Mitek Systems (NASDAQ:MITK – Get Free Report) will likely be posting its Q1 2026 results after the market closes on Thursday, February 5th. Analysts expect Mitek Systems to post earnings of $0.20 per share and revenue of $42.4370 million for the quarter. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.
Mitek Systems Stock Performance
Shares of NASDAQ MITK opened at $9.63 on Wednesday. The stock has a market cap of $436.24 million, a price-to-earnings ratio of 50.68 and a beta of 1.07. The business has a 50 day simple moving average of $10.02 and a 200 day simple moving average of $9.73. Mitek Systems has a 52 week low of $6.93 and a 52 week high of $11.39.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “hold (c)” rating on shares of Mitek Systems in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $13.50.
Institutional Investors Weigh In On Mitek Systems
Several large investors have recently bought and sold shares of the company. Verition Fund Management LLC acquired a new position in shares of Mitek Systems in the third quarter valued at $141,000. Qube Research & Technologies Ltd bought a new position in Mitek Systems during the 3rd quarter worth $401,000. Algert Global LLC increased its position in shares of Mitek Systems by 302.7% in the third quarter. Algert Global LLC now owns 114,651 shares of the software maker’s stock worth $1,120,000 after purchasing an additional 86,181 shares during the period. Ameriprise Financial Inc. raised its position in shares of Mitek Systems by 6.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 763,764 shares of the software maker’s stock valued at $7,462,000 after buying an additional 44,564 shares in the last quarter. Finally, Man Group plc boosted its holdings in shares of Mitek Systems by 159.9% in the 3rd quarter. Man Group plc now owns 52,151 shares of the software maker’s stock valued at $510,000 after purchasing an additional 32,088 shares in the last quarter. Institutional investors own 83.64% of the company’s stock.
About Mitek Systems
Mitek Systems, Inc (NASDAQ: MITK) is a software company specializing in mobile capture and digital identity verification solutions. Headquartered in San Diego, California, Mitek develops and licenses patented technology that enables organizations to securely capture, authenticate and process identity documents, checks and other physical media using smartphones and other digital devices. Its platforms leverage advanced image processing, machine learning and biometrics to streamline customer onboarding and prevent fraud in real time.
The company’s core offerings include mobile check deposit and deposit automation tools for financial institutions, as well as identity verification and authentication services for banks, fintechs, insurers and government agencies.
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