Published

20 Jul 25

Updated

13 Jun 26

Views

36

Not Invested

Mitek SystemsMITK

Fair Value

US$20

Share price13 Jun

US$16.716.5% undervalued

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1Y89.77%

7D-1.01%

Digital Banking Expansion Will Boost AI-powered Verification In Regulated Sectors

AN

AnalystHighTarget

Analyst High Target compiles bullish analysts opinions to create narratives which represent one standard deviation above the consensus price target, using forecasted revenue and earnings figures, as well as the transcripts of earnings calls

Published

20 Jul 25

Updated

13 Jun 26

Views

36

Not Invested

Shared on 13 Jun 26

Fair value Increased 18%

MITK: FICO Integration And Higher Margins Will Support Future P/E

Mitek’s identity checks are now available inside FICO’s platform, which could make it easier for banks and other businesses to spot fraud earlier and streamline how new customers sign up. The company also guides to higher revenue ahead, and analysts lift their view as they expect stronger profitability.

3 views

Shared on 07 Apr 26

MITK: Jefferies Upgrade And Buybacks Will Support Higher Future P/E

Analysts have reaffirmed their price target on Mitek Systems at $17.00, reflecting updated views on discount rate, revenue growth, profit margins and future P/E following recent research that includes an upgrade at a major brokerage firm. Analyst Commentary Recent research highlights a more constructive tone on Mitek Systems, with bullish analysts pointing to the reaffirmed US$17.00 price target as consistent with updated assumptions on discount rate, revenue growth, profit margins and future P/E.

3 views

Shared on 24 Mar 26

MITK: Jefferies Upgrade And Buybacks Will Support Higher Future Multiple

Analysts now set their price target for Mitek Systems at $17.00, in line with the prior $17 level, citing updated assumptions around discount rate, revenue growth, profit margin, and future P/E that underpin recent research such as the upgrade at Jefferies. Analyst Commentary Recent bullish analysts highlight that the reaffirmed US$17.00 price target reflects updated assumptions around discount rate, revenue growth, profit margin, and future P/E.

5 views

Shared on 24 Feb 26

MITK: Jefferies Upgrade And Buybacks Will Support Higher Future Multiple

Analysts have raised their $17.00 price target for Mitek Systems, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple following recent research, including the Jefferies upgrade. Analyst Commentary Recent research has framed the higher $17.00 price target as part of a broader shift in how bullish analysts view Mitek Systems.

6 views

Shared on 09 Feb 26

MITK: Share Repurchases And Guidance Will Support A Higher Future Multiple

Analysts have maintained their price target on Mitek Systems at $17.00, pointing to updated views on discount rates, revenue growth, profit margins, and a much higher assumed future P/E multiple of 61.12x that together adjust how they frame potential risk and reward for the stock. What's in the News Mitek Systems, Inc.

2 views

Shared on 25 Jan 26

Fair value Increased 13%

MITK: Higher Margins And Buybacks Will Support A Re Rating

Analysts have adjusted their price target on Mitek Systems from US$15 to US$17, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations as key drivers of the change. What's in the News Mitek issued earnings guidance for full year 2025, with total revenue of US$179.7 million compared to US$172.1 million a year ago and GAAP net income of US$8.8 million compared to US$3.3 million, or US$0.19 GAAP net income per diluted share compared to US$0.07 (Corporate Guidance) For the fourth quarter of 2025, the company reported total revenue of US$44.8 million compared to US$43.2 million a year ago, GAAP net income of US$1.9 million compared to US$8.6 million, and GAAP net income per diluted share of US$0.04 compared to US$0.18 (Corporate Guidance) Between July 1, 2025 and December 10, 2025, Mitek repurchased 1,029,636 shares, representing 2.26% of shares, for US$9.27 million under its existing buyback program (Buyback Tranche Update) Under the buyback announced on May 13, 2024, the company has in total repurchased 3,640,518 shares, representing 7.91% of shares, for US$36.63 million (Buyback Tranche Update) Valuation Changes Fair Value Estimate raised from US$15 to US$17 per share.

2 views

Fair Value vs Share Price

US$20

vs US$16.716.5% undervalued

8.6%

Revenue growth

13.8%

Profit margin

Recent News & Updates

No updates

Recent updates

No updates

Stay ahead on Mitek Systems

Fair value estimate changes
Narrative and analyst updates
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Company analysis

Solid track record with excellent balance sheet.

Market capUS$770.9m

PB3.1x

Estimated Growth7.6%

Dividend YieldN/A

CEO & management

Edward West

CEO

2.5yrs

CEO Tenure

Provides digital identity verification and fraud prevention solutions worldwide.