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Mitek Systems Inc (MITK)
NASDAQ:MITK
Holding MITK?
Track your performance easily
See the Price Targets and Ratings of:
MITK Analyst Ratings
Moderate Buy
2 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
MITK Stock 12 Month Forecast
Average Price Target
$9.50
▲(1.71% Upside)
| Highest Price Target$9.50 | Average Price Target$9.50 | Lowest Price Target$9.50 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Craig-Hallum
Assigned
10/02/24
William Blair
Reiterated
10/02/24
Jefferies
Assigned
09/04/24
H.C. Wainwright
$19→$11
Buy
17.77%
Upside
Reiterated
08/12/24
Mitek Systems: Buy Rating Affirmed Amidst Strategic Repositioning and Solid Capital Buffer
Northland Securities
$18→$13
Buy
39.19%
Upside
Reiterated
08/09/24
Analysts' Top Technology Picks: Mitek Systems (MITK), Five9 (FIVN)
Maxim Group
―
Buy
―
Reiterated
08/09/24
Mitek Systems: Long-Term Growth Trends Counterbalance Short-Term Setbacks
Best Analysts Covering Mitek Systems
Which Analyst Should I Follow If I Want to Buy MITK and Sell After:
1 Month
xxx
Success Rate
9/18 ratings generated profit
Average Return
-0.53%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 50.00% of your transactions generating a profit, with an average return of -0.53% per trade.
3 Months
xxx
Success Rate
14/18 ratings generated profit
Average Return
+7.86%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 77.78% of your transactions generating a profit, with an average return of +7.86% per trade.
1 Year
Success Rate
9/18 ratings generated profit
Average Return
+8.31%
reiterated a buy rating 4 months ago
Copying Michael Grondahl's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +8.31% per trade.
2 Years
xxx
Success Rate
7/18 ratings generated profit
Average Return
+5.91%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 38.89% of your transactions generating a profit, with an average return of +5.91% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
MITK Analyst Recommendation Trends
Rating
Apr 24
May 24
Aug 24
Sep 24
Oct 24
Strong Buy
4
5
4
2
1
Buy
11
15
14
12
8
Hold
0
0
0
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
15
20
18
15
10
Each month's total comprises the sum of three months' worth of ratings.
MITK Financial Forecast
MITK Stock Forecast FAQ
What is MITK’s average 12-month price target, according to analysts?
Based on analyst ratings, Mitek Systems Inc’s 12-month average price target is $9.50.
What is MITK’s upside potential, based on the analysts’ average price target?
Mitek Systems Inc has 1.71% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is MITK a Buy, Sell or Hold?
Mitek Systems Inc has a consensus rating of Moderate Buy which is based on 2 buy ratings, 1 hold ratings and 0 sell ratings.
What is Mitek Systems Inc’s price target?
The average price target for Mitek Systems Inc is $9.50. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $9.50 ,the lowest forecast is $9.50. The average price target represents 1.71% Increase from the current price of $9.34.
The highest analyst price target is $9.50 ,the lowest forecast is $9.50. The average price target represents 1.71% Increase from the current price of $9.34.
What do analysts say about Mitek Systems Inc?
Mitek Systems Inc’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 3 Wall Streets Analysts.
How can I buy shares of MITK?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.