Mitek Systems
(NASDAQ:MITK)
$12.10
-0.07[-0.58%]
Last update: 11:06AM Get Real Time Here
Q1 2024 Earnings were released on Mon Apr 15th, after the market close
The most recent conference call was at 17:00 PM, 3 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$19.00
Lowest Price Target1
$13.00
Consensus Price Target1
$17.00

Mitek Systems Stock (NASDAQ:MITK), Analyst Ratings, Price Targets, Predictions

Mitek Systems Inc has a consensus price target of $17, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from Craig-Hallum, HC Wainwright & Co., and HC Wainwright & Co. on April 16, 2024, April 16, 2024, and March 20, 2024. With an average price target of $19 between Craig-Hallum, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 57.02% upside for Mitek Systems Inc from these 3 analyst ratings.

Analyst Trend
1
Dec 23
1
Mar
2
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Craig-Hallum
HC Wainwright & Co.
Jefferies

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Mitek Systems

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/16/2024MITKBuy Now
Mitek Systems
$12.1057.02%Craig-Hallum
Chad Bennett
$17 → $19MaintainsBuyGet Alert
04/16/2024MITKBuy Now
Mitek Systems
$12.1057.02%HC Wainwright & Co.
Scott Buck
→ $19ReiteratesBuy → BuyGet Alert
03/20/2024MITKBuy Now
Mitek Systems
$12.1057.02%HC Wainwright & Co.
Scott Buck
→ $19ReiteratesBuy → BuyGet Alert
12/14/2023MITKBuy Now
Mitek Systems
$12.1040.5%Craig-Hallum
Chad Bennett
→ $17Initiates → BuyGet Alert
09/15/2023MITKBuy Now
Mitek Systems
$12.1057.02%HC Wainwright & Co.
Scott Buck
→ $19ReiteratesBuy → BuyGet Alert
07/03/2023MITKBuy Now
Mitek Systems
$12.1057.02%HC Wainwright & Co.
Scott Buck
→ $19ReiteratesBuy → BuyGet Alert
06/15/2023MITKBuy Now
Mitek Systems
$12.1057.02%HC Wainwright & Co.
Scott Buck
→ $19ReiteratesBuy → BuyGet Alert
05/09/2023MITKBuy Now
Mitek Systems
$12.1057.02%HC Wainwright & Co.
Scott Buck
→ $19Reiterates → BuyGet Alert
10/25/2022MITKBuy Now
Mitek Systems
$12.107.44%Jefferies
Stephanie Moore
→ $13Assumes → BuyGet Alert
07/29/2022MITKBuy Now
Mitek Systems
$12.1057.02%HC Wainwright & Co.
Scott Buck
$22 → $19MaintainsBuyGet Alert
04/29/2022MITKBuy Now
Mitek Systems
$12.1081.82%HC Wainwright & Co.
Scott Buck
$27 → $22MaintainsBuyGet Alert
08/12/2021MITKBuy Now
Mitek Systems
$12.10123.14%HC Wainwright & Co.
Scott Buck
Initiates → BuyGet Alert

FAQ

Q

What is the target price for Mitek Systems (MITK)?

A

The latest price target for Mitek Systems (NASDAQ: MITK) was reported by Craig-Hallum on April 16, 2024. The analyst firm set a price target for $19.00 expecting MITK to rise to within 12 months (a possible 57.02% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Mitek Systems (MITK)?

A

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

Q

When was the last upgrade for Mitek Systems (MITK)?

A

There is no last upgrade for Mitek Systems.

Q

When was the last downgrade for Mitek Systems (MITK)?

A

There is no last downgrade for Mitek Systems.

Q

When is the next analyst rating going to be posted or updated for Mitek Systems (MITK)?

A

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 April 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.

Q

Is the Analyst Rating Mitek Systems (MITK) correct?

A

While ratings are subjective and will change, the latest Mitek Systems (MITK) rating was a maintained with a price target of $17.00 to $19.00. The current price Mitek Systems (MITK) is trading at is $12.10, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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