Free Trial
NASDAQ:MITK

Mitek Systems (MITK) Stock Price, News & Analysis

Mitek Systems logo
$16.88 +1.09 (+6.90%)
Closing price 10/15/2026 04:00 PM Eastern
Extended Trading
$16.50 -0.38 (-2.25%)
As of 10/15/2026 07:53 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Mitek Systems Stock (NASDAQ:MITK)

Advanced

Key Stats

Today's Range
$15.40
▼
$16.96
50-Day Range
$15.79
▼
$19.43
52-Week Range
$8.53
▼
$21.05
Volume
930,499 shs
Average Volume
636,418 shs
Market Capitalization
$761.66 million
P/E Ratio
35.92
Dividend Yield
N/A
Price Target
$19.33
Consensus Rating
Hold

Company Overview

Mitek Systems, Inc. develops software for digital identity verification, fraud prevention and mobile banking. Its technology enables organizations to capture, authenticate and process information from checks, identity documents and other sources through smartphones and digital channels.

The company’s products include Mobile Deposit, which allows consumers to deposit checks remotely, as well as identity-verification and document-authentication solutions designed to support account opening, customer onboarding and ongoing access to digital services. Mitek also offers tools intended to help financial institutions and other businesses detect fraudulent checks and identities.

Founded in 1985 and headquartered in San Diego, California, Mitek serves banks, credit unions, fintech companies and businesses in financial services and other industries. Its solutions are used by organizations in North America and international markets to help deliver secure digital experiences. The company’s leadership and product strategy have historically focused on expanding the use of mobile capture, identity verification and fraud-prevention technologies.

AI Generated. May Contain Errors.

Mitek Systems Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
51st Percentile Overall Score

MITK MarketRank™: 
2.543997898605 of 5 stars

Mitek Systems scored higher than 51% of companies evaluated by MarketBeat, and ranked 364th out of 589 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 Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

  • Upside Potential

    Mitek Systems has a consensus price target of $19.33, representing about 14.5% upside from its current price of $16.88.

  • 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 35.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 41.21.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mitek Systems is 35.92, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 65.38.

  • Price to Book Value per Share Ratio

    Mitek Systems has a P/B Ratio of 3.21. 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

    10.23% 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 6.76.
  • Change versus previous month

    Short interest in Mitek Systems has recently increased by 10.04%, 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 0.41. 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 lower news sentiment than the 0.69 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Mitek Systems this week, compared to 2 articles on an average week.
  • Search Interest

    Only 4 people have searched for MITK on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
  • MarketBeat Follows

    Only 6 people have added Mitek Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 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.
Receive MITK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Mitek Systems and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

MITK Stock News Headlines

This Tiny Sub-$1 Gold-Silver Royalty Stock Is Ready to Run
A gold-silver royalty firm just closed the largest transaction in its history a new gold streaming deal on a producing mine. The company earns cash flow without operating a single mine, and shares still trade below $1. A major mining financier has already invested and joins the CEO in an exclusive interview.tc pixel
Mitek Systems (NASDAQ:MITK) Stock Rating Lowered by Zacks Research
Mitek Systems Inc (MITK)
See More Headlines

MITK Stock Analysis - Frequently Asked Questions

Mitek Systems' stock was trading at $10.55 at the beginning of the year. Since then, MITK shares have increased by 60.0% and is now trading at $16.88.

Mitek Systems, Inc. (NASDAQ:MITK) announced its earnings results on Thursday, August, 6th. The software maker reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.06. The software maker earned $54.04 million during the quarter, compared to the consensus estimate 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
.

Top institutional investors of Mitek Systems include Ellsworth Advisors LLC (0.12%) and State of Alaska Department of Revenue (0.02%). 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), Block (XYZ), PayPal (PYPL), Tesla (TSLA), Palantir Technologies (PLTR) and Alibaba Group (BABA).

Company Calendar

Last Earnings
8/06/2026
Today
10/16/2026
Next Earnings (Estimated)
10/29/2026
Fiscal Year End
9/30/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Software
Sub-Industry
Application Software
Current Symbol
NASDAQ:MITK
CIK
807863
Employees
595
Year Founded
1985

Price Target and Rating

High Price Target
$26.00
Low Price Target
$15.00
Potential Upside/Downside
+14.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.47
Trailing P/E Ratio
35.92
Forward P/E Ratio
18.55
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
$197.90 million
Price / Sales
3.85
Cash Flow
$1.32 per share
Price / Cash Flow
12.81
Book Value
$5.26 per share
Price / Book
3.21

Miscellaneous

Outstanding Shares
45,122,000
Free Float
44,129,000
Market Cap
$761.66 million
Optionable
Optionable
Beta
0.94

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report

This page (NASDAQ:MITK) was last updated on 10/15/2026 by MarketBeat.com Staff.
From Our Partners