Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
14.06
-0.02 (-0.14%)
At close: Apr 28, 2026, 4:00 PM EDT
14.24
+0.18 (1.28%)
After-hours: Apr 28, 2026, 5:40 PM EDT

Mitek Systems Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Mitek Systems stock has a target of 15, which predicts an increase of 6.69% from the current stock price of 14.06.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $15 $15 $15 $15
Change +6.69% +6.69% +6.69% +6.69%
* Price targets were last updated on Feb 13, 2026.

Analyst Ratings

According to 1 stock analyst, the rating for Mitek Systems is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 333111
Buy 000000
Hold 111000
Sell 000000
Strong Sell 000000
Total 444111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Upgrades
$11$15
Strong Buy Upgrades $11$15 +6.69% Feb 13, 2026
Maxim Group
Maxim Group
Strong Buy
Maintains
$13$14
Strong Buy Maintains $13$14 -0.43% Feb 11, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$13
Strong Buy Reiterates $13 -7.54% Feb 11, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$11$13
Strong Buy Maintains $11$13 -7.54% Dec 17, 2024
Jefferies
Jefferies
Hold
Downgrades
$17$9.5
Hold Downgrades $17$9.5 -32.43% Sep 4, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
196.85M
from 179.69M
Increased by 9.55%
Revenue Next Year
212.73M
from 196.85M
Increased by 8.07%
EPS This Year
1.17
from 0.19
Increased by 515.22%
EPS Next Year
1.24
from 1.17
Increased by 6.24%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Sep 30, 2021 Sep 30, 2022 Sep 30, 2023 Sep 30, 2024 Sep 30, 2025 Sep 30, 2026 Sep 30, 2027
Revenue
119.80M144.80M172.55M172.08M179.69M196.85M212.73M
Revenue Growth
18.25%20.87%19.16%-0.27%4.42%9.55%8.07%
EPS
0.180.080.170.070.191.171.24
EPS Growth
--55.56%112.50%-58.82%171.43%515.22%6.24%
Forward PE
-----12.0311.32
No. Analysts -----76
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 205.7M 221.5M
Avg 196.9M 212.7M
Low 188.2M 201.9M

Revenue Growth

Revenue Growth 202620272028
High
14.5%
12.5%
Avg
9.5%
8.1%
Low
4.7%
2.6%

EPS Forecast

EPS 202620272028
High 1.41 1.46
Avg 1.17 1.24
Low 1.01 1.04

EPS Growth

EPS Growth 202620272028
High
640.5%
24.9%
Avg
515.2%
6.2%
Low
431.3%
-11.1%
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.