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Mitek Systems, Inc. (MITK)

NASDAQ: MITK · Delayed Price · USD
19.30
+0.06 (0.31%)
After-hours:Sep 24, 2021 7:05 PM EDT
19.24
-0.12 (-0.62%)
At close: Sep 24, 4:00 PM
Market Cap847.02M
Revenue (ttm)117.17M
Net Income (ttm)11.17M
Shares Out43.77M
EPS (ttm)0.25
PE Ratio77.89
Forward PE20.88
Dividendn/a
Ex-Dividend Daten/a
Volume265,333
Open19.25
Previous Close19.36
Day's Range18.78 - 19.39
52-Week Range11.27 - 23.29
Beta0.28
AnalystsStrong Buy
Price Target25.00 (+29.9%)
Est. Earnings DateNov 4, 2021

About MITK

Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and browsers to facilitate online user experiences, fraud detection and reduction, and compliant transactions. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that ...

IndustrySoftware
Founded1983
CEOScipio Carnecchia
Employees350
Stock ExchangeNASDAQ
Ticker SymbolMITK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for Mitek Systems stock is "Strong Buy." The 12-month stock price forecast is 25.00, which is an increase of 29.94% from the latest price.

Price Target
$25.00
(29.94% upside)
Analyst Consensus: Strong Buy

News

Mitek to Participate in a Fireside Chat at the Jefferies Virtual Software Conference on September 14, 2021

SAN DIEGO--(BUSINESS WIRE)--Mitek (NASDAQ: MITK) (www.miteksystems.com), a global leader in mobile capture and digital identity verification solutions, today announced that CEO Max Carnecchia and CFO Fr...

2 weeks ago - Business Wire

Mitek Systems (MITK) Q3 Earnings and Revenues Top Estimates

Mitek Systems (MITK) delivered earnings and revenue surprises of 43.75% and 6.87%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Mitek Reports Record Revenue Up 25% Year Over Year and Rapid Adoption of Its Check Fraud Consortium

SAN DIEGO--(BUSINESS WIRE)--Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and digital identity verification solutions, today reported financial results for its third quar...

1 month ago - Business Wire

Top Wall Street analysts say these stocks are buys going into earnings

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Apple & Starbucks.

Other symbols:AAPLFBGOOGGOOGLSBUX
2 months ago - CNBC

Mitek Systems (MITK) to Report Q3 Results: What to Expect

Mitek Systems (MITK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Mitek to Report Third Quarter Fiscal 2021 Financial Results on July 29, 2021

SAN DIEGO--(BUSINESS WIRE)--Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and digital identify verification solutions, today announced that it will release its financial ...

2 months ago - Business Wire

Mitek Introduces Check Fraud Defender

SAN DIEGO--(BUSINESS WIRE)--Mitek announces Check Fraud Defender, the first AI-powered, cloud-hosted consortium for financial institutions to counteract check fraud.

2 months ago - Business Wire

Mitek Announces $15 Million Share Repurchase Program

SAN DIEGO--(BUSINESS WIRE)--Mitek (NASDAQ: MITK), a global leader in mobile capture and digital identity verification solutions, today announced that its Board of Directors authorized a share repurchase...

3 months ago - Business Wire

Mitek Systems Appoints New Board Member and Chief Financial Officer

SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in mobile capture and digital identity verification solutions, today announced the appointment of Susan Repo to its board ...

3 months ago - Business Wire

2 Small-Cap Stocks to Invest in the Fast-Growing Identity Solutions Market

This is a growing industry with a long runway ahead of it.

Other symbols:IDN
3 months ago - The Motley Fool

Mitek Acquires ID R&D to Lead Fight Against Biometric Identity Fraud

SAN DIEGO--(BUSINESS WIRE)--Mitek has acquired ID R&D, an award-winning provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection.

3 months ago - Business Wire

7 Growth Stocks With the Potential for Huge Upside

When it comes to growth stocks to buy, we've all got our ideas of what works. Here are seven ideas from one innovative portfolio.

3 months ago - InvestorPlace

Mitek to Present at the William Blair 41st Annual Growth Stock Virtual Conference on June 2, 2021

SAN DIEGO--(BUSINESS WIRE)--Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and digital identity verification solutions, today announced that CEO Max Carnecchia and CFO Jef...

3 months ago - Business Wire

Mitek to Present at 16th Annual Needham Virtual Technology and Media Conference on May 18, 2021

SAN DIEGO--(BUSINESS WIRE)--Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and digital identity verification solutions, today announced that CEO Max Carnecchia and CFO Jef...

4 months ago - Business Wire

Mitek Systems (MITK) Beats Q2 Earnings and Revenue Estimates

Mitek Systems (MITK) delivered earnings and revenue surprises of 23.08% and 6.70%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Mitek Reports Record Second Quarter Revenue With Total Revenue Up 24% Year Over Year

SAN DIEGO--(BUSINESS WIRE)--Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and digital identify verification solutions, today reported record financial results for its sec...

4 months ago - Business Wire

Mitek Systems (MITK) Expected to Beat Earnings Estimates: Should You Buy?

Mitek Systems (MITK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Mitek to Report Second Quarter Fiscal 2021 Financial Results on April 29, 2021

SAN DIEGO--(BUSINESS WIRE)--Mitek (NASDAQ: MITK) (www.miteksystems.com), a global leader in mobile capture and digital identify verification solutions, today announced that it will release its financial...

5 months ago - Business Wire

Mitek to Present at Maxim Group's 2021 Inaugural Emerging Growth Virtual Conference

SAN DIEGO, March 16, 2021 (GLOBE NEWSWIRE) -- Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and digital identity verification solutions, today announced that CEO Max Carn...

6 months ago - GlobeNewsWire

Mitek Announces Pricing of $135,000,000 Private Offering of 0.750% Convertible Senior Notes

SAN DIEGO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Mitek Systems, Inc. (“Mitek”) announced today the pricing of its private offering of $135,000,000 aggregate principal amount of 0.750% Convertible Senior Not...

7 months ago - GlobeNewsWire

Why Mitek Systems Stock Plummeted Today

The digital identity specialist announces a convertible note offering.

7 months ago - The Motley Fool

Mitek Announces Proposed Private Offering of $125,000,000 of Convertible Senior Notes

SAN DIEGO, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Mitek Systems, Inc. (“Mitek”) (NASDAQ: MITK) announced today that, subject to market and other conditions, it intends to offer $125,000,000 aggregate princip...

7 months ago - GlobeNewsWire

Mitek Systems, Inc. (MITK) CEO Max Carnecchia on Q1 2021 Results - Earnings Call Transcript

Mitek Systems, Inc. (MITK) CEO Max Carnecchia on Q1 2021 Results - Earnings Call Transcript

7 months ago - Seeking Alpha

Mitek Systems (MITK) Matches Q1 Earnings Estimates

Mitek Systems (MITK) delivered earnings and revenue surprises of 0.00% and 3.22%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Mitek Reports 18% Revenue Growth in Record First Quarter

Results driven by 40% increase in identity verification revenue Results driven by 40% increase in identity verification revenue

7 months ago - GlobeNewsWire