Extreme Networks, Inc. (EXTR) Stock Price, Quote, News & Analysis

EXTR Extreme Networks, Inc.
Stock Price & Overview

$11.67-0.31 (-2.59%)4:00 PM 05/17/24
NASDAQ | $USD | Post-Market: $11.67 5:28 PM

Charts

52 Week Range
10.50
32.73
Day Range
11.60
12.05
EPS (FWD)
0.53
PE (FWD)
22.10
Div Rate
-
Yield
-
Market Cap
$1.52B
Volume
2,210,838
Prev. Close
$11.98

Quant Ranking

Ratings Summary

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EXTR Company Profile

Extreme Networks, Inc. logo
Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired, wireless, and software-defined wide area-network infrastructure equipment. The company offers ExtremeCloud IQ, an ML/AI powered, wired, and wireless cloud network management solution that offers advanced visibility and control over users, devices, and applications; ExtremeCloud IQ – Site Engine that provides task automation, access control, granular visibility with real-time analytics and multi-vendor device management; and ExtremeCloud IQ Essentials offers WIPS, location services, IoT, and guest management services. It also provides wireless local area networks access point products; ExtremeSwitching portfolio that includes access edge products, which offer connection speeds physical presentations along with options to deliver Ethernet or convergence-friendly Power-over-Ethernet (POE), including high-power universal POE; ExtremeCloud SD-WAN, a software-defined wide area networks solution offers an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, support and maintenance, and customer success support; aggregation/core switches designed to address aggregation, top-of-rack, and campus core environments; and data center switches and routers. In addition, the company offers cloud native platforms and applications for service providers; and customer support and services. It markets and sells its products through distributors, resellers, and field sales organizations to healthcare, education, government, manufacturing, retail, and hospitality markets. Extreme Networks, Inc. was incorporated in 1996 and is headquartered in Morrisville, North Carolina.
Employees
2,849
Founded
1996
Address
  • 2121 RDU Center Drive
  • Suite 300
  • Morrisville, NC, 27560
  • United States
Phone Number
408-579-2800

EXTR Revenue

EXTR Earnings Per Share

Earnings Estimates

FY
EPS
YoY
PE
Sales
YoY
2024
0.53
-51.54%
22.10
$1.11B
-15.14%
2025
0.74
+40.01%
15.78
$1.11B
-0.63%
2026
0.99
+34.36%
11.75
$1.19B
+7.86%

Earnings Revisions

Rating:
FY1 Up Revisions
0
FY1 Down Revisions
7
100% Down0% Up

Valuation

Rating:
P/E Non-GAAP (FWD)
22.10
P/E GAAP (TTM)
NM
Price/Book (TTM)
23.33
EV/Sales (TTM)
1.31
EV/EBITDA (TTM)
21.45

Growth

Rating:
Revenue (YoY)
-0.19%
Revenue 3 Year (CAGR)
8.95%
EPS Diluted (YoY)
-
EPS Diluted 3 Year (CAGR)
-
Levered FCF (YoY)
-55.95%

Profitability

Rating:
Gross Profit Margin
59.67%
EBIT Margin
3.96%
Net Income Margin
-0.52%
Return on Equity
-7.53%
Return on Assets
-0.58%

Momentum

Rating:
Ticker
3M
6M
9M
1Y
EXTR
-4.03%
-29.44%
-57.93%
-34.29%
SP500
+5.95%
+17.49%
+21.35%
+27.52%

52 Week Range

10.50
Last price: 11.67
32.73

Capital Structure

Market Cap
$1.52B
Total Debt
$242.16M
Cash
$151.01M
Other
-
Enterprise Value
$1.61B

Trading Data

Volume
2.21M
Average Volume (3 months)
2.11M
Previous Close
11.98
Open
11.98
Shares Outstanding (Ticker)
129.95M

Dividends

EXTR does not currently pay a dividend.

