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Here’s Why Analysts Are Bullish On Extreme Networks, Inc. (EXTR)
Yahoo Finance· 2025-12-10 11:47
Group 1 - Extreme Networks, Inc. (NASDAQ:EXTR) is rated as a consensus 'Buy' by 88% of analysts, with a median price target of $24.50 indicating a potential upside of nearly 35% [1] - BofA analyst Tomer Zilberman initiated coverage with a 'Buy' rating and a $24 price target, citing growth catalysts such as campus network refresh projects, the WiFi-7 upgrade cycle, and increased adoption of cloud and SaaS products [2] - The price target is based on 17 times the company's forecasted EPS for CY2027, which is considered a discount compared to peers due to the company's narrower operating scale and exposure to budget-sensitive markets [3] Group 2 - Other analysts, including Eric Martinuzzi from Lake Street and Michael Genovese from Rosenblatt Securities, have also reaffirmed 'Buy' ratings with price targets of $24 and $25 respectively [4] - Extreme Networks specializes in infrastructure equipment and related software, offering products like ExtremeCloud IQ, ExtremeCloud IQ-Site Engine, and ExtremeCloud IQ Essentials [5]