NASDAQ: MITK
Mitek Systems Inc Stock

$17.26+0.39 (+2.31%)
Updated Jun 18, 2026
MITK Price
$17.26
Fair Value Price
$24.96
Market Cap
$779.44M
52 Week Low
$8.53
52 Week High
$17.96
P/E
47.94x
P/B
3.25x
P/S
3.21x
PEG
0.6x
Dividend Yield
N/A
Revenue
$189.59M
Earnings
$16.56M
Gross Margin
83.5%
Operating Margin
17.17%
Profit Margin
8.7%
Debt to Equity
0.49
Operating Cash Flow
$48M
Beta
1.17
Next Earnings
Aug 6, 2026
Ex-Dividend
N/A
Next Dividend
N/A

MITK Overview

Mitek Systems, Inc. (MITK) specializes in developing and offering mobile image capture and digital identity verification technologies globally, with operations spanning the United States, Europe, Latin America, and other international markets. These offerings are seamlessly integrated into native mobile applications and web browsers, streamlining digital interactions for users. Among its key products, Mitek provides: Mobile Deposit, enabling individuals and businesses to conveniently deposit checks remotely using their camera-equipped smartphones or tablets. Mobile Verify, an identity verification platform accessible across mobile apps, websites, and desktop applications. Mobile Fill, which enhances user experience through automatic image capture and minimizes clicks for expedited form completion. MiSnap, a mobile-capture software development kit (SDK) that ensures intuitive operation and high-quality image capture for both identity documents and checks. For financial institutions, Mitek offers a dedicated suite of check-related solutions: CheckReader automates data extraction from checks. Check Fraud Defender leverages AI and cloud capabilities to combat check fraud. Check Intelligence provides automatic data extraction from check images received through any deposit channel, from branches to ATMs, remote deposit capture, and mobile. Furthermore, the company's robust identity verification portfolio includes: ID_CLOUD, an automated system for reading and validating identity documents directly within a customer's application. IDLive Face, a passive solution for detecting facial liveness. IDVoice, an advanced AI-powered voice biometric engine. IDLive Voice, designed to prevent spoofing attacks on voice biometric systems. IDLive Doc, which helps counteract fraud associated with digitally displayed document images. Established in 1986, Mitek Systems, Inc. is headquartered in San Diego, California.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine MITK's potential to beat the market

BBuy
  • Stocks with a Zen Rating of Buy (B) had an average return of +19.88% per year. Learn More

Zen Rating Component Grades

C
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: App

Industry Rating
B
MITK
Ranked
#32 of 176

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$1.84A
$3.61A
$2.74A
View Top App Stocks

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MITK News

Overview

Due Diligence Score

Industry Average (30)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how MITK scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MITK ($17.26) is undervalued by 30.84% relative to our estimate of its Fair Value price of $24.96 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
MITK ($17.26) is significantly undervalued by 30.84% relative to our estimate of its Fair Value price of $24.96 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
MITK ($17.26) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more MITK due diligence checks available for Premium users.

Valuation

MITK fair value

Fair Value of MITK stock based on Discounted Cash Flow (DCF)

Price
$17.26
Fair Value
$24.96
Undervalued by
30.84%
MITK ($17.26) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MITK ($17.26) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MITK ($17.26) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MITK price to earnings (PE)

For valuing profitable companies with steady earnings

Company
47.94x
Industry
52.35x
Market
9.47x
MITK is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MITK is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

MITK price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
3.25x
Industry
4.78x
MITK is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MITK price to earnings growth (PEG)

For valuing profitable companies with growth potential

MITK is good value based... subscribe to Premium to read more.
PEG Value Valuation

MITK's financial health

Profit margin

Revenue
$54.8M
Net Income
$9.5M
Profit Margin
17.4%
MITK's Earnings (EBIT) of $32.55M... subscribe to Premium to read more.
Interest Coverage Financials
MITK's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$356.9M
Liabilities
$117.5M
Debt to equity
0.49
MITK's short-term assets ($156.50M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MITK's short-term assets ($156.50M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MITK's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
MITK's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$945.0k
Investing
$6.7M
Financing
-$111.1M
MITK's operating cash flow ($48.11M)... subscribe to Premium to read more.
Debt Coverage Financials

MITK vs App Stocks

TickerZen RatingMarket Cap1d %P/EP/B
MITKB$779.44M+2.31%47.94x3.25x
RDVTC$777.40M-0.72%55.10x7.44x
YALAC$807.71M-0.75%5.68x0.97x
DSPC$736.60M+2.46%20.44x8.63x
GTMC$828.16M+4.85%7.03x0.56x

Mitek Systems Stock FAQ

What is Mitek Systems's quote symbol?

(NASDAQ: MITK) Mitek Systems trades on the NASDAQ under the ticker symbol MITK. Mitek Systems stock quotes can also be displayed as NASDAQ: MITK.

If you're new to stock investing, here's how to buy Mitek Systems stock.

What is the 52 week high and low for Mitek Systems (NASDAQ: MITK)?

(NASDAQ: MITK) Mitek Systems's 52-week high was $17.96, and its 52-week low was $8.53. It is currently -3.9% from its 52-week high and 102.34% from its 52-week low.

How much is Mitek Systems stock worth today?

(NASDAQ: MITK) Mitek Systems currently has 45,158,851 outstanding shares. With Mitek Systems stock trading at $17.26 per share, the total value of Mitek Systems stock (market capitalization) is $779.44M.

Mitek Systems stock was originally listed at a price of $1.19 in Dec 31, 1997. If you had invested in Mitek Systems stock at $1.19, your return over the last 28 years would have been 1,352.86%, for an annualized return of 10.03% (not including any dividends or dividend reinvestments).

How much is Mitek Systems's stock price per share?

(NASDAQ: MITK) Mitek Systems stock price per share is $17.26 today (as of Jun 18, 2026).

What is Mitek Systems's Market Cap?

(NASDAQ: MITK) Mitek Systems's market cap is $779.44M, as of Jun 21, 2026.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Mitek Systems's market cap is calculated by multiplying MITK's current stock price of $17.26 by MITK's total outstanding shares of 45,158,851.
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