The latest price target for Mitek Systems (NASDAQ:MITK) was reported by Maxim Group on February 11, 2025. The analyst firm set a price target for $14.00 expecting MITK to rise to within 12 months (a possible 52.77% upside). 11 analyst firms have reported ratings in the last year.

The latest analyst rating for Mitek Systems (NASDAQ:MITK) was provided by Maxim Group, and Mitek Systems maintained their buy rating.

There is no last upgrade for Mitek Systems

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.

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 February 11, 2025 so you should expect the next rating to be made available sometime around February 11, 2026.

While ratings are subjective and will change, the latest Mitek Systems (MITK) rating was a maintained with a price target of $13.00 to $14.00. The current price Mitek Systems (MITK) is trading at is $9.16, which is out of the analyst’s predicted range.