Merck & Co., Inc. (MRK)

US — Healthcare Sector
Peers: NVO  NVS  ABT  GILD  PFE  AMGN  AZN  TMO  SNY  GSK 

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Key Metrics & Ratings

  • symbol MRK
  • Rev/Share 26.1097
  • Book/Share 20.8469
  • PB 5.7232
  • Debt/Equity 0.0
  • CurrentRatio 0.0
  • ROIC 0.0

 

  • MktCap 298010509297.0
  • FreeCF/Share 4.2315
  • PFCF 28.285
  • PE 16.2743
  • Debt/Assets 0.0
  • DivYield 0.0275
  • ROE 0.3631

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 4
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade MRK Wolfe Research Peer Perform Outperform -- $135 Jan. 8, 2026
Upgrade MRK BMO Capital Markets Market Perform Outperform -- $130 Dec. 18, 2025
Upgrade MRK Wells Fargo Equal Weight Overweight -- $125 Nov. 24, 2025
Initiation MRK Scotiabank -- Sector Outperform -- $105 Nov. 13, 2025
Resumed MRK Citigroup -- Neutral -- $95 Oct. 13, 2025
Downgrade MRK Berenberg Buy Hold -- $90 Sept. 17, 2025
Downgrade MRK Citigroup Buy Neutral -- $84 May 14, 2025
Initiation MRK Cantor Fitzgerald -- Neutral -- $85 April 22, 2025
Downgrade MRK Deutsche Bank Buy Hold $128 $105 Feb. 18, 2025
Downgrade MRK TD Cowen Buy Hold $121 $100 Feb. 10, 2025

News

Merck: The Spike Doesn't Make It Overvalued
MRK
Published: February 09, 2026 by: Seeking Alpha
Sentiment: Neutral

Merck has surged more than 50% in six months, underpinned by a robust asset portfolio and strong shareholder return strategy. Keytruda, MRK's top-selling drug, faces a 2028 patent cliff, but ongoing innovation and new approvals like Qlex aim to mitigate revenue risk. Despite Gardasil's recent sales decline, MRK's vaccine portfolio remains resilient, with Capvaxive sales up 460% to more than $1 billion annualized.

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image for news Merck: The Spike Doesn't Make It Overvalued
Merck: A Buy For 2026, But The Clock Is Still Ticking
MRK
Published: February 09, 2026 by: Seeking Alpha
Sentiment: Negative

Merck is rated Buy after extending Keytruda's patent protection to late-2029, delaying the anticipated patent cliff, and unlocking significant near-term value. The extended exclusivity creates a one-time cash windfall and enables deeper penetration of Keytruda QLEX, potentially adding $10/share in 'hidden alpha.' MRK's 40:30:30 strategy—QLEX migration, pipeline execution, and business development—offers a realistic path to offset Keytruda's eventual decline.

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image for news Merck: A Buy For 2026, But The Clock Is Still Ticking
Wall Street Roundup: Risk Off
AAPL, ADBE, AMD, AMGN, AMZN, APP, CAT, COIN, CRM, F, GOOG, GOOGL, HIMS, HOOD, HSY, KO, META, MRK, MSFT, MSTR, NOW, ORCL, PEP, PLTR, SHOP
Published: February 06, 2026 by: Seeking Alpha
Sentiment: Negative

Risk-off sentiment is driving sharp sell-offs in Bitcoin and major software stocks, with investors reallocating away from stretched tech valuations. AI-driven CapEx arms race at Alphabet (GOOGL) and Amazon (AMZN) is sparking concerns about profitability and sector disruption, despite strong revenue growth.

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image for news Wall Street Roundup: Risk Off
Merck's Subdued 2026 Outlook: What it Means After Q4 Results?
MRK
Published: February 06, 2026 by: Zacks Investment Research
Sentiment: Negative

MRK posts conservative 2026 sales and EPS outlook, given acquisition charges. Keytruda, Animal Health and new drug launches are expected to drive 2026 growth.

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image for news Merck's Subdued 2026 Outlook: What it Means After Q4 Results?
Merck & Co., Inc. (MRK) Q4 2025 Earnings Call Transcript
MRK
Published: February 03, 2026 by: Seeking Alpha
Sentiment: Neutral

Merck & Co., Inc. (MRK) Q4 2025 Earnings Call Transcript

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image for news Merck & Co., Inc. (MRK) Q4 2025 Earnings Call Transcript
MRK Q4 Earnings & Sales Beat Estimates, Stock Down on Weak '26 View
MRK
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Negative

Merck tops Q4 EPS and sales estimates as Keytruda drives growth, but shares fall in pre-market trading as 2026 guidance disappoints.

