Market open · Delayed intraday data · 2:18 PM ET

Last update: Jun 30, 2026, 2:04 PM ET

Merck & Co., Inc. (MRK) — What Changed

$128.89-0.49 (-0.38%) today so far

Jun 30, 2026 2:18 PM ET·New York Stock Exchange·Market Open·CEO: Robert Davis·73,000 employees

Merck & Co., Inc. is a global healthcare leader with operations spanning two core divisions: Pharmaceuticals and Animal Health. The Pharmaceutical segment is dedicated to human health, offering a broa…

🔔Major Change Detected

Market Cap

$318.3B

Sector

Healthcare

Drug Manufacturers - General

Next Earnings

Aug 3, 2026

(35 Days)

Relative Volume

0.46x

Below Avg

Risk Level

Low

Price Move

-0.38%

1-Day Change

Below 5D Avg: 1.9%

Volume Confirmation

0.46x

vs 30D Average

Below Avg

Catalyst

Earnings Beat

Material / Earnings

Merck & Co. (MRK) moved +12.9% after reporting EPS of -$1.28, beating the…

Peer Context

Outperforming

Top 2 of 6 peers

Sector-Wide Move

Signal Quality

Low

Confidence Score

56/100

BestStocks surfaces only meaningful changes—backed by price, volume, catalysts, and peer context—so you can focus on what matters.

1Event Reaction Chartⓘ

Price reaction around a key event

MRKMerck & Co., Inc.$128.89-0.49 (-0.38%)

Price Move Up·Jun 26, 2026·+2.56% reaction

1. What Changed Since Last Close

Price Move UpLowLow

Jun 29+0.56%0.65x vol

MRK rose 0.90% to $129.81 intraday. Volume is running at 0.39x the typical pace for this point in the trading day.

›

Price Move UpMediumMedium

Jun 26+2.56%1.28x vol

MRK rose 2.56% intraday to $128.66, extending this week's 6% gain. The rally is attributed to positive pipeline news and

›

Price Move UpMediumMedium

Jun 25+4.02%0.95x vol

Merck & Co. (MRK) gained +4.02% on 2026-06-25, closing at $125.45 and hitting a new 30-day high. We checked news, earnin

›

New FilingMediumMedium

May 28

Merck & Co. filed an 8-K on 2026-05-28 with no corresponding stock price movement (0%).

›

Earnings BeatHighHigh

Apr 30

Merck & Co. (MRK) moved +12.9% after reporting EPS of -$1.28, beating the estimate of -$1.47 by 12.9%.

›

Showing 5 of 6 events

2. Change Timeline

Date	Change	Price Reaction	Volume	Confidence ↓
Apr 30	EEarnings Beat	—	—	High
Mar 31	EEarnings Beat	—	—	High
May 28	FNew Filing	—	—	Medium
Jun 26	VPrice Move Up	+2.56%	1.28x	Medium
Jun 25	VPrice Move Up	+4.02%	0.95x	Medium
Jun 29	VPrice Move Up	+0.56%	0.65x	Low

Sort:

3. Why It Moved

Primary Catalyst

Earnings Beat

Merck & Co. (MRK) moved +12.9% after reporting EPS of -$1.28, beating the estima

Supporting Evidence

Merck & Co. (MRK) moved +12.9% after reporting EPS of -$1.28, beating
Merck reported Q1 2026 EPS of -$1.28, beating the consensus estimate o
MRK rose 2.56% intraday to $128.66, extending this week's 6% gain. The
Merck & Co. (MRK) gained +4.02% on 2026-06-25, closing at $125.45 and

Nature of Move

Sector-Wide Move

MRK moved broadly in line with sector peers — consistent with a sector or macro-driven event.

4. Peer / Sector Confirmation

Symbol	Today	5D	Rel. Vol
MRK	-0.38%	—	0.46x	Leader
LLY	+1.81%	—	—
UNH	-1.89%	—	—
JNJ	+1.51%	—	—
PFE	+0.33%	—	—
ABBV	+0.38%	—	—

Sector-Wide Move. Top 2 of 6 peers. MRK moved broadly in line with sector peers — consistent with a sector or macro event.

5. SEC Filing Watch

8-K

May 28High

Material event — review for impact

8-K

May 22High

Material event — review for impact

10-Q

May 4Medium

Quarterly financial results

8-K

Apr 30High

Material event — review for impact

DEF 14A

Apr 8Low

Annual proxy — exec compensation & governance

View on SEC EDGAR →Source: filing_snapshots DB · past 120 days

6. Analyst Expectations

Consensus Target

$133.77

Median Target

$135.00

Upside to Target

+3.8%

vs $128.89

Analyst Activity — Last 90 Days

Upgrades

Maintains

Downgrades

Last Directional Actions

↑ Upgrade

Wolfe Research · Peer Perform → Outperform

Jan 8, 2026

↓ Downgrade

Berenberg · Buy → Hold

Sep 17, 2025

View Analyst Detail →

7. Bull vs Bear Thesis Shift

Bullish Factors

✓Earnings beat — stock sold off (sell-the-news reaction)

✓Positive price momentum

Bearish Factors

✕Declined 0.4% despite earnings beat — guidance or outlook concern

✕Negative session, down 0.4%

✕New SEC filing — review for material disclosures

Net Thesis Change vs Yesterday

BearishNeutralBullish

Neutral / Mixed+8 / 100

8. What To Watch Next

Date	Event	Impact
Aug 3est.	10-Q Filing	Medium
Aug 4	Earnings Release	High
Oct 29	Earnings Release	High

est. = estimated from prior filing cycle

🔔

9. Set Alerts & Get Notified

Get notified when MRK reports earnings, files an 8-K, receives an analyst upgrade, or sees unusual volume.

✓ Earnings alerts

✓ Filing alerts

✓ Volume spikes

✓ Analyst actions