Mitek Systems, Inc. MITK
- Market cap
- $815.8M
- P/E
- 35.2×
Follow MITK
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.95 | 5.50 | 6.32 | 6.96 | 5.26 | 13.52 | 8.32 | 8.60 | 7.35 | 6.93 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 9.49 | 10.75 | 10.93 | 13.07 | 19.88 | 23.29 | 17.85 | 13.98 | 16.24 | 11.39 |
High Price
|
|||
| 117 | 141 | 308 | 284 | 360 | 448 | 588 | 590 | 630 | 595 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 35 | 45 | 64 | 85 | 101 | 120 | 145 | 173 | 172 | 180 |
Revenue
|
|||
| 90.22% | 91.10% | 86.33% | 85.50% | 86.98% | 87.86% | 86.18% | 86.70% | 85.82% | 85.09% |
Gross Margin
|
|||
| 2 | 3 | (9) | (4) | 9 | 9 | 4 | 10 | (1) | 12 |
EBT
|
|||
| 5.64% | 6.99% | (13.75%) | (4.71%) | 9.29% | 7.35% | 2.49% | 5.99% | (0.53%) | 6.46% |
EBT Margin
|
|||
| 2 | 14 | (12) | (1) | 8 | 8 | 4 | 8 | 3 | 9 |
Net Income
|
|||
| 3 | 3 | 5 | 8 | 8 | 15 | 25 | 27 | 24 | 25 |
Depreciation
|
|||
| 1.10 | 1.37 | 1.77 | 2.15 | 2.45 | 2.75 | 3.25 | 3.79 | 3.70 | 3.93 |
Revenue/Sh
|
|||
| 0.06 | 0.43 | (0.33) | (0.02) | 0.19 | 0.19 | 0.07 | 0.18 | 0.07 | 0.19 |
Earnings/Sh
|
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| 0.25 | 0.32 | 0.16 | 0.36 | 0.58 | 0.86 | 0.47 | 0.69 | 0.68 | 1.21 |
Cash Flow/Sh
|
|||
| (0.01) | (0.01) | (0.12) | (0.03) | (0.02) | (0.03) | (0.03) | (0.02) | (0.03) | (0.03) |
Capex/Sh
|
|||
| 0.24 | 0.30 | 0.04 | 0.34 | 0.56 | 0.83 | 0.45 | 0.67 | 0.65 | 1.19 |
Free CF/Sh
|
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| 1.25 | 1.86 | 2.66 | 2.73 | 3.19 | 4.43 | 3.83 | 4.51 | 4.61 | 5.26 |
Book Value/Sh
|
|||
| 32 | 33 | 36 | 39 | 41 | 44 | 45 | 46 | 47 | 46 |
Shares
|
|||
| 138.17 | 23.10 | 0.00 | 0.00 | 69.31 | 97.37 | 110.23 | 62.12 | 122.80 | 51.42 |
PE Ratio
|
|||
| 7.55 | 7.07 | 3.80 | 4.49 | 5.21 | 6.72 | 2.82 | 2.79 | 2.35 | 2.49 |
PS Ratio
|
|||
| 6.63 | 5.23 | 2.53 | 3.54 | 3.99 | 4.17 | 2.39 | 2.34 | 1.88 | 1.86 |
PB Ratio
|
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| 6.57 | 6.13 | 3.53 | 4.09 | 4.69 | 6.65 | 3.10 | 2.81 | 2.44 | 2.23 |
EV/Sales
|
|||
| 29.98 | 27.95 | 170.01 | 26.27 | 20.39 | 22.16 | 22.43 | 15.87 | 13.86 | 7.41 |
EV/FCF
|
|||
| 8 | 10 | 6 | 14 | 24 | 37 | 21 | 32 | 32 | 55 |
Op' Cash Flow
|
|||
| 0 | 0 | (4) | (1) | (1) | (1) | (1) | (1) | (1) | (1) |
Capex
|
|||
| 8 | 10 | 1 | 13 | 23 | 36 | 20 | 31 | 30 | 54 |
FCF
|
|||
| 32 | 41 | 17 | 34 | 60 | 165 | 89 | 139 | 143 | 39 |
Working Cap'
|
|||
| — | — | 1 | 0 | 6 | 169 | 128 | 136 | 144 | — |
Total Debt
|
|||
| (34) | (43) | (17) | (33) | (54) | (10) | 38 | 2 | 13 | (193) |
Net Debt
|
|||
| 39 | 61 | 95 | 107 | 132 | 193 | 171 | 205 | 215 | 240 |
Sh' Equity
|
|||
| 4.50% | 23.47% | (11.87%) | (0.55%) | 5.12% | 2.71% | 0.94% | 2.09% | 0.80% | 2.02% |
ROA
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| 20.31% | 9.19% | (6.22%) | (3.85%) | 7.09% | 4.54% | 3.65% | 4.70% | 0.61% | 22.21% |
ROIC
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| 5.60% | 27.93% | (15.06%) | (0.71%) | 6.52% | 4.91% | 2.03% | 4.27% | 1.56% | 3.87% |
ROE
|
|||
Mitek Systems, Inc. peers in Software Application
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Mitek Systems, Inc. (MITK) key facts
- Mitek Systems, Inc. (MITK) is a Software Application company in the Technology sector, listed on Nasdaq.
