Why Did Extreme Networks Inc (EXTR) Stock Soar 3.60%?

On April 29, 2025, Extreme Networks' stock price rose by 0.27% in pre-market trading, indicating a positive start to the day's trading session.

Extreme Networks Inc (EXTR) experienced a significant surge in its stock price on April 28, 2025, with shares rising by 3.60% during mid-day trading. This increase brought the stock to an intraday high of $12.96 before closing at $12.94, marking a notable improvement from its previous close of $12.49. The stock's performance places it 32.74% below its 52-week high of $19.24 and 28.12% above its 52-week low of $10.10.

Analysts have provided varied price targets for Extreme Networks Inc, with an average target price of $19.83. This target suggests a potential upside of 53.27% from the current stock price of $12.94. The highest estimate among analysts is $22.50, while the lowest is $16.00. Additionally, the consensus recommendation from brokerage firms indicates an "Outperform" status for the stock, with an average rating of 2.4 on a scale where 1 signifies a Strong Buy and 5 denotes a Sell.