Extreme Networks (EXTR) Stock Price, News & Analysis

Company Overview

Extreme Networks, Inc. (NASDAQ: EXTR) is a global provider of end-to-end network infrastructure and software-driven networking solutions. Headquartered in San Jose, California, the company designs, develops and supports high-performance switching, routing, wireless LAN, network access control and analytics platforms. Its integrated portfolio addresses the needs of enterprise, data center, service provider, government and campus environments.

Founded in 1996 as a spin-off from Cabletron Systems’ data networking business, Extreme Networks has grown through a combination of organic innovation and strategic acquisitions. Key additions to its portfolio include Enterasys Networks, Brocade Communications’ data center switching and routing assets, Avaya’s networking business and Aerohive Networks. These acquisitions have expanded Extreme’s ability to deliver comprehensive wired and wireless solutions as well as cloud-managed services.

Extreme’s product suite features hardware and software components built around its ExtremeCloud IQ platform, which offers AI-driven analytics, policy orchestration and automation across distributed network environments. The company also provides its Fabric Connect technology for scalable layer-2 and layer-3 connectivity, designed to simplify operations in enterprise campuses and data centers. Supplementary services include professional consulting, managed services and technical support to ensure network performance and security.

Serving customers across the Americas, Europe, the Middle East, Africa and Asia-Pacific, Extreme Networks maintains a global support infrastructure with regional offices and partner networks. Under the leadership of President and CEO Ed Meyercord since 2017, the company continues to focus on cloud, AI and edge networking innovations to meet the evolving demands of digital transformation projects worldwide.

Key Stats

• Today's Range: $18.49 to $18.81
• 50-Day Range: $13.07 to $18.69
• 52-Week Range: $10.10 to $19.24
• Volume: 623,558 shs
• Average Volume: 1.23 million shs
• Market Capitalization: $2.49 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $18.92
• Consensus Rating: Moderate Buy

Extreme Networks Stock Analysis - MarketRank™

Extreme Networks scored higher than 55% of companies evaluated by MarketBeat, and ranked 368th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Extreme Networks has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Extreme Networks has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 87.10%

Earnings Growth

Earnings for Extreme Networks are expected to grow by 87.10% in the coming year, from $0.31 to $0.58 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Extreme Networks is -45.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Extreme Networks is -45.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Extreme Networks has a PEG Ratio of 2.20. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Extreme Networks has a P/B Ratio of 98.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.19% of the float of Extreme Networks has been sold short.

Short Interest Ratio / Days to Cover

Extreme Networks has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Extreme Networks has recently increased by 6.22%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Extreme Networks does not currently pay a dividend.

Dividend Growth

Extreme Networks does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -1.31

Percentage of Shares Shorted

5.19% of the float of Extreme Networks has been sold short.

Short Interest Ratio / Days to Cover

Extreme Networks has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Extreme Networks has recently increased by 6.22%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.53

News Sentiment

Extreme Networks has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Extreme Networks this week, compared to 11 articles on an average week.

Search Interest

Only 9 people have searched for EXTR on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Extreme Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Extreme Networks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,313,523.00 in company stock.

Percentage Held by Insiders

Only 3.70% of the stock of Extreme Networks is held by insiders.

Percentage Held by Institutions

91.05% of the stock of Extreme Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EXTR Stock Analysis - Frequently Asked Questions

How have EXTR shares performed this year?

Extreme Networks' stock was trading at $16.74 on January 1st, 2025. Since then, EXTR shares have increased by 11.6% and is now trading at $18.69.

How were Extreme Networks' earnings last quarter?

Extreme Networks, Inc. (NASDAQ:EXTR) announced its quarterly earnings data on Wednesday, April, 30th. The technology company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.02. The business's revenue was up 34.8% on a year-over-year basis.
Read the conference call transcript.

How will Extreme Networks' stock buyback program work?

Extreme Networks' board authorized a stock repurchase program on Tuesday, February 18th 2025, which permits the company to repurchase $200,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 9.2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its shares are undervalued.

Does Extreme Networks have any subsidiaries?

Extreme Networks subsidiaries include these companies: Ipanematech SAS, Aerohive Networks, Brocade Communications Systems, Avaya - Networking business, Enterasys Networks, Zebra Technologies - Wireless LAN Business, Soapstone Networks, and others.

Who are Extreme Networks' major shareholders?

Top institutional shareholders of Extreme Networks include Central Pacific Bank Trust Division (0.02%). Insiders that own company stock include Edward Meyercord, Charles Carinalli, Raj Khanna, Kathleen M Holmgren, Remi Thomas, Joseph A Vitalone, Ingrid Burton and Cristina Tate.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Extreme Networks own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Extreme Networks investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 4/30/2025
• Today: 7/06/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: COMP - NETWORKS
• Sub-Industry: Communications Equipment
• Current Symbol: NASDAQ:EXTR
• CIK: 1078271
• Web: www.extremenetworks.com
• Phone: 408-579-2800
• Fax: 408-904-7002
• Employees: 2,656
• Year Founded: 1996

Price Target and Rating

• Average Stock Price Target: $18.92
• High Stock Price Target: $22.50
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +1.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.41)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 60.29
• P/E Growth: 2.2
• Net Income: -$85.96 million
• Net Margins: -4.94%
• Pretax Margin: -4.09%
• Return on Equity: 13.79%
• Return on Assets: 0.59%

Debt

• Debt-to-Equity Ratio: 2.33
• Current Ratio: 0.93
• Quick Ratio: 0.70

Sales & Book Value

• Annual Sales: $1.12 billion
• Price / Sales: 2.23
• Cash Flow: $0.20 per share
• Price / Cash Flow: 95.17
• Book Value: $0.19 per share
• Price / Book: 98.37

Miscellaneous

• Outstanding Shares: 133,170,000
• Free Float: 128,241,000
• Market Cap: $2.49 billion
• Optionable: Optionable
• Beta: 1.73