Extreme Networks Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Extreme Networks in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Extreme Networks stock.
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Wall Street analysts have given Extreme Networks a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Extreme Networks wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Extreme Networks is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Extreme Networks.

Extreme Networks, Inc. (NASDAQ:EXTR) released its quarterly earnings data on Wednesday, July, 28th. The technology company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.08. The technology company had revenue of $278.09 million for the quarter, compared to the consensus estimate of $263.90 million. Extreme Networks had a trailing twelve-month return on equity of 123.54% and a net margin of 0.19%.
View Extreme Networks' earnings history.

Extreme Networks' stock was trading at $3.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, EXTR stock has increased by 137.2% and is now trading at $9.44.
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Extreme Networks issued an update on its first quarter 2022 earnings guidance on Wednesday, August, 4th. The company provided earnings per share (EPS) guidance of $0.130-$0.200 for the period, compared to the Thomson Reuters consensus estimate of $0.150. The company issued revenue guidance of $250 million-$265 million, compared to the consensus revenue estimate of $255.75 million.

3 analysts have issued twelve-month target prices for Extreme Networks' shares. Their forecasts range from $12.00 to $16.00. On average, they expect Extreme Networks' share price to reach $13.67 in the next year. This suggests a possible upside of 44.8% from the stock's current price.
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380 employees have rated Extreme Networks CEO Ed Meyercord on Glassdoor.com. Ed Meyercord has an approval rating of 62% among Extreme Networks' employees. This puts Ed Meyercord in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Extreme Networks include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Viasat (VSAT), Calix (CALX), EchoStar (SATS), InterDigital (IDCC), Infinera (INFN), NETGEAR (NTGR), ADTRAN (ADTN) and Harmonic (HLIT).
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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).

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

Extreme Networks' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.80%), Vanguard Group Inc. (8.20%), Paradigm Capital Management Inc. NY (4.91%), State Street Corp (3.35%), Bank of New York Mellon Corp (3.10%) and Renaissance Technologies LLC (2.66%). Company insiders that own Extreme Networks stock include Charles Carinalli, Edward H Kennedy, Edward Meyercord, John C Shoemaker, Raj Khanna and Remi Thomas.
View institutional ownership trends for Extreme Networks.

EXTR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Voss Capital LLC, Millennium Management LLC, Penserra Capital Management LLC, Rock Creek Group LP, Lion Point Capital LP, BlackRock Inc., and Bank of America Corp DE. Company insiders that have sold Extreme Networks company stock in the last year include Charles Carinalli, Edward Meyercord, and Remi Thomas.
View insider buying and selling activity for Extreme Networks or view top insider-selling stocks.

EXTR stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Thompson Siegel & Walmsley LLC, Vanguard Group Inc., FMR LLC, Goldman Sachs Group Inc., Invesco Ltd., Great Lakes Advisors LLC, and Federated Hermes Inc.. Company insiders that have bought Extreme Networks stock in the last two years include Edward H Kennedy, John C Shoemaker, and Raj Khanna.
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Shares of EXTR 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.
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One share of EXTR stock can currently be purchased for approximately $9.44.

Extreme Networks has a market capitalization of $1.22 billion and generates $1.01 billion in revenue each year. The technology company earns $1.94 million in net income (profit) each year or $0.29 on an earnings per share basis.

Extreme Networks employs 2,441 workers across the globe.

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.

Extreme Networks was founded in 1996.

The official website for Extreme Networks is www.extremenetworks.com.

Extreme Networks is headquartered at 6480 VIA DEL ORO, SAN JOSE CA, 95119.

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].