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Bullish Case: Amid flat recent price action, EXTR's strong bullish versus bearish risk suggests untapped upside potential if market anxieties subside.


Bearish Case: Persistent supply chain risks and historical price decline signal caution; high P/B ratio indicates potential overvaluation and further downside risk.


Potential Outcomes:

1) Improved supply chain, boosting operations (40%).

2) Continued price stagnation due to market skepticism (35%).

3) Further decline from competitive pressure (25%).


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April 10, 2024


Extreme Networks Forecast

EXTR        Extreme Networks
Price Forecast: BEARISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

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NYCB Forecast + Options Trading Strategies   [NYCB]  New York Community Bancorp (0.95)


AEHR Forecast + Options Trading Strategies   [AEHR]  Aehr Test Systems (0.93)


RILY Forecast + Options Trading Strategies   [RILY]  B. Riley Financial (0.88)


IGT Forecast + Options Trading Strategies   [IGT]  International Game Technology (0.87)


BIDU Forecast + Options Trading Strategies   [BIDU]  Baidu (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to EXTR



OUST Forecast + Options Trading Strategies   [OUST]  Ouster (0.0)


XOP Forecast + Options Trading Strategies   [XOP]  SPDR Oil & Gas Exploration and Production (0.0)


CTVA Forecast + Options Trading Strategies   [CTVA]  Corteva (0.0)


MGM Forecast + Options Trading Strategies   [MGM]  MGM Resorts International (0.0)


FXF Forecast + Options Trading Strategies   [FXF]  Rydex Investments - Invesco CurrencyShares Swiss Franc (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against EXTR



HMY Forecast + Options Trading Strategies   [HMY]  Harmony Gold Mining (-0.85)


GEO Forecast + Options Trading Strategies   [GEO]  Geo Group (-0.86)


IDT Forecast + Options Trading Strategies   [IDT]  IDT Corp. - (-0.88)


BDRY Forecast + Options Trading Strategies   [BDRY]  Breakwave Dry Bulk Shipping (-0.88)


WING Forecast + Options Trading Strategies   [WING]  Wingstop (-0.89)





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