Mitek Systems, Inc. (MITK) fair value analysis
Nasdaq · Updated 2026-10-19
MITK price how computed
Forward Fair Value verdict
OvervaluedMITK is trading at a 10–25% premium to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $16.11
- Sector
- Technology
- 12-month range
- $8.65–$20.14
- Market cap
- $727M
- From 52-week high
- -20.0%
- Shares outstanding
- 45.1M
- Rank in Technology by discount to fair value
- #128 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Mitek Systems, Inc. is a technology company that develops mobile capture and digital verification software solutions used for processing images and documents. The company operates globally and serves customers across multiple industries including financial services, insurance, and government sectors.
MITK currently ranks #128 of 181 Technology stocks by discount to fair value. It has screened as Overvalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $727M
- P/E (trailing)
- 14x
- Revenue (TTM)
- $198M
- Net margin
- 11.4%
- EPS (TTM)
- $1.15
- Gross margin
- 84.9%
- Debt / equity
- 0.21
- Revenue growth (3-yr avg)
- 8.5%
- Shares outstanding
- 45.1M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Contracting
- 52-week position
- The upper-middle quarter of its range
- DCF cross-check
- Fairly Valued
Technicals how computed
- RSI (14-day)
- 43 · neutral
- 50-day average
- $17.80
- 200-day average
- $15.45
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Earnings how computed
- Next earnings report
- 2026-12-10
- Last 8 quarters vs consensus
- 8 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+28.6%)
2026-03 ▲ beat (+5.6%)
2025-12 ▲ beat (+44.4%)
2025-09 ▲ beat (+41.2%)
2025-06 ▲ beat (+27.3%)
2025-03 ▲ beat (+38.5%)
2024-12 ▲ beat (+7.1%)
2024-09 ▲ beat (+94.1%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 5 buy · 0 hold · 0 sell (5 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $22.6
- Target vs last price
- +40.3%
What our data shows for MITK
- Our model validated 17 trailing price-to-earnings windows for MITK, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $8.65–$20.14.
- The 14-day relative strength index sits at a neutral 43.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for MITK
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent MITK news
TickrTrends' derived news-sentiment signal for MITK is currently leaning positive, computed from recent coverage.
- Mitek Systems Inc (MITK) Stock Up 3.7% but GF Value Says Overvalued -- GF Score: 76/100 (gurufocus.com, 2026-10-20)
TickrTrends take: Mitek Systems operates in the Technology sector where valuation discipline is particularly important given competitive pressures and the need for sustained growth to justify premium multiples. The stock's recent appreciation occurs against TickrTrends' assessment that the company is overvalued at current prices, suggesting that recent momentum may not align with fundamental value metrics. Investors focused on valuation should monitor whether the company's earnings growth and cash generation can eventually support the current stock price, or whether a correction becomes more likely if growth disappoints. - A Look at Mitek Systems Inc (MITK) After 3.7% Decline -- GF Value $11.41 vs Price $16.59 (gurufocus.com, 2026-09-29)
TickrTrends take: Mitek Systems trades at a significant premium to its GuruFocus intrinsic value estimate, which aligns with TickrTrends' overvalued assessment for this technology company. The recent decline appears insufficient to close the valuation gap, leaving the stock trading well above fundamental value levels. Investors focused on valuation metrics should monitor whether further price adjustments occur or if the company's earnings growth accelerates enough to justify the current premium. - Mitek Systems: A Fintech Pivot Waiting For A Short Squeeze (NASDAQ:MITK) (seekingalpha.com, 2026-09-24)
TickrTrends take: Mitek Systems operates in the Technology sector and is currently assessed as overvalued by TickrTrends metrics, which creates a relevant context for evaluating the company's fintech positioning. An investor focused on valuation should monitor whether the company's pivot toward fintech services can generate sufficient earnings growth to justify current pricing, particularly given the overvalued assessment. The gap between current valuation and fundamental metrics remains a key consideration for determining whether any near-term market movements represent value opportunities or further confirmation of the overvaluation thesis.
More MITK news
- MITK Looks 56.4% Overvalued on GF Value™ (gurufocus.com, 2026-09-03)
What people are saying
Follow the MITK conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — TickrTrends' derived indicators for MITK show a shift in valuation assessment this week. The DCF cross-check band moved from an overvalued rating to a fairly valued rating, indicating an improvement in the stock's valuation relative to its intrinsic value estimates. Despite this positive movement in the DCF analysis, the current overall valuation verdict remains overvalued.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — # MITK Weekly Indicator Summary MITK's sector discount rank improved this week, moving from 165th to 160th position among Technology sector companies. Despite this relative improvement in valuation positioning, the stock remains classified as overvalued according to current analysis. The company's standing within its peer group has strengthened modestly as it approaches a more favorable discount ranking.
- 2026-09-28 — TickrTrends' derived indicators for MITK shifted this week, with the DCF cross-check band moving from a fairly valued assessment to an overvalued classification. The current valuation verdict for the technology sector company is overvalued.
- 2026-09-21 — MITK's valuation assessment shifted this week as its DCF cross-check band moved from overvalued to fairly valued, suggesting improved alignment between its intrinsic value estimates and current price. Meanwhile, the stock's sector discount rank declined from 164 to 169 within the Technology sector, indicating it moved to a relatively less advantageous discount position among its peers. Despite these changes, MITK maintains an overall overvalued verdict.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is MITK stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), MITK is trading at a 10–25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.
What is MITK's TickrTrends verdict?
MITK's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.
How does MITK compare to other Technology stocks?
MITK ranks #128 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is MITK overbought or oversold?
MITK's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does MITK report earnings next?
MITK's next earnings report is scheduled for 2026-12-10, per the published earnings calendar.
Does MITK usually beat earnings estimates?
Over its last 8 reported quarters MITK beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about MITK?
Of 5 analysts covering MITK, 5 rate it a buy, 0 a hold and 0 a sell - buy-leaning, with a consensus price target of $22.6 (+40.3% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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