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MIND Overview

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$
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ET
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ET
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Intellectia

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High
5.280
Open
5.060
VWAP
5.20
Vol
93.85K
Mkt Cap
47.90M
Low
5.040
Amount
487.71K
EV/EBITDA(TTM)
5.75
Total Shares
9.09M
EV
26.58M
EV/OCF(TTM)
--
P/S(TTM)
1.00
Mind Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries. The Company offers marine technology products to marine survey, marine exploration, and maritime defense markets. The Company operates through one segment: Seamap Marine Products business, which is engaged in the design, manufacture and sale of specialized marine seismic equipment. Seamap’s primary products include the GunLink seismic source acquisition and control systems, which are designed to provide operators of marine seismic surveys more precise monitoring and control of energy sources; the BuoyLink relative global navigation satellite system (RGNSS) positioning system, which is used to provide precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources and the SeaLink towed seismic streamer system. Applications for these technologies include marine seismic surveys related to energy exploration and alternative energy projects.
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Events Timeline

(ET)
2026-06-10
16:20:00
Q1 Revenue Reports at $9.7M
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2026-04-15 (ET)
2026-04-15
18:50:00
S&P 500 and Nasdaq Hit Record Highs, Morgan Stanley Q1 Beats Expectations
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2026-04-15
16:20:00
MIND Reports Q4 Revenue of $9.8M
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2026-03-17 (ET)
2026-03-17
08:10:00
MIND Technology Enters Trade Finance Facility with HSBC
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2025-12-09 (ET)
2025-12-09
16:20:00
MIND Reports Q3 Revenue of $9.7M, Down 20% YoY
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2025-12-02 (ET)
2025-12-02
16:20:00
MIND Technology's Seamap Unit Secures Over $9.5M in Orders
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2025-09-09 (ET)
2025-09-09
16:24:18
Mind Technology announces Q2 EPS of 24 cents compared to a loss of 11 cents last year.
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2025-09-05 (ET)
2025-09-05
05:23:45
Mind Technology Launches $4 Million Stock Buyback Initiative
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2025-09-02 (ET)
2025-09-02
16:17:24
Mind Technology unveils ATM initiative and stock buyback program
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2025-06-17 (ET)
2025-06-17
07:01:59
Mind Technology unit enters collaboration agreement with GWL Overseas
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News

