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MRK

Merck & Co.

NYSEHealth CareDrug Manufacturers - GeneralSnapshot 2026-05-08

$111.38-0.82%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, MRK has a composite score of 28.0 and a signal label of "mild favorable." This score is influenced by a medium confidence level of 73.8 and is driven by macro factors such as labor and rates. The scores indicate moderate risk with a total risk score of 27.3 and a valuation score of 47.3, which is categorized as full. The analysis is provisional.

Composite +28as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.15
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
5670499967452522
F2 · Value
cheap
Cheapest 20% of health care cohort
Why this rank
Price
$111.38
TTM EPS
$7.19
Earnings yield
6.5%
P/E (TTM)
15.5

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
fragile
Bottom 30% cash conversion in health care cohort
Why this rank
TTM NI ($M)
17,117
TTM CFO ($M)
21,468
CFO/NI
1.25
L2

Watch

has something changed worth re-reading?
F4 · Management stability
Insufficient data
No score yet
Earnings setup · pre-print positioning
forward-looking
bullishEPS revised +8.8% / 30d, n=14for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $1.93 → $2.10 (+8.8% / 30d). 4 raised, 7 cut, 14 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 2 maintained. 66% of analysts rate Buy.

Price target activity

1 PT revisions / 30d. Avg target -0.4% above current price.

Material events

1 positive, 0 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

No recent events recorded.

2

Stated priorities

2 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase EPS guidancegrowthbehind14% progress
    4/30: Narrows and Raises Expected Non-GAAP EPS Range To Be Between $5.04 and $5.16.
    Why this status

    Stated in 2 of last 2 quarters. EPS guidance was raised from $5.00-$5.15 to $5.04-$5.16 for 2026. Despite the increase, the status is behind, indicating limited progress in achieving the desired EPS growth.

  2. 2.Raise revenue guidancegrowthbehind14% progress
    4/30: Now Expects Sales To Be Between $65.8 Billion and $67.0 Billion.
    Why this status

    Stated in 2 of last 2 quarters. Revenue guidance was raised from $65.5-$67.0 billion to $65.8-$67.0 billion for 2026. Despite the increase, the status is behind, indicating limited progress in achieving the desired revenue growth.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −11%, typical day ±1.1%
Why this risk level

Recent vol — 30d annualized 26%; 252d 27%.

Drawdown — Max 1y −11%. Bad day move −3%.

Beta to sector ETF (XLV) 1.26 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 54/100, drawdown 77/100, beta 74/100, earnings vol .

Sector regime
headwind-15.1%sector vs S&P 500, 60d

via XLV

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite62.0 / 100
Capital allocation77
Earnings discipline85
Margin discipline35
Balance sheet22
Guidance credibility
Post-call reaction51
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase EPS guidance

    GrowthNew since 2026-05-04

    Management aims to increase the EPS guidance for the fiscal year.

    Behind

    Stated in 2 of last 2 quarters. EPS guidance was raised from $5.00-$5.15 to $5.04-$5.16 for 2026. Despite the increase, the status is behind, indicating limited progress in achieving the desired EPS growth.

    14%
    CEO/CFO:Narrows and Raises Expected Non-GAAP EPS Range To Be Between $5.04 and $5.16.
    Multiple sourcesSource dated 2026-04-30Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Multiple sources

      Narrows and Raises Expected Non-GAAP EPS Range To Be Between $5.04 and $5.16.

    • 2025-Q4Multiple sources

      Expects Non-GAAP EPS To Be Between $5.00 and $5.15.

  • #2

    Raise revenue guidance

    GrowthNew since 2026-05-04

    Management aims to raise the revenue guidance for the fiscal year.

    Behind

    Stated in 2 of last 2 quarters. Revenue guidance was raised from $65.5-$67.0 billion to $65.8-$67.0 billion for 2026. Despite the increase, the status is behind, indicating limited progress in achieving the desired revenue growth.

    14%
    CEO/CFO:Now Expects Sales To Be Between $65.8 Billion and $67.0 Billion.
    Multiple sourcesSource dated 2026-04-30Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Multiple sources

      Now Expects Sales To Be Between $65.8 Billion and $67.0 Billion.

    • 2025-Q4Multiple sources

      Anticipates Worldwide Sales To Be Between $65.5 Billion and $67.0 Billion.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
34higher = cheaper

Looks more expensive than peers.

Compared to its own history
59higher = cheaper

Around its own typical valuation.

P/E
20.5x
EV/EBITDA
FCF yield
5.0%

P/E over the last 5 years

65 monthly points
fullas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
MRK
Merck & Co.
+28fullmoderate
LLY
Lilly (Eli)
+21fullmoderate
JNJ
Johnson & Johnson
+18fulllow
ABBV
AbbVie
+12fairlow
UNH
UnitedHealth Group
+24fairelevated
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.1%
A bad day (95th %ile)
A rough but not unusual down day.
-2.5%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-11.4%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If health_care sector trend rises from +0.06 into 'improving' (>= +0.20)+5.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently RAISED as of 2026-04-30)-16 pts
  • If labor state reverses from -0.31 (negative) to +0.31 (positive)-6.8 pts
  • If health_care sector trend falls from +0.06 into 'weakening' (<= -0.20)-5.0 pts
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-2.9 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-308d agoItem 2.02

    Incorporated by reference is a press release issued by Merck & Co., Inc. on April 30, 2026, regarding earnings for the first quarter of 2026, attached as Exhibit 99.1. Also incorporated by reference is certain supplemental information not included in the press release, attached as Exhibit 99.2. This information shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Se…

    earnings preannouncementpositivescore 60
  2. 2026-02-033mo agoItem 2.02

    Incorporated by reference is a press release issued by Merck & Co., Inc. on February 3, 2026, regarding earnings for the fourth quarter and year end of 2025, attached as Exhibit 99.1. Also incorporated by reference is certain supplemental information not included in the press release, attached as Exhibit 99.2. This information shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabil…

    earnings preannouncementneutralscore 7
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-24 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.