Extreme Networks, Inc. (EXTR)

NASDAQ: EXTR · IEX Real-Time Price · USD
20.00
-0.13 (-0.67%)
Dec 5, 2022 3:25 PM EST - Market open
-0.67%
Market Cap 2.64B
Revenue (ttm) 1.14B
Net Income (ttm) 44.16M
Shares Out 130.29M
EPS (ttm) 0.31
PE Ratio 64.50
Forward PE 19.34
Dividend n/a
Ex-Dividend Date n/a
Volume 701,237
Open 19.98
Previous Close 20.13
Day's Range 19.7 - 20.09
52-Week Range 8.49 - 21.03
Beta 2.09
Analysts Buy
Price Target 21.42 (+7.1%)
Earnings Date Oct 27, 2022

About EXTR

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 visib... [Read more]

Industry Communications Equipment
IPO Date Apr 9, 1999
CEO Edward Meyercord
Employees 2,643
Stock Exchange NASDAQ
Ticker Symbol EXTR
Full Company Profile

Financial Performance

In 2022, EXTR's revenue was $1.11 billion, an increase of 10.19% compared to the previous year's $1.01 billion. Earnings were $44.27 million, an increase of 2,186.73%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for EXTR stock is "Buy." The 12-month stock price forecast is 21.42, which is an increase of 7.13% from the latest price.

Price Target
$21.42
(7.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

READING, England--( BUSINESS WIRE )--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced the deployment of a new Wi-Fi 6 wireless network for UK-based City, University o...

2 weeks ago - Business Wire

Extreme Networks (EXTR) Q1 Earnings and Revenues Beat Estimates

Extreme Networks (EXTR) delivered earnings and revenue surprises of 11.11% and 4.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Extreme Networks Schedules First Quarter Fiscal 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 first fiscal quarter, ended September ...

1 month ago - Business Wire

Extreme to Modernize the In-Stadium Experience for Liverpool FC Fans, Deployment Led by Verizon Business

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has selected Verizon Business as its partner to deploy wireless connectivity solutions at Liverpool FC's Anfield Stadium.

Other symbols: VZ
1 month ago - Business Wire

Extreme Extends Americas Sales Leadership Team to Capitalize on Market Opportunity

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced Pete Brant, a proven leader with deep experience in networking and cybersecurity,...

2 months ago - Business Wire

Extreme Strengthens APAC Leadership Team

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced it has strengthened its leadership team in the Asia Pacific (APAC) region. Jeff H...

2 months ago - Business Wire

Extreme and Minor League Baseball to Push the Boundaries of In-Stadium Technology with New Partnership

MORRISVILLE, N.C.--(BUSINESS WIRE)--MiLB has selected Extreme Networks as an Official Technology Innovation Partner, supporting the testing of new stadium and in-game technologies.

2 months ago - Business Wire

3 Stocks to Watch for in a Prospering Networking Industry

The Zacks Computer - Networking industry players like CSCO, EXTR and DGII are poised to benefit from accelerated 5G deployment, robust demand for network security and growing prominence of smart network...

Other symbols: CSCODGII
3 months ago - Zacks Investment Research

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

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today introduced the Extreme AP5050: the industry's first outdoor Wi-Fi 6E Outdoor Access Point (...

3 months ago - Business Wire

Jenne, Inc. Honored as Americas Distributor of the Year at Extreme Networks Partner Conference

AVON, Ohio--(BUSINESS WIRE)-- #Winning--Jenne, Inc. recognized as Americas Distributor of the Year during Ignite, Extreme Networks' first combined global sales and partner conference.

3 months ago - Business Wire

Extreme Networks Announces Investor Conference Schedule for August and September 2022

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a cloud networking company, today announced its investor conference schedule for August and September 2022: KeyBanc 2022 Techno...

4 months ago - Business Wire

Extreme Networks Enriches Partner Program with New Perks and Benefits

BOSTON--(BUSINESS WIRE)--Extreme today introduced new programs that give partners a competitive advantage in selling and deploying Extreme solutions.

4 months ago - Business Wire

Extreme Strengthens Product Leadership Team with Promotion of Key Leaders

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today announced it has promoted three product leaders into new executive positions.

4 months ago - Business Wire

Extreme Networks (EXTR) Matches Q4 Earnings Estimates

Extreme Networks (EXTR) delivered earnings and revenue surprises of 0% and 2.85%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Extreme Networks Reports Fiscal Year and Fourth Quarter 2022 Financial Results

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its fiscal year and fourth fiscal quarter ended June 30, 2022. Fiscal Year 2022...

4 months ago - Business Wire

Extreme Networks Schedules Fourth Fiscal Quarter and Year End 2022 Financial Results Conference Call

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a cloud networking company, today announced plans to release financial results for its fourth fiscal quarter, ended June 30, 20...

4 months ago - Business Wire

Extreme Networks (EXTR) Stock Jumps 12.8%: Will It Continue to Soar?

Extreme Networks (EXTR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price incre...

4 months ago - Zacks Investment Research

Extreme Headlines Connectivity at World's Largest Music and Motocross Event

LICHTENVOORDE, Netherlands--(BUSINESS WIRE)--Extreme will play a significant role in powering wired and wireless connectivity for Zwarte Cross, the world's largest motocross event.

4 months ago - Business Wire

Extreme Named a 2022 Gartner Peer Insights Customers' Choice for Wired and Wireless LAN Access Infrastructure for Fif...

SAN JOSE, Calif.--(BUSINESS WIRE)--Extreme Networks has been named as a five-time consecutive Gartner Peer Insights Customers' Choice for Wired and Wireless LAN Access Infrastructure.

4 months ago - Business Wire

Extreme Networks (EXTR) Moves 6.1% Higher: Will This Strength Last?

Extreme Networks (EXTR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

5 months ago - Zacks Investment Research

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

NASHVILLE, Tenn.--(BUSINESS WIRE)--Extreme Networks today introduced a suite of new solutions, creating new ways for customers to drive better outcomes from their networks.

5 months ago - Business Wire

Is the Options Market Predicting a Spike in Extreme Networks (EXTR) Stock?

Investors need to pay close attention to Extreme Networks (EXTR) stock based on the movements in the options market lately.

6 months ago - Zacks Investment Research