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MIND Technology ( (MIND) ) has shared an announcement.
On September 9, 2025, MIND Technology announced its financial results for the fiscal second quarter ending July 31, 2025. The company reported revenues of $13.6 million, a significant increase from $7.9 million in the previous quarter and $10.0 million in the same quarter of the previous year. Operating income was $2.7 million, and net income was $1.9 million, marking a turnaround from a net loss in the first quarter of fiscal 2026. The backlog of Marine Technology Products related to the Seamap segment decreased to $12.8 million from $21.1 million at the end of the previous quarter. Despite economic uncertainties, the company remains optimistic about future prospects, highlighting strong customer interest in its Seamap product lines and a robust pipeline of orders.
The most recent analyst rating on (MIND) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on MIND Technology stock, see the MIND Stock Forecast page.
Spark’s Take on MIND Stock
According to Spark, TipRanks’ AI Analyst, MIND is a Neutral.
MIND Technology’s overall stock score reflects a mixed financial performance with a return to profitability and improved cash flows, but challenges with revenue volatility and valuation concerns. The technical analysis shows a positive trend, but the high P/E ratio suggests the stock may be overvalued. The earnings call provided a balanced view with both positive and negative aspects, contributing to a neutral sentiment.
To see Spark’s full report on MIND stock, click here.
More about MIND Technology
MIND Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic, and security industries. Headquartered in The Woodlands, Texas, MIND has a global presence with key operating locations in the United States, Singapore, Malaysia, and the United Kingdom. Its Seamap unit designs, manufactures, and sells specialized, high-performance marine exploration and survey equipment.
Average Trading Volume: 299,404
Technical Sentiment Signal: Buy
Current Market Cap: $75.23M
Find detailed analytics on MIND stock on TipRanks’ Stock Analysis page.