Mitek Systems (MITK) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

MITK Stock Forecast


Mitek Systems (MITK) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $13.00, with a high of $13.00 and a low of $13.00. This represents a 29.87% increase from the last price of $10.01.

$8 $9 $10 $11 $12 $13 $14 $15 High: $13 Avg: $13 Low: $13 Last Closed Price: $10.01

MITK Stock Rating


Mitek Systems stock's rating consensus is Buy, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 9 Buy (69.23%), 4 Hold (30.77%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 13 0 4 9 Strong Sell Sell Hold Buy Strong Buy

MITK Price Target Upside V Benchmarks


TypeNameUpside
StockMitek Systems29.87%
SectorTechnology Stocks 8.29%

Price Target Trends


1M3M12M
# Anlaysts--4
Avg Price Target--$12.63
Last Closing Price$10.01$10.01$10.01
Upside/Downside--26.17%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 25231--6
May, 25231--6
Apr, 25231--6
Mar, 25231--6
Feb, 25231--6
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 17, 2024Scott BuckH.C. Wainwright$13.00$9.1442.23%29.87%
Sep 04, 2024Surinder ThindJefferies$9.50$9.213.15%-5.09%
Aug 12, 2024Allen KleeMaxim Group$13.00$8.4154.58%29.87%
Aug 09, 2024George SuttonCraig-Hallum$15.00$8.4178.36%49.85%
Jul 29, 2022H.C. Wainwright$19.00$9.02110.64%89.81%
Apr 29, 2022H.C. Wainwright$22.00$13.0069.23%119.78%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Dec 17, 2024H.C. WainwrightBuyBuyhold
Sep 04, 2024JefferiesHolddowngrade
Aug 09, 2024Craig-HallumBuyBuyhold
May 14, 2024Craig-HallumUnderperformUnderperformhold
Apr 16, 2024Craig-HallumBuyBuyhold

Financial Forecast


EPS Forecast

Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26
Reported$0.19$0.18$0.08$0.18$0.07--
Avg Forecast$0.55$0.73$0.40$0.92$0.80$0.88$1.14
High Forecast$0.57$0.76$0.47$0.98$0.82$0.95$1.18
Low Forecast$0.53$0.71$0.32$0.87$0.78$0.83$1.11
Surprise %-65.45%-75.34%-80.00%-80.43%-91.25%--

Revenue Forecast

$50M $90M $130M $170M $210M $250M Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26
Reported$101.31M$119.80M$143.94M$172.55M$172.08M--
Avg Forecast$97.55M$119.80M$110.75M$170.66M$170.14M$176.12M$195.73M
High Forecast$100.15M$123.00M$132.90M$171.44M$170.50M$176.46M$200.87M
Low Forecast$95.16M$116.86M$88.60M$170.27M$169.80M$175.95M$190.60M
Surprise %3.86%-0.00%29.97%1.11%1.14%--

Net Income Forecast

$-5M $8M $21M $34M $47M $60M Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26
Reported$7.81M$7.98M$3.69M$8.03M$3.28M--
Avg Forecast$6.94M$5.79M$6.94M$-2.49M$37.90M$42.17M$54.51M
High Forecast$8.33M$6.95M$8.33M$-1.99M$38.84M$45.05M$56.12M
Low Forecast$5.55M$4.64M$5.55M$-2.99M$36.95M$39.30M$52.91M
Surprise %12.55%37.70%-46.78%-422.11%-91.35%--

MITK Forecast FAQ


Is Mitek Systems stock a buy?

Mitek Systems stock has a consensus rating of Buy, based on 13 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 9 Buy, 4 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Mitek Systems is a favorable investment for most analysts.

What is Mitek Systems's price target?

Mitek Systems's price target, set by 13 Wall Street analysts, averages $13 over the next 12 months. The price target range spans from $13 at the low end to $13 at the high end, suggesting a potential 29.87% change from the previous closing price of $10.01.

How does Mitek Systems stock forecast compare to its benchmarks?

Mitek Systems's stock forecast shows a 29.87% upside, outperforming the average forecast for the technology stocks sector (8.29%).

What is the breakdown of analyst ratings for Mitek Systems over the past three months?

  • June 2025: 33.33% Strong Buy, 50.00% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 33.33% Strong Buy, 50.00% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 33.33% Strong Buy, 50.00% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.

What is Mitek Systems’s EPS forecast?

Mitek Systems's average annual EPS forecast for its fiscal year ending in September 2025 is $0.88, marking a 1157.14% increase from the reported $0.07 in 2024. Estimates for the following years are.

What is Mitek Systems’s revenue forecast?

Mitek Systems's average annual revenue forecast for its fiscal year ending in September 2025 is $176.12M, reflecting a 2.35% increase from the reported $172.08M in 2024. The forecast for.

What is Mitek Systems’s net income forecast?

Mitek Systems's net income forecast for the fiscal year ending in September 2025 stands at $42.17M, representing an 1186.51% increase from the reported $3.28M in 2024. Projections indicate .