MITEK SYSTEMS INC
MITKNASDAQTrading Snapshot
- Day Range
- $16.41 β $16.67
- 52-Week Range
- $8.53 β $21.05
- Volume
- $2.12B
- Avg Volume
- $2.70B
- Shares Outstanding
- 45.2M
- Next Earnings
- Nov 14, 2026
Fundamentals Snapshot
- Annual Revenue
- $180M
- Last Q Revenue
- $54M
- P/E Ratio
- 33.9
- P/S Ratio
- 3.9x
- EPS (TTM)
- $0.47
- Dividend Yield
- β
- Dilution (1yr)
- +4.4%
Why Investors Own MITK
- βHigh-growth profile β revenue up +13.2% YoY with expanding US Equity exposure.
- βHealthy economics β 28% gross margin and 22% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
MITEK SYSTEMS INC
MITKAbout MITEK SYSTEMS INC
Mitek Systems, Inc. (MITK) specializes in developing and offering mobile image capture and digital identity verification technologies globally, with operations spanning the United States, Europe, Latin America, and other international markets. These offerings are seamlessly integrated into native mobile applications and web browsers, streamlining digital interactions for users. Among its key products, Mitek provides: Mobile Deposit, enabling individuals and businesses to conveniently deposit checks remotely using their camera-equipped smartphones or tablets. Mobile Verify, an identity verification platform accessible across mobile apps, websites, and desktop applications. Mobile Fill, which enhances user experience through automatic image capture and minimizes clicks for expedited form completion. MiSnap, a mobile-capture software development kit (SDK) that ensures intuitive operation and high-quality image capture for both identity documents and checks. For financial institutions, Mitek offers a dedicated suite of check-related solutions: CheckReader automates data extraction from checks. Check Fraud Defender leverages AI and cloud capabilities to combat check fraud. Check Intelligence provides automatic data extraction from check images received through any deposit channel, from branches to ATMs, remote deposit capture, and mobile. Furthermore, the company's robust identity verification portfolio includes: ID_CLOUD, an automated system for reading and validating identity documents directly within a customer's application. IDLive Face, a passive solution for detecting facial liveness. IDVoice, an advanced AI-powered voice biometric engine. IDLive Voice, designed to prevent spoofing attacks on voice biometric systems. IDLive Doc, which helps counteract fraud associated with digitally displayed document images. Established in 1986, Mitek Systems, Inc. is headquartered in San Diego, California.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Price Target
βLatest News & Updates
MITEK SYSTEMS INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift MITK price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
MITEK SYSTEMS INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.