Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
16.07
+0.04 (0.25%)
May 26, 2026, 11:40 AM EDT - Market open
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 15.12% higher than the current stock price, while the lowest is $17 (+5.79%) and the highest is $20 (+24.46%).
Price Target: $18.5 (+15.12%)
Analyst Consensus: Strong Buy
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 | Oct '25 | Dec '25 | Jan '26 | Feb '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 3 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 4 | 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 | +24.46% | May 9, 2026 |
| Northland Securities | Northland Securities | Buy Maintains $17 | Buy | Maintains | $17 | +5.79% | May 8, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Reiterates $19 | Buy | Reiterates | $19 | +18.23% | May 8, 2026 |
| Jefferies | Jefferies | Buy Upgrades $11 → $15 | Buy | Upgrades | $11 → $15 | -6.66% | Feb 13, 2026 |
Financial Forecast
Revenue This Year
197.90M
from 179.69M
Increased by 10.13%
Revenue Next Year
214.59M
from 197.90M
Increased by 8.43%
EPS This Year
1.16
from 0.19
Increased by 513.07%
EPS Next Year
1.23
from 1.16
Increased by 5.78%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 206.9M | 224.8M | |
| Avg | 197.9M | 214.6M | |
| Low | 188.5M | 204.8M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 15.1% | 13.6% | |
| Avg | 10.1% | 8.4% | |
| Low | 4.9% | 3.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.41 | 1.41 | |
| Avg | 1.16 | 1.23 | |
| Low | 1.01 | 1.04 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 640.5% | 20.8% | |
| Avg | 513.1% | 5.8% | |
| Low | 431.3% | -10.8% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.