ticker nerd logo
Extreme Networks Inc

Extreme Networks Inc Stock Forecast & Price Prediction

Live Extreme Networks Inc Stock (EXTR) Price
$16.60

7

Ratings

  • Buy 4
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$16.60

P/E Ratio

19.08

Volume Traded Today

$444,700

Dividend

Dividends not available for EXTR

52 Week High/low

18.77/10.50

Extreme Networks Inc Market Cap

$2.19B

🛑 Alert: These ten stocks could have higher potential than $EXTR 🛑

Before you buy EXTR you'll want to see this list of ten stocks that have huge potential. Want to see if EXTR made the cut? Enter your email below

EXTR Summary

From what 7 stock analysts predict, the share price for Extreme Networks Inc (EXTR) might increase by 16.47% 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 Analyst Ratings

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.

EXTR stock forecast by analyst

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
Mike Genovese
Rosenblatt

Buy

$17

Upgrade

May 2, 2024
Dave Kang
B. Riley Securities

Buy

$15

Maintains

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

EXTR Company Information

What They Do: Provides software-driven networking solutions worldwide.

Business Model: The company generates revenue by designing, developing, and manufacturing networking equipment, including wired and wireless infrastructure. Their offerings include cloud-based management solutions, subscription services for software-defined networking, and a range of hardware products. They primarily sell through distributors and resellers targeting various sectors such as healthcare, education, and retail.

Other Information: Incorporated in 1996, the company is headquartered in Morrisville, North Carolina. Their product lineup includes advanced cloud management solutions powered by machine learning and AI, as well as extensive support services for their clients.
EXTR
Extreme Networks Inc (EXTR)

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

$2.19B

Extreme Networks Inc (EXTR) Financial Data

In 2023, EXTR generated $0 in revenue, which was a increase of 0.00% 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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $1.03B
  • Operating Margin TTM -1.3%
  • Gross profit TTM $630.8M
  • Return on assets TTM -4.1%
  • Return on equity TTM -177.3%
  • Profit Margin -12.1%
  • Book Value Per Share 0.25%
  • Market capitalisation $2.19B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $-0.96

Extreme Networks Inc (EXTR) Latest News

News Image

Fri, 15 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Extreme Networks (EXTR) has a consensus price target indicating a potential 25.8% upside. Recent earnings estimate revisions suggest possible near-term stock growth.

Why It Matters - The 25.8% upside potential suggests significant growth for Extreme Networks (EXTR), and positive earnings revisions may indicate a favorable performance ahead, attracting investor interest.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Extreme Networks has strengthened its partnership with the NHL, focusing on enhancing fan experiences via technology advancements.

Why It Matters - Extreme Networks' expanded partnership with the NHL signals growth potential in technology investments for sports, which could enhance revenue streams and boost stock performance.

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Extreme Networks' latest quarterly report indicates potential stabilization for the business, which may be a positive sign for investors.

Why It Matters - Extreme Networks' stabilization signals potential for consistent revenue and profitability, which can attract investors and boost stock performance.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Extreme Networks, Inc. (NASDAQ:EXTR) will hold its Q1 2025 earnings conference call on October 30, 2024, at 8:00 AM ET, featuring key company executives and analysts.

Why It Matters - The upcoming Q1 2025 earnings call for Extreme Networks may provide insights into the company's financial performance and strategies, impacting stock valuation and investor sentiment.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Extreme Networks reported its financial results for Q1 ending September 30, 2024. Further details on performance and metrics are not provided in the excerpt.

Why It Matters - Extreme Networks' financial results can impact stock performance, investor sentiment, and future growth expectations, influencing investment decisions.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Rigrodsky Law is investigating potential claims against Extreme Networks' officers and directors on behalf of stockholders. The company is listed on NASDAQ under EXTR.

Why It Matters - Potential claims against Extreme Networks' leadership may indicate governance issues, which could impact stock performance and investor confidence.

...

EXTR Frequently asked questions

The highest forecasted price for EXTR is $22.5 from Christian Schwab at Craig-Hallum.

The lowest forecasted price for EXTR is $15 from Mike Genovese from Rosenblatt

The EXTR analyst ratings consensus are 4 buy ratings, 3 hold ratings, and 0 sell ratings.