24% FY 2026 upside, targeting $8.3 per share. MRLN’s investment thesis hinges on the successful execution of technical milestones, especially under its $105M USSOCOM contract. Liquidity stands at $183M post-PIPE, but ongoing cash burn implies a runway of up to 8 quarters before further capital needs. High risk remains due to dilution, technical integration risks, and limited near-term revenue visibility, but upside exists if milestones are met. Read the full article on Seeking Alpha속보 • Jun 07Merlin Advances C-130J Autonomy Program and Sees Over 29% Stock SurgeMerlin completed the Critical Design Review for its C-130J autonomy program with U.S. Special Operations Command, confirming the design is ready to move into aircraft integration and testing. The program advances under a $105m-plus IDIQ contract that could extend to other Department of Defense platforms and potentially to commercial aviation. Merlin’s stock moved sharply higher around the announcement, with pre- and post-market gains above 29%, and some analysts cited early revenue visibility from large military contracts and the broader aviation autonomy market. The key takeaway is that Merlin has cleared a major technical and contractual hurdle. This moves its AI autonomy stack closer to real-world deployment on large military aircraft under an existing IDIQ framework. Investors should keep in mind that while the milestone and stock reaction signal strong interest, future program phases, test outcomes and the pace of any expansion across platforms or into commercial use remain important sources of execution risk.공시 • May 17Merlin Inc Announces Merlin Pilot for Commercial CargoMerlin, Inc. announced Merlin Pilot for Commercial Cargo, which aims to bring its aircraft-agnostic AI-powered autonomy core to commercial transport, starting with cargo aircraft. Merlin Pilot for Commercial Cargo is part of Condor, Merlin’s new product family for large, multi-crew aircraft, which would apply the Merlin Pilot autonomy core across both civil and military platforms, from Part 25 aircraft to military transports such as the C-130J. Condor is the first product family Merlin is planning to bring to market utilizing the Merlin Pilot platform. Merlin is working to bring next-generation technology to civil cargo as the global air freight market continues to expand. According to Boeing, the fleet of large cargo aircraft is projected to grow from roughly 2,340 today to nearly 3,900 over the next two decades, with more than 2,800 production and conversion deliveries forecasted. At the same time, cargo operators are looking beyond the traditional scale-restricted operating model where a number of pilots per aircraft manage all in-flight tasks and decision making. The industry’s growing interest in autonomy reflects an evolution toward broader thinking about how aircraft are designed, operated, and scaled to meet demand over the long term. Merlin Pilot works alongside pilots in real-time to extend crew capabilities and scale operations beyond the limits of the traditional model. Integrating into existing and new cargo aircraft, Merlin Pilot is designed to provide operators a practical pathway to autonomy. From takeoff to touchdown, Merlin Pilot is being built to manage systems, monitor the environment, and handle communications, allowing flight crews to focus where human judgment matters most. Merlin believes bringing these capabilities to commercial cargo operations will enhance both safety and operational performance. The Merlin Pilot system has already logged hundreds of flights across multiple aircraft platforms, providing a strong foundation for its ongoing civil certification path. The same system is being tested under contract with the U.S. Special Operations Command (USSOCOM), where it is advancing through a rigorous airworthiness process on the C-130J. The program achieved its latest milestone in March 2026 when Merlin successfully completed the Preliminary Design Review (PDR), advancing efforts toward eventual integration and flight testing. Merlin is already collaborating with World Star Aviation, a freighter lessor, and is developing additional relationships with key players in the commercial cargo conversion market. Together, these collaborations have the potential to establish a framework for integrating Merlin Pilot into the converted commercial cargo airframes that the global cargo market actually flies.공시 • May 08Merlin, Inc. to Report Q1, 2026 Results on May 14, 2026Merlin, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 14, 2026공시 • Apr 30Merlin, Inc. announced that it expects to receive $80 million in funding from Alyeska Investment Group, L.P.Merlin, Inc. announced that it has entered into a securities purchase agreement (the “ Purchase Agreement ”) with the purchaser named therein Alyeska Master Fund, L.P. to issue 8,000,000 shares at an issue price of $10 per share for gross proceeds of $80,000,000 and 4,000,000 warrants on April 29, 2026. The Company intends to close the Private Placement and issue the Securities on May 1, 2026. The Private Placement is exempt from the registration requirements of the Securities Act pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act and in reliance on similar exemptions under applicable state laws. The Purchaser represented that it is an accredited investor within the meaning of Rule 501(a) of Regulation D and is acquiring the Securities and Underlying Shares as principal for its own account and not with a view to or for distributing or reselling the Securities and Underlying Shares.