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Extreme Networks Inc has a consensus price target of $18.5 based on the ratings of 8 analysts. The high is $22.5 issued by Craig-Hallum on October 31, 2024. The low is $14 issued by UBS on February 1, 2024. The 3 most-recent analyst ratings were released by Rosenblatt, B. Riley Securities, and Craig-Hallum on November 6, 2024, October 31, 2024, and October 31, 2024, respectively. With an average price target of $21.5 between Rosenblatt, B. Riley Securities, and Craig-Hallum, there's an implied 29.67% upside for Extreme Networks Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Extreme Networks (NASDAQ:EXTR) was reported by Rosenblatt on November 6, 2024. The analyst firm set a price target for $21.00 expecting EXTR to rise to within 12 months (a possible 26.66% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Extreme Networks (NASDAQ:EXTR) was provided by Rosenblatt, and Extreme Networks maintained their buy rating.
The last upgrade for Extreme Networks Inc happened on May 16, 2024 when Craig-Hallum raised their price target to $14. Craig-Hallum previously had a hold for Extreme Networks Inc.
The last downgrade for Extreme Networks Inc happened on February 1, 2024 when Rosenblatt changed their price target from $19 to $15 for Extreme Networks Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Extreme Networks, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Extreme Networks was filed on November 6, 2024 so you should expect the next rating to be made available sometime around November 6, 2025.
While ratings are subjective and will change, the latest Extreme Networks (EXTR) rating was a maintained with a price target of $21.00 to $21.00. The current price Extreme Networks (EXTR) is trading at is $16.58, which is out of the analyst’s predicted range.
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