Mitek Systems Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mitek Systems in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Mitek Systems stock.
View analyst ratings for Mitek Systems or view top-rated stocks.

Wall Street analysts have given Mitek Systems a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Mitek Systems wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Mitek Systems is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Mitek Systems.

Mitek Systems, Inc. (NASDAQ:MITK) released its quarterly earnings results on Thursday, July, 29th. The software maker reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.13. The software maker had revenue of $31.78 million for the quarter, compared to the consensus estimate of $29.74 million. Mitek Systems had a trailing twelve-month return on equity of 17.05% and a net margin of 9.53%.
View Mitek Systems' earnings history.

Mitek Systems' stock was trading at $7.64 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MITK stock has increased by 144.1% and is now trading at $18.65.
View which stocks have been most impacted by COVID-19.

4 brokers have issued 1-year price targets for Mitek Systems' shares. Their forecasts range from $20.00 to $28.00. On average, they expect Mitek Systems' stock price to reach $24.13 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price.
View analysts' price targets for Mitek Systems or view top-rated stocks among Wall Street analysts.

3 employees have rated Mitek Systems CEO Max Carnecchia on Glassdoor.com. Max Carnecchia has an approval rating of 69% among Mitek Systems' employees.

Some companies that are related to Mitek Systems include Corsair Gaming (CRSR), Markforged (MKFG), Stratasys (SSYS), HTC (HTCXF), Identiv (INVE), Corsair Partnering (CORS), Immersion (IMMR), RADCOM (RDCM), TransAct Technologies (TACT), Creative Technology (CREAF), AstroNova (ALOT), Interlink Electronics (LINK), IGO (IGOI), Point to Point Methodics (PPMH) and Digital China (DCHIF).
View all of MITK's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mitek Systems investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), salesforce.com (CRM), Intel (INTC), Square (SQ), AbbVie (ABBV), PayPal (PYPL) and Cisco Systems (CSCO).

Mitek Systems trades on the NASDAQ under the ticker symbol "MITK."

Mitek Systems' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.94%), Legal & General Group Plc (6.32%), Vanguard Group Inc. (5.51%), Toronado Partners LLC (5.26%), Blue Grotto Capital LLC (3.40%) and State Street Corp (2.75%). Company insiders that own Mitek Systems stock include Alex W Hart, Bruce Edward Hansen, Jane J Thompson, Jason Gray, Jeffrey C Davison, Michael E Diamond, Stephen Ritter and William K Aulet.
View institutional ownership trends for Mitek Systems.

MITK stock was sold by a variety of institutional investors in the last quarter, including Legal & General Group Plc, Royal Bank of Canada, Renaissance Technologies LLC, Globeflex Capital L P, BlackRock Inc., Charles Schwab Investment Management Inc., Susquehanna International Group LLP, and Prudential Financial Inc.. Company insiders that have sold Mitek Systems company stock in the last year include Alex W Hart, Jane J Thompson, Jason Gray, Jeffrey C Davison, Michael E Diamond, Stephen Ritter, and William K Aulet.
View insider buying and selling activity for Mitek Systems or view top insider-selling stocks.

MITK stock was purchased by a variety of institutional investors in the last quarter, including Cannell Peter B & Co. Inc., Jefferies Group LLC, Jefferies Group LLC, Impax Asset Management Group plc, Ranger Investment Management L.P., Avalon Investment & Advisory, Russell Investments Group Ltd., and Stadium Capital Management LLC.
View insider buying and selling activity for Mitek Systems or or view top insider-buying stocks.

Shares of MITK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of MITK stock can currently be purchased for approximately $18.65.

Mitek Systems has a market capitalization of $821.05 million and generates $101.31 million in revenue each year. The software maker earns $7.81 million in net income (profit) each year or $0.50 on an earnings per share basis.

Mitek Systems employs 355 workers across the globe.

The official website for Mitek Systems is www.miteksystems.com.

Mitek Systems is headquartered at 600 B STREET SUITE 100, SAN DIEGO CA, 92101.

Mitek Systems' mailing address is 600 B STREET SUITE 100, SAN DIEGO CA, 92101. The software maker can be reached via phone at (619) 269-6800 or via email at [email protected].