Mitek Systems, Inc. (MITK)

Market Cap	522.65M
Revenue (ttm)	164.61M
Net Income (ttm)	-7.38M
Shares Out	46.79M
EPS (ttm)	-0.16
PE Ratio	n/a
Forward PE	9.68
Dividend	n/a
Ex-Dividend Date	n/a

Volume	393,278
Open	11.03
Previous Close	11.11
Day's Range	10.95 - 11.20
52-Week Range	9.47 - 16.24
Beta	1.08
Analysts	Strong Buy
Price Target	19.00 (+70.1%)
Earnings Date	May 13, 2024

About MITK

Mitek Systems, Inc. provides mobile image capture and digital identity verification solutions worldwide. Its product portfolio includes Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications; and Mobile Fill, which includes automatic image capture, minimizes the numbers of clicks, and expedites form fill completion. The company also offers MiS...

• Industry: Software - Application
• Sector: Technology
• Founded: 1983
• Employees: 573
• Stock Exchange: NASDAQ
• Ticker Symbol: MITK

Financial Performance

In 2023, Mitek Systems's revenue was $172.55 million, an increase of 19.16% compared to the previous year's $144.80 million. Earnings were $8.03 million, an increase of 117.30%.

Analyst Forecast

According to 2 analysts, the average rating for MITK stock is "Strong Buy." The 12-month stock price forecast is $19.0, which is an increase of 70.10% from the latest price.

Price Target

$19.0

(70.10% upside)

Analyst Consensus: Strong Buy