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MITK Stock Forecast 2025-2026
$9.30
Current Price
$424.52M
Market Cap
Buy 4
Hold 1
Sell 0
Wall St Analyst Ratings
Distance to MITK Price Targets
+61.3%
To High Target of $15.00
+45.2%
To Median Target of $13.50
+7.5%
To Low Target of $10.00
MITK Price Momentum
+5.0%
1 Week Change
+1.9%
1 Month Change
+2.6%
1 Year Change
-16.4%
Year-to-Date Change
-21.1%
From 52W High of $11.78
+34.2%
From 52W Low of $6.93
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Latest MITK Stock Price Targets & Analyst Predictions
Based on our analysis of 6 Wall Street analysts, MITK has a bullish consensus with a median price target of $13.50 (ranging from $10.00 to $15.00). The overall analyst rating is N/A (N/A/10). Currently trading at $9.30, the median forecast implies a 45.2% upside. This outlook is supported by 4 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Chad Bennett at Craig-Hallum, projecting a 61.3% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
MITK Analyst Ratings
4
Buy
1
Hold
0
Sell
MITK Price Target Range
Low
$10.00
Average
$13.50
High
$15.00
Current: $9.30
Latest MITK Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for MITK.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Feb 11, 2025 | HC Wainwright & Co. | Scott Buck | Buy | Reiterates | $13.00 |
| Feb 11, 2025 | Maxim Group | Allen Klee | Buy | Maintains | $14.00 |
| Dec 17, 2024 | HC Wainwright & Co. | Scott Buck | Buy | Maintains | $13.00 |
| Sep 4, 2024 | Jefferies | Surinder Thind | Hold | Downgrade | $9.50 |
| Aug 12, 2024 | HC Wainwright & Co. | Scott Buck | Buy | Maintains | $11.00 |
| Aug 12, 2024 | Maxim Group | Allen Klee | Buy | Maintains | $13.00 |
| Aug 9, 2024 | Craig-Hallum | Chad Bennett | Buy | Maintains | $15.00 |
| May 14, 2024 | HC Wainwright & Co. | Scott Buck | Buy | Reiterates | $19.00 |
| Apr 16, 2024 | Craig-Hallum | Chad Bennett | Buy | Maintains | $19.00 |
| Apr 16, 2024 | HC Wainwright & Co. | Scott Buck | Buy | Reiterates | $19.00 |
| Mar 20, 2024 | HC Wainwright & Co. | Scott Buck | Buy | Reiterates | $19.00 |
| Dec 14, 2023 | Craig-Hallum | Chad Bennett | Buy | Initiates | $17.00 |
| Sep 15, 2023 | HC Wainwright & Co. | Scott Buck | Buy | Reiterates | $19.00 |
| Jul 3, 2023 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Jun 15, 2023 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| May 9, 2023 | HC Wainwright & Co. | Scott Buck | Buy | Reiterates | $19.00 |
| Oct 25, 2022 | Jefferies | Stephanie Moore | Buy | Assumes | $13.00 |
| Jul 29, 2022 | HC Wainwright & Co. | Scott Buck | Buy | Maintains | $19.00 |
| Apr 29, 2022 | HC Wainwright & Co. | Scott Buck | Buy | Maintains | $22.00 |
| Aug 12, 2021 | HC Wainwright & Co. | Buy | Initiates | $N/A |
Mitek Systems Inc. (MITK) Competitors
The following stocks are similar to Mitek based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Mitek Systems Inc. (MITK) Financial Data
Mitek Systems Inc. has a market capitalization of $424.52M with a P/E ratio of 28.2x. The company generates $178.13M in trailing twelve-month revenue with a 8.7% profit margin.
Revenue growth is +1.7% quarter-over-quarter, while maintaining an operating margin of +8.3% and return on equity of +6.9%.
Valuation Metrics
Market Cap
$424.52M
Enterprise Value
$412.87M
P/E Ratio
28.2x
PEG Ratio
0.0x
Price/Sales
2.4x
Growth & Margins
Revenue Growth (YoY)
+1.7%
Gross Margin
+84.6%
Operating Margin
+8.3%
Net Margin
+8.7%
EPS Growth
+1,009.3%
Financial Health
Cash/Price Ratio
+39.4%
Current Ratio
1.1x
Debt/Equity
65.4x
ROE
+6.9%
ROA
+3.0%
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Mitek Systems Inc. (MITK) Business Model
About Mitek Systems Inc.
What They Do
Provides digital identity verification solutions.
Business Model
Mitek Systems generates revenue by offering software solutions for identity verification and mobile capture, primarily targeting sectors such as banking, financial services, and insurance. Their products include mobile capture tools for check deposits and ID verification tools to prevent fraud, integrated into various mobile apps and digital platforms.
