Mitek Systems Inc
NASDAQ:MITK

Watchlist Manager
Mitek Systems Inc Logo
Mitek Systems Inc
NASDAQ:MITK
Watchlist
Price: 9.1 USD 3.64% Market Closed
Market Cap: 420.4m USD
Have any thoughts about
Mitek Systems Inc?
Write Note

Wall Street
Price Targets

MITK Price Targets Summary
Mitek Systems Inc

Wall Street analysts forecast MITK stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MITK is 12.55 USD with a low forecast of 9.6 USD and a high forecast of 15.75 USD.

Lowest
Price Target
9.6 USD
5% Upside
Average
Price Target
12.55 USD
38% Upside
Highest
Price Target
15.75 USD
73% Upside

MITK Last Price Targets
Mitek Systems Inc

The latest public price target was made on Sep 4, 2024 by Surinder Thind from Jefferies , who expects MITK stock to rise by 4% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Surinder Thind
Jefferies
9.5 USD
Upside 4%
2 months ago
Sep 4, 2024
Jefferies Downgrades Mitek Systems (MITK) to Hold
StreetInsider
Allen Klee
Maxim Group
13 USD
Upside 43%
3 months ago
Aug 12, 2024
Mitek Systems price target lowered to $13 from $23 at Maxim
TheFly
George Sutton
Craig-Hallum
15 USD
Upside 65%
3 months ago
Aug 9, 2024
Mitek Systems price target lowered to $15 from $19 at Craig-Hallum
TheFly
Surinder Thind
Jefferies
Price Target 9.5 USD
Upside/Downside 4%
View Source
Allen Klee
Maxim Group
Price Target 13 USD
Upside/Downside 43%
View Source
George Sutton
Craig-Hallum
Price Target 15 USD
Upside/Downside 65%
View Source
Mitek Systems Inc Competitors:
Price Targets
DCBO
Docebo Inc
14% Downside
TYL
Tyler Technologies Inc
14% Upside
ESTC
Elastic NV
10% Upside
9669
Beisen Holding Ltd
28% Upside
WEAV
Weave Communications Inc
28% Upside
LOGO.E
Logo Yazilim Sanayi ve Ticaret AS
8% Upside
CDNS
Cadence Design Systems Inc
5% Upside
9959
Linklogis Inc
53% Upside

Revenue
Forecast

Revenue Estimate
Mitek Systems Inc

For the last 8 years the compound annual growth rate for Mitek Systems Inc's revenue is 27%. The projected CAGR for the next 3 years is 6%.

27%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Mitek Systems Inc

For the last 8 years the compound annual growth rate for Mitek Systems Inc's operating income is 26%. The projected CAGR for the next 3 years is 38%.

26%
Past Growth
38%
Estimated Growth
Estimates Accuracy
-51%
Average Miss

Net Income
Forecast

Net Income Estimate
Mitek Systems Inc

For the last 8 years the compound annual growth rate for Mitek Systems Inc's net income is 16%. The projected CAGR for the next 3 years is 81%.

16%
Past Growth
81%
Estimated Growth
Estimates Accuracy
-77%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MITK's stock price target?
Price Target
12.55 USD

According to Wall Street analysts, the average 1-year price target for MITK is 12.55 USD with a low forecast of 9.6 USD and a high forecast of 15.75 USD.

What is Mitek Systems Inc's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Mitek Systems Inc's revenue is 27%. The projected CAGR for the next 3 years is 6%.

What is Mitek Systems Inc's Operating Income forecast?
Projected CAGR
38%

For the last 8 years the compound annual growth rate for Mitek Systems Inc's operating income is 26%. The projected CAGR for the next 3 years is 38%.

What is Mitek Systems Inc's Net Income forecast?
Projected CAGR
81%

For the last 8 years the compound annual growth rate for Mitek Systems Inc's net income is 16%. The projected CAGR for the next 3 years is 81%.

Back to Top