MITK
Mitek Systems, Inc.
MITK's outlook is improving, though it still trails on the overall score.
MU
Micron Technology, Inc.
MU has the edge over MITK overall, supported by stronger modeled upside and stronger fundamentals.
MITK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MITK's revenue, profitability, cash flow and balance sheet are all currently healthy.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
MITK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 15x | $18.25 | — |
| Current | 39x | $18.25 | — |
| Cheap | 40x | $18.89 | +3.5% |
| Fair | 69x | $32.56 | +78% |
| Expensive | 90x | $42.14 | +131% |
Historical ranges are pointers, not guarantees.
MITK has the edge over MU in the historical PE scenario, which offers more potential upside but is not a forecast.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
MITK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for MITK, with profitability improving.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for MU, with profitability improving.
MITK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.18 | +151% |
| Q2 2026 | $0.47 | +38% |
| Q1 2026 | $0.35 | +21% |
| Q4 2025 | $0.35 | +250% |
| Q3 2025 | $0.19 | +171% |
| Q2 2025 | $0.34 | +$0.49 |
| Q1 2025 | $0.29 | +$0.45 |
| Q4 2024 | $0.10 | +$0.16 |
| Q3 2024 | $0.07 | -59% |
MITK earned $0.47 per share over the past year, up 38% from the year before.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU has the edge over MITK on earnings, with more consistent year-over-year improvement.
MITK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $54M | +18% |
| Q1 2026 | $54.8M | +5.6% |
| Q4 2025 | $44.2M | +19% |
| Q3 2025 | $44.8M | +3.6% |
| Q2 2025 | $45.7M | +1.7% |
| Q1 2025 | $51.9M | +11% |
| Q4 2024 | $37.3M | +0.9% |
| Q3 2024 | $43.2M | +15% |
MITK's revenue has grown year over year for 10 quarters in a row: $54M last quarter, up 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 21% | +13 points |
| Q1 2026 | 25% | +2.8 points |
| Q4 2025 | 12% | +21 points |
| Q3 2025 | 10% | -7.4 points |
| Q2 2025 | 8.3% | +6.7 points |
| Q1 2025 | 22% | +20 points |
| Q4 2024 | -8.3% | +11 points |
| Q3 2024 | 18% | +27 points |
MITK's operating margin was 21% last quarter, up 13 points from the same quarter a year ago.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over MITK on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over MITK on profitability, with a higher operating margin.
MITK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $25.3M | +19% |
| Q1 2026 | -$2.5M | -118% |
| Q4 2025 | $6.6M | +2766% |
| Q3 2025 | $19.2M | -7.8% |
| Q2 2025 | $21.2M | +69% |
| Q1 2025 | $13.5M | +105% |
| Q4 2024 | $230K | +$9.9M |
| Q3 2024 | $20.8M | +573% |
MITK generated $49M in free cash flow over the past year, down 13% from the year before.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over MITK on cash flow, with more consistent year-over-year improvement.
MITK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +174K shares |
| 1 year | +4% | +1.9M shares |
| 3 years | +4.8% | +2.2M shares |
| 5 years | +7.8% | +3.5M shares |
| Available history | +17% | +7.1M shares |
MITK has 49M diluted shares, up 4% from a year ago, despite $21M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $2M |
| Q1 2026 | $7.8M |
| Q4 2025 | $10M |
| Q3 2025 | $1.5M |
| Q2 2025 | $1,000 |
| Q1 2025 | $1,000 |
| Q4 2024 | $3.3M |
| Q3 2024 | $14.1M |
MITK spent $21M buying back its own shares over the past year, up 22% from the year before.
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has the edge over MITK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
MITK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.0x | Net Cash |
| Q1 2025 | 2.3x | Moderate |
| Q4 2024 | 7.0x | High |
| Q3 2024 | -22.8x | Net Cash |
| Q4 2023 | 35.6x | High |
| Q3 2023 | 4.4x | High |
| Q2 2023 | 2.0x | Healthy |
| Q1 2023 | 2.0x | Moderate |
MITK has the edge over MU on leverage, with a lower net debt burden relative to earnings.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has more cash than debt.
MITK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.0 | Neutral |
| Stochastic | 51.8 | Neutral |
MITK's weekly RSI is 55 (neutral) and its Stochastic is 52 (neutral).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
MITK PE vs Technology Sector
| Metric | MITK | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 28x | 39% above |
| PE % | 14 | 35 | 21 pts below |
MITK is trading at 39x earnings, a 39% premium to the Technology sector's median of 28x.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU has the edge over MITK on valuation relative to its sector.
MITK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.7 | 3.2% above |
| 20 week MA | $18.0 | 1.3% above |
| 50 week MA | $15.3 | 20% above |
| 100 week MA | $12.4 | 47% above |
| 200 week MA | $11.6 | 58% above |
MITK has the edge over MU on trend strength, trading above more of its moving averages.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 225% above its 200-week average.
MITK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $7.63 | $18.8 | +146% |
| 2021 | $18.8 | $16.8 | -11% |
| 2022 | $16.8 | $10.0 | -40% |
| 2023 | $10.0 | $13.0 | +30% |
| 2024 | $13.0 | $11.4 | -13% |
| 2025 | $11.4 | $10.5 | -7.1% |
| 2026 YTD | $10.5 | $18.3 | +73% |
MITK's yearly returns have swung widely, from +146% in 2020 to −40% in 2022. It's up 73% so far in 2026.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over MITK on returns for 2026, with the stronger performance.