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image for news MRK Q4 Earnings & Sales Beat Estimates, Stock Down on Weak '26 View
Merck (MRK) Reports Q4 Earnings: What Key Metrics Have to Say
MRK
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Positive

Although the revenue and EPS for Merck (MRK) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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image for news Merck (MRK) Reports Q4 Earnings: What Key Metrics Have to Say
2 Pharma Stocks React to Quarterly Results, Guidance
MRK, PFE
Published: February 03, 2026 by: Schaeffers Research
Sentiment: Negative

Pfizer Inc (NYSE:PFE) shares are down 3.2% to trade at $25.40 at last check, despite surpassing earnings and revenue expectations for the fourth quarter.

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image for news 2 Pharma Stocks React to Quarterly Results, Guidance
Merck shares dip as 2026 outlook misses Wall Street expectations
MRK
Published: February 03, 2026 by: Proactive Investors
Sentiment: Negative

Merck & Co Inc (NYSE:MRK, XETRA:6MK) shares fell 2% at Tuesday's opening bell after the drugmaker issued a 2026 outlook that came in below Wall Street expectations, overshadowing a fourth-quarter earnings and revenue beat. Merck forecast 2026 revenue of $65.5 billion to $67.0 billion, compared with analysts' estimates of $67.6 billion, and adjusted earnings of $5 to $5.15 per share versus expectations of $5.36.

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image for news Merck shares dip as 2026 outlook misses Wall Street expectations
Merck (MRK) Q4 Earnings and Revenues Beat Estimates
MRK
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Positive

Merck (MRK) came out with quarterly earnings of $2.04 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.72 per share a year ago.

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image for news Merck (MRK) Q4 Earnings and Revenues Beat Estimates
Merck's outlook for 2026 comes in lower-than-expected as pipeline faces make-or-break year
MRK
Published: February 03, 2026 by: Market Watch
Sentiment: Negative

Merck's stock falls as the full-year revenue and profit outlooks were below expectations.

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image for news Merck's outlook for 2026 comes in lower-than-expected as pipeline faces make-or-break year
Merck Expects Slower Earnings Growth As It Spends on Acquisitions
MRK
Published: February 03, 2026 by: WSJ
Sentiment: Neutral

Merck recorded higher revenue in its fourth quarter, but expects earnings growth to slow as it ramps up acquisitions.

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image for news Merck Expects Slower Earnings Growth As It Spends on Acquisitions
Merck tops quarterly estimates, posts modest 2026 guidance as generic competition looms
MRK
Published: February 03, 2026 by: CNBC
Sentiment: Neutral

Merck reported fourth-quarter earnings and revenue that topped estimates on strong demand for its cancer immunotherapy Keytruda and some newer products. But Merck posted a modest 2026 outlook that fell short of Wall Street's expectations, as the company prepares for a few drugs to lose patent protection later this year and face generic competition.

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image for news Merck tops quarterly estimates, posts modest 2026 guidance as generic competition looms
Merck & Co., Inc., Rahway, N.J., USA Announces Fourth-Quarter and Full-Year 2025 Financial Results; Highlights Progress Advancing Broad, Diverse Pipeline
MRK
Published: February 03, 2026 by: Business Wire
Sentiment: Neutral

RAHWAY, N.J.--(BUSINESS WIRE)--Merck & Co., Inc., Rahway, N.J., USA Announces Fourth-Quarter and Full-Year 2025 Financial Results.

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image for news Merck & Co., Inc., Rahway, N.J., USA Announces Fourth-Quarter and Full-Year 2025 Financial Results; Highlights Progress Advancing Broad, Diverse Pipeline
Market Indexes Bounce Back to Start a New Trading Week
AMD, DIS, MRK, NXPI, PEP, PLTR, PYPL, SHOP
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Positive

Improved Manufacturing data joined another strong tranche of Q4 earnings reports today.

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image for news Market Indexes Bounce Back to Start a New Trading Week
Merck Reports Earnings Tuesday Morning After Gaining 13% Over the Past Year
MRK
Published: February 02, 2026 by: 24/7 Wall Street
Sentiment: Positive

Merck & Co. reports Q4 2025 earnings on Tuesday, Feb. 3, 2026, before market open.

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image for news Merck Reports Earnings Tuesday Morning After Gaining 13% Over the Past Year
What's in Store for These 5 Pharma Bigwigs This Earnings Season?
BMY, LLY, MRK, NVO, PFE
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Neutral

As earnings season accelerates, pharma heavyweights LLY, MRK, NVO, BMY and PFE prepare to reveal their Q4 results amid a strong sector start.

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image for news What's in Store for These 5 Pharma Bigwigs This Earnings Season?
Curious about Merck (MRK) Q4 Performance? Explore Wall Street Estimates for Key Metrics
MRK
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Positive

Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Merck (MRK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2025.