EXTR Ownership

Type
Common Stock Held
% of Shares Outstanding
Market Value
Composition
Institutions
123.10M
94.73%
1.44B
Corporations (Private)
4,199
0.00%
49,002
Individuals / Insiders
3.54M
2.73%
41.36M
State Owned Shares
76,362
0.06%
891,145
Public and Other
3.22M
2.48%
37.59M
Total
129.95M
100.00%
1.52B

EXTR Peers

Title
NTCTHLITVIAVINFN
Company name
NetScout Systems, Inc.
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Industry
Communications EquipmentCommunications EquipmentCommunications EquipmentCommunications Equipment
Market Cap
1.51B
1.36B
1.73B
1.23B
Employees
2,285
1,299
3,600
3,323

Go Premium to see ratings on EXTR peers.

Risk

24M Beta
0.98
Altman Z Score
1.62

Technicals

Title
10D SMA
50D SMA
200D SMA
Simple Moving Average
11.00
11.27
17.58
Last Price vs SMA
+6.06%
+3.58%
-33.63%

EXTR Income Statement

Revenue (TTM)
1.22B
Revenue Per Share
9.50
Gross Profit (TTM)
730.63M
EBITDA (TTM)
74.96M
Net Income (TTM)
-6.33M
EPS Diluted (TTM)
-$0.05
Full Income Statement »

EXTR Balance Sheet

Total Cash (MRQ)
151.01M
Total Cash Per Share
1.16
Total Debt (MRQ)
242.16M
Total Debt to Equity (MRQ)
372.77%
Current Ratio (MRQ)
0.96
Quick Ratio (MRQ)
0.46
Full Balance Sheet »

EXTR Cash Flow Statement

Cash from Operations (TTM)
120.69M
Cash from Investing (TTM)
-18.80M
Levered Free Cash Flow (TTM)
75.93M
Unlevered Free Cash Flow (TTM)
87.49M
Free Cash Flow / Share (TTM)
$0.79

EXTR Long Term Solvency

Total Debt / Equity (MRQ)
372.77
Total Debt / Capital (MRQ)
78.85
LT Debt / Equity (MRQ)
343.04
LT Debt / Total Capital (MRQ)
72.56
Total Liabilities / Total Assets (MRQ)
94.02

Discover More

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Extreme Networks, Inc. (EXTR) Frequently Asked Questions

  • 7 analysts have issued ratings. Wall Street analysts rate EXTR as Bullish on average, for a Wall Street consensus of buy. View EXTR’s ratings here. 1 Seeking Alpha authors also rated the stock, and their ratings often outperform those of Wall Street analysts. Here are their ratings on EXTR
  • Extreme Networks, Inc. is currently listed on NASDAQ under EXTR. One share of EXTR stock can currently be purchased for approximately $11.67.
  • Extreme Networks, Inc. is listed on the NASDAQ as (NASDAQ:EXTR).
  • Extreme Networks, Inc.'s stock symbol is EXTR and currently trades under NASDAQ. It’s current price per share is approximately $11.67.
  • 7 Wall Street analysts have issued ratings. Currently, 4 analysts rated EXTR as Bullish, 0 rated it Bearish, and 3 rated it Neutral. This suggests a possible increase. View EXTR’s analyst predictions. 1 Seeking Alpha authors also rated the stock, and their ratings often outperform those of Wall Street analysts. Here are their ratings on EXTR
  • 7 Wall Street analysts currently have issued price targets for EXTR. On average, EXTR’s share price is expected to reach $14.75. This means EXTR may see an increase. Read more about ratings here.
  • Extreme Networks, Inc.’s latest quarterly earnings per share is $-0.19 with a past EPS surprise of $-0.01. The latest EPS estimate is $0.13. Read more about Extreme Networks, Inc.’s earnings.
  • Extreme Networks, Inc. is currently listed on the NASDAQ under EXTR. You can buy Extreme Networks, Inc. stock in the US through any online brokerage account such as E*TRADE, Charles Schwab, or Merrill Edge. Premium subscribers can easily link their Seeking Alpha portfolios to their brokerage account. (Your credentials will never be made accessible to Seeking Alpha.)
  • Extreme Networks, Inc.’s mailing address is 2121 RDU Center Drive, Morrisville NC 27560, United States. They can be reached by phone at 408-579-2800.
  • Shareholders of EXTR might also be interested in these stocks: NTCT, HLIT, VIAV, INFN, DGII. View more information about EXTR’s peers here.

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NTCT
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