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MIND Overview

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Intellectia

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High
6.459
Open
6.250
VWAP
6.23
Vol
653.98K
Mkt Cap
57.44M
Low
5.910
Amount
4.07M
EV/EBITDA(TTM)
5.73
Total Shares
9.09M
EV
37.19M
EV/OCF(TTM)
6.35
P/S(TTM)
1.08
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)
2026-04-15
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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2025-06-10 (ET)
2025-06-10
16:18:10
Mind Technology reports Q1 EPS (12c) vs. 1c last year
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News

seekingalpha
9.5
04-16seekingalpha
MIND Technology Q4 Fiscal 2026 Earnings Call Insights
  • Revenue and Profitability: MIND Technology reported approximately $9.8 million in revenue for Q4 2026 and about $40.9 million for the full year, achieving a net income of around $750,000 despite delays in order deliveries to fiscal 2027, indicating some level of profitability.
  • Order Backlog and Receipts: As of January 31, 2026, the company's backlog stood at approximately $13.9 million, a significant increase from $7.2 million in October 2025, with about $9.5 million in long-awaited orders received during Q4, expected to be delivered in fiscal 2027.
  • Market Outlook and Risks: Management expressed a cautious outlook for fiscal 2027, anticipating results to be down compared to fiscal 2026, while still emphasizing the expectation of positive cash flow, as customers have deferred new order commitments due to commodity price volatility, reflecting market uncertainty.
  • Capital Strategy and Financing Capacity: The company is pursuing larger market opportunities and has entered into a trade finance facility with HSBC, planning to enhance its capabilities through acquisitions of technology or product lines, targeting projects exceeding $10 million, demonstrating its intent to actively participate in industry consolidation.
seekingalpha
9.5
04-16seekingalpha
MIND Technology Shares Plunge 24% After Weak Q4 2026 Results
  • Deteriorating Financial Performance: MIND Technology reported a GAAP loss of $0.03 per share for Q4 2026, a stark reversal from profitability last year, with revenue of $9.8 million down 34.7% year-over-year and missing expectations by $4.85 million, indicating severe financial challenges for the company.
  • Significant Profitability Decline: Operating income plummeted to just $78,000 compared to $2.8 million in the prior-year quarter, while adjusted EBITDA fell from $3 million to $1.1 million, reflecting a substantial deterioration in profitability that could undermine future investor confidence.
  • Customer Order Delays: Management attributed the weak performance primarily to delays in customer orders for larger systems, citing ongoing macroeconomic uncertainty and geopolitical tensions, which have led to a broader slowdown in order activity and raised concerns about near-term demand visibility.
  • Bleak Outlook: The company warned that fiscal 2027 results are expected to decline compared to 2026; although backlog improved sequentially to $13.9 million, it remains below year-ago levels, underscoring an uneven recovery in demand and further dampening investor sentiment.
seekingalpha
9.5
04-15seekingalpha
MIND Technology Q4 Financial Results Analysis
  • Disappointing Financial Results: MIND Technology reported a Q4 GAAP EPS of -$0.03 with revenues of $9.8 million, reflecting a 34.7% year-over-year decline and missing expectations by $4.85 million, indicating significant competitive pressures in the market.
  • Decline in Adjusted EBITDA: The adjusted EBITDA for Q4 was approximately $1.1 million, down from $1.3 million in Q3 and $3.0 million in Q4 of the previous year, highlighting a continued deterioration in profitability that may affect future investor confidence.
  • Order Backlog Fluctuations: As of January 31, 2026, the backlog of Marine Technology Product orders was approximately $13.9 million, a significant increase from $7.2 million on October 31, 2025, but a decrease from $16.2 million on January 31, 2025, indicating market demand volatility.
  • Financial Transparency: The company provided detailed explanations of the adjusted EBITDA calculations and reconciled them with GAAP financial metrics, enhancing the transparency of its financial reporting and aiding investors in understanding the company's financial health.
PRnewswire
9.5
04-15PRnewswire
MIND Technology Reports Q4 Fiscal 2026 Financial Results
  • Revenue Fluctuation: Q4 fiscal 2026 revenues were approximately $9.8 million, a slight increase from $9.7 million in Q3 2026 but a 34% decrease from $15.0 million in Q4 2025, indicating weakened market demand.
  • Operating Income Decline: The operating income for Q4 was about $78,000, a dramatic 90% drop from $774,000 in Q3 2026 and also lower than $2.8 million in Q4 2025, reflecting challenges in cost control and profitability.
  • Net Loss Situation: The net loss for Q4 was approximately $271,000, translating to a loss of $0.03 per share, contrasting with a net income of $62,000 in Q3 and $2.0 million in Q4 2025, highlighting a significant deterioration in profitability.
  • Backlog Growth: As of January 31, 2026, the backlog of Marine Technology product orders was approximately $13.9 million, a 93% increase from $7.2 million on October 31, 2025, although down from $16.2 million on January 31, 2025, indicating ongoing demand for specific products.
moomoo
6.0
04-15moomoo
MIND TECHNOLOGY INC: TEMPORARY ORDER SLOWDOWN ATTRIBUTED TO ECONOMIC UNCERTAINTY AND GEOPOLITICAL INSTABILITY.
  • Economic Uncertainty: The current economic climate is marked by uncertainty, impacting various sectors, including technology.

  • Geopolitical Turmoil: Ongoing geopolitical issues are contributing to instability, affecting market confidence and investment decisions.

moomoo
7.0
04-15moomoo
MIND TECHNOLOGY INC: ANTICIPATING A DECLINE IN FISCAL 2027 RESULTS COMPARED TO FISCAL 2026
  • Fiscal Projections: The results for Fiscal 2027 are expected to be lower compared to Fiscal 2026.
  • Economic Outlook: Anticipated outcomes suggest a downward trend in financial performance for the upcoming fiscal year.

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 6.10. 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
6.10
Current PE
105.26
Overvalued PE
35.56
Undervalued PE
-23.37

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
11.41
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
34.95
Undervalued EV/EBITDA
-12.13

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
N/A
5Y Average PS
0.65
Current PS
0.00
Overvalued PS
1.19
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 6.32 USD — it has increased 1.53

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 9.69M USD, decreased -19.97

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 0.01 USD, decreased -99.65

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

Mind Technology Inc (MIND) has 146 emplpoyees as of April 20 2026.

What is Mind Technology Inc (MIND) market cap?

Today MIND has the market capitalization of 57.44M USD.