Extreme Networks Management
Management criteria checks 3/4
Extreme Networks' CEO is Ed Meyercord, appointed in Apr 2015, has a tenure of 11.33 years. total yearly compensation is $12.96M, comprised of 6.5% salary and 93.5% bonuses, including company stock and options. directly owns 1.24% of the company’s shares, worth $42.62M. The average tenure of the management team and the board of directors is 4.6 years and 13.5 years respectively.
Key information
Ed Meyercord
Chief executive officer
US$13.0m
Total compensation
| CEO salary percentage | 6.48% |
| CEO tenure | 11.3yrs |
| CEO ownership | 1.2% |
| Management average tenure | 4.6yrs |
| Board average tenure | 13.5yrs |
Recent management updates
Recent updates
Narrative Update • Jul 22
EXTR: AI Networking Execution And Data Center Demand Will Shape Measured Risk Reward
Analysts have nudged the fair value estimate for Extreme Networks higher, lifting the price target from $29.06 to $30.56. They cite Street research that points to stronger order momentum for the Extreme Platform ONE offering and expectations for continued market share gains versus larger networking peers.Seeking Alpha • Jul 09
Extreme Networks Has Moved Into Overbought Territory
Summary Extreme Networks has surged after solid Q3 results and guidance, with shares doubling since early April. EXTR posted its fifth consecutive quarter of double-digit sales growth, highlighted by 29% SaaS ARR growth and record large-customer wins. Despite positive analyst sentiment, EXTR now trades at ~30x forward earnings with a 2.7% free cash flow yield, below the risk-free rate. Notable insider selling and shares trading above some bullish analyst targets suggest near-term profit taking may be warranted. An updated analysis around Extreme Networks follows in the paragraphs below. Read the full article on Seeking Alpha
New Narrative • Jun 26
AI-Powered Networking Complexity Will Drive Stronger Long-Term Upside Potential
Catalysts About Extreme Networks Extreme Networks provides enterprise networking hardware, software and cloud-based management platforms for wired and wireless networks. What are the underlying business or industry changes driving this perspective?Narrative Update • Jun 17
EXTR: AI Networking Adoption And Execution Will Shape Measured Stock Risk Reward Profile
Analysts have raised their fair value estimate for Extreme Networks stock from $26.06 to $29.06, reflecting updated price targets tied to expectations for continued order momentum for the Extreme Platform ONE offering and projected market share gains compared with larger networking peers. Analyst Commentary Recent Street research on Extreme Networks highlights a cluster of higher price targets, with bullish analysts pointing to product traction for Extreme Platform ONE and potential market share shifts against larger networking competitors.
New Narrative • Jun 11
AI Networking Demand And Margin Assumptions Will Likely Pressure Future Earnings Potential
Catalysts About Extreme Networks Extreme Networks provides enterprise networking hardware and software, including cloud managed platforms and AI supported automation tools. What are the underlying business or industry changes driving this perspective?Narrative Update • Jun 01
EXTR: AI Platform Adoption And Execution Will Shape Balanced Risk Reward Profile
Narrative Update on Extreme Networks The updated analyst price target for Extreme Networks moves from $24.31 to $26.06, with analysts pointing to refreshed fair value estimates and revised assumptions for discount rate and future P/E as key drivers of the change. Analyst Commentary Recent Street research on Extreme Networks centers on revised price targets, with several firms adjusting their fair value views and underlying assumptions for discount rates and future P/E levels.Narrative Update • May 01
EXTR: Future Execution And Margin Delivery Will Shape Balanced Risk Reward Profile
Analysts have lifted the fair value estimate for Extreme Networks from $23.83 to $24.31, reflecting updated views on revenue growth, profit margins, discount rate, and a lower assumed future P/E that are consistent with recent price target increases from firms such as B. Riley, Lake Street, and Rosenblatt.
