Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
14.17
+0.09 (0.64%)
At close: Mar 25, 2026, 4:00 PM EDT
13.98
-0.19 (-1.36%)
After-hours: Mar 25, 2026, 7:57 PM EDT

Mitek Systems Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Mitek Systems stock has a target of 15, which predicts a 5.86% increase from the current stock price of 14.17.

Price Target: $15 (+5.86%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$15$15$15$15
Change+5.86%+5.86%+5.86%+5.86%
* Price targets were last updated on Feb 13, 2026.

Analyst Ratings

According to 1 stock analyst, the rating for Mitek Systems is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingOct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy333311
Buy000000
Hold111100
Sell000000
Strong Sell000000
Total444411

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Strong Buy
Upgrades
$11$15
Strong BuyUpgrades$11$15+5.86%Feb 13, 2026
Maxim Group
Maxim Group
Strong Buy
Maintains
$13$14
Strong BuyMaintains$13$14-1.20%Feb 11, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$13
Strong BuyReiterates$13-8.26%Feb 11, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$11$13
Strong BuyMaintains$11$13-8.26%Dec 17, 2024
Jefferies
Jefferies
Hold
Downgrades
$17$9.5
HoldDowngrades$17$9.5-32.96%Sep 4, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
196.85M
from 179.69M
Increased by 9.55%
Revenue Next Year
212.73M
from 196.85M
Increased by 8.07%
EPS This Year
1.17
from 0.19
Increased by 515.22%
EPS Next Year
1.24
from 1.17
Increased by 6.24%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingSep 30, 2021Sep 30, 2022Sep 30, 2023Sep 30, 2024Sep 30, 2025Sep 30, 2026Sep 30, 2027
Revenue
119.80M144.80M172.55M172.08M179.69M196.85M212.73M
Revenue Growth
18.25%20.87%19.16%-0.27%4.42%9.55%8.07%
EPS
0.180.080.170.070.191.171.24
EPS Growth
--55.56%112.50%-58.82%171.43%515.22%6.24%
Forward PE
-----12.1211.41
No. Analysts
-----76
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202620272028
High205.7M221.5M
Avg196.9M212.7M
Low188.2M201.9M

Revenue Growth

Revenue Growth202620272028
High
14.5%
12.5%
Avg
9.5%
8.1%
Low
4.7%
2.6%

EPS Forecast

EPS202620272028
High1.411.46
Avg1.171.24
Low1.011.04

EPS Growth

EPS Growth202620272028
High
640.5%
24.9%
Avg
515.2%
6.2%
Low
431.3%
-11.1%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.