SeekingAlpha · Sep 24, 2026
Mitek Systems: A Fintech Pivot Waiting For A Short Squeeze
Mitek Systems is rated Buy, with a 12-month target price of $19.87, implying 16% upside from $17.14. Click here to read an analysis of MITK stock now.
MI
NASDAQ · MITK
Mitek Systems, Inc.
Technology · Software - Application
$17.47
Down-$0.10 (-0.54%)
Updated Oct 7, 2026, 3:52 PM
SID Score
5.0/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 422.2M
- P/E ratio
- 27.37
- Dividend yield
- 0.00%
- 52-week range
- $12.97 – $21.05
- Volume
- 328.29K
- Avg. volume
- 356.21K
Price performance · MITK
MITK price history
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 6, 2026
MITK closed at $17.47 after 21 trading sessions, down 2.02% for the selected period.
- Last close
- $17.47
- Period change
- -2.02%
- Period low
- $16.59
- Period high
- $18.08
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 6, 2026 | $17.89 | $18.04 | $17.45 | $17.47 | 328.29K |
| Oct 5, 2026 | $17.83 | $17.89 | $17.48 | $17.70 | 380.96K |
| Oct 2, 2026 | $18.24 | $18.295 | $17.63 | $17.75 | 626.45K |
| Oct 1, 2026 | $17.24 | $18.07 | $16.86 | $17.95 | 712.23K |
| Sep 30, 2026 | $16.70 | $17.37 | $16.58 | $17.05 | 524.37K |
| Sep 29, 2026 | $17.25 | $17.36 | $16.545 | $16.59 | 556.63K |
| Sep 28, 2026 | $17.34 | $17.4279 | $16.98 | $17.22 | 611.77K |
| Sep 25, 2026 | $18.06 | $18.36 | $17.56 | $17.66 | 445.35K |
| Sep 24, 2026 | $17.56 | $18.09 | $17.45 | $18.08 | 477.71K |
| Sep 23, 2026 | $17.67 | $18.30 | $17.50 | $17.69 | 786.51K |
| Sep 22, 2026 | $17.44 | $17.62 | $16.66 | $17.47 | 631K |
| Sep 21, 2026 | $17.02 | $17.2699 | $16.73 | $17.14 | 578.08K |
| Sep 18, 2026 | $17.34 | $17.45 | $16.55 | $16.73 | 1.35M |
| Sep 17, 2026 | $17.77 | $17.77 | $17.19 | $17.30 | 936.11K |
| Sep 16, 2026 | $17.86 | $18.13 | $17.31 | $17.70 | 533.26K |
| Sep 15, 2026 | $17.64 | $18.26 | $17.50 | $17.98 | 509.36K |
| Sep 14, 2026 | $17.47 | $18.24 | $17.38 | $17.90 | 522.56K |
| Sep 11, 2026 | $17.24 | $17.54 | $17.0801 | $17.22 | 537.46K |
| Sep 10, 2026 | $17.00 | $17.59 | $16.80 | $17.10 | 521.3K |
| Sep 9, 2026 | $17.76 | $17.83 | $17.21 | $17.26 | 475.09K |
| Sep 8, 2026 | $18.29 | $18.34 | $17.73 | $17.83 | 576.27K |
Latest MITK news
The latest Smart Investors Daily articles mentioning MITK.
Stock researchCompany · Overview
Company
Market Activity
Research & News
MITK research
Overview
Company profile and research snapshot.
Company profile
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.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $12.63
- Implied upside
- —
- Analysts
- 11
| Date | Firm | Rating | Target |
|---|---|---|---|
| Feb 13, 2026 | Jefferies | Buy | — |
| Feb 11, 2025 | Maxim Group | Buy | — |
| Feb 11, 2025 | HC Wainwright & Co. | Buy | — |
| Dec 17, 2024 | HC Wainwright & Co. | Buy | — |
| Sep 4, 2024 | Jefferies | Hold | — |
News briefing
No generated briefing is available yet.
Yahoo · Sep 7, 2026
Wall Street Analysts See a 27.25% Upside in Mitek Systems (MITK): Can the Stock Really Move This High?
The consensus price target hints at a 27.3% upside potential for Mitek Systems (MITK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Yahoo · Sep 7, 2026
Here's What Could Help Mitek Systems (MITK) Maintain Its Recent Price Strength
Mitek Systems (MITK) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Yahoo · Sep 2, 2026
Mitek Takes All Top 3 Image Category Spots in Prestigious Independent Face Liveness Detection Competition
SAN DIEGO, September 02, 2026--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced that its Presentation Attack Detection (PAD) technology took the top three places in the Image category of the 2026 LivDet-Face competition, an independent evaluation organized by the Center for Identification Technology Research (CITeR).
AI research layers
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