The latest price target for Mitek Systems (NASDAQ:MITK) was reported by Jefferies on September 4, 2024. The analyst firm set a price target for $9.50 expecting MITK to rise to within 12 months (a possible 7.34% upside). 9 analyst firms have reported ratings in the last year.

The latest analyst rating for Mitek Systems (NASDAQ:MITK) was provided by Jefferies, and Mitek Systems downgraded their hold 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 September 4, 2024 so you should expect the next rating to be made available sometime around September 4, 2025.

While ratings are subjective and will change, the latest Mitek Systems (MITK) rating was a downgraded with a price target of $17.00 to $9.50. The current price Mitek Systems (MITK) is trading at is $8.85, which is out of the analyst’s predicted range.