Extreme Networks, Inc. (EXTR)

NASDAQ: EXTR · IEX Real-Time Price · USD
10.73
-0.24 (-2.19%)
At close: Apr 22, 2024, 4:00 PM
10.83
+0.10 (0.93%)
After-hours: Apr 22, 2024, 7:30 PM EDT
-2.19%
Market Cap 1.38B
Revenue (ttm) 1.35B
Net Income (ttm) 80.22M
Shares Out 128.73M
EPS (ttm) 0.60
PE Ratio 17.88
Forward PE 31.65
Dividend n/a
Ex-Dividend Date n/a
Volume 1,585,370
Open 11.05
Previous Close 10.97
Day's Range 10.70 - 11.05
52-Week Range 10.58 - 32.73
Beta 1.90
Analysts Buy
Price Target 17.70 (+64.96%)
Earnings Date May 1, 2024

About EXTR

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; ... [Read more]

Sector Technology
IPO Date Apr 9, 1999
Employees 2,849
Stock Exchange NASDAQ
Ticker Symbol EXTR
Full Company Profile

Financial Performance

In 2023, EXTR's revenue was $1.31 billion, an increase of 17.99% compared to the previous year's $1.11 billion. Earnings were $78.07 million, an increase of 76.35%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for EXTR stock is "Buy." The 12-month stock price forecast is $17.7, which is an increase of 64.96% from the latest price.

Price Target
$17.7
(64.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Experience the Intersection of AI, Networking and Security at Extreme Connect in Fort Worth, Texas, April 22-25, 2024

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks' popular annual user conference, Extreme Connect, will be held at the Omni Fort Worth from April 22-25, 2024.

7 days ago - Business Wire

Extreme Networks Schedules Third Quarter Fiscal 2024 Financial Results Conference Call

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced plans to release financial results for its third fiscal quarter, ended March 31...

14 days ago - Business Wire

Extreme Networks a Leader in 2024 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has been named as a Leader by Gartner, Inc. in the 2024 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure.

6 weeks ago - Business Wire

Extreme Networks Announces Investor Conference Schedule for February and March 2024

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced its investor conference schedule for February and March 2024: Susquehanna Finan...

2 months ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Extreme Networks, Inc. (EXTR) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Extreme Networks, Inc. (“Extreme Networks” or the “Company”) (NASDAQ: EXTR) on behalf of investors concerni...

2 months ago - Business Wire

Extreme Networks Stock Tumbles on Weak Guidance. Blame Supply-Chain Snags.

The cloud-networking company filed quarterly earnings and sales slightly above estimates.

2 months ago - Barrons

Extreme Networks Reports Second Quarter Fiscal Year 2024 Financial Results

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its second quarter ended December 31, 2023. "The integration of AI, security ...

2 months ago - Business Wire

Extreme Networks Introduces New Cloud-Managed Universal Wi-Fi 7 Access Point, Industry's Easiest to Deploy/Provision Switches

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today introduced two new solutions designed to help highly distributed enterprises improve network connectivity, security and performance.

2 months ago - Business Wire

Revolutionizing Connectivity: E-Rate Eligible Solutions from Extreme Networks Unleash the Power of Secure Networking and AI for K-12 Schools

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today announced an expanded list of E-Rate eligible solutions for K-12 schools and public libraries in the U.S.

3 months ago - Business Wire

Extreme Networks Stock Drops Over 7%—Here's Why

Extreme Networks (EXTR) shares tumbled over 7% Tuesday after the networking solutions firm slashed its current quarter guidance as customers held off making new purchases. The company also announced c...

3 months ago - Investopedia

Extreme Networks shares slide 6% following lowered outlook

Extreme Networks shares EXTR, +2.28% edged down 5.9%, to $16.47 in after-hours trading Monday after the company lowered its second-quarter revenue outlook.

3 months ago - Market Watch

Extreme Networks Strengthens Executive Leadership Team

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has elevated Norman Rice to the role of Chief Commercial Officer.

3 months ago - Business Wire

Extreme Networks Provides Update to Q2 Outlook

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced a business update on the financial results for its second quarter ended Decembe...

3 months ago - Business Wire

Extreme Networks Appoints Monica Kumar as Chief Marketing Officer

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today announced that Monica Kumar has been appointed as the company's new Executive Vice President and Chief Marketing Officer.

4 months ago - Business Wire

RSR and Extreme Networks Report: 63% of Financially Lucrative Retailers Say Wi-Fi Has Dramatically Improved Store Operations and Customer Experiences

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme and Retail Systems Research today released the results of a report that surveyed retailers on main technology challenges and opportunities.

4 months ago - Business Wire

Extreme Networks Announces Investor Conference Schedule for November and December 2023

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today announced its investor conference schedule for November and December 2023.

6 months ago - Business Wire

Extreme Networks Reports First Quarter Fiscal Year 2024 Financial Results

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. today released financial results for its first quarter ended September 30, 2023.

6 months ago - Business Wire

Extreme Networks 2023 Investor Day Returns to Major League Baseball Headquarters in New York City

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that it will host its second in-person Investor Day of 2023 on Tuesday, Nov. 7 ...

7 months ago - Business Wire

Extreme Networks Schedules First Quarter Fiscal 2024 Financial Results Conference Call

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced plans to release financial results for its first fiscal quarter, ended Septembe...

7 months ago - Business Wire

Manchester United Unleashes High-Speed Fan-Facing Extreme Networks Wi-Fi at Old Trafford

MORRISVILLE, N.C.--(BUSINESS WIRE)--Red Devils fans attending matches at Old Trafford this season will experience fast new Wi-Fi from Extreme Networks.

Other symbols: MANU
8 months ago - Business Wire

Extreme Networks Announces Investor Conference Schedule for August and September 2023

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today announced its investor conference schedule for August and September 2023.

9 months ago - Business Wire

Extreme Networks Reports Fourth Quarter and Fiscal Year 2023 Financial Results

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today released financial results for its fiscal year and fourth quarter ended June 30, 2023.

9 months ago - Business Wire

Extreme Networks Schedules Fourth Fiscal Quarter and Year End 2023 Financial Results Conference Call

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced plans to release financial results for its fourth fiscal quarter, ended June 30...

10 months ago - Business Wire

Extreme Networks Announces Investor Conference Schedule for May and June 2023

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced its investor conference schedule for May and June 2023: Extreme CONNECT 2023 Us...

1 year ago - Business Wire

Extreme Networks Reimagines the Retail Experience to Create Store of the Future

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today announced that it will help drive impactful, engaging in-store experiences and streamline store operations for Kroger.

1 year ago - Business Wire