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
Vol1.77M
As of25 Sep 2026

The Verdict

Hold

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/E69.42x
Forward P/E14.15x
EV / EBITDA33.56x
P / S (ttm)2.22x
Profit margin3.3%
Return on equity54.6%
Revenue growth+10.3%
Debt / equity219.62

Layer Breakdown

LayerRawContribution
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.

United States · www.extremenetworks.com

Risk Metrics

Beta vs SPX1.55
Corr SPX0.50
Annual vol49.9%
Annual ret+29.2%
Sharpe0.59
Max DD-41.5%

Window: 504 trading days (504 obs)

Material Events

DateEvent8-K
2026-08-05Earnings Release, Exhibitsread
2026-07-30Material Agreement, Termination of Agreement…read
2026-04-29Earnings Release, Exhibitsread
2026-01-28Earnings Release, Exhibitsread
2026-01-07Officer / Director Changeread
2025-11-13Shareholder Vote, Exhibitsread
2025-11-10Reg FD Disclosure, Exhibitsread
2025-10-29Earnings Release, Exhibitsread
2025-08-06Earnings Release, Exhibitsread
2025-04-30Earnings Release, Exhibitsread
2025-02-18Other Material Event, Exhibitsread
2025-01-29Earnings Release, Exhibitsread

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders10
Top-5 share88.6%
HHI2,502 (concentrated)

Top Holders

HolderValueShares
State Street Corp$198.58M6.14M
Fidelity / FMR LLC$113.62M3.51M
Renaissance Technologies$60.29M1.86M
Millennium Management$33.31M1.03M
Capital Research / Capital World$22.95M708.92K
Citadel Advisors$20.44M631.55K
Norges Bank (Norway sovereign)$18.87M582.92K
AQR Capital Management$13.79M426.04K
Bridgewater Associates$1.79M55.34K
T. Rowe Price Group$172.38K5.33M

As of 2026-06-30

SEC Filings

DateFormDoc
2026-08-1710-Kview
2026-08-114view
2026-08-058-Kview
2026-08-044view
2026-07-308-Kview
2026-07-024view
2026-06-124view
2026-06-124view
2026-06-084view
2026-06-024view
2026-06-024view
2026-06-024view
2026-05-284view
2026-05-284view
2026-05-184view

The Long Run

FY 2012–2025 · 14 years

LineLatestCAGRTrend
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

S&P SmallCap 600

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$21.77$21.94$21.50$21.521.77M
Sep 24$21.67$21.88$21.51$21.641.17M
Sep 23$22.09$22.09$21.69$22.03954.30K
Sep 22$22.75$22.76$21.84$22.111.49M
Sep 21$22.55$22.79$22.18$22.73917.60K

Understand the score. Research layers are inputs to a model, and the available data has limits.

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