- Mitek Systems, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $179.7 million, up 4.42% from fiscal 2024.
- Net income was $8.8 million, or $0.19 per share (basic), a net margin of 4.90%.
- As of September 25, 2026, MITK traded at $17.66, a market capitalization of $815.8 million.
- At that price the stock trades at 35.2× trailing-twelve-month earnings and 4.0× sales.
- Return on equity was 3.87% and debt-to-equity 0.20.
Mitek Systems, Inc. (MITK) Latest News
2 Sep
Mitek wins first, second and third place in the image category of an independent face liveness detection competition. Top-three sweep in face liveness competition improves Mitek's product credibility and competitive positioning in biometrics.
14 Aug
Mitek Systems (MITK) cybersecurity stock targets buy point with bolstered outlook. Bolstered outlook positions MITK for potential buy point entry.
7 Aug
Mitek Systems reported record SaaS revenue in its Q3 2026 earnings call, driven by strong check processing performance and continued growth in digital identity solutions. Record SaaS revenue marks major progress in recurring revenue shift and directly lifts future growth outlook and investor sentiment.
Mitek Systems Q3 earnings call covered financial results, revenue growth, product updates, strategic initiatives and forward guidance for the company. Q3 earnings call and guidance directly shape investor views on financial trajectory and strategy.
6 Aug
Mitek Systems reported fiscal third quarter revenue of $54.0 million, up 18% year-over-year, and raised its full-year outlook. Revenue growth and raised outlook indicate stronger financial performance likely to lift stock trajectory and investor sentiment.
Mitek Systems beat Q3 earnings and revenue estimates. Beating quarterly estimates can lift near-term stock sentiment and valuation for Mitek.
Mitek Systems (MITK) Q3 earnings results are compared to analyst estimates with focus on key financial metrics. Q3 earnings versus estimates offer moderate insight into financial performance and may influence near-term stock sentiment.
11 Jun
Mitek Systems (MITK) ranks among under-the-radar AI stocks recommended for purchase in 2026. Positive AI-stock classification may lift near-term investor interest and share price.
10 Jun
Mitek Systems and Datos Insights released a report identifying synthetic identity fraud as the primary emerging fraud threat for 2026. Report ties Mitek to rising fraud detection needs and may support its positioning in identity verification markets.
15 May
Mitek Systems partners with FICO to strengthen enterprise fraud defense solutions. Partnership with FICO expands Mitek's fraud prevention market reach and product capabilities substantially.
14 May
Mitek Systems (NASDAQ:MITK) reported solid earnings, underscoring the company's business strength. Solid earnings positively influence financial performance and investor sentiment without fundamentally altering long-term trajectory.
13 May
Mitek Systems, Inc. (MITK) announces strategic partnership with FICO, global analytics software leader, to strengthen enterprise fraud defenses. Partnership with FICO bolsters MITK's fraud prevention offerings and competitive edge in identity verification market.
11 May
Mitek Systems, Inc. beat earnings expectations, prompting analysts to issue new forecasts. Earnings beats and updated analyst forecasts typically drive significant positive shifts in stock price and investor sentiment.
8 May
Mitek Systems, Inc. released Q2 2026 earnings call summary covering financial results, operational updates, and forward guidance. Q2 earnings call details financial metrics and strategic outlook that significantly shape MITK's trajectory and investor sentiment.
Mitek Systems released Q2 earnings call highlights, detailing financial results, revenue growth, operational updates, and forward guidance. Q2 earnings highlights provide insights into financial performance and outlook, influencing investor sentiment moderately.
7 May
Mitek Systems (MITK) beat Q2 earnings and revenue estimates. Beating Q2 earnings and revenue estimates signals strong financial performance, likely boosting investor sentiment and stock price significantly.
Mitek Systems (MITK) reported Q2 earnings, analyzing key metrics for insights into performance. Q2 earnings disclosure reveals financial health and metrics that can significantly sway investor sentiment and stock trajectory.
