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Mitek Systems Inc
NASDAQ:MITK

Watchlist Manager
Mitek Systems Inc Logo
Mitek Systems Inc
NASDAQ:MITK
Watchlist
Price: 12.66 USD -2.16% Market Closed
Updated: Apr 25, 2024

Wall Street
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 19.58 USD with a low forecast of 17.17 USD and a high forecast of 24.15 USD.

Lowest
Price Target
17.17 USD
36% Upside
Average
Price Target
19.58 USD
55% Upside
Highest
Price Target
24.15 USD
91% Upside
Mitek Systems Inc Competitors:
Price Targets
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SEMR
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WK
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SPT
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RUL
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5% Downside

Revenue
Forecast

Revenue Estimate
Mitek Systems Inc

For the last 8 years the compound annual growth rate for Mitek Systems Inc's revenue is 27%. The projected CAGR for the next 2 years is 10%.

27%
Past Growth
10%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Mitek Systems Inc

For the last 8 years the compound annual growth rate for Mitek Systems Inc's operating income is 26%. The projected CAGR for the next 2 years is 65%.

26%
Past Growth
65%
Estimated Growth
Estimates Accuracy
-51%
Average Miss

Net Income
Forecast

Net Income Estimate
Mitek Systems Inc

For the last 8 years the compound annual growth rate for Mitek Systems Inc's net income is 16%. The projected CAGR for the next 2 years is 166%.

16%
Past Growth
166%
Estimated Growth
Estimates Accuracy
-77%
Average Miss

See Also

Discover More
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 is available on other sites you are seeing are mostly from the sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for MITK is 19.58 USD with a low forecast of 17.17 USD and a high forecast of 24.15 USD.

What is Mitek Systems Inc's Revenue forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for Mitek Systems Inc's revenue is 27%. The projected CAGR for the next 2 years is 10%.

What is Mitek Systems Inc's Operating Income forecast?
Projected CAGR
65%

For the last 8 years the compound annual growth rate for Mitek Systems Inc's operating income is 26%. The projected CAGR for the next 2 years is 65%.

What is Mitek Systems Inc's Net Income forecast?
Projected CAGR
166%

For the last 8 years the compound annual growth rate for Mitek Systems Inc's net income is 16%. The projected CAGR for the next 2 years is 166%.