MIND Technology, Inc. (MIND) Fair Value 2026

MIND · Scientific & Technical Instruments ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

6.9 /10

32 fundamental signals · 8 models active

Value Trap Risk

WARN (42/100)

Quick Summary — As of 2026-10-07, MIND Technology, Inc. (MIND) trades at $4.57, versus a $6.06 median fair value across its 8 active models — 32.6% above the current price. QOC: 6.9/10. Value Trap Risk: 42/100 (WARN). 8/13 models active. Within that set, the Bayesian DCF component alone returns $2.01.

Key Facts

Ticker
MIND
Price
$4.57
Quality Score
6.9/10
Value Trap Risk
42/100
Models Active
8/13
Last Updated
Strength: First Chicago suggests +287.5% upside with 58% confidence
Risk: Value Trap score of 42 suggests caution despite apparent undervaluation

Is MIND Technology, Inc. (MIND) Undervalued or Overvalued in 2026?

According to CirclFi’s 8-model valuation engine, MIND Technology, Inc. (MIND) appears undervalued as of : the median of 8 independent fair value estimates is $6.06, 32.6% above the current price of $4.57. Estimates range from $1.77 to $17.71. MIND scores 6.9/10 on fundamental quality and 42/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -20.1% versus its own 13-model consensus, across 3,777 rated companies as of 2026-10-07. MIND’s +32.6% gap is wider than that market norm, and the Scientific & Technical Instruments sector median is -46.4%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy MIND Technology, Inc. Stock in 2026? →

What Fair Value Does Each Model Give MIND?

8 Intrinsic Value Models vs. Current Price ($4.57)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $2.01 -56.1%
Ensemble · Low Conviction
 $7.27 +59.1%
Scenario · High Conviction
 $17.71 +287.5%
Asset-Based · High Conviction
 $4.85 +6.1%
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What Is MIND's Fair Value Range?

Spread across 8 independent models · $1.77 to $17.71

CirclFi's 8 active models place MIND Technology, Inc. (MIND) between $1.77 and $17.71 per share, a spread of 263% of the median. The median of that range — $6.06 — is the fair value CirclFi publishes for MIND, against a current price of $4.57.

Low · RCMH-DCFHigh · First Chicago
$1.77median $6.06$17.71
Where the range comes from
Most bearish modelRCMH-DCF$1.77
Most bullish modelFirst Chicago$17.71
Model agreement5 bullish · 2 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for MIND. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on MIND, not a CirclFi price target. How each model works →

What Is MIND Technology, Inc. (MIND) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, MIND Technology, Inc.'s intrinsic value is estimated at $6.06, suggesting a +32.6% median upside from the current price of $4.57. While 5 models see room for appreciation, model agreement is not unanimous as 2 models flag potential overvaluation. Model dispersion is worth noting: First Chicago targets $17.71 (+287.5%), versus RCMH-DCF at $1.77 (-61.3%). This +348.8% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About MIND?

8 of 13 models are currently active for MIND. Of these, 5 models suggest upside while 3 models suggest overvaluation. Taken together, their median fair value for MIND is $6.06 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $2.01 on its own, implying -56.1% downside from the current price. See which stocks rank higher →

How Does MIND Rank in Scientific & Technical Instruments?

Among 41 Scientific & Technical Instruments stocks, MIND ranks #21 by Quality of Company score. CirclFi's QOC score of 6.9/10 evaluates 32 fundamental signals. A score of 6.9 indicates above-average quality.

MIND Technology, Inc. operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.

Is MIND a Value Trap?

CirclFi's Value Trap algorithm assigns MIND a score of 42/100 (WARN). This is a warning signal. Additional research into recent 10-Q filings is recommended. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

8 of 13 models are active for MIND Technology, Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, MIND Technology, Inc. scores 6.9 out of 10 on our 32-signal quality assessment, a solid rating that maintains reasonable quality metrics with some areas for improvement. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +348.8% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every MIND valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across MIND's 8 active models, average confidence is 43%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy MIND Technology, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Scientific & Technical Instruments Stocks Should You Also Analyze?

11 related Scientific & Technical Instruments stocks with 13-model coverage

LGLThe LGL Group, Inc.QOC 7.1LCTCLifeloc Technologies, Inc.QOC 6.7STSensata Technologies Holding plcQOC 7.1ODYSOdysight.ai Inc.QOC 6.6COHRCoherent Corp.QOC 7.5WRAPWrap Technologies, Inc.QOC 6.5SCNDScientific Industries, Inc.QOC 5.4ARBEArbe Robotics Ltd.QOC 2.3ITRIItron, Inc.QOC 8.5ACFNAcorn Energy, Inc.QOC 9.4BMIBadger Meter, Inc.QOC 9.3

Read investment analysis: LGL · LCTC · ST · ODYS · COHR · WRAP · SCND · ARBE · ITRI · ACFN · BMI

Which Other Stocks Have a Similar Quality Score to MIND?

7 companies across all industries closest to MIND’s Quality of Company score of 6.9/10.

CAVACAVA Group, Inc.QOC 6.9CYRXCryoport, Inc.QOC 6.9HOVHovnanian Enterprises, Inc.QOC 6.9PCSVPCS Edventures!, Inc.QOC 6.9WYWeyerhaeuser CompanyQOC 6.9CGAUCenterra Gold Inc.QOC 6.9NVDANVIDIA CorporationQOC 10.0

Read investment analysis: CAVA · CYRX · HOV · PCSV · WY · CGAU · NVDA

What Else Do Investors Ask About MIND Technology, Inc.’s Valuation?

What is MIND Technology, Inc.'s intrinsic value in 2026?

CirclFi puts MIND Technology, Inc. (MIND)'s intrinsic value at $6.06 — the median of 8 independent model estimates as of 2026-10-07, ranging from $1.77 to $17.71. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $2.01 on its own. The Quality of Company score is 6.9/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is MIND overvalued or undervalued right now?

At $4.57, 5 of 8 active models suggest MIND may be undervalued, while 3 indicate potential overvaluation. The median of all 8 fair value estimates is $6.06, 32.6% above the current price of $4.57 — a consensus view that MIND is undervalued. The assessment depends on which methodology best fits MIND Technology, Inc.'s business model in Scientific & Technical Instruments.

What does a Quality of Company score of 6.9 mean for MIND?

MIND Technology, Inc.'s QOC of 6.9/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on MIND?

CirclFi analyzes MIND with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 8 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on MIND?

Of the 8 models currently active on MIND, First Chicago is the most bullish at $17.71 per share, and RCMH-DCF is the most bearish at $1.77. CirclFi's published fair value for MIND is the median of that range, $6.06, not either extreme. The gap between the two ends equals 263% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is MIND a value trap in 2026?

MIND Technology, Inc.'s Value Trap score is 42/100 (WARN). This elevated score suggests the stock may look undervalued but faces deteriorating fundamentals — declining margins, rising debt, or shrinking revenue could make the apparent discount deceptive. Browse our ranked stock lists to compare value-trap scores across industries.

Cite this analysis — “According to CirclFi’s 8-model valuation engine, MIND Technology, Inc. (MIND) has a median fair value of $6.06 — 32.6% above the current price of $4.57 — as of 2026-10-07.” Source: circlfi.com/stock/MIND/ · Methodology
Primary sources for this MIND valuation
  • Financial statements: MIND Technology, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000926423) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for MIND as of ; valuations recomputed .

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