Mitek Systems reported record fiscal 2026 second quarter results, including revenue growth and profitability, and raised full-year outlook for revenue and adjusted EBITDA. Record Q2 results and raised full-year guidance indicate strong financial momentum likely boosting investor confidence and stock performance.
28 Apr
Mitek Systems (MITK) trades at an attractive valuation with strong growth in identity verification and mobile deposit capture, prompting a buy recommendation ahead of earnings acceleration and market expansion. Investment timing analysis on MITK's undervaluation and growth prospects may moderately sway investor sentiment and short-term performance.
Tyfone integrates Mitek Systems’ Check Fraud Defender to expand its check fraud protection capabilities, enhancing fraud detection accuracy and efficiency for financial institutions. Partnership validates MITK's Check Fraud Defender through Tyfone adoption, likely boosting revenue and reinforcing competitive edge in fraud prevention.
16 Apr
Mitek Systems partners with Synectics Solutions to deliver identity verification and fraud prevention tools to UK insurers, targeting rising digital fraud while expanding fair access to insurance products. Strategic UK partnership in core fraud detection business expands Mitek's international revenue streams and market presence among insurers.
12 Mar
Mitek Systems, Inc. (MITK) integrates its identity verification solutions with Ping Identity’s PingOne DaVinci, enabling scalable verification across the full customer journey. Integration with PingOne DaVinci represents a major strategic partnership enhancing Mitek's scalability and market reach in identity verification.
12 Feb
Mitek Systems, Inc. (NASDAQ: MITK) reported strong earnings, indicating high-quality financial performance. The company's results reflect effective management and growth potential, positioning it favorably in the market. Analysts view these earnings as a positive sign for future operations and investor confidence. Strong earnings suggest significant potential for future growth and improved market positioning.
Mitek Systems, Inc. has enhanced its unassisted video verification solution specifically for the Spanish market in response to the rising threat of AI-driven identity fraud. This upgrade aims to improve security and streamline the verification process for users in Spain, addressing the growing concerns over identity theft and fraud in the digital landscape. Enhancements to the video verification solution are likely to significantly impact Mitek's competitive positioning and market sentiment in the face of increasing identity fraud.
9 Feb
Mitek Systems, Inc. (MITK) has reached a 52-week high, prompting discussions about whether investors should consider cashing out. The surge in stock price reflects positive market sentiment and potential growth opportunities for the company, but it also raises questions about sustainability and future performance. The stock's rise indicates moderate influence on market sentiment and potential financial performance, but sustainability remains uncertain.
Mitek Systems, Inc. (MITK) has seen a significant rise in its stock price, but its financial performance appears inconsistent, raising questions about the sustainability of this upward trend. Investors are concerned about the company's ability to maintain growth amidst fluctuating financial results, leading to speculation about future performance. Inconsistent financials may moderately influence investor sentiment and future performance.
6 Feb
Mitek Systems, Inc. (MITK) reported strong revenue growth in Q1 2026, driven by increased demand for its digital identity verification solutions. The company highlighted strategic initiatives aimed at expanding its market presence and enhancing product offerings. Key metrics showed significant year-over-year improvements, reflecting robust performance in a competitive landscape. Management expressed optimism about future growth prospects and ongoing investments in technology innovation. Strong revenue growth and strategic initiatives indicate significant potential for future performance and market positioning.
5 Feb
Mitek Systems, Inc. reported its Q1 earnings, highlighting strong revenue growth driven by increased demand for its mobile capture solutions. The company emphasized its focus on innovation and expanding its product offerings to enhance customer experience. Management expressed optimism about future growth prospects and outlined strategic initiatives aimed at capturing a larger market share. Key financial metrics showed improvement, reflecting the effectiveness of recent investments and operational efficiencies. Significant revenue growth and strategic initiatives indicate a strong potential for future performance enhancement.
Mitek Systems, Inc. (MITK) reported better-than-expected earnings and revenue for Q1, surpassing analysts' estimates. The company's strong performance is attributed to increased demand for its mobile capture and identity verification solutions. Mitek's growth reflects its strategic focus on innovation and expanding its market presence, positioning it favorably in the competitive landscape. Strong earnings and revenue growth indicate significant positive momentum for the company's future performance.
Mitek Systems, Inc. (MITK) reported its Q1 earnings, revealing key metrics that were compared against analysts' estimates. The results highlighted the company's performance in areas such as revenue growth and profitability, providing insights into its operational efficiency and market position. Investors are closely monitoring these figures to gauge future performance and strategic direction. The earnings report indicates moderate changes in financial performance that could influence investor sentiment and operational strategies.