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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
NASDAQ:EXTR

Extreme Networks (EXTR) Stock Price, News & Analysis

$11.13
0.00 (0.00%)
(As of 04/17/2024 ET)
Today's Range
$11.05
$11.40
50-Day Range
$10.70
$12.66
52-Week Range
$10.57
$32.73
Volume
1.62 million shs
Average Volume
2.09 million shs
Market Capitalization
$1.43 billion
P/E Ratio
18.55
Dividend Yield
N/A
Price Target
$22.36

Extreme Networks MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
100.9% Upside
$22.36 Price Target
Short Interest
Bearish
9.11% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.31
Upright™ Environmental Score
News Sentiment
0.20mentions of Extreme Networks in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$376,585 Sold Last Quarter
Proj. Earnings Growth
182.35%
From $0.17 to $0.48 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.23 out of 5 stars

Computer And Technology Sector

130th out of 587 stocks

Computer & Office Equipment Industry

6th out of 13 stocks

EXTR stock logo

About Extreme Networks Stock (NASDAQ:EXTR)

Extreme Networks, Inc. delivers cloud-driven networking solutions that leverage the powers of machine learning, artificial intelligence, analytics, and automation. The company designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security, and access controls. Over 50,000 customers globally trust their end-to-end, cloud-driven networking solutions and rely on our top-rated services and support to accelerate their digital transformation efforts.

EXTR Stock Price History

EXTR Stock News Headlines

Extreme Networks (NASDAQ:EXTR) Shares Gap Up to $10.70
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Extreme Networks (NASDAQ:EXTR) Upgraded by B. Riley to Buy
The Analyst Landscape: 5 Takes On Extreme Networks
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Extreme Networks: Back For Another Look
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Today
4/17/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:EXTR
CUSIP
30226D10
Employees
2,849
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$22.36
High Stock Price Target
$35.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+98.7%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$78.07 million
Pretax Margin
7.39%

Debt

Sales & Book Value

Annual Sales
$1.31 billion
Cash Flow
$1.15 per share
Book Value
$0.91 per share

Miscellaneous

Free Float
124,456,000
Market Cap
$1.45 billion
Optionable
Optionable
Beta
1.90

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Key Executives

  • Mr. Edward B. Meyercord III (Age 56)
    Pres, CEO & Exec. Director
    Comp: $1.12M
  • Mr. Rémi ThomasMr. Rémi Thomas (Age 53)
    Exec. VP & CFO
    Comp: $620.54k
  • Mr. Norman J. Rice III (Age 47)
    Chief Operating Officer
  • Mr. Nabil Bukhari
    CTO & Chief Product Officer
  • Mr. John Abel
    Chief Information Officer
  • Ms. Katayoun Motiey
    Chief Sustainability Officer, Chief Admin. Officer & Corp. Sec.
  • Mr. Stanley Kovler
    VP of Strategy & Investor Relations
  • Ms. Gina M. Christopher
    Deputy Gen. Counsel
  • Mr. Wesley Dean Durow (Age 55)
    Chief Marketing Officer
  • Mr. Stephen Patak
    Sr. VP of Sales-Americas

EXTR Stock Analysis - Frequently Asked Questions

Should I buy or sell Extreme Networks stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Extreme Networks in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EXTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EXTR, but not buy additional shares or sell existing shares.
View EXTR analyst ratings
or view top-rated stocks.

What is Extreme Networks' stock price target for 2024?

7 Wall Street research analysts have issued 1 year price targets for Extreme Networks' shares. Their EXTR share price targets range from $14.00 to $35.00. On average, they predict the company's share price to reach $22.36 in the next twelve months. This suggests a possible upside of 100.9% from the stock's current price.
View analysts price targets for EXTR
or view top-rated stocks among Wall Street analysts.

How have EXTR shares performed in 2024?

Extreme Networks' stock was trading at $17.64 at the beginning of 2024. Since then, EXTR stock has decreased by 36.9% and is now trading at $11.13.
View the best growth stocks for 2024 here
.

