Extreme Networks, Inc. (NasdaqGS:EXTR) Stock Price & Quote Analysis

EXTR Stock Overview

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

EXTR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	4/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 25.2% below our estimate of its fair value

Revenue is forecast to grow 11.44% per year

Earnings grew by 22.4% over the past year

Risk Analysis

Has a high level of debt

Significant insider selling over the past 3 months

My Notes

New

Notes are coming soon

Extreme Networks, Inc. Competitors

Viavi Solutions

NasdaqGS:VIAV

US$2.5b

NetScout Systems

NasdaqGS:NTCT

US$2.3b

Harmonic

NasdaqGS:HLIT

US$1.5b

Lumentum Holdings

NasdaqGS:LITE

US$4.0b

Price History & Performance

Summary of all time highs, changes and price drops for Extreme Networks
Historical stock prices
Current Share Price	US$17.49
52 Week High	US$21.03
52 Week Low	US$8.49
Beta	2.08
1 Month Change	-4.48%
3 Month Change	1.86%
1 Year Change	40.03%
3 Year Change	202.07%
5 Year Change	27.02%
Change since IPO	-36.83%

With EPS Growth And More, Extreme Networks (NASDAQ:EXTR) Makes An Interesting Case

Jan 26

Recent updates

With EPS Growth And More, Extreme Networks (NASDAQ:EXTR) Makes An Interesting Case

Jan 26

These 4 Measures Indicate That Extreme Networks (NASDAQ:EXTR) Is Using Debt Reasonably Well

Dec 08

Extreme Networks, Inc.'s (NASDAQ:EXTR) 32% Jump Shows Its Popularity With Investors

Nov 17

We Think Extreme Networks, Inc.'s (NASDAQ:EXTR) CEO Compensation Looks Fair

Nov 11

Here's Why We Think Extreme Networks (NASDAQ:EXTR) Might Deserve Your Attention Today

Oct 19

An Intrinsic Calculation For Extreme Networks, Inc. (NASDAQ:EXTR) Suggests It's 50% Undervalued

Oct 05

Extreme Networks, Inc. (NASDAQ:EXTR) Shares Could Be 43% Below Their Intrinsic Value Estimate

Apr 29

Is Now The Time To Look At Buying Extreme Networks, Inc. (NASDAQ:EXTR)?

Apr 11

Is Extreme Networks (NASDAQ:EXTR) A Risky Investment?

Jan 13

Are Investors Undervaluing Extreme Networks, Inc. (NASDAQ:EXTR) By 34%?

Dec 26

Increases to CEO Compensation Might Be Put On Hold For Now at Extreme Networks, Inc. (NASDAQ:EXTR)

Oct 29

Here's Why Extreme Networks (NASDAQ:EXTR) Can Manage Its Debt Responsibly

Sep 28

Extreme Networks' (NASDAQ:EXTR) Strong Earnings Are Of Good Quality

Aug 04

Shareholder Returns

	EXTR	US Communications	US Market
7D	-9.4%	0.4%	0.2%
1Y	40.0%	-12.6%	-13.6%

Return vs Industry: EXTR exceeded the US Communications industry which returned -11.2% over the past year.

Return vs Market: EXTR exceeded the US Market which returned -9.2% over the past year.

Price Volatility

Is EXTR's price volatile compared to industry and market?
EXTR volatility
EXTR Average Weekly Movement	7.0%
Communications Industry Average Movement	7.5%
Market Average Movement	6.9%
10% most volatile stocks in US Market	17.3%
10% least volatile stocks in US Market	2.8%

Stable Share Price: EXTR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: EXTR's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	2,643	Ed Meyercord	https://www.extremenetworks.com

Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops software for network management, policy, analytics, security, and access controls. 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?
EXTR fundamental statistics
Market Cap	US$2.26b
Earnings (TTM)	US$48.75m
Revenue (TTM)	US$1.18b

46.3x

P/E Ratio

1.9x

P/S Ratio

Is EXTR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
EXTR income statement (TTM)
Revenue	US$1.18b
Cost of Revenue	US$515.83m
Gross Profit	US$663.91m
Other Expenses	US$615.16m
Earnings	US$48.75m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.38
Gross Margin	56.28%
Net Profit Margin	4.13%
Debt/Equity Ratio	305.7%

How did EXTR perform over the long term?

See historical performance and comparison

EXTR Stock Overview

Rewards

Risk Analysis

Extreme Networks, Inc. Competitors

NasdaqGS:VIAV

US$2.5b

NasdaqGS:NTCT

US$2.3b

NasdaqGS:HLIT

US$1.5b

NasdaqGS:LITE

US$4.0b

Price History & Performance

Recent News & Updates

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

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

With EPS Growth And More, Extreme Networks (NASDAQ:EXTR) Makes An Interesting Case

Now 31% undervalued

Chief Revenue Officer exercised options and sold US$259k worth of stock

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

Recent updates

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

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

With EPS Growth And More, Extreme Networks (NASDAQ:EXTR) Makes An Interesting Case

Now 31% undervalued

Chief Revenue Officer exercised options and sold US$259k worth of stock

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

Independent Director notifies of intention to sell stock

Now 21% undervalued

Executive VP & CFO notifies of intention to sell stock

These 4 Measures Indicate That Extreme Networks (NASDAQ:EXTR) Is Using Debt Reasonably Well

Now 22% undervalued

Independent Director recently bought US$100k worth of stock

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

Extreme Networks, Inc.'s (NASDAQ:EXTR) 32% Jump Shows Its Popularity With Investors

President exercised options and sold US$516k worth of stock

Insufficient new directors

We Think Extreme Networks, Inc.'s (NASDAQ:EXTR) CEO Compensation Looks Fair

President notifies of intention to sell stock

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Investor sentiment improved over the past week

Here's Why We Think Extreme Networks (NASDAQ:EXTR) Might Deserve Your Attention Today

Chief Revenue Officer exercised options and sold US$174k worth of stock

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

An Intrinsic Calculation For Extreme Networks, Inc. (NASDAQ:EXTR) Suggests It's 50% Undervalued

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

Extreme Networks, Inc. Announces Executive Changes

Price target increased to US$17.07

Chief Revenue Officer notifies of intention to sell stock

Is Extreme Networks (NASDAQ:EXTR) A Risky Investment?

President exercised options and sold US$2.4m worth of stock

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

Chief Revenue Officer notifies of intention to sell stock

Investor sentiment improved over the past week

Extreme Networks, Inc. Announces Management Appointments

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

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

Why Extreme Networks, Inc. (NASDAQ:EXTR) Could Be Worth Watching

Chief Revenue Officer exercised options and sold US$139k worth of stock

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

Investor sentiment improved over the past week

Executive VP & CFO notifies of intention to sell stock

Executive VP & CFO notifies of intention to sell stock

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

President exercised options and sold US$107k worth of stock

Extreme Networks (NASDAQ:EXTR) Seems To Use Debt Quite Sensibly

President exercised options and sold US$153k worth of stock

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Extreme Networks, Inc. (NASDAQ:EXTR) Shares Could Be 43% Below Their Intrinsic Value Estimate

Insufficient new directors

Chief Revenue Officer exercised options and sold US$119k worth of stock

Is Now The Time To Look At Buying Extreme Networks, Inc. (NASDAQ:EXTR)?

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

President exercised options and sold US$242k worth of stock

Investor sentiment improved over the past week

President exercised options and sold US$215k worth of stock

President exercised options and sold US$187k worth of stock

Extreme Networks, Inc. Announces Management Appointments