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Mitek Systems

MITKNASDAQ
Logo brought to you by Benzinga Data
$10.28
-0.02-0.19%
At close: -
$10.28
0.000.00%
After Hours: 4:00 PM EDT
Q1 2025 Earnings in 11 days from now on Mon Feb 10th, after the market close
Consensus Rating1
Buy
Highest Price Target1
$15.00
Lowest Price Target1
$9.50
Consensus Price Target1
$12.70

Mitek Systems (NASDAQ:MITK) Stock, Analyst Ratings, Price Targets, Forecasts

Mitek Systems Inc has a consensus price target of $12.7 based on the ratings of 5 analysts. The high is $15 issued by Craig-Hallum on August 9, 2024. The low is $9.5 issued by Jefferies on September 4, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Jefferies, and HC Wainwright & Co. on December 17, 2024, September 4, 2024, and August 12, 2024, respectively. With an average price target of $11.17 between HC Wainwright & Co., Jefferies, and HC Wainwright & Co., there's an implied 8.63% upside for Mitek Systems Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Aug 24
0
0
0
0
Sep 24
1
Dec 24
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Jefferies
Maxim Group
Craig-Hallum
Jefferies

1calculated from analyst ratings

Analyst Ratings for Mitek Systems

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FAQ

Q

What is the target price for Mitek Systems (MITK) stock?

A

The latest price target for Mitek Systems (NASDAQ:MITK) was reported by HC Wainwright & Co. on December 17, 2024. The analyst firm set a price target for $13.00 expecting MITK to rise to within 12 months (a possible 26.46% upside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Mitek Systems (MITK)?

A

The latest analyst rating for Mitek Systems (NASDAQ:MITK) was provided by HC Wainwright & Co., and Mitek Systems maintained their buy rating.

Q

When was the last upgrade for Mitek Systems (MITK)?

A

There is no last upgrade for Mitek Systems

Q

When was the last downgrade for Mitek Systems (MITK)?

A

The last downgrade for Mitek Systems Inc happened on September 4, 2024 when Jefferies changed their price target from $17 to $9.5 for Mitek Systems Inc.

Q

When is the next analyst rating going to be posted or updated for Mitek Systems (MITK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mitek Systems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Mitek Systems was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.

Q

Is the Analyst Rating Mitek Systems (MITK) correct?

A

While ratings are subjective and will change, the latest Mitek Systems (MITK) rating was a maintained with a price target of $11.00 to $13.00. The current price Mitek Systems (MITK) is trading at is $10.28, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.