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Extreme Networks Inc (EXTR)



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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!
1 Year Target Price $23.83
1 Year Target Price $23.83
3 | Strong Buy |
1 | Buy |
3 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 80.97% | Avg. Invested days 48 | Today’s Advisory Strong Buy |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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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 |
Upturn AI SWOT
Extreme Networks Inc

Company Overview
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.
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 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
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
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
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.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.extremenetworks.com |
Full time employees 2811 | Website https://www.extremenetworks.com |
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.

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