How to Buy Mitek Systems Stock

Buy MITK

Mitek Systems Inc

Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally.

Mitek Systems stock last closed at $9.85, up 0.51% from the previous day, and has decreased 10.89% in one year. It has underperformed other stocks in the Software - Application industry by 0.17 percentage points. Mitek Systems stock is currently +42.14% from its 52-week low of $6.93, and -28.21% from its 52-week high of $13.72.

As of Jun 27, 2025, there are 45.56M shares of MITK outstanding. The market value of MITK is $448.81M. In the past 24 hours, 1.44M MITK shares were traded.

How to Buy Mitek Systems Stock

Wondering how to invest in Mitek Systems stock? Here's how.

  1. Figure out where to buy Mitek Systems stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Mitek Systems stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Choose your method of payment and add your information.
  4. Analyze Mitek Systems stock: The Mitek Systems ticker symbol is MITK. Is Mitek Systems stock a good investment? Should you buy shares of MITK? How do MITK's underlying business fundamentals look? Do top analysts think Mitek Systems is a good buy? Why has MITK's stock price moved recently? (Hint: Our stock analysis website can help you figure out if MITK is a good stock to buy).
  5. Execute your MITK trade: Decide if you will purchase MITK shares at the current market price or use a limit order to buy MITK stock at a given price.
  6. Get updates on your MITK position: Create a watchlist to track your investment in Mitek Systems stock.

Step 1: Figure out where to buy Mitek Systems stock

You need a brokerage account in order to access the NASDAQ market and buy MITK stock.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to world financial markets: From Tech to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Purchase MITK shares by opening an account with eToro today.

Buy MITK Stock

Step 2: Create your brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal information so you can invest in MITK stock today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal info to start your new trading account.
  1. Submit your information by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you have finished signing up on one of the best stock market apps, you can securely and quickly fund your account:

Check out the video below if you need help transferring money into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Mitek Systems stock

Once you have selected the best place to buy Mitek Systems stock, it's crucial to analyze their stock prior to buying, so you truly understand the risk as well as the opportunity.

Mitek Systems Metrics

MITK Price
$9.85
1w %
2.27%
1y %
-10.89%
5y %
3.02%
P/E
35.18x
P/B
2.04x
P/S
2.53x
PEG
0.77x
Revenue
$177.38M
Earnings
$13.33M
Fore. Rev. Growth
3.46%
Fore. Earn. Growth
50.86%
Market Cap
$448.81M
Next Earnings
N/A
Next Dividend
N/A

Mitek Systems Due Diligence Score

WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.

You can view all of the due diligence checks on MITK's stock page.

How is MITK stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MITK's true value.

Using relative valuations measures:

  • MITK could be undervalued based on its P/E ratio of 35.18x, relative to Software - Application industry P/E ratio of 46.41x
  • MITK could be undervalued based on its P/B ratio of 2.04x, relative to Software - Application industry P/B ratio of 7.04x
  • MITK may be undervalued based on its PEG ratio of 0.77x

You can do additional valuation research on MITK's stock here.

MITK Financial Health Overview

Pros:

  • MITK profit margin has gone up from -4.5% to 7.5% in the past year.
  • There are more short-term assets than long-term liabilities on the MITK balance sheet.
  • There are more short-term assets than short-term liabilities on the MITK balance sheet.
  • MITK's operating cash flow of $48.40M allows it to safely service it's debt of $150.70M.

Cons:

  • MITK has a relatively high debt to equity ratio of 0.93.
  • MITK earnings of $21.70M is not enough to cover its interest payments.
  • Total MITK debt is higher than 5 years ago, relative to shareholder equity.

Is Mitek Systems stock a Buy, Hold, or Sell, according to analysts?

Out of 2 sell side analysts who give recommendations on MITK, the consensus analyst rating on MITK is a Strong Buy

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Mitek Systems stock forecast page.

MITK Trading Indicators

SMA10
9.75
SMA20
9.83
SMA50
9.28
SMA100
9.14
SMA200
9.28
MACD
0.13
MACD Signal
0.16
MACD Histogram
-0.03
RSI
56.44
Stochastic %K
47.18
Stochastic %D
42.89
StochRSI %K
40.72
StochRSI %D
36.24

How are MITK Revenues/Earnings doing?

Last year, MITK earnings were $13.33M. During the last 5 year, MITK's earnings have gone up by 20.55% per year. This was slower than the Software - Application industry average of 81.5%.

Last year, MITK revenue was $177.38M. During the last 5 year, MITK's revenue has gone up by 13.99% per year. This was slower than the Software - Application industry average of 22.28%.

Find out more about MITK's earnings and revenue performance here.

What are MITK executives and large shareholders up to?

Over the last year, insiders at MITK have bought more shares than they have sold.

Michael E. Diamond, was the latest MITK insider to sell. They sold $687,479.74 worth of MITK stock on Jun 13, 2025.

Get more info about who owns MITK shares here.

Can I rely on MITK as an income stream?

No, Mitek Systems doesn't provide an income stream by paying out dividends.

What do other investors have to say about MITK?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your MITK trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price limit, place a limit order.

Hit the Open Trade button and eToro will execute your order.

If you need more info about investing in stocks on eToro, watch the helpful video below:

Buy MITK Stock

Step 6: Get updates on your MITK position

Now that you own some MITK shares, you'll want to keep up with your investment.

Create a watchlist to get notified of important updates regarding your MITK stock.

MITK Feed

How to Buy Stock in Mitek Systems

To summarize, here are the 6 steps you need to take to buy Mitek Systems stock right now:

  1. Figure out where to buy Mitek Systems stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Analyze Mitek Systems stock
  5. Execute your MITK trade
  6. Get updates on your MITK position

If you are looking for a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Mitek Systems, click the button below.

NASDAQ: MITK
$9.85+0.00 (+0%)
Updated Jun 27, 2025
Buy MITK Stock
Your capital is at risk.
NASDAQ: MITK
$9.85+0.00 (+0%)
Updated Jun 27, 2025
Buy MITK Stock
Your capital is at risk.

FAQ

How much does it cost to buy one Mitek Systems share?

As of Jun 27, 2025, it costs $9.85 to buy one share of Mitek Systems stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.406 shares of MITK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Mitek Systems stock?

According to 2 Wall Street analysts who monitor Mitek Systems, their consensus recommendation is to buy Mitek Systems stock.

What is the best way to buy Mitek Systems stock?

One way to place an order for Mitek Systems stock is with a brokerage account.
Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
OSZAR »