EXTR

Extreme Networks Inc. (EXTR) | Rumor.io

Extreme Networks

EXTR

Attention (50-day avg)0%

Attention rank (50-day avg)#3,124

Bullish sentiment (50-day avg)100%

Price to earnings ratio68.1

Market capitalization2.8B

Earnings per share0.31

Dividend yield (TTM)—

Revenue (annual)1.3B

Net income (annual)42.1M

Social

What share of all stock conversation is about EXTR?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0% new	0% new	0% 0	0% +0

Apr 29

$EXTR reported strong Q3 financial results, with 29% SaaS ARR growth and 8th consecutive quarter of sequential product revenue growth.
The company's shares jumped 28% on the news, and the stock is considered a strong hold with momentum.
Extreme Networks expects strong growth to continue in Q4, with EPS of 28-30c and revenue of $330-335M, beating consensus estimates.

Generated by AI

Sentiment

Of the messages about EXTR that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	—	—	—	81.42% -14.46
Bearish	—	—	—	18.58% +14.46

Bullish· Apr 29

$EXTR's Q3 earnings beat expectations, with revenue up 11% YoY to $316.9M and SaaS ARR accelerating 29% YoY.
The company's strong Q3 results, including 8 consecutive quarters of sequential product revenue growth, are driving a surge in its stock price, with a 24% increase.
Extreme Networks' solid financial performance, including a 23.81% YoY increase in adjusted EPS and a 11.38% YoY increase in revenue, is attracting investors and supporting its stock price.

Bearish· Jan 31

*Extreme Networks' ($EXTR) Q3 guidance was down 36% due to supply chain disruptions, leading to a 15.7% stock decline.
*The company's Q2 earnings snapshot showed a significant loss, with the stock price dropping 18.9% pre-market.
*The stock's technicals are bearish, breaking under the VWAP and potentially leading to a rapid decline after the $13.25 level.

Generated by AI

Topics

Of the messages about EXTR that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
Technical Analysis	—	—	—	1.88%
Analysts	—	—	—	0.69%
Earnings	—	—	—	0.44%
Announcements	—	—	—	1.84%
Controversies	—	—	—	0.26%
Macro	—	—	—	94.89%

Earnings· Jan 25

Extreme Networks reported Q2 earnings of $0.27 per share, beating the estimate of $0.24 by 12.5%.
Revenue was $318.3M, exceeding the estimated $304.37M, with a year-over-year growth of 13%.
The company raised its guidance for Q3 revenue, expecting $315-325M, and maintained its FY23 revenue outlook of $1.25-1.28B.

Analysts· Mar 30

Needham & Company LLC raised Extreme Networks' price target to $9.50, citing strong fundamentals.
DA Davidson increased Extreme Networks' price target to $10.00, with valuation models implying significant upside.
Analysts at Needham & Company and DA Davidson reiterated "buy" ratings for Extreme Networks, Inc., with both firms raising their price targets.

Announcements· Jan 31

Extreme Networks reported Q2 FY 2024 financial results, with revenue of $296.38M, beating consensus of $295.61M, and EPS of 24c, missing consensus of 25c.
The company provided disappointing guidance, citing supply-chain issues, with Q3 revenue expected to be $200M-$210M, below consensus of $321.3M, and Q4 revenue expected to be $265M-$275M.
Extreme Networks sees Q3 EPS of (22c)-(17c), with Q3 gross margin expected to be 59.5%-61.5%, and Q4 operating margin expected to be 10%-13%.

Generated by AI

Community

Of the messages about EXTR, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	0%	0%	0%	10.12%
Newcomers	100%	100%	100%	89.88%

Regulars· Feb 1

Analysts at UBS, Rosenblatt, and Needham have downgraded their ratings on Extreme Networks, with UBS cutting from Buy to Neutral and lowering the price target to $14.
Rosenblatt downgraded Extreme Networks to Neutral from Buy and lowered the price target from $19 to $15.
Needham decreased its price target for Extreme Networks to $16.50 from $23 while maintaining a Buy rating.

Newcomers· Apr 29

$EXTR is up 30% after an earnings beat, hitting its target price level (TP3) and showing strong momentum.
The strong performance of $EXTR has also positively impacted $VISN, which is up and expected to reiterate its annual guidance when it reports tomorrow.
$EXTR's recent earnings beat has led to a retest of its target price level (TP2), with the OBV (On-Balance Volume) continuing to hold support.

