Jefferies resumed coverage on Mitek Systems with a new price target
$MITK
Computer peripheral equipment
Technology
Jefferies resumed coverage of Mitek Systems with a rating of Buy and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/4/2024 | $17.00 → $9.50 | Buy → Hold | Jefferies |
| 12/14/2023 | $17.00 | Buy | Craig Hallum |
| 10/31/2023 | $13.00 | Buy | Jefferies |
| 10/25/2022 | $17.00 → $13.00 | Buy | Jefferies |
| 8/12/2021 | $27.00 | Buy | HC Wainwright & Co. |
SC 13G/A - MITEK SYSTEMS INC (0000807863) (Subject)
SC 13G/A - MITEK SYSTEMS INC (0000807863) (Subject)
SC 13G/A - MITEK SYSTEMS INC (0000807863) (Subject)
Mitek Systems, Inc. (NASDAQ:MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced the appointment of James ("J.D.") Fay to its board of directors. Mr. Fay will also serve as a member of the board's audit committee. Mr. Fay, who currently serves as Chief Financial Officer at Matterport, Inc. (NASDAQ:MTTR), brings over two decades of financial strategy and operational expertise to Mitek, having played a key role in scaling technology companies from early growth stages to IPO and acquisition. "We are thrilled to welcome J.D. to our board and believe his extensive experience in financial strategy and guiding companies through growth and t
Mitek Systems, Inc. ("Mitek" or the "Company") (NASDAQ:MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced the appointment of Ed West as Chief Executive Officer and a member of the Board of Directors, effective immediately. Scott Carter, who has served as Interim CEO since June 2024, will serve as non-executive Chairman of the Board of Directors. "We are thrilled to welcome Ed to Mitek Systems," said Scott Carter. "Ed's expertise in driving top-line growth through innovative product development and business model transformation will be invaluable as Mitek enters its next chapter. He brings a proven track record of building fintech p
Scott Carter, Previous Executive Chair of the Board and Current Chairman of the Board, Appointed Interim CEO Search Underway to Identify Permanent CEO Mitek (NASDAQ:MITK, www.miteksystems.com, "Mitek" or the "Company"))), a global leader in digital identity and digital fraud prevention, today announced that the Company's Board of Directors has appointed Scott Carter as Interim CEO, effective June 1, 2024. The Company will terminate the employment of Mitek's current CEO, Max Carnecchia, on May 31, 2024. At the request of the Board, Mr. Carnecchia will remain a member of the Board of Directors and be available to assist with the CEO transition process. The Board has engaged the services
4 - MITEK SYSTEMS INC (0000807863) (Issuer)
4 - MITEK SYSTEMS INC (0000807863) (Issuer)
4 - MITEK SYSTEMS INC (0000807863) (Issuer)
Mitek Systems, Inc. (NASDAQ:MITK, www.miteksystems.com, "Mitek" or the "Company")), a global leader in digital identity verification, mobile capture and fraud management, today reported financial results for its fourth quarter ended September 30, 2024 and provided guidance for its 2025 fiscal year ending September 30, 2025. "We reported a solid quarter of year over year revenue growth, profitability and cash generation driven by our team's hard work and operational focus," stated Mitek CFO, Dave Lyle. "The Mitek team has done a tremendous job in delivering value to our customers while we are focusing on driving efficient revenue growth over the long-term." "Mitek has a rich and deep his
Mitek Systems, Inc. (NASDAQ:MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced that it will conduct a conference call on Monday, December 16th, at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss its financial results for the fiscal fourth quarter and full year ended September 30, 2024. The financial results will be issued in a press release prior to the call. Mitek CEO Ed West and CFO Dave Lyle will host the call, followed by a question and answer session. Date: Monday, December 16, 2024 Time: 2:00 p.m. Pacific time (5:00 p.m. Eastern time) Toll-free dial-in number: 844-481-3005 International dial-in number: +1 412-31
Mitek Systems, Inc. (NASDAQ:MITK, www.miteksystems.com, "Mitek" or the "Company"))), a global leader in digital identity and fraud prevention, today reported financial results for its third quarter ended June 30, 2024 and revised its previously provided guidance for its 2024 fiscal year ending September 30, 2024. Fiscal 2024 Third Quarter Financial Highlights Total revenue was $45.0 million, compared to $43.1 million a year ago, or 4% year-over-year growth. GAAP operating income was $0.7 million, an operating margin of 2%, compared to GAAP operating income of $1.8 million, an operating margin of 4% a year ago. GAAP net income was $0.2 million, or $0.00 per diluted share, compared
Jefferies downgraded Mitek Systems from Buy to Hold and set a new price target of $9.50 from $17.00 previously
Craig Hallum initiated coverage of Mitek Systems with a rating of Buy and set a new price target of $17.00
Jefferies resumed coverage of Mitek Systems with a rating of Buy and set a new price target of $13.00
Mitek Systems, Inc. (NASDAQ:MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced that it will participate in the 27th Annual Needham Growth Conference on January 14th in New York. Ed West, CEO, and Dave Lyle, CFO, will host one-on-one meetings with investors that day. To schedule a meeting with the Company, please contact your representative at Needham or MKR Investor Relations. Mitek (NASDAQ:MITK) is a global leader in digital access, founded to bridge the physical and digital worlds. Mitek's advanced identity verification technologies and global platform make digital access faster and more secure than ever, providing companies n
Mitek Systems, Inc. (NASDAQ:MITK, www.miteksystems.com, "Mitek" or the "Company")), a global leader in digital identity verification, mobile capture and fraud management, today reported financial results for its fourth quarter ended September 30, 2024 and provided guidance for its 2025 fiscal year ending September 30, 2025. "We reported a solid quarter of year over year revenue growth, profitability and cash generation driven by our team's hard work and operational focus," stated Mitek CFO, Dave Lyle. "The Mitek team has done a tremendous job in delivering value to our customers while we are focusing on driving efficient revenue growth over the long-term." "Mitek has a rich and deep his
Combatting the rising tide of digital identity fraud fueled by GenAI, Mitek's Digital Fraud Defender equips financial institutions and enterprises with advanced capabilities to detect deepfakes, injection attacks, and template attacks as part of the Mitek Verified Identity Platform® (MiVIP). Mitek Systems, Inc. (NASDAQ:MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced Digital Fraud Defender (DFD), an advanced, multi-layered solution to safeguard digital identity verification processes against sophisticated AI-enabled fraud tactics. Designed for financial institutions, fintech, online gaming providers, and enterprises requiring re
10-K - MITEK SYSTEMS INC (0000807863) (Filer)
8-K - MITEK SYSTEMS INC (0000807863) (Filer)
SCHEDULE 13G - MITEK SYSTEMS INC (0000807863) (Subject)