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NASDAQ:MITK

Mitek Systems (MITK) Stock Price, News & Analysis

Mitek Systems logo
$17.84 -0.01 (-0.03%)
As of 11:24 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Mitek Systems Stock (NASDAQ:MITK)

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Key Stats

Today's Range
$17.44
$18.32
50-Day Range
$15.91
$20.14
52-Week Range
$8.53
$21.05
Volume
362,197 shs
Average Volume
909,484 shs
Market Capitalization
$804.72 million
P/E Ratio
37.96
Dividend Yield
N/A
Price Target
$19.33
Consensus Rating
Buy

Company Overview

Mitek Systems, Inc. (NASDAQ: MITK) is a software company specializing in mobile capture and digital identity verification solutions. Headquartered in San Diego, California, Mitek develops and licenses patented technology that enables organizations to securely capture, authenticate and process identity documents, checks and other physical media using smartphones and other digital devices. Its platforms leverage advanced image processing, machine learning and biometrics to streamline customer onboarding and prevent fraud in real time.

The company’s core offerings include mobile check deposit and deposit automation tools for financial institutions, as well as identity verification and authentication services for banks, fintechs, insurers and government agencies. Mitek’s software can extract data from driver’s licenses, passports and other identity documents, compare user selfies to document images, and assess liveness to guard against spoofing and synthetic identity fraud. These solutions integrate via APIs and SDKs into mobile apps, web portals and back-office systems.

Mitek serves a global customer base across North America, Europe, the Asia-Pacific region and Australia. Its technology is embedded in the digital workflows of major banks, credit unions, payment processors and emerging financial services providers, helping them accelerate digital onboarding, reduce operational costs and enhance regulatory compliance. The company also works with insurance carriers and regulators to support paper-to-digital transitions and secure claims processing.

Founded in the mid-1980s, Mitek has evolved from a pioneer in imaging software into a leader in digital identity solutions. The company is led by President and Chief Executive Officer James DeBello, who has guided Mitek’s expansion into new markets and the development of its AI-driven platform. As a publicly traded firm listed on the NASDAQ, Mitek continues to invest in research and development to advance mobile capture, identity verification and fraud prevention technologies.

AI Generated. May Contain Errors.

Mitek Systems Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
56th Percentile Overall Score

MITK MarketRank™: 

Mitek Systems scored higher than 56% of companies evaluated by MarketBeat, and ranked 368th out of 603 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Mitek Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, 1 buy rating, 1 hold rating, and no sell ratings.

  • Upside/Downside

    The consensus price target for Mitek Systems is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Mitek Systems has only been the subject of 2 research reports in the past 90 days.

  • Read more about Mitek Systems' stock forecast and price target.
  • Earnings Growth

    Earnings for Mitek Systems are expected to grow by 18.68% in the coming year, from $0.91 to $1.08 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Mitek Systems is 38.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.02.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mitek Systems is 38.04, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 74.94.

  • Price to Book Value per Share Ratio

    Mitek Systems has a P/B Ratio of 3.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Mitek Systems' valuation and earnings.
  • Percentage of Shares Shorted

    8.25% of the float of Mitek Systems has been sold short.
  • Short Interest Ratio / Days to Cover

    Mitek Systems has a short interest ratio ("days to cover") of 4.52.
  • Change versus previous month

    Short interest in Mitek Systems has recently increased by 9.74%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Mitek Systems does not currently pay a dividend.

  • Dividend Growth

    Mitek Systems does not have a long track record of dividend growth.

  • News Sentiment

    Mitek Systems has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.88 average news sentiment score of Technology companies.
  • Search Interest

    Only 5 people have searched for MITK on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Mitek Systems to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Mitek Systems insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    2.20% of the stock of Mitek Systems is held by insiders.

  • Percentage Held by Institutions

    83.64% of the stock of Mitek Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Mitek Systems' insider trading history.
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MITK Stock News Headlines

Mitek Appoints Aaron Seyler as Chief Revenue Officer
Three companies about to leapfrog Nvidia [And transform the entire industry]
AI data centers have a power problem nobody likes to talk about. A single rack of computers can now use more electricity than an entire office building. One new chip, which looks more like a piece of plywood than a processor, delivers similar performance on a fraction of the power. Tech investing veteran George Gilder says that efficiency gap could decide who wins the next stage of AI. Gilder has identified three companies positioned around this power breakthrough, calling them the Trillion Dollar Triangle.tc pixel
Mitek Systems: Q3 Improves My Thesis
Mitek Systems: Fiscal Q3 Earnings Snapshot
See More Headlines

MITK Stock Analysis - Frequently Asked Questions

Mitek Systems' stock was trading at $10.55 at the start of the year. Since then, MITK stock has increased by 69.4% and is now trading at $17.8760.

Mitek Systems, Inc. (NASDAQ:MITK) released its quarterly earnings data on Thursday, August, 6th. The software maker reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.06. The software maker earned $54.04 million during the quarter, compared to analyst estimates of $50.82 million. Mitek Systems had a net margin of 11.39% and a trailing twelve-month return on equity of 19.16%.
Read the conference call transcript
.

Mitek Systems' top institutional investors include Wellington Management Group LLP (3.95%), Bank of New York Mellon Corp (0.59%), Corient Private Wealth LP (0.07%) and Globeflex Capital L P (0.07%). Insiders that own company stock include Scipio Maximus Carnecchia, Garrett Gafke, Michael E Diamond, Jason Gray, Christopher H Briggs, Edward H West and Donna Wells.
View institutional ownership trends
.

Shares of MITK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Mitek Systems investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Tesla (TSLA), Broadcom (AVGO), Netflix (NFLX) and PayPal (PYPL).

Company Calendar

Last Earnings
8/06/2026
Today
9/02/2026
Fiscal Year End
9/30/2026
Next Earnings (Estimated)
10/29/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Software
Sub-Industry
Application Software
Current Symbol
NASDAQ:MITK
CIK
807863
Employees
450
Year Founded
1985

Price Target and Rating

High Price Target
$26.00
Low Price Target
$15.00
Potential Upside/Downside
+8.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.47
Trailing P/E Ratio
37.97
Forward P/E Ratio
19.62
P/E Growth
N/A
Net Income
$8.80 million
Net Margins
11.39%
Pretax Margin
15.97%
Return on Equity
19.16%
Return on Assets
11.32%

Debt

Debt-to-Equity Ratio
0.19
Current Ratio
2.74
Quick Ratio
2.74

Sales & Book Value

Annual Sales
$179.69 million
Price / Sales
4.48
Cash Flow
$1.19 per share
Price / Cash Flow
14.97
Book Value
$5.55 per share
Price / Book
3.22

Miscellaneous

Outstanding Shares
45,120,000
Free Float
44,129,000
Market Cap
$805.39 million
Optionable
Optionable
Beta
0.99

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This page (NASDAQ:MITK) was last updated on 9/2/2026 by MarketBeat.com Staff.
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