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NASDAQ: MITK
Mitek Systems Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MITK

Based on 4 analysts offering 12 month price targets for Mitek Systems Inc.
Min Forecast
$9.50+10.47%
Avg Forecast
$12.13+40.99%
Max Forecast
$15.00+74.42%

Should I buy or sell MITK stock?

Based on 4 analysts offering ratings for Mitek Systems Inc.
Buy
Strong Buy
1 analysts 25%
Buy
2 analysts 50%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MITK stock forecasts and price targets.

MITK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-04
lockedlocked$00.00+00.00%2024-08-12
lockedlocked$00.00+00.00%2024-08-12
lockedlocked$00.00+00.00%2024-08-09

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Forecast return on equity

Is MITK forecast to generate an efficient return?
Company
16.53%
Industry
22.25%
Market
54.93%
MITK's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MITK forecast to generate an efficient return on assets?
Company
8.47%
Industry
12.16%
MITK is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MITK earnings per share forecast

What is MITK's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$0.57
Avg 2 year Forecast
$0.56
Avg 3 year Forecast
$0.75

MITK revenue forecast

What is MITK's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$170.0M+2.12%
Avg 2 year Forecast
$180.7M+8.54%
Avg 3 year Forecast
$203.4M+22.15%
MITK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MITK revenue growth forecast

How is MITK forecast to perform vs Software - Application companies and vs the US market?
Company
5.07%
Industry
13.71%
Market
8.2%
MITK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MITK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MITK vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
MITK$8.60$12.13+40.99%Buy
RDVT$28.49$25.00-12.25%Strong Buy
AMSWA$10.91$15.50+42.07%Strong Buy
SVCO$14.18$25.83+82.18%Strong Buy
XPER$8.06$19.00+135.73%Strong Buy
View Top App Stocks

Mitek Systems Stock Forecast FAQ

Is Mitek Systems Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: MITK) stock is to Buy MITK stock.

Out of 4 analysts, 1 (25%) are recommending MITK as a Strong Buy, 2 (50%) are recommending MITK as a Buy, 1 (25%) are recommending MITK as a Hold, 0 (0%) are recommending MITK as a Sell, and 0 (0%) are recommending MITK as a Strong Sell.

If you're new to stock investing, here's how to buy Mitek Systems stock.

What is MITK's earnings growth forecast for 2024-2026?

(NASDAQ: MITK) Mitek Systems's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 25.92%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.33%.

Mitek Systems's earnings in 2024 is -$6,739,000.On average, 4 Wall Street analysts forecast MITK's earnings for 2024 to be $26,105,159, with the lowest MITK earnings forecast at $25,412,102, and the highest MITK earnings forecast at $26,798,216. On average, 3 Wall Street analysts forecast MITK's earnings for 2025 to be $25,721,667, with the lowest MITK earnings forecast at $23,101,911, and the highest MITK earnings forecast at $28,184,331.

In 2026, MITK is forecast to generate $34,652,866 in earnings, with the lowest earnings forecast at $34,652,866 and the highest earnings forecast at $34,652,866.

What is MITK's revenue growth forecast for 2024-2026?

(NASDAQ: MITK) Mitek Systems's forecast annual revenue growth rate of 5.07% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 13.71%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.2%.

Mitek Systems's revenue in 2024 is $166,517,000.On average, 4 Wall Street analysts forecast MITK's revenue for 2024 to be $7,856,590,130, with the lowest MITK revenue forecast at $7,840,788,424, and the highest MITK revenue forecast at $7,873,131,098. On average, 3 Wall Street analysts forecast MITK's revenue for 2025 to be $8,350,878,608, with the lowest MITK revenue forecast at $8,224,280,138, and the highest MITK revenue forecast at $8,510,743,828.

In 2026, MITK is forecast to generate $9,397,857,191 in revenue, with the lowest revenue forecast at $9,397,857,191 and the highest revenue forecast at $9,397,857,191.

What is MITK's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: MITK) forecast ROA is 8.47%, which is lower than the forecast US Software - Application industry average of 12.16%.

What is MITK's Price Target?

According to 4 Wall Street analysts that have issued a 1 year MITK price target, the average MITK price target is $12.13, with the highest MITK stock price forecast at $15.00 and the lowest MITK stock price forecast at $9.50.

On average, Wall Street analysts predict that Mitek Systems's share price could reach $12.13 by Sep 4, 2025. The average Mitek Systems stock price prediction forecasts a potential upside of 40.99% from the current MITK share price of $8.60.

What is MITK's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: MITK) Mitek Systems's current Earnings Per Share (EPS) is -$0.15. On average, analysts forecast that MITK's EPS will be $0.57 for 2024, with the lowest EPS forecast at $0.55, and the highest EPS forecast at $0.58. On average, analysts forecast that MITK's EPS will be $0.56 for 2025, with the lowest EPS forecast at $0.50, and the highest EPS forecast at $0.61. In 2026, MITK's EPS is forecast to hit $0.75 (min: $0.75, max: $0.75).

What is MITK's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: MITK) forecast ROE is 16.53%, which is considered weak.
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