Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Extreme Networks (GB:0IJW)
LSE:0IJW
Extreme Networks (0IJW) Share Price & Analysis
1 Followers
0IJW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.61 - $32.73
Previous Close$11.02
Volume738.00
Average Volume (3M)1.65K
Market Cap
$1.41B
Enterprise Value$1.43B
Total Cash (Recent Filing)$221.40M
Total Debt (Recent Filing)$246.79M
Price to Earnings (P/E)18.3
Beta0.78
Next Earnings
May 01, 2024EPS Estimate
-$0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.60
Shares Outstanding128,730,411
10 Day Avg. Volume455
30 Day Avg. Volume1,647
Standard Deviation0.18
R-Squared0.33
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-4.77
Price to Sales (P/S)3.77
Price to Cash Flow (P/CF)10.50
P/FCF Ratio11.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.48
Enterprise Value/Gross Profit1.90
Enterprise Value/Ebitda9.73
Forecast
1Y Price Target
$14.58Price Target Upside32.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Extreme Networks News
Bulls Say, Bears Say
Bulls Say
Financial HealthThe company maintains a healthy cash reserve exceeding its gross debt, showcasing solid financial stability.
Financial PerformanceSaaS Annual Recurring Revenue (ARR) has grown significantly, indicating a strong and consistent revenue stream.
Market ExpansionBookings in EMEA and APAC regions are experiencing robust growth, signaling expanding market presence.
Bears Say
Company PerformanceExtreme preannounced an ~8% revenue miss for 2Q24 due to the industry headwinds of channel digestion and elongated sales cycles.
Earnings ForecastCY1Q guidance has Product Sales down ~60% yr-yr as channel partners clear $40-$50 million in Inventory.
Revenue ExpectationsExtreme’s Q3 midpoint revenue guide of $205M vs the $321M consensus.
---
Options Prices
Currently, No data available
---
Ownership Overview
11.04% Insiders
29.03% Mutual Funds
33.67% Other Institutional Investors
26.27% Public Companies and
Individual Investors
0IJW FAQ
What was Extreme Networks’s price range in the past 12 months?
Extreme Networks lowest share price was $10.61 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 May 01, 2024 which is in 11 days.
How were Extreme Networks’s earnings last quarter?
Extreme Networks released its earnings results on Jan 31, 2024. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.248 by -$0.008.
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 -$0.18.
How many shares outstanding does Extreme Networks have?
Extreme Networks has 128,730,410 shares outstanding.
What happened to Extreme Networks’s price movement after its last earnings report?
Extreme Networks reported an EPS of $0.24 in its last earnings report, missing expectations of $0.248. Following the earnings report the stock price went down -16.498%.
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.
---
Extreme Networks Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$14.58 (32.29% Upside)
$14.58 (32.29% Upside)
Blogger Sentiment
Bullish
GB:0IJW Sentiment 100%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-40.82%
12-Months-Change
Fundamentals
Return on Equity
83.24%
Trailing 12-Months
Asset Growth
7.58%
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.
---
0IJW Company Deck
---
0IJW Earnings Call
Q2 2024
0:00 / 0:00
---
0IJW Stock 12 Months Forecast
Average Price Target
$14.58
▲(32.29% Upside)
Technical Analysis
Extreme Networks
―
Arista Networks
―
Hewlett Packard Enterprise
―
Juniper Networks
―
F5 Networks
―
Best Analysts Covering 0IJW
1 Year
1 Year Success Rate
12/20 ratings generated profit
1 Year Average Return
+22.38%
reiterated a buy rating 3 months ago
Copying Alex Henderson's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +22.38% per trade.
---