Extreme Networks (LSE:0IJW) - Stock Price, News & Analysis

0IJW Stock Overview

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

0IJW 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 68.6% 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 35.9%

Risk Analysis

No risks detected for 0IJW from our risk checks.

Extreme Networks, Inc. Competitors

Spirent Communications

LSE:SPT

UK£1.1b

Calnex Solutions

AIM:CLX

UK£49.0m

M.T.I Wireless Edge

AIM:MWE

UK£37.6m

Oxford Instruments

LSE:OXIG

UK£1.2b

Price History & Performance

Summary of all time highs, changes and price drops for Extreme Networks
Historical stock prices
Current Share Price	US$10.87
52 Week High	US$32.73
52 Week Low	US$10.61
Beta	1.9
1 Month Change	-6.62%
3 Month Change	-35.49%
1 Year Change	-31.31%
3 Year Change	6.76%
5 Year Change	38.47%
Change since IPO	-21.52%

Recent updates

Shareholder Returns

	0IJW	GB Communications	GB Market
7D	-1.8%	-1.4%	-0.9%
1Y	-31.3%	-2.4%	-1.8%

Return vs Industry: 0IJW underperformed the UK Communications industry which returned -2.4% over the past year.

Return vs Market: 0IJW underperformed the UK Market which returned -1.8% over the past year.

Price Volatility

Is 0IJW's price volatile compared to industry and market?
0IJW volatility
0IJW Average Weekly Movement	6.3%
Communications Industry Average Movement	5.9%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0IJW's share price has been volatile over the past 3 months.

Volatility Over Time: 0IJW'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?
0IJW fundamental statistics
Market cap	US$1.38b
Earnings (TTM)	US$80.22m
Revenue (TTM)	US$1.35b

17.2x

P/E Ratio

1.0x

P/S Ratio

Is 0IJW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0IJW 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 0IJW perform over the long term?

See historical performance and comparison

0IJW Stock Overview

Rewards

Risk Analysis

Extreme Networks, Inc. Competitors

LSE:SPT

UK£1.1b

AIM:CLX

UK£49.0m

AIM:MWE

UK£37.6m

LSE:OXIG

UK£1.2b

Price History & Performance

Recent News & Updates

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

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

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

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

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

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

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

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)

Investor sentiment deteriorates as stock falls 18%

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

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

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%

President recently sold US$2.1m worth of stock

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 17%

Now 21% undervalued after recent price drop

Now 21% 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 15% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 20%

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

Independent Director recently sold US$183k worth of stock

Now 21% undervalued

Independent Director recently bought US$100k 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

Investor sentiment improved over the past week

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

Insufficient new directors

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

Extreme Networks, Inc. Announces Management Appointments

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

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

Investor sentiment deteriorated over the past week