Extreme Networks (EXTR)
NASDAQ:EXTR
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EXTR Stock Chart & Stats
$17.99
$0.00(0.00%)
At close: 4:00 PM EST
$17.99
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$13.48 - $31.57
Previous CloseN/A
Volume133.88K
Average Volume (3M)2.36M
Market Cap
$4.07B
Enterprise Value$3.49B
Total Cash (Recent Filing)$210.11M
Total Debt (Recent Filing)$235.74M
Price to Earnings (P/E)254.1
Beta1.74
Next Earnings
Aug 12, 2026EPS Estimate
0.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.12
Shares Outstanding130,778,090
10 Day Avg. Volume2,084,200
30 Day Avg. Volume2,360,486
Financial Highlights & Ratios
PEG Ratio3.48
Price to Book (P/B)36.22
Price to Sales (P/S)2.08
P/FCF Ratio18.66
Enterprise Value/Market Cap0.86
Enterprise Value/Revenue2.79
Enterprise Value/Gross Profit4.55
Enterprise Value/Ebitda56.04
Forecast
1Y Price Target
$30.42Price Target Upside69.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)1.03
Revenue Forecast (FY)$1.28B
Bulls Say, Bears Say
Bulls Say
Recurring SaaS ARR GrowthSustained ARR growth increases predictable recurring revenue, improving revenue visibility and retention economics. A larger recurring base supports higher lifetime value, steadier cash flows, and cross-sell opportunities, underpinning durable margin expansion and reduced revenue cyclicality.
Strong Free Cash Flow GenerationMeaningful free cash flow provides financial flexibility to pay down debt, fund R&D, invest in go-to-market, and support buybacks. High FCF relative to earnings also cushions the business against demand swings and underpins sustainable capital allocation over the medium term.
Improving Gross Margins And ProfitabilityHigher gross and operating margins reflect better product mix, SaaS mix, and operational leverage. Sustained margin improvement increases cash conversion and funds reinvestment, making the business more resilient to competition and supporting durable earnings growth if execution continues.
Bears Say
Elevated LeverageHigh debt relative to equity constrains balance-sheet flexibility and raises interest and refinancing risk. Even with improving cash flow, leverage limits the company's ability to pursue M&A, cyclical investments or large buybacks and increases vulnerability if cash generation weakens.
Thin TTM Margins And SensitivityDespite quarterly improvements, trailing margins remain thin, making profitability highly sensitive to modest revenue or cost swings. This structural margin fragility can amplify earnings volatility and complicate multi-quarter planning for investment and deleveraging.
Pricing Pass-through UncertaintyIf price increases fail to fully pass through because of long quoting cycles and competitor discounting, cost inflation will erode margins. Persistent discounting dynamics can limit sustainable margin recovery and reduce the long-term cash impact of product price actions.
Extreme Networks News
EXTR FAQ
What was Extreme Networks’s price range in the past 12 months?
Extreme Networks lowest stock price was $13.47 and its highest was $31.57 in the past 12 months.
What is Extreme Networks’s market cap?
Extreme Networks’s market cap is $4.07B.
When is Extreme Networks’s upcoming earnings report date?
Extreme Networks’s upcoming earnings report date is Aug 12, 2026 which is in 57 days.
How were Extreme Networks’s earnings last quarter?
Extreme Networks released its earnings results on Apr 29, 2026. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.237 by $0.023.
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 0.29.
How many shares outstanding does Extreme Networks have?
Extreme Networks has 130,778,090 shares outstanding.
What happened to Extreme Networks’s price movement after its last earnings report?
Extreme Networks reported an EPS of $0.26 in its last earnings report, beating expectations of $0.237. Following the earnings report the stock price went up 28.152%.
Which hedge fund is a major shareholder of Extreme Networks?
Currently, no hedge funds are holding shares in EXTR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Extreme Networks Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$30.42 (69.08% Upside)
$30.42 (69.08% Upside)
Blogger Sentiment
Bullish
EXTR Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 720.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 5.2%
Last 30 Days ▼ 5.2%
News Sentiment
Bullish
Bullish news 79%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Positive
20 days / 200 days
Momentum
86.28%
12-Months-Change
Fundamentals
Return on Equity
21.07%
Trailing 12-Months
Asset Growth
9.04%
Trailing 12-Months
Company Description
Extreme Networks
Extreme Networks, Inc. is a global provider specializing in software-driven networking solutions. The company designs, develops, and manufactures both wired and wireless network infrastructure equipment, in addition to creating sophisticated software for network administration, policy enforcement, data analytics, cybersecurity, and access control. Central to its product line is ExtremeCloud IQ, an ML/AI-powered cloud network management solution that provides advanced visibility and control over users, devices, and applications across wired and wireless networks. Complementing this is ExtremeCloud IQ – Site Engine, which offers task automation, access control, granular real-time analytics, and multi-vendor device management. Furthermore, ExtremeCloud IQ Essentials extends features like Wireless Intrusion Prevention Systems (WIPS), location services, IoT capabilities, and guest management. Hardware offerings include wireless access point products and the comprehensive ExtremeSwitching portfolio. This portfolio features access edge devices with standard Ethernet and various Power-over-Ethernet (PoE) options, including high-power universal PoE; aggregation/core switches for network backbone requirements; and data center switches and routers. The company also develops cloud-native platforms and applications tailored for service providers, alongside offering robust customer support and professional services. Its products are marketed and sold globally through distributors, resellers, and field sales organizations, serving diverse markets such as healthcare, education, government, manufacturing, retail, and hospitality. Incorporated in 1996, Extreme Networks, Inc. maintains its headquarters in Morrisville, North Carolina.
EXTR Company Deck
EXTR Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted multiple clear operational and financial improvements: revenue beat, sustained double-digit growth, rapid SaaS ARR acceleration (+29% YoY), margin expansion (62.3% GM, +30 bps q/q), recordably strong EBITDA, resolved supply constraints and meaningful product and partner traction (Wi‑Fi 7 adoption, Platform ONE wins, MSP growth). Lowlights were primarily execution/timing and margin-transmission uncertainties — higher component costs necessitating price increases whose net benefits are diluted by discounting, some project timing shifts and regional shipping delays. Overall, positives (growth, margin improvement, supply resolution, recurring revenue momentum, capital returns) materially outweigh the challenges, though timing and competitive dynamics require monitoring.View all EXTR earnings summariesEXTR Stock 12 Month Forecast
Average Price Target
$30.42
▲(69.08% Upside)
Technical Analysis
Ownership Overview
3.02% Insiders
28.16% Mutual Funds
24.38% Other Institutional Investors
16.61% Public Companies and
Individual Investors