Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
7.78
-0.04 (-0.51%)
Apr 16, 2025, 10:27 AM EDT - Market open
Mitek Systems Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Mitek Systems stock have an average target of 12.88, with a low estimate of 9.50 and a high estimate of 15. The average target predicts an increase of 65.55% from the current stock price of 7.78.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 11, 2025.
Analyst Ratings
The average analyst rating for Mitek Systems stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Strong Buy Maintains $13 → $14 | Strong Buy | Maintains | $13 → $14 | +79.95% | Feb 11, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $13 | Strong Buy | Reiterates | $13 | +67.10% | Feb 11, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $11 → $13 | Strong Buy | Maintains | $11 → $13 | +67.10% | Dec 17, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $17 → $9.5 | Strong Buy → Hold | Downgrades | $17 → $9.5 | +22.11% | Sep 4, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $19 → $11 | Strong Buy | Maintains | $19 → $11 | +41.39% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
179.02M
from 172.08M
Increased by 4.03%
Revenue Next Year
195.08M
from 179.02M
Increased by 8.97%
EPS This Year
0.91
from 0.07
Increased by 1,194.42%
EPS Next Year
1.12
from 0.91
Increased by 23.27%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 186.5M | 207.9M | 228.6M |
| Avg | 179.0M | 195.1M | 222.1M |
| Low | 171.4M | 179.5M | 213.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 8.4% | 16.1% | 17.2% |
| Avg | 4.0% | 9.0% | 13.8% |
| Low | -0.4% | 0.3% | 9.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.07 | 1.39 | 1.44 |
| Avg | 0.91 | 1.12 | 1.40 |
| Low | 0.81 | 0.92 | 1.34 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1,430.0% | 53.0% | 28.8% |
| Avg | 1,194.4% | 23.3% | 25.1% |
| Low | 1,062.0% | 1.7% | 20.2% |
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.