Extreme Networks Inc

Extreme Networks Inc Stock Forecast & Price Prediction

Live Extreme Networks Inc Stock (EXTR) Price
$17.49

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

$17.49

P/E Ratio

19.08

Volume Traded Today

$729,300

Dividend

Dividends not available for EXTR

52 Week High/low

18.77/10.50

Extreme Networks Inc Market Cap

$2.31B

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EXTR Summary

From what 7 stock analysts predict, the share price for Extreme Networks Inc (EXTR) might increase by 10.54% 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 designs and manufactures wired, wireless, and software-defined networking equipment, generating revenue through the sale of its products and subscription services. Its offerings include advanced management solutions powered by AI/ML, hardware for network infrastructure, and customer support services, catering to various sectors such as healthcare, education, and retail.

Other Information: Founded in 1996 and headquartered in Morrisville, North Carolina, the company utilizes a distribution model that includes resellers and field sales organizations to reach its target markets. Its cloud-based solutions and subscription models position it well in the growing market for flexible and scalable networking services.
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

$2.31B

Extreme Networks Inc (EXTR) Financial Data

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

N/A

Revenue From 2021

$1.01B

0.00 %
From Previous Year

Revenue From 2022

$1.11B

10.19 %
From Previous Year

Revenue From 2023

$1.31B

17.99 %
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 $2.31B
  • Revenue for 2021 $1.01B
  • Revenue for 2022 $1.11B
  • Revenue for 2023 $1.31B
  • 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 suggesting a 25.8% upside. Earnings estimate revisions indicate potential near-term stock growth.

Why It Matters - The 25.8% upside potential and positive earnings estimate revisions suggest Extreme Networks (EXTR) may experience significant short-term price appreciation, attracting investor interest.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Extreme Networks has expanded its partnership with the NHL to enhance fan experiences through technology improvements.

Why It Matters - Extreme Networks' enhanced partnership with the NHL signals growth in tech investment for fan engagement, potentially boosting the company's revenue and market position in sports tech.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Extreme Networks has scheduled investor conferences for November and December 2024, as announced in Morrisville, N.C.

Why It Matters - Extreme Networks' investor conference schedule may signal upcoming strategic insights or financial outlooks, potentially influencing investor sentiment and stock performance.

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Extreme Networks' latest quarterly report indicates potential stabilization of the business.

Why It Matters - Extreme Networks' stabilization signals potential growth and reduced volatility, which can attract investors seeking steady returns and improved market confidence.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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 financial analysts.

Why It Matters - The earnings call provides insights into Extreme Networks' financial performance and future outlook, influencing investor sentiment and stock price volatility.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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

Why It Matters - Extreme Networks' financial results can influence stock performance, affect investor sentiment, and provide insights into the company's growth trajectory and market position.

...

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.