S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94

Mitek Systems (MITK) Stock Forecast, Price & News

+0.21 (+2.25%)
(As of 05/13/2022 06:55 PM ET)
Today's Range
50-Day Range
52-Week Range
347,100 shs
Average Volume
375,107 shs
Market Capitalization
$423.51 million
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
Receive MITK 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.

Mitek Systems logo

About Mitek Systems

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.


See More Headlines

Industry, Sector and Symbol

Computer peripheral equipment, not elsewhere classified
Current Symbol
Year Founded

Sales & Book Value

Annual Sales
$119.80 million
Cash Flow
$0.91 per share
Book Value
$4.20 per share


Net Income
$7.98 million
Pretax Margin




Free Float
Market Cap
$423.51 million

Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End


Overall MarketRank

2.45 out of 5 stars

Computer And Technology Sector

230th out of 916 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

5th out of 20 stocks

Analyst Opinion: 3.5Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -

Mitek Systems (NASDAQ:MITK) Frequently Asked Questions

Is Mitek Systems a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mitek Systems in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Mitek Systems stock.
View analyst ratings for Mitek Systems
or view top-rated stocks.

When is Mitek Systems' next earnings date?

Mitek Systems is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Mitek Systems

How were Mitek Systems' earnings last quarter?

Mitek Systems, Inc. (NASDAQ:MITK) released its quarterly earnings results on Thursday, April, 28th. The software maker reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.04. The software maker had revenue of $34.70 million for the quarter, compared to analysts' expectations of $33.02 million. Mitek Systems had a net margin of 7.76% and a trailing twelve-month return on equity of 17.17%. Mitek Systems's revenue was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.11 earnings per share.
View Mitek Systems' earnings history

What price target have analysts set for MITK?

4 Wall Street analysts have issued 12 month price targets for Mitek Systems' stock. Their forecasts range from $20.00 to $28.00. On average, they anticipate Mitek Systems' stock price to reach $23.33 in the next twelve months. This suggests a possible upside of 144.3% from the stock's current price.
View analysts' price targets for Mitek Systems
or view top-rated stocks among Wall Street analysts.

Who are Mitek Systems' key executives?
Mitek Systems' management team includes the following people:
What is Max Carnecchia's approval rating as Mitek Systems' CEO?

3 employees have rated Mitek Systems CEO Max Carnecchia on Glassdoor.com. Max Carnecchia has an approval rating of 69% among Mitek Systems' employees.

What other stocks do shareholders of Mitek Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mitek Systems investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Salesforce (CRM), Intel (INTC), Square (SQ), AbbVie (ABBV), PayPal (PYPL) and Cisco Systems (CSCO).

What is Mitek Systems' stock symbol?

Mitek Systems trades on the NASDAQ under the ticker symbol "MITK."

Who are Mitek Systems' major shareholders?

Mitek Systems' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.23%), Blue Grotto Capital LLC (5.90%), Toronado Partners LLC (5.88%), Vanguard Group Inc. (5.37%), Independent Advisor Alliance (2.99%) and Dimensional Fund Advisors LP (1.71%). Company insiders that own Mitek Systems stock include Alex W Hart, Bruce Edward Hansen, Jane J Thompson, Jason Gray, Jeffrey C Davison, Jeffrey C Davison, Michael E Diamond, Scipio Maximus Carnecchia, Stephen Ritter and William K Aulet.
View institutional ownership trends for Mitek Systems

Which major investors are selling Mitek Systems stock?

MITK stock was sold by a variety of institutional investors in the last quarter, including Wisconsin Capital Management LLC, Norwood Investment Partners LP, Renaissance Technologies LLC, State Board of Administration of Florida Retirement System, Mirae Asset Global Investments Co. Ltd., BlackRock Inc., Dimensional Fund Advisors LP, and Cannell & Co.. Company insiders that have sold Mitek Systems company stock in the last year include Jason Gray, Jeffrey C Davison, Michael E Diamond, Scipio Maximus Carnecchia, Stephen Ritter, and William K Aulet.
View insider buying and selling activity for Mitek Systems
or view top insider-selling stocks.

Which major investors are buying Mitek Systems stock?

MITK stock was bought by a variety of institutional investors in the last quarter, including Blue Grotto Capital LLC, Independent Advisor Alliance, Toronado Partners LLC, LGT Group Foundation, Russell Investments Group Ltd., Redmond Asset Management LLC, Federated Hermes Inc., and Zurcher Kantonalbank Zurich Cantonalbank .
View insider buying and selling activity for Mitek Systems
or or view top insider-buying stocks.

How do I buy shares of Mitek Systems?

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

What is Mitek Systems' stock price today?

One share of MITK stock can currently be purchased for approximately $9.55.

How much money does Mitek Systems make?

Mitek Systems has a market capitalization of $423.51 million and generates $119.80 million in revenue each year. The software maker earns $7.98 million in net income (profit) each year or $0.229990 on an earnings per share basis.

How many employees does Mitek Systems have?

Mitek Systems employs 435 workers across the globe.

What is Mitek Systems' official website?

The official website for Mitek Systems is www.miteksystems.com.

How can I contact Mitek Systems?

Mitek Systems' mailing address is 600 B STREET SUITE 100, SAN DIEGO CA, 92101. The software maker can be reached via phone at (619) 269-6800, via email at [email protected], or via fax at 619-269-6801.

This page was last updated on 5/16/2022 by MarketBeat.com Staff


Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.