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Mitek Systems Inc (DE:MKQ)
FRANKFURT:MKQ

Mitek Systems (MKQ) Price & Analysis

1 Followers

MKQ Stock Chart & Stats

€16.25
-€1.14(-7.69%)
At close: 4:00 PM EDT
€16.25
-€1.14(-7.69%)

Bulls Say, Bears Say

Bulls Say
Profitability ImprovementHigh gross margins and improved EBIT, EBITDA, and net margins indicate meaningful operating leverage and stronger cost control. If these levels persist, Mitek can convert customer usage into earnings efficiently while funding product investment and reinforcing its competitive position.
Strong Free Cash FlowRobust operating and free cash flow provides internally generated funding for product development, customer support, debt reduction, and other strategic priorities. Strong conversion of earnings into cash also improves resilience and reduces reliance on external financing over the next several quarters.
Deleveraged Balance SheetThe sharp reduction in leverage gives Mitek greater financial flexibility and lowers the burden of interest and refinancing risk. A more conservative capital structure should help the company withstand periods of uneven demand while preserving capacity to invest in its software businesses.
Bears Say
Modest Revenue GrowthModerate top-line growth limits the pace at which Mitek can expand its earnings base, particularly if margin improvement becomes harder to repeat. Slower expansion may also constrain investment capacity and make sustained profitability increasingly dependent on efficiency gains.
Cash Conversion VariabilityUneven cash conversion makes reported profitability less consistently available for reinvestment, debt reduction, or shareholder returns. Working-capital or timing swings can create quarter-to-quarter variability and require tighter cash management even while current free cash flow remains strong.
Senior Sales Leadership TransitionThe departure of a senior executive responsible for check-verification sales creates a near-term leadership and execution transition in an important business line. Commercial continuity will depend on maintaining customer relationships and sales momentum while responsibilities are reassigned.

Mitek Systems News

MKQ FAQ

What was Mitek Systems Inc’s price range in the past 12 months?
Mitek Systems Inc lowest stock price was €7.29 and its highest was €18.00 in the past 12 months.
    What is Mitek Systems Inc’s market cap?
    Mitek Systems Inc’s market cap is €745.52M.
      When is Mitek Systems Inc’s upcoming earnings report date?
      Mitek Systems Inc’s upcoming earnings report date is Oct 29, 2026 which is today.
        How were Mitek Systems Inc’s earnings last quarter?
        Mitek Systems Inc released its earnings results on Aug 06, 2026. The company reported €0.305 earnings per share for the quarter, beating the consensus estimate of €0.247 by €0.058.
          Is Mitek Systems Inc overvalued?
          According to Wall Street analysts Mitek Systems Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Mitek Systems Inc pay dividends?
            Mitek Systems Inc does not currently pay dividends.
            What is Mitek Systems Inc’s EPS estimate?
            Mitek Systems Inc’s EPS estimate is 0.15.
              How many shares outstanding does Mitek Systems Inc have?
              Mitek Systems Inc has 45,122,375 shares outstanding.
                What happened to Mitek Systems Inc’s price movement after its last earnings report?
                Mitek Systems Inc reported an EPS of €0.305 in its last earnings report, beating expectations of €0.247. Following the earnings report the stock price went up 13.055%.
                  Which hedge fund is a major shareholder of Mitek Systems Inc?
                  Currently, no hedge funds are holding shares in DE:MKQ
                  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

                    Company Description

                    Mitek Systems Inc

                    Mitek Systems, Inc. (MITK) specializes in developing and offering mobile image capture and digital identity verification technologies globally, with operations spanning the United States, Europe, Latin America, and other international markets. These offerings are seamlessly integrated into native mobile applications and web browsers, streamlining digital interactions for users. Among its key products, Mitek provides: Mobile Deposit, enabling individuals and businesses to conveniently deposit checks remotely using their camera-equipped smartphones or tablets. Mobile Verify, an identity verification platform accessible across mobile apps, websites, and desktop applications. Mobile Fill, which enhances user experience through automatic image capture and minimizes clicks for expedited form completion. MiSnap, a mobile-capture software development kit (SDK) that ensures intuitive operation and high-quality image capture for both identity documents and checks. For financial institutions, Mitek offers a dedicated suite of check-related solutions: CheckReader automates data extraction from checks. Check Fraud Defender leverages AI and cloud capabilities to combat check fraud. Check Intelligence provides automatic data extraction from check images received through any deposit channel, from branches to ATMs, remote deposit capture, and mobile. Furthermore, the company's robust identity verification portfolio includes: ID_CLOUD, an automated system for reading and validating identity documents directly within a customer's application. IDLive Face, a passive solution for detecting facial liveness. IDVoice, an advanced AI-powered voice biometric engine. IDLive Voice, designed to prevent spoofing attacks on voice biometric systems. IDLive Doc, which helps counteract fraud associated with digitally displayed document images. Established in 1986, Mitek Systems, Inc. is headquartered in San Diego, California.

                    Mitek Systems (MKQ) Earnings & Revenues

                    MKQ Company Deck

                    MKQ Earnings Call

                    Q3 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed materially positive operational and financial momentum: record revenue and adjusted EBITDA, robust 28% growth in the strategic Fraud & Identity portfolio, improving SaaS mix, strengthened balance sheet (retired convertible notes, net cash position) and raised FY guidance. Headwinds are present but manageable — check verification seasonality and renewal timing, YoY gross margin compression due to mix and implementation costs, quarter-specific negative free cash flow from AR timing, and lumpy biometric license recognition. On balance, the positives (durable cash franchise, strong SaaS/network growth, margin leverage, and upgraded guidance) outweigh the near-term, largely timing-related challenges.View all DE:MKQ earnings summaries

                    MKQ Stock 12 Month Forecast

                    Average Price Target

                    €21.72
                    ▲(33.69% Upside)
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