Extreme Networks (EXTR, Financial), a leading company in the networking industry, received an update from Rosenblatt, a notable investment research firm. Analyst Mike Genovese maintains a "Buy" rating for EXTR. This decision is aligned with the previous assessment, indicating a consistent positive outlook for the stock.
Alongside the maintained rating, Rosenblatt has adjusted the price target for Extreme Networks (EXTR, Financial). The price target has been raised from USD 18.00 to USD 20.00, reflecting a notable increase of 11.11% from the prior evaluation. This change suggests increased confidence in the company's future performance.
The announcement was made on June 13, 2025, further underpinning Extreme Networks' (EXTR, Financial) potential growth trajectory in the upcoming months. Investors and stakeholders will likely keep a close watch on the company's developments following this positive analyst update.
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 12.28% from the current price of $16.70. 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 $16.30, suggesting a downside of 2.4% from the current price of $16.7. 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.
