Mitek Systems, Inc. logo MITK - Mitek Systems, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
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| PRICE TARGET: $16.00 DETAILS
HIGH: $17.00
LOW: $15.00
MEDIAN: $16.00
CONSENSUS: $16.00
DOWNSIDE: 13.37%

Stock News

Mitek and Datos Insights Report Finds Synthetic Identity Fraud Is Emerging as the Defining Fraud Threat of 2026

Mitek and Datos Insights Report Finds Synthetic Identity Fraud Is Emerging as the Defining Fraud Threat of 2026

SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, today announced new research findings developed in collaboration with Datos Insights that reveal synthetic identity fraud is rapidly becoming one of the most significant systemic threats facing financial institutions. The convergence of generative AI, organized fraud rings, and scalable synthetic identity creation is reshaping fraud risk, forcing financial insti.

Jun 10, 2026 05:00 AM businesswire.com
Mitek Systems: Not A Cheap Stock, But A Better Business Than It Looks

Mitek Systems: Not A Cheap Stock, But A Better Business Than It Looks

Mitek Systems (MITK) earns a Buy rating as it transitions from legacy mobile deposit to fraud prevention and identity verification, capitalizing on rising digital security needs. Fraud and identity solutions revenue grew 28% YoY in Q2 FY2026, with SaaS revenue up 18%, demonstrating momentum in MITK's modern business segments. Strong profitability is evident with Q2 adjusted EBITDA margin at 40.7% and LTM free cash flow of $44.5 million, supported by disciplined cost control.

May 20, 2026 07:10 AM seekingalpha.com
Mitek Announces Strategic Partnership with Global Analytics Software Leader FICO to Strengthen Enterprise Fraud Defenses

Mitek Announces Strategic Partnership with Global Analytics Software Leader FICO to Strengthen Enterprise Fraud Defenses

SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, announced today that its Mitek Verified Identity Platform® (MiVIP) is now available on FICO® Marketplace, the industry's first marketplace for composable enterprise decisioning offerings. The listing empowers enterprises to operationalize AI and drive better outcomes by easily discovering, accessing, and deploying a wide range of pre-built offerings, including A.

May 13, 2026 04:15 AM businesswire.com
Mitek Reports Record Fiscal 2026 Second Quarter Results; Raises Full-Year Outlook

Mitek Reports Record Fiscal 2026 Second Quarter Results; Raises Full-Year Outlook

SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com, “Mitek” or the “Company”), a global leader in digital identity verification and fraud prevention, today reported financial results for its second quarter ended March 31, 2026 and raised its revenue and adjusted EBITDA margin guidance range for the fiscal year ending September 30, 2026 (“fiscal 2026”). “The team's execution on our Unify and Grow ethos resulted in a record revenue and profitability quarter, led b.

May 07, 2026 12:05 PM businesswire.com
Mitek to Report Fiscal 2026 Second Quarter Financial Results on May 7, 2026

Mitek to Report Fiscal 2026 Second Quarter Financial Results on May 7, 2026

SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, today announced that it will release its financial results for the second quarter of fiscal year 2026, which ended March 31, 2026, after the U.S. market closes on Thursday, May 7, 2026. Mitek will host a conference call and live webcast to discuss the results at 2 p.m. PT (5 p.m. ET). Mitek CEO Ed West and CFO Dave Lyle will lead the call, followed by a Q&A.

Apr 23, 2026 01:00 PM businesswire.com
Mitek and Synectics Solutions Partner to Help UK Insurers Tackle Rising Digital Fraud While Expanding Fair Access to Insurance

Mitek and Synectics Solutions Partner to Help UK Insurers Tackle Rising Digital Fraud While Expanding Fair Access to Insurance

LONDON--(BUSINESS WIRE)--Mitek (NASDAQ: MITK) and Synectics Solutions have partnered to help UK insurers detect fraud earlier in digital insurance applications while improving access to coverage for genuine customers. The collaboration combines Mitek's identity verification and anti-spoofing technology with Synectics' fraud orchestration platform, and National SIRA, the largest cross-sector risk intelligence consortium of its kind. Together, the technologies enable insurers to verify applicant.

Apr 15, 2026 11:30 PM businesswire.com
Mitek Now Integrates with Ping Identity's PingOne DaVinci to Deliver Identity Verification at Scale Across the Full Customer Journey

Mitek Now Integrates with Ping Identity's PingOne DaVinci to Deliver Identity Verification at Scale Across the Full Customer Journey

SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, today announced a new integration with Ping Identity, a leader in securing digital identities for the world's largest enterprises, leveraging PingOne DaVinciTM, a no-code identity orchestration service. The DaVinci connector enables organizations to configure advanced identity verification capabilities, including liveness detection and face comparison, into Ping.

Mar 12, 2026 04:30 AM businesswire.com
Mitek Systems: How Its AI Fortress Protects 50% Of U.S. Banks

Mitek Systems: How Its AI Fortress Protects 50% Of U.S. Banks

Mitek Systems leverages its bank consortium and AI-driven Check Fraud Defender, creating a robust moat and indispensable value for over 50% of U.S. checking banks. MITK's SaaS revenues grew 21% YoY, now 43% of total LTM revenues, supporting a higher valuation as the business shifts from legacy licensing. Q1 revenues reached $44.2M (+19% YoY), with Fraud & Identity solutions up 30% YoY and adjusted EBITDA margin expanding to 30%.

Mar 05, 2026 12:58 AM seekingalpha.com
Mitek Strengthens Its Unassisted Video Verification Solution for the Spanish Market as AI-Driven Identity Fraud Accelerates

Mitek Strengthens Its Unassisted Video Verification Solution for the Spanish Market as AI-Driven Identity Fraud Accelerates

SAN DIEGO & BARCELONA, Spain--(BUSINESS WIRE)--Mitek Systems (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, today announced enhancements to its SEPBLAC-compliant digital onboarding capabilities for the Spanish market, designed to help regulated entities defend against a rapidly escalating wave of AI-driven identity fraud. The enhancements strengthen Mitek's unassisted video verification solution, used across Spain for SEPBLAC‑compliant remote identity ver.

Feb 11, 2026 09:30 PM businesswire.com

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