MITK icon

Mitek Systems

9.72 USD
-0.29
2.90%
At close Jun 13, 4:00 PM EDT
After hours
9.72
+0.00
0.00%
1 day
-2.90%
5 days
-5.45%
1 month
0.31%
3 months
11.72%
6 months
10.71%
Year to date
-10.66%
1 year
-14.21%
5 years
-1.32%
10 years
153.13%
 

About: Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.

Employees: 630

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

96% more call options, than puts

Call options by funds: $2.02M | Put options by funds: $1.03M

9% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 56

1.26% less ownership

Funds ownership: 76.1% [Q4 2024] → 74.84% (-1.26%) [Q1 2025]

4% less funds holding

Funds holding: 166 [Q4 2024] → 160 (-6) [Q1 2025]

17% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 30

42% less capital invested

Capital invested by funds: $481M [Q4 2024] → $279M (-$202M) [Q1 2025]

Research analyst outlook

We haven’t received any recent analyst ratings for MITK.

Financial journalist opinion

Neutral
Zacks Investment Research
1 week ago
Is the Options Market Predicting a Spike in Mitek Systems Stock?
Investors need to pay close attention to MITK stock based on the movements in the options market lately.
Is the Options Market Predicting a Spike in Mitek Systems Stock?
Neutral
Business Wire
3 weeks ago
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, today announced that its CEO, Ed West and CFO, Dave Lyle will participate in the following investor conferences: 22nd Annual Craig-Hallum Institutional Investor Conference. Mitek management will be hosting meetings at the conference in Minneapolis on May 28, 2025. William Blair's 45th Annual Growth.
Mitek Announces Participation in Upcoming Investor Conferences
Neutral
Seeking Alpha
1 month ago
Mitek Systems, Inc. (MITK) Q2 2025 Earnings Call Transcript
Mitek Systems, Inc. (NASDAQ:MITK ) Q2 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Todd Kehrli - Investor Relations, PondelWilkinson Ed West - Chief Executive Officer Dave Lyle - Chief Financial Officer Conference Call Participants Jake Roberge - William Blair Derek Greenberg - Maxim Group LLC Operator Good afternoon and welcome to the Mitek's Fiscal 2025 Second Quarter Earnings Conference Call. All participants will be in listen-only mode.
Mitek Systems, Inc. (MITK) Q2 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Mitek Systems (MITK) Q2 Earnings: A Look at Key Metrics
The headline numbers for Mitek Systems (MITK) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Mitek Systems (MITK) Q2 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
1 month ago
Mitek Systems (MITK) Q2 Earnings and Revenues Top Estimates
Mitek Systems (MITK) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.24 per share a year ago.
Mitek Systems (MITK) Q2 Earnings and Revenues Top Estimates
Neutral
Business Wire
1 month ago
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, today reported financial results for its second quarter ended March 31, 2025 and raised its adjusted EBITDA margin guidance range for its fiscal 2025 full year ending September 30, 2025 (“fiscal 2025”). “Mitek delivered a strong second quarter, achieving all-time record revenue and record profitabil.
Mitek Reports Record Fiscal 2025 Second Quarter Financial Results
Neutral
Business Wire
1 month ago
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 Chief Operating Officer. A recognized entrepreneur and Fortune 500 executive, Mr. Gafke brings decades of experience scaling and transforming technology businesses across risk, fraud, and digital identity. As part of Mitek's strategy to accelerate growth through innovation and operational excellenc.
Mitek Appoints Industry Expert Garrett Gafke as Chief Operating Officer to Accelerate Growth and Innovation
Neutral
Business Wire
1 month ago
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 financial results for the second quarter of the fiscal year 2025, which ended March 31, 2025, after the U.S. market closes on Thursday, May 8, 2025. Mitek will discuss the results during a conference call and live webcast at 2:00 p.m. Pacific time (5:00 p.m. Eastern time). Mitek CEO Ed West and CFO Dave L.
Mitek to Report Fiscal 2025 Second Quarter Financial Results on May 8, 2025
Positive
Seeking Alpha
3 months ago
Mitek Systems: Secular Growth Opportunity From AI-Based Threat
MITK, a digital identity verification software company, faces a secular growth opportunity driven by rising AI-based identity fraud, particularly benefiting its new product, Check Fraud Defender (CFD). Despite recent underperformance, I assign MITK a buy rating with a $10.6 target price, projecting a 15% upside by FY 2025. Slowed revenue growth resulting in net losses created appearance of underperformance due to revenue timing issues. But no meaningful structural issues exist. Balance sheet remains strong.
Mitek Systems: Secular Growth Opportunity From AI-Based Threat
Neutral
Business Wire
3 months ago
ID R&D Delivers Industry Leading Liveness Results in U.S. Homeland Security Evaluation of Remote Identity Validation Systems
SAN DIEGO--(BUSINESS WIRE)-- #DHS--ID R&D, a Mitek Systems company, excelled in the DHS Science and Technology Directorate's evaluation of remote identity validation systems.
ID R&D Delivers Industry Leading Liveness Results in U.S. Homeland Security Evaluation of Remote Identity Validation Systems
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