공시 • Apr 14Merlin, Inc. Appoints Mark Brunner as Chief Revenue OfficerMerlin, Inc. announced the appointment of Mark Brunner as Chief Revenue Officer. Brunner will lead global revenue strategy and growth initiatives as the company scales the Merlin Pilot across defense and civil aviation programs, playing a critical role as Merlin enters its next chapter as a publicly traded company. Brunner is an industry veteran with more than 25 years of experience spanning military service, defense policy, and business development at the intersection of government and advanced technology. He brings a deep understanding of how innovation moves from emerging capability to scaled adoption, with a proven track record driving strategy, government relations, growth, and business development across the national security and technology sectors. Prior to joining Merlin, he led public sector growth initiatives at PsiQuantum and served as President of Public Sector at Primer AI, where he built and expanded the company’s government business around large language model technology. Earlier in his career, he advised leading defense and technology companies on market strategy at The Cohen Group and spent six years as Senior Advisor to U.S. Senator Mark Warner of Virginia, shaping defense and technology policy initiatives. He also served 20 years in the U.S. Navy as a pilot, bringing operational experience that informs his approach to scaling mission-critical technologies.공시 • Mar 31Merlin, Inc. Appoints Michael Baker as Chief Marketing OfficerMerlin, Inc. announced the appointment of Michael Baker as Chief Marketing Officer. Baker joins Merlin as the company enters a new chapter as a publicly traded company, bringing nearly 15 years of experience leading brand, content, and communications programs at high-growth technology companies. At Merlin, he will lead all brand and marketing initiatives as the company scales Merlin Pilot across defense and civil aviation programs worldwide. Baker joins Merlin directly from 3D printing company Formlabs, where he served for nearly six years, most recently as Global Head of Brand and Communications. Prior to Formlabs, Baker served as a marketing director at Lola.com amongst other senior content and communications leadership roles.이익 및 매출 성장 예측NasdaqGM:MRLN - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202746-52-45-43212/31/202622-129-45-4923/31/20268-500-73-70N/A12/31/20258-420-60-60N/A9/30/20257-415-57-56N/A12/31/20241-55-47-45N/A12/31/20231-36-37-32N/A애널리스트 향후 성장 전망수입 대 저축률: MRLN 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 vs 시장: MRLN 향후 3년 동안 수익성이 없을 것으로 예상됩니다.고성장 수익: MRLN 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 대 시장: MRLN 의 수익(연간 86.9%)이 US 시장(연간 12.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: MRLN 의 수익(연간 86.9%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: MRLN의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/30 08:03종가2026/06/30 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Merlin, Inc.는 2명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Suji DesilvaRoth Capital PartnersGautam KhannaTD Cowen
Seeking Alpha • Jun 19Merlin: Another De-Risking Event Could Unlock Meaningful UpsideSummary Merlin Inc. is rated a buy with a 24% FY 2026 upside, targeting $8.3 per share. MRLN’s investment thesis hinges on the successful execution of technical milestones, especially under its $105M USSOCOM contract. Liquidity stands at $183M post-PIPE, but ongoing cash burn implies a runway of up to 8 quarters before further capital needs. High risk remains due to dilution, technical integration risks, and limited near-term revenue visibility, but upside exists if milestones are met. Read the full article on Seeking Alpha
속보 • Jun 07Merlin Advances C-130J Autonomy Program and Sees Over 29% Stock SurgeMerlin completed the Critical Design Review for its C-130J autonomy program with U.S. Special Operations Command, confirming the design is ready to move into aircraft integration and testing. The program advances under a $105m-plus IDIQ contract that could extend to other Department of Defense platforms and potentially to commercial aviation. Merlin’s stock moved sharply higher around the announcement, with pre- and post-market gains above 29%, and some analysts cited early revenue visibility from large military contracts and the broader aviation autonomy market. The key takeaway is that Merlin has cleared a major technical and contractual hurdle. This moves its AI autonomy stack closer to real-world deployment on large military aircraft under an existing IDIQ framework. Investors should keep in mind that while the milestone and stock reaction signal strong interest, future program phases, test outcomes and the pace of any expansion across platforms or into commercial use remain important sources of execution risk.
