From what 7 stock analysts predict, the share price for Extreme Networks Inc (EXTR) might increase by 10.22% in the next year. This is based on a 12-month average estimation for EXTR. Price targets go from $15 to $22.5. The majority of stock analysts believe EXTR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
EXTR is a stock in Technology which has been forecasted to be worth $19.33333 as an average. On the higher end, the forecast price is $22.5 USD by Christian Schwab from Craig-Hallum and on the lower end EXTR is forecasted to be $15 by Mike Genovese from Rosenblatt.
These are the latest 20 analyst ratings of EXTR.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Mike Genovese Rosenblatt | Buy | $21 | Maintains | Nov 6, 2024 |
Dave Kang B. Riley Securities | Buy | $21 | Maintains | Oct 31, 2024 |
Christian Schwab Craig-Hallum | Buy | $22.5 | Maintains | Oct 31, 2024 |
Mike Genovese Rosenblatt | Buy | $21 | Maintains | Oct 31, 2024 |
Alex Henderson Needham | Buy | $16.5 | Reiterates | Aug 8, 2024 |
Christian Schwab Craig-Hallum | Buy | $17 | Maintains | Aug 8, 2024 |
Alex Henderson Needham | Buy | $16.5 | Reiterates | Jun 10, 2024 |
Christian Schwab Craig-Hallum | Buy | $14 | Upgrade | May 16, 2024 |
Alex Henderson Needham | Buy | $16.5 | Reiterates | May 15, 2024 |
Dave Kang B. Riley Securities | Buy | $15 | Maintains | May 2, 2024 |
Mike Genovese Rosenblatt | Buy | $17 | Upgrade | May 2, 2024 |
Christian Schwab Craig-Hallum | Hold | $13 | Maintains | May 2, 2024 |
Alex Henderson Needham | Buy | $16.5 | Reiterates | May 1, 2024 |
Dave Kang B. Riley Securities | Buy | $14 | Upgrade | Apr 15, 2024 |
Dave Kang B. Riley Securities | Neutral | $14 | Maintains | Feb 1, 2024 |
Alex Henderson Needham | Buy | $16.5 | Maintains | Feb 1, 2024 |
Mike Genovese Rosenblatt | Neutral | $15 | Downgrade | Feb 1, 2024 |
David Vogt UBS | Neutral | $14 | Downgrade | Feb 1, 2024 |
Alex Henderson Needham | Buy | $23 | Reiterates | Dec 28, 2023 |
Alex Henderson Needham | Buy | $23 | Reiterates | Nov 8, 2023 |
When did it IPO
1999
Staff Count
2,656
Country
United States
Sector/Industry
Technology/Communication Equipment
CEO
Mr. Edward B. Meyercord III
Market Cap
$2.32B
In 2023, EXTR generated $1.31B in revenue, which was a increase of 17.99% from the previous year. This can be seen as a signal that EXTR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Extreme Networks (EXTR) has a consensus price target indicating a 25.8% upside potential. Upward earnings estimate revisions suggest potential near-term stock growth.
Why It Matters - The 25.8% upside potential indicates strong market optimism for Extreme Networks (EXTR), and rising earnings estimates suggest imminent stock price appreciation.
Summary - Extreme Networks has enhanced its partnership with the NHL, focusing on leveraging technology to improve fan experiences.
Why It Matters - Extreme Networks' enhanced partnership with the NHL signals potential growth in tech investments and revenue opportunities, making it a key player in the sports technology sector.
Summary - Extreme Networks has scheduled investor conferences for November and December 2024, as announced from Morrisville, N.C.
Why It Matters - Extreme Networks' investor conference schedule signals upcoming insights into its performance and strategy, potentially impacting stock valuations and investor sentiment.
Summary - Extreme Networks' latest quarterly report indicates potential stabilization of the business, which may be relevant for investors monitoring its performance.
Why It Matters - Extreme Networks' stabilization indicates potential for improved performance and growth, enhancing investor confidence and possibly leading to a positive impact on stock prices.
Summary - Extreme Networks, Inc. (NASDAQ: EXTR) will host its Q1 2025 earnings conference call on October 30, 2024, at 8:00 AM ET, featuring key company executives and analysts from various firms.
Why It Matters - The Q1 2025 earnings call for Extreme Networks offers insights into financial performance, strategic direction, and market outlook, influencing stock valuation and investment decisions.
Summary - Extreme Networks announced its financial results for Q1 ended September 30, 2024. Further details on performance were not included in the excerpt.
Why It Matters - Extreme Networks' Q1 financial results can indicate growth or challenges, impacting stock performance and investor confidence in the companyโs future prospects.