Yahoo Finance report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
Why MITK Stock dropped -2.11% Today — RQD Quant Desk Flash
Mitek Systems Inc. (MITK) earns a Roarable Rating of B (Buy) with 72/100 RQD Confidence. High-quality cash engine (steady margins, 23% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.
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Is MITK stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-02, Mitek Systems Inc. (NASDAQ: MITK) is rated B (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 72/100 at a spot price of $18.07 (-2.11% 1D, market cap $833.0M). Pillar breakdown: Fundamental Cash Engine 18/20, Institutional 13F & Options Flow 14/20, Executive Insider Alignment 14/20, FRED Macro Regime Fit 13/20, and SEC Balance-Sheet Forensics 13/20. Across 714 tracked Technology issuers, MITK ranks #68 in composite RQD confidence.
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How does MITK compare to EVLV and SSYS in the Technology sector?
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Within the Technology sector (Computer peripheral equipment), MITK carries a Roarable B (72/100 RQD), trailing P/E of 94.7x, gross margin of —, and ROIC of 22.7%. By comparison, EVLV (Evolv Technologies Holdings Inc. (Class A)) holds a D- grade (43/100 RQD, P/E N/A, ROIC -35.0%, cap $878.5M) and SSYS (Stratasys Ltd. (Israel)) posts a E grade (17/100 RQD, P/E N/A, ROIC -7.7%, cap $619.2M). Among the 5-stock peer group, IMMR leads on earnings multiple (53.6x) while MITK leads on capital efficiency (22.7% ROIC).
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief)
What are the biggest fundamental strengths and SEC risk factors for MITK?
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Per MITK's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-09-30, CIK 0000807863), Mitek Systems Inc. generated $179.7M in revenue (+4.4% YoY), $8.8M in net income, and $54.2M in free cash flow against $446.5M in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Priced at 95x earnings—high expectations leave less room for a lukewarm quarter.. Institutional options positioning shows a 50% call / 50% put premium split.
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
SEC XBRL FY 2025 (10-K): 30.2% FCF Margin ($54.2M FCF) & 52% Gross Margin
20D Institutional Volume Accumulation (±9.8% realized swing band)
Cannibal Buyback (-1.52% YoY Shares) & executive Form 4 sales trim 7 pts from alignment
⚔️ Adversarial Opposing Case: Why the MITK Bull Thesis Could Fail
Even with a 72/100 (B) score, MITK faces multiple-compression risk if 94.7x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.
Priced at 95x earnings—high expectations leave less room for a lukewarm quarter.
Dilution & Margin Drag: Cannibal Buyback (-1.52% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.
Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($17.69) or 200D SMA ($15.87) invalidates the momentum regime and cuts Target Base ($19.21) toward Bear Floor ($14.82).
Why MITK Stock dropped -2.11% Today — RQD Quant Desk Flash
Mitek Systems Inc. (MITK) dropped -2.11% to $18.07, trading at 76% of its 52-week range ($8.53 – $21.05). High-quality cash engine (steady margins, 23% return on capital) with steady institutional support.
- ▸Technical Tape: Trading at 76% of its 52-week range ($8.53 – $21.05) with RSI-14 at 55.6 (BULLISH MOMENTUM).
- ▸Volatility Profile: Historical 20-day realized swing band of ±9.8% around $18.07 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable B (Buy) backed by 52% gross margin and $54.2M annual free cash flow.
GuruFocus report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
TradingView report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
StockInvest.us report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
Simply Wall St report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
Stock Traders Daily report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
Mitek Systems did not just ship another fraud tool during the period. It landed real money, with Q3 2026 revenue of US$54.038 million and net income of US$8.367 million on record, alongside a much higher net margin than
A $1.2b hit to Bank of America’s bottom line has thrown financial compliance into the spotlight, as investors watch how regulators are reshaping the rules of the game in real time. This kind of penalty can strain banks a
Scheduled RQD Strong Buys & Whale Accumulation Briefing (MITK Tape Review)
- ✓Breakdown of the highest-scoring RQD Green-Light breakouts across our 5,200+ rated universe
- ✓Forensic Red-Light accounting & dilution traps to review on your watchlist
- ✓Includes downloadable .ics calendar invite & nightly RQD rating-change email alerts
MITK Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +4.4% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on MITK today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for MITK. Explore sector supply chains on /butterfly.
