EXTR

Extreme Networks Inc

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Advanced Chart

22.220

-0.08(-0.359%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

22.530

Open

22.270

VWAP

22.25

Vol

1.01M

Mkt Cap

2.94B

Low

22.040

Amount

22.56M

EV/EBITDA(TTM)

76.78

Total Shares

129.95M

2.89B

EV/OCF(TTM)

19.02

P/S(TTM)

2.60

Extreme Networks, Inc. is a provider of cloud networking solutions and industry services and support. The Company designs, develops, and manufactures wired, wireless, and software-defined wide area-network (SD- WAN) infrastructure equipment, software and cloud-based network management solutions. Its cloud solution is a single platform that offers unified network management of wireless access points, switches, and SD-WAN. Its products and services categories include Cloud Networking Platform, Automation, Analytics, and Security Applications, Wireless LAN AP, Wired for Edge, Campus, and Data Center, SD-WAN, Cloud Native Platforms and Applications for Service Providers and Customer Service and Support. It provides service to various industries, including business, hospitality, retail, transportation and logistics, education, government, healthcare, and service providers. Its cloud networking technologies provide flexibility in deployment, management, and licensing of networks globally.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2026Q2

FY2026Q3

295.74M

+9.86%

0.215

+26.62%

304.45M

+8.98%

0.241

+14.68%

307.64M

+8.13%

0.255

+21.37%

Estimates Revision

The market is revising Upward the revenue expectations for Extreme Networks, Inc. (EXTR) for FY2026, with the revenue forecasts being adjusted by 0.32% over the past three months. During the same period, the stock price has changed by 29.19%.

Revenue Estimates for FY2026

Revise Upward

+0.32%

In Past 3 Month

EPS Estimates for FY2026

Revise Upward

+0.86%

In Past 3 Month

Stock Price

Go Up

+29.19%

In Past 3 Month

6 Analyst Rating

7.25% Upside

Wall Street analysts forecast EXTR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXTR is 23.83 USD with a low forecast of 21.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

5 Buy

1 Hold

0 Sell

Strong Buy

7.25% Upside

Current: 22.220

Low

21.00

Averages

23.83

High

25.00

7.25% Upside

Current: 22.220

Low

21.00

Averages

23.83

High

25.00

Lake Street

Hold

Buy

upgrade

$15 -> $24

2025-08-07

Reason

Lake Street

Price Target

$15 -> $24

2025-08-07

upgrade

Hold

Buy

Reason

Lake Street upgraded Extreme Networks to Buy from Hold with a price target of $24, up from $15, as Extreme saw continued signs of market recovery in APAC and EMEA in Q4. The firm believes the company has a number of vectors in addition to the launch of Platform ONE and acceleration in SaaS ARR growth to drive revenue and earnings upside in FY26, the analyst tells investors.

Needham

Buy

maintain

$20 -> $24

2025-08-07

Reason

Needham

Price Target

$20 -> $24

2025-08-07

maintain

Buy

Reason

Needham raised the firm's price target on Extreme Networks to $24 from $20 and keeps a Buy rating on the shares. The company delivered a strong Q4 earnings beat while guiding FY26 ahead of consensus, with record net new SaaS ARR of $24MM and strength in APAC and EMEA, the analyst tells investors in a research note. Needham adds that the company's new Platform ONE launch in the September quarter should drive slow, steady acceleration in ARR and its differentiated campus fabric architecture to generate up-market share gains.

Rosenblatt

Buy

maintain

$18 -> $20

2025-06-13

Reason

Rosenblatt

Price Target

$18 -> $20

2025-06-13

maintain

Buy

Reason

Rosenblatt raised the firm's price target on Extreme Networks to $20 from $18 and keeps a Buy rating on the shares.

Rosenblatt

Mike Genovese

Strong Buy

Maintains

$22 → $18

2025-04-22

Reason

Rosenblatt

Mike Genovese

Price Target

$22 → $18

2025-04-22

Maintains

Strong Buy

Reason

Rosenblatt

Mike Genovese

Strong Buy

Maintains

$22

2025-02-07

Reason

Rosenblatt

Mike Genovese

Price Target

$22

2025-02-07

Maintains

Strong Buy

Reason

Lake Street

Eric Martinuzzi

Hold

Maintains

$15 → $16

2025-01-30

Reason

Lake Street

Eric Martinuzzi

Price Target

$15 → $16

2025-01-30

Maintains

Hold

Reason

Lake Street analyst Eric Martinuzzi raised the firm's price target on Extreme Networks to $16 from $15 and keeps a Hold rating on the shares. The firm, which was "pleased with the solid execution in 1H25" and the full-year guidance, has raised its estimates after Extreme reported fiscal Q2 results.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Extreme Networks Inc (EXTR.O) is 22.05, compared to its 5-year average forward P/E of 18.51. For a more detailed relative valuation and DCF analysis to assess Extreme Networks Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

18.51

Current PE

22.05

Overvalued PE

28.63

Undervalued PE

8.39

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

12.35

Current EV/EBITDA

14.49

Overvalued EV/EBITDA

17.23

Undervalued EV/EBITDA

7.47

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

1.59

Current PS

2.39

Overvalued PS

2.11

Undervalued PS

1.06

Financials

Annual

Quarterly

FY2025Q4

YoY :

+19.62%

307.00M

Total Revenue

FY2025Q4

YoY :

-95.49%

-1.76M

Operating Profit

FY2025Q4

YoY :

-85.60%

-7.80M

Net Income after Tax

FY2025Q4

YoY :

-85.71%

-0.06

EPS - Diluted

FY2025Q4

YoY :

+584.48%

75.29M

Free Cash Flow

FY2025Q4

YoY :

+38.15%

61.42

Gross Profit Margin - %

FY2025Q4

YoY :

+234.43%

11.17

FCF Margin - %

FY2025Q4

YoY :

-87.97%

-2.54

Net Margin - %

FY2025Q4

-14.55

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 472.17% over the last month.

Sold

0-3

Months

4.4M

USD

3-6

Months

2.9M

USD

6-9

Months

1.1M

USD

0-12

Months

1.8M

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

0.0

Volume

6-9

Months

908.8K

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

0.0

Volume

Months

6-9

94.5K

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders areSelling! The selling amount has increased 472.17% over the last month.

Sold

0-3

Months

4.4M

USD

3-6

Months

2.9M

USD

6-9

Months

1.1M

USD

0-12

Months

1.8M

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

EXTR News & Events

Events Timeline

2025-09-03 (ET)

2025-09-03

07:25:00

Extreme Networks expands collaboration with NFL

2025-08-06 (ET)

2025-08-06

08:16:36

Extreme Networks sees FY26 revenue $1.23B-$1.24B, consensus $1.22B

2025-08-06

08:16:02

Extreme Networks sees Q1 EPS 20c-23c, consensus 20c

News

7.0

09-18Globenewswire

Investigation Launched into Extreme Networks by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Probes Officers and Directors of Extreme Networks, Inc. - EXTR

7.5

09-03Newsfilter

NFL and Extreme Networks Renew Partnership Until 2028 to Enhance Stadium Connectivity and Wi-Fi Analytics