Mitek Systems Inc (MITK) Stock Forecast & Price Target
Mitek Systems Inc · NASDAQ
$16.77-0.23 (-1.38%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 1 firms covering Mitek Systems Inc, 1 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $15.00 to $15.00, so the covering firms are broadly aligned. The average target of $15.00 sits 11% below the current $16.77. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.19 next quarter toward $1.21 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS1 ratings
Moderate Buy
Strong Buy00%
Buy1100%
Hold00%
Sell00%
Strong Sell00%
Based on 1 analysts giving stock ratings to Mitek Systems Inc.
As of Jul, 1 of 1 firms rate MITK a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MITK EPS & revenue forecast
EPS · NEXT QUARTER
$0.19
Range $0.15 – $0.25 · 5 analysts · -19% YoY
Next period, 5 analysts expect Mitek Systems Inc to earn $0.19 a share (range $0.15 – $0.25), versus $0.24 a year earlier. Full-year consensus is $1.11, growing to $1.21 the year after.
REVENUE · NEXT QUARTER
$44.6M
Range $43.4M – $46.6M · 5 analysts · -0% YoY
Revenue is expected to reach $44.6M (range $43.4M – $46.6M), -0.4% year-over-year. Full-year consensus is $194.5M, rising to $210.7M next year.
Top analysts covering Mitek Systems Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MITK.
#1
Scott Buck
HC Wainwright & Co. · Rank #351
Buy
$13.00-22.5% to target
Overall win rate
22%
+ Follow
#2
Allen Klee
Maxim Group · Rank #380
Buy
$14.00-16.5% to target
Overall win rate
18%
+ Follow
#3
Surinder Thind
Jefferies
Buy
$15.00-10.6% to target
Coverage
—
+ Follow
#4
CB
Chad Bennett
Craig-Hallum
Buy
$15.00-10.6% to target
Coverage
—
+ Follow
MITK stock forecast FAQ
What is MITK's average 12-month price target?+
The 1 analysts with a live target average $15.00 for Mitek Systems Inc over the next 12 months, ranging from a $15.00 high to a $15.00 low.
Is MITK stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 1 analyst ratings, 1 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
How many Wall Street analysts cover MITK?+
1 analysts have an active rating on Mitek Systems Inc, and 1 firms carry a live 12-month price target.
Who is the most accurate analyst covering MITK?+
Among analysts who currently cover MITK, Scott Buck of HC Wainwright & Co. has the strongest overall Quantellect track record (Rank #351). Their current call is Buy with a $13.00 target.
What is Mitek Systems Inc's projected EPS for next quarter?+
The consensus estimate is $0.19 per share (range $0.15 – $0.25) across 5 analysts. Full-year EPS is projected at $1.11, rising to $1.21 the following year.
How much revenue is Mitek Systems Inc expected to report next quarter?+
Consensus revenue is $44.6M (range $43.4M – $46.6M). Full-year revenue is projected at $194.5M, growing to $210.7M next year.
Have analysts been upgrading or downgrading MITK lately?+
As of Jul, 1 of 1 firms rate MITK a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MITK calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
