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Upturn AI SWOT - About
MIND 
Mind Technology Inc (MIND)
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Upturn Advisory Summary
10/24/2025: MIND (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $10
1 Year Target Price $10
| 1 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -31.5% | Avg. Invested days 32 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 83.04M USD | Price to earnings Ratio 2.3 | 1Y Target Price 10 |
Price to earnings Ratio 2.3 | 1Y Target Price 10 | ||
Volume (30-day avg) 1 | Beta 0.56 | 52 Weeks Range 3.52 - 11.53 | Updated Date 10/26/2025 |
52 Weeks Range 3.52 - 11.53 | Updated Date 10/26/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 4.54 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 8.81% | Operating Margin (TTM) 19.65% |
Management Effectiveness
Return on Assets (TTM) 11.31% | Return on Equity (TTM) 16.05% |
Valuation
Trailing PE 2.3 | Forward PE - | Enterprise Value 58119169 | Price to Sales(TTM) 1.71 |
Enterprise Value 58119169 | Price to Sales(TTM) 1.71 | ||
Enterprise Value to Revenue 1.2 | Enterprise Value to EBITDA 7.7 | Shares Outstanding 7969421 | Shares Floating 7801187 |
Shares Outstanding 7969421 | Shares Floating 7801187 | ||
Percent Insiders 2.11 | Percent Institutions 18.52 |
Upturn AI SWOT
Mind Technology Inc
Company Overview
History and Background
Mind Technology, Inc. (formerly Mitcham Industries) was founded in 1987. Initially focused on leasing seismic equipment, the company has evolved to provide technology to the oceanographic, hydrographic, defense, surveillance, and security industries. Significant milestones include strategic acquisitions and diversification into new markets.
Core Business Areas
- Defense Solutions: Designs, develops, manufactures, and sells specialized underwater sonar and acoustic systems, as well as related software and services for defense applications.
- Technology Solutions: Develops and markets specialized underwater sensors and measurement systems.
Leadership and Structure
The leadership team consists of the CEO, CFO, and various VPs overseeing different departments. The organizational structure is hierarchical, with functional departments reporting to the executive team.
Top Products and Market Share
Key Offerings
- Sea Serpent: Sea Serpent is a low-frequency active sonar system. Market share data is unavailable. Competitors include Teledyne Technologies (TDY), L3Harris Technologies (LHX) in sonar technology.
- MA-X: MA-X is an autonomous underwater vehicle (AUV) tracking, navigation, and communications system. Market share data is unavailable. Competitors include Kongsberg Maritime and Hydroid, Inc. in AUV technology.
Market Dynamics
Industry Overview
The oceanographic, hydrographic, defense, surveillance, and security industries are experiencing growth due to increasing demand for underwater technology and national security concerns.
Positioning
Mind Technology, Inc. is a niche player focusing on specialized underwater solutions. Its competitive advantages lie in its proprietary technology and expertise in specific applications.
Total Addressable Market (TAM)
TAM for sonar and underwater technology is estimated to be in the billions of dollars annually. Mind Technology, Inc. is positioned to capture a portion of this market with its specialized offerings.
Upturn SWOT Analysis
Strengths
- Specialized underwater technology
- Strong R&D capabilities
- Established relationships with defense contractors
- Proprietary sonar technology
Weaknesses
- Limited financial resources compared to larger competitors
- Concentrated customer base
- Reliance on government contracts
- Small market capitalization
Opportunities
- Growing demand for underwater surveillance and security solutions
- Expansion into new geographic markets
- Development of new technologies
- Increased government spending on defense
Threats
- Competition from larger, more established companies
- Technological obsolescence
- Changes in government regulations
- Economic downturns
Competitors and Market Share
Key Competitors
- TDY
- LHX
- Kongsberg Maritime
- Hydroid, Inc.
Competitive Landscape
Mind Technology, Inc. competes with larger companies with more resources. It focuses on niche markets and specialized technologies to maintain its position.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been moderate, with fluctuations based on contract awards and market conditions.
Future Projections: Future growth is projected to be driven by increased demand for underwater technology and expansion into new markets. Analyst estimate data is not available.
Recent Initiatives: Recent initiatives include focusing on defense contracts and developing new sonar systems.
Summary
Mind Technology, Inc. is a small company specializing in underwater technology. Its strengths lie in its niche products and R&D. Its weaknesses include limited resources and reliance on government contracts. The company needs to capitalize on growth opportunities in the underwater security and surveillance market while mitigating threats from larger competitors and technological obsolescence.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company website
- Market research reports
- Financial news articles
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Market share data and financial metrics are estimates and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Mind Technology Inc
Exchange NASDAQ | Headquaters The Woodlands, TX, United States | ||
IPO Launch date 1994-12-19 | President, CEO & Director Mr. Robert P. Capps CPA | ||
Sector Technology | Industry Scientific & Technical Instruments | Full time employees 146 | Website https://mind-technology.com |
Full time employees 146 | Website https://mind-technology.com | ||
MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries in the United States, China, Norway, Turkey, Singapore, Canada, and internationally. The company's primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; and SeaLink towed seismic streamer system. It also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.
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