Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
19.29
+1.64 (9.29%)
At close: Jun 26, 2026, 4:00 PM EDT
19.51
+0.22 (1.14%)
After-hours: Jun 26, 2026, 6:55 PM EDT
Mitek Systems Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Mitek Systems stock have an average target of 17.75, with a low estimate of 15 and a high estimate of 20. The average target predicts a decrease of -7.98% from the current stock price of 19.29.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 9, 2026.
Analyst Ratings
The average analyst rating for Mitek Systems stock from 5 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 | 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 | +3.68% | May 9, 2026 |
| Northland Securities | Northland Securities | Buy Maintains $17 | Buy | Maintains | $17 | -11.87% | May 8, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Reiterates $19 | Buy | Reiterates | $19 | -1.50% | May 8, 2026 |
| Jefferies | Jefferies | Buy Upgrades $11 → $15 | Buy | Upgrades | $11 → $15 | -22.24% | 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%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 197.0M | 214.1M | |
| Avg | 194.5M | 210.7M | |
| Low | 193.5M | 208.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 9.6% | 10.1% | |
| Avg | 8.2% | 8.4% | |
| Low | 7.7% | 7.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | 1.11 | 1.21 | |
| Low | - | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | 17.3% | 9.0% | |
| Low | - | - |
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.