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MIND Stock Chart & Stats
$8.88
-$0.17(-2.35%)
At close: 4:00 PM EST
$8.88
-$0.17(-2.35%)
Day’s Range― - ―
52-Week Range$4.84 - $14.50
Previous CloseN/A
Volume146.28K
Average Volume (3M)124.31K
Market Cap
$47.90M
Enterprise Value$28.88M
Total Cash (Recent Filing)$17.66M
Total Debt (Recent Filing)$910.00K
Price to Earnings (P/E)36.6
Beta1.12
Next Earnings
Sep 16, 2026EPS Estimate
-0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.17
Shares Outstanding9,089,055
10 Day Avg. Volume158,551
30 Day Avg. Volume124,310
Financial Highlights & Ratios
PEG Ratio-1.13
Price to Book (P/B)1.91
Price to Sales (P/S)1.93
P/FCF Ratio41.13
Enterprise Value/Market Cap0.60
Enterprise Value/Revenue0.68
Enterprise Value/Gross Profit1.54
Enterprise Value/Ebitda6.39
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.13
Revenue Forecast (FY)$38.05M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthA conservatively financed balance sheet with very low leverage and strong liquidity provides durable financial flexibility. It reduces refinancing risk, supports bid bonds and working capital for project execution, and enables the company to sustain operations or pursue disciplined M&A during cyclicality.
Gross Margin StabilityStable gross margins, supported by a higher mix of spare parts and aftermarket work, offer persistent margin protection versus volatile system sales. This structural margin resilience helps preserve operating profit through order-cycle troughs and supports longer-term margin sustainability.
Recurring Aftermarket RevenueA roughly 50% recurring aftermarket revenue base creates a predictable revenue floor and cash inflow stream. This reduces top-line cyclicality tied to large system orders, improves revenue visibility for core operations, and supports service margins and customer retention over time.
Bears Say
Negative Operating/free Cash FlowTTM negative operating and free cash flow indicate the company is burning cash despite reported profitability. Persistent cash conversion weakness raises execution and funding risk, limits capacity to invest in growth or absorb order timing shocks, and increases reliance on cash reserves.
Steep Backlog DeclineA material drop in firm backlog sharply reduces near-term revenue visibility and implies fewer guaranteed system deliveries. This amplifies exposure to slower pipeline conversion, lengthens working-capital cycles, and makes quarterly results more dependent on timing of a few large contract wins.
Weaker FY27 Revenue Outlook / VisibilityGuidance calling for FY27 revenue below FY26 and a cited Q2 trough signal persistent demand weakness. Reduced revenue visibility constrains capital allocation, forces cost optimization that may limit growth capacity, and heightens dependency on uncertain large-pipeline conversions.
MIND Technology News
MIND FAQ
What was Mind Technology Inc’s price range in the past 12 months?
Mind Technology Inc lowest stock price was $4.84 and its highest was $14.50 in the past 12 months.
What is Mind Technology Inc’s market cap?
Mind Technology Inc’s market cap is $47.90M.
When is Mind Technology Inc’s upcoming earnings report date?
Mind Technology Inc’s upcoming earnings report date is Sep 16, 2026 which is in 71 days.
How were Mind Technology Inc’s earnings last quarter?
Mind Technology Inc released its earnings results on Jun 10, 2026. The company reported $0.007 earnings per share for the quarter, beating the consensus estimate of $0 by $0.007.
Is Mind Technology Inc overvalued?
According to Wall Street analysts Mind Technology Inc’s price is currently Overvalued.
Does Mind Technology Inc pay dividends?
Mind Technology Inc pays a Notavailable dividend of $0.563 which represents an annual dividend yield of N/A. See more information on Mind Technology Inc dividends here
What is Mind Technology Inc’s EPS estimate?
Mind Technology Inc’s EPS estimate is -0.08.
How many shares outstanding does Mind Technology Inc have?
Mind Technology Inc has 9,089,055 shares outstanding.
What happened to Mind Technology Inc’s price movement after its last earnings report?
Mind Technology Inc reported an EPS of $0.007 in its last earnings report, beating expectations of $0. Following the earnings report the stock price went down -5.396%.
Which hedge fund is a major shareholder of Mind Technology Inc?
Currently, no hedge funds are holding shares in MIND
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
MIND Technology Stock Smart Score
Underperform
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10
Blogger Sentiment
Bearish
MIND Sentiment 70%
Sector Average 67%
Sector Average 67%
Crowd Wisdom
Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-43.06%
12-Months-Change
Fundamentals
Return on Equity
3.45%
Trailing 12-Months
Asset Growth
40.13%
Trailing 12-Months
Company Description
Mind Technology Inc
MIND Technology, Inc., together with its subsidiary companies, delivers specialized technological solutions to a range of sectors, including oceanography, hydrography, defense, seismic exploration, and maritime security. Their core product line features advanced systems such as the GunLink, which facilitates the precise acquisition, monitoring, and control of seismic energy sources for marine surveys. The BuoyLink RGPS tracking system is vital for accurately positioning marine seismic energy sources and streamers. Other key offerings include Digishot energy source controllers, Sleeve Gun energy sources, and the SeaLink series of marine sensors and solid streamer systems. Beyond these primary products, MIND supplies various components like streamer weight collars, depth and pressure transducers, air control valves, and source array systems. The company also provides critical support services, encompassing spare parts, replacement components, repair and engineering assistance, comprehensive training, field service operations, and umbilical terminations. Additionally, they offer side scan sonar equipment and related systems. MIND serves a diverse customer base, including governmental organizations and commercial entities, distributing its products through an internal sales force and a vast global network of distributors and representatives. The company boasts a significant international presence, with operations spanning the United States, Europe, Canada, Latin America, the Asia/South Pacific region, and Eurasia. Founded in 1987, MIND Technology, Inc., previously known as Mitcham Industries, Inc., maintains its corporate headquarters in The Woodlands, Texas.
MIND Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a balanced picture: several operational and financial strengths (positive adjusted EBITDA, stable 42% gross margin, ~50% recurring aftermarket revenue, strong liquidity and a clean balance sheet, and a sizable pipeline) contrast with meaningful near-term headwinds (a steep decline in firm backlog, geopolitical-driven order delays, a FY27 revenue outlook below FY26, a taxable position in Singapore causing a material tax expense, and elevated SG&A in Q1). Management is optimistic on long-term prospects and has options to scale, but conversion risk and near-term softness create uncertainty.View all MIND earnings summariesTechnical Analysis
Ownership Overview
1.21%
Insiders
4.65% Mutual Funds
1.68% Other Institutional Investors
87.67% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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