Jefferies Upgrades Mitek Systems (MITK)
Fintel reports that on February 13, 2026, Jefferies upgraded their outlook for Mitek Systems (NasdaqCM:MITK) from Hold to Buy.
Analyst Price Forecast Suggests 21.85% Upside
As of February 4, 2026, the average one-year price target for Mitek Systems is $14.02/share. The forecasts range from a low of $11.11 to a high of $17.85. The average price target represents an increase of 21.85% from its latest reported closing price of $11.51 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Mitek Systems is 212MM, an increase of 13.68%. The projected annual non-GAAP EPS is 1.65.
What is the Fund Sentiment?
There are 307 funds or institutions reporting positions in Mitek Systems. This is an decrease of 31 owner(s) or 9.17% in the last quarter. Average portfolio weight of all funds dedicated to MITK is 0.05%, an increase of 6.16%. Total shares owned by institutions decreased in the last three months by 1.84% to 41,110K shares. 
The put/call ratio of MITK is 0.05, indicating a bullish outlook.
What are Other Shareholders Doing?
Legal & General Group holds 2,810K shares representing 6.20% ownership of the company. In its prior filing, the firm reported owning 2,921K shares , representing a decrease of 3.98%. The firm decreased its portfolio allocation in MITK by 44.81% over the last quarter.
Invesco holds 1,909K shares representing 4.21% ownership of the company. In its prior filing, the firm reported owning 1,890K shares , representing an increase of 0.99%. The firm decreased its portfolio allocation in MITK by 89.22% over the last quarter.
VSCAX - Invesco Small Cap Value Fund holds 1,822K shares representing 4.02% ownership of the company. In its prior filing, the firm reported owning 1,762K shares , representing an increase of 3.31%. The firm decreased its portfolio allocation in MITK by 3.63% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,382K shares representing 3.05% ownership of the company. No change in the last quarter.
Impax Asset Management Group holds 1,295K shares representing 2.86% ownership of the company. In its prior filing, the firm reported owning 1,195K shares , representing an increase of 7.72%. The firm increased its portfolio allocation in MITK by 25.45% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.