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Mitek Systems, Inc. (MITK)

Technology | Software - Application | San Diego, United States | NasdaqCM
14.95 USD -0.20 (-1.320%) ⇩ (April 20, 2026, 4 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:03 a.m. EDT

Mitek Systems is exhibiting a classic 'smart money' long entry pattern via deep ITM calls and strong analyst upgrades citing fraud detection growth, despite near-term skepticism about valuation and lack of dividends. The market is pricing in a continuation of the meme-driven rally with very low risk assumptions, but investors should be wary of the valuation disconnect if earnings don't fully support the forward multiple.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.218319
AutoETS0.262622
AutoARIMA0.262624
MSTL0.265346

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 46%
H-stat 6.80
Ljung-Box p 0.000
Jarque-Bera p 0.098
Excess Kurtosis -0.85
Attribute Value
Sector Technology
Debt to Equity Ratio 69.347
Revenue per Share 4.072
Market Cap 677,478,528
Trailing P/E 42.71
Forward P/E 12.21
Beta 1.03
Profit Margins 8.67%
Website https://www.miteksystems.com

As of April 19, 2026, 12:03 a.m. EDT: Options flow shows dominant bullish positioning, particularly in July 2026 calls, with 3.5k volume at the $5.00 strike (deep ITM) acting as leverage for further upside. ATM call activity is light. Put sentiment is negligible, with only minimal open interest at protective strikes. Implied Volatility is crushed (near 0%), suggesting markets are pricing in a low-risk environment and ignoring downside protection. Call volume significantly outpaces put volume across all expirations.


Info Dump

Attribute Value
52 Week Change 0.8876263
Address1 770 First Avenue
Address2 Suite 425
All Time High 23.29
All Time Low 0.05
Ask 15.19
Ask Size 10
Audit Risk 1
Average Analyst Rating 1.2 - Strong Buy
Average Daily Volume10 Day 995,580
Average Daily Volume3 Month 899,708
Average Volume 899,708
Average Volume10Days 995,580
Beta 1.03
Bid 14.7
Bid Size 10
Board Risk 2
Book Value 5.16
City San Diego
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 14.95
Current Ratio 1.177
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 15.29
Day Low 14.89
Debt To Equity 69.347
Display Name Mitek Systems
Earnings Call Timestamp End 1,770,328,800
Earnings Call Timestamp Start 1,770,328,800
Earnings Timestamp 1,770,325,200
Earnings Timestamp End 1,778,184,000
Earnings Timestamp Start 1,778,184,000
Ebitda 40,038,000
Ebitda Margins 0.21447
Enterprise To Ebitda 16.221
Enterprise To Revenue 3.479
Enterprise Value 649,436,544
Eps Current Year 1.146
Eps Forward 1.224
Eps Trailing Twelve Months 0.35
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 13.8532
Fifty Day Average Change 1.0967999
Fifty Day Average Change Percent 0.079173036
Fifty Two Week Change Percent 88.76263
Fifty Two Week High 15.61
Fifty Two Week High Change -0.65999985
Fifty Two Week High Change Percent -0.04228058
Fifty Two Week Low 7.64
Fifty Two Week Low Change 7.31
Fifty Two Week Low Change Percent 0.9568063
Fifty Two Week Range 7.64 - 15.61
Financial Currency USD
First Trade Date Milliseconds 599,841,000,000
Float Shares 44,189,273
Forward Eps 1.224
Forward P E 12.214052
Free Cashflow 64,970,752
Full Exchange Name NasdaqCM
Full Time Employees 561
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.84332
Gross Profits 157,431,008
Has Pre Post Market Data 1
Held Percent Insiders 0.027420001
Held Percent Institutions 0.82042
Implied Shares Outstanding 45,316,289
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Ir Website http://www.miteksystems.com/InvestorRelations.asp
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,759,190,400
Long Business Summary 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-capture; CheckReader, which enables financial institutions to automatically extract data from checks once they have been scanned or photographed by the application; and Check Intelligence, a check fraud solution. It also provides IDLive Face, a passive face liveness detection; IDLive Doc, a document liveness detection; and IDLive Voice, an anti-spoofing voice liveness. The company was incorporated in 1986 and is based in San Diego, California.
Long Name Mitek Systems, Inc.
Market us_market
Market Cap 677,478,528
Market State PRE
Max Age 86,400
Message Board Id finmb_288586
Most Recent Quarter 1,767,139,200
Net Income To Common 16,180,000
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 677,478,520
Number Of Analyst Opinions 4
Open 15.02
Operating Cashflow 62,793,000
Operating Margins 0.13459
Overall Risk 3
Payout Ratio 0.0
Peg Ratio 1.38
Phone 619 269 6800
Pre Market Change 0.71329975
Pre Market Change Percent 4.7712355
Pre Market Price 15.6633
Pre Market Time 1,776,776,233
Previous Close 15.15
Price Eps Current Year 13.045375
Price Hint 2
Price To Book 2.897287
Price To Sales Trailing12 Months 3.6290708
Profit Margins 0.08667
Quick Ratio 1.151
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.2
Region US
Regular Market Change -0.2
Regular Market Change Percent -1.32013
Regular Market Day High 15.29
Regular Market Day Low 14.89
Regular Market Day Range 14.89 - 15.29
Regular Market Open 15.02
Regular Market Previous Close 15.15
Regular Market Price 14.95
Regular Market Time 1,776,715,201
Regular Market Volume 662,132
Return On Assets 0.03842
Return On Equity 0.07446
Revenue Growth 0.188
Revenue Per Share 4.072
Sand P52 Week Change 0.34445214
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 4
Shares Outstanding 45,316,289
Shares Percent Shares Out 0.0497
Shares Short 2,254,075
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 2,292,265
Short Name Mitek Systems, Inc.
Short Percent Of Float 0.0506
Short Ratio 3.0
Source Interval 15
State CA
Symbol MITK
Target High Price 17.0
Target Low Price 14.0
Target Mean Price 15.75
Target Median Price 16.0
Total Cash 190,075,008
Total Cash Per Share 4.194
Total Debt 162,032,992
Total Revenue 186,680,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.35
Trailing P E 42.714287
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.7613
Two Hundred Day Average Change 4.1886997
Two Hundred Day Average Change Percent 0.38923734
Type Disp Equity
Volume 662,132
Website https://www.miteksystems.com
Zip 92,101