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 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 |
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.