공시 • May 17Merlin Inc Announces Merlin Pilot for Commercial CargoMerlin, Inc. announced Merlin Pilot for Commercial Cargo, which aims to bring its aircraft-agnostic AI-powered autonomy core to commercial transport, starting with cargo aircraft. Merlin Pilot for Commercial Cargo is part of Condor, Merlin’s new product family for large, multi-crew aircraft, which would apply the Merlin Pilot autonomy core across both civil and military platforms, from Part 25 aircraft to military transports such as the C-130J. Condor is the first product family Merlin is planning to bring to market utilizing the Merlin Pilot platform. Merlin is working to bring next-generation technology to civil cargo as the global air freight market continues to expand. According to Boeing, the fleet of large cargo aircraft is projected to grow from roughly 2,340 today to nearly 3,900 over the next two decades, with more than 2,800 production and conversion deliveries forecasted. At the same time, cargo operators are looking beyond the traditional scale-restricted operating model where a number of pilots per aircraft manage all in-flight tasks and decision making. The industry’s growing interest in autonomy reflects an evolution toward broader thinking about how aircraft are designed, operated, and scaled to meet demand over the long term. Merlin Pilot works alongside pilots in real-time to extend crew capabilities and scale operations beyond the limits of the traditional model. Integrating into existing and new cargo aircraft, Merlin Pilot is designed to provide operators a practical pathway to autonomy. From takeoff to touchdown, Merlin Pilot is being built to manage systems, monitor the environment, and handle communications, allowing flight crews to focus where human judgment matters most. Merlin believes bringing these capabilities to commercial cargo operations will enhance both safety and operational performance. The Merlin Pilot system has already logged hundreds of flights across multiple aircraft platforms, providing a strong foundation for its ongoing civil certification path. The same system is being tested under contract with the U.S. Special Operations Command (USSOCOM), where it is advancing through a rigorous airworthiness process on the C-130J. The program achieved its latest milestone in March 2026 when Merlin successfully completed the Preliminary Design Review (PDR), advancing efforts toward eventual integration and flight testing. Merlin is already collaborating with World Star Aviation, a freighter lessor, and is developing additional relationships with key players in the commercial cargo conversion market. Together, these collaborations have the potential to establish a framework for integrating Merlin Pilot into the converted commercial cargo airframes that the global cargo market actually flies.
공시 • May 08Merlin, Inc. to Report Q1, 2026 Results on May 14, 2026Merlin, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 14, 2026
공시 • Apr 30Merlin, Inc. announced that it expects to receive $80 million in funding from Alyeska Investment Group, L.P.Merlin, Inc. announced that it has entered into a securities purchase agreement (the “ Purchase Agreement ”) with the purchaser named therein Alyeska Master Fund, L.P. to issue 8,000,000 shares at an issue price of $10 per share for gross proceeds of $80,000,000 and 4,000,000 warrants on April 29, 2026. The Company intends to close the Private Placement and issue the Securities on May 1, 2026. The Private Placement is exempt from the registration requirements of the Securities Act pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act and in reliance on similar exemptions under applicable state laws. The Purchaser represented that it is an accredited investor within the meaning of Rule 501(a) of Regulation D and is acquiring the Securities and Underlying Shares as principal for its own account and not with a view to or for distributing or reselling the Securities and Underlying Shares.
공시 • Apr 14Merlin, Inc. Appoints Mark Brunner as Chief Revenue OfficerMerlin, Inc. announced the appointment of Mark Brunner as Chief Revenue Officer. Brunner will lead global revenue strategy and growth initiatives as the company scales the Merlin Pilot across defense and civil aviation programs, playing a critical role as Merlin enters its next chapter as a publicly traded company. Brunner is an industry veteran with more than 25 years of experience spanning military service, defense policy, and business development at the intersection of government and advanced technology. He brings a deep understanding of how innovation moves from emerging capability to scaled adoption, with a proven track record driving strategy, government relations, growth, and business development across the national security and technology sectors. Prior to joining Merlin, he led public sector growth initiatives at PsiQuantum and served as President of Public Sector at Primer AI, where he built and expanded the company’s government business around large language model technology. Earlier in his career, he advised leading defense and technology companies on market strategy at The Cohen Group and spent six years as Senior Advisor to U.S. Senator Mark Warner of Virginia, shaping defense and technology policy initiatives. He also served 20 years in the U.S. Navy as a pilot, bringing operational experience that informs his approach to scaling mission-critical technologies.
공시 • Mar 31Merlin, Inc. Appoints Michael Baker as Chief Marketing OfficerMerlin, Inc. announced the appointment of Michael Baker as Chief Marketing Officer. Baker joins Merlin as the company enters a new chapter as a publicly traded company, bringing nearly 15 years of experience leading brand, content, and communications programs at high-growth technology companies. At Merlin, he will lead all brand and marketing initiatives as the company scales Merlin Pilot across defense and civil aviation programs worldwide. Baker joins Merlin directly from 3D printing company Formlabs, where he served for nearly six years, most recently as Global Head of Brand and Communications. Prior to Formlabs, Baker served as a marketing director at Lola.com amongst other senior content and communications leadership roles.