Want to see EXTR full AI Analyst Report?
EXTR Stock Chart & Stats
$29.49
-$0.24(-0.81%)
At close: 4:00 PM EDT
$29.49
-$0.24(-0.81%)
Day’s Range― - ―
52-Week Range$13.48 - $33.73
Previous CloseN/A
Volume1.19M
Average Volume (3M)2.04M
Market Cap
$3.00B
Enterprise Value$4.31K
Total Cash (Recent Filing)$211.76M
Total Debt (Recent Filing)$194.57M
Price to Earnings (P/E)71.8
Beta1.60
Next Earnings
Nov 04, 2026EPS Estimate
0.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.32
Shares Outstanding130,490,650
10 Day Avg. Volume1,729,961
30 Day Avg. Volume2,037,725
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)47.09
Price to Sales (P/S)3.25
P/FCF Ratio43.80
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$32.81Price Target Upside11.27% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)1.31
Revenue Forecast (FY)$1.39B
Bulls Say, Bears Say
Bulls Say
Revenue And Enterprise ExpansionSustained revenue growth, larger enterprise deals, and increasing customer value indicate stronger upmarket execution. This can improve sales efficiency and deepen Extreme Networks’ position in enterprise and public-sector networking over the next several quarters.
Platform ONE Recurring RevenueMigration of the installed base toward Platform ONE can increase subscription penetration, customer retention, and recurring revenue quality. A larger software footprint may also improve lifetime customer economics and reduce reliance on hardware refresh cycles.
Margin And Cash GenerationImproving profitability alongside strong cash conversion suggests the recovery is supported by operating performance rather than accounting earnings alone. Continued margin discipline and cash generation could fund investment, debt reduction, and software transition initiatives.
Bears Say
Elevated LeverageHigh leverage reduces financial resilience and leaves less room for execution setbacks, weaker enterprise spending, or margin pressure. Secured borrowing provides liquidity, but covenants and interest obligations can constrain capital allocation if profitability deteriorates.
Thin Operating ProfitabilityThe wide gap between solid gross margin and thin bottom-line profitability indicates meaningful operating-cost sensitivity. Small changes in pricing, services mix, demand, or execution could materially affect earnings and the company’s capacity to service debt.
Recurring Growth TransitionThe shift from break-fix services to subscriptions is strategically attractive but creates execution risk while growth rates reset. Slower ARR expansion and temporary mix offsets could delay recurring-revenue benefits and make near-term results more variable.
EXTR FAQ
What was Extreme Networks’s price range in the past 12 months?
Extreme Networks lowest stock price was $13.47 and its highest was $33.73 in the past 12 months.
What is Extreme Networks’s market cap?
Extreme Networks’s market cap is $3.00B.
When is Extreme Networks’s upcoming earnings report date?
Extreme Networks’s upcoming earnings report date is Nov 04, 2026 which is in 73 days.
How were Extreme Networks’s earnings last quarter?
Extreme Networks released its earnings results on Aug 05, 2026. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.03.
Is Extreme Networks overvalued?
According to Wall Street analysts Extreme Networks’s price is currently Undervalued.
Does Extreme Networks pay dividends?
Extreme Networks does not currently pay dividends.
What is Extreme Networks’s EPS estimate?
Extreme Networks’s EPS estimate is 0.28.
How many shares outstanding does Extreme Networks have?
Extreme Networks has 130,490,650 shares outstanding.
What happened to Extreme Networks’s price movement after its last earnings report?
Extreme Networks reported an EPS of $0.32 in its last earnings report, beating expectations of $0.29. Following the earnings report the stock price went down -19.017%.
Which hedge fund is a major shareholder of Extreme Networks?
Currently, no hedge funds are holding shares in EXTR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Extreme Networks Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$32.81 (11.27% Upside)
$32.81 (11.27% Upside)
Blogger Sentiment
Bullish
EXTR Sentiment 63%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Decreased
By 340.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 3.2%
Last 30 Days ▲ 7.1%
Last 30 Days ▲ 7.1%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
66.51%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
2.13%
Trailing 12-Months
Company Description
Extreme Networks
Extreme Networks, Inc. is a global provider specializing in software-driven networking solutions. The company designs, develops, and manufactures both wired and wireless network infrastructure equipment, in addition to creating sophisticated software for network administration, policy enforcement, data analytics, cybersecurity, and access control. Central to its product line is ExtremeCloud IQ, an ML/AI-powered cloud network management solution that provides advanced visibility and control over users, devices, and applications across wired and wireless networks. Complementing this is ExtremeCloud IQ – Site Engine, which offers task automation, access control, granular real-time analytics, and multi-vendor device management. Furthermore, ExtremeCloud IQ Essentials extends features like Wireless Intrusion Prevention Systems (WIPS), location services, IoT capabilities, and guest management. Hardware offerings include wireless access point products and the comprehensive ExtremeSwitching portfolio. This portfolio features access edge devices with standard Ethernet and various Power-over-Ethernet (PoE) options, including high-power universal PoE; aggregation/core switches for network backbone requirements; and data center switches and routers. The company also develops cloud-native platforms and applications tailored for service providers, alongside offering robust customer support and professional services. Its products are marketed and sold globally through distributors, resellers, and field sales organizations, serving diverse markets such as healthcare, education, government, manufacturing, retail, and hospitality. Incorporated in 1996, Extreme Networks, Inc. maintains its headquarters in Morrisville, North Carolina.
EXTR Company Deck
EXTR Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum: solid quarter and full-year revenue beats, margin expansion, record EBITDA, secured supply chain into FY28, robust Platform ONE adoption, meaningful upmarket progress (average deal size +~33% and 187 $1M+ customers), and conservative but positive FY27 guidance including >20% EPS growth. Notable near-term headwinds include slower SaaS ARR growth versus an elevated prior‑year comparable, recurring revenue mix transition from services to subscriptions, potential professional services timing impacts on margins, and the need to capture price increases against competitive discounting. On balance, the positive beats, operational execution, supply advantages and clear go-to-market traction materially outweigh the manageable risks and transitional challenges.View all EXTR earnings summariesEXTR Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$32.81
▲(11.27% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
3.23% Insiders
27.21% Mutual Funds
17.56% Other Institutional Investors
24.28% Public Companies and
Individual Investors