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image for news Curious about Merck (MRK) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Merck & Co., Inc. (MRK) Is a Trending Stock: Facts to Know Before Betting on It
MRK
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Positive

Merck (MRK) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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image for news Merck & Co., Inc. (MRK) Is a Trending Stock: Facts to Know Before Betting on It
Merck's Non-Oncology Drugs Q4 Performance: What to Expect
MRK
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Neutral

MRK's focus shifts beyond Keytruda in Q4 as investors watch new products Capvaxive and Winrevair, as well as Animal Health business sales performance.

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image for news Merck's Non-Oncology Drugs Q4 Performance: What to Expect
What's Fueling The Rally In Merck Stock?
MRK
Published: January 28, 2026 by: Forbes
Sentiment: Positive

Merck (MRK)'s stock surged by 41% in the last six months, driven not only by a modest revenue increase but also by a significant profit jump and heightened investor confidence.

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image for news What's Fueling The Rally In Merck Stock?
Brokers Suggest Investing in Merck (MRK): Read This Before Placing a Bet
MRK
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Negative

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

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image for news Brokers Suggest Investing in Merck (MRK): Read This Before Placing a Bet
Merck (MRK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
MRK
Published: January 27, 2026 by: Zacks Investment Research
Sentiment: Neutral

Merck (MRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Merck (MRK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ABBV vs. MRK: An Oncology-Immunology Showdown for Investors
ABBV, MRK
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Positive

ABBV has rebounded after Humira patent cliff, with Skyrizi and Rinvoq driving growth. Rising estimates and a pipeline set to power earnings into 2029 bode well.

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image for news ABBV vs. MRK: An Oncology-Immunology Showdown for Investors
MRNA & MRK's Personalized Cancer Therapy Delivers Strong 5-Year Data
MRK, MRNA
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Negative

Moderna rises after five-year phase IIb data show the combo of intismeran autogene plus Keytruda cuts recurrence or death risk by 49% in high-risk melanoma.

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image for news MRNA & MRK's Personalized Cancer Therapy Delivers Strong 5-Year Data
Merck partners with global health coalition to develop affordable Ebola vaccine
MRK
Published: January 21, 2026 by: Reuters
Sentiment: Positive

Merck and the Coalition for Epidemic Preparedness Innovations said on Wednesday they have partnered on a $30 million program to develop an updated version of the drugmaker's Ebola vaccine aimed at improving affordability and access for low- and middle-income countries.

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image for news Merck partners with global health coalition to develop affordable Ebola vaccine
Will Weak Gardasil Sales Continue to Ail MRK Revenues in Q4 Earnings?
MRK
Published: January 20, 2026 by: Zacks Investment Research
Sentiment: Negative

Gardasil's sharp sales slump in China and Japan puts Merck under pressure heading into Q4 earnings, with the vaccine's sales expected to stay under strain.

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image for news Will Weak Gardasil Sales Continue to Ail MRK Revenues in Q4 Earnings?
3 “Forever Stocks” to Hold When the Market Won't Sit Still
CL, CVX, MRK
Published: January 19, 2026 by: MarketBeat
Sentiment: Negative

With so much volatility in the market, it's a good time for investors to consider stocks that they can hold for the long haul. These compounders don't have to make up a large part of your portfolio, but they're good stocks to have for investors who like to step away from their screens.

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image for news 3 “Forever Stocks” to Hold When the Market Won't Sit Still
Winners & Losers: The ETF Playbook to Glide Trump's Great Healthcare Plan
AZN, HQY, JNJ, LLY, MRK, NVS, WMT
Published: January 19, 2026 by: Zacks Investment Research
Sentiment: Neutral

Trump's Great Healthcare Plan redraws healthcare winners and losers - here's how ETFs like IHE could benefit as middlemen face pressure.

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image for news Winners & Losers: The ETF Playbook to Glide Trump's Great Healthcare Plan
Why Merck's 32% Rally Isn't Enough to Change the Bearish View
MRK
Published: January 15, 2026 by: Zacks Investment Research
Sentiment: Negative

MRK is up over 32% in three months, but declining estimates, Keytruda's upcoming LOE and Gardasil declines keep the stock sell-rated.

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image for news Why Merck's 32% Rally Isn't Enough to Change the Bearish View

About Merck & Co., Inc. (MRK)

  • IPO Date 1978-01-13
  • Website https://www.merck.com
  • Industry Drug Manufacturers - General
  • CEO Robert Davis
  • Employees 73000

Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes, as well as vaccine products, such as preventive pediatric, adolescent, and adult vaccines. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions and services, as well as digitally connected identification, traceability, and monitoring products. It serves drug wholesalers and retailers, hospitals, and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers, and other institutions; and physicians and physician distributors, veterinarians, and animal producers. The company has collaborations with AstraZeneca PLC; Bayer AG; Eisai Co., Ltd.; Ridgeback Biotherapeutics; and Gilead Sciences, Inc. to jointly develop and commercialize long-acting treatments in HIV. Merck & Co., Inc. was founded in 1891 and is headquartered in Kenilworth, New Jersey.