Mitek Systems Inc
NASDAQ:MITK

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Mitek Systems Inc
NASDAQ:MITK
Watchlist
Price: 11.69 USD 19.04% Market Closed
Market Cap: $533.6m

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 14.03 USD with a low forecast of 11.11 USD and a high forecast of 17.85 USD.

Lowest
Price Target
11.11 USD
5% Downside
Average
Price Target
14.03 USD
20% Upside
Highest
Price Target
17.85 USD
53% Upside
Mitek Systems Inc Competitors:
Price Targets
LIND
Lindblad Expeditions Holdings Inc
0% Upside
BLND
Blend Labs Inc
126% Upside
GIL
Gildan Activewear Inc
-26% Downside
BFLY
Butterfly Network Inc
44% Upside

Revenue
Forecast

23% / Year
Past Growth
8% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
23% / Year
Past Growth
8% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

For the last 14 years the compound annual growth rate for Mitek Systems Inc's revenue is 23%. The projected CAGR for the next 2 years is 8%.

Operating Income
Forecast

35% / Year
Past Growth
60% / Year
Estimated Growth
Estimates Accuracy
-49%
Average Miss
35% / Year
Past Growth
60% / Year
Estimated Growth
Estimates Accuracy
-49%
Average Miss

For the last 14 years the compound annual growth rate for Mitek Systems Inc's operating income is 35%. The projected CAGR for the next 2 years is 60%.

Net Income
Forecast

N/A
Past Growth
141% / Year
Estimated Growth
Estimates Accuracy
-75%
Average Miss
N/A
Past Growth
141% / Year
Estimated Growth
Estimates Accuracy
-75%
Average Miss

The compound annual growth rate of Mitek Systems Inc's net income for the next 2 years is 141%.

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
14.03 USD

According to Wall Street analysts, the average 1-year price target for MITK is 14.03 USD with a low forecast of 11.11 USD and a high forecast of 17.85 USD.

What is Mitek Systems Inc's Revenue forecast?
Projected CAGR
8%

For the last 14 years the compound annual growth rate for Mitek Systems Inc's revenue is 23%. The projected CAGR for the next 2 years is 8%.

What is Mitek Systems Inc's Operating Income forecast?
Projected CAGR
60%

For the last 14 years the compound annual growth rate for Mitek Systems Inc's operating income is 35%. The projected CAGR for the next 2 years is 60%.

What is Mitek Systems Inc's Net Income forecast?
Projected CAGR
141%

The compound annual growth rate of Mitek Systems Inc's net income for the next 2 years is 141%.

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