Mind Technology Inc (MIND)
NASDAQ:MIND
Want to see MIND full AI Analyst Report?
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$5.51 - $14.50
Previous CloseN/A
Volume146.28K
Average Volume (3M)212.72K
Market Cap
$56.44M
Enterprise Value$38.85M
Total Cash (Recent Filing)$19.05M
Total Debt (Recent Filing)$1.09M
Price to Earnings (P/E)105.5
Beta1.01
Next Earnings
Jun 16, 2026Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.05
Shares Outstanding9,089,055
10 Day Avg. Volume263,881
30 Day Avg. Volume212,715
Financial Highlights & Ratios
PEG Ratio-1.23
Price to Book (P/B)1.91
Price to Sales (P/S)1.93
P/FCF Ratio41.13
Enterprise Value/Market Cap0.69
Enterprise Value/Revenue0.95
Enterprise Value/Gross Profit2.18
Enterprise Value/Ebitda10.41
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.62
Revenue Forecast (FY)$49.50M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthA debt-free capital structure with ~$19.1M cash and ~$37M working capital provides durable financial flexibility to fund operations, pursue larger vessel opportunities via the HSBC trade facility, and absorb cyclical order timing swings without needing urgent external financing.
Recurring Aftermarket RevenueA ~60% aftermarket revenue mix creates a recurring, higher-margin base that smooths cyclicality from lumpier systems sales. This structural revenue mix supports steadier cash conversion, improves predictability of service revenues, and underpins long-term margin resilience versus one-off equipment orders.
Improved Cash GenerationThe transition from multi-year cash burn to positive operating and free cash flow shows improving cash conversion and operational discipline. Sustained positive FCF allows the company to self-fund working capital, maintain liquidity, and selectively invest in capacity or M&A to scale the Seamap business.
Bears Say
Income Statement VolatilityMarked swings in reported revenue and margins reduce forecast reliability and complicate planning. Persistent income volatility undermines trend visibility for investors and management, increases sensitivity to single large orders, and raises execution risk for sustaining multi-year profitability gains.
Dependence On Lumpy System SalesConcentration in large-system contracts creates quarter-to-quarter earnings variability and elongates cash conversion cycles. Winning or losing a few sizable bids can dominate annual results, making revenue and margin forecasting fragile and increasing the operational burden to maintain stable utilization and margins.
Near-Term Demand & Order Timing RiskGeopolitical and macro uncertainty has prompted order deferrals and shifted deliveries into the next fiscal year, reducing near-term revenue visibility. Anticipated FY2027 contraction, even if cash-positive, limits near-term growth prospects and could pressure resource utilization and front-loaded fixed costs.
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 $5.51 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 $56.44M.
When is Mind Technology Inc’s upcoming earnings report date?
Mind Technology Inc’s upcoming earnings report date is Jun 16, 2026 which is in 45 days.
How were Mind Technology Inc’s earnings last quarter?
Mind Technology Inc released its earnings results on Apr 15, 2026. The company reported $0.049 earnings per share for the quarter, missing the consensus estimate of $0.31 by -$0.261.
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.
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 $0.049 in its last earnings report, missing expectations of $0.31. Following the earnings report the stock price went down -28.53%.
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
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bearish
MIND Sentiment 70%
Sector Average ―
Sector Average ―
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.9%
Last 30 Days ▼ 23.3%
Last 30 Days ▼ 23.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.89%
12-Months-Change
Fundamentals
Return on Equity
2.19%
Trailing 12-Months
Asset Growth
34.17%
Trailing 12-Months
Company Description
Mind Technology Inc
MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company's products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Digishot energy source controllers; Sleeve Gun energy sources; and SeaLink product line of marine sensors and solid streamer systems. It also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations, as well as side scan sonar equipment and systems. The company markets its products to governmental and commercial customers through internal sales organization and a network of distributors and representatives. It operates in the United States, Europe, Canada, Latin America, the Asia/South Pacific, Eurasia, and internationally. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.
MIND Company Deck
MIND Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presents a mixed but resilient picture: the company delivered positive adjusted EBITDA for the year, modest net income, improved gross margins, strong liquidity ($19.1M cash, $37M working capital), and a large, recurring aftermarket revenue base (~60%). At the same time, near-term demand is clouded by geopolitical and macro uncertainty leading to deferred orders, a Q4 net loss, higher G&A from stock compensation, and an expectation that fiscal 2027 revenue will be lower than fiscal 2026. Management is optimistic about long-term demand, pursuing larger opportunities with new trade finance capability, and focused on disciplined capital allocation and potential M&A to add scale. Overall, positives around profitability, margins, liquidity, and recurring aftermarket strength are offset by near-term order timing risk and expected revenue decline in the coming year, resulting in a balanced outlook.View all MIND earnings summariesTechnical Analysis
Ownership Overview
1.21%
Insiders
3.90% Mutual Funds
0.86% Other Institutional Investors
90.09% Public Companies and
Individual Investors
Options Prices
Currently, No data available
---