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Mitek Systems Inc (MITK)
NASDAQ:MITK
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Mitek Systems (MITK) Price & Analysis

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MITK Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
EarningsShares of Mitek Systems Inc. increased 8.8% following better than expected revenue results, indicating strong demand for the company's identity solutions.
Financial PerformanceThe company reported higher revenue and lower operating expenses, resulting in EBITDA significantly above prior estimates.
Growth PotentialMitek is making progress on adding several large financial institutions to the platform, indicating strong potential for future growth.
Bears Say
Debt ManagementMitek ended June with $150M convertible debt due February 2026, which may impact financial flexibility.
ValuationValuation multiples are expected to continue lagging behind higher quality peers until more significant topline growth occurs.

Mitek Systems News

MITK FAQ

What was Mitek Systems Inc’s price range in the past 12 months?
Mitek Systems Inc lowest stock price was $6.93 and its highest was $11.78 in the past 12 months.
    What is Mitek Systems Inc’s market cap?
    Mitek Systems Inc’s market cap is $461.04M.
      When is Mitek Systems Inc’s upcoming earnings report date?
      Mitek Systems Inc’s upcoming earnings report date is Nov 06, 2025 which is in 70 days.
        How were Mitek Systems Inc’s earnings last quarter?
        Mitek Systems Inc released its earnings results on Aug 07, 2025. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.188 by $0.032.
          Is Mitek Systems Inc overvalued?
          According to Wall Street analysts Mitek Systems Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Mitek Systems Inc pay dividends?
            Mitek Systems Inc does not currently pay dividends.
            What is Mitek Systems Inc’s EPS estimate?
            Mitek Systems Inc’s EPS estimate is 0.17.
              How many shares outstanding does Mitek Systems Inc have?
              Mitek Systems Inc has 45,647,050 shares outstanding.
                What happened to Mitek Systems Inc’s price movement after its last earnings report?
                Mitek Systems Inc reported an EPS of $0.22 in its last earnings report, beating expectations of $0.188. Following the earnings report the stock price went up 8.872%.
                  Which hedge fund is a major shareholder of Mitek Systems Inc?
                  Currently, no hedge funds are holding shares in MITK

                  Company Description

                  Mitek Systems Inc

                  Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and web browsers to facilitate digital consumer experiences. It offers 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 provides Mobile Fill, which includes automatic image capture, minimizes the numbers of clicks, and expedites form fill completion; and MiSnap, a mobile-capture software development kit that enables an intuitive user experience and instant capture of quality images of identity documents and checks. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; Check Fraud Defender, an AI-powered and cloud-hosted model for fighting 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. Further, the company provides ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents; IDLive Face, a passive facial liveness detection product; IDVoice, a robust AI-driven voice biometric engine; IDLive Voice that helps stop spoofing attacks on voice biometric systems; and IDLive Doc that works to fight fraud related to digitally displayed document images. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California.

                  Mitek Systems (MITK) Earnings & Revenues

                  MITK Company Deck

                  MITK Earnings Call

                  Q3 2025
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The earnings call indicated strong growth in SaaS revenue and Fraud and Identity solutions, alongside significant operational efficiencies. However, challenges in deposit software revenue and a slight decline in gross margin were noted. Overall, the highlights outweigh the lowlights, suggesting a positive outlook.View all MITK earnings summaries

                  MITK Stock 12 Month Forecast

                  Average Price Target

                  $13.75
                  ▲(33.62% Upside)
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