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (MITK)
1. Head-to-Head Technology Peer Comparison (MITK vs. EVLV, SSYS, CRSR, IMMR)
Industry: Computer peripheral equipment (18 Tracked Issuers)Across 714 tracked Technology securities in the Roarable RQD universe, Mitek Systems Inc. (MITK) ranks #68 by composite RQD confidence (72/100, grade B) and #367 by equity capitalization ($833.0M). Within this direct 5-issuer industry benchmark cohort, IMMR leads on earnings valuation at 53.6x trailing P/E, while MITK leads on capital efficiency and profitability with 22.7% ROIC and — gross margin. MITK currently leads its immediate peer cohort in composite quantitative strength at 72/100 (B).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| MITK
ACTIVE
Mitek Systems Inc. | B | 72/100 | 94.7x | — | 22.7% | -2.11% | $833.0M | Benchmark Subject |
| EVLV Evolv Technologies Holdings Inc. (Class A) | D- | 43/100 | — | 51.6% | -35.0% | -3.30% | $878.5M | /evlv-vs-mitk → |
| SSYS Stratasys Ltd. (Israel) | E | 17/100 | — | 41.2% | -7.7% | -4.41% | $619.2M | /ssys-vs-mitk → |
| CRSR Corsair Gaming Inc. | D+ | 56/100 | 92.8x | 28.9% | 0.2% | -8.23% | $1.49B | /crsr-vs-mitk → |
| IMMR Immersion Corporation | C- | 61/100 | 53.6x | — | 12.4% | -1.37% | $242.4M | /immr-vs-mitk → |
2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)
SEC EDGAR 10-K • FILED 2025-09-30 • CIK 0000807863In its most recent audited fiscal period (FY2025, filed 2025-09-30), Mitek Systems Inc. (MITK) reported GAAP revenue of $179.7M (+4.4% vs. FY2024 revenue of $172.1M , and +4.1% cumulative change since FY2023) , GAAP net income of $8.8M, operating cash flow of $55.3M, and free cash flow of $54.2M (+79.1% YoY). On the balance sheet, MITK closed FY2025 with $446.5M in total assets against $0 in total debt (Altman Z-Score: 2.87, Piotroski F-Score: 7/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-09-30 | $179.7M | $8.8M | $55.3M | $54.2M | $446.5M | — |
| FY2024 (FY) | 2024-09-30 | $172.1M | $3.3M | $31.7M | $30.3M | $396.0M | — |
| FY2023 (FY) | 2023-09-30 | $172.6M | $8.0M | $31.6M | $31.6M | — | — |
3. MITK Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs MITK stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
As of 2026-11-02, Mitek Systems Inc. (NASDAQ: MITK) is rated B (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 72/100 at a spot price of $18.07 (-2.11% 1D, market cap $833.0M). Pillar breakdown: Fundamental Cash Engine 18/20, Institutional 13F & Options Flow 14/20, Executive Insider Alignment 14/20, FRED Macro Regime Fit 13/20, and SEC Balance-Sheet Forensics 13/20. Across 714 tracked Technology issuers, MITK ranks #68 in composite RQD confidence.
How does MITK compare to EVLV and SSYS in the Technology sector?
Within the Technology sector (Computer peripheral equipment), MITK carries a Roarable B (72/100 RQD), trailing P/E of 94.7x, gross margin of —, and ROIC of 22.7%. By comparison, EVLV (Evolv Technologies Holdings Inc. (Class A)) holds a D- grade (43/100 RQD, P/E N/A, ROIC -35.0%, cap $878.5M) and SSYS (Stratasys Ltd. (Israel)) posts a E grade (17/100 RQD, P/E N/A, ROIC -7.7%, cap $619.2M). Among the 5-stock peer group, IMMR leads on earnings multiple (53.6x) while MITK leads on capital efficiency (22.7% ROIC).
What are the biggest fundamental strengths and SEC risk factors for MITK?
Per MITK's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-09-30, CIK 0000807863), Mitek Systems Inc. generated $179.7M in revenue (+4.4% YoY), $8.8M in net income, and $54.2M in free cash flow against $446.5M in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Priced at 95x earnings—high expectations leave less room for a lukewarm quarter.. Institutional options positioning shows a 50% call / 50% put premium split.
Where is MITK trading relative to its 50-day, 200-day, and 52-week technical levels?
MITK last traded at $18.07 (-2.11% on volume of 469,124 shares), positioning the stock +2.15% above its 50-day simple moving average ($17.69) and +13.86% above its 200-day simple moving average ($15.87). Across its 52-week range of $8.53 to $21.05, MITK sits at the 76.2% percentile with a 14-day RSI of 55.6 (BULLISH MOMENTUM) and an implied next-earnings move of ±9.8% ($16.30 to $19.84).
MITK Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDWhy is MITK stock moving today?
Why MITK Stock dropped -2.11% Today — RQD Quant Desk Flash. High-quality cash engine (steady margins, 23% return on capital) with steady institutional support.
