Mitek Systems (MITK) to Release Earnings on Thursday

Mitek Systems (NASDAQ:MITK) is expected to post its Q1 2026 results after the market closes on Thursday, February 5th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $42.4370 million for the quarter. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

Mitek Systems Trading Up 2.8%

NASDAQ:MITK opened at $10.30 on Tuesday. Mitek Systems has a twelve month low of $6.93 and a twelve month high of $11.39. The company has a market cap of $466.59 million, a PE ratio of 54.21 and a beta of 1.07. The company’s 50 day moving average is $10.01 and its two-hundred day moving average is $9.73.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Mitek Systems in a research report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Mitek Systems has an average rating of “Moderate Buy” and a consensus target price of $13.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MITK. Tower Research Capital LLC TRC raised its stake in shares of Mitek Systems by 320.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,018 shares of the software maker’s stock valued at $60,000 after buying an additional 4,586 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Mitek Systems by 4,147.9% during the third quarter. Russell Investments Group Ltd. now owns 9,940 shares of the software maker’s stock worth $97,000 after acquiring an additional 9,706 shares during the period. Bayesian Capital Management LP purchased a new position in Mitek Systems during the second quarter valued at approximately $136,000. Verition Fund Management LLC acquired a new position in Mitek Systems in the third quarter valued at approximately $141,000. Finally, XTX Topco Ltd acquired a new position in Mitek Systems in the second quarter valued at approximately $153,000. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Mitek Systems Company Profile

Mitek Systems, Inc (NASDAQ: MITK) is a software company specializing in mobile capture and digital identity verification solutions. Headquartered in San Diego, California, Mitek develops and licenses patented technology that enables organizations to securely capture, authenticate and process identity documents, checks and other physical media using smartphones and other digital devices. Its platforms leverage advanced image processing, machine learning and biometrics to streamline customer onboarding and prevent fraud in real time.

The company’s core offerings include mobile check deposit and deposit automation tools for financial institutions, as well as identity verification and authentication services for banks, fintechs, insurers and government agencies.