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Extreme Networks Inc (EXTR)

Upturn stock ratingUpturn stock rating
$22.08
Last Close (24-hour delay)
Profit since last BUY49.19%
upturn advisory
Strong Buy
BUY since 77 days
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  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

08/28/2025: EXTR (5-star) is a STRONG-BUY. BUY since 77 days. Profits (49.19%). Updated daily EoD!

Upturn Star Rating

rating

Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Number of Analysts

rating

7 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $23.83

1 Year Target Price $23.83

Analysts Price Target For last 52 week
$23.83 Target price
52w Low $10.1
Current$22.08
52w High $22.1

Analysis of Past Performance

Type Stock
Historic Profit 80.97%
Avg. Invested days 48
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 4.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.92B USD
Price to earnings Ratio -
1Y Target Price 23.83
Price to earnings Ratio -
1Y Target Price 23.83
Volume (30-day avg) 7
Beta 1.75
52 Weeks Range 10.10 - 22.10
Updated Date 08/28/2025
52 Weeks Range 10.10 - 22.10
Updated Date 08/28/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.06

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-08-06
When -
Estimate 0.23
Actual 0.25

Profitability

Profit Margin -0.65%
Operating Margin (TTM) -0.57%

Management Effectiveness

Return on Assets (TTM) 1.05%
Return on Equity (TTM) -16.43%

Valuation

Trailing PE -
Forward PE 22.57
Enterprise Value 2910885100
Price to Sales(TTM) 2.56
Enterprise Value 2910885100
Price to Sales(TTM) 2.56
Enterprise Value to Revenue 2.55
Enterprise Value to EBITDA 73.84
Shares Outstanding 132210000
Shares Floating 127607390
Shares Outstanding 132210000
Shares Floating 127607390
Percent Insiders 3.25
Percent Institutions 93.64

ai summary icon Upturn AI SWOT

Extreme Networks Inc

stock logo

Company Overview

overview logo History and Background

Extreme Networks was founded in 1996. They are a cloud-driven networking company. Significant milestones include the acquisition of Enterasys Networks in 2013 and Brocade's data center networking business in 2017. The company has evolved from a hardware-focused provider to a solutions-oriented vendor with a strong emphasis on cloud management and automation.

business area logo Core Business Areas

  • Cloud Networking: Offers cloud-based network management, automation, and analytics to simplify network operations and improve performance. Key product is ExtremeCloud IQ.
  • Enterprise Switching: Provides a range of switches for campus, data center, and branch networks. Includes fixed and modular switches with advanced features.
  • Wireless LAN: Offers Wi-Fi access points and controllers for enterprise-grade wireless connectivity. Key product lines include ExtremeWireless and Aerohive.
  • SD-WAN: Secure Access Service Edge (SASE) solutions that provide simplified network management. Also provides wide area network (WAN) connectivity, security, and optimization.
  • Security: Offers security solutions integrated into the network fabric, providing threat detection, prevention, and access control.

leadership logo Leadership and Structure

The CEO is Ed Meyercord. The company has a traditional functional organizational structure with departments for sales, marketing, engineering, and operations.

Top Products and Market Share

overview logo Key Offerings

  • ExtremeCloud IQ: Cloud management platform for network devices. This product compete with Cisco DNA Center, Aruba Central and Juniper Mist Cloud. While exact market share is difficult to pin down, ExtremeCloud IQ is considered a leading contender in the cloud-managed networking space.
  • ExtremeSwitching: Enterprise-grade Ethernet switches for campus and data center networks. Competes with Cisco Catalyst and Nexus, Juniper EX and QFX series, and Arista Networks switches. Market share varies by segment, with Extreme holding a notable position in specific verticals like education and healthcare.
  • ExtremeWireless: Wi-Fi access points and controllers for enterprise wireless networks. Competes with Cisco Meraki, Aruba, and Juniper Mist. The market share varies depending on the region.

Market Dynamics

industry overview logo Industry Overview

The networking industry is currently undergoing a transformation driven by cloud adoption, digital transformation, and the increasing demand for bandwidth and security. Key trends include software-defined networking (SDN), network automation, and the rise of edge computing.

Positioning

Extreme Networks is positioned as a provider of cloud-driven networking solutions that simplify network management and improve agility. The company differentiates itself through its focus on customer service and its open, standards-based approach.