New Narrative • Apr 19
Extreme Networks Could Reach $52 Over the Next Five Years
Extreme Networks has a credible path to $52 over the next five years because it is shifting from a hardware‑centric model to a cloud‑driven, subscription‑based networking business with strong medium‑term growth forecasts. Analysts expect revenue to grow roughly 8–11% per year and earnings growth closer to 40% per year , with projected returns on equity rising into the mid‑to‑high 60% range as the company scales its software and SaaS platforms.Analysis Article • Feb 05
The Strong Earnings Posted By Extreme Networks (NASDAQ:EXTR) Are A Good Indication Of The Strength Of The Business
The subdued stock price reaction suggests that Extreme Networks, Inc.'s ( NASDAQ:EXTR ) strong earnings didn't offer...Analysis Article • Nov 06
Increases to CEO Compensation Might Be Put On Hold For Now at Extreme Networks, Inc. (NASDAQ:EXTR)
Key Insights Extreme Networks' Annual General Meeting to take place on 12th of November Salary of US$840.0k is part of...Analysis Article • Oct 08
An Intrinsic Calculation For Extreme Networks, Inc. (NASDAQ:EXTR) Suggests It's 24% Undervalued
Key Insights The projected fair value for Extreme Networks is US$26.25 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Sep 05
Revenues Not Telling The Story For Extreme Networks, Inc. (NASDAQ:EXTR) After Shares Rise 27%
Despite an already strong run, Extreme Networks, Inc. ( NASDAQ:EXTR ) shares have been powering on, with a gain of 27...Narrative Update • Aug 07
AI And Cloud Automation Will Unlock Future Markets
Despite a decline in consensus revenue growth forecasts, Extreme Networks’ higher future P/E multiple has driven a notable increase in the consensus analyst price target from $19.33 to $21.42. What's in the News Extreme Networks provided guidance for Q1 ending September 30, 2025, expecting revenue of $292.0-$300.0 million and EPS of ($0.03)-$0.02; FY2026 revenue outlook is $1,228.0-$1,238.0 million.New Narrative • Jul 20
Cloud-managed Networking And AI Automation Will Shape Digital Transformation
Strong shift toward cloud-managed, subscription-based solutions and advanced technology is driving sustained revenue growth, higher margins, and improved customer retention.Analysis Article • Jul 11
Is Extreme Networks (NASDAQ:EXTR) Using Debt Sensibly?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • May 28
Extreme Networks, Inc. (NASDAQ:EXTR) Looks Just Right With A 30% Price Jump
Extreme Networks, Inc. ( NASDAQ:EXTR ) shares have had a really impressive month, gaining 30% after a shaky period...Analysis Article • May 26
What Is Extreme Networks, Inc.'s (NASDAQ:EXTR) Share Price Doing?
Extreme Networks, Inc. ( NASDAQ:EXTR ), might not be a large cap stock, but it received a lot of attention from a...Analysis Article • May 04
Extreme Networks, Inc. (NASDAQ:EXTR) Shares Could Be 43% Below Their Intrinsic Value Estimate
Key Insights The projected fair value for Extreme Networks is US$24.62 based on 2 Stage Free Cash Flow to Equity...Seeking Alpha • Apr 17
Extreme Networks: Undervalued, Overlooked And Undercovered
Summary Extreme Networks is undervalued, overlooked and underfollowed but is making significant strides with AI and cloud-based innovations, driving strong financial improvements. The company's integrated platform and AI-driven products like Extreme AI Expert and Platform One offer advanced analytics and secure network management, boosting revenues by 14%. Future growth is expected from advanced AI capabilities and cloud AI integration, expanding the addressable market and attracting new subscribers. Strategic partnerships, like the one with Intel, and continuous AI integration in products are key drivers for long-term profitability and industry leadership. Read the full article on Seeking AlphaAnalysis Article • Apr 07
