MIND Technology Inc (MIND)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-04
$3.70-4.88%
Close 2026-11-04 · 1-day change
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-04
QuarterlyIQ Insights · MIND
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -78.7% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 34.0% |
Growth built into the price is above our model estimate.
The price assumes 112.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name has been missing across recent quarters and is on a run of consecutive earnings misses. A fundamental tilt, not a price call.
Model as of 2026-11-04 · Compared with 24 industry peers
MIND — earnings miss
Dated 2026-09-08
The Company’s press release contains non-GAAP financial measures. Generally, a non-GAAP financial measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with United States generally accepted accounting principles, or GAAP. Pursuant to the requirements of Regulation G, the Company has provided wi…
Why it matters: Cash fell from $19.1 million to $15.8 million. The latest quarter also had a $1.7 million net loss, so cash use matters.
Worry ifCash falls below $15.8 million at the next report, or six-month operating cash use exceeds $3.1 million.
Less concerning ifCash stays at or above $15.8 million and operating cash flow turns positive for the reported period.
Why it matters: Backlog fell from $13.9 million to $4.8 million in two quarters. A rise would show new orders are reaching the books.
Supportive ifAt the next report, Seamap backlog is above $4.8 million, with new system orders adding to the total.
Worry ifBacklog falls below $4.8 million or continues to shrink without new system orders.
Why it matters: After-market sales made up 87% of second-quarter revenue. That base helped offset weak new system orders.
Watch forAfter-market sales stay at or above 87% of revenue. Total revenue rises above $5.6 million.
Also watch forAfter-market sales fall below 50% of revenue. Total revenue stays at or below $5.6 million.
Why it matters: Second-quarter revenue fell to $5.6 million from $9.7 million in the prior quarter. A rebound would ease concern about weak orders.
Watch forThe December 8 report shows revenue above $5.6 million. The operating result is better than the $1.8 million loss.
Also watch forThe report shows revenue at or below $5.6 million, or an operating loss of $1.8 million or more.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$250 on $10,000 · ±2.5% | How much price usually moves either way. |
| Bad day | $741 loss on $10,000 · 7.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,411 loss on $10,000 · 74.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Management named product lines, a larger deal, and share repurchases as uses for cash. A disclosed action would show which path it chose.
Watch forMIND announces a product-line investment, completes a deal, or repurchases shares. The terms are clear.
Also watch forThe December 8 report names no capital action. Cash stays below $15.8 million.