Extreme Networks (EXTR) Stock Price, News & Analysis

Company Overview

Extreme Networks, Inc. (NASDAQ: EXTR) is a global provider of end-to-end networking solutions designed to support enterprise, data center, and service provider environments. The company’s product portfolio encompasses high-performance wired and wireless access switches, routers, network security appliances, and software-defined networking (SDN) tools. Driven by a cloud-native management architecture, Extreme’s Intelligent Edge Platform integrates network analytics, automation and orchestration capabilities to help organizations optimize performance, reduce operational complexity and strengthen security.

Since its founding in the mid-1990s and subsequent public listing in 1999, Extreme Networks has expanded its technology footprint through targeted acquisitions. Notably, the company integrated Avaya’s networking business unit in 2016 and bolstered its data center switching offerings with the acquisition of Brocade’s data center switching assets in 2017. These strategic moves broadened Extreme’s reach into campus, branch and data center networks, reinforcing its position in key market segments.

Headquartered in San Jose, California, Extreme Networks serves customers in North America, Europe, Asia-Pacific, Latin America and the Middle East. Its solutions support a wide range of industries, including education, healthcare, hospitality, manufacturing and telecommunications. Through a network of channel partners and a growing direct sales force, the company delivers integrated hardware, software and managed services tailored to regional requirements and compliance standards.

Leadership at Extreme Networks is overseen by CEO Ed Meyercord, who brought extensive experience in networking and cloud services when he joined the company in 2017. Under his guidance, Extreme has emphasized innovation in automation, AI-driven analytics and cloud management to respond to evolving customer demands. Supported by a seasoned executive team, the company continues to invest in research and development aimed at simplifying network operations and enhancing user experiences.

Key Stats

• Today's Range: $21.25 to $22.10
• 50-Day Range: $16.78 to $22.08
• 52-Week Range: $10.10 to $22.10
• Volume: 2.29 million shs
• Average Volume: 1.56 million shs
• Market Capitalization: $2.85 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $22.92
• Consensus Rating: Moderate Buy

Extreme Networks Stock Analysis - MarketRank™

Extreme Networks scored higher than 60% of companies evaluated by MarketBeat, and ranked 329th out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Extreme Networks has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Extreme Networks has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 87.10%

Earnings Growth

Earnings for Extreme Networks are expected to grow by 87.10% in the coming year, from $0.31 to $0.58 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Extreme Networks is -427.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Extreme Networks is -427.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Extreme Networks has a PEG Ratio of 2.24. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Extreme Networks has a P/B Ratio of 43.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.90% of the float of Extreme Networks has been sold short.

Short Interest Ratio / Days to Cover

Extreme Networks has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Extreme Networks has recently increased by 1.75%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Extreme Networks does not currently pay a dividend.

Dividend Growth

Extreme Networks does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -1.31

Percentage of Shares Shorted

5.90% of the float of Extreme Networks has been sold short.

Short Interest Ratio / Days to Cover

Extreme Networks has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Extreme Networks has recently increased by 1.75%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.12

News Sentiment

Extreme Networks has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.01 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Extreme Networks this week, compared to 6 articles on an average week.

Search Interest

Only 9 people have searched for EXTR on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

MarketBeat Follows

4 people have added Extreme Networks to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Extreme Networks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,235,674.00 in company stock.

Percentage Held by Insiders

Only 3.70% of the stock of Extreme Networks is held by insiders.

Percentage Held by Institutions

91.05% of the stock of Extreme Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EXTR Stock Analysis - Frequently Asked Questions

How have EXTR shares performed this year?

Extreme Networks' stock was trading at $16.74 on January 1st, 2025. Since then, EXTR stock has increased by 27.7% and is now trading at $21.38.

How were Extreme Networks' earnings last quarter?

Extreme Networks, Inc. (NASDAQ:EXTR) released its quarterly earnings data on Wednesday, August, 6th. The technology company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $0.03. The firm's revenue was up 19.6% on a year-over-year basis.
Read the conference call transcript.

How will Extreme Networks' stock buyback program work?

Extreme Networks' board initiated a stock buyback plan on Tuesday, February 18th 2025, which allows the company to repurchase $200,000,000 in shares, according to EventVestor. This means that the company could buy up to 9.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

Does Extreme Networks have any subsidiaries?

The following companies are subsidiaries of Extreme Networks: Ipanematech SAS, Aerohive Networks, Brocade Communications Systems, Avaya - Networking business, Enterasys Networks, Zebra Technologies - Wireless LAN Business, Soapstone Networks, and more.

Who are Extreme Networks' major shareholders?

Extreme Networks' top institutional shareholders include State Street Corp (4.05%), Paradigm Capital Management Inc. NY (3.74%), American Century Companies Inc. (2.62%) and Geode Capital Management LLC (2.40%). Insiders that own company stock include Edward Meyercord, Edward H Kennedy, Charles Carinalli, Raj Khanna, Kathleen M Holmgren, Remi Thomas, Joseph A Vitalone, Ingrid Burton and Cristina Tate.
View institutional ownership trends.

How do I buy shares of Extreme Networks?

Shares of EXTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Extreme Networks own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Extreme Networks investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 8/06/2025
• Today: 9/01/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: COMP - NETWORKS
• Sub-Industry: Communications Equipment
• Current Symbol: NASDAQ:EXTR
• CIK: 1078271
• Web: www.extremenetworks.com
• Phone: 408-579-2800
• Fax: 408-904-7002
• Employees: 2,640
• Year Founded: 1996

Price Target and Rating

• Average Price Target for Extreme Networks: $22.92
• High Price Target: $25.00
• Low Price Target: $21.00
• Potential Upside/Downside: +7.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 68.97
• P/E Growth: 2.24
• Net Income: -$7.47 million
• Net Margins: -0.65%
• Pretax Margin: 0.37%
• Return on Equity: 82.47%
• Return on Assets: 4.18%

Debt

• Debt-to-Equity Ratio: 2.50
• Current Ratio: 0.91
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: $1.14 billion
• Price / Sales: 2.50
• Cash Flow: $0.55 per share
• Price / Cash Flow: 38.85
• Book Value: $0.49 per share
• Price / Book: 43.63

Miscellaneous

• Outstanding Shares: 133,170,000
• Free Float: 128,241,000
• Market Cap: $2.85 billion
• Optionable: Optionable
• Beta: 1.84