Is Extreme Networks Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: EXTR) stock is to Strong Buy EXTR stock.
Out of 3 analysts, 2 (66.67%) are recommending EXTR as a Strong Buy, 1 (33.33%) are recommending EXTR as a Buy, 0 (0%) are recommending EXTR as a Hold, 0 (0%) are recommending EXTR as a Sell, and 0 (0%) are recommending EXTR as a Strong Sell.
What is EXTR's earnings growth forecast for 2023-2023?
(NASDAQ: EXTR) Extreme Networks's forecast annual earnings growth rate of N/A is not forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.
Extreme Networks's earnings in 2023 is $48,750,000.
In 2023, EXTR is forecast to generate $87,844,051 in earnings, with the lowest earnings forecast at $82,676,754 and the highest earnings forecast at $91,719,524.
What is EXTR's revenue growth forecast for 2023-2023?
(NASDAQ: EXTR) Extreme Networks's forecast annual revenue growth rate of N/A is not forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Extreme Networks's revenue in 2023 is $1,179,741,000.
In 2023, EXTR is forecast to generate $158,080,537,144 in revenue, with the lowest revenue forecast at $158,080,537,144 and the highest revenue forecast at $158,080,537,144.
What is EXTR's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: EXTR) forecast ROA is 8.27%, which is lower than the forecast US Communication Equipment industry average of 12.22%.
What is EXTR's Price Target?
According to 3 Wall Street analysts that have issued a 1 year EXTR price target, the average EXTR price target is $20.83, with the highest EXTR stock price forecast at $23.50 and the lowest EXTR stock price forecast at $17.00.
On average, Wall Street analysts predict that Extreme Networks's share price could reach $20.83 by Jan 26, 2024. The average Extreme Networks stock price prediction forecasts a potential upside of 8.05% from the current EXTR share price of $19.28.
What is EXTR's Earnings Per Share (EPS) forecast for 2023-2023?
(NASDAQ: EXTR) Extreme Networks's current Earnings Per Share (EPS) is $0.38. In 2023, EXTR's EPS is forecast to hit $0.68 (min: $0.64, max: $0.71).
What is EXTR's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: EXTR) forecast ROE is 103.88%, which is considered strong.
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