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NASDAQ:EXTR - Extreme Networks Stock Price, Forecast & News

$3.09
+0.04 (+1.31 %)
(As of 04/1/2020 04:32 AM ET)
Today's Range
$2.97
Now: $3.09
$3.18
50-Day Range
$1.88
MA: $4.60
$6.50
52-Week Range
$1.43
Now: $3.09
$8.50
Volume1.39 million shs
Average Volume1.74 million shs
Market Capitalization$366.19 million
P/E RatioN/A
Dividend YieldN/A
Beta1.58
Extreme Networks, Inc. provides software-driven networking solutions for enterprise customers worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops the software for network management, policy, analytics, security, and access controls. The company offers edge/access Ethernet switching systems that deliver Ethernet connectivity for edge of the network; aggregation/core Ethernet switching systems for aggregation, top-of-rack, and campus core environments; data center switching systems for enterprises and cloud data centers; and wireless access point products, as well as distributed Wi-Fi networks. It also provides ExtremeControl, a network access control solution that allows the enterprises to unify the security of their wired and wireless networks with visibility and control over users, devices, and applications; and ExtremeAnalytics, a network-powered application analytics and optimization solution, which captures, aggregates, analyzes, correlates, and reports network data that enables in decision making and enhancing business performance. In addition, the company offers ExtremeGuest and ExtremeLocation, which are cloud services that enable enterprises to incorporate location-based services; and ExtremeCloud, a wired and wireless cloud network management solution, which offers visibility and control over users and applications. It markets and sells its products through distributors, resellers, and field sales organizations. The company serves enterprises and organizations in education, healthcare, manufacturing, hospitality, transportation, and logistics, as well as government agencies, private cloud data centers, and universities. Extreme Networks, Inc. was founded in 1996 and is headquartered in San Jose, California.
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Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:EXTR
CUSIP30226D10
Phone408-579-2800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$995.79 million
Cash Flow$0.60 per share
Book Value$0.98 per share

Profitability

Net Income$-25,850,000.00

Miscellaneous

Employees2,713
Market Cap$366.19 million
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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Extreme Networks (NASDAQ:EXTR) Frequently Asked Questions

How has Extreme Networks' stock been impacted by COVID-19 (Coronavirus)?

Extreme Networks' stock was trading at $3.98 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EXTR stock has decreased by 22.4% and is now trading at $3.09. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Extreme Networks?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extreme Networks in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Extreme Networks.

When is Extreme Networks' next earnings date?

Extreme Networks is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Extreme Networks.

How were Extreme Networks' earnings last quarter?

Extreme Networks, Inc (NASDAQ:EXTR) released its quarterly earnings data on Wednesday, January, 29th. The technology company reported $0.13 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.13. The technology company earned $267.50 million during the quarter, compared to analyst estimates of $273.18 million. Extreme Networks had a negative net margin of 8.31% and a positive return on equity of 6.55%. The firm's revenue was up 5.9% compared to the same quarter last year. During the same period last year, the firm posted $0.13 earnings per share. View Extreme Networks' earnings history.

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

Extreme Networks updated its third quarter earnings guidance on Tuesday, February, 25th. The company provided earnings per share guidance of ~$0.03-0.11 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.12. The company issued revenue guidance of ~$240-250 million, compared to the consensus revenue estimate of $258.27 million.

What price target have analysts set for EXTR?

1 equities research analysts have issued 12 month target prices for Extreme Networks' stock. Their forecasts range from $9.00 to $9.00. On average, they anticipate Extreme Networks' share price to reach $9.00 in the next twelve months. This suggests a possible upside of 191.3% from the stock's current price. View analysts' price targets for Extreme Networks.

Has Extreme Networks been receiving favorable news coverage?

Media coverage about EXTR stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Extreme Networks earned a news impact score of -3.0 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View the latest news aboutExtreme Networks.

Are investors shorting Extreme Networks?

Extreme Networks saw a drop in short interest in March. As of March 13th, there was short interest totaling 3,933,900 shares, a drop of 39.5% from the February 27th total of 6,500,000 shares. Based on an average daily trading volume, of 1,743,100 shares, the days-to-cover ratio is presently 2.3 days. Currently, 3.4% of the shares of the company are short sold. View Extreme Networks' Current Options Chain.

Who are some of Extreme Networks' key competitors?

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), Alibaba Group (BABA), Advanced Micro Devices (AMD), AT&T (T), Netflix (NFLX), Applied Materials (AMAT), Cisco Systems (CSCO), General Electric (GE) and Canopy Growth (CGC).

Who are Extreme Networks' key executives?

Extreme Networks' management team includes the following people:
  • Mr. Edward B. Meyercord III, Pres, CEO & Exec. Director (Age 54)
  • Mr. Robert J. Gault, Chief Revenue & Services Officer (Age 56)
  • Mr. Rémi Thomas, Chief Financial Officer
  • Mr. Eric Broockman, Chief Technology & Engineering Officer (Age 64)
  • Ms. Katayoun Motiey, Chief Admin. Officer & Corp. Sec.

What is Extreme Networks' stock symbol?

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

How do I buy shares of Extreme Networks?

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

What is Extreme Networks' stock price today?

One share of EXTR stock can currently be purchased for approximately $3.09.

How big of a company is Extreme Networks?

Extreme Networks has a market capitalization of $366.19 million and generates $995.79 million in revenue each year. The technology company earns $-25,850,000.00 in net income (profit) each year or $0.13 on an earnings per share basis. Extreme Networks employs 2,713 workers across the globe. View additional information about Extreme Networks.

What is Extreme Networks' official website?

The official website for Extreme Networks is http://www.extremenetworks.com/.

How can I contact Extreme Networks?

Extreme Networks' mailing address is 6480 VIA DEL ORO, SAN JOSE CA, 95119. The technology company can be reached via phone at 408-579-2800 or via email at [email protected]


MarketBeat Community Rating for Extreme Networks (NASDAQ EXTR)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  390 (Vote Outperform)
Underperform Votes:  309 (Vote Underperform)
Total Votes:  699
MarketBeat's community ratings are surveys of what our community members think about Extreme Networks and other stocks. Vote "Outperform" if you believe EXTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EXTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/1/2020 by MarketBeat.com Staff

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