(EXTR) Extreme Networks - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US30226D1063

Stock: Cloud Management, Wireless Access, Wired Solutions, Network Security

Total Rating 21
Risk 32
Buy Signal -1.06
Risk 5d forecast
Volatility 42.8%
Relative Tail Risk -10.2%
Reward TTM
Sharpe Ratio 0.03
Alpha -30.95
Character TTM
Beta 1.516
Beta Downside 1.839
Drawdowns 3y
Max DD 67.21%
CAGR/Max DD -0.11

EPS (Earnings per Share)

EPS (Earnings per Share) of EXTR over the last years for every Quarter: "2021-03": 0.16, "2021-06": 0.19, "2021-09": 0.21, "2021-12": 0.21, "2022-03": 0.21, "2022-06": 0.15, "2022-09": 0.2, "2022-12": 0.27, "2023-03": 0.29, "2023-06": 0.33, "2023-09": 0.35, "2023-12": 0.24, "2024-03": -0.19, "2024-06": -0.08, "2024-09": -0.08, "2024-12": 0.21, "2025-03": 0.03, "2025-06": -0.06, "2025-09": 0.22, "2025-12": 0.26,

Revenue

Revenue of EXTR over the last years for every Quarter: 2021-03: 253.4, 2021-06: 278.088, 2021-09: 267.684, 2021-12: 280.933, 2022-03: 285.508, 2022-06: 278.196, 2022-09: 297.689, 2022-12: 318.348, 2023-03: 332.507, 2023-06: 363.91, 2023-09: 353.137, 2023-12: 296.377, 2024-03: 211.036, 2024-06: 256.653, 2024-09: 269.204, 2024-12: 279.355, 2025-03: 284.505, 2025-06: 307.003, 2025-09: 310.245, 2025-12: 317.925,

Risks

Fundamental:

P/E ratio: 240.6667

Description: EXTR Extreme Networks March 05, 2026

Extreme Networks Inc. develops and sells network infrastructure equipment and software. This sector is characterized by intense competition and rapid technological advancements.

Their product portfolio includes ExtremeCloud IQ, a cloud-based network management solution leveraging machine learning and artificial intelligence. They also offer wireless access points and wired solutions for edge, campus, and data centers. Additionally, Extreme Networks provides software-defined wide area networks (SD-WAN) and Zero Trust Network Access (ZTNA) security solutions. The companys business model includes recurring revenue streams from subscriptions for cloud-based services.

Extreme Networks serves diverse industries, including sports, hospitality, retail, education, and healthcare. They distribute products through OEMs, strategic partners, distributors, resellers, and direct sales.

To deepen your understanding of EXTRs market position, consider exploring ValueRays detailed competitive analysis.

Headlines to watch out for

  • Cloud networking solutions drive recurring revenue growth
  • Enterprise IT spending impacts hardware sales
  • Supply chain disruptions increase component costs
  • Competition from larger networking vendors limits market share

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 9.14m TTM > 0 and > 6% of Revenue
FCF/TA: 0.12 > 0.02 and ΔFCF/TA 14.82 > 1.0
NWC/Revenue: -2.41% < 20% (prev -3.83%; Δ 1.42% < -1%)
CFO/TA 0.13 > 3% & CFO 148.1m > Net Income 9.14m
Net Debt (-7.67m) to EBITDA (55.2m): -0.14 < 3
Current Ratio: 0.95 > 1.5 & < 3
Outstanding Shares: last quarter (135.4m) vs 12m ago 0.95% < -2%
Gross Margin: 61.30% > 18% (prev 0.57%; Δ 6073 % > 0.5%)
Asset Turnover: 108.4% > 50% (prev 94.01%; Δ 14.42% > 0%)
Interest Coverage Ratio: 2.54 > 6 (EBITDA TTM 55.2m / Interest Expense TTM 14.3m)

Altman Z'' -3.48

A: -0.03 (Total Current Assets 535.7m - Total Current Liabilities 565.1m) / Total Assets 1.17b
B: -0.80 (Retained Earnings -935.9m / Total Assets 1.17b)
C: 0.03 (EBIT TTM 36.4m / Avg Total Assets 1.12b)
D: -0.88 (Book Value of Equity -945.3m / Total Liabilities 1.07b)
Altman-Z'' Score: -3.48 = D

Beneish M -3.00

DSRI: 1.08 (Receivables 152.4m/117.6m, Revenue 1.22b/1.02b)
GMI: 0.93 (GM 61.30% / 56.89%)
AQI: 1.00 (AQ_t 0.47 / AQ_t-1 0.47)
SGI: 1.20 (Revenue 1.22b / 1.02b)
TATA: -0.12 (NI 9.14m - CFO 148.1m) / TA 1.17b)
Beneish M-Score: -3.00 (Cap -4..+1) = AA

What is the price of EXTR shares?

