Q2 EPS Estimates for Mitek Systems Boosted by William Blair

Mitek Systems, Inc. (NASDAQ:MITK) – William Blair increased their Q2 2025 earnings per share estimates for shares of Mitek Systems in a report issued on Tuesday, February 11th. William Blair analyst J. Roberge now forecasts that the software maker will post earnings of $0.19 per share for the quarter, up from their previous forecast of $0.18. The consensus estimate for Mitek Systems’ current full-year earnings is $0.65 per share. William Blair also issued estimates for Mitek Systems’ Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.55 EPS, Q1 2026 earnings at $0.07 EPS, Q4 2026 earnings at $0.21 EPS and FY2026 earnings at $0.69 EPS.

A number of other research analysts have also issued reports on MITK. HC Wainwright reiterated a “buy” rating and set a $13.00 price target on shares of Mitek Systems in a research note on Tuesday. StockNews.com cut Mitek Systems from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Finally, Maxim Group upped their price objective on Mitek Systems from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Tuesday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.88.

Mitek Systems Stock Down 2.6 %

Shares of Mitek Systems stock opened at $10.13 on Friday. Mitek Systems has a one year low of $7.35 and a one year high of $16.24. The company has a market cap of $458.18 million, a P/E ratio of 168.83 and a beta of 1.08. The company has a debt-to-equity ratio of 0.67, a quick ratio of 4.39 and a current ratio of 4.39. The firm has a fifty day moving average of $10.37 and a two-hundred day moving average of $9.61.

Mitek Systems (NASDAQ:MITK) last released its earnings results on Monday, February 10th. The software maker reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.07). Mitek Systems had a net margin of 1.90% and a return on equity of 16.64%.

Insider Buying and Selling

In other Mitek Systems news, insider Michael E. Diamond sold 4,544 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $9.09, for a total transaction of $41,304.96. Following the completion of the transaction, the insider now directly owns 166,632 shares in the company, valued at approximately $1,514,684.88. This trade represents a 2.65 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jason Gray sold 6,222 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $9.07, for a total transaction of $56,433.54. Following the completion of the sale, the insider now owns 164,342 shares in the company, valued at $1,490,581.94. This represents a 3.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 16,699 shares of company stock worth $152,140 in the last quarter. Company insiders own 2.10% of the company’s stock.

Institutional Trading of Mitek Systems

Hedge funds and other institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company boosted its stake in Mitek Systems by 12.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,937 shares of the software maker’s stock worth $201,000 after buying an additional 1,923 shares during the last quarter. SG Americas Securities LLC purchased a new position in Mitek Systems during the third quarter worth approximately $148,000. Creative Planning acquired a new position in shares of Mitek Systems in the 3rd quarter valued at $152,000. nVerses Capital LLC grew its stake in shares of Mitek Systems by 25.5% during the 3rd quarter. nVerses Capital LLC now owns 6,400 shares of the software maker’s stock valued at $55,000 after buying an additional 1,300 shares during the period. Finally, Olympiad Research LP acquired a new stake in shares of Mitek Systems during the 3rd quarter worth $247,000. 83.64% of the stock is owned by hedge funds and other institutional investors.

Mitek Systems Company Profile

Mitek Systems, Inc provides mobile image capture and digital identity verification solutions worldwide. Its product portfolio includes Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications; and Mobile Fill, which includes automatic image capture, minimizes the numbers of clicks, and expedites form fill completion.