Extreme Networks, Inc. (EXTR)

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 26.92% from the current stock price of 14.97.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$14	$19	$21	$22.5
Change	-6.48%	+26.92%	+40.28%	+50.30%

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	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	4	4	4	4	4	4
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dave Kang B. Riley Securities	B. Riley Securities	Strong Buy Maintains $18 → $21	Strong Buy	Maintains	$18 → $21	+40.28%	Oct 31, 2024
Christian Schwab Craig-Hallum	Craig-Hallum	Strong Buy Maintains $17 → $23	Strong Buy	Maintains	$17 → $23	+50.30%	Oct 31, 2024
Mike Genovese Rosenblatt	Rosenblatt	Strong Buy Maintains $17 → $21	Strong Buy	Maintains	$17 → $21	+40.28%	Oct 31, 2024
Christian Schwab Craig-Hallum	Craig-Hallum	Strong Buy Maintains $14 → $17	Strong Buy	Maintains	$14 → $17	+13.56%	Aug 8, 2024
Alex Henderson Needham	Needham	Strong Buy Reiterates $17	Strong Buy	Reiterates	$17	+10.22%	Aug 8, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.14B

Increased by 1.95%

from 1.12B

Revenue Next Year

1.24B

Increased by 8.69%

from 1.14B

EPS This Year

0.77

from -0.66

EPS Next Year

1.03

Increased by 33.97%

from 0.77

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	948.02M	1.01B	1.11B	1.31B	1.12B	1.14B	1.24B	1.25B
Revenue Growth	-4.80%	6.48%	10.19%	17.99%	-14.88%	1.95%	8.69%	0.89%
EPS	-1.06	0.02	0.33	0.58	-0.66	0.77	1.03	1.08
EPS Growth	-	-	2,014.03%	75.76%	-	-	33.97%	4.58%
Forward PE	-	-	-	-	-	19.40	14.48	13.85
No. Analysts	-	-	-	-	-	9	9	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.2B	1.3B	1.3B
Avg	1.1B	1.2B	1.2B
Low	1.1B	1.1B	1.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	5.4%	13.8%	3.9%
Avg	2.0%	8.7%	0.9%
Low	-4.0%	0.3%	-3.1%

EPS Forecast

EPS	2025	2026	2027
High	0.85	1.24	1.11
Avg	0.77	1.03	1.08
Low	0.64	0.85	1.04

EPS Growth

EPS Growth	2025	2026	2027
High	-	61.2%	7.7%
Avg	-	34.0%	4.6%
Low	-	10.5%	0.5%

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.