What is the price target for MITK stock?
11 analysts have analysed MITK and the average price target is 15.3 USD. This implies a price increase of 10.31% is expected in the next year compared to the current price of 13.87.
MITEK SYSTEMS INC (MITK) Forecast, Price Target & Analyst Ratings
NASDAQ:MITK • US6067102003
Current stock price
13.87 USD
-0.29 (-2.05%)
At close:
13.9868 USD
+0.12 (+0.84%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MITEK SYSTEMS INC (MITK).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- May 6, 2026
- Period
- Q2 / 2026
- EPS Estimate
- $0.35
- Revenue Estimate
- 53.646M
Price Target Details & History
Consensus Price Target and Range
Mean target
$15.30
Upside
+ 10.31%
From current price of $13.87 to mean target of $15.30, Based on 11 analyst forecasts
Low
$13.13
Median
$15.30
High
$17.85
Price Target Revisions
1 Month
9.09%
3 Months
15.38%
Price Target Summary
11 Wall Street analysts provided a forecast for the next 12 months for MITK. The average price target is 15.3 USD. This implies a price increase of 10.31% is expected in the next year compared to the current price of 13.87.
The average price target has been revised upward by 15.38% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
85.45%
MITK was analyzed by 11 analysts. The buy percentage consensus is at 85. So analysts seem to be very confident about MITK.
In the previous month the buy percentage consensus was at a similar level.
MITK was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-02-13 | Jefferies | Upgrade | Hold -> Buy |
| 2025-02-11 | Maxim Group | Maintains | Buy -> Buy |
| 2025-02-11 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2024-12-17 | HC Wainwright & Co. | Maintains | Buy -> Buy |
| 2024-09-04 | Jefferies | Downgrade | Buy -> Hold |
| 2024-08-12 | Maxim Group | Maintains | Buy -> Buy |
| 2024-08-12 | HC Wainwright & Co. | Maintains | Buy -> Buy |
| 2024-08-09 | Craig-Hallum | Maintains | Buy -> Buy |
| 2024-05-14 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2024-04-16 | Craig-Hallum | Maintains | Buy -> Buy |
| 2024-04-16 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2024-03-20 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2023-12-14 | Craig-Hallum | Initiate | Buy |
| 2023-09-15 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2023-07-03 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2023-06-15 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2023-05-09 | HC Wainwright & Co. | Reiterate | Buy |
| 2022-07-29 | HC Wainwright & Co. | Maintains | Buy |
| 2022-04-29 | HC Wainwright & Co. | Maintains | Buy |
| 2021-08-12 | HC Wainwright & Co. | Initiate | Buy |
| 2021-04-16 | Jefferies | Initiate | Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- May 6, 2026
- Period
- Q2 / 2026
- EPS Estimate
- $0.35
- Revenue Estimate
- 53.646M
- Revenue Q2Q
- 3.31%
- EPS Q2Q
- -2.53%
- Number of Analysts
- 7
Next Earnings Revisions
Revenue (1 Month)
0.77%
Revenue (3 Months)
-1.44%
EPS (1 Month)
8.86%
EPS (3 Months)
-3.37%
Next Earnings Summary
MITK is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 0.35 USD and the consensus revenue estimate is 53.65M USD.
The next earnings revenue estimate has been revised downward by 1.44% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 172.552M 19.91% | 172.083M -0.27% | 179.691M 4.42% | 196.85M 9.55% | 212.73M 8.07% | 232.66M 9.37% | |
| EBITDA YoY % growth | 39.843M 27.91% | 20.904M -47.53% | 34.988M 67.37% | 60.022M 71.55% | 65.021M 8.33% | 76.194M 17.18% | |
| EBIT YoY % growth | 21.124M 30.40% | 3.993M -81.10% | 19.53M 389.11% | 58.384M 198.95% | 63.733M 9.16% | 74.766M 17.31% | |
| Operating Margin | 12.24% | 2.32% | 10.87% | 29.66% | 29.96% | 32.14% | |
| EPS YoY % growth | 0.95 6.74% | 0.96 1.05% | 0.97 1.04% | 1.17 20.51% | 1.24 6.24% | 1.66 33.88% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 26 | Q3 / 26 | Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | |
|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.35 -2.53% | 0.28 27.96% | 0.26 9.65% | 0.23 -12.39% | 0.30 -13.76% | 0.30 5.07% | 0.30 12.40% |
| Revenue Q2Q % growth | 53.646M 3.31% | 49.694M 8.67% | 50.328M 12.39% | 47.469M 7.29% | 55.198M 2.89% | 53.559M 7.78% | 53.311M 5.93% |
| EBITDA Q2Q % growth | 18.481M -7.08% | 14.419M -10.42% | 14.269M -31.57% | 11.407M 18.90% | 17.311M -6.33% | 16.161M 12.08% | 15.94M 11.71% |
| EBIT Q2Q % growth | 17.818M 49.81% | 14.019M 241.18% | 14.251M 164.25% | 8.007M 34.46% | 14.148M -20.60% | 13M -7.27% | 12.235M -14.15% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
19.68%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
9.07%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
15.39%
EBIT Next 5 Year
N/A
MITEK SYSTEMS INC / MITK Forecast FAQ
What is the next earnings date for MITK stock?
MITEK SYSTEMS INC (MITK) will report earnings on 2026-05-06.
What are the consensus estimates for MITEK SYSTEMS INC (MITK) next earnings?
The consensus EPS estimate for the next earnings of MITEK SYSTEMS INC (MITK) is 0.35 USD and the consensus revenue estimate is 53.65M USD.
What is the consensus rating for MITK stock?
The consensus rating for MITEK SYSTEMS INC (MITK) is 85.4545 / 100 . This indicates that analysts generally have a positive outlook on the stock.