Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
16.57
+0.12 (0.73%)
At close: Jun 15, 2026, 4:00 PM EDT
16.74
+0.17 (1.03%)
After-hours: Jun 15, 2026, 7:33 PM EDT
Mitek Systems Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, Mitek Systems stock has a consensus rating of "Strong Buy" and an average price target of $18.5. The average 1-year stock price forecast is 11.65% higher than the current stock price, while the lowest is $17 (+2.60%) and the highest is $20 (+20.70%).
Price Target: $18.5 (+11.65%)
Analyst Consensus: Strong Buy
* Price targets were last updated on May 9, 2026.
Analyst Ratings
The average analyst rating for Mitek Systems stock 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 | Dec '25 | Jan '26 | Feb '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 3 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| William Blair | William Blair | Buy Maintains n/a | Buy | Maintains | n/a | n/a | May 17, 2026 |
| Maxim Group | Maxim Group | Buy Maintains $20 | Buy | Maintains | $20 | +20.70% | May 9, 2026 |
| Northland Securities | Northland Securities | Buy Maintains $17 | Buy | Maintains | $17 | +2.60% | May 8, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Reiterates $19 | Buy | Reiterates | $19 | +14.67% | May 8, 2026 |
| Jefferies | Jefferies | Buy Upgrades $11 → $15 | Buy | Upgrades | $11 → $15 | -9.47% | Feb 13, 2026 |
Financial Forecast
Revenue This Year
194.47M
from 179.69M
Increased by 8.23%
Revenue Next Year
210.74M
from 194.47M
Increased by 8.36%
EPS This Year
1.11
from 0.95
Increased by 17.26%
EPS Next Year
1.21
from 1.11
Increased by 8.98%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 197.0M | ||
| Avg | 194.5M | ||
| Low | 193.5M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 9.6% | ||
| Avg | 8.2% | ||
| Low | 7.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 1.11 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 17.3% | ||
| Low | - |