MITKMITKTechnology · Software - Application

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

Last close, 24 Aug 2026
$18
−3.80% on the day

The 5 Wall Street analysts covering Mitek Systems, Inc. hold a median 12-month price target of $23 — +30.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 98 of 100 as at 22 Aug 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$837.5M
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
−3.6%
1M
+5.8%
YTD
+69.2%
1Y
+69.2%
From 52W high
−11.3%
From 52W low
+106.4%
$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 22 Aug 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
96
Accruals
91
Value
79
Volatility
74
Revisions
69
Quality
66
Growth
51
Size
47

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 (47): 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$25Oct 25Jan 26Apr 26Jul 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 +30.2% 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 24 Aug 2026, Mitek Systems, Inc. returned +69.2% against +19.6% for the S&P 500, dividends included.

MITK vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160180200Oct 25Jan 26Apr 26Jul 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
+2.1%
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
39.5×

Cheaper than 20% of US stocks

Price / sales
4.2×

Cheaper than 30% of US stocks

Price / book
3.3×

Cheaper than 32% of US stocks

EV / EBITDA
16.0×

Cheaper than 21% of US stocks

Growth & margins
Revenue growth (YoY)
18.2%

Higher than 67% of US stocks

Earnings growth (YoY)
249.2%

Higher than 92% 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 61% of US stocks

Return on assets
5.5%

Higher than 79% of US stocks

Dividend yield

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 $837.5M and an enterprise value of $793.9M.

  • 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: 39.5×; forward P/E: 15.6× — the forward figure prices analyst consensus estimates, not reported 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 24 Aug 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.$837.5M
98
DJCODaily Journal Corp.$826.4M
65
DSPViant Technology, Inc.$816.5M
77
PARPAR Technology Corp.$803.7M
55
RSKDRiskified Ltd.$789.4M
100
IBTAIbotta, Inc.$918.2M
78
PUBMPubMatic, Inc.$761.7M
79

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

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.

What Makes Mitek Systems (MITK) a Good Fit for 'Trend Investing'

Zacks Investment Research · 20 Aug 2026positive

Zacks Investment Research identified Mitek Systems (MITK) as one of the stocks passing its "Recent Price Strength" screen, suggesting the stock is well positioned to maintain its recent uptrend.

Why it matters — Mitek watchers would note that the company has been flagged by Zacks as a candidate fitting a trend-investing approach based on its recent price strength.

Mitek Systems (MITK) Upgraded to Strong Buy: What Does It Mean for the Stock?

Zacks Investment Research · 19 Aug 2026positive

Mitek Systems (MITK) was upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. The upgrade may support the stock in the near term.

Why it matters — A Strong Buy rating from Zacks signals increased positive sentiment among analysts about Mitek's earnings outlook, which MITK watchers would track closely.

Mitek Appoints Aaron Seyler as Chief Revenue Officer

Business Wire · 17 Aug 2026positive

Mitek Systems announced the appointment of Aaron Seyler as its new Chief Revenue Officer, effective August 17, 2026. Seyler joins from Vonage, an Ericsson company, where he led a global go-to-market organization across 17 countries and scaled an API-based enterprise business.

Why it matters — The appointment of an experienced revenue leader to head Mitek's go-to-market organization signals a focus on strengthening sales and commercial execution for its digital identity and fraud prevention offerings.

Cybersecurity Stock Sets Sights On Buy Point With Bolstered Outlook

Investors Business Daily · 14 Aug 2026positive

Mitek Systems' shares are recovering from a decline in July, with the company's sales rising as customers address AI-driven fraud. The report highlights a bolstered outlook for the cybersecurity products maker.

Why it matters — A MITK watcher would care because the report points to a sales recovery and strengthening outlook tied to growing demand for anti-fraud solutions.

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 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank MITK?

As at 22 Aug 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 +30.2% from the last close, and Ticker Nerd's factor model ranks Mitek Systems, Inc. 98 out of 100 as at 22 Aug 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 +69.2% over the 12 months to 24 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Mitek Systems, Inc. do?

Mitek Systems Inc. is a technology company, specializing in digital identity verification and mobile capture solutions.

What is the latest news on MITK?

The most recent item we track (Zacks Investment Research, 20 Aug 2026): "Wall Street Analysts See a 25.16% Upside in Mitek Systems (MITK): Can the Stock Really Move This High?". 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.

Company

About Mitek Systems, Inc.

Mitek Systems Inc. is a technology company, specializing in digital identity verification and mobile capture solutions. Their primary function is to provide software solutions that allow individuals and organizations to authenticate identities and securely complete transactions via mobile devices. Mitek's cutting-edge technology impacts several sectors, including banking, financial services, and insurance, where secure and reliable identity verification is crucial. The company's suite of products includes mobile capture tools that enable the deposit of checks via smartphone cameras and ID verification tools that help thwart fraud. Mitek Systems Inc.'s solutions are integrated into mobile apps and digital platforms worldwide, empowering users with increased accessibility and security. Given the rising demand for digital transformation and remote onboarding across various industries, Mitek plays a significant role in supporting cybersecurity and enhancing customer experience. Headquartered in San Diego, California, Mitek continues to innovate in the field of digital identity verification, maintaining a vital position in the financial and technological landscapes.

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