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Mitek Systems (MITK): analyst forecast and price target
Analyst consensus
Strong Buy3 Buy0 Hold0 Sell
Ratings of 3 analysts in the last 3 months · top analysts only12-month forecast
Based on 3 price targets given in the last 3 months, the average target is $23.25, the highest $24.00, the lowest $22.50. The average is +44.3% from the last price of $16.11.
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI xAi Software - ApplicationxAI Grok-3 | TipRanks - xAI | $21.00 → $19.00−9.5% | Buy | +17.9% | Reiterated | 01.10.26on TipRanks Sep 30 23:05 | — | |
| AI DeepSeek Software - ApplicationDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $20.50 → $18.50−9.8% | Buy | +14.8% | Upgrade | 01.10.26on TipRanks Sep 30 23:05 | — | |
| AI OpenAI Software - ApplicationOpenAI 5.2 | TipRanks - OpenAI | $21.00 → $18.50−11.9% | Buy | +14.8% | Reiterated | 01.10.26on TipRanks Sep 30 23:05 | — | |
| AI Anthropic Software - ApplicationAnthropic Opus-4.5 | TipRanks - Anthropic | $19.50 → $17.50−10.3% | Hold | +8.6% | Reiterated | 01.10.26on TipRanks Sep 30 23:05 | — | |
| AI Google Software - ApplicationGemini 3-pro | TipRanks - Google | $21.50 → $19.00−11.6% | Buy | +17.9% | Reiterated | 01.10.26on TipRanks Sep 30 23:05 | — | |
| AI PerPlexity Software - ApplicationPerPlexity SonarPro | TipRanks - PerPlexity | $20.50 → $18.50−9.8% | Buy | +14.8% | Upgrade | 01.10.26on TipRanks Sep 30 23:05 | — | |
| George Sutton★★★★★★★★★★#203 · hits 52% · avg +29.3% | Craig-Hallum | $19.00 → $24.00+26.3% | Buy | +49.0% | Reiterated | 07.08.26on TipRanks 10:00 | +9.4%next day +0.4% · 5 days +4.7% | ↗ |
| Allen Klee★★★★★★★★★★#12402 · hits 29% · avg −15.3% | Maxim Group | $20.00 → $26.00+30.0% | Buy | +61.4% | Reiterated | 07.08.26on TipRanks 09:30 | +9.4%next day +0.4% · 5 days +4.7% | ↗ |
| Michael Grondahl★★★★★★★★★★#478 · hits 47% · avg +20.8% | Northland Securities | $17.00 → $22.50+32.4% | Buy | +39.7% | Reiterated | 07.08.26on TipRanks 09:30 | +9.4%next day +0.4% · 5 days +4.7% | ↗ |
| Jonathan Ho★★★★★★★★★★#1758 · hits 55% · avg +8.6% | William Blair | — | Buy | — | Reiterated | 07.08.26on TipRanks 05:25 | +9.4%next day +0.4% · 5 days +4.7% | ↗ |
| Surinder Thind★★★★★★★★★★#5522 · hits 45% · avg +1.5% | Jefferies | $11.00 → $15.00+36.4% | Buy | −6.9% | Upgrade | 13.02.26on TipRanks 05:20 | +16.3%next day +1.0% · 5 days −7.6% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering Mitek Systems
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $24.17 at a price of $17.05 (+41.7%); now: $24.17 at $16.11 (+50.0%).
PriceAverage targetTop analysts’ target
Recommendation trend · top analysts
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 5 | 5 | 4 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 29.10.26 (Q4 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $0.17 (from $0.12 to $0.22). Last quarter: $0.34.
Sales
Next quarter’s sales estimate — $45M (from $44M to $46M). Last quarter: $54M.
Best top-analyst consensus in the sector · Technology
About Mitek Systems
- CEO: Edward H. West
- Employees: 578
- 770 First Avenue, San Diego, CA, 92101, US
- www.miteksystems.com
Mitek Systems, Inc. (MITK) specializes in developing and offering mobile image capture and digital identity verification technologies globally, with operations spanning the United States, Europe, Latin America, and other international markets. These offerings are seamlessly integrated into native mobile applications and web browsers, streamlining digital interactions for users. Among its key products, Mitek provides: Mobile Deposit, enabling individuals and businesses to conveniently deposit checks remotely using their camera-equipped smartphones or tablets. Mobile Verify, an identity verification platform accessible across mobile apps, websites, and desktop applications. Mobile Fill, which enhances user experience through automatic image capture and minimizes clicks for expedited form completion. MiSnap, a mobile-capture software development kit (SDK) that ensures intuitive operation and high-quality image capture for both identity documents and checks. For financial institutions, Mitek offers a dedicated suite of check-related solutions: CheckReader automates data extraction from checks. Check Fraud Defender leverages AI and cloud capabilities to combat check fraud. Check Intelligence provides automatic data extraction from check images received through any deposit channel, from branches to ATMs, remote deposit capture, and mobile. Furthermore, the company's robust identity verification portfolio includes: ID_CLOUD, an automated system for reading and validating identity documents directly within a customer's application. IDLive Face, a passive solution for detecting facial liveness. IDVoice, an advanced AI-powered voice biometric engine. IDLive Voice, designed to prevent spoofing attacks on voice biometric systems. IDLive Doc, which helps counteract fraud associated with digitally displayed document images. Established in 1986, Mitek Systems, Inc. is headquartered in San Diego, California.
Data from the stock’s TipRanks forecast page, read 19 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