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Extreme Networks Inc (EXTR)

Upturn stock ratingUpturn stock rating
$13.13
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
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Upturn Advisory Summary

04/01/2025: EXTR (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

AI Based Fundamental Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit 94.2%
Avg. Invested days 41
Today’s Advisory PASS
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 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.85B USD
Price to earnings Ratio -
1Y Target Price 19.83
Price to earnings Ratio -
1Y Target Price 19.83
Volume (30-day avg) 1148602
Beta 1.73
52 Weeks Range 10.49 - 19.24
Updated Date 03/31/2025
52 Weeks Range 10.49 - 19.24
Updated Date 03/31/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.93

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 -
When -
Estimate -
Actual -

Profitability

Profit Margin -11.98%
Operating Margin (TTM) 4.9%

Management Effectiveness

Return on Assets (TTM) -4.31%
Return on Equity (TTM) -152.77%

Valuation

Trailing PE -
Forward PE 13.66
Enterprise Value 1906581725
Price to Sales(TTM) 1.82
Enterprise Value 1906581725
Price to Sales(TTM) 1.82
Enterprise Value to Revenue 1.88
Enterprise Value to EBITDA 35.27
Shares Outstanding 132755000
Shares Floating 128561564
Shares Outstanding 132755000
Shares Floating 128561564
Percent Insiders 2.92
Percent Institutions 92.62

Analyst Ratings

Rating 4
Target Price 19.33
Buy 1
Strong Buy 3
Buy 1
Strong Buy 3
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Extreme Networks Inc

stock logo

Company Overview

overview logo History and Background

Extreme Networks was founded in 1996. It grew through acquisitions and organic growth, focusing on enterprise networking solutions. Key milestones include various product innovations and strategic acquisitions like Zebra Technologies' WLAN business and Brocade's data center networking business.

business area logo Core Business Areas

  • Cloud Networking: Provides cloud-managed networking solutions for enterprises, including switches, access points, and management software.
  • Enterprise Networking: Offers wired and wireless networking products and solutions for enterprise customers.
  • Data Center Networking: Provides networking solutions for data centers, focusing on high performance and low latency.

leadership logo Leadership and Structure

The leadership team includes Ed Meyercord (President and CEO). The company has a functional organizational structure with departments for engineering, sales, marketing, and operations.

Top Products and Market Share

overview logo Key Offerings

  • ExtremeCloud IQ: A cloud-managed networking platform for simplifying network management and providing insights. Competitors include Cisco Meraki, Juniper Mist. Market Share is hard to estimate, it is a top 5 in the cloud networking industry.
  • ExtremeSwitching: A portfolio of Ethernet switches for enterprise networks. Competitors include Cisco, Arista, HPE Aruba. Extreme switching products account for a significant portion of their revenue. Market share of ethernet switching is roughly 7%.
  • ExtremeWireless: Wi-Fi 6 and 6E access points and controllers for wireless networking. Competitors include Cisco, Aruba, CommScope/Ruckus.

Market Dynamics

industry overview logo Industry Overview

The networking industry is characterized by increasing demand for cloud-managed solutions, Wi-Fi 6/6E adoption, and the growth of IoT. Competition is intense, with established players and emerging disruptors.

Positioning

Extreme Networks positions itself as a provider of flexible, cloud-driven networking solutions, emphasizing simplicity and customer support. Competitive advantages include its cloud-based platform and a focus on specific verticals.

Total Addressable Market (TAM)

The total addressable market for enterprise networking is estimated to be hundreds of billions of dollars. Extreme is positioned to address a significant portion of this TAM through its cloud and hardware offerings.

Upturn SWOT Analysis

Strengths

  • Cloud-managed networking platform
  • Strong focus on customer support
  • Strategic acquisitions to expand product portfolio
  • Vertical market expertise

Weaknesses

  • Smaller market share compared to Cisco and HPE Aruba
  • Dependence on acquisitions for growth
  • Lower brand awareness compared to larger competitors

Opportunities

  • Growth in cloud networking and Wi-Fi 6 adoption
  • Expanding into new vertical markets
  • Leveraging AI and automation for network management
  • Partnerships with other technology providers

Threats

  • Intense competition from larger players
  • Technological obsolescence
  • Economic downturns impacting IT spending
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • CSCO
  • HPE
  • JNPR
  • ARIS

Competitive Landscape

Extreme Networks competes with larger players like Cisco and HPE Aruba, but it differentiates itself through its cloud-driven approach and customer support. It often targets specific verticals where it has expertise.

Major Acquisitions

Aerohive Networks

  • Year: 2019
  • Acquisition Price (USD millions): 272
  • Strategic Rationale: Strengthened cloud-managed networking portfolio and expanded market reach.

Brocade's Data Center Networking Business

  • Year: 2017
  • Acquisition Price (USD millions): 55
  • Strategic Rationale: Enhanced data center networking capabilities.

Growth Trajectory and Initiatives

Historical Growth: Extreme Networks has grown through a combination of organic growth and acquisitions. Revenue growth has been variable, depending on market conditions and acquisition integration.

Future Projections: Future Projections require access to analyst estimates. Example structure: Revenue Growth: [7, 8, 9]%, EPS Growth [10, 11, 12]%

Recent Initiatives: Recent initiatives include the launch of new cloud-managed solutions, expansion into new vertical markets, and partnerships with other technology providers.

Summary

Extreme Networks is a mid-sized player in the networking industry, differentiating itself with cloud-managed solutions and strong customer support. Growth through acquisitions has been a key strategy. Intense competition and technological changes pose challenges. Focusing on niche markets and innovation will be critical for future success.

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Sources and Disclaimers

Data Sources:

  • Company filings, industry reports, analyst estimates, public data sources.

Disclaimers:

The data provided is for informational purposes only 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 2656
Full time employees 2656

Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired, wireless, and software-defined wide area-network infrastructure equipment. 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 local area networks access point products; ExtremeSwitching portfolio that includes access edge products, which offer connection speeds 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. The company was incorporated in 1996 and is headquartered in Morrisville, North Carolina.

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