Latest news with #EXTR
Yahoo
14-06-2025
- Business
- Yahoo
Is It Too Late To Consider Buying Extreme Networks, Inc. (NASDAQ:EXTR)?
Extreme Networks, Inc. (NASDAQ:EXTR), might not be a large cap stock, but it received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, what if the stock is still a bargain? Let's take a look at Extreme Networks's outlook and value based on the most recent financial data to see if the opportunity still exists. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Good news, investors! Extreme Networks is still a bargain right now. According to our valuation, the intrinsic value for the stock is $