Extreme Networks (DB:EXM) - Stock Price, News & Analysis

EXM Stock Overview

Extreme Networks, Inc. provides software-driven networking solutions worldwide.

EXM fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 68.7% below our estimate of its fair value

Earnings grew by 64.6% over the past year

Analysts in good agreement that stock price will rise by 31%

Risk Analysis

No risks detected for EXM from our risk checks.

Extreme Networks, Inc. Competitors

Adtran Networks

XTRA:ADV

€1.0b

Funkwerk

DB:FEW

€177.3m

UET United Electronic Technology

XTRA:CFC

€15.5m

Jenoptik

XTRA:JEN

€1.4b

Price History & Performance

Summary of all time highs, changes and price drops for Extreme Networks
Historical stock prices
Current Share Price	US$10.32
52 Week High	US$30.42
52 Week Low	US$9.85
Beta	1.9
1 Month Change	0.63%
3 Month Change	-29.71%
1 Year Change	-37.37%
3 Year Change	37.17%
5 Year Change	47.67%
Change since IPO	283.46%

Recent updates

Shareholder Returns

	EXM	DE Communications	DE Market
7D	-0.4%	-0.1%	-2.5%
1Y	-37.4%	-3.7%	-0.4%

Return vs Industry: EXM underperformed the German Communications industry which returned -4.1% over the past year.

Return vs Market: EXM underperformed the German Market which returned 1% over the past year.

Price Volatility

Is EXM's price volatile compared to industry and market?
EXM volatility
EXM Average Weekly Movement	6.1%
Communications Industry Average Movement	6.2%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	9.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: EXM's share price has been volatile over the past 3 months.

Volatility Over Time: EXM's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	2,849	Ed Meyercord	www.extremenetworks.com

Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired, wireless, and software-defined wide area-network infrastructure equipment. The company offers ExtremeCloud IQ, an ML/AI powered, wired, and wireless cloud network management solution that offers advanced visibility and control over users, devices, and applications; ExtremeCloud IQ – Site Engine that provides task automation, access control, granular visibility with real-time analytics and multi-vendor device management; and ExtremeCloud IQ Essentials offers WIPS, location services, IoT, and guest management services.

Extreme Networks, Inc. Fundamentals Summary

How do Extreme Networks's earnings and revenue compare to its market cap?
EXM fundamental statistics
Market cap	€1.34b
Earnings (TTM)	€75.18m
Revenue (TTM)	€1.26b

17.9x

P/E Ratio

1.1x

P/S Ratio

Is EXM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EXM income statement (TTM)
Revenue	US$1.35b
Cost of Revenue	US$543.27m
Gross Profit	US$802.66m
Other Expenses	US$722.44m
Earnings	US$80.22m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)	0.62
Gross Margin	59.64%
Net Profit Margin	5.96%
Debt/Equity Ratio	177.7%

How did EXM perform over the long term?

See historical performance and comparison

EXM Stock Overview

Rewards

Risk Analysis

Extreme Networks, Inc. Competitors

XTRA:ADV

€1.0b

DB:FEW

€177.3m

XTRA:CFC

€15.5m

XTRA:JEN

€1.4b

Price History & Performance

Recent News & Updates

Extreme Networks, Inc. to Report Q3, 2024 Results on May 01, 2024

Second quarter 2024 earnings released: EPS: US$0.031 (vs US$0.14 in 2Q 2023)

Extreme Networks, Inc. Provides Earnings Guidance for the Third Quarter and Fourth Quarter of Fiscal Year Ending June 30, 2024

Extreme Networks, Inc. Introduces New Cloud-Managed Universal Wi-Fi 7 Access Point

Extreme Networks, Inc. Announces an Expanded List of E-Rate Eligible Solutions for K-12 Schools and Public Library in the U.S

Extreme Networks, Inc. to Report Q2, 2024 Results on Jan 31, 2024

Recent updates

Extreme Networks, Inc. to Report Q3, 2024 Results on May 01, 2024

Second quarter 2024 earnings released: EPS: US$0.031 (vs US$0.14 in 2Q 2023)

Extreme Networks, Inc. Provides Earnings Guidance for the Third Quarter and Fourth Quarter of Fiscal Year Ending June 30, 2024

