Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
18.08
+0.39 (2.20%)
At close: Sep 24, 2026, 4:00 PM EDT
18.13
+0.05 (0.28%)
After-hours: Sep 24, 2026, 7:47 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 $22.63. The average 1-year stock price forecast is 25.17% higher than the current stock price, while the lowest is $18 (-0.44%) and the highest is $26 (+43.81%).
Price Target: $22.63 (+25.17%)
Analyst Consensus: Strong Buy
Price Target
Chart* Price targets were last updated on Aug 7, 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 | Feb '26 | Apr '26 | May '26 | Jun '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Buy Reiterates $19 → $24 | Buy | Reiterates | $19 → $24 | +32.74% | Aug 7, 2026 |
| Northland Securities | Northland Securities | Buy Maintains $17 → $23 | Buy | Maintains | $17 → $23 | +24.45% | Aug 7, 2026 |
| Maxim Group | Maxim Group | Buy Reiterates $20 → $26 | Buy | Reiterates | $20 → $26 | +43.81% | Aug 7, 2026 |
| William Blair | William Blair | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Aug 7, 2026 |
Financial Forecast
Revenue This Year
197.58M
from 179.69M
Increased by 9.96%
Revenue Next Year
213.74M
from 197.58M
Increased by 8.18%
EPS This Year
1.15
from 0.95
Increased by 20.63%
EPS Next Year
1.19
from 1.15
Increased by 4.01%
EPS and Forward PE are based on non-GAAP adjusted numbers.