Mitek Systems, Inc. (MITK)

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 -1.25% decrease from the current stock price of 15.19.

Price Target: $15 (-1.25%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$15	$15	$15	$15
Change	-1.25%	-1.25%	-1.25%	-1.25%

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

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	3	3	3	3	3	1
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Surinder Thind Jefferies	Jefferies	Hold → Strong Buy Upgrades $11 → $15	Hold → Strong Buy	Upgrades	$11 → $15	-1.25%	Feb 13, 2026
Allen Klee Maxim Group	Maxim Group	Strong Buy Maintains $13 → $14	Strong Buy	Maintains	$13 → $14	-7.83%	Feb 11, 2025
Scott Buck HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $13	Strong Buy	Reiterates	$13	-14.42%	Feb 11, 2025
Scott Buck HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $11 → $13	Strong Buy	Maintains	$11 → $13	-14.42%	Dec 17, 2024
Surinder Thind Jefferies	Jefferies	Strong Buy → Hold Downgrades $17 → $9.5	Strong Buy → Hold	Downgrades	$17 → $9.5	-37.46%	Sep 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

196.85M

Increased by 9.55%

from 179.69M

Revenue Next Year

210.92M

Increased by 7.15%

from 196.85M

EPS This Year

1.04

Increased by 446.51%

from 0.19

EPS Next Year

1.12

Increased by 8.06%

from 1.04

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	119.80M	144.80M	172.55M	172.08M	179.69M	196.85M	210.92M
Revenue Growth	18.25%	20.87%	19.16%	-0.27%	4.42%	9.55%	7.15%
EPS	0.18	0.08	0.17	0.07	0.19	1.04	1.12
EPS Growth	-	-55.56%	112.50%	-58.82%	171.43%	446.51%	8.06%
Forward PE	-	-	-	-	-	14.63	13.54
No. Analysts	-	-	-	-	-	7	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	205.7M	221.5M
Avg	196.9M	210.9M
Low	188.2M	199.3M

Revenue Growth

Revenue Growth	2026	2027	2028
High	14.5%	12.5%
Avg	9.5%	7.1%
Low	4.7%	1.3%

EPS Forecast

EPS	2026	2027	2028
High	1.14	1.23
Avg	1.04	1.12
Low	0.92	1.00

EPS Growth

EPS Growth	2026	2027	2028
High	502.4%	18.3%
Avg	446.5%	8.1%
Low	384.8%	-3.7%

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.