Extreme Networks Stock Today

EXTR Stock  USD 11.57  0.12  1.05%   

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Extreme Networks is selling at 11.57 as of the 28th of March 2024; that is 1.05 percent up since the beginning of the trading day. The stock's lowest day price was 11.44. Extreme Networks has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Extreme Networks are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of July 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
9th of April 1999
Category
Technology
Classification
Information Technology
Extreme Networks, Inc. provides software-driven networking solutions worldwide. Extreme Networks, Inc. was incorporated in 1996 and is headquartered in Morrisville, North Carolina. Extreme Networks operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. The company has 128.73 M outstanding shares of which 11.34 M shares are currently shorted by private and institutional investors with about 4.18 trading days to cover. More on Extreme Networks

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Extreme Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Extreme Networks' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Extreme Networks or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentEdward III
Thematic IdeaComputers (View all Themes)
Old Names[EXTRA PLASTIC, Extraction (Pakistan) Limited]
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, SP Small-Cap 600, ARCA Networking, NASDAQ Composite, NASDAQ Composite Total, Computers, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Extreme Networks report their recommendations after researching Extreme Networks' financial statements, talking to executives and customers, or listening in on Extreme Networks' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Extreme Networks. The Extreme consensus assessment is calculated by taking the average forecast from all of the analysts covering Extreme Networks.
Financial Strength
Based on the key indicators related to Extreme Networks' liquidity, profitability, solvency, and operating efficiency, Extreme Networks is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Extreme Networks is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.781.03
Way Down
Very volatile
Gross Profit Margin0.420.52
Significantly Down
Pretty Stable
Total Current Liabilities694.9 M661.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total542.7 M516.9 M
Sufficiently Up
Slightly volatile
Total Assets1.4 B1.3 B
Sufficiently Up
Slightly volatile
Total Current Assets334 M662.6 M
Way Down
Slightly volatile
Extreme Networks' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Extreme Networks' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Extreme Networks' financial leverage. It provides some insight into what part of Extreme Networks' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Extreme Networks' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Extreme Networks deploys its capital and how much of that capital is borrowed.
Liquidity
Extreme Networks cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 264.61 M in liabilities with Debt to Equity (D/E) ratio of 3.89, implying the company greatly relies on financing operations through barrowing. Extreme Networks has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Extreme Networks until it has trouble settling it off, either with new capital or with free cash flow. So, Extreme Networks' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Extreme Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Extreme to invest in growth at high rates of return. When we think about Extreme Networks' use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

4.96 Million
Extreme Networks (EXTR) is traded on NASDAQ Exchange in USA. It is located in 2121 RDU Center Drive, Morrisville, NC, United States, 27560 and employs 2,849 people. Extreme Networks is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Extreme Networks's market, we take the total number of its shares issued and multiply it by Extreme Networks's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Extreme Networks conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 128.73 M outstanding shares of which 11.34 M shares are currently shorted by private and institutional investors with about 4.18 trading days to cover. Extreme Networks currently holds about 194.52 M in cash with 249.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.48.
Check Extreme Networks Probability Of Bankruptcy
Ownership Allocation
Extreme Networks retains a total of 128.73 Million outstanding shares. The majority of Extreme Networks outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Extreme Networks to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Extreme Networks. Please pay attention to any change in the institutional holdings of Extreme Networks as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Extreme Ownership Details

Extreme Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Extreme Networks jumping above the current price in 90 days from now is about 84.04%. The Extreme Networks probability density function shows the probability of Extreme Networks stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.5767 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Extreme Networks will likely underperform. Additionally, extreme Networks has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 11.57HorizonTargetOdds Above 11.57
15.90%90 days
 11.57 
84.04%
Based on a normal probability distribution, the odds of Extreme Networks to move above the current price in 90 days from now is about 84.04 (This Extreme Networks probability density function shows the probability of Extreme Stock to fall within a particular range of prices over 90 days) .

Extreme Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Extreme Networks that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Extreme Networks' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Extreme Networks' value.
InstituionRecorded OnShares
Millennium Management Llc2023-12-31
2.3 M
Voss Capital Llc2023-12-31
2.2 M
Norges Bank2023-12-31
1.9 M
Boston Partners Global Investors, Inc2023-12-31
1.7 M
Nuveen Asset Management, Llc2023-12-31
1.7 M
Ameriprise Financial Inc2023-12-31
1.7 M
Jacobs Levy Equity Management, Inc.2023-09-30
1.7 M
Man Group Plc2023-12-31
1.6 M
Congress Asset Management Company, Llp2023-12-31
1.4 M
Blackrock Inc2023-12-31
18.3 M
Vanguard Group Inc2023-12-31
13 M
View Extreme Networks Diagnostics

Extreme Networks Historical Income Statement

Extreme Networks Income Statement is one of the three primary financial statements used for reporting Extreme's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Extreme Networks revenue and expense. Extreme Networks Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Extreme Networks' EBITDA is relatively stable compared to the past year. As of 03/28/2024, Cost Of Revenue is likely to grow to about 673.5 M, while Total Other Income Expense Net is likely to drop (3 M). View More Fundamentals

Extreme Stock Against Markets

Picking the right benchmark for Extreme Networks stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Extreme Networks stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Extreme Networks is critical whether you are bullish or bearish towards Extreme Networks at a given time. Please also check how Extreme Networks' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Extreme Networks without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Extreme Networks Corporate Directors

Extreme Networks corporate directors refer to members of an Extreme Networks board of directors. The board of directors generally takes responsibility for the Extreme Networks' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Extreme Networks' board members must vote for the resolution. The Extreme Networks board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Charles CarinalliIndependent DirectorProfile
Edward KennedyIndependent DirectorProfile
Maryam AlexandrianAdamsDirectorProfile
John ShoemakerIndependent DirectorProfile

How to buy Extreme Stock?

Before investing in Extreme Networks, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Extreme Networks. To buy Extreme Networks stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Extreme Networks. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Extreme Networks stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Extreme Networks stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Extreme Networks stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Extreme Networks, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Extreme Stock please use our How to Invest in Extreme Networks guide.

Already Invested in Extreme Networks?

The danger of trading Extreme Networks is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Extreme Networks is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Extreme Networks. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Extreme Networks is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Extreme Networks is a strong investment it is important to analyze Extreme Networks' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Extreme Networks' future performance. For an informed investment choice regarding Extreme Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running Extreme Networks' price analysis, check to measure Extreme Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.
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Is Extreme Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Extreme Networks. If investors know Extreme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Extreme Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
0.6
Revenue Per Share
10.456
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0723
The market value of Extreme Networks is measured differently than its book value, which is the value of Extreme that is recorded on the company's balance sheet. Investors also form their own opinion of Extreme Networks' value that differs from its market value or its book value, called intrinsic value, which is Extreme Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Extreme Networks' market value can be influenced by many factors that don't directly affect Extreme Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Extreme Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Extreme Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extreme Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.