In short —21 price targets published on Merck & Co. over 90 days: 18 bullish, 0 bearish (86% positive), median target $146. The highest-ranked firm to weigh in is Daiwa Capital (rank 3, 60.8% hit rate). For each call below we show the firm's real track record — not just its opinion.
The last 21 analyst calls on MRK
Newest first. The "verdict" is our read on the firm, based on its past calls replayed against actual prices.
Bullish
Wolfe Research · Outperform · target $180 (+18% vs price that day)
Our verdict — Wolfe Research ranks #16 of 64 in our leaderboard: 59.6% hit rate across all stocks, 15.7% average gain per call, +9 pts vs its sector.
Bullish
Argus Research · Buy · target $170 (+9% vs price that day)
Our verdict — Argus Research ranks #48 of 64 in our leaderboard: 64.4% hit rate across all stocks, 13.6% average gain per call, +3 pts vs its sector.
Bullish
Goldman Sachs · Buy · target $160 (+6% vs price that day)
Our verdict — Goldman Sachs ranks #25 of 64 in our leaderboard: 60.5% hit rate across all stocks, 16.6% average gain per call, +5 pts vs its sector.
Bullish
BMO Capital · Outperform · target $170 (+11% vs price that day)
Our verdict — BMO Capital ranks #43 of 64 in our leaderboard: 80% hit rate on Merck & Co. (10 scored calls on this stock), 15.1% average gain per call, +3 pts vs its sector.
Our verdict — UBS ranks #27 of 64 in our leaderboard: 27.3% hit rate on Merck & Co. (11 scored calls on this stock), 17% average gain per call, +5 pts vs its sector.
Neutral
RBC Capital · Sector Perform · target $150 (+1% vs price that day)
Our verdict — RBC Capital ranks #62 of 64 in our leaderboard: 61.2% hit rate across all stocks, 9% average gain per call, -2 pts vs its sector.
Bullish
Morgan Stanley · Overweight · target $179 (+20% vs price that day)
Our verdict — Morgan Stanley ranks #49 of 64 in our leaderboard: 50% hit rate on Merck & Co. (6 scored calls on this stock), 12.2% average gain per call, +3 pts vs its sector.
Bullish
Daiwa Capital · Outperform · target $143 (+5% vs price that day)
Our verdict — Daiwa Capital ranks #3 of 64 in our leaderboard: 60.8% hit rate across all stocks, 34.1% average gain per call, +17 pts vs its sector.
Bullish
Argus Research · Buy · target $145 (+11% vs price that day)
Our verdict — Argus Research ranks #48 of 64 in our leaderboard: 64.4% hit rate across all stocks, 13.6% average gain per call, +3 pts vs its sector.
Bullish
Guggenheim · Buy · target $146 (+14% vs price that day)
Our verdict — Guggenheim ranks #40 of 64 in our leaderboard: 66.7% hit rate on Merck & Co. (9 scored calls on this stock), 14.3% average gain per call, +4 pts vs its sector.
Bullish
Barclays · Overweight · target $150 (+15% vs price that day)
Our verdict — Barclays ranks #52 of 64 in our leaderboard: 68.8% hit rate on Merck & Co. (16 scored calls on this stock), 10.6% average gain per call, +2 pts vs its sector.
Bullish
JP Morgan · Overweight · target $140 (+16% vs price that day)
Our verdict — JP Morgan ranks #37 of 64 in our leaderboard: 83.3% hit rate on Merck & Co. (6 scored calls on this stock), 15.8% average gain per call, +4 pts vs its sector.
Bullish
BMO Capital · Outperform · target $142 (+14% vs price that day)
Our verdict — BMO Capital ranks #43 of 64 in our leaderboard: 80% hit rate on Merck & Co. (10 scored calls on this stock), 15.1% average gain per call, +3 pts vs its sector.
Bullish
Guggenheim · Buy · target $145 (+17% vs price that day)
Our verdict — Guggenheim ranks #40 of 64 in our leaderboard: 66.7% hit rate on Merck & Co. (9 scored calls on this stock), 14.3% average gain per call, +4 pts vs its sector.
Neutral
Morgan Stanley · Equal-Weight · target $113 (-9% vs price that day)
Our verdict — Morgan Stanley ranks #49 of 64 in our leaderboard: 50% hit rate on Merck & Co. (6 scored calls on this stock), 12.2% average gain per call, +3 pts vs its sector.
Bullish
RBC Capital · Outperform · target $142 (+14% vs price that day)
Our verdict — RBC Capital ranks #62 of 64 in our leaderboard: 61.2% hit rate across all stocks, 9% average gain per call, -2 pts vs its sector.
Bullish
Wells Fargo · Overweight · target $150 (+19% vs price that day)
Our verdict — Wells Fargo ranks #47 of 64 in our leaderboard: 100% hit rate on Merck & Co. (5 scored calls on this stock), 14.5% average gain per call, +3 pts vs its sector.
Our verdict — Cantor Fitzgerald ranks #11 of 64 in our leaderboard: 30.8% hit rate on Merck & Co. (26 scored calls on this stock), 37.1% average gain per call, +12 pts vs its sector.
Our verdict — B of A Securities ranks #31 of 64 in our leaderboard: 87.5% hit rate on Merck & Co. (8 scored calls on this stock), 17.5% average gain per call, +5 pts vs its sector.
Bullish
Scotiabank · Sector Outperform · target $155 (+24% vs price that day)
Our verdict — Scotiabank ranks #59 of 64 in our leaderboard: 59.7% hit rate across all stocks, 13.5% average gain per call, +0 pts vs its sector.
Bullish
CICC · Outperform · target $138 (+10% vs price that day)
No verdict — this firm doesn't have enough scored calls for us to judge it reliably.
⚠️ Price targets as published by the firms, timestamped at their publication date. The upside shown is vs the price on the day of the call, not today's price. Informational data, not investment advice.
Frequently asked questions
What are analysts saying about MRK right now?
Over the last 90 days, 21 price targets were published on Merck & Co.: 18 bullish and 0 bearish (86% positive). The median target is $146. The latest call is from August 25, 2026.
Should you trust these price targets?
Not blindly — that's the point of this page: next to each call we show the firm's real track record — its rank among 64 tracked firms, its hit rate and its average gain per call. An ambitious target from a firm that is wrong 6 times out of 10 is not worth the same as one from a consistent firm.
Which firm covering MRK is the most reliable?
Among the firms that published on Merck & Co. in the last 90 days, our highest-ranked is Daiwa Capital (rank 3 of 64, 60.8% hit rate, 34.1% average gain per call).
Where does this data come from?
From analyst price targets, timestamped at publication then replayed against the actual price. Firm rankings come from our analyst leaderboard. Updated daily.
💬 A question about Merck & Co.?The JPI assistant answers using our backtest data.