Inside the research
Extreme Networks, Inc.
EXTR Research profile · latest available data
Price overview
$21.52
▼ -0.12 (-0.6%)
| 52w hi | $33.71 |
|---|---|
| 52w lo | $13.74 |
| Vol | 1.77M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.03
| Short | -0.66 |
|---|---|
| Medium | +0.33 |
| Long | +0.49 |
computed 2026-09-27
Key fundamentals
Extreme Networks, Inc.
Technology · Communication Equipment
| Market cap | $2.84B |
|---|---|
| Enterprise value | $2.79B |
| Trailing P/E | 69.42x |
| Forward P/E | 14.15x |
| EV / EBITDA | 33.56x |
| P / S (ttm) | 2.22x |
| Profit margin | 3.3% |
| Return on equity | 54.6% |
| Revenue growth | +10.3% |
| Debt / equity | 219.62 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.22 | |
| Sector | +0.19 | |
| Technical | -0.07 | |
| Earnings | +0.00 | |
| Sentiment | -0.50 |
macro × 1.00 · 2026-09-27
Business overview
Extreme Networks, Inc., together with its subsidiaries, develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers ExtremeCloud IQ, a machine learning/AI powered, wired and wireless cloud network management solution that offers visibility and control over users, devices, and applications; ExtremeCloud IQ-Site Engine which extends cloud management to non-cloud native and multi-vendor devices; ExtremeCloud IQ Essentials provides wireless intrusion prevention system, location services, and guest management services; and ExtremeCloud SD-WAN, a software-defined wide area networks solution offered as an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, support and maintenance, and customer success support. The company also provides indoor and outdoor Wi-Fi 7 and prior generation Aps; WIPS solutions; switch products; Cloud Native Platforms and Applications for Service Providers; and ExtremeCloud Universal ZTNA. In addition, the company offers customer and support services, such as support services for end-users, resellers, and distributors; and premier, professional, and education services. It sells its products through original equipment manufacturers, strategic relationships, distributors, resellers, and field sales. The company serves mid-market and enterprise customers, and services providers. Extreme Networks, Inc., was incorporated in 1996 and is headquartered in Morrisville, North Carolina.
Risk Metrics
| Beta vs SPX | 1.55 |
|---|---|
| Corr SPX | 0.50 |
| Annual vol | 49.9% |
| Annual ret | +29.2% |
| Sharpe | 0.59 |
| Max DD | -41.5% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Earnings Release, Exhibits | read |
| 2026-07-30 | Material Agreement, Termination of Agreement… | read |
| 2026-04-29 | Earnings Release, Exhibits | read |
| 2026-01-28 | Earnings Release, Exhibits | read |
| 2026-01-07 | Officer / Director Change | read |
| 2025-11-13 | Shareholder Vote, Exhibits | read |
| 2025-11-10 | Reg FD Disclosure, Exhibits | read |
| 2025-10-29 | Earnings Release, Exhibits | read |
| 2025-08-06 | Earnings Release, Exhibits | read |
| 2025-04-30 | Earnings Release, Exhibits | read |
| 2025-02-18 | Other Material Event, Exhibits | read |
| 2025-01-29 | Earnings Release, Exhibits | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 10 |
| Top-5 share | 88.6% |
| HHI | 2,502 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $198.58M | 6.14M |
| Fidelity / FMR LLC | $113.62M | 3.51M |
| Renaissance Technologies | $60.29M | 1.86M |
| Millennium Management | $33.31M | 1.03M |
| Capital Research / Capital World | $22.95M | 708.92K |
| Citadel Advisors | $20.44M | 631.55K |
| Norges Bank (Norway sovereign) | $18.87M | 582.92K |
| AQR Capital Management | $13.79M | 426.04K |
| Bridgewater Associates | $1.79M | 55.34K |
| T. Rowe Price Group | $172.38K | 5.33M |
As of 2026-06-30
SEC Filings
The Long Run
FY 2012–2025 · 14 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.12B | +22.6% | |
| Gross profit | $709.13M | +23.4% | |
| Operating income | -$65.20M | +50.8% | |
| Net income | -$85.96M | +101.0% | |
| Cash from ops | $249.21M | +29.8% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $21.77 | $21.94 | $21.50 | $21.52 | 1.77M |
| Sep 24 | $21.67 | $21.88 | $21.51 | $21.64 | 1.17M |
| Sep 23 | $22.09 | $22.09 | $21.69 | $22.03 | 954.30K |
| Sep 22 | $22.75 | $22.76 | $21.84 | $22.11 | 1.49M |
| Sep 21 | $22.55 | $22.79 | $22.18 | $22.73 | 917.60K |
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