Mitek Systems, Inc. (MITK)

Market Cap	590.03M
Revenue (ttm)	163.77M
Net Income (ttm)	-2.50M
Shares Out	46.79M
EPS (ttm)	-0.06
PE Ratio	n/a
Forward PE	10.94
Dividend	n/a
Ex-Dividend Date	n/a

Volume	41,339
Open	12.44
Previous Close	12.41
Day's Range	12.44 - 12.79
52-Week Range	8.88 - 16.24
Beta	1.11
Analysts	Strong Buy
Price Target	19.00 (+50.56%)
Earnings Date	Apr 15, 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 50.56% from the latest price.

Price Target

$19.0

(50.56% upside)

Analyst Consensus: Strong Buy