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NASDAQ:MITK

Mitek Systems (MITK) Stock Price, News & Analysis

Mitek Systems logo
$18.08 +0.39 (+2.20%)
Closing price 09/24/2026 04:00 PM Eastern
Extended Trading
$18.20 +0.12 (+0.66%)
As of 09/24/2026 07:47 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)

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Key Stats

Today's Range
$17.45
▼
$18.09
50-Day Range
$15.91
▼
$19.43
52-Week Range
$8.53
▼
$21.05
Volume
477,437 shs
Average Volume
606,477 shs
Market Capitalization
$815.77 million
P/E Ratio
38.47
Dividend Yield
N/A
Price Target
$19.33
Consensus Rating
Buy

Company Overview

Mitek Systems, Inc. (NASDAQ:MITK) develops digital identity verification and mobile capture software for financial institutions, fintech companies and other businesses. Its technology helps organizations verify identities, authenticate users and automate the submission and processing of documents and checks through digital channels.

The company’s offerings include mobile check deposit and check-processing solutions, as well as identity verification products that use document recognition, facial biometrics and liveness detection. Mitek also provides tools designed to help organizations detect check fraud, streamline customer onboarding and support secure digital access.

Founded in 1985, Mitek serves customers in the United States and international markets through its software products and services. The company’s solutions are used by banks, credit unions, payment providers and businesses seeking to reduce manual processes and manage fraud risk across digital transactions.

AI Generated. May Contain Errors.

Mitek Systems Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
58th Percentile Overall Score

MITK MarketRank™: 

Mitek Systems scored higher than 58% of companies evaluated by MarketBeat, and ranked 340th out of 594 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 38.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.64.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mitek Systems is 38.47, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 79.05.

  • Price to Book Value per Share Ratio

    Mitek Systems has a P/B Ratio of 3.44. 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

    9.30% 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 7.29.
  • Change versus previous month

    Short interest in Mitek Systems has recently increased by 2.03%, indicating that investor sentiment is decreasing.
  • 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 0.37. 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 0.53 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Mitek Systems this week, compared to 2 articles on an average week.
  • Search Interest

    9 people have searched for MITK on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Mitek Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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.
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MITK Stock News Headlines

Mitek Systems: A Fintech Pivot Waiting For A Short Squeeze
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Mitek Appoints Aaron Seyler as Chief Revenue Officer
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 shares have increased by 71.4% and is now trading at $18.08.

Mitek Systems, Inc. (NASDAQ:MITK) issued its earnings results on Thursday, August, 6th. The software maker reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates 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 trailing twelve-month return on equity of 19.16% and a net margin of 11.39%.
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%), Squarepoint Ops LLC (0.31%) and Corient Private Wealth LP (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
9/24/2026
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
595
Year Founded
1985

Price Target and Rating

High Price Target
$26.00
Low Price Target
$15.00
Potential Upside/Downside
+6.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.47
Trailing P/E Ratio
38.47
Forward P/E Ratio
19.87
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
4.54
Cash Flow
$1.28 per share
Price / Cash Flow
14.17
Book Value
$5.26 per share
Price / Book
3.44

Miscellaneous

Outstanding Shares
45,120,000
Free Float
44,129,000
Market Cap
$815.77 million
Optionable
Optionable
Beta
0.99

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This page (NASDAQ:MITK) was last updated on 9/25/2026 by MarketBeat.com Staff.
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