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Mitek Systems Inc has a consensus price target of $14.25 based on the ratings of 4 analysts. The high is $15 issued by Jefferies on February 13, 2026. The low is $13 issued by HC Wainwright & Co. on February 11, 2025. The 3 most-recent analyst ratings were released by Jefferies, Maxim Group, and HC Wainwright & Co. on February 13, 2026, February 11, 2025, and February 11, 2025, respectively. With an average price target of $14 between Jefferies, Maxim Group, and HC Wainwright & Co., there's an implied -12.23% downside for Mitek Systems Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Mitek Systems (NASDAQ:MITK) was reported by Jefferies on February 13, 2026. The analyst firm set a price target for $15.00 expecting MITK to fall to within 12 months (a possible -5.96% downside). 1 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 upgraded their buy rating.
The last upgrade for Mitek Systems Inc happened on February 13, 2026 when Jefferies raised their price target to $15. Jefferies previously had a hold for Mitek Systems Inc.
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 13, 2026 so you should expect the next rating to be made available sometime around February 13, 2027.
While ratings are subjective and will change, the latest Mitek Systems (MITK) rating was a upgraded with a price target of $11.00 to $15.00. The current price Mitek Systems (MITK) is trading at is $15.95, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 02/13/2026 | Buy Now | -5.96% | Jefferies | $11 → $15 | Upgrade | Hold → Buy | Get Alert |
| 02/11/2025 | Buy Now | -12.23% | Maxim Group | $13 → $14 | Maintains | Buy | Get Alert |
| 02/11/2025 | Buy Now | -18.5% | HC Wainwright & Co. | $13 → $13 | Reiterates | Buy → Buy | Get Alert |
| 12/17/2024 | Buy Now | -18.5% | HC Wainwright & Co. | $11 → $13 | Maintains | Buy | Get Alert |
| 09/04/2024 | Buy Now | -40.44% | Jefferies | $17 → $9.5 | Downgrade | Buy → Hold | Get Alert |
| 08/12/2024 | Buy Now | -31.03% | HC Wainwright & Co. | $19 → $11 | Maintains | Buy | Get Alert |
| 08/12/2024 | Buy Now | -18.5% | Maxim Group | $23 → $13 | Maintains | Buy | Get Alert |
| 08/09/2024 | Buy Now | -5.96% | Craig-Hallum | $19 → $15 | Maintains | Buy | Get Alert |
| 05/14/2024 | Buy Now | 19.12% | HC Wainwright & Co. | $19 → $19 | Reiterates | Buy → Buy | Get Alert |
| 04/16/2024 | Buy Now | 19.12% | HC Wainwright & Co. | $19 → $19 | Reiterates | Buy → Buy | Get Alert |
| 04/16/2024 | Buy Now | 19.12% | Craig-Hallum | $17 → $19 | Maintains | Buy | Get Alert |
| 03/20/2024 | Buy Now | 19.12% | HC Wainwright & Co. | $19 → $19 | Reiterates | Buy → Buy | Get Alert |
| 12/14/2023 | Buy Now | 6.58% | Craig-Hallum | → $17 | Initiates | → Buy | Get Alert |
| 09/15/2023 | Buy Now | 19.12% | HC Wainwright & Co. | → $19 | Reiterates | Buy → Buy | Get Alert |
| 07/03/2023 | Buy Now | 19.12% | HC Wainwright & Co. | → $19 | Reiterates | Buy → Buy | Get Alert |
| 06/15/2023 | Buy Now | 19.12% | HC Wainwright & Co. | → $19 | Reiterates | Buy → Buy | Get Alert |