Mitek Systems, Inc. (MITK) Social Stream
MITEK SYSTEMS INC (MITK) Price Targets From Analysts
Use the tables below to see what analysts covering MITEK SYSTEMS INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-17 | 6 | $28 | $22 | $25 | $11.98 | 108.68% |
| 2021-12-08 | 6 | $28 | $22.001 | $25 | $11.98 | 108.68% |
| 2022-01-28 | 5 | $28 | $22.001 | $25 | $11.98 | 108.68% |
| 2022-03-31 | 4 | $28 | $22.001 | $25 | $11.98 | 108.68% |
| 2022-04-29 | 3 | $28 | $20 | $23.2 | $11.98 | 93.66% |
| 2022-05-20 | 4 | $28 | $17 | $21.8 | $11.98 | 81.97% |
| 2022-05-25 | 4 | $28 | $15 | $20.8 | $11.98 | 73.62% |
| 2022-07-21 | 4 | $28 | $15 | $20.5 | $11.98 | 71.12% |
| 2022-07-29 | 4 | $28 | $15 | $19.75 | $11.98 | 64.86% |
| 2022-08-19 | 5 | $21 | $15 | $18 | $11.98 | 50.25% |
| 2022-10-24 | 5 | $21 | $13.01 | $17.002 | $11.98 | 41.92% |
| 2022-10-25 | 5 | $21 | $13 | $17 | $11.98 | 41.9% |
| 2022-10-28 | 4 | $21 | $13 | $17.25 | $11.98 | 43.99% |
| 2023-07-03 | 5 | $21 | $13 | $17.25 | $11.98 | 43.99% |
| 2023-09-15 | 5 | $19 | $13 | $16 | $11.98 | 33.56% |
| 2023-10-27 | 5 | $23 | $13 | $17.75 | $11.98 | 48.16% |
| 2023-12-11 | 5 | $23 | $13.001 | $17.75 | $11.98 | 48.16% |
The Trend in the Analyst Price Target
Over the past 29 months, MITK's average price target has gone down $5.75.
MITK reports an average of 54.04% for its upside potential over the past 31 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-05-09 | 5 | 21 | 13.000 | 17.25 | 10.01 | 72.33% |
| 2023-06-30 | 5 | 21 | 13.000 | 17.25 | 10.84 | 59.13% |
| 2023-07-03 | 4 | 19 | 13.000 | 16.00 | 11.23 | 42.48% |
| 2023-10-02 | 5 | 23 | 13.000 | 17.75 | 10.56 | 68.09% |
| 2023-10-31 | 5 | 23 | 13.001 | 17.75 | 10.68 | 66.2% |
MITK Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 5 | 0 | 0 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
MITK's average broker recommendation rating improved by 0.67 over the prior 26 months.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- MITEK SYSTEMS INC's number of analysts covering the stock is greater than 346.68% of all US stocks.
- MITEK SYSTEMS INC's average analyst price target is greater than 463.88% of Computers stocks.
- In terms of how MITEK SYSTEMS INC fares relative to Computers stocks, note that its upside potential (average analyst target price relative to current price) is higher than 1572.35% of that group.
- MITK has a lower variance in analysts' estimates than -885.31% of Computers stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Computers industry with the ratings most similar to MITEK SYSTEMS INC are EVLV, MKFG, and ATEN.
View All Top Stocks by Price Target
What is the outlook for MITK? Use POWR Ratings for clearer insight into price direction.