MITKMITKTechnology · Software - Application

MITK Stock Forecast: Mitek Systems, Inc. Price Predictions for 2026-2027

Last close, 14 Oct 2026
$16
−6.35% on the day

The 5 Wall Street analysts covering Mitek Systems, Inc. hold a median 12-month price target of $23 — +47.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 98 of 100 as at 14 Oct 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$760.8M
Ticker Nerd rank
98 / 100
Median analyst target
$23
Analysts covering
5
Revenue$54.0M+18.2% y/y
Operating income$11.5M
Net income$8.4M
Free cash flow$25.3M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−9.6%
1M
−11.8%
YTD
+49.7%
1Y
+73.7%
From 52W high
−21.6%
From 52W low
+82.5%
$9
$20
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

MITK stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Mitek Systems, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 14 Oct 2026
98 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
98
Momentum
93
Accruals
91
Value
83
Volatility
77
Revisions
68
Quality
65
Growth
51
Size
48

Issuance (98): The share count has been shrinking and the company is not leaning on new borrowing.

Growth (51): Sales and profits are flat, shrinking, or growing more slowly than they were.

Size (48): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

MITK stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on MITK, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$10$15$20$25Jan 26Apr 26Jul 26Oct 26MITKHigh $26Median $23Low $18

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says5 analysts
5 Buy0 Hold0 Sell
Low $18Median $23High $26

The green dot is the last close — the median target sits +47.2% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
13 Feb 2026JefferiesUpgradeBuy$11 → $15
11 Feb 2025HC Wainwright & Co.ReiteratesBuy—
11 Feb 2025Maxim GroupMaintainsBuy—
17 Dec 2024HC Wainwright & Co.MaintainsBuy—
4 Sept 2024JefferiesDowngradeHold—
12 Aug 2024HC Wainwright & Co.MaintainsBuy—
12 Aug 2024Maxim GroupMaintainsBuy—
9 Aug 2024Craig-HallumMaintainsBuy—
14 May 2024HC Wainwright & Co.ReiteratesBuy—
16 Apr 2024Craig-HallumMaintainsBuy—
16 Apr 2024HC Wainwright & Co.ReiteratesBuy—
20 Mar 2024HC Wainwright & Co.ReiteratesBuy—
14 Dec 2023Craig-HallumInitiatesBuy—
15 Sept 2023HC Wainwright & Co.ReiteratesBuy—
3 July 2023HC Wainwright & Co.ReiteratesBuy—
15 June 2023HC Wainwright & Co.ReiteratesBuy—
9 May 2023HC Wainwright & Co.ReiteratesBuy—
25 Oct 2022JefferiesAssumesBuy$13
29 July 2022HC Wainwright & Co.MaintainsBuy—
29 Apr 2022HC Wainwright & Co.MaintainsBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. MITK appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

MITK vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 14 Oct 2026, Mitek Systems, Inc. returned +73.7% against +17.5% for the S&P 500, dividends included.

MITK vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200Jan 26Apr 26Jul 26Oct 26MITKS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

MITK analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+2.9%
Analysts raising
1
Analysts cutting
1
Fundamentals

Mitek Systems, Inc. (MITK) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
35.9×

Cheaper than 21% of US stocks

Price / sales
3.8×

Cheaper than 31% of US stocks

Price / book
3.0×

Cheaper than 30% of US stocks

EV / EBITDA
14.3×

Cheaper than 24% of US stocks

Growth & margins
Revenue growth (YoY)
18.2%

Higher than 66% of US stocks

Earnings growth (YoY)
249.2%

Higher than 91% of US stocks

Gross margin
84.9%

Higher than 94% of US stocks

Operating margin
21.4%

Higher than 80% of US stocks

Net margin
11.4%

Higher than 72% of US stocks

Returns & dividend
Return on equity
9.2%

Higher than 62% of US stocks

Return on assets
5.5%

Higher than 79% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Mitek Systems, Inc. (MITK) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Mitek Systems, Inc. has a market value of $760.8M and an enterprise value of $710.5M.

  • Revenue in the twelve months to 30 June 2026: $197.9M. The latest quarter grew 18.2% year on year.

  • Net income over the same four quarters: $22.5M, a 11.4% net margin.

  • Free cash flow in the twelve months to 30 June 2026: $48.6M.

  • Mitek Systems, Inc. spent $21.3M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 45.1M.

  • Trailing P/E: 35.9×; forward P/E: 14.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Mitek Systems, Inc. employs 561 people — $353K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 15 Oct 2026

Data provided by Twelve Data

Peers

MITK vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSoftware - Application
CompanyMarket capTKN rank
MITKMitek Systems, Inc.$760.8M
98
SMWBSimilarWeb Ltd.$716.1M
78
MNTNMNTN, Inc.$694.9M
61
VTEXVTEX (Cayman Islands)$692.2M
97
SPTSprout Social, Inc.$661.6M
90
PARPAR Technology Corp.$650.6M
61
PUBMPubMatic, Inc.$818.8M
88

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Mitek Systems, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest MITK news & analysis

Mitek Systems: A Fintech Pivot Waiting For A Short Squeeze

Seeking Alpha · 24 Sept 2026positive

Seeking Alpha covers Mitek Systems' dual-engine model of legacy Check Verification and Fraud & Identity, which drove 18% year-over-year revenue growth and strong free cash flow. Operational efficiency improved as R&D and S&M costs fell about 10% year-over-year, lifting adjusted EBITDA margin from 28% to 38%. The piece assigns a Buy rating with a 12-month target price of $19.87.

