Extreme Networks Stock Soars 18.05% on Bullish Outlook
1min read On April 23, 2025, Extreme Networks' stock surged by 18.05% in pre-market trading, marking a significant upturn in investor sentiment.
Analysts have provided varying assessments of Extreme Networks' stock, with 12-month price targets ranging from $19.60 to $22.00, indicating a bullish outlook despite recent volatility. The consensus target price stands at $20.30, suggesting a potential upside of 82.72%.
Despite a recent 12.04% drop in pre-market trading on April 21, 2025, analysts maintain a "Moderate Buy" rating for the stock, reflecting confidence in the company's long-term prospects. This drop was attributed to an ongoing investigation, which has raised concerns among investors.
Technical analysis suggests a mixed outlook for extreme networks. Swing trading plans recommend buying the stock slightly over $12.06 with a target of $13.73, while day trading plans suggest buying slightly over $11.38 with a target of $11.75. Conversely, short positions are advised if the stock tests resistance levels at $13.73 or $12.06, with downside targets of $10.63.
Ask Aime: What factors drove Extreme Networks' stock surge on April 23, 2025?
