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Merlin, Inc. (MRLN) stock

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NASDAQ: MRLN Nasdaq IT Consulting & Other Services Next results ~November 12, 2026

Merlin, Inc. is a US-listed company in the IT consulting & other services industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds52 adding, 15 cuttingOf 14 active managers that changed their stake, 10 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Current signal Results well short of expectations: Reported earnings per share missed the analysts' consensus estimate by 335% in the quarter to 2026-06-30.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Merlin, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Volatile shares. Over the past year the shares showed annualised volatility of 122% and a beta of 2.2 against the S&P 500.

Latest results

Earnings per share
-$1.06 against an average estimate of -$0.24: missed by 335.0%
Share reaction
-9.7% in the first session after the results on August 13, 2026, against +0.5% for the S&P 500
Next report
November 12, 2026; average EPS estimate -$0.30

Merlin's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.1%
  • 1 week+9.8%
  • 1 month-44.9%
  • This year-91.2%
  • 1 year-91.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Earnings

Last results
August 13, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Merlin, Inc. valuation models and calculator

No model value for Merlin, Inc. at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, after the close. Analysts expect revenue of $2m and EPS of −$0.30 (range −$0.41 to −$0.16) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$1.90 — $8m —
Next −$1.10 +42% $21m +153%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +55.7% on 90 days ago. In the last 30 days, 0 analysts raised Merlin, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Merlin, Inc., last 90 days
−$2.00 −$1.50 −$1.00 −$0.50 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$1.22 Current fiscal year, 60 days ago: −$1.22 Current fiscal year, 30 days ago: −$1.90 Current fiscal year, 7 days ago: −$1.90 Current fiscal year, Now: −$1.90 −$1.90 Next fiscal year, 90 days ago: −$0.72 Next fiscal year, 60 days ago: −$0.72 Next fiscal year, 30 days ago: −$1.02 Next fiscal year, 7 days ago: −$1.02 Next fiscal year, Now: −$1.10 −$1.10

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$1.22−$0.72
60 days ago −$1.22−$0.72
30 days ago −$1.90−$1.02
7 days ago −$1.90−$1.02
Now −$1.90−$1.10

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.24 −$1.06 −335.0%
Mar 2026 −$0.10 −$0.32 −224.6%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

6 analysts, Oct 2026
Buy6100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026156
  2. Sep 2026156
  3. Aug 202644
  4. Jul 202644

Counts of recommendations published by analysts covering Merlin, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
—
of tradable shares
Days to cover
2.72
at average volume
Short interest, 1 month
+12%
to October 15, 2026
Held by institutions
24%
of shares
Held by insiders
62.2%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 20252026 to date
Return
MRLN+9%−91%
Industry peers (median)−23%−13%
S&P 500+18%+11%
Months that ended higher
MRLN83%18%
S&P 50075%46%
Largest fall from a high during the year
MRLN−17%−95%
S&P 500−19%−9%

Worst fall since December 2, 2024: 95% from April 16, 2026 to October 22, 2026. Getting back needed a 1839% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$0.83 – $16.09
From 52-week high
−94.1%
vs 50-day average
−52.4%
vs 200-day average
−85.4%
Volatility (1 year)
122%
Beta vs S&P 500
2.16

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
0 up, 2 down
typical move ±12.4%
After a week
0 up, 2 down
typical move ±13.8%
After a month
0 up, 2 down
typical move ±18.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 13, 2026 −9.7% +0.5% −19.0% −26.9%
May 14, 2026 −15.1% −0.4% −8.6% −10.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms . Generated November 3, 2026. Definitions in our methodology.

Who owns it

Funds buying and selling
Reported value
$88.9M
Institutions reporting
62
Shares held vs prior quarter
▲ 320.7%
Positions opened / closed
44 / 10

Top buyers and sellers, Q2 2026: 52 institutions bought and 15 sold ; the biggest buyer was Alyeska Investment Group, L.P (+7.4M shares) and the biggest seller Exoduspoint Capital Management, LP (−258K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Alyeska Investment Group, L.P. $42.1M 7.4M 47.4% New
Baillie Gifford & Co $11.5M 2.0M 12.9% 0.0%
UBS Group AG $5.9M 1.0M 6.6% ▲ 279.0%
Blackrock, Inc. $4.1M 712K 4.6% New
Xtx Topco Ltd $2.5M 432K 2.8% ▲ 1353.8%
Geode Capital Management, LLC $2.4M 427K 2.7% ▲ 753.5%
Vanguard Capital Management LLC $2.2M 392K 2.5% New
Susquehanna International Group, LLP $2M 359K 2.3% New
Jane Street Group, LLC $1.6M 281K 1.8% ▲ 435.4%
Charles Schwab Investment Management Inc $1.3M 224K 1.4% New
Vanguard Fiduciary Trust Co $1.1M 185K 1.2% New
Marshall Wace, LLP $1M 176K 1.1% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Merlin, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • August 13, 2026
  • May 14, 2026

Recent SEC filings

Data status

When each part of this page on Merlin, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Merlin, Inc. in brief

What does Merlin, Inc. do?
Merlin, Inc. is a US-listed company in the IT consulting & other services industry. Its financial year ends in December.
What is Merlin, Inc.'s stock ticker?
Merlin, Inc. trades under the ticker MRLN on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Merlin, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Alyeska Investment Group, L.P., Baillie Gifford & Co and UBS Group AG. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
When is Merlin, Inc.'s next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Merlin, Inc. announces its own schedule.