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S&P 500   4,117.86
DOW   33,949.01
QQQ   304.37
Is SoundHound Voice AI the Next Big Thing?
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge (Ad)
CVS Health Corporation Is Coiled And Ready To Spring Higher 
Double Meat: Beyond Meat Could Be 2023’s Next Two-Bagger
Expert Warns FBI: “New Panic is Coming in 2023” (Ad)
3 Solar-Energy Stocks Setting Up In Bullish Bases
V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut
Warning: Biden’s Big Blackout is Coming (Ad)
TG Therapeutics Stock 300% Rally Has Legs Yet
Daqo New Energy Charged Up For New Highs
S&P 500   4,117.86
DOW   33,949.01
QQQ   304.37
Is SoundHound Voice AI the Next Big Thing?
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge (Ad)
CVS Health Corporation Is Coiled And Ready To Spring Higher 
Double Meat: Beyond Meat Could Be 2023’s Next Two-Bagger
Expert Warns FBI: “New Panic is Coming in 2023” (Ad)
3 Solar-Energy Stocks Setting Up In Bullish Bases
V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut
Warning: Biden’s Big Blackout is Coming (Ad)
TG Therapeutics Stock 300% Rally Has Legs Yet
Daqo New Energy Charged Up For New Highs
S&P 500   4,117.86
DOW   33,949.01
QQQ   304.37
Is SoundHound Voice AI the Next Big Thing?
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge (Ad)
CVS Health Corporation Is Coiled And Ready To Spring Higher 
Double Meat: Beyond Meat Could Be 2023’s Next Two-Bagger
Expert Warns FBI: “New Panic is Coming in 2023” (Ad)
3 Solar-Energy Stocks Setting Up In Bullish Bases
V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut
Warning: Biden’s Big Blackout is Coming (Ad)
TG Therapeutics Stock 300% Rally Has Legs Yet
Daqo New Energy Charged Up For New Highs
NASDAQ:EXTR

Extreme Networks - EXTR Stock Forecast, Price & News

$19.32
+0.07 (+0.36%)
(As of 02/8/2023 12:00 AM ET)
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Compare
Today's Range
$18.90
$19.51
50-Day Range
$16.50
$20.44
52-Week Range
$8.49
$21.03
Volume
1.03 million shs
Average Volume
1.69 million shs
Market Capitalization
$2.50 billion
P/E Ratio
53.67
Dividend Yield
N/A
Price Target
$21.25

Extreme Networks MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.0% Upside
$21.25 Price Target
Short Interest
Bearish
7.80% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.31
Upright™ Environmental Score
News Sentiment
0.96mentions of Extreme Networks in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$667,694 Sold Last Quarter
Proj. Earnings Growth
60.66%
From $0.61 to $0.98 Per Share

Overall MarketRank

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

2.18 out of 5 stars

Computer And Technology Sector

119th out of 612 stocks

Computer & Office Equipment Industry

7th 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

MarketBeat Week in Review – 1/30 - 2/3 (EXTR)
The markets are trending lower to end the week. It’s hard to figure out the markets after the blockbuster job report, but the MarketBeat team gave it a shot
Should You Buy Dividend Achiever Cisco Ahead Of Earnings? (EXTR)
Cisco has increased its dividend in each of the past 12 years. The stock has been forming a base with a 10% correction ahead of its February 15 earnings report.
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation
Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. pixel
Why Extreme Networks is a Recession-Proof Technology Play
Spending cuts and layoffs are continually making headlines as the economy contracts. Some of the most prominent household names have announced plans or
Rosenblatt Securities Keeps Their Buy Rating on Extreme Networks (EXTR)
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation
Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. pixel
Why Extreme Networks Stock Took a Dive Today
Extreme Networks Stock Plunges on CFO Exit
Extreme Networks Plunges Following CFO's Resignation
Extreme Networks Inc. Q2 Profit Increases, beats estimates
Extreme Networks Announces CFO Transition
Earnings Preview: Extreme Networks
Here's what Wall Street expects from Extreme Networks's earnings report
See More Headlines
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EXTR Company Calendar

Last Earnings
11/02/2021
Today
2/08/2023
Next Earnings (Estimated)
4/26/2023
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
$21.25
High Stock Price Forecast
$23.50
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+10.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$44.27 million
Pretax Margin
4.85%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$0.96 per share
Book Value
$0.65 per share

Miscellaneous

Free Float
125,100,000
Market Cap
$2.50 billion
Optionable
Optionable
Beta
2.03

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 analysts have issued "buy," "hold," and "sell" ratings for Extreme Networks in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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 2023?

4 equities research analysts have issued 1 year price targets for Extreme Networks' stock. Their EXTR share price forecasts range from $18.00 to $23.50. On average, they expect the company's stock price to reach $21.25 in the next year. This suggests a possible upside of 10.0% 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 2023?

Extreme Networks' stock was trading at $18.31 at the beginning of the year. Since then, EXTR shares have increased by 5.5% and is now trading at $19.32.
View the best growth stocks for 2023 here
.

When is Extreme Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our EXTR earnings forecast
.

How were Extreme Networks' earnings last quarter?

Extreme Networks, Inc. (NASDAQ:EXTR) announced its quarterly earnings results on Tuesday, November, 2nd. The technology company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.05. The technology company earned $267.70 million during the quarter, compared to analyst estimates of $256.94 million. Extreme Networks had a net margin of 4.13% and a trailing twelve-month return on equity of 71.00%. Extreme Networks's quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter last year, the business earned $0.02 earnings per share.

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

Extreme Networks updated its third quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided EPS guidance of $0.23-$0.29 for the period, compared to the consensus earnings per share estimate of $0.26. The company issued revenue guidance of $315.00 million-$325.00 million, compared to the consensus revenue estimate of $313.88 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).

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 many different retail and institutional investors. Top institutional shareholders include Paradigm Capital Management Inc. NY (4.33%), Braun Stacey Associates Inc. (0.89%), Lyell Wealth Management LP (0.42%), Russell Investments Group Ltd. (0.36%), Raymond James & Associates (0.35%) and Lisanti Capital Growth LLC (0.25%). Insiders that own company stock include Charles Carinalli, Edward H Kennedy, 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 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 $19.32.

How much money does Extreme Networks make?

Extreme Networks (NASDAQ:EXTR) has a market capitalization of $2.50 billion and generates $1.11 billion in revenue each year. The technology company earns $44.27 million in net income (profit) each year or $0.36 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 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.
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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 2/9/2023 by MarketBeat.com Staff