8.67
price up icon1.40%   0.12
after-market After Hours: 8.35 -0.32 -3.69%
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Mitek Systems Inc Stock (MITK) Forecast

The Mitek Systems Inc (MITK) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $10.82, representing a +24.80% increase from the current price of $8.67. The highest analyst price target is $11.79, and the lowest is $9.8503.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month MITK Price Target
Average 11.27 (+30.00% Upside)
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Is Mitek Systems Inc (MITK) A Buy Now?

Oscillators
Name Value Action
RSI(14) 45.85 Neutral
STOCH(9,6) 33.93 Neutral
STOCHRSI(14) 88.66 Sell
MACD(12,26) -0.264 Buy
ADX(14) 28.26 Sell
William %R -33.92 Neutral
CCI(14) 55.19 Neutral
Buy: 1 Sell: 2 Neutral: 4
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
8.588
Buy
8.5604
Buy
MA20
8.522
Buy
8.6921
Sell
MA50
9.7543
Sell
9.48
Sell
MA100
10.92
Sell
10.40
Sell
MA200
11.78
Sell
11.01
Sell
Buy: 3 Sell: 7 Neutral: 0
Summary: Sell
According to our latest analysis, MITK could be considered a Strong Sell, with 17 technical analysis indicators signaling 4 Buy signals, 9 signaling Sell signals and 4 Neutral signals. This might not be a good time to consider opening new positions on MITK, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 45.85 indicates that MITK is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 33.93 indicates that MITK is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 88.66 indicates that MITK is oversold. This suggests that MITK price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 28.26 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 55.19 indicates that MITK is still overbought but not to an extreme extent.

Long-term MITK price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Mitek Systems Inc financial reports and earnings history, Mitek Systems Inc (MITK) stock could reach $14.22 by 2030, $15.74 by 2040 and $25.07 by 2050. See the projected annual prices until 2050 of the Mitek Systems Inc stock below:

  • Mitek Systems Inc (MITK) is expected to reach an average price of $15.40 in 2035, with a high prediction of $15.51 and a low estimate of $14.40. This indicates an $77.57% rise from the last recorded price of $8.67.
  • Mitek Systems Inc (MITK) stock is projected to chart a bullish course in 2040, with an average price target of $15.18, representing an $75.05% surge from its current level. The forecast ranges from a conservative $14.93 to a sky-high $15.74.
  • Our analysts predict Mitek Systems Inc (MITK) to jump 114.09% by 2045, soaring from $17.15 to an average price of $18.56, potentially reaching $19.18. While $17.15 is the low estimate, the potential upside is significant.
  • Mitek Systems Inc (MITK) stock is expected to climb by 2050, reaching an average of $24.74, a $185.31% jump from its current level. However, a wide range of estimates exists, with high and low targets of $25.07 and $23.51, respectively, highlighting the market's uncertainty.

Mitek Systems Inc Stock (MITK) Year by Year Forecast

Mitek Systems Inc Stock (MITK) Price Forecast for 2024

Our forecast for MITK stock price in 2024 now indicates an average price target of $12.52 with a high forecast of $16.24 and a low forecast of $8.8045. The average prediction reflects an increase of +44.43% from the last recorded price of $8.67.
Month Average Low High Change from today's price
November, 2024 $9.9403 $9.8503 $11.79 +14.65%
December, 2024 $9.1945 $8.8045 $10.07 +6.05%

Mitek Systems Inc Stock (MITK) Price Forecast for 2025

Mitek Systems Inc Stock (MITK) is expected to reach an average price of $11.76 in 2025, with a high prediction of $16.40 and a low estimate of $7.1212. This indicates an +35.63% rise from the last recorded price of $8.67.
Month Average Low High Change from today's price
January, 2025 $9.6947 $8.9266 $9.7926 +11.82%
February, 2025 $11.62 $9.5807 $12.35 +34.01%
March, 2025 $10.46 $10.42 $12.08 +20.62%
April, 2025 $9.6383 $7.1212 $10.92 +11.17%
May, 2025 $9.9074 $9.2143 $10.19 +14.27%
June, 2025 $10.85 $10.28 $11.67 +25.16%
July, 2025 $11.75 $10.71 $12.50 +35.49%
August, 2025 $10.78 $10.70 $11.75 +24.35%
September, 2025 $13.17 $10.94 $13.37 +51.91%
October, 2025 $13.65 $12.70 $15.42 +57.44%
November, 2025 $14.63 $13.03 $15.16 +68.80%
December, 2025 $14.35 $14.16 $16.40 +65.51%

