
Extreme Networks (EXTR) Stock Forecast & Price Target
Extreme Networks (EXTR) Analyst Ratings
Bulls say
Extreme Networks Inc is positioned for growth due to improving end-market fundamentals and significant pent-up demand, particularly with the rapid adoption of WiFi 7 technology. The company aims to enhance its high-margin Subscription business, leveraging its differentiated Platform One, which, coupled with potential new opportunities, could drive gross margins higher toward its target operating margin of 20%. Additionally, the forecasted 70% annual growth in the Wired and Wireless AI Campus Networking market presents a substantial total addressable market of approximately $18 billion by 2029, further strengthening Extreme Networks's positive financial outlook.
Bears say
The financial outlook for Extreme Networks Inc is negatively affected by economic uncertainty, leading to decreased revenues and profits due to customer financial difficulties and constrained spending on network expansion. Additionally, ongoing supply chain challenges, including a tight supply of components and rising transportation costs, are expected to further pressure revenue growth and gross margins. The company also faces reputational risks as a "me too" player in a competitive market, particularly in light of the HPE/Juniper merger that raises concerns about customer and partner trust, which could jeopardize key client relationships and materially impact financial performance.
This aggregate rating is based on analysts' research of Extreme Networks and is not a guaranteed prediction by Public.com or investment advice.
Extreme Networks (EXTR) Analyst Forecast & Price Prediction
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