Mitek Systems, Inc. (MITK)
| Market Cap | 640.77M |
| Revenue (ttm) | 186.68M |
| Net Income (ttm) | 16.18M |
| Shares Out | 45.32M |
| EPS (ttm) | 0.34 |
| PE Ratio | 41.22 |
| Forward PE | 12.43 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 876,954 |
| Open | 13.92 |
| Previous Close | 14.08 |
| Day's Range | 13.89 - 14.53 |
| 52-Week Range | 8.08 - 15.80 |
| Beta | 1.03 |
| Analysts | Strong Buy |
| Price Target | 15.00 (+6.08%) |
| Earnings Date | May 7, 2026 |
About MITK
Mitek Systems, Inc. provides digital identity verification and fraud prevention solutions worldwide. The company offers Mobile Deposit, a mobile remote deposit capture solution for retail financial institutions, brokerages, and prepaid card providers; Check Fraud Defender, a cloud-hosted fraud mitigation service; Mitek Verified Identity Platform, an end-to-end identity verification solution; Mobile Verify, an omnichannel identity document verification engine; MiSnap, a software development kit that replaces manual image capture with auto-captur... [Read more]
Financial Performance
In fiscal year 2025, Mitek Systems's revenue was $179.69 million, an increase of 4.42% compared to the previous year's $172.08 million. Earnings were $8.80 million, an increase of 168.33%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for MITK stock is "Strong Buy" and the 12-month stock price target is $15.0.
News
Tyfone Expands Check Fraud Protection Capabilities with Mitek Systems' Check Fraud Defender
PORTLAND, Ore.--(BUSINESS WIRE)-- #CheckFraudDefender--Tyfone Expands Check Fraud Protection Capabilities with Mitek Systems' Check Fraud Defender.
Mitek to Report Fiscal 2026 Second Quarter Financial Results on May 7, 2026
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 th...
Mitek and Synectics Solutions Partner to Help UK Insurers Tackle Rising Digital Fraud While Expanding Fair Access to Insurance
LONDON--(BUSINESS WIRE)--Mitek (NASDAQ: MITK) and Synectics Solutions have partnered to help UK insurers detect fraud earlier in digital insurance applications while improving access to coverage for g...
Mitek Now Integrates with Ping Identity's PingOne DaVinci to Deliver Identity Verification at Scale Across the Full Customer Journey
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, today announced a new integration with Ping Identity, a leader in...
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Mitek Strengthens Its Unassisted Video Verification Solution for the Spanish Market as AI-Driven Identity Fraud Accelerates
SAN DIEGO & BARCELONA, Spain--(BUSINESS WIRE)--Mitek Systems (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, today announced enhancements to its SEPBLAC-complian...
Mitek Systems Earnings Call Transcript: Q1 2026
Fiscal Q1 2026 saw 19% revenue growth and 69% higher adjusted EBITDA, driven by strong fraud and identity demand and SaaS adoption. Guidance for FY26 was raised, with continued investment in platform innovation, expanded sales force, and a new $50M share repurchase program.
Mitek Reports Fiscal 2026 First Quarter Results and Raises Full-Year Outlook
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity verification and fraud prevention, today reported fi...
Mitek to Report Fiscal 2026 First Quarter Financial Results on February 5, 2026
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 th...
Mitek Recognized as a Leader in Fraud and Identity Verification by Datos Insights
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, has been recognized for its strong performance in a recent indepe...
Mitek Systems Earnings Call Transcript: Q4 2025
Fiscal 2025 closed with strong results, driven by SaaS acceleration and robust fraud and identity demand. FY26 guidance projects continued double-digit growth in fraud and identity, stable check verification, and disciplined investment, with margins maintained as the company unifies its platform and expands its consortium.
Mitek Reports Record Fiscal 2025 Revenue
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity verification and fraud prevention, today reported fi...
Mitek to Report Fiscal 2025 Fourth Quarter and Full Year Financial Results on December 11, 2025
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 th...
More Industry Honors for Mitek Systems in Fight Against AI-Powered Fraud
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, has won top honors in two categories at Juniper Research's Fintec...
Mitek to Participate in the Jefferies Fintech Conference on September 3, 2025
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity verification and fraud prevention, today announced t...
Mitek Systems Wins Industry Award for Advanced Protection Against AI-Enabled Fraud, Deepfakes and Injection Attacks
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, has been named the silver medalist in the 2025 Datos Insights Fra...
Mitek Systems Earnings Call Transcript: Q3 2025
Q3 saw 2% revenue growth, strong SaaS momentum, and near break-even in identity, with SaaS now 41% of revenue. Guidance for FY25 was raised, operational efficiency improved, and free cash flow conversion hit 99%.
Mitek Reports Fiscal 2025 Third Quarter Financial Results
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity verification and fraud prevention, today reported fi...
Mitek to Report Fiscal 2025 Third Quarter Financial Results on Aug. 7, 2025
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 th...
Mitek Systems Transcript: 45th Annual William Blair Growth Stock Conference
The event highlighted a focus on integrating solutions, driving organic growth, and expanding SaaS revenue above 50%. Fraud solutions are evolving to address rising digital threats, with strong cash flow and margin improvement initiatives underway. Capital allocation prioritizes organic growth and share repurchases.
Mitek Announces Participation in Upcoming Investor Conferences
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity verification, mobile capture and fraud management, t...
Mitek Systems Earnings Call Transcript: Q2 2025
Q2 revenue grew 11% year-over-year to $51.9 million, with SaaS revenue up 15% and now 40% of total revenue. Raised EBITDA margin guidance, maintained revenue outlook, and expanded fraud and identity solutions, supported by strong cash flow and new credit facility.
Mitek Reports Record Fiscal 2025 Second Quarter Financial Results
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity verification, mobile capture and fraud management, t...
Mitek Appoints Industry Expert Garrett Gafke as Chief Operating Officer to Accelerate Growth and Innovation
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, fraud prevention, and biometrics, today announced the appointment of Garrett Gafke as ...
Mitek to Report Fiscal 2025 Second Quarter Financial Results on May 8, 2025
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture, and fraud management, today announced that it will release its financi...