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Merck & Co., Inc. (MRK)

146.73 -0.21 (-0.14%)
At close: November 6 at 4:03:31 PM EST
148.24 +1.51 (+1.03%)
Overnight: 1:57:57 AM EST
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What's happening with MRK?

56m ago
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Merck’s Q3 2026 results showed continued growth from Keytruda and newer products, while management raised its full-year sales and adjusted earnings outlook. The central investment issue remains Keytruda’s expected U.S. loss of exclusivity beginning in 2028, with business development and pipeline investments serving as the main offsets. Recent coverage also points to vaccine weakness, generic competition, and moderate 2027 growth as key watchpoints.

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  • Previous Close 146.94
  • Open 144.34
  • Bid --
  • Ask --
  • Day's Range 142.80 - 147.48
  • 52 Week Range 85.80 - 156.92
  • Volume 7,462,267
  • Avg. Volume 10,364,670
  • Market Cap (intraday) 361.725B
  • Beta (5Y Monthly) 0.12
  • PE Ratio (TTM) 148.21
  • EPS (TTM) 0.99
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield 3.40 (2.32%)
  • 1y Target Est 161.52
  • Morningstar Rating Rating available with Stock Picks access

Merck & Co., Inc. operates as a healthcare company worldwide. It offers human health pharmaceutical for various areas under the Keytruda, Keytruda Qlex, Welireg, Gardasil, ProQuad, M-M-R II, Varivax, Vaxneuvance, Capvaxive, RotaTeq, Pneumovax 23, Bridion, Prevymis, Dificid, Zerbaxa, Winrevair, Adempas/ Verquvo, Ohtuvayre, Lagevrio, Isentress/Isentress HD, Delstrigo, Pifeltro, Belsomra, Januvia, and Janumet brands. The company also provides veterinary pharmaceuticals, vaccines and health management solutions and services, such as livestock products under the Nuflor, Bovilis/Vista, Bovilis Cryptium, Banamine, Estrumate, Matrix, Resflor, Zuprevo, Revalor, Safe-Guard, M+Pac, Porcilis, Circumvent, Nobilis/Innovax, Paracox and Coccivac, Exzolt, Slice, Imvixa, Clynav, Aquavac/Norvax, Aquaflor, Flexolt brands; Allflex Livestock Intelligence solutions; and companion animal products under the Bravecto One-Month, Bravecto Injectable/Quantum, Bravecto TriUNO, Bravecto Plus, Sentinel Spectrum, Sentinel Flavor Tabs, Numelvi, Optimmune, Nobivac NXT, GilvetMab, Otomax, Mometamax, Mometamax Ultra, Posatex, Caninsulin/Vetsulin, Panacur, Safeguard, Regumate, Prestige, Scalibor/Exspot, Sure Petcare, and Home Again brands. It has development and commercialization agreement for three of Daiichi Sankyo's deruxtecan ADC candidates; AstraZeneca PLC to co-development and co-commercialize AstraZeneca's Lynparza products for multiple cancer types; licensed to develop, manufacture and commercialize LM-299, a novel investigational PD-1/VEGF bispecific antibody from LaNova; and collaboration agreement with Eisai Co., Ltd., Bayer AG, and Ridgeback Biotherapeutics LP, as well Moderna, Inc. Merck & Co., Inc. has strategic collaboration with Infinimmune, Inc. to discover and develop antibodies against multiple therapeutic targets. The company was founded in 1891 and is headquartered in Rahway, New Jersey.

www.merck.com

73,000

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Recent News

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Performance Overview

Trailing total returns as of 11/6/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

MRK
42.27%
S&P 500 (^GSPC)
7.76%

1-Year Return

MRK
76.08%
S&P 500 (^GSPC)
9.77%

3-Year Return

MRK
54.10%
S&P 500 (^GSPC)
68.96%

5-Year Return

MRK
109.51%
S&P 500 (^GSPC)
57.04%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 18.09B
Earnings 5.07B
Profit Margin 28.01%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
5B
10B
15B
-20.0%
-10.0%
0.0%
10.0%
20.0%

Analyst Insights

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Analyst Price Targets

105.00 Low
161.52 Average
146.73 Current
186.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 11/2/2026
Analyst Freedom Broker
Rating Action Maintains
Rating Hold
Price Action Raises
Price Target 125 -> 140

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    3.64%

  • Return on Assets (ttm)

    11.29%

  • Return on Equity (ttm)

    5.06%

  • Revenue (ttm)

    67.38B

  • Net Income Avi to Common (ttm)

    2.45B

  • Diluted EPS (ttm)

    0.99

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    9.65B

  • Total Debt/Equity (mrq)

    119.93%

  • Levered Free Cash Flow (ttm)

    14.02B

Company Insights

Research Reports

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