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Extreme Networks (EXTR)
NASDAQ:EXTR
Extreme Networks (EXTR) Stock Price & Analysis
715 Followers
EXTR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.58 - $32.73
Previous Close$11.2
Volume4.77M
Average Volume (3M)2.10M
Market Cap
$1.46B
Enterprise Value$1.48B
Total Cash (Recent Filing)$221.40M
Total Debt (Recent Filing)$246.79M
Price to Earnings (P/E)-181.5
Beta0.98
Next Earnings
Aug 07, 2024EPS Estimate
$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding128,730,411
10 Day Avg. Volume2,484,917
30 Day Avg. Volume2,101,736
Standard Deviation0.18
R-Squared0.32
Alpha0.00098
Financial Highlights & Ratios
Price to Book (P/B)-4.90
Price to Sales (P/S)4.96
Price to Cash Flow (P/CF)10.80
P/FCF Ratio11.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.53
Enterprise Value/Gross Profit1.96
Enterprise Value/Ebitda10.05
Forecast
1Y Price Target
$14.90Price Target Upside33.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Extreme Networks News
Bulls Say, Bears Say
Bulls Say
Financial StabilityWith a healthy cash balance exceeding its gross debt, the company showcases a strong financial position, hinting at potential future investments or shareholder returns.
Regional PerformanceBookings in the EMEA and APAC regions are experiencing robust growth, demonstrating the company's expanding international presence.
Revenue GrowthThe company's ARR from its SaaS offerings has surged, reflecting a strong annual growth and contributing significantly to the total revenue.
Bears Say
Company OutlookAnalyst downgrades Extreme to Neutral due to a lack of compelling short-term catalysts in their market space.
Financial PerformanceGross margins for Products are considerably lower than anticipated and expected to take an extended period to improve.
Revenue GuidanceExtreme's CY1Q guidance indicates Product Sales declining significantly as channel partners reduce inventory.
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Ownership Overview
10.93% Insiders
29.08% Mutual Funds
34.84% Other Institutional Investors
25.15% 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.
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EXTR FAQ
What was Extreme Networks’s price range in the past 12 months?
Extreme Networks lowest stock price was $10.57 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 94 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 $0.14.
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 3M.
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Extreme Networks Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$14.90 (33.04% Upside)
$14.90 (33.04% Upside)
Blogger Sentiment
Bullish
EXTR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 956.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 5.6%
Last 30 Days ▼ 5.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-31.99%
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.
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EXTR Company Deck
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EXTR Earnings Call
Q3 2024
0:00 / 0:00
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EXTR Stock 12 Months Forecast
Average Price Target
$14.90
▲(33.04% Upside)
Technical Analysis
Best Analysts Covering EXTR
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+61.46%
reiterated a buy rating 3 days ago
Copying Dave Kang's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +61.46% per trade.
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