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NASDAQ:EXTR

Extreme Networks (EXTR) Stock Price, News & Analysis

$13.93
+0.20 (+1.46%)
(As of 07/26/2024 ET)
Today's Range
$13.67
$14.02
50-Day Range
$11.06
$14.04
52-Week Range
$10.49
$32.73
Volume
1.09 million shs
Average Volume
2.15 million shs
Market Capitalization
$1.81 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.25

Extreme Networks MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
31.0% Upside
$18.25 Price Target
Short Interest
Bearish
7.90% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.31
Upright™ Environmental Score
News Sentiment
0.50mentions of Extreme Networks in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
350.00%
From $0.08 to $0.36 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.

3.92 out of 5 stars

Computer And Technology Sector

202nd out of 612 stocks

Computer & Office Equipment Industry

8th out of 14 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

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Key Takeaways From Extreme Networks Analyst Ratings
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
6/30/2025

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
$18.25
High Stock Price Target
$33.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+31.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$78.07 million
Pretax Margin
0.69%

Debt

Sales & Book Value

Annual Sales
$1.31 billion
Cash Flow
$1.16 per share
Book Value
$0.91 per share

Miscellaneous

Free Float
125,634,000
Market Cap
$1.81 billion
Optionable
Optionable
Beta
1.79

Social Links

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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

How have EXTR shares performed this year?

Extreme Networks' stock was trading at $17.64 at the beginning of 2024. Since then, EXTR shares have decreased by 21.0% and is now trading at $13.93.
View the best growth stocks for 2024 here
.

How were Extreme Networks' earnings last quarter?

Extreme Networks, Inc. (NASDAQ:EXTR) released its quarterly earnings results on Wednesday, May, 1st. The technology company reported ($0.33) EPS for the quarter, missing analysts' consensus estimates of ($0.27) by $0.06. The technology company had revenue of $211.04 million for the quarter, compared to the consensus estimate of $207.80 million. Extreme Networks had a negative net margin of 0.52% and a positive trailing twelve-month return on equity of 37.36%.

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.

Does Extreme Networks have any subsidiaries?

Extreme Networks subsidiaries include Ipanematech SAS, Aerohive Networks, Brocade Communications Systems, Avaya - Networking business, Enterasys Networks, Zebra Technologies - Wireless LAN Business, Soapstone Networks, and others.

Who are Extreme Networks' major shareholders?

Top institutional shareholders of Extreme Networks include Bank of New York Mellon Corp (0.81%), Raymond James & Associates (0.35%), Mirador Capital Partners LP (0.28%) and Nisa Investment Advisors LLC (0.25%). Insiders that own company stock include Edward Meyercord, Raj Khanna, Kathleen M Holmgren, Remi Thomas, Joseph A Vitalone, Ingrid Burton, Cristina Tate and Charles Carinalli.
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.

What other stocks do shareholders of Extreme Networks own?

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

This page (NASDAQ:EXTR) was last updated on 7/27/2024 by MarketBeat.com Staff

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