Mitek Systems (MITK) Expected to Announce Quarterly Earnings on Thursday

Mitek Systems (NASDAQ:MITK) is anticipated 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. Individuals can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

Mitek Systems Stock Performance

Shares of NASDAQ:MITK opened at $10.47 on Thursday. The firm has a market cap of $474.29 million, a price-to-earnings ratio of 55.11 and a beta of 1.08. The business has a 50-day simple moving average of $9.93 and a two-hundred day simple moving average of $9.71. Mitek Systems has a fifty-two week low of $6.93 and a fifty-two week high of $11.39.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Mitek Systems

Several institutional investors and hedge funds have recently bought and sold shares of MITK. AQR Capital Management LLC grew its holdings in Mitek Systems by 138.3% during the first quarter. AQR Capital Management LLC now owns 111,967 shares of the software maker’s stock valued at $924,000 after purchasing an additional 64,980 shares during the period. Creative Planning grew its stake in shares of Mitek Systems by 87.6% during the 2nd quarter. Creative Planning now owns 30,133 shares of the software maker’s stock valued at $298,000 after acquiring an additional 14,070 shares during the period. Rhumbline Advisers increased its holdings in Mitek Systems by 39.2% in the 2nd quarter. Rhumbline Advisers now owns 91,877 shares of the software maker’s stock worth $910,000 after acquiring an additional 25,878 shares in the last quarter. American Century Companies Inc. raised its stake in Mitek Systems by 49.7% during the 2nd quarter. American Century Companies Inc. now owns 69,871 shares of the software maker’s stock worth $692,000 after acquiring an additional 23,212 shares during the period. Finally, XTX Topco Ltd bought a new stake in Mitek Systems during the 2nd quarter worth approximately $153,000. 83.64% of the stock is currently owned by hedge funds and other institutional investors.

About Mitek Systems

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.