MITK

MitekB

Nasdaq / Software & Services

At close

2026-07-20

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

Next scheduled catalyst: earnings 2026-07-23.

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)

0 · Net Neutral

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

Earnings

2026-07-23

Data freshness

Prices

As of 2026-07-20

Fundamentals

As of 2026-07-20 • Vendor: Data Vendor v1

Scores

As of 2026-07-20 • Model: HYBRID_IC_RP

AI Memo

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

Investment thesis

As of 2026-07-20

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $18.50

Why

Momentum94 · Δ7d -0.5

Value58 · Δ7d +0.3

Sentiment25 · Δ7d -0.9

So what

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

Lead driver: Momentum · See technicals

Momentum

26% active weight

Current posture

7d trendFlat

Δ7d

-0.5

Δ21d

+8.9

Value

39% active weight

Current posture

7d trendFlat

Δ7d

+0.3

Δ21d

+0.9

Sentiment

34% active weight

Current posture

7d trendFlat

Δ7d

-0.9

Δ21d

-0.3

Why this grade

Composite grade B. Momentum 93.8 / Value 57.9 / Sentiment 25.0

Fundamentals (TTM)

As of 2026-07-20

Market Cap

$844.47M

Beta

1.07

Shares Out

45.16M

P/E (TTM)

55.2

P/S (TTM)

2.60

P/FCF (TTM)

8.61

Rev YoY

+5.6%

EPS YoY

+0.1%

Gross Margin

+75.2%

Op Margin

+9.3%

Net Debt

-$33.53M

Current Ratio

2.61

As of 2026-07-20 • Updated nightlySource: Internal modelMethodology