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Extreme Networks Stock Forecast, Price & News

-0.42 (-9.38 %)
(As of 10/30/2020 12:00 AM ET)
Today's Range
Now: $4.06
50-Day Range
MA: $4.23
52-Week Range
Now: $4.06
Volume1.32 million shs
Average Volume1.43 million shs
Market Capitalization$499.04 million
P/E RatioN/A
Dividend YieldN/A
Extreme Networks, Inc. provides software-driven networking solutions for enterprise, data center, and service provider customers worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops software for network management, policy, analytics, security, and access controls. The company offers ExtremeSwitching portfolio that includes access edge products that offer physical presentations along with options to deliver Ethernet or convergence-friendly Power-over-Ethernet (POE), including high-power universal POE; aggregation/core switches designed to address aggregation, top-of-rack, and campus core environments; and wireless access point products. It also provides ExtremeNAC, 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, analyses, correlates, and reports network data that enables in decision making and enhancing business performance. In addition, the company offers ExtremeCloud, a wired and wireless cloud network management solution, which offers visibility and control over users, devices, and applications; ExtremeRouting, a cloud-managed access across distributed environment that provides throughput, application-aware traffic shaping and monitoring, end-to-end service, and link prioritization; and an open northbound API for customized integrations to key enterprise platforms. It markets and sells its products through distributors, resellers, and field sales organizations to enterprises and organizations in the education, healthcare, retail, manufacturing, hospitality, transportation and logistics, government agencies, private cloud data centers, universities, and stadiums. Extreme Networks, Inc. was founded in 1996 and is headquartered in San Jose, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.78 out of 5 stars

Industry, Sector and Symbol

Industry Computer & office equipment
Sub-IndustryCommunications Equipment
Current SymbolNASDAQ:EXTR



Sales & Book Value

Annual Sales$948.02 million
Cash Flow$0.43 per share
Book Value$0.04 per share


Net Income$-126,850,000.00


Market Cap$499.04 million
Next Earnings Date2/3/2021 (Estimated)
-0.42 (-9.38 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Extreme Networks (NASDAQ:EXTR) Frequently Asked Questions

How has Extreme Networks' stock price been impacted by Coronavirus?

Extreme Networks' stock was trading at $3.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, EXTR stock has increased by 2.0% and is now trading at $4.06.
View which stocks have been most impacted by COVID-19

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extreme Networks in the last year. There are currently 2 hold ratings and 4 buy ratings 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, February 3rd 2021.
View our earnings forecast for Extreme Networks

How were Extreme Networks' earnings last quarter?

Extreme Networks, Inc. (NASDAQ:EXTR) issued its quarterly earnings results on Wednesday, October, 28th. The technology company reported $0.09 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.06 by $0.03. Extreme Networks had a negative return on equity of 59.45% and a negative net margin of 13.38%.
View Extreme Networks' earnings history

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

Extreme Networks issued an update on its second quarter earnings guidance on Wednesday, October, 28th. The company provided EPS guidance of $0.09-$0.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.09. The company issued revenue guidance of $235-$245 million, compared to the consensus revenue estimate of $238.09 million.

What price target have analysts set for EXTR?

6 equities research analysts have issued 1-year price targets for Extreme Networks' stock. Their forecasts range from $5.00 to $9.50. On average, they anticipate Extreme Networks' share price to reach $6.63 in the next year. This suggests a possible upside of 63.2% from the stock's current price.
View analysts' price targets for Extreme Networks

Are investors shorting Extreme Networks?

Extreme Networks saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 4,750,000 shares, an increase of 25.0% from the September 15th total of 3,800,000 shares. Based on an average daily trading volume, of 1,080,000 shares, the short-interest ratio is currently 4.4 days.
View Extreme Networks' Short Interest

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), 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).

Who are Extreme Networks' key executives?

Extreme Networks' management team includes the following people:
  • Mr. Edward B. Meyercord III, Pres, CEO & Exec. Director (Age 55, Pay $1.12M)
  • Mr. Rémi Thomas, Exec. VP & CFO (Age 52, Pay $620.54k)
  • Mr. Norman J. Rice III, Chief Operating Officer (Age 46)
  • Mr. Nabil Bukhari, CTO & Chief Product 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, Chief Marketing Officer (Age 54)
  • Ms. Dean Chabrier, Chief People Officer
  • Mr. Stephen Patak, Sr. VP of Sales-Americas

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 retail and institutional investors. Top institutional investors include Paradigm Capital Management Inc. NY (5.92%), Assenagon Asset Management S.A. (2.19%), Rock Creek Group LP (0.47%), State of Alaska Department of Revenue (0.09%), Louisiana State Employees Retirement System (0.05%) and Mesirow Financial Investment Management Inc. (0.04%). Company insiders that own Extreme Networks stock include Edward H Kennedy, Edward Meyercord, John C Shoemaker and Robert J Gault.
View institutional ownership trends for Extreme Networks

Which institutional investors are buying Extreme Networks stock?

EXTR stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Rock Creek Group LP, Paradigm Capital Management Inc. NY, Mesirow Financial Investment Management Inc., Louisiana State Employees Retirement System, BNP Paribas Arbitrage SA, and State of Alaska Department of Revenue. Company insiders that have bought Extreme Networks stock in the last two years include Edward H Kennedy, and John C Shoemaker.
View insider buying and selling activity for Extreme Networks

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 $4.06.

How big of a company is Extreme Networks?

Extreme Networks has a market capitalization of $499.04 million and generates $948.02 million in revenue each year. The technology company earns $-126,850,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis. Extreme Networks employs 2,584 workers across the globe.

What is Extreme Networks' official website?

The official website for Extreme Networks is 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]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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