As of March 09, 2026, the stock is trading at USD 13.98 with a total of 1,546,404 shares traded.
Over the past week, the price has changed by -1.89%, over one month by -9.46%, over three months by -22.98% and over the past year by +0.00%.

Is EXTR a buy, sell or hold?

Extreme Networks has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy EXTR.
  • StrongBuy: 3
  • Buy: 1
  • Hold: 3
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the EXTR price?

Issuer Target Up/Down from current
Wallstreet Target Price 23.4 67.2%
Analysts Target Price 23.4 67.2%

EXTR Fundamental Data Overview March 07, 2026

P/E Trailing = 240.6667
P/E Forward = 11.8064
P/S = 1.5896
P/B = 20.1869
P/EG = 0.5905
Revenue TTM = 1.22b USD
EBIT TTM = 36.4m USD
EBITDA TTM = 55.2m USD
Long Term Debt = 154.1m USD (from longTermDebt, last quarter)
Short Term Debt = 29.0m USD (from shortTermDebt, last quarter)
Debt = 212.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -7.67m USD (from netDebt column, last quarter)
Enterprise Value = 1.93b USD (1.94b + Debt 212.1m - CCE 219.8m)
Interest Coverage Ratio = 2.54 (Ebit TTM 36.4m / Interest Expense TTM 14.3m)
EV/FCF = 14.23x (Enterprise Value 1.93b / FCF TTM 135.7m)
FCF Yield = 7.02% (FCF TTM 135.7m / Enterprise Value 1.93b)
FCF Margin = 11.12% (FCF TTM 135.7m / Revenue TTM 1.22b)
Net Margin = 0.75% (Net Income TTM 9.14m / Revenue TTM 1.22b)
Gross Margin = 61.30% ((Revenue TTM 1.22b - Cost of Revenue TTM 472.1m) / Revenue TTM)
Gross Margin QoQ = 61.36% (prev 60.61%)
Tobins Q-Ratio = 1.65 (Enterprise Value 1.93b / Total Assets 1.17b)
Interest Expense / Debt = 1.58% (Interest Expense 3.36m / Debt 212.1m)
Taxrate = 24.30% (2.53m / 10.4m)
NOPAT = 27.6m (EBIT 36.4m * (1 - 24.30%))
Current Ratio = 0.95 (Total Current Assets 535.7m / Total Current Liabilities 565.1m)
Debt / Equity = 2.21 (Debt 212.1m / totalStockholderEquity, last quarter 95.9m)
Debt / EBITDA = -0.14 (Net Debt -7.67m / EBITDA 55.2m)
Debt / FCF = -0.06 (Net Debt -7.67m / FCF TTM 135.7m)
Total Stockholder Equity = 75.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.81% (Net Income 9.14m / Total Assets 1.17b)
RoE = 12.12% (Net Income TTM 9.14m / Total Stockholder Equity 75.4m)
RoCE = 15.86% (EBIT 36.4m / Capital Employed (Equity 75.4m + L.T.Debt 154.1m))
RoIC = 10.70% (NOPAT 27.6m / Invested Capital 257.6m)
WACC = 10.48% (E(1.94b)/V(2.15b) * Re(11.50%) + D(212.1m)/V(2.15b) * Rd(1.58%) * (1-Tc(0.24)))
Discount Rate = 11.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.46%
[DCF] Terminal Value 59.93% ; FCFF base≈135.7m ; Y1≈89.1m ; Y5≈40.6m
[DCF] Fair Price = 4.22 (EV 558.8m - Net Debt -7.67m = Equity 566.5m / Shares 134.3m; r=10.48% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -32.17 | EPS CAGR: 5.86% | SUE: 0.19 | # QB: 0
Revenue Correlation: -8.80 | Revenue CAGR: 2.91% | SUE: 1.25 | # QB: 3
EPS current Year (2026-06-30): EPS=1.00 | Chg7d=-0.010 | Chg30d=-0.010 | Revisions Net=-1 | Growth EPS=+18.6% | Growth Revenue=+11.0%
EPS next Year (2027-06-30): EPS=1.27 | Chg7d=+0.014 | Chg30d=+0.014 | Revisions Net=+2 | Growth EPS=+27.8% | Growth Revenue=+7.5%
[Analyst] Revisions Ratio: -0.33 (1 Up / 2 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 11.1% (Discount Rate 11.5% - Earnings Yield 0.4%)
[Growth] Growth Spread = -3.6% (Analyst 7.5% - Implied 11.1%)

Additional Sources for EXTR Stock

Fund Manager Positions: Dataroma | Stockcircle