Mitek Systems stock forecast, MITK price prediction

Mitek Systems (MITK) Stock Price Forecast

12-month forecast. Price targets made by 3 analysts.

Minimum Forecast

$20

Average Forecast

$24

Mitek Systems Inc stock returns on equity (ROE) forecast

Will Mitek Systems Inc be a profitable investment for shareholders?
MITK

11.21%

Industry

-14.81%

Market

22.13%

Mitek Systems Inc stock return on assets (ROA) forecast

how much profit will Mitek Systems Inc be able to generate from its assets?
MITK

5.00%

Industry

0.48%

Market

10.70%

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Analyst recomendation

Buy

Investment opportunity: medium
Strong Buy: 2

66.67%

Buy: 1

33.33%

Hold: 0

0%

Strong Sell: 0

0%

Sell: 0

0

MITK stock earnings per share (EPS)

How much of new income will be owned by each shareholder within the next years?
Avg 1 year forecast: $0.48 (+84.62%)

MITK stock revenue forecast

How much money is Mitek Systems Inc likely to bring in the coming years?
Avg 1 year forecast: $138.5M (+18.25%)
Avg 2 year forecast: $161.0M (+37.41%)

Mitek Systems Inc stock earnings-growth forecast

How much do analyst expect MITK to grow during the next years?
MITK

Industry

Market

Mitek Systems Inc stock revenue-growth forecast

How much do analyst expect Mitek Systems Inc's revenue to grow during the next years?
MITK

Industry

Market

What is the stock price forecast of Mitek Systems for the next 12 months?
The average Mitek Systems stock forecast price is $24, with $20 representing the minimum price forecast and $27 the highest. According to the forecast made by 3 analysts, Mitek Systems Inc stock is a medium investment opportunity with a potential upside of 31% in the next 12 months.
According to analysts’ forecasts, is MITK stock expected to go up?
Analysts believe that in the short term, Mitek Systems stock is to Buy. Out of 3 analysts, 2 (66.67%) think that MITK is a strong buy, 1 (33.33%) think that MITK is a buy, 0 (0%) think that MITK is a hold, 0 (0) think that MITK is a sell, 0 (0%) think that MITK is a strong sell. As per the middle term, analysts expect Mitek Systems stock to upside, reaching a maximum forecasted price of $27.
How much can I expect to make investing in MITK in 12 months?
Analysts predict the price of MITK to reach $24 next year. If correct, $8700 invested on Oct 7th, 2021 would result in a profit of $2406. To give a perspective, shares of 8700 bought on Dec 21st, 2020 would have returned on Oct 7th, 2021 $180, hence a 2.1% return on investment.
What is Mitek Systems's ROE, ROA, and EPS forecast?
Analysts forecast Mitek Systems's ROE to increase by 11.21% in the next three years. They expect the industry to grow by -14.81% and the US market to grow by 22.13% during the same period. Mitek Systems's ROA instead is likely to increase by 5.00% versus a 0.48% forecast industry growth. Similarly, Mitek Systems''s EPS is expected to reach $0.48 (+84.62%) in one year, in two years, and in three years.