MITK — Mitek Systems Inc.: What the Facts Mean to a Prospective Investor
Roarable Rating Brief: What This Means to a Prospective Investor
Per the Roarable RQD rating, MITK scores 72 out of 100 (letter grade B, verdict "Roarable Buy — Good Risk/Reward"). The five pillars are:
- Fundamental Cash Engine: 18 / 20. Per the Roarable RQD rating, this pillar reflects ROIC of 22.7% and an FCF yield of 6.51%. This is the strongest pillar and the main upside driver in the rating.
- Whale 13F Flow: 14 / 20. Per the Roarable RQD rating, this covers institutional accumulation and options positioning. The underlying 13F and options detail is not itemized in the source data.
- Insider Conviction: 13 / 20. Per the Roarable RQD rating, this reflects SEC Form 4 and Congressional PTR cluster flow. Individual transactions are not itemized in the source data.
- Macro Regime Fit: 13 / 20. Per the Roarable RQD rating, this reflects Beta of 1.0 and sector sensitivity.
- Forensic Balance Sheet: 14 / 20. Per the Roarable RQD rating, this reflects Altman Z 2.87, Piotroski F 7/9, and Debt/Equity 0.5.
For a prospective investor evaluating the stock today, the rating points to cash generation and balance-sheet strength as the main supports. Valuation is the main tradeoff: per the market data, the stock trades at a P/E (TTM) of 94.7 and an EV/EBITDA of 37, which is high relative to its reported EPS of 0.19. The 52-week range of $8.53–$21.05 against a current price of 18.46 shows a wide trading band. Institutional and insider pillars are mid-range, indicating neither strong conviction nor clear weakness in the source data. These are analytical observations, not personalized advice.
Snapshot
Financial Trend
| Period | Revenue | Operating Income | Net Income | EPS | FCF | Cash | Debt |
|---|---|---|---|---|---|---|---|
| FY 2025 | $179.7M | $16.8M | $8.8M | N/A | $54.2M | $175.1M | N/A |
| FY 2024 | $172.1M | $2.2M | $3.3M | N/A | $30.2M | $90.6M | N/A |
| FY 2023 | $172.6M | $15.6M | $8.0M | N/A | $31.6M | N/A | N/A |
Per the SEC financials, revenue was broadly flat across the three periods, while operating income rose to $16.8M in FY 2025 from $2.2M in FY 2024. Per the market data, operating margin is 9.3% and net margin is 4.9%. Per the Roarable RQD rating, ROIC is 22.7%, Altman Z-Score is 2.87, and Piotroski F-Score is 7/9. Per the Roarable RQD rating, Debt/Equity is 0.5. Per the SEC financials, cash rose to $175.1M in FY 2025 from $90.6M in FY 2024.
Open Questions
- What are the company's specific products, customers, and revenue drivers? The source data does not describe them.
- Why did FY 2024 operating income fall to $2.2M while revenue held near $172M, and what drove the rebound to $16.8M in FY 2025?
- What are the EPS and debt figures for each reported period, which the financials table lists as N/A?
- What do the institutional, options, and insider flows in the RQD pillars look like at the individual-transaction level?
- What supply-chain relationships, if any, link MITK to upstream suppliers or downstream customers?
MITK Live News Feed, Press Releases & Catalyst Wire
Real-time company headlines, analyst actions, and sector developments for Mitek Systems Inc. (MITK) • Click "Debate This Headline" to argue it in the Roar Pit below
Yahoo Finance report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
GuruFocus report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
TradingView report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
StockInvest.us report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
Simply Wall St report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
Stock Traders Daily report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Mitek Systems Inc. (MITK) market action, institutional positioning, and fundamental catalysts.
MITK Bull vs. Bear Conversation Board — What's Your Call at $18.07?
🔥 Official Bull vs. Bear Debate: Is MITK (B • RQD 72/100) a Buy at $18.46?
Welcome to the MITK (Mitek Systems Inc.) Roar Pit. Current RQD Composite is 72/100 (Roarable Buy — Good Risk/Reward) in Computer peripheral equipment. Bulls point to capital efficiency (22.7% ROIC), while bears focus on valuation multiple compression (94.7x trailing P/E). Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.
Pump the brakes on MITK — check the valuation vs. margin headwinds
Everyone in here is repeating the bull case on MITK, but look at what you are paying: 94.7x trailing P/E with tightening sector spreads. Unless Mitek Systems Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.
MITK cash flow & RQD setup is being underpriced by the Street here
Looking at the 5-pillar RQD breakdown on MITK, the market is fixating on short-term headline noise in Computer peripheral equipment and ignoring the balance sheet and cash flow trajectory. At $18.46 (52-wk range $8.53 - $21.05), any beat on forward guidance forces shorts and underweight funds to chase.