Total Addressable Market (TAM)

The global networking market is estimated to be worth hundreds of billions of dollars. Extreme Networks is focused on capturing market share in specific segments, such as cloud-managed networking, enterprise switching, and wireless LAN.

Upturn SWOT Analysis

Strengths

  • Strong cloud-based platform (ExtremeCloud IQ)
  • Focus on customer service
  • Open, standards-based approach
  • Agile and responsive to market changes

Weaknesses

  • Smaller market share compared to Cisco and HP(Aruba)
  • Requires aggressive marketing to increase mindshare
  • Heavily reliant on channel partners

Opportunities

  • Growing demand for cloud-managed networking
  • Increasing adoption of SDN and network automation
  • Expansion into new markets and verticals
  • Leveraging acquisitions to expand product portfolio

Threats

  • Intense competition from larger vendors
  • Rapid technological changes
  • Economic downturns affecting IT spending
  • Security threats and vulnerabilities

Competitors and Market Share

competitor logo Key Competitors

  • CSCO
  • HPE
  • JNPR
  • VMW
  • ARCC

Competitive Landscape

Extreme Networks competes with larger, more established vendors like Cisco and HP(Aruba). Extreme Networks differentiates itself through its cloud-driven approach, customer service, and open standards-based solutions. The company is focused on winning market share in specific verticals like education and healthcare.

Major Acquisitions

Ipanema Technologies

  • Year: 2015
  • Acquisition Price (USD millions): 75
  • Strategic Rationale: Expanded Extreme's capabilities in WAN optimization and application delivery.

Brocade's data center networking business

  • Year: 2017
  • Acquisition Price (USD millions): 55
  • Strategic Rationale: Strengthened Extreme's presence in the data center networking market and added new product lines.

Aerohive Networks

  • Year: 2019
  • Acquisition Price (USD millions): 272
  • Strategic Rationale: Enhance Extreme Networks' Wi-Fi and cloud management capabilities.

Growth Trajectory and Initiatives

Historical Growth: Analyzing historical growth requires access to historical financial data, which needs to be looked up.

Future Projections: Analyst estimates for future growth can be found on financial websites. Analyst projections are not available.

Recent Initiatives: Recent initiatives include the launch of new cloud-managed networking solutions and strategic acquisitions to expand the product portfolio.

Summary

Extreme Networks is a cloud-driven networking company with a focus on customer service and open standards. Their ExtremeCloud IQ product is a key strength in the cloud-managed networking space. They face strong competition from larger vendors such as Cisco and HP(Aruba). However, strategic acquisitions have expanded their product portfolio and market reach which will allow them to continue growing in the space.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Extreme Networks' investor relations website
  • Financial news websites
  • Industry research reports

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. Market conditions and company performance are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Extreme Networks Inc

Exchange NASDAQ
Headquaters Morrisville, NC, United States
IPO Launch date 1999-04-09
President, CEO & Executive Director Mr. Edward B. Meyercord III
Sector Technology
Industry Communication Equipment
Full time employees 2811
Full time employees 2811

Extreme Networks, Inc., together with its subsidiaries, develops, markets, and sells infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. 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; and automation; ExtremeCloud IQ-Site Engine, which provides task automation, access control, granular visibility with real-time analytics and multi-vendor device management; and ExtremeCloud IQ Essentials that offers wireless intrusion prevention system, location services, and guest management services. It also provides wireless local area networks access point products; wired for edge, campus, and data center through Extreme Switching that offers access edge products, such as connection speeds for physical presentations along with options to deliver Ethernet or convergence-friendly power-over-ethernet; and ExtremeCloud SD-WAN, a software-defined wide area networks solution offering an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, and support and maintenance; and ExtremeCloud Universal ZTNA, a network access security solution for IoT. In addition, the company offers cloud native platforms and applications; and customer support and services, including post-sale support, consultative, customized training and operational manuals, and classes covering various topics. It serves mid-market and enterprise customers, as well as service providers in various industries, such as sports and entertainment, hospitality, retail, transportation and logistics, education, government, healthcare, and manufacturing. The company sells its products through OEM, strategic relationships, distributors, resellers, and field sales. Extreme Networks, Inc., was incorporated in 1996 and is headquartered in Morrisville, North Carolina.