Mitek Systems Inc
NASDAQ:MITK

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Mitek Systems Inc
NASDAQ:MITK
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Price: 16.78 USD -1.35%
Market Cap: $757.8m

Wall St Price Targets

MITK Price Targets Summary
Mitek Systems Inc

Wall Street analysts forecast MITK stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MITK is 18.87 USD with a low forecast of 17.17 USD and a high forecast of 21 USD.

Lowest Forecast
Price Target
17.17 USD
2% Upside
Average Forecast
Price Target
18.87 USD
12% Upside
Highest Forecast
Price Target
21 USD
25% Upside
Mitek Systems Inc Competitors:
Price Targets
8975
Ichigo Office REIT Investment Corp
15% Upside
SKE
Skeena Resources Ltd
48% Upside
RDN
Radian Group Inc
7% Upside

Revenue
Forecast

26% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
26% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 13 years, the compound annual growth rate for Revenue has been 26%. The projected CAGR for the next 3 years is 10%.

Gross Profit
Forecast

26% / Year
Past Growth
8% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
26% / Year
Past Growth
8% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss

Over the last 13 years, the compound annual growth rate for Gross Profit has been 26%. The projected CAGR for the next 3 years is 8%.

Operating Income
Forecast

N/A
Past Growth
60% / Year
Estimated Growth
Estimates Accuracy
-49%
Average Miss
N/A
Past Growth
60% / Year
Estimated Growth
Estimates Accuracy
-49%
Average Miss

The compound annual growth rate for Operating Income over the next 3 years is 60%.

Pre-Tax Income
Forecast

N/A
Past Growth
51% / Year
Estimated Growth
Estimates Accuracy
-62%
Average Miss
N/A
Past Growth
51% / Year
Estimated Growth
Estimates Accuracy
-62%
Average Miss

The compound annual growth rate for Pre-Tax Income over the next 3 years is 51%.

Net Income
Forecast

N/A
Past Growth
98% / Year
Estimated Growth
Estimates Accuracy
-72%
Average Miss
N/A
Past Growth
98% / Year
Estimated Growth
Estimates Accuracy
-72%
Average Miss

The compound annual growth rate for Net Income over the next 3 years is 98%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is MITK's stock price target?
Price Target
18.87 USD

According to Wall Street analysts, the average 1-year price target for MITK is 18.87 USD with a low forecast of 17.17 USD and a high forecast of 21 USD.

What is the Revenue forecast for Mitek Systems Inc?
Projected CAGR
10%

Over the last 13 years, the compound annual growth rate for Revenue has been 26%. The projected CAGR for the next 3 years is 10%.

What is the Gross Profit forecast for Mitek Systems Inc?
Projected CAGR
8%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 26%. The projected CAGR for the next 3 years is 8%.

What is the Operating Income forecast for Mitek Systems Inc?
Projected CAGR
60%

The compound annual growth rate for Operating Income over the next 3 years is 60%.

What is the Pre-Tax Income forecast for Mitek Systems Inc?
Projected CAGR
51%

The compound annual growth rate for Pre-Tax Income over the next 3 years is 51%.

What is the Net Income forecast for Mitek Systems Inc?
Projected CAGR
98%

The compound annual growth rate for Net Income over the next 3 years is 98%.

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