Mitek Systems, Inc. develops, markets, and sells mobile imaging and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company is headquartered in San Diego, California.
| Revenue (TTM) | $197.90M |
| Gross Profit (TTM) | $165.47M |
| EBITDA | $49.55M |
| Operating Margin | 21.40% |
| Return on Equity | 9.23% |
| Return on Assets | 5.49% |
| Revenue/Share (TTM) | $4.35 |
| Book Value | $5.55 |
| Price-to-Book | 3.19 |
| Price-to-Sales (TTM) | 4.03 |
| EV/Revenue | 3.791 |
| EV/EBITDA | 14.02 |
| Quarterly Earnings Growth (YoY) | 240.00% |
| Quarterly Revenue Growth (YoY) | 18.20% |
| Shares Outstanding | $45.12M |
| Float | $43.69M |
| % Insiders | 3.19% |
| % Institutions | 88.51% |
Volatility is currently contracting
Mitek Systems is rated Buy, with a 12-month target price of $19.87, implying 16% upside from $17.14. MITK's dual-engine model—legacy Check Verification and Fraud & Identity (F&I)—drives 18% YoY revenue growth and robust free cash flow. Operational efficiency improved as R&D and S&M costs fell ~10% YoY, boosting adjusted EBITDA margin from 28% to 38%.
The consensus price target hints at a 27.3% upside potential for Mitek Systems (MITK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Does Mitek Systems (MITK) have what it takes to be a top stock pick for momentum investors? Let's find out.
The consensus price target hints at a 25.2% upside potential for Mitek Systems (MITK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Mitek Systems (MITK) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Mitek Systems (MITK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Mitek Systems demonstrates accelerating SaaS and Fraud & Identity growth, with Q3 revenue up 18% YoY and robust profitability. MITK's SaaS revenue grew 36% YoY, while adjusted EBITDA margin reached 38.5%, signaling a successful transition beyond legacy check products. Check Verification Solutions remain resilient, with new strategic value emerging via the Check Fraud Defender network.
Mitek Systems NASDAQ: MITK reported fiscal third-quarter 2026 revenue growth of 18% year over year, supported by record fraud and identity revenue, higher SaaS sales and continued expansion of its Check Fraud Defender consortium network.
Mitek Systems, Inc. (MITK) Q3 2026 Earnings Call Transcript
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, today announced that it will release its financial results for the third quarter of fiscal year 2026, which ended June 30, 2026, after the U.S. market closes on Thursday, August 6, 2026. Mitek will host a conference call and live webcast to discuss the results at 2 p.m. PT (5 p.m. ET). Mitek CEO Ed West and CFO Dave Lyle will lead the call, followed by a Q&A.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on MITK and any ticker you trade — then tracks every position and per-strategy win rate.
