Analysts' ratings for Extreme Networks (NASDAQ:EXTR) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $21.38, a high estimate of $22.50, and a low estimate of $21.00. Observing a 17.15% increase, the current average has risen from the previous average price target of $18.25.
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.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mike Genovese | Rosenblatt | Maintains | Buy | $21.00 | $21.00 |
| Dave Kang | B. Riley Securities | Raises | Buy | $21.00 | $18.00 |
| Christian Schwab | Craig-Hallum | Raises | Buy | $22.50 | $17.00 |
| Mike Genovese | Rosenblatt | Raises | Buy | $21.00 | $17.00 |
Key Insights:
To gain a panoramic view of Extreme Networks's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Extreme Networks analyst ratings.
Discovering Extreme Networks: A Closer Look
Extreme Networks: Delving into Financials
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Decline in Revenue: Over the 3 months period, Extreme Networks faced challenges, resulting in a decline of approximately -23.77% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Extreme Networks's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -3.9%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Extreme Networks's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -36.22%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -1.0%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Extreme Networks's debt-to-equity ratio is notably higher than the industry average. With a ratio of 7.22, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Basics of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