Additional Information
With a focus on innovation, Mitek is well-positioned to benefit from the growing demand for digital transformation and remote onboarding solutions. The company is headquartered in San Diego, California, and plays a crucial role in enhancing cybersecurity and customer experience across multiple industries.
Company Information
Sector
Technology
Industry
Software - Application
Employees
565
CEO
Mr. Edward H. West
Country
United States
IPO Year
1995
Website
www.miteksystems.comMitek Systems Inc. (MITK) Latest News & Analysis
Latest News
Mitek to Report Fiscal 2025 Fourth Quarter and Full Year Financial Results on December 11, 2025
17 days ago
Quick Summary
Mitek Systems (NASDAQ: MITK) will release its Q4 and FY 2025 financial results on December 11, 2025, post-market. A conference call is scheduled for 2 p.m. PT to discuss the results.
Why It Matters
Mitek's upcoming financial results release and conference call could signal shifts in performance and strategy, influencing stock valuations and investor sentiment.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Mitek Systems, Inc. (NASDAQ: MITK) received two awards at Juniper Research's Fintech and Payments Future Digital Awards 2025 for excellence in fraud prevention and identity verification innovation.
Why It Matters
Mitek's recognition in fraud prevention and identity verification highlights its competitive edge, potentially driving growth and increasing investor confidence in its market position.
Source: Business Wire
Market Sentiment:
Neutral
Mitek Systems Wins Industry Award for Advanced Protection Against AI-Enabled Fraud, Deepfakes and Injection Attacks
3 months ago
Quick Summary
Mitek Systems, Inc. (NASDAQ: MITK) won silver in the 2025 Datos Insights Fraud and AML Awards for its Digital Fraud Defender, enhancing its reputation in digital identity verification.
Why It Matters
Mitek's recognition as a silver medalist in fraud prevention highlights its competitive edge and innovation in digital identity verification, potentially boosting investor confidence and market position.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Mitek Systems (NASDAQ: MITK) will participate in the Jefferies Fintech Conference on September 3rd, hosting one-on-one investor meetings with CEO Ed West and CFO Dave Lyle.
Why It Matters
Mitek's participation in the Jefferies Fintech Conference highlights its engagement with investors and may signal growth potential in the fintech sector, impacting stock performance.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Mitek Systems, Inc. (NASDAQ: MITK) will hold its Q3 2025 Earnings Conference Call on August 7, 2025, at 5:00 PM ET, featuring CFO David B. Lyle.
Why It Matters
Mitek Systems' Q3 earnings call will provide insights into financial performance and future guidance, impacting stock valuation and investor sentiment.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Mitek Systems (NASDAQ: MITK) reported Q3 results with 23% SaaS revenue growth and raised its revenue and adjusted EBITDA guidance for fiscal 2025.
Why It Matters
Mitek's Q3 performance and raised guidance indicate strong growth, particularly in SaaS revenue, signaling potential for increased investor confidence and stock value.
Source: Business Wire
Market Sentiment:
Neutral
Frequently Asked Questions About MITK Stock
What is Mitek Systems Inc.'s (MITK) stock forecast for 2026?
Based on our analysis of 6 Wall Street analysts, Mitek Systems Inc. (MITK) has a median price target of $13.50. The highest price target is $15.00 and the lowest is $10.00.
Is MITK stock a good investment in 2026?
According to current analyst ratings, MITK has 4 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $9.30. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for MITK stock?
Wall Street analysts predict MITK stock could reach $13.50 in the next 12 months. This represents a 45.2% increase from the current price of $9.30. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Mitek Systems Inc.'s business model?
Mitek Systems generates revenue by offering software solutions for identity verification and mobile capture, primarily targeting sectors such as banking, financial services, and insurance. Their products include mobile capture tools for check deposits and ID verification tools to prevent fraud, integrated into various mobile apps and digital platforms.
What is the highest forecasted price for MITK Mitek Systems Inc.?
The highest price target for MITK is $15.00 from Chad Bennett at Craig-Hallum, which represents a 61.3% increase from the current price of $9.30.
What is the lowest forecasted price for MITK Mitek Systems Inc.?
The lowest price target for MITK is $10.00 from at , which represents a 7.5% increase from the current price of $9.30.
What is the overall MITK consensus from analysts for Mitek Systems Inc.?
The overall analyst consensus for MITK is bullish. Out of 6 Wall Street analysts, 4 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $13.50.
How accurate are MITK stock price projections?
Stock price projections, including those for Mitek Systems Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: December 7, 2025 6:06 PM UTC