Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Extreme Networks (EXTR)
NASDAQ:EXTR
Extreme Networks (EXTR) Stock Price & Analysis
728 Followers
EXTR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.50 - $32.73
Previous Close$13.6
Volume969.02K
Average Volume (3M)2.34M
Market Cap
$1.77B
Enterprise Value$1.79B
Total Cash (Recent Filing)$221.40M
Total Debt (Recent Filing)$246.79M
Price to Earnings (P/E)―
Beta0.88
Next Earnings
Aug 07, 2024EPS Estimate
$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding129,947,600
10 Day Avg. Volume2,649,116
30 Day Avg. Volume2,336,508
Standard Deviation0.17
R-Squared0.30
Alpha0.00355
Financial Highlights & Ratios
Price to Book (P/B)-5.47
Price to Sales (P/S)4.52
Price to Cash Flow (P/CF)12.00
P/FCF Ratio13.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.86
Enterprise Value/Gross Profit2.38
Enterprise Value/Ebitda12.17
Forecast
1Y Price Target
$15.10Price Target Upside11.03% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Extreme Networks News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceExtreme Networks is anticipated to achieve $1.00/share of EPS, suggesting significant potential for valuation recovery.
Growth And RecoveryGrowth in software, penetration into Service Provider VAR channels, and the MSSP market, along with share gains, are expected to bolster growth and help margins recover.
Market OpportunityExtreme Networks is expected to benefit from the merger of HP with Juniper and the disruption at Cisco with the Splunk acquisition, creating an opportunity to gain VARs and customers.
Bears Say
EarningsExtreme's revenues dropped significantly by 36%, indicating a challenging financial period.
Inventory ManagementThere is still $10-$12 million in channel inventories that need to be cleared, showing ongoing inventory challenges.
Regional PerformanceWeak macro conditions in EMEA, especially in Germany, are adversely affecting the company's performance.
---
Ownership Overview
10.96% Insiders
30.00% Mutual Funds
30.15% Other Institutional Investors
28.89% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
EXTR FAQ
What was Extreme Networks’s price range in the past 12 months?
Extreme Networks lowest stock price was $10.49 and its highest was $32.73 in the past 12 months.
What is Extreme Networks’s market cap?
Currently, no data Available
When is Extreme Networks’s upcoming earnings report date?
Extreme Networks’s upcoming earnings report date is Aug 07, 2024 which is in 17 days.
How were Extreme Networks’s earnings last quarter?
Extreme Networks released its earnings results on May 01, 2024. The company reported -$0.19 earnings per share for the quarter, missing the consensus estimate of -$0.179 by -$0.011.
Is Extreme Networks overvalued?
According to Wall Street analysts Extreme Networks’s price is currently Undervalued.
Does Extreme Networks pay dividends?
Extreme Networks does not currently pay dividends.
What is Extreme Networks’s EPS estimate?
Extreme Networks’s EPS estimate is $0.13.
How many shares outstanding does Extreme Networks have?
Extreme Networks has 129,947,600 shares outstanding.
What happened to Extreme Networks’s price movement after its last earnings report?
Extreme Networks reported an EPS of -$0.19 in its last earnings report, missing expectations of -$0.179. Following the earnings report the stock price went up 2.232%.
Which hedge fund is a major shareholder of Extreme Networks?
Among the largest hedge funds holding Extreme Networks’s share is Gotham Asset Management LLC. It holds Extreme Networks’s shares valued at 2M.
---
Extreme Networks Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$15.10 (11.03% Upside)
$15.10 (11.03% Upside)
Blogger Sentiment
Bullish
EXTR Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 111.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $531.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days >0.1%
Last 30 Days >0.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-50.84%
12-Months-Change
Fundamentals
Return on Equity
-7.53%
Trailing 12-Months
Asset Growth
1.60%
Trailing 12-Months
Company Description
Extreme Networks
Extreme Networks, Inc. engages in providing software driven networking solutions for enterprise, data center, and service provider customers. It designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security, and access controls. Its products include ExtremeApplications, ExtremeSwicthing, ExtremeRouting and ExtremeMobiliy. The company was founded in May 1996 and is headquartered in San Jose, CA.
---
EXTR Company Deck
---
EXTR Earnings Call
Q3 2024
0:00 / 0:00
---
EXTR Stock 12 Month Forecast
Average Price Target
$15.10
▲(11.03% Upside)
Technical Analysis
Best Analysts Covering EXTR
1 Year
1 Year Success Rate
15/17 ratings generated profit
1 Year Average Return
+63.72%
reiterated a buy rating 3 months ago
Copying Dave Kang's trades and holding each position for 1 Year would result in 88.24% of your transactions generating a profit, with an average return of +63.72% per trade.
---