NASDAQ
EXTR

Extreme Networks Inc

Communication Equipment
Technology

Prices are adjusted according to historical splits.

Extreme Networks Inc Stock Price

Vitals

Today's Low:
$25.125
Today's High:
$25.7281
Open Price:
$25.7
52W Low:
$8.49
52W High:
$22.07
Prev. Close:
$25.59
Volume:
1599840

Company Statistics

Market Cap.:
$2.76 billion
Book Value:
0.801
Revenue TTM:
$1.23 billion
Operating Margin TTM:
6.92%
Gross Profit TTM:
$629.94 million
Profit Margin:
4.73%
Return on Assets TTM:
5.07%
Return on Equity TTM:
57.35%

Company Profile

Extreme Networks Inc had its IPO on 1999-04-09 under the ticker symbol EXTR.

The company operates in the Technology sector and Communication Equipment industry. Extreme Networks Inc has a staff strength of 2,643 employees.

Stock update

Shares of Extreme Networks Inc opened at $25.7 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $25.13 - $25.73, and closed at $25.32.

This is a -1.06% slip from the previous day's closing price.

A total volume of 1,599,840 shares were traded at the close of the day’s session.

In the last one week, shares of Extreme Networks Inc have slipped by -6.71%.

Extreme Networks Inc's Key Ratios

Extreme Networks Inc has a market cap of $2.76 billion, indicating a price to book ratio of 20.4992 and a price to sales ratio of 2.2157.

In the last 12-months Extreme Networks Inc’s revenue was $1.23 billion with a gross profit of $629.94 million and an EBITDA of $120.50 million. The EBITDA ratio measures Extreme Networks Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Extreme Networks Inc’s operating margin was 6.92% while its return on assets stood at 5.07% with a return of equity of 57.35%.

In Q1, Extreme Networks Inc’s quarterly earnings growth was a positive 72.2% while revenue growth was a positive 16.5%.

Extreme Networks Inc’s PE and PEG Ratio

Forward PE
14.1243
Trailing PE
46.4348
PEG
0.88

Its diluted EPS in the last 12-months stands at $0.46 per share while it has a forward price to earnings multiple of 14.1243 and a PEG multiple of 0.88. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Extreme Networks Inc’s profitability.

Extreme Networks Inc stock is trading at a EV to sales ratio of 1.8057 and a EV to EBITDA ratio of 19.103. Its price to sales ratio in the trailing 12-months stood at 2.2157.

Extreme Networks Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$1.07 billion
Total Liabilities
$526.85 million
Operating Cash Flow
$-2363000.00
Capital Expenditure
$2.36 million
Dividend Payout Ratio
0%

Extreme Networks Inc ended 2024 with $1.07 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.07 billion while shareholder equity stood at $103.19 million.

Extreme Networks Inc ended 2024 with $203.46 million in deferred long-term liabilities, $526.85 million in other current liabilities, 143000.00 in common stock, $-881425000.00 in retained earnings and $394.67 million in goodwill. Its cash balance stood at $203.00 million and cash and short-term investments were $203.00 million. The company’s total short-term debt was $47,753,000 while long-term debt stood at $198.19 million.

Extreme Networks Inc’s total current assets stands at $502.07 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $158.64 million compared to accounts payable of $95.96 million and inventory worth $70.31 million.

In 2024, Extreme Networks Inc's operating cash flow was $-2363000.00 while its capital expenditure stood at $2.36 million.

Comparatively, Extreme Networks Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$25.32
52-Week High
$22.07
52-Week Low
$8.49
Analyst Target Price
$22

Extreme Networks Inc stock is currently trading at $25.32 per share. It touched a 52-week high of $22.07 and a 52-week low of $22.07. Analysts tracking the stock have a 12-month average target price of $22.

Its 50-day moving average was $27.81 and 200-day moving average was $21.31 The short ratio stood at 5.66 indicating a short percent outstanding of 0%.

Around 231.8% of the company’s stock are held by insiders while 9004.4% are held by institutions.

Frequently Asked Questions About Extreme Networks Inc

The stock symbol (also called stock or share ticker) of Extreme Networks Inc is EXTR

The IPO of Extreme Networks Inc took place on 1999-04-09

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About

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 visibility with real-time analytics and multi-vendor device management; and ExtremeCloud IQ Essentials offers WIPS, location services, IoT, and guest management services. It also provides wireless access point products; ExtremeSwitching portfolio that includes access edge products that offer physical presentations along with options to deliver Ethernet or convergence-friendly Power-over-Ethernet (POE), including high-power universal POE; ExtremeCloud SD-WAN, a software-defined wide area networks solution offers an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, support and maintenance, and customer success support; aggregation/core switches designed to address aggregation, top-of-rack, and campus core environments; and data center switches and routers. In addition, the company offers cloud native platforms and applications for service providers; and customer support and services. It markets and sells its products through distributors, resellers, and field sales organizations to healthcare, education, government, manufacturing, retail, and hospitality markets. Extreme Networks, Inc. was incorporated in 1996 and is headquartered in Morrisville, North Carolina.

Address

2121 RDU Center Drive, Morrisville, NC, United States, 27560