Extreme Networks, Inc. (EXTR)
NASDAQ: EXTR · IEX Real-Time Price · USD
13.60
+0.02 (0.15%)
At close: Jul 19, 2024, 4:00 PM
13.61
+0.01 (0.07%)
Pre-market: Jul 20, 2024, 9:28 AM EDT
Extreme Networks Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Extreme Networks stock have an average target of 15.3, with a low estimate of 14 and a high estimate of 17. The average target predicts an increase of 12.50% from the current stock price of 13.60.
Analyst Consensus: Buy
* Price targets were last updated on Jun 10, 2024.
Analyst Ratings
The average analyst rating for EXTR stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 6 | 5 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $17 | Strong Buy | Reiterates | $17 | +21.32% | Jun 10, 2024 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $13 → $14 | Hold → Strong Buy | Upgrades | $13 → $14 | +2.94% | May 16, 2024 |
| Needham | Needham | Strong Buy Reiterates n/a | Strong Buy | Reiterates | n/a | n/a | May 15, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $14 → $15 | Strong Buy | Maintains | $14 → $15 | +10.29% | May 2, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | -4.41% | May 2, 2024 |
Financial Forecast
Revenue This Year
1.14B
from 1.31B
Decreased by -13.44%
Revenue Next Year
1.13B
from 1.14B
Decreased by -0.62%
EPS This Year
0.54
from 0.58
Decreased by -7.09%
EPS Next Year
0.76
from 0.54
Increased by 40.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.2B | 1.3B |
| Avg | 1.1B | 1.1B | 1.2B |
| Low | 1.1B | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -10.7% | 4.2% | 15.4% |
| Avg | -13.4% | -0.6% | 7.9% |
| Low | -17.1% | -10.3% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.58 | 0.87 | 1.22 |
| Avg | 0.54 | 0.76 | 1.01 |
| Low | 0.51 | 0.59 | 0.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.4% | 61.7% | 60.9% |
| Avg | -7.1% | 40.5% | 33.9% |
| Low | -12.5% | 9.1% | 3.6% |
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.