Why it matters — MITK watchers would care because the article highlights how Mitek's two business segments are delivering double-digit revenue growth and markedly better operational efficiency and margins.

Wall Street Analysts See a 27.25% Upside in Mitek Systems (MITK): Can the Stock Really Move This High?

Zacks Investment Research · 7 Sept 2026positive

Zacks reports that Wall Street analysts' consensus price target implies roughly 27.3% upside potential for Mitek Systems (MITK), while noting this metric is not highly effective. The article also points to an upward trend in earnings estimate revisions as a possible near-term positive for the stock.

Why it matters — A MITK watcher would care because the article highlights analyst upside expectations and improving earnings estimate revisions, which could signal shifting market sentiment around the stock.

Mitek Takes All Top 3 Image Category Spots in Prestigious Independent Face Liveness Detection Competition

Business Wire · 2 Sept 2026positive

Mitek Systems announced that its Presentation Attack Detection (PAD) technology took the top three places in the Image category of the 2026 LivDet-Face competition, an independent evaluation organized by the Center for Identification Technology Research (CITeR) that assesses face presentation attack detection solutions.

Why it matters — A top result in an independent evaluation could serve as independent validation of Mitek's face liveness detection technology, which is relevant to its digital identity verification and fraud management business.

Mitek Systems (MITK) is a Great Momentum Stock: Should You Buy?

Zacks Investment Research · 1 Sept 2026positive

Zacks Investment Research examines whether Mitek Systems (MITK) qualifies as a top momentum stock pick, posing the question of whether the company has what it takes to be a strong momentum investment.

Why it matters — The article draws attention to MITK's momentum characteristics, which is relevant for investors tracking the stock's performance trends.

Wall Street Analysts See a 25.16% Upside in Mitek Systems (MITK): Can the Stock Really Move This High?

Zacks Investment Research · 20 Aug 2026positive

Wall Street analysts' consensus price target suggests roughly 25.2% upside potential for Mitek Systems (MITK), according to a Zacks Investment Research report. While the article notes that consensus price targets have limited predictive effectiveness, it highlights an upward trend in earnings estimate revisions that could indicate near-term upside for the stock.

Why it matters — MITK watchers would care because the article points to rising earnings estimate revisions, a signal analysts often watch as a potential indicator of near-term stock movement.

FAQ

Frequently asked questions about MITK stock

What is the MITK stock price forecast for 2026-2027?

The 5 Wall Street analysts covering Mitek Systems, Inc. have a median 12-month price target of $23, with estimates ranging from $18 to $26. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is MITK stock a buy right now?

Of the 5 analysts covering Mitek Systems, Inc., 5 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Mitek Systems, Inc. 98 out of 100 across roughly 4,600 US stocks as at 14 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank MITK?

As at 14 Oct 2026, Mitek Systems, Inc. ranks 98 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (98 of 100).

Will MITK stock go up?

No one can know that. What the data says: the median 12-month target from 5 analysts implies +47.2% from the last close, and Ticker Nerd's factor model ranks Mitek Systems, Inc. 98 out of 100 as at 14 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the MITK stock forecast for 2030?

No analyst covering Mitek Systems, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MITK are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $18 to $26 over the next 12 months.

How has MITK stock performed over the past year?

Mitek Systems, Inc. returned +73.7% over the 12 months to 14 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Mitek Systems, Inc. do?

Mitek Systems Inc. is a software company focused on digital identity verification, authentication, biometrics, image capture, and fraud prevention.

What is the latest news on MITK?

The most recent item we track (Seeking Alpha, 24 Sept 2026): "Mitek Systems: A Fintech Pivot Waiting For A Short Squeeze". Seeking Alpha covers Mitek Systems' dual-engine model of legacy Check Verification and Fraud & Identity, which drove 18% year-over-year revenue growth and strong free cash flow. Operational efficiency improved as R&D and S&M costs fell about 10% year-over-year, lifting adjusted EBITDA margin from 28% to 38%. The piece assigns a Buy rating with a 12-month target price of $19.87.

Company

About Mitek Systems, Inc.

Mitek Systems Inc. is a software company focused on digital identity verification, authentication, biometrics, image capture, and fraud prevention. Mitek Systems Inc. develops cloud-based and embedded solutions used in mobile and web applications to help organizations verify identities, detect document manipulation, and strengthen onboarding and account access workflows. Its current product set includes mobile deposit and check verification tools, identity orchestration platforms, biometric and liveness detection, and fraud analytics designed to support secure digital transactions. The company serves financial institutions, fintech firms, telecom providers, and other enterprises that need to balance fast customer onboarding with stronger protection against identity theft, check fraud, deepfakes, and synthetic fraud. Based in San Diego, California, Mitek Systems Inc. plays a specialized role in the financial technology and regtech markets by providing software that connects identity assurance with transaction security across customer journeys.

CEO Mr. Edward H. West · 561 employees · United States · https://www.miteksystems.com