On May 15, 2025, Needham analyst Ryan Koontz reaffirmed his Buy rating on Extreme Networks (EXTR, Financial), maintaining the current price target at $20.00 USD. This rating suggests a positive outlook for the stock.
The maintained price target is set at $20.00, unchanged from the previous valuation, indicating that Needham's expectations for Extreme Networks' (EXTR, Financial) market performance remain consistent.
Extreme Networks (EXTR, Financial), which trades on the NASDAQ, continues to attract attention following the reaffirmation of the Buy rating. Investors should take note of the reiterated confidence from Needham as they consider their positions in the stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Extreme Networks Inc (EXTR, Financial) is $18.75 with a high estimate of $22.50 and a low estimate of $15.00. The average target implies an upside of 17.41% from the current price of $15.97. More detailed estimate data can be found on the Extreme Networks Inc (EXTR) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Extreme Networks Inc's (EXTR, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Extreme Networks Inc (EXTR, Financial) in one year is $16.21, suggesting a upside of 1.5% from the current price of $15.97. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Extreme Networks Inc (EXTR) Summary page.
