MITK

MitekB

Nasdaq / Software & Services

At close

2026-06-02

Current thesis

The bull case is that Q2 validated the stronger prior thesis: record revenue, 28% fraud-and-identity growth, 18% SaaS growth, and another guidance raise suggest the company is converting fraud demand into better operating leverage [#8-K-2026-05-07][#PR-2026-05-07]. If FICO, Ping, and Synectics expand reach into decisioning and onboarding workflows, MITK could sustain a better growth mix into FY2026.

Posture

Constructive

Lead driver

Momentum

What changed

4 setup hits (3d) with net bullish as of 2026-06-02.

What can break

Cash and investments fell to $77.6 million by March 31, 2026 after the $155.3 million note repayment, and Mitek now carries a $50 million term loan, reducing balance-sheet flexibility versus last year [#10-Q-2026-05-07].

Momentum

Value

Sentiment

Setup hits (3d)

4 · Net Bullish

AI TargetsBase $15.00 · Bull $17.50 · Bear $11.50

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-16 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Bullish

Target $14.75

Why

Momentum81 · Δ7d +0.2

Value61 · Δ7d -0.1

Sentiment33 · Δ7d -7.1

So what

Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendImproving

Δ7d

+0.2

Δ21d

-2.8

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.1

Δ21d

-1.1

Sentiment

33% active weight

Current posture

7d trendSoftening

Δ7d

-7.1

Δ21d

-11.6

Why this grade

Composite grade B. Momentum 81.1 / Value 60.7 / Sentiment 33.2

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$806.99M

Beta

1.07

Shares Out

45.74M

P/E (TTM)

55.2

P/S (TTM)

2.60

P/FCF (TTM)

8.61

Rev YoY

+3.6%

EPS YoY

-77.3%

Gross Margin

+85.1%

Op Margin

+9.3%

Net Debt

-$36.5M

Current Ratio

1.19

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology