Extreme Networks, Inc. (EXTR)
NASDAQ: EXTR · IEX Real-Time Price · USD
10.87
-0.07 (-0.64%)
Apr 19, 2024, 12:41 PM EDT - Market open
Extreme Networks Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Extreme Networks stock have an average target of 17.7, with a low estimate of 14 and a high estimate of 29. The average target predicts an increase of 62.83% from the current stock price of 10.87.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 1 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 6 | 6 | 5 |
| 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 |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades $14 | Hold → Strong Buy | Upgrades | $14 | +28.79% | Apr 15, 2024 |
| Needham | Needham | Strong Buy Maintains $23 → $17 | Strong Buy | Maintains | $23 → $17 | +51.79% | Feb 1, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $14 → $17 | Hold | Maintains | $14 → $17 | +56.39% | Feb 1, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy → Hold Downgrades $19 → $15 | Strong Buy → Hold | Downgrades | $19 → $15 | +37.99% | Feb 1, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $22 → $14 | Strong Buy → Hold | Downgrades | $22 → $14 | +28.79% | Feb 1, 2024 |
Financial Forecast
Revenue This Year
1.15B
from 1.31B
Decreased by -12.53%
Revenue Next Year
1.16B
from 1.15B
Increased by 0.96%
EPS This Year
0.58
from 0.58
Decreased by -0.61%
EPS Next Year
0.85
from 0.58
Increased by 46.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.2B | 1.3B |
| Avg | 1.1B | 1.2B | 1.2B |
| Low | 1.1B | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -8.5% | 7.1% | 13.7% |
| Avg | -12.5% | 1.0% | 6.9% |
| Low | -17.4% | -10.7% | -5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.66 | 1.05 | 1.37 |
| Avg | 0.58 | 0.85 | 1.16 |
| Low | 0.52 | 0.59 | 0.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.1% | 82.2% | 61.3% |
| Avg | -0.6% | 46.8% | 37.4% |
| Low | -10.4% | 2.0% | 6.5% |
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.