Investors Give Extreme Networks, Inc. (NASDAQ:EXTR) Shares A 26% Hiding
To the annoyance of some shareholders, Extreme Networks, Inc. ( NASDAQ:EXTR ) shares are down a considerable 26% in the...Analysis Article • Mar 25
Here's Why Extreme Networks (NASDAQ:EXTR) Can Afford Some Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | US$42m |
| Mar 31 2026 | n/a | n/a | US$16m |
| Dec 31 2025 | n/a | n/a | US$9m |
| Sep 30 2025 | n/a | n/a | US$9m |
| Jun 30 2025 | US$13m | US$840k | -US$7m |
| Mar 31 2025 | n/a | n/a | -US$54m |
| Dec 31 2024 | n/a | n/a | -US$122m |
| Sep 30 2024 | n/a | n/a | -US$125m |
| Jun 30 2024 | US$15m | US$840k | -US$86m |
| Mar 31 2024 | n/a | n/a | -US$6m |
| Dec 31 2023 | n/a | n/a | US$80m |
| Sep 30 2023 | n/a | n/a | US$94m |
| Jun 30 2023 | US$16m | US$800k | US$78m |
| Mar 31 2023 | n/a | n/a | US$58m |
| Dec 31 2022 | n/a | n/a | US$49m |
| Sep 30 2022 | n/a | n/a | US$44m |
| Jun 30 2022 | US$9m | US$760k | US$44m |
| Mar 31 2022 | n/a | n/a | US$49m |
| Dec 31 2021 | n/a | n/a | US$40m |
| Sep 30 2021 | n/a | n/a | US$23m |
| Jun 30 2021 | US$6m | US$725k | US$2m |
| Mar 31 2021 | n/a | n/a | -US$30m |
| Dec 31 2020 | n/a | n/a | -US$77m |
| Sep 30 2020 | n/a | n/a | -US$98m |
| Jun 30 2020 | US$5m | US$617k | -US$127m |
Compensation vs Market: Ed's total compensation ($USD12.96M) is above average for companies of similar size in the US market ($USD6.92M).
Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.
CEO
Ed Meyercord (61 yo)
11.3yrs
Tenure
US$12,958,781
Compensation
Mr. Edward B. Meyercord, III, also known as Ed, has been the President and Chief Executive Officer of Extreme Networks, Inc. since April 19, 2015. Mr. Meyercord has extensive executive experience in leader...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.3yrs | US$12.96m | 1.24% $ 42.6m | |
| Executive VP of Finance & CFO | 3.3yrs | US$4.67m | 0.12% $ 4.0m | |
| Chief Legal | 8.8yrs | US$2.96m | 0.092% $ 3.2m | |
| President of AI Platforms | 6.1yrs | no data | no data | |
| Chief Information & Customer Officer | 1.4yrs | no data | no data | |
| Senior Vice President of Finance & Corporate Development | no data | no data | no data | |
| Executive VP & Chief Marketing Officer | 2.7yrs | no data | no data | |
| Chief People Officer | 4.6yrs | no data | no data | |
| Chief Commercial Officer | 2.6yrs | US$886.60k | no data | |
| Deputy General Counsel | no data | no data | no data | |
| Senior Vice President of EMEA | no data | no data | no data | |
| Senior Vice President of Americas International | 5.3yrs | no data | no data |
4.6yrs
Average Tenure
54.5yo
Average Age
Experienced Management: EXTR's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 16.8yrs | US$12.96m | 1.24% $ 42.6m | |
| Independent Chairman | 18.8yrs | US$447.00k | 0.45% $ 15.3m | |
| Independent Director | 29.8yrs | US$350.00k | 0.29% $ 10.0m | |
| Independent Director | 15.3yrs | US$347.50k | 0.44% $ 15.1m | |
| Independent Director | 10.8yrs | US$352.50k | 0.17% $ 5.8m | |
| Director | less than a year | no data | no data | |
| Independent Director | 11.7yrs | US$355.00k | 0.16% $ 5.5m | |
| Independent Director | 7yrs | US$330.00k | 0.072% $ 2.5m |
13.5yrs
Average Tenure
70yo
Average Age
Experienced Board: EXTR's board of directors are seasoned and experienced ( 13.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/06 01:59 |
| End of Day Share Price | 2026/08/05 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Extreme Networks, Inc. is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tomer Zilberman | BofA Global Research |
| Ku Kang | B. Riley Securities, Inc. |
| Erik Suppiger | Citizens JMP Securities, LLC |