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S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
'A Gold Storm Is Coming' (Ad)
Is There Value In These Growth Stocks?
MarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMC
Goldman Sachs Alum Sounds Alarm on "Next US Crisis" (Ad)
Build A Better Tech Portfolio With Jabil Inc.
US stocks end mixed a day after Dow entered a bear market
What’s the Obsession Over Inflation? (Ad)pixel
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Leaks on Russian gas pipelines raise concerns about sabotage
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
'A Gold Storm Is Coming' (Ad)
Is There Value In These Growth Stocks?
MarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMC
Goldman Sachs Alum Sounds Alarm on "Next US Crisis" (Ad)
Build A Better Tech Portfolio With Jabil Inc.
US stocks end mixed a day after Dow entered a bear market
What’s the Obsession Over Inflation? (Ad)pixel
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Leaks on Russian gas pipelines raise concerns about sabotage
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
'A Gold Storm Is Coming' (Ad)
Is There Value In These Growth Stocks?
MarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMC
Goldman Sachs Alum Sounds Alarm on "Next US Crisis" (Ad)
Build A Better Tech Portfolio With Jabil Inc.
US stocks end mixed a day after Dow entered a bear market
What’s the Obsession Over Inflation? (Ad)pixel
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Leaks on Russian gas pipelines raise concerns about sabotage
NASDAQ:EXTR

Extreme Networks - EXTR Stock Forecast, Price & News

$12.53
+0.27 (+2.20%)
(As of 09/27/2022 12:00 AM ET)
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Compare
Today's Range
$12.27
$12.78
50-Day Range
$10.60
$15.35
52-Week Range
$8.49
$16.60
Volume
908,823 shs
Average Volume
1.19 million shs
Market Capitalization
$1.64 billion
P/E Ratio
36.85
Dividend Yield
N/A
Price Target
$17.38

Extreme Networks MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
38.7% Upside
$17.38 Price Target
Short Interest
Bearish
5.99% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.37mentions of Extreme Networks in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$1.65 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars

Computer And Technology Sector

415th out of 636 stocks

Computer & Office Equipment Industry

10th out of 13 stocks

EXTR stock logo

About Extreme Networks (NASDAQ:EXTR) Stock

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.

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EXTR Stock News Headlines

Extreme Networks (NASDAQ:EXTR) Rating Lowered to Buy at StockNews.com
Extreme Strengthens APAC Leadership Team
NetScout (NTCT) Moves 9.4% Higher: Will This Strength Last?
Is Extreme Networks (EXTR) a Smart Long-Term Buy?
The Best 5 Stocks Under $20 to Buy Now
Extreme Networks Climbs 6%; Launches Outdoor Wi-Fi 6E Access Point
What 4 Analyst Ratings Have To Say About Extreme Networks
See More Headlines
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EXTR Company Calendar

Last Earnings
7/27/2022
Today
9/27/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:EXTR
CUSIP
30226D10
Employees
2,643
Year Founded
1996

Price Target and Rating

Average Stock Price Forecast
$17.38
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$14.50
Forecasted Upside/Downside
+38.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$44.27 million
Pretax Margin
4.69%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$0.95 per share
Book Value
$0.69 per share

Miscellaneous

Free Float
127,128,000
Market Cap
$1.64 billion
Optionable
Optionable
Beta
2.05

Social Links


Key Executives

  • Mr. Edward B. Meyercord IIIMr. 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 - Frequently Asked Questions

Should I buy or sell Extreme Networks stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Extreme Networks in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EXTR shares.
View EXTR analyst ratings
or view top-rated stocks.

What is Extreme Networks' stock price forecast for 2022?

4 brokerages have issued 12 month price targets for Extreme Networks' stock. Their EXTR share price forecasts range from $14.50 to $20.00. On average, they anticipate the company's share price to reach $17.38 in the next twelve months. This suggests a possible upside of 38.7% 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 2022?

Extreme Networks' stock was trading at $15.70 at the beginning of 2022. Since then, EXTR stock has decreased by 20.2% and is now trading at $12.53.
View the best growth stocks for 2022 here
.

When is Extreme Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our EXTR earnings forecast
.

How were Extreme Networks' earnings last quarter?

Extreme Networks, Inc. (NASDAQ:EXTR) issued its earnings results on Wednesday, July, 27th. The technology company reported $0.15 EPS for the quarter, hitting the consensus estimate of $0.15. The technology company had revenue of $278.20 million for the quarter, compared to analysts' expectations of $268.96 million. Extreme Networks had a trailing twelve-month return on equity of 82.16% and a net margin of 3.98%. The business's revenue was up .0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 EPS.

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

Extreme Networks issued an update on its first quarter 2023 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $0.15-$0.20 for the period, compared to the consensus EPS estimate of $0.17. The company issued revenue guidance of $279.00 million-$289.00 million, compared to the consensus revenue estimate of $278.51 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 ON Semiconductor (ON).

What is Extreme Networks' stock symbol?

Extreme Networks trades on the NASDAQ under the ticker symbol "EXTR."

Who are Extreme Networks' major shareholders?

Extreme Networks' stock is owned by a variety of institutional and retail investors. Top institutional investors include Paradigm Capital Management Inc. NY (4.57%), FMR LLC (3.67%), State Street Corp (3.37%), Goldman Sachs Group Inc. (2.74%), Voss Capital LLC (2.37%) and Renaissance Technologies LLC (1.44%). Insiders that own company stock include Charles Carinalli, Edward H Kennedy, Edward Meyercord, Ingrid Burton, John C Shoemaker, Joseph A Vitalone, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Extreme Networks' stock price today?

One share of EXTR stock can currently be purchased for approximately $12.53.

How much money does Extreme Networks make?

Extreme Networks (NASDAQ:EXTR) has a market capitalization of $1.64 billion and generates $1.11 billion in revenue each year. The technology company earns $44.27 million in net income (profit) each year or $0.34 on an earnings per share basis.

How many employees does Extreme Networks have?

The company employs 2,643 workers across the globe.

Does Extreme Networks have any subsidiaries?
The following companies are subsidiares of Extreme Networks: Aerohive Networks, Aerohive Networks (Hangzhou) Ltd., Aerohive Networks Australia Ltd., Aerohive Networks Europe Ltd., Aerohive Networks Inc., Aerohive Networks LLC, Aerohive Networks Netherlands BV, Aerohive Networks Netherlands Cooperatief UA, Aerohive Networks New Zealand Ltd., Avaya - Networking business, Enterasys Networks, Enterasys Networks Argentina SA, Enterasys Networks Inc., Extreme Federal Inc., Extreme Networks APAC Sdn Bhd., Extreme Networks Australia PTY Ltd., Extreme Networks BV, Extreme Networks Canada Inc., Extreme Networks Chile Ltda, Extreme Networks China Ltd., Extreme Networks Delaware LLC, Extreme Networks Do Brasil Ltda., Extreme Networks Do Brazil Ltda, Extreme Networks EMEA Ltd., 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 Limited, Extreme Networks Ireland Ops Limited, 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 SARL, 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 Limited, Extreme Networks s.r.o., IHC Networks AB, Optranet, Soapstone Networks, Summit CV, and Zebra Technologies - Wireless LAN Business.
Read More
How can I contact Extreme Networks?

Extreme Networks' mailing address is 6480 VIA DEL ORO, SAN JOSE CA, 95119. The official website for the company is www.extremenetworks.com. The technology company can be reached via phone at 408-579-2800, via email at investor_relations@extremenetworks.com, or via fax at 408-904-7002.

This page (NASDAQ:EXTR) was last updated on 9/28/2022 by MarketBeat.com Staff

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