NASDAQ:EXTR - Extreme Networks Stock Price, Price Target & More

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

Extreme Networks, Inc (NASDAQ:EXTR) posted its earnings results on Tuesday, May, 8th. The technology company reported $0.16 EPS for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.05. The technology company had revenue of $262 million for the quarter, compared to analysts' expectations of $268.32 million. Extreme Networks had a negative net margin of 3.28% and a positive return on equity of 43.61%. The company's revenue was up 75.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.10 EPS. View Extreme Networks' Earnings History.

Extreme Networks is scheduled to release their next quarterly earnings announcement on Monday, August, 13th 2018. View Earnings Estimates for Extreme Networks.

Extreme Networks updated its fourth quarter earnings guidance on Tuesday, May, 8th. The company provided earnings per share (EPS) guidance of $0.16-0.23 for the period, compared to the Thomson Reuters consensus estimate of $0.29. The company issued revenue guidance of $277.0-287.0 million, compared to the consensus revenue estimate of $288.46 million.

5 brokerages have issued twelve-month price targets for Extreme Networks' stock. Their forecasts range from $15.50 to $18.00. On average, they expect Extreme Networks' share price to reach $16.70 in the next twelve months. View Analyst Ratings for Extreme Networks.

Extreme Networks saw a increase in short interest in the month of April. As of April 30th, there was short interest totalling 5,724,016 shares, an increase of 32.8% from the April 13th total of 4,311,416 shares. Based on an average trading volume of 1,260,938 shares, the short-interest ratio is currently 4.5 days. Currently, 5.1% of the company's shares are sold short.

Some companies that are related to Extreme Networks include Electronics for Imaging (EFII), A10 Networks (ATEN), Digi International (DGII), Silicom (SILC), Allot Communications (ALLT), Lantronix (LTRX), Black Box (BBOX), Xplore Technologies (XPLR), Bio-Key International (BKYI), Echelon (ELON), Intrusion (INTZ), B.O.S. Better Online Solutions (BOSC), COPsync (COYNQ), Eroomsystem Technologies (ERMS) and Interphase (INPHQ).

Press coverage about EXTR stock has been trending somewhat positive on Monday, according to Accern. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Extreme Networks earned a news impact score of 0.01 on Accern's scale. They also assigned news articles about the technology company an impact score of 47.39 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Extreme Networks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BLACKROCK INC. (13.10%), BlackRock Inc. (13.11%), JPMorgan Chase & Co. (2.25%), Dimensional Fund Advisors LP (1.88%), Redwood Investments LLC (1.45%) and Northern Trust Corp (1.24%). Company insiders that own Extreme Networks stock include Charles Carinalli, Edward H Kennedy, Edward Meyercord, John C Shoemaker, John H Kispert, Kathleen M Holmgren and Raj Khanna. View Institutional Ownership Trends for Extreme Networks.

EXTR stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Dimensional Fund Advisors LP, Wells Fargo & Company MN, ClariVest Asset Management LLC, Diversified Investment Strategies LLC, GSA Capital Partners LLP, Millennium Management LLC and UBS Group AG. Company insiders that have sold Extreme Networks company stock in the last year include Charles Carinalli, Edward Meyercord and Raj Khanna. View Insider Buying and Selling for Extreme Networks.

EXTR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Principal Financial Group Inc., Principal Financial Group Inc., Keeley Teton Advisors LLC, Stifel Financial Corp, Allianz Asset Management GmbH, Allianz Asset Management GmbH and Hsbc Holdings PLC. Company insiders that have bought Extreme Networks stock in the last two years include Edward H Kennedy, Edward Meyercord, John C Shoemaker, Kathleen M Holmgren and Raj Khanna. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of EXTR stock can currently be purchased for approximately $8.99.

Extreme Networks has a market capitalization of $1.04 billion and generates $598.12 million in revenue each year. The technology company earns $-8,510,000.00 in net income (profit) each year or $0.34 on an earnings per share basis. Extreme Networks employs 1,628 workers across the globe.

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]