PRnewswire
1.0
06-18PRnewswire
MIND Technology to Participate in Investment Conference
  • Investment Conference Participation: MIND Technology will participate in the iAccess Alpha Virtual Best Ideas Summer Investment Conference from June 23-24, 2026, where CEO Rob Capps will present at 12:00 PM EDT on June 23, showcasing the company's latest developments and strategies.
  • Live Webcast Access: The conference will feature a live webcast accessible via the company's website, enhancing interaction between the company and potential investors, thereby increasing market visibility and interest.
  • One-on-One Investor Meetings: On the second day of the conference, MIND Technology will hold one-on-one meetings with investors, aiming to discuss the company's business outlook and investment opportunities in depth, which could attract more investor attention.
  • Global Business Presence: MIND Technology operates globally with key locations in the United States, Singapore, Malaysia, and the United Kingdom, focusing on providing technology for oceanographic, defense, and security industries, highlighting its strategic importance in multiple key markets.
seekingalpha
9.5
06-11seekingalpha
MIND Technology Q1 2027 Earnings Call Insights
  • Performance Meets Expectations: MIND Technology's Q1 2027 adjusted EBITDA was approximately $800,000, reflecting resilience amid an uncertain market where customer reluctance to commit to larger system orders led to a backlog decline from $13.9 million to $7.6 million, indicating the company's adaptability in challenging economic and political conditions.
  • Revenue and Profitability: Marine technology product sales totaled about $9.7 million with a gross profit of approximately $4.1 million, yielding a gross margin of 42%; despite a net loss of around $411,000, the company maintains a healthy debt-free balance sheet with significant working capital of $37.8 million and cash reserves of $17.7 million.
  • Cautious Future Outlook: Management anticipates that fiscal 2027 results will be lower than those of fiscal 2026, primarily due to customer hesitance regarding large system orders and market uncertainty, although they expect to achieve positive cash flow for the year, supported by a growing aftermarket business that will provide a stable stream of recurring revenue.
  • Strategic Development Direction: Management indicated an active pursuit of acquisition opportunities for assets or businesses similar to their existing operations to enhance shareholder value, emphasizing that they will not jeopardize the significant progress made at MIND in chasing unsuitable opportunities.
seekingalpha
9.5
06-11seekingalpha
Major Earnings Reports Expected After Bell on Wednesday
  • Earnings Release Companies: After the market closes on Wednesday, major companies including Oracle Corporation (ORCL), Stitch Fix (SFIX), MIND Technology (MIND), Aethlon Medical (AEMD), and Navan (NAVN) are set to report earnings, with market anticipation potentially influencing their stock prices in the short term.
  • Market Focus: Investors will closely monitor these earnings reports, particularly Oracle's cloud computing performance, which could significantly impact its stock price and reflect market confidence in tech stocks.
  • Other Earnings Announcements: In addition to the major players, GLBS and OXM are also scheduled to release their earnings after Wednesday's close, with market analysts keen to assess these reports for insights into overall industry trends and financial health.
  • Earnings Season Schedule: This earnings release is a crucial part of the earnings season, and investors can access the full earnings calendar through Seeking Alpha to better seize investment opportunities.
seekingalpha
9.5
06-11seekingalpha
MIND Technology Reports Q1 Earnings Beat with Revenue Growth
  • Earnings Highlights: MIND Technology reported a non-GAAP EPS of -$0.05 for Q1, with revenue reaching $9.7 million, reflecting a 22.8% year-over-year growth that exceeded market expectations by $0.25 million, indicating strong momentum in revenue generation.
  • Project Pursuit: The company is actively pursuing projects exceeding $10 million, a strategic move aimed at enhancing future revenue potential, although it anticipates a decline in overall performance for fiscal 2027.
  • Market Performance: In the latest quant snapshot, MIND Technology lagged behind top-rated names like United Natural Foods and Designer Brands, reflecting market caution regarding its future growth prospects.
  • Analyst Ratings: Seeking Alpha's quant rating on MIND Technology reveals a divergence in market sentiment regarding its future performance, highlighting the need for careful monitoring despite the current positive earnings report.
PRnewswire
9.5
06-10PRnewswire
MIND Technology Reports Q1 Fiscal 2027 Financial Results
  • Revenue Performance: For Q1 of fiscal 2027, MIND reported revenues of approximately $9.7 million, a slight decrease from $9.8 million in Q4 of fiscal 2026, yet a 23% increase from $7.9 million in Q1 of fiscal 2026, indicating stability in the market.
  • Operating Income Changes: The operating income for Q1 was $14,000, down from $78,000 in the previous quarter, but an improvement from a loss of $658,000 in the same quarter last year, highlighting challenges in profitability despite some progress.
  • Net Loss Situation: The net loss for Q1 was $411,000, or $0.05 per share, which is an increase from a loss of $271,000 in the previous quarter, reflecting pressures on the company amid macroeconomic uncertainties.
  • Order Backlog: As of April 30, 2026, the backlog for marine technology product orders was approximately $7.6 million, significantly down from $13.9 million on January 31, 2026, indicating volatility in market demand and challenges faced by the company.
seekingalpha
9.5
06-09seekingalpha
MIND Technology Set to Release Q1 Earnings
  • Earnings Announcement: MIND Technology is set to announce its Q1 2023 earnings on June 10th after market close, with a consensus EPS estimate of $0.00, reflecting a 100% year-over-year increase.
  • Revenue Expectations: Analysts project MIND's revenue to reach $9.45 million, representing a 19.6% year-over-year growth, indicating a positive trend in revenue despite potential challenges in overall performance.
  • Project Pursuit: MIND is actively seeking projects exceeding $10 million, a strategic move aimed at driving future revenue growth and enhancing market competitiveness, even as fiscal 2027 results are expected to decline.
  • Market Performance: Despite facing challenges, Seeking Alpha's Quant Rating indicates that MIND Technology remains noteworthy in the industry, particularly when compared to top-rated companies like United Natural Foods and Designer Brands.

Valuation Metrics

The current forward P/E ratio for Mind Technology Inc (MIND.O) is 105.26, compared to its 5-year average forward P/E of 9.74. For a more detailed relative valuation and DCF analysis to assess Mind Technology Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
9.74
Current PE
105.26
Overvalued PE
44.03
Undervalued PE
-24.54

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
10.02
Current EV/EBITDA
31.80
Overvalued EV/EBITDA
29.78
Undervalued EV/EBITDA
-9.74

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.65
Current PS
0.94
Overvalued PS
1.21
Undervalued PS
0.10

Financials

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Frequently Asked Questions

What is Mind Technology Inc (MIND) stock price today?

The current price of MIND is 5.27 USD — it has increased 4.98

What is Mind Technology Inc (MIND)'s business?

Mind Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries. The Company offers marine technology products to marine survey, marine exploration, and maritime defense markets. The Company operates through one segment: Seamap Marine Products business, which is engaged in the design, manufacture and sale of specialized marine seismic equipment. Seamap’s primary products include the GunLink seismic source acquisition and control systems, which are designed to provide operators of marine seismic surveys more precise monitoring and control of energy sources; the BuoyLink relative global navigation satellite system (RGNSS) positioning system, which is used to provide precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources and the SeaLink towed seismic streamer system. Applications for these technologies include marine seismic surveys related to energy exploration and alternative energy projects.

What is the price predicton of MIND Stock?

Wall Street analysts forecast MIND stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MIND is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Mind Technology Inc (MIND)'s revenue for the last quarter?

Mind Technology Inc revenue for the last quarter amounts to 9.67M USD, increased 22.40

What is Mind Technology Inc (MIND)'s earnings per share (EPS) for the last quarter?

Mind Technology Inc. EPS for the last quarter amounts to -0.05 USD, decreased -58.33

How many employees does Mind Technology Inc (MIND). have?

Mind Technology Inc (MIND) has 157 emplpoyees as of June 19 2026.

What is Mind Technology Inc (MIND) market cap?

Today MIND has the market capitalization of 47.90M USD.