MITK
Mitek Systems Inc
NASDAQ: MITK · TECHNOLOGY · SOFTWARE - APPLICATION
$13.96
+2.57% today
Updated 2026-04-30
Market cap
$638.05M
P/E ratio
40.23
P/S ratio
3.42x
EPS (TTM)
$0.35
Dividend yield
—
52W range
$8 – $16
Volume
0.9M
WallStSmart proprietary scores
51
out of 100
Grade: C
Hold
Investment rating
5.3
Growth
C+4.5
Quality
C5.5
Profitability
C+6.7
Valuation
B3/9
Piotroski F-Score
Weak
1.2
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →200 stocks currently score above 75
Price targets
Analyst target
$15.75
+12.82%
12-Month target
$8.40
-39.83%
Intrinsic (DCF)
$46.27
Margin of safety
+75.88%
1 Strong Buy4 Buy0 Hold0 Sell0 Strong Sell
Price chart
X-Ray snapshot
Strengths
+ Free cash flow $6.59M — positive
+ Revenue growth 18.80% QoQ
+ 75.88% below intrinsic value
Risks
- Piotroski 3/9 — weak financial health
- Altman Z 1.23 — distress zone
- P/E 40.23x — expensive valuation
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $144.80M | $172.55M | $172.08M | $179.69M | $186.68M |
| Net income | $3.69M | $8.03M | $3.28M | $8.80M | $2.77M |
| EPS | — | — | — | — | $0.35 |
| Free cash flow | $25.23M | $30.55M | $30.25M | $54.19M | $6.59M |
| Profit margin | 2.55% | 4.65% | 1.90% | 4.90% | 8.67% |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-03 | WELLS, DONNA | Buy | 11,448 | — |
| 2026-03-03 | STEVENSON, KIMBERLY S | Buy | 11,448 | — |
| 2026-03-03 | ROSSI, MARK | Buy | 11,448 | — |
Peer comparison
Smart narrative
Mitek Systems Inc trades at $13.96. representing a P/E of 40.23x trailing earnings. Our Smart Value Score of 51/100 indicates the stock is fair. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 1.23, it sits in the distress. TTM revenue stands at $186.68M. with profit margins at 8.67%. Our DCF model estimates intrinsic value at $46.27.
Frequently asked questions
What is Mitek Systems Inc's stock price?
Mitek Systems Inc (MITK) trades at $13.96.
Is Mitek Systems Inc overvalued?
Smart Value Score 51/100 (Grade C, Hold). DCF value $46.27.
What is the price target of Mitek Systems Inc (MITK)?
The analyst target price is $15.75, representing +12.8% upside from the current price of $13.96.
What is the intrinsic value of Mitek Systems Inc (MITK)?
Based on our DCF model, intrinsic value is $46.27, a +75.9% margin of safety versus $13.96.
What is the future stock price of MITK by 2030?
Our revenue-driven model estimates Mitek Systems Inc could reach $14.12 by 2030, based on historical CAGR, margin trends, and capped P/E multiples.
What is Mitek Systems Inc's revenue?
TTM revenue is $186.68M.
Piotroski F-Score?
3/9 — weak financial health.
Altman Z-Score?
1.23 — distress.
Company info
SectorTECHNOLOGY
IndustrySOFTWARE - APPLICATION
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio3.42x
ROE7.45%
Beta1.03
50D MA$14.14
200D MA$10.87
Shares out0.05B
Float0.04B
Short ratio—
Avg volume0.9M
Performance
1 week-2.51%
1 month+0.81%
3 months+35.42%
YTD+29.00%
1 year—
3 years—
5 years—