Analyst Ratings For Extreme Networks

Throughout the last three months, 4 analysts have evaluated Extreme Networks EXTR, offering a diverse set of opinions from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $24.25, a high estimate of $28.00, and a low estimate of $23.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 30.71%.

Investigating Analyst Ratings: An Elaborate Study

The perception of Extreme Networks by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Extreme Networks. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Extreme Networks compared to the broader market.
• Price Targets: Gaining insights, analysts provide estimates for the future value of Extreme Networks's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Extreme Networks's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Extreme Networks analyst ratings.

Unveiling the Story Behind Extreme Networks

Extreme Networks Inc provides software-driven networking services for enterprise customers. Its products include wired and wireless network infrastructure equipment and software for network management, policy, analytics, and access controls. It offers high-density Wi-Fi, centralized management, cloud-based network management, and application analytics capabilities. The company operates in a single segment which develops and markets network infrastructure equipment. Roughly half of the firm's revenue is generated in the Americas, with the rest coming from Europe, the Middle East, Africa, and Asia-Pacific.

Extreme Networks: Financial Performance Dissected

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Positive Revenue Trend: Examining Extreme Networks's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 18.63% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.

Net Margin: Extreme Networks's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 8.12%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 25.46%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Extreme Networks's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.55%, the company showcases efficient use of assets and strong financial health.

Debt Management: Extreme Networks's debt-to-equity ratio stands notably higher than the industry average, reaching 2.27. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.