Extreme Networks Stock Soars 22.7% on Investor Confidence

On April 23, 2025, Extreme Networks' stock surged by 22.7% in pre-market trading, marking a significant uptick in investor interest and confidence in the company's prospects.

Analysts have provided varying assessments of Extreme Networks' stock, with some predicting a decline in the next three months while others maintain a bullish stance. The average 12-month price target for the stock is around $19.60, with estimates ranging from $19.83 to $22.00. Despite a recent disappointing quarter, some analysts continue to hold a positive outlook on the company's future performance.

Technical analysis suggests that Extreme Networks' stock is currently in a weak position, with no clear support levels. Traders are advised to be cautious and wait for a turn higher rather than attempting to catch a falling knife. Short-term trading plans include buying the stock slightly over $12.06 with a target of $13.73, or shorting it near $12.06 with a target of $10.63. Day trading plans involve buying the stock slightly over $11.38 with a target of $11.75, or shorting it near $11.38 with a target of $10.63.