MERCK & CO. INC. (MRK) Forecast, Price Target & Analyst Ratings

NYSE:MRK • US58933Y1055

Current stock price

121.04 USD
+2.11 (+1.77%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MERCK & CO. INC. (MRK).

Forecast Snapshot

Consensus Price Target

Price Target
$128.08
+ 5.82% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 30, 2026
Period
Q1 / 2026
EPS Estimate
-$1.37
Revenue Estimate
16.061B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
77.78%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$128.08
Upside
+ 5.82%
From current price of $121.04 to mean target of $128.08, Based on 36 analyst forecasts
Low
$95.95
Median
$132.60
High
$157.50

Price Target Revisions

1 Month
7.99%
3 Months
20.64%

Price Target Summary

36 Wall Street analysts provided a forecast for the next 12 months for MRK. The average price target is 128.08 USD. This implies a price increase of 5.82% is expected in the next year compared to the current price of 121.04.
The average price target has been revised upward by 20.64% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MRK Current Analyst RatingMRK Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

MRK Historical Analyst RatingsMRK Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
77.78%
MRK was analyzed by 36 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about MRK.
In the previous month the buy percentage consensus was at a similar level.
MRK was analyzed by 36 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-20CitigroupMaintains Neutral -> Neutral
2026-03-12Wells FargoMaintains Overweight -> Overweight
2026-02-25RBC CapitalInitiate Outperform
2026-02-20BarclaysInitiate Overweight
2026-02-06GuggenheimMaintains Buy -> Buy
2026-02-04Cantor FitzgeraldMaintains Neutral -> Neutral
2026-02-04Wells FargoMaintains Overweight -> Overweight
2026-02-04CitigroupMaintains Neutral -> Neutral
2026-01-27CitigroupMaintains Neutral -> Neutral
2026-01-20TD CowenMaintains Hold -> Hold
2026-01-08Wolfe ResearchUpgrade Peer Perform -> Outperform
2026-01-07UBSMaintains Buy -> Buy
2026-01-07CitigroupMaintains Neutral -> Neutral
2025-12-18BMO CapitalUpgrade Market Perform -> Outperform
2025-12-15B of A SecuritiesMaintains Buy -> Buy
2025-12-12Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-12-04ScotiaBankMaintains Sector Outperform -> Sector Outperform
2025-12-02Goldman SachsMaintains Buy -> Buy
2025-11-24Wells FargoUpgrade Equal-Weight -> Overweight
2025-11-18Deutsche BankMaintains Hold -> Hold
2025-11-03Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-10-13CitigroupReiterate Neutral -> Neutral
2025-09-17BerenbergDowngrade Buy -> Hold
2025-07-30Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-07-10Morgan StanleyMaintains Equal-Weight -> Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 30, 2026
Period
Q1 / 2026
EPS Estimate
-$1.37
Revenue Estimate
16.061B
Revenue Q2Q
3.43%
EPS Q2Q
-161.70%
Number of Analysts
20

Next Earnings Revisions

Revenue (1 Month)
-0.20%
Revenue (3 Months)
-1.08%
EPS (1 Month)
10.51%
EPS (3 Months)
-162.36%

Next Earnings Summary

MRK is expected to report earnings on 4/30/2026. The consensus EPS estimate for the next earnings is -1.37 USD and the consensus revenue estimate is 16.06B USD.
The next earnings revenue estimate has been revised downward by 1.08% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
MRK revenue by date.MRK revenue by date.
60.115B
1.40%		64.168B
6.74%		65.011B
1.31%		67.44B
3.74%		71.126B
5.47%		75.937B
6.76%		75.663B
-0.36%		74.608B
-1.39%		72.925B
-2.26%		72.34B
-0.80%		73.703B
1.88%
EBITDA
YoY % growth
MRK ebitda by date.MRK ebitda by date.
25.027B
3.33%		28.794B
15.05%		32.617B
13.28%		21.599B
-33.78%		33.185B
53.64%		36.14B
8.90%		37.9B
4.87%		34.154B
-9.88%		29.696B
-13.05%		28.289B
-4.74%		27.096B
-4.22%
EBIT
YoY % growth
MRK ebit by date.MRK ebit by date.
21.155B
4.16%		24.295B
14.84%		26.779B
10.22%		18.145B
-32.24%		29.72B
63.79%		32.195B
8.33%		31.146B
-3.26%		29.529B
-5.19%		26.852B
-9.07%		26.435B
-1.55%		26.217B
-0.82%
Operating Margin
MRK operating margin by date.MRK operating margin by date.
35.19%37.86%41.19%26.91%41.79%42.40%41.16%39.58%36.82%36.54%35.57%
EPS
YoY % growth
MRK eps by date.MRK eps by date.
1.50
-79.95%		7.64
409.33%		9.18
20.16%		5.18
-43.62%		9.85
90.33%		10.97
11.36%		10.66
-2.85%		10.28
-3.51%		9.62
-6.49%		9.71
0.99%		10.22
5.29%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		-1.37
-161.70%		1.97
-10.08%		2.55
-4.75%		2.26
8.33%
Revenue
Q2Q % growth		16.061B
3.43%		16.541B
4.65%		17.966B
3.99%		17.228B
5.05%
EBITDA
Q2Q % growth		-1.606B
-122.71%		7.64B
-3.58%		8.705B
-14.92%		N/A
EBIT
Q2Q % growth		-1.987B
-133.27%		5.865B
2.79%		7.473B
8.95%		6.599B
5.82%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MRK Yearly Revenue VS EstimatesMRK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20B 40B 60B
MRK Yearly EPS VS EstimatesMRK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
6.11%
EPS Next 5 Year
2.29%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.09%
Revenue Next 5 Year
2.66%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
10.24%
EBIT Next 5 Year
4.83%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MERCK & CO. INC. / MRK Forecast FAQ

What is the price target for MRK stock?

36 analysts have analysed MRK and the average price target is 128.08 USD. This implies a price increase of 5.82% is expected in the next year compared to the current price of 121.04.

Can you provide the upcoming earnings date for MERCK & CO. INC.?

MERCK & CO. INC. (MRK) will report earnings on 2026-04-30.

Can you provide the consensus estimates for MERCK & CO. INC. next earnings?

The consensus EPS estimate for the next earnings of MERCK & CO. INC. (MRK) is -1.37 USD and the consensus revenue estimate is 16.06B USD.

How do analysts rate MERCK & CO. INC. (MRK)?

The consensus rating for MERCK & CO. INC. (MRK) is 77.7778 / 100 . This indicates that analysts generally have a positive outlook on the stock.