Extreme Networks, Inc. (EXTR)
NASDAQ: EXTR · Real-Time Price · USD
17.74
+0.02 (0.11%)
At close: Dec 20, 2024, 4:00 PM
17.70
-0.04 (-0.23%)
After-hours: Dec 20, 2024, 4:04 PM EST
Extreme Networks Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Extreme Networks stock have an average target of 19, with a low estimate of 14 and a high estimate of 22.5. The average target predicts an increase of 7.10% from the current stock price of 17.74.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 6, 2024.
Analyst Ratings
The average analyst rating for EXTR stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $21 | Strong Buy | Maintains | $21 | +18.38% | Nov 6, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $18 → $21 | Strong Buy | Maintains | $18 → $21 | +18.38% | Oct 31, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $17 → $23 | Strong Buy | Maintains | $17 → $23 | +26.83% | Oct 31, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $17 → $21 | Strong Buy | Maintains | $17 → $21 | +18.38% | Oct 31, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $14 → $17 | Strong Buy | Maintains | $14 → $17 | -4.17% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
1.15B
from 1.12B
Increased by 2.76%
Revenue Next Year
1.24B
from 1.15B
Increased by 8.36%
EPS This Year
0.79
from -0.66
EPS Next Year
1.01
from 0.79
Increased by 28.94%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.2B | 1.3B | 1.4B |
| Avg | 1.1B | 1.2B | 1.3B |
| Low | 1.1B | 1.2B | 1.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 6.1% | 13.4% | 15.1% |
| Avg | 2.8% | 8.4% | 7.2% |
| Low | -1.8% | 1.7% | -1.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.85 | 1.17 | 1.58 |
| Avg | 0.79 | 1.01 | 1.32 |
| Low | 0.73 | 0.88 | 1.06 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 48.4% | 55.5% |
| Avg | - | 28.9% | 29.9% |
| Low | - | 12.3% | 4.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.