Mitek Systems Inc (MITK)

Currency in USD
9.47
+0.10(+1.07%)
Closed·
After Hours
9.62+0.15(+1.58%)
·
MITK Scorecard
Full Analysis
Management has been aggressively buying back shares
Earnings results expected in 11 days
Fair Value
Day's Range
9.339.48
52 wk Range
6.9313.65
Key Statistics
Prev. Close
9.37
Open
9.39
Day's Range
9.33-9.48
52 wk Range
6.93-13.65
Volume
179.12K
Average Volume (3m)
435.03K
1-Year Change
-27.98%
Book Value / Share
4.87
Fair Value
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Fair Value Upside
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MITK Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
13.00
Upside
+37.28%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year

Mitek Systems Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Mitek Systems Inc Company Profile

Mitek Systems, Inc. provides mobile image capture and digital identity verification solutions worldwide. Its product portfolio includes Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications. The company also offers MiSnap, a mobile-capture software development kit that enables an intuitive user experience and instant capture of quality images of identity documents and checks. CheckReader enables financial institutions to automatically extract data from checks once they have been scanned or photographed by the application; Check Fraud Defender, an AI-powered and cloud-hosted consortium designed to combat check fraud; and Check Intelligence that enables financial institutions to automatically extract data from a check image received across any deposit channel, including branch, ATM, remote deposit capture, and mobile. In addition, it provides MiVIP, an end-to-end identity verification solution designed for KYC process; and MiPass, an authentication solution, including facial and voice biometrics to safeguard against sophisticated fraud techniques. Further, the company provides IDLive Face, a passive facial liveness detection product; IDVoice, a robust AI-driven voice biometric engine; IDLive Voice to stop spoofing attacks on voice biometric systems; and IDLive Doc that works to fight fraud related to digitally displayed document images. The company was incorporated in 1986 and is based in San Diego, California.

Employees
598

Mitek Systems Inc Earnings Call Summary for Q2/2025

  • Q1 2025 EPS of $0.36 beat $0.25 forecast; revenue of $51.9M exceeded estimates by $4.95M
  • SaaS revenue grew 15% YoY, now 40% of total; stock surged 14.63% in aftermarket trading to $9.70
  • Company maintained FY revenue guidance of $170M-$180M, raised adjusted EBITDA margin target to 26%-29%
  • CEO highlighted unified platform strategy combining fraud prevention, identity verification, and biometric authentication
  • Management projects majority of revenue from SaaS by FY2026; actively buying back shares
Last Updated: 09/05/2025, 02:12
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Compare MITK to Peers and Sector

Metrics to compare
MITK
Peers
Sector
Relationship
P/E Ratio
32.4x0.2x11.8x
PEG Ratio
0.12−0.450.01
Price/Book
2.0x2.5x2.4x
Price / LTM Sales
2.4x3.7x2.2x
Upside (Analyst Target)
37.3%19.4%18.8%
Fair Value Upside
Unlock18.3%6.0%Unlock

Analyst Ratings

5 Buy
1 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 13.00
(+37.28% Upside)

Earnings

Latest Release
May 08, 2025
EPS / Forecast
0.36 / 0.25
Revenue / Forecast
51.90M / 46.95M
EPS Revisions
Last 90 days

MITK Income Statement

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FAQ

What Stock Exchange Does Mitek Trade On?

Mitek is listed and trades on the Nasdaq Stock Exchange stock exchange.

What Is the Stock Symbol for Mitek?

The stock symbol for Mitek is "MITK."

What Is the Mitek Market Cap?

As of today, Mitek market cap is 431.49M.

What Is Mitek's Earnings Per Share (TTM)?

The Mitek EPS (TTM) is 0.29.

When Is the Next Mitek Earnings Date?

Mitek will release its next earnings report on 06 Aug 2025.

From a Technical Analysis Perspective, Is MITK a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.

How Many Times Has Mitek Stock Split?

Mitek has split 0 times.

How Many Employees Does Mitek Have?

Mitek has 598 employees.

What is the current trading status of Mitek (MITK)?

As of 27 Jul 2025, Mitek (MITK) is trading at a price of 9.47, with a previous close of 9.37. The stock has fluctuated within a day range of 9.33 to 9.48, while its 52-week range spans from 6.93 to 13.65.
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