$5.55+0.05 (+0.91%)
MIND Technology, Inc., together with its subsidiaries, designs, manufactures, and sells products for the oceanographic, hydrographic, and marine seismic industries in the United States, China, Norway, Turkey, Singapore, Japan, and internationally.
MIND Technology, Inc. in the Technology sector is trading at $5.55 with a market capitalization of $43M. Wall Street consensus targets $10.00 (1 analysts), implying a +80.2% move over the next 12 months. The stock is currently near its 52-week low of $4.66, remaining 32.2% below its 200-day moving average. On fundamentals, Piotroski 7/9 indicates strong financial quality. The Whystock Score of 80/100 reflects bullish alignment across trend, valuation and analyst targets.
| Metric (USD) | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total Revenue | $9.67Mβ | $9.80Mβ | $9.69Mβ | $13.56Mβ | $7.90M |
| Gross Profit | $4.10Mβ | $3.99Mβ | $4.51Mβ | $6.83Mβ | $3.33M |
| Operating Income | $14,000β | $78,000β | $774,000β | $2.66Mβ | -$658,000 |
| Net Income | -$411,000β | -$271,000β | $62,000β | $1.93Mβ | -$970,000 |
MIND Technology, Inc., together with its subsidiaries, designs, manufactures, and sells products for the oceanographic, hydrographic, and marine seismic industries in the United States, China, Norway, Turkey, Singapore, Japan, and internationally. Th...
MIND faces delayed customer spending and a weaker backlog, but its high-margin aftermarket business, debt-free balance sheet and strong liquidity support long-term growth potential.
MIND Technology incurs a narrower year-over-year loss per share in Q1 2027 and posts 22% revenue growth on the back of strong aftermarket demand despite a decline in the backlog.
MIND Technology Inc (MIND) reports improved EBITDA and maintains a strong cash position, despite a decrease in backlog and market uncertainties.
MIND's downgrade reflects declining backlog and customer concentration risks, even as recurring revenue growth and a strong balance sheet provide some support to the near-term outlook.
MIND incurs Q4 net loss per share and is pressured by delayed orders, while steady aftermarket demand provides some support despite weak financial performance.