EXTR logo

Extreme Networks, Inc. Stock Price

NasdaqGS:EXTR Community·US$2.9b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 34 Fair Values set on narratives written by author

EXTR Share Price Performance

US$22.63
1.46 (6.90%)
US$33.50
Fair Value
US$22.63
1.46 (6.90%)
32.4% undervalued intrinsic discount
US$33.50
Fair Value
Price US$22.63
AnalystConsensusTarget US$33.50
AnalystHighTarget US$39.00
AnalystLowTarget US$22.50

EXTR Community Narratives

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Fair Value US$33.5 32.4% undervalued intrinsic discount

AI And Cloud Automation Will Unlock Future Markets

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·
Fair Value US$39 42.0% undervalued intrinsic discount

AI-Powered Networking Complexity Will Drive Stronger Long-Term Upside Potential

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·
Fair Value US$22.5 0.6% overvalued intrinsic discount

AI Networking Demand And Margin Assumptions Will Likely Pressure Future Earnings Potential

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US$22.5
0.6% overvalued intrinsic discount
Revenue
8.01% p.a.
Profit Margin
2.84%
Future PE
81.78x
Price in 2029
US$28.93

Trending Discussion

No trending discussion available.

Updated Narratives

EXTR logo

EXTR: AI Networking Platform Adoption Will Drive Future Risk Reward Profile

Fair Value: US$33.5 32.4% undervalued intrinsic discount
12 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
EXTR logo

AI-Powered Networking Complexity Will Drive Stronger Long-Term Upside Potential

Fair Value: US$39 42.0% undervalued intrinsic discount
0 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
EXTR logo

AI Networking Demand And Margin Assumptions Will Likely Pressure Future Earnings Potential

Fair Value: US$22.5 0.6% overvalued intrinsic discount
0 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Excellent balance sheet and fair value.

1 Risk
4 Rewards

Extreme Networks, Inc. Key Details

US$1.3b

Revenue

US$494.5m

Cost of Revenue

US$789.1m

Gross Profit

US$747.0m

Other Expenses

US$42.1m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
0.32
61.48%
3.28%
184.8%
View Full Analysis

About EXTR

Founded
1996
Employees
2894
CEO
Edward Meyercord
WebsiteView website
www.extremenetworks.com

Extreme Networks, Inc., together with its subsidiaries, develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers ExtremeCloud IQ, a machine learning/AI powered, wired and wireless cloud network management solution that offers visibility and control over users, devices, and applications; ExtremeCloud IQ-Site Engine which extends cloud management to non-cloud native and multi-vendor devices; ExtremeCloud IQ Essentials provides wireless intrusion prevention system, location services, and guest management services; and ExtremeCloud SD-WAN, a software-defined wide area networks solution offered as an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, support and maintenance, and customer success support. The company also provides indoor and outdoor Wi-Fi 7 and prior generation Aps; WIPS solutions; switch products; Cloud Native Platforms and Applications for Service Providers; and ExtremeCloud Universal ZTNA. In addition, the company offers customer and support services, such as support services for end-users, resellers, and distributors; and premier, professional, and education services. It sells its products through original equipment manufacturers, strategic relationships, distributors, resellers, and field sales. The company serves mid-market and enterprise customers, and services providers. Extreme Networks, Inc., was incorporated in 1996 and is headquartered in Morrisville, North Carolina.

Recent EXTR News & Updates

Narrative Update Aug 20

EXTR: AI Networking Platform Adoption Will Drive Future Risk Reward Profile

Analysts lifted the fair value estimate for Extreme Networks to $33.50 from $32.19, reflecting higher Street price targets in the $31 to $39 range and research that points to steady demand for Platform ONE, recurring revenue growth, and resilient product fundamentals despite recent share price volatility. Analyst Commentary Recent Street research on Extreme Networks centers on how quickly the company can convert interest in Platform ONE into durable recurring revenue and how that trend supports the new fair value estimate.
Seeking Alpha Aug 07

Extreme Networks Q4: Fine Print But Still Overvalued After The Pullback

Summary Extreme Networks delivered solid FY26 results, with 12.6% revenue growth and strong product momentum, but shares fell over 25% post-earnings. Despite decelerating growth and investor disappointment, EXTR's guidance for next year was in line with or above consensus, suggesting the sell-off may be overdone. The transition to the Platform ONE subscription is ongoing, with SaaS ARR up 17.7%, and long-term margin expansion is expected as recurring revenues increase. I maintain a 'Hold' rating, targeting entry below $20, as the recent pullback brings EXTR closer to its intrinsic value based on conservative DCF assumptions. Read the full article on Seeking Alpha

Recent updates

No updates