When is Extreme Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our EXTR earnings forecast
.

How can I listen to Extreme Networks' earnings call?

Extreme Networks will be holding an earnings conference call on Wednesday, May 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Extreme Networks' earnings last quarter?

Extreme Networks, Inc. (NASDAQ:EXTR) posted its quarterly earnings data on Wednesday, January, 31st. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by $0.05. The technology company earned $296.38 million during the quarter, compared to the consensus estimate of $295.50 million. Extreme Networks had a net margin of 5.96% and a trailing twelve-month return on equity of 98.24%.

What guidance has Extreme Networks issued on next quarter's earnings?

Extreme Networks issued an update on its third quarter earnings guidance on Wednesday, January, 31st. The company provided earnings per share (EPS) guidance of $(0.22)-$(0.17) for the period, compared to the consensus EPS estimate of $0.28. The company issued revenue guidance of $200-210 million, compared to the consensus revenue estimate of $321.36 million.

What is Ed Meyercord's approval rating as Extreme Networks' CEO?

521 employees have rated Extreme Networks Chief Executive Officer Ed Meyercord on Glassdoor.com. Ed Meyercord has an approval rating of 62% among the company's employees. This puts Ed Meyercord in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 70.0% of employees surveyed would recommend working at Extreme Networks to a friend.

What other stocks do shareholders of Extreme Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Extreme Networks investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), AT&T (T), Applied Materials (AMAT), General Electric (GE), Tesla (TSLA), Cisco Systems (CSCO) and Onsemi (ON).

Who are Extreme Networks' major shareholders?

Extreme Networks' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Counterpoint Mutual Funds LLC (0.02%). Insiders that own company stock include Charles Carinalli, Cristina Tate, Edward Meyercord, Ingrid Burton, John C Shoemaker, Joseph A Vitalone, Kathleen M Holmgren, Raj Khanna and Remi Thomas.
View institutional ownership trends
.

How do I buy shares of Extreme Networks?

Shares of EXTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Extreme Networks have any subsidiaries?
The following companies are subsidiares of Extreme Networks: Aerohive Networks, Aerohive Networks (Hangzhou) Ltd., Aerohive Networks Europe Ltd., Aerohive Networks Inc., Aerohive Networks LLC, Aerohive Networks Ltd., Avaya - Networking business, Brocade Communications Systems, Enterasys Networks, Enterasys Networks Inc., Extreme Federal Inc., Extreme Network Bilisim Teknolojileri Hizmetleri Limited Sirketi, Extreme Networks APAC Sdn Bhd, Extreme Networks Australia PTY Ltd., Extreme Networks Belgium SARL, Extreme Networks Canada Inc., Extreme Networks Chile Ltda., Extreme Networks China Ltd., Extreme Networks Delaware LLC, Extreme Networks Do Brazil Ltda, Extreme Networks EMEA Ltd., Extreme Networks France SAS, Extreme Networks GmbH, Extreme Networks Hong Kong Ltd., Extreme Networks IHC Inc., Extreme Networks Inc., Extreme Networks India Private Ltd., Extreme Networks International Ltd., Extreme Networks Ireland Holding Ltd., Extreme Networks Ireland Ltd., Extreme Networks Ireland Ops Ltd., Extreme Networks KK, Extreme Networks Korea Ltd., Extreme Networks Mauritius, Extreme Networks Mexico SA de CV, Extreme Networks Netherlands BV, Extreme Networks Rus LLC, Extreme Networks SRL, Extreme Networks Singapore Pte. Ltd., Extreme Networks Spain SL, Extreme Networks Switzerland GmbH, Extreme Networks Technology Co. (Beijing) Ltd., Extreme Networks UK Technology Ltd., Extreme Networks s.r.o., IHC Networks AB, IpanemaTech UK Ltd, Ipanematech SAS, Optranet, Soapstone Networks, and Zebra Technologies - Wireless LAN Business.
Read More
This page (NASDAQ:EXTR) was last updated on 4/17/2024 by MarketBeat.com Staff

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