TipRanks
MIND Technology (DE:MI70)
FRANKFURT:MI70

MIND Technology (MI70) Price & Analysis

1 Followers

MI70 Stock Chart & Stats

€3.58
-€0.22(-4.47%)
At close: 4:00 PM EDT
€3.58
-€0.22(-4.47%)

Bulls Say, Bears Say

Bulls Say
Conservative Balance SheetVery low leverage gives MIND meaningful financial resilience while operating conditions remain difficult. The modest debt burden limits interest and refinancing pressure, preserves liquidity for operations and technology investment, and leaves greater flexibility to pursue strategic opportunities.
Recurring Aftermarket RevenueThe large aftermarket contribution provides a more durable revenue base than relying solely on unpredictable new-system orders. Recurring parts, repair, and support activity can help stabilize customer relationships and cash generation while larger marine projects move through lengthy purchasing cycles.
Large Project PipelineA pipeline materially larger than the current firm backlog provides meaningful longer-term revenue opportunity if customer evaluations convert into awards. Several projects above $10 million could improve scale, utilization, and earnings power, although timing remains dependent on customer decisions.
Bears Say
Revenue And Profitability DeteriorationThe sharp revenue contraction and return to losses indicate that MIND is currently operating below a level that supports consistent profitability. Thin and volatile earnings below gross profit reduce internally generated capital, constrain reinvestment, and make recovery dependent on improving order activity.
Declining Backlog And Order VisibilityA substantially smaller backlog reduces near-term revenue coverage and makes results more dependent on converting uncertain prospective projects. Customer delays, slow government budgets, and weaker visibility can extend the recovery period and create uneven quarterly performance even if end-market interest persists.
Negative Cash GenerationCurrent cash generation is insufficient to self-fund the business consistently, increasing reliance on working-capital timing and existing liquidity. The history of volatile cash flow suggests that even a revenue recovery may not immediately translate into durable cash generation without stronger execution and cost control.

MIND Technology News

MI70 FAQ

What was MIND Technology’s price range in the past 12 months?
MIND Technology lowest stock price was €3.00 and its highest was €12.40 in the past 12 months.
    What is MIND Technology’s market cap?
    MIND Technology’s market cap is €34.64M.
      When is MIND Technology’s upcoming earnings report date?
      MIND Technology’s upcoming earnings report date is Dec 15, 2026 which is in 47 days.
        How were MIND Technology’s earnings last quarter?
        MIND Technology released its earnings results on Sep 08, 2026. The company reported -€0.113 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. Get more investment ideas with TipRanks Premium
            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 -€0.113 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

                    1
                    Underperform
                    1
                    2
                    3
                    4
                    5
                    6
                    7
                    8
                    9
                    10
                    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.

                    MIND Technology (MI70) Earnings & Revenues

                    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 summaries
                    Similar Stocks
                    Company
                    Price & Change
                    Follow
                    Eltek
                    ―
                    ―
                    CPS Technologies
                    ―
                    ―
                    Odysightai
                    ―
                    ―
                    Sono-Tek
                    ―
                    ―
                    Syntec Optics Holdings
                    ―
                    ―
                    Popular Stocks