Generated by AI

Extreme Networks (NASDAQ:EXTR) has outperformed the market over the past 15 years by 1.69% on an annualized basis producing an average annual return of 15.56%. Currently, Extreme Networks has a market capitalization of

4d agoBenzinga

Extreme Networks (EXTR) Stock Could Be 37% Below Fair Value On Cash Flow

Extreme Networks has delivered a 124.8% return over the past 5 years, which puts a lot of focus on whether the current share price around US$22.03 lines up with what its cash flows can support. With that kind of long term performance in the rear-view mirror, the central question is how the stock looks when you value the business strictly on the money it is expected to generate. The 124.8% gain over 5 years means anyone buying Extreme Networks today is stepping in after a strong multi year...

5d agoYahoo Finance

Extreme Networks CEO Edward Meyercord Sells 50,000 Shares for $1.1 Million | The Motley Fool

Meyercord retains 1.76 million shares worth $38.3 million, maintaining significant equity interest. The sale was executed under a pre-scheduled Rule 10b5-1 trading plan.

7d agofool.com

Extreme Networks CEO Edward Meyercord Sells 50,000 Shares for $1.1 Million

Meyercord retains 1.76 million shares worth $38.3 million, maintaining significant equity interest. The sale was executed under a pre-scheduled Rule 10b5-1 trading plan.

7d agoYahoo Finance

Extreme Networks' Product Demand Trends Offer Confidence in Long-Term Model, UBS Says

Extreme Networks' (EXTR) product demand trends offer confidence in the long-term model, with fiscal

8d agofinance.yahoo.com

UBS reiterates Extreme Networks stock rating at neutral, $28 target

8d agoInvesting.com

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Extreme Networks Inc.

Energy
Oil & Gas Equipment & Services

Extreme Networks Inc. is a networking technology company that develops wired and wireless infrastructure, cloud-managed networking software, and related services for enterprise environments. Extreme Networks Inc. provides solutions for network management, analytics, security, access control, and software-defined wide area networking, helping organizations connect users, devices, applications, and data across campus, branch, data center, and distributed locations. Its product portfolio includes cloud-based management platforms, switching, wireless access points, and support services designed to simplify operations and improve network visibility and control. The company serves a broad range of industries, including education, healthcare, government, retail, hospitality, transportation, manufacturing, and sports and entertainment. Headquartered in Morrisville, North Carolina, Extreme Networks Inc. plays a significant role in the enterprise networking market through its focus on cloud networking, automation, and secure connectivity.

Website

Location

De Gerlachekaai 20

Antwerp, NC, 2000

Belgium

Social

What share of all stock conversation is about EXTR?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0% new	0% new	0% 0	0% +0

Apr 29

$EXTR reported strong Q3 financial results, with 29% SaaS ARR growth and 8th consecutive quarter of sequential product revenue growth.
The company's shares jumped 28% on the news, and the stock is considered a strong hold with momentum.
Extreme Networks expects strong growth to continue in Q4, with EPS of 28-30c and revenue of $330-335M, beating consensus estimates.

Generated by AI

Sentiment

Of the messages about EXTR that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	—	—	—	81.42% -14.46
Bearish	—	—	—	18.58% +14.46

Bullish· Apr 29

$EXTR's Q3 earnings beat expectations, with revenue up 11% YoY to $316.9M and SaaS ARR accelerating 29% YoY.
The company's strong Q3 results, including 8 consecutive quarters of sequential product revenue growth, are driving a surge in its stock price, with a 24% increase.
Extreme Networks' solid financial performance, including a 23.81% YoY increase in adjusted EPS and a 11.38% YoY increase in revenue, is attracting investors and supporting its stock price.

Bearish· Jan 31

*Extreme Networks' ($EXTR) Q3 guidance was down 36% due to supply chain disruptions, leading to a 15.7% stock decline.
*The company's Q2 earnings snapshot showed a significant loss, with the stock price dropping 18.9% pre-market.
*The stock's technicals are bearish, breaking under the VWAP and potentially leading to a rapid decline after the $13.25 level.

