MITK
Strong BuyFull HouseAI neutralMitek Systems, Inc. · Technology · United States · $798M cap · $10.0M/day traded
$16.71 -5.6% · close 12 Oct · scored 14 Oct
StockRank down 4.1 since 13 Oct: Momentum down 4.
Full House: Strong business, sensible price, market agrees. The rare full house.
As of 14 Oct 2026, MoatMap's StockRank for Mitek Systems, Inc. (MITK) is 83/100, ranked against 24,000+ stocks in 35 markets (Quality 64, Value 50, Momentum 64, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Mitek provides mobile check deposit and identity verification software to banks, and reported fiscal Q3 revenue of $54.0 million, up 18%, with record SaaS revenue and a raised full-year outlook. Its face-liveness technology recently took the top three spots in an independent competition, relevant as AI-generated fraud grows. The check-deposit franchise is mature and slowly shrinking as check use declines, so the story rests on the identity business continuing to win share in a crowded market.
The ranks quoted here are from the day it was written; today's Quality, Value and Momentum are the bars above.
ABOUT MITEK SYSTEMS, INC.
Read
Mitek Systems is a global leader in mobile image capture and digital identity verification software, best known for pioneering mobile check deposit technology. The company's patented algorithms power identity verification for major financial institutions, fintechs, and marketplaces worldwide. Mitek's deep intellectual property portfolio and high switching costs for enterprise clients secure its dominant position in the fraud prevention and digital onboarding sectors.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 144.8M | 172.6M | 172.1M | 179.7M | 7.5% | 197.9M | 197.6M | 213.8M | 9.1% |
| EPS | 0.07 | 0.18 | 0.07 | 0.19 | 39.5% | 0.47 | 0.23 | 0.24 | 12.0% |
| Shares | 44.7M | 45.6M | 45.0M | 45.6M | +2.1% | 45.1M | — | — | — |
| Debt | 134.2M | 140.3M | 148.6M | 155.2M | 5.0% | 56.2M | — | — | — |
| Equity | 171.0M | 205.2M | 214.8M | 240.3M | 12.0% | — | — | — | — |
| Op CF | 21.1M | 31.6M | 31.7M | 55.3M | 37.9% | 53.7M | — | — | — |
| Inv CF | 1.7M | -6.8M | 28.7M | 5.8M | — | — | — | — | — |
| Fin CF | -21.1M | 1.7M | -25.9M | -1.8M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Swung more than 70% of stocks we rank over the past year (55% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of MITK are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| MITK | Mitek Systems, Inc.(you) | $798M | 83 | Strong Buy |
| DSP | Viant Technology Inc. | $818M | 82 | Strong Buy |
| MNTN | MNTN, Inc. | $790M | 90 | Strong Buy |
| DFIN | Donnelley Financial Solutions, Inc. | $1.2B | 86 | Strong Buy |
| RDVT | Red Violet, Inc. | $1.2B | 87 | Strong Buy |
| PUBM | PubMatic, Inc. | $795M | 68 | Buy |
| PD | PagerDuty, Inc. | $1.2B | 89 | Strong Buy |
| RMNI | Rimini Street, Inc. | $401M | 84 | Strong Buy |
| OOMA | Ooma, Inc. | $609M | 73 | Buy |
| 74SW.PA | 74Software | $1.2B | 90 | Strong Buy |
Peer medians: ROE 7.5% · P/E 35.6x · Gross margin 52.9%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.