Extreme Networks, Inc. Introduces New Cloud-Managed Universal Wi-Fi 7 Access Point

Extreme Networks, Inc. Announces an Expanded List of E-Rate Eligible Solutions for K-12 Schools and Public Library in the U.S

Extreme Networks, Inc. to Report Q2, 2024 Results on Jan 31, 2024

Extreme Networks Appoints Monica Kumar as Chief Marketing Officer

Investor sentiment deteriorates as stock falls 19%

Extremecloud Universal Ztna Sets New Industry Standard for Simple, Secure Network Access

Extreme Networks, Inc. Provides Earning Guidance for the Second Quarter of Fiscal Year 2024 Ending December 31, 2023

First quarter 2024 earnings released: EPS: US$0.22 (vs US$0.097 in 1Q 2023)

Extreme Networks, Inc. to Report Q1, 2024 Results on Nov 01, 2023

Extreme Networks, Inc., Annual General Meeting, Nov 08, 2023

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: US$0.60 (vs US$0.34 in FY 2022)

Extreme Networks, Inc. to Report Q4, 2023 Results on Aug 02, 2023

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 17%

President recently sold €2.0m worth of stock

Investor sentiment improves as stock rises 18%

Extreme Networks, Inc. Introduces Number of New Solutions Designed to Challenge the Status Quo of Networking

Third quarter 2023 earnings released: EPS: US$0.17 (vs US$0.099 in 3Q 2022)

Investor sentiment deteriorates as stock falls 15%

Now 23% undervalued after recent price drop

Extreme Completes Outdoor Wi-Fi 6 Deployment in U.S. At Daytona International Speedway

Extreme Networks, Inc. Extends Fabric to the Edge, Simplifies Operations and Improves Security with Enhanced SD-WAN Solution

Extreme Networks Appoints Justin Hurst to Head of Office of the CTO, APAC

Second quarter 2023 earnings released: EPS: US$0.14 (vs US$0.10 in 2Q 2022)

Extreme Networks, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal 2023 Ending March 31, 2023

Now 20% undervalued

Extreme Networks, Inc. to Report Q2, 2023 Results on Jan 25, 2023

Independent Director recently sold €172k worth of stock

Now 20% undervalued

Independent Director recently bought €97k worth of stock

City, University of London Modernizes Wireless Campus Infrastructure with Extreme Networks

Insufficient new directors

First quarter 2023 earnings released: EPS: US$0.097 (vs US$0.099 in 1Q 2022)

Extreme Networks, Inc. Provides Earnings Guidance for the Second Quarter Ending December 31, 2022 and Reiterates Revenue Guidance for the Fiscal Year 2023

Extreme Networks, Inc. to Report Q1, 2023 Results on Oct 27, 2022

Extreme Networks, Inc. Appoints Pete Brant as Senior Vice President of U.S. Sales and Paul Semak Has Been Named Senior Vice President of Americas International

Extreme Networks, Inc., Annual General Meeting, Nov 17, 2022

Extreme Networks, Inc. Announces Executive Changes

Full year 2022 earnings released: EPS: US$0.34 (vs US$0.016 in FY 2021)

Extreme Networks Introduces Industry’s First Outdoor Wi-Fi 6E Access Point

Investor sentiment improved over the past week

Extreme Networks, Inc. Announces Management Appointments

Full year 2022 earnings released: EPS: US$0.34 (vs US$0.016 in FY 2021)

Extreme Networks, Inc. Announces Earnings Guidance for the First Quarter Ending September 30, 2022

Extreme Networks, Inc. to Report Q4, 2022 Results on Jul 27, 2022

Extreme Networks, Inc. Makes Networking More Flexible, Intelligent and Secure with Suite of New Solutions

Third quarter 2022 earnings released: EPS: US$0.099 (vs US$0.028 in 3Q 2021)

Insufficient new directors

Extreme Networks, Inc. to Report Q3, 2022 Results on Apr 27, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Extreme Networks, Inc. Announces Management Appointments

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Extreme Networks, Inc. Provides Earnings Guidance for the Third Quarter Ending March 31, 2022

Extreme Networks, Inc. Ensures Security, Availability Across Service Provider Data Center and Mobile Edge Network Infrastructure with Trusted Delivery