Mitek Systems Inc has a consensus price target of $17 based on the ratings of 3 analysts. The high is $19 issued by HC Wainwright & Co. on May 14, 2024. The low is $13 issued by Jefferies on October 25, 2022. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and Craig-Hallum on May 14, 2024, April 16, 2024, and April 16, 2024, respectively. With an average price target of $19 between HC Wainwright & Co., HC Wainwright & Co., and Craig-Hallum, there's an implied 56.96% upside for Mitek Systems Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/14/2024 | Buy Now | 56.96% | HC Wainwright & Co. | Scott Buck | → $19 | Reiterates | Buy → Buy | Get Alert |
04/16/2024 | Buy Now | 56.96% | HC Wainwright & Co. | Scott Buck | → $19 | Reiterates | Buy → Buy | Get Alert |
04/16/2024 | Buy Now | 56.96% | Craig-Hallum | Chad Bennett | $17 → $19 | Maintains | Buy | Get Alert |
03/20/2024 | Buy Now | 56.96% | HC Wainwright & Co. | Scott Buck | → $19 | Reiterates | Buy → Buy | Get Alert |
12/14/2023 | Buy Now | 40.44% | Craig-Hallum | Chad Bennett | → $17 | Initiates | → Buy | Get Alert |
09/15/2023 | Buy Now | 56.96% | HC Wainwright & Co. | Scott Buck | → $19 | Reiterates | Buy → Buy | Get Alert |
07/03/2023 | Buy Now | 56.96% | HC Wainwright & Co. | Scott Buck | → $19 | Reiterates | Buy → Buy | Get Alert |
06/15/2023 | Buy Now | 56.96% | HC Wainwright & Co. | Scott Buck | → $19 | Reiterates | Buy → Buy | Get Alert |
05/09/2023 | Buy Now | 56.96% | HC Wainwright & Co. | Scott Buck | → $19 | Reiterates | → Buy | Get Alert |
10/25/2022 | Buy Now | 7.39% | Jefferies | Stephanie Moore | → $13 | Assumes | → Buy | Get Alert |
07/29/2022 | Buy Now | 56.96% | HC Wainwright & Co. | Scott Buck | $22 → $19 | Maintains | Buy | Get Alert |
04/29/2022 | Buy Now | 81.74% | HC Wainwright & Co. | Scott Buck | $27 → $22 | Maintains | Buy | Get Alert |
08/12/2021 | Buy Now | 123.05% | HC Wainwright & Co. | Scott Buck | — | Initiates | → Buy | Get Alert |
The latest price target for Mitek Systems (NASDAQ:MITK) was reported by HC Wainwright & Co. on May 14, 2024. The analyst firm set a price target for $19.00 expecting MITK to rise to within 12 months (a possible 57.02% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Mitek Systems (NASDAQ:MITK) was provided by HC Wainwright & Co., and Mitek Systems reiterated their buy rating.
There is no last upgrade for Mitek Systems
There is no last downgrade for Mitek Systems.
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 May 14, 2024 so you should expect the next rating to be made available sometime around May 14, 2025.
While ratings are subjective and will change, the latest Mitek Systems (MITK) rating was a reiterated with a price target of $19.00 to $19.00. The current price Mitek Systems (MITK) is trading at is $12.10, which is out of the analyst’s predicted range.
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