MeridianLink, Inc.

MeridianLink, Inc.

MLNK·NYSE

$20.01

+0.0000%
TechnologySoftware - Application

MeridianLink, Inc., a software and services company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States. The company offers MeridianLink Consumer, a consumer lending and account opening platform; MeridianLink Opening, an online account opening software that unifies deposit account opening and funding for various channels and products; and MeridianLink DecisionLender, a loan origination software (LOS) for finance companies. It also provides MeridianLink Engage, an end-to-end consumer lending, account, and card marketing automation solution; MeridianLink Mortgage, a SaaS cloud-based end-to-end loan origination software; MeridianLink Collect, a cloud-based debt collection software; and Mortgage Credit Link, a web-based order fulfillment hub. In addition, the company provides solutions, including end-to-end platform, loan origination system, mortgage loan origination system, deposit account opening, data and reporting, collections, and consulting and analysis. MeridianLink, Inc. was founded in 1998 and is headquartered in Costa Mesa, California.

At a Glance

Live Snapshot
Market Cap$1.48B
EPS-0.3900
P/E Ratio-52.90
Earnings Date05/11/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -52.9).

Valuation inputs: P/E -52.9, earnings yield N/A, momentum 0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -7.0%, ROIC +0.5%).

Profitability stack: net margin -9.4%, ROE -7.0%, ROIC +0.5%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +55.5%, momentum 0.0%, net margin -9.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

mlnk

MeridianLink, Inc. Market vs Earnings Trajectory

MLNK · NYSE

Loading price and EPS data...

MeridianLink, Inc.

MeridianLink, Inc. Fair Value Envelope

MLNK · NYSE

Our analysis suggests that MLNK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $20.01, this represents a potential HIDDEN relative to our calculated worth for MeridianLink, Inc..

Intrinsic Value
Current Price: $20.01
3Y-
5Y+144.0%
10Y+144.0%
3Y+18.0%
5Y+107.0%
10Y+107.0%
3Y+198.0%
5Y+136.0%
10Y+136.0%
3Y-13.0%
5Y+257.0%
10Y+257.0%
3Y-8.0%
5Y+391.0%
10Y+391.0%
3Y-6.0%
5Y+11.0%
10Y+11.0%
MeridianLink, Inc.

MeridianLink, Inc. Profit Bridge

MLNK · NYSE
Revenue316.30M
Cost of Goods Sold (108.53M)
Gross Profit207.77M
Operating Expenses (203.13M)
Operating Income4.64M
Interest Expense (38.42M)
Other Income/Expense-33.50M
Pretax Income-28.86M
Income Tax (908.00K)
Net Income-29.77M
Net Income
-29.77M

Profitability Analysis

Gross Margin

65.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

1.5%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-9.4%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

65.69%
Gross Profit Margin
2%
3Y-1.0%
5Y-5.0%
10Y-5.0%
1.47%
Operating Profit Margin
-71%
3Y-90.0%
5Y-89.0%
10Y-89.0%
-9.41%
Net Profit Margin
-33%
3Y+152.0%
5Y+14.0%
10Y+14.0%
-6.96%
Return on Equity
-17%
3Y+288.0%
5Y-122.0%
10Y-122.0%
-3.10%
Return on Assets
-27%
3Y+218.0%
5Y+114.0%
10Y+114.0%
0.53%
Return on Invested Capital
-86%
3Y-93.0%
5Y-70.0%
10Y-70.0%
MLNK

MeridianLink, Inc. Cash Conversion Engine

MLNK · NYSE
Net Income-29.77M
Depreciation & Amortization58.25M
Stock-Based Compensation51.35M
Change in Working Capital-8.09M
Others5.59M
Capital Expenditures-367.00K
Free Cash Flow77.44M

Cash Flow Quality Analysis

FCF Conversion Rate

-260.1%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

0.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+34.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$8.09M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

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MeridianLink, Inc. Funding & Solvency Profile

MLNK · NYSE
Cash & Cash Equivalents91.09M
Net Receivables34.59M
Inventory0.00
Other Current Assets682.00K
Total Current Assets133 M
Property, Plant & Equipment2.45M
Goodwill & Intangible Assets789.16M
Long-Term Investments0.00
Other Non-Current Assets12.18M
Total Non-Current Assets15 M
Total Assets
936.93M

Financial Health Analysis

Current Ratio

1.94x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

1.39x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

64 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

14% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

mlnk

MeridianLink, Inc. Street Expectations Map

MLNK · NYSE

Wall Street analysts project that MLNK stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 22.25, with estimates ranging from a low of 19.00 to a high of 25.50.

Lowest Target
19.00
-5.05%
Consensus Target
22.25
11.19%
Highest Target
25.50
27.44%

The consensus 1-year price target stands at 22.25, with estimates ranging from a low of 19.00 to a high of 25.50.

Analyst Consensus Analysis

Upside Potential

+11.2%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

29.2% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

5.44x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Asymmetric upside: Strong return potential with favorable risk-reward profile. The limited downside relative to upside makes this an attractive risk-adjusted opportunity for growth-oriented portfolios.

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MeridianLink, Inc. Insider Positioning

MLNK · NYSE

During the last 12 months, insiders have sold $100 worth of MLNK shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

100.0K

100.00

Net Activity

-100

-$100

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
VN

Vlok Nicolaas

Director

100.0K shares1 transactions

$100

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $100 net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.00%
Dividend Yield
3Y-
5Y-100.0%
10Y-100.0%
 

mlnk Dividend History

MLNK
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%