Mitek Systems Inc Stock (MITK) Price Forecast for 2026

The predicted value for Mitek Systems Inc (MITK) in 2026 is set at an average of $19.21. Estimates vary from a peak of $25.24 to a trough of $13.17, indicating an +121.53% surge from the present price of $8.67.
Month Average Low High Change from today's price
January, 2026 $13.74 $13.17 $17.00 +58.52%
February, 2026 $19.55 $13.18 $19.58 +125.47%
March, 2026 $18.84 $17.71 $21.79 +117.33%
April, 2026 $18.27 $16.67 $21.25 +110.70%
May, 2026 $17.19 $15.44 $19.12 +98.29%
June, 2026 $17.20 $15.45 $17.74 +98.34%
July, 2026 $18.10 $16.36 $18.97 +108.78%
August, 2026 $20.75 $17.93 $20.88 +139.28%
September, 2026 $20.64 $19.91 $21.78 +138.07%
October, 2026 $23.20 $19.51 $24.87 +167.64%
November, 2026 $24.32 $22.20 $24.68 +180.49%
December, 2026 $20.46 $19.88 $25.24 +136.03%

Mitek Systems Inc Stock (MITK) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Mitek Systems Inc (MITK) is $16.35, with a high forecast of $22.38 and a low forecast of $10.32. This indicates an +88.58% increase from the last price of $8.67.
Month Average Low High Change from today's price
January, 2027 $21.15 $19.86 $21.61 +143.92%
February, 2027 $19.97 $18.56 $22.38 +130.36%
March, 2027 $18.47 $18.05 $20.09 +113.01%
April, 2027 $18.21 $18.02 $19.89 +110.06%
May, 2027 $17.72 $16.67 $18.98 +104.34%
June, 2027 $16.02 $15.63 $18.33 +84.79%
July, 2027 $16.66 $15.57 $17.30 +92.10%
August, 2027 $14.91 $14.78 $17.19 +71.97%
September, 2027 $11.26 $10.53 $15.38 +29.93%
October, 2027 $10.74 $10.32 $12.08 +23.86%
November, 2027 $11.86 $10.60 $12.19 +36.83%
December, 2027 $13.64 $10.79 $13.74 +57.31%

Mitek Systems Inc Stock (MITK) Price Forecast for 2028

In 2028, Mitek Systems Inc (MITK) is projected to reach an average price of $12.31, with a high projection of $13.98 and a low estimate of $10.64. This indicates an +41.98% rise from the last price of $8.67.
Month Average Low High Change from today's price
January, 2028 $11.81 $11.71 $13.66 +36.25%
February, 2028 $11.18 $11.10 $12.32 +28.91%
March, 2028 $13.33 $11.29 $13.35 +53.77%
April, 2028 $12.74 $12.38 $13.98 +46.90%
May, 2028 $12.07 $11.45 $13.23 +39.23%
June, 2028 $11.79 $11.50 $12.43 +35.94%
July, 2028 $11.72 $11.51 $13.11 +35.18%
August, 2028 $10.80 $10.64 $12.08 +24.62%
September, 2028 $11.34 $10.70 $11.68 +30.79%
October, 2028 $11.04 $10.83 $11.48 +27.37%
November, 2028 $12.48 $11.01 $12.58 +43.93%
December, 2028 $12.90 $12.12 $13.30 +48.82%

Mitek Systems Inc Stock (MITK) Price Forecast for 2029

The 2029 price forecast for Mitek Systems Inc Stock (MITK) is $14.95 on average, with a high prediction of $18.35 and a low estimate of $11.55. This represents an +72.47% increase from the previous price of $8.67.
Month Average Low High Change from today's price
January, 2029 $12.28 $12.18 $13.55 +41.61%
February, 2029 $12.86 $12.22 $14.73 +48.35%
March, 2029 $14.00 $12.87 $16.06 +61.43%
April, 2029 $12.54 $12.29 $14.15 +44.64%
May, 2029 $12.64 $11.55 $12.98 +45.74%
June, 2029 $13.44 $12.46 $13.67 +55.02%
July, 2029 $15.13 $12.65 $15.53 +74.56%
August, 2029 $14.70 $13.72 $15.20 +69.54%
September, 2029 $13.66 $13.57 $15.14 +57.59%
October, 2029 $14.65 $13.26 $14.88 +68.96%
November, 2029 $14.29 $13.94 $18.35 +64.85%
December, 2029 $14.29 $14.09 $15.39 +64.82%

Mitek Systems Inc Stock (MITK) Price Forecast for 2030

Mitek Systems Inc Stock (MITK) is expected to reach an average price of $12.02 in 2030, with a high forecast of $15.06 and a low forecast of $8.9823. This signifies an +38.63% surge from the last price of $8.67.
Month Average Low High Change from today's price
January, 2030 $13.08 $12.90 $14.22 +50.81%
February, 2030 $13.69 $12.88 $13.84 +57.94%
March, 2030 $13.68 $13.63 $15.06 +57.75%
April, 2030 $13.77 $12.93 $13.80 +58.77%
May, 2030 $13.34 $12.81 $13.91 +53.87%
June, 2030 $13.26 $12.98 $13.96 +52.99%
July, 2030 $10.91 $10.72 $13.63 +25.89%
August, 2030 $11.34 $10.65 $11.58 +30.83%
September, 2030 $12.14 $11.19 $12.60 +40.04%
October, 2030 $13.63 $12.08 $14.21 +57.23%
November, 2030 $10.85 $10.50 $13.93 +25.09%
December, 2030 $11.22 $8.9823 $11.92 +29.40%
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Cap:     |  Volume (24h):