MITK, US6067102003

Mitek Systems stock reports USD 54.04 million in Q3 revenue

Published on 10/04/2026 at 19:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mitek Systems stock beat its Q3 revenue estimate of USD 50.82 million on August 6, 2026. MarketBeat lists a Buy consensus and USD 19.33 target.

MITK, US6067102003, Illustration mit AI erstellt.

Mitek Systems (ISIN US6067102003) reported Q3 FY26 revenue of USD 54.04 million and earnings of USD 8.37 million, according to Yahoo Finance. The figures give MITK stock a current earnings anchor after the companys August 6, 2026 results release.

Revenue clears the estimate

The Q3 FY26 revenue figure exceeded the USD 50.82 million consensus estimate cited by MarketBeat. That comparison puts the revenue beat at 6.3 percent and matters because Mitek combines established mobile deposit tools with digital identity verification and fraud prevention products.

Yahoo Finance lists Q3 FY26 earnings of USD 8.37 million and a profit margin of 15.48 percent. Mitek describes its platform as serving more than 7,000 organizations across banking, fintech, telecommunications and online marketplaces, giving the quarterly result a broad customer base.

Analysts see further upside

MarketBeat lists a Buy consensus from three analysts, with one Strong Buy, one Buy and one Hold rating, plus an average price target of USD 19.33. The target lies 8.3 percent above the October 2, 2026 Nasdaq close of USD 17.85, while the highest cited individual target was USD 26.00 from Maxim Group.

The analyst picture is positive but not uniform. Weiss Ratings maintained a Hold rating, while Wall Street Zen and Zacks Research moved to Strong Buy ratings in August, creating a spread between the most constructive view and the more cautious assessment.

Stock closes at USD 17.85

Mitek Systems stock closed at USD 17.85 on Nasdaq on October 2, 2026, up 0.56 percent from the prior session. The market capitalization was USD 801.6 million and trading volume was 626,131 shares for the same session.