Extreme Networks (NASDAQ:EXTR – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.100-0.140 for the period, compared to the consensus EPS estimate of 0.120. The company issued revenue guidance of $255.0 million-$265.0 million, compared to the consensus revenue estimate of $259.6 million. Extreme Networks also updated its FY 2025 guidance to EPS.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on EXTR shares. Craig Hallum upgraded Extreme Networks from a hold rating to a buy rating and boosted their price target for the company from $13.00 to $14.00 in a report on Thursday, May 16th. B. Riley increased their target price on Extreme Networks from $14.00 to $15.00 and gave the stock a buy rating in a research report on Thursday, May 2nd. Needham & Company LLC restated a buy rating and issued a $16.50 price target on shares of Extreme Networks in a report on Monday, June 10th. Finally, Rosenblatt Securities upgraded shares of Extreme Networks from a neutral rating to a buy rating and increased their price objective for the stock from $15.00 to $17.00 in a report on Thursday, May 2nd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Extreme Networks has an average rating of Moderate Buy and a consensus price target of $15.30.
Check Out Our Latest Stock Report on EXTR
Extreme Networks Stock Performance
About Extreme Networks
Extreme Networks, Inc delivers cloud-driven networking solutions that leverage the powers of machine learning, artificial intelligence, analytics, and automation.
The company designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security, and access controls.
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