Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
9.30
+0.01 (0.11%)
Dec 5, 2025, 4:00 PM EST - Market closed

Mitek Systems Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Mitek Systems stock have an average target of 13.5, with a low estimate of 13 and a high estimate of 14. The average target predicts an increase of 45.16% from the current stock price of 9.30.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $13 $13.5 $14 $14
Change +39.78% +45.16% +50.54% +50.54%
* Price targets were last updated on Feb 11, 2025.

Analyst Ratings

The average analyst rating for Mitek Systems stock from 2 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 Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25
Strong Buy 333332
Buy 000000
Hold 111110
Sell 000000
Strong Sell 000000
Total 444442

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 +50.54% Feb 11, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$13
Strong Buy Reiterates $13 +39.78% Feb 11, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$11$13
Strong Buy Maintains $11$13 +39.78% Dec 17, 2024
Jefferies
Jefferies
Hold
Downgrades
$17$9.5
Hold Downgrades $17$9.5 +2.15% Sep 4, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$19$11
Strong Buy Maintains $19$11 +18.28% Aug 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
179.29M
from 172.08M
Increased by 4.19%
Revenue Next Year
193.75M
from 179.29M
Increased by 8.07%
EPS This Year
0.93
from 0.07
Increased by 1,228.91%
EPS Next Year
1.11
from 0.93
Increased by 19.30%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Sep 30, 2020 Sep 30, 2021 Sep 30, 2022 Sep 30, 2023 Sep 30, 2024 Sep 30, 2025 Sep 30, 2026
Revenue
101.31M119.80M144.80M172.55M172.08M179.29M193.75M
Revenue Growth
19.77%18.25%20.87%19.16%-0.27%4.19%8.07%
EPS
0.180.180.080.170.070.931.11
EPS Growth
---55.56%112.50%-58.82%1,228.91%19.30%
Forward PE
-----10.008.38
No. Analysts -----77
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 185.9M 200.4M
Avg 179.3M 193.8M
Low 171.9M 185.2M

Revenue Growth

Revenue Growth 202520262027
High
8.0%
11.7%
Avg
4.2%
8.1%
Low
-0.1%
3.3%

EPS Forecast

EPS 202520262027
High 1.01 1.55
Avg 0.93 1.11
Low 0.85 0.91

EPS Growth

EPS Growth 202520262027
High
1,340.0%
67.1%
Avg
1,228.9%
19.3%
Low
1,118.0%
-2.0%
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.