NASDAQ: EXTR

Extreme Networks Inc Stock Forecast, Predictions & Price Target

The consensus among 7 Wall Street analysts covering (NASDAQ: EXTR) stock is to Buy EXTR stock.

Out of 7 analysts, 3 (42.86%) are recommending EXTR as a Strong Buy, 2 (28.57%) are recommending EXTR as a Buy, 2 (28.57%) are recommending EXTR as a Hold, 0 (0%) are recommending EXTR as a Sell, and 0 (0%) are recommending EXTR as a Strong Sell.

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(NASDAQ: EXTR) Extreme Networks's forecast annual revenue growth rate of 6.76% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 1.48%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.54%.

Extreme Networks's revenue in 2023 is $1,367,902,000.On average, 2 Wall Street analysts forecast EXTR's revenue for 2024 to be $179,145,753,752, with the lowest EXTR revenue forecast at $179,022,620,615, and the highest EXTR revenue forecast at $179,268,886,890. On average, 2 Wall Street analysts forecast EXTR's revenue for 2025 to be $195,127,138,868, with the lowest EXTR revenue forecast at $194,511,473,180, and the highest EXTR revenue forecast at $195,742,804,556.

In 2026, EXTR is forecast to generate $217,582,734,742 in revenue, with the lowest revenue forecast at $217,582,734,742 and the highest revenue forecast at $217,582,734,742.

According to 7 Wall Street analysts that have issued a 1 year EXTR price target, the average EXTR price target is $28.86, with the highest EXTR stock price forecast at $35.00 and the lowest EXTR stock price forecast at $23.00.

On average, Wall Street analysts predict that Extreme Networks's share price could reach $28.86 by Nov 8, 2024. The average Extreme Networks stock price prediction forecasts a potential upside of 75.74% from the current EXTR share price of $16.42.

(NASDAQ: EXTR) forecast ROE is N/A, which is considered weak.