Generated by AI

Topics

Of the messages about EXTR that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
Technical Analysis	—	—	—	1.88%
Analysts	—	—	—	0.69%
Earnings	—	—	—	0.44%
Announcements	—	—	—	1.84%
Controversies	—	—	—	0.26%
Macro	—	—	—	94.89%

Earnings· Jan 25

Extreme Networks reported Q2 earnings of $0.27 per share, beating the estimate of $0.24 by 12.5%.
Revenue was $318.3M, exceeding the estimated $304.37M, with a year-over-year growth of 13%.
The company raised its guidance for Q3 revenue, expecting $315-325M, and maintained its FY23 revenue outlook of $1.25-1.28B.

Analysts· Mar 30

Needham & Company LLC raised Extreme Networks' price target to $9.50, citing strong fundamentals.
DA Davidson increased Extreme Networks' price target to $10.00, with valuation models implying significant upside.
Analysts at Needham & Company and DA Davidson reiterated "buy" ratings for Extreme Networks, Inc., with both firms raising their price targets.

Announcements· Jan 31

Extreme Networks reported Q2 FY 2024 financial results, with revenue of $296.38M, beating consensus of $295.61M, and EPS of 24c, missing consensus of 25c.
The company provided disappointing guidance, citing supply-chain issues, with Q3 revenue expected to be $200M-$210M, below consensus of $321.3M, and Q4 revenue expected to be $265M-$275M.
Extreme Networks sees Q3 EPS of (22c)-(17c), with Q3 gross margin expected to be 59.5%-61.5%, and Q4 operating margin expected to be 10%-13%.

Generated by AI

Community

Of the messages about EXTR, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	0%	0%	0%	10.12%
Newcomers	100%	100%	100%	89.88%

Regulars· Feb 1

Analysts at UBS, Rosenblatt, and Needham have downgraded their ratings on Extreme Networks, with UBS cutting from Buy to Neutral and lowering the price target to $14.
Rosenblatt downgraded Extreme Networks to Neutral from Buy and lowered the price target from $19 to $15.
Needham decreased its price target for Extreme Networks to $16.50 from $23 while maintaining a Buy rating.

Newcomers· Apr 29

$EXTR is up 30% after an earnings beat, hitting its target price level (TP3) and showing strong momentum.
The strong performance of $EXTR has also positively impacted $VISN, which is up and expected to reiterate its annual guidance when it reports tomorrow.
$EXTR's recent earnings beat has led to a retest of its target price level (TP2), with the OBV (On-Balance Volume) continuing to hold support.

Generated by AI

Extreme Networks

Social

Apr 29

Bullish· Apr 29

Bearish· Jan 31

Earnings· Jan 25

Analysts· Mar 30

Announcements· Jan 31

Regulars· Feb 1

Newcomers· Apr 29

If You Invested $100 In Extreme Networks Stock 15 Years Ago, You Would Have This Much Today - Extreme Net

Extreme Networks (EXTR) Stock Could Be 37% Below Fair Value On Cash Flow

Extreme Networks CEO Edward Meyercord Sells 50,000 Shares for $1.1 Million | The Motley Fool

Extreme Networks CEO Edward Meyercord Sells 50,000 Shares for $1.1 Million

Extreme Networks' Product Demand Trends Offer Confidence in Long-Term Model, UBS Says

UBS reiterates Extreme Networks stock rating at neutral, $28 target

Also Discussed

Extreme Networks Inc.

Company Information

Location

If You Invested $100 In Extreme Networks Stock 15 Years Ago, You Would Have This Much Today - Extreme Net

Extreme Networks (EXTR) Stock Could Be 37% Below Fair Value On Cash Flow

Extreme Networks CEO Edward Meyercord Sells 50,000 Shares for $1.1 Million | The Motley Fool

Extreme Networks CEO Edward Meyercord Sells 50,000 Shares for $1.1 Million

Extreme Networks' Product Demand Trends Offer Confidence in Long-Term Model, UBS Says

UBS reiterates Extreme Networks stock rating at neutral, $28 target

Also Discussed

Social

Apr 29

Bullish· Apr 29

Bearish· Jan 31

Earnings· Jan 25

Analysts· Mar 30

Announcements· Jan 31

Regulars· Feb 1

Newcomers· Apr 29