MI70 Stock Chart & Stats
€3.58
-€0.22(-4.47%)
At close: 4:00 PM EDT
€3.58
-€0.22(-4.47%)
Day’s Range― - ―
52-Week Range€3.42 - €12.40
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
€30.63M
Enterprise Value€30.34
Total Cash (Recent Filing)€15.76M
Total Debt (Recent Filing)€839.00K
Price to Earnings (P/E)―
Beta1.54
Next Earnings
Dec 15, 2026EPS Estimate
-0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.26
Shares Outstanding9,089,055
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio-1.13
Price to Book (P/B)1.91
Price to Sales (P/S)1.93
P/FCF Ratio41.13
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.07
Revenue Forecast (FY)€32.62M
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetDebt below $1M against about $40.3M of equity and $36.7M of working capital give MIND a substantial buffer while demand recovers. This conservative financing reduces solvency pressure and preserves capacity to fund operations, technology investment, and selective strategic initiatives without heavy interest burdens.
Recurring Aftermarket RevenueAftermarket revenue from spare parts, repairs, service, and support provides a recurring base when new system orders are difficult to predict. This mix can improve revenue durability, customer continuity, and business resilience across uneven marine technology purchasing cycles.
Large Project PipelineA pipeline several times larger than the current backlog gives MIND meaningful potential beyond contracted work, including projects of substantial individual size. Converting even part of this opportunity could rebuild backlog, improve capacity utilization, and support a broader recovery in revenue.
Bears Say
Sharp Revenue And Profit DeteriorationThe sharp TTM revenue decline and return to a net loss indicate that recent demand weakness is materially reducing operating scale and earnings power. Until sales recover, thin below-gross-line margins may leave profitability vulnerable and limit internally funded investment.
Declining Backlog And Weaker GuidanceA 63% year-over-year backlog decline, combined with guidance for fiscal 2027 results below fiscal 2026, reduces near-term revenue visibility. Customer delays and slower order conversion make it harder to plan production, absorb fixed costs, and restore earnings consistently over coming quarters.
Negative Cash GenerationNegative trailing operating and free cash flow show that the business is not currently self-funding, despite positive cash flow in fiscal 2026. The history of volatile cash generation raises execution risk and could require tighter spending or liquidity management if demand remains weak.
MIND Technology News
MI70 FAQ
What was MIND Technology’s price range in the past 12 months?
MIND Technology lowest stock price was €3.42 and its highest was €12.40 in the past 12 months.
What is MIND Technology’s market cap?
MIND Technology’s market cap is €30.63M.
When is MIND Technology’s upcoming earnings report date?
MIND Technology’s upcoming earnings report date is Dec 15, 2026 which is in 94 days.
How were MIND Technology’s earnings last quarter?
MIND Technology released its earnings results on Sep 08, 2026. The company reported -€0.112 earnings per share for the quarter, missing the consensus estimate of -€0.069 by -€0.043.
Is MIND Technology overvalued?
According to Wall Street analysts MIND Technology’s price is currently Overvalued.
Does MIND Technology pay dividends?
MIND Technology does not currently pay dividends.
What is MIND Technology’s EPS estimate?
MIND Technology’s EPS estimate is -0.12.
How many shares outstanding does MIND Technology have?
MIND Technology has 9,089,055 shares outstanding.
What happened to MIND Technology’s price movement after its last earnings report?
MIND Technology reported an EPS of -€0.112 in its last earnings report, missing expectations of -€0.069. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of MIND Technology?
Currently, no hedge funds are holding shares in DE:MI70
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
MIND Technology Stock Smart Score
Underperform
1
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4
5
6
7
8
9
10
Blogger Sentiment
Bearish
DE:MI70 Sentiment 67%
Sector Average 61%
Sector Average 61%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-53.77%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
30.31%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
MIND Technology
MIND Technology, Inc., together with its subsidiary companies, delivers specialized technological solutions to a range of sectors, including oceanography, hydrography, defense, seismic exploration, and maritime security. Their core product line features advanced systems such as the GunLink, which facilitates the precise acquisition, monitoring, and control of seismic energy sources for marine surveys. The BuoyLink RGPS tracking system is vital for accurately positioning marine seismic energy sources and streamers. Other key offerings include Digishot energy source controllers, Sleeve Gun energy sources, and the SeaLink series of marine sensors and solid streamer systems. Beyond these primary products, MIND supplies various components like streamer weight collars, depth and pressure transducers, air control valves, and source array systems. The company also provides critical support services, encompassing spare parts, replacement components, repair and engineering assistance, comprehensive training, field service operations, and umbilical terminations. Additionally, they offer side scan sonar equipment and related systems. MIND serves a diverse customer base, including governmental organizations and commercial entities, distributing its products through an internal sales force and a vast global network of distributors and representatives. The company boasts a significant international presence, with operations spanning the United States, Europe, Canada, Latin America, the Asia/South Pacific region, and Eurasia. Founded in 1987, MIND Technology, Inc., previously known as Mitcham Industries, Inc., maintains its corporate headquarters in The Woodlands, Texas.
MI70 Company Deck
MI70 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Negative
The call was cautious and pressured in the near term. The company reported a sharp year-over-year deterioration in operating results, a substantial backlog decline, delayed customer commitments, and an expectation that fiscal 2027 results will be below fiscal 2026. These challenges were partly offset by resilient recurring aftermarket revenue, substantial liquidity, a debt-free balance sheet, a solid project pipeline, technology investment, and management's confidence in the longer-term market opportunity.View all DE:MI70 earnings summariesTechnical Analysis
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