MITK — Mitek Systems Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates MITK Bullish with a Setup Score of 42, net conviction 29, actionability 62. How the Setup Score works →

Total Setup Score42
Directional BiasBullish
Net Conviction29
Actionability62 (in range)

Key signals behind this score

About Mitek Systems Inc

Mitek Systems, Inc. provides digital identity verification and fraud prevention solutions worldwide. The company offers Mobile Deposit, a mobile remote deposit capture solution for retail financial institutions, brokerages, and prepaid card providers; Check Fraud Defender, a cloud-hosted fraud mitigation service; Mitek Verified Identity Platform, an end-to-end identity verification solution; Mobile Verify, an omnichannel identity document verific… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$18.02
Market Cap$836M
Float43.8M
Shares Outstanding45.1M
P/E (Forward)9.79
P/E (TTM)40.26
Price/Sales (TTM)4.22
vs. Analyst Target+25.6% to analyst PT
Profit Margin11.39%
Operating Margin (TTM)21.36%
Revenue (TTM)$198M
Earnings Growth (YoY)240.00%
Dividend RateNone
Analyst Target Price$22.63 (6 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $101M $7.8M $88.1M $17.4M
2021 $120M $8.0M $105M $22.9M
2022 $145M $3.7M $125M $11.0M
2023 $173M $8.0M $150M $38.5M
2024 $172M $3.3M $148M $25.3M
2025 $180M $8.8M $153M $36.8M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $44.8M $1.9M
Dec 2025 $44.2M $2.8M
Mar 2026 $54.8M $9.5M
Jun 2026 $54.0M $8.4M

Ownership & Float

Insider Ownership3.2%
Institutional Ownership88.7%
Short Float7.6%
% of All Funds Holding2.13%
Number of Funds Holding187

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$18.49Near-term / short-term trend
Weekly40-Week SMA$14.43Medium-term trend
Weekly80-Week SMA$11.89Cyclical trend (business cycle)
Weekly200-Week SMA$11.18Secular trend (multi-year)
Monthly10-Month SMA$14.35Near-term monthly trend
Monthly20-Month SMA$11.85Medium-term monthly trend
Monthly40-Month SMA$11.51Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$14.20 support 1.84x 2 months ago
$10.10 support 2.02x 5 months ago
$8.80 support 2.07x 7 months ago

Historical Earnings Reactions (97 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 1.05% 0.00% 41.24% 29.28% -47.75%
1 Day 0.09% 0.00% 47.42% 24.66% -56.23%
1 Week 4.48% 0.00% 49.48% 165.79% -50.69%
2 Weeks 3.89% 1.78% 54.64% 123.68% -63.49%
1 Month 4.00% 1.07% 51.04% 123.68% -62.28%

Next earnings: October 25, 2026 (60 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan11.7%56.8%37
Feb7.7%42.1%38
Mar-2.5%36.8%38
Apr2.9%47.4%38
May3.0%34.2%38
Jun6.7%60.5%38
Jul7.5%65.8%38
Aug1.1%51.4%37
Sep-3.0%27.0%37
Oct6.9%48.6%37
Nov-3.6%35.1%37
Dec6.0%48.6%37

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.14% 36.0% 1787
Tuesday 0.20% 37.5% 1944
Wednesday 0.47% 39.6% 1943
Thursday 0.38% 37.8% 1908
Friday 0.47% 38.0% 1897

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 88.7%

Insider Transactions — Smart Summary

Total insider ownership: 3.2%

12-Month Insider Activity Summary

Total Filings3
Net Value-$2.9M
Net Shares Change56,747
% of Float0.1%
C-Suite Filings3
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Gafke Garrett Chief Operating Officer -$2.4M 2 1 sell
Gray Jason GC, Secretary & Admin Officer -$508,003.509 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-15 Gafke Garrett Chief Operating Officer -$299,522.52 Transaction at $14.19, now +27.0%
2026-03-05 Gray Jason GC, Secretary & Admin Officer -$508,003.509 Transaction at $11.89, now +51.6%
2026-04-28 Gafke Garrett Chief Operating Officer -$2.1M Transaction at $13.92, now +29.5%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Mitek Systems Inc (MITK) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for MITK on Trend Edge →