Rosenblatt Rates Extreme Networks (EXTR) buy, $39 Price Target

Rosenblatt has reiterated its 'buy' rating for Extreme Networks, setting a price target of $39, a 23.26% upside from the current price.

By EarningsIQ Research Desk · Published Jun 12, 2026, 9:13 PM EDT · Updated Jun 17, 2026, 6:01 AM EDT

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Rosenblatt rated Extreme Networks, Inc. ($EXTR) "buy" with a $39 price target on June 11, 2026.

Since the rating, $EXTR is up 1.0% after 1 week, up 5.9% after 1 month and down 30.1% to date (from the $31.07 close on Jun 11, 2026).

EXTR Extreme Networks, Inc.

$21.73 +31.38% year to date

Daily close · Oct 16, 2026

Key Points

Rosenblatt reiterated its 'buy' rating for Extreme Networks, raising the target price to $39 from $39 on June 11, 2026.
Extreme Networks shares recently traded at $31.64, which is below the new target, suggesting potential for upside.
The stock has a P/E ratio of about 73.3 and is experiencing revenue growth of 10.3%.

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Rosenblatt Maintains Buy Rating

Rosenblatt has reiterated its 'buy' rating for Extreme Networks, Inc. (EXTR) on June 11, 2026, with a target price of $39. The firm noted that this target remains unchanged from its previous rating, reflecting confidence in the company's performance.

Stock Positioned for Potential Upside

Extreme Networks shares are currently trading at $31.64. This price is below the new target, which suggests that there could be room for growth as the market reassesses the stock's value. Additionally, the stock's recent performance shows it is gaining traction, trading above its 50-day moving average of about $25.44.

12-month forecast

$EXTR price target

Extreme Networks, Inc. daily closes and this analyst's $39 target. Not advice.

Analysts Set New Price Targets

On August 6, 2026, several firms maintained their 'buy' ratings for Extreme Networks. B. Riley Securities set its target at $34, up from $28, while Needham also maintained a target of $35. Another Rosenblatt analyst maintained a $38 target, reflecting a strong consensus around the stock's potential.

What Extreme Networks, Inc. Does

Extreme Networks, Inc. develops and sells network infrastructure equipment and software solutions across various regions. The firm's offerings include a cloud-based network management solution and services tailored to enterprise customers and service providers. As the technology sector evolves, Extreme is well-positioned to capitalize on demand for advanced networking solutions.

What to Watch at Extreme Networks, Inc.

Investors should keep an eye on Extreme Networks as it approaches its next earnings report on October 28, 2026. With the recent analyst ratings and the company's growth trajectory, further developments could impact its stock performance positively. Remember, the latest analyst ratings are based on data available as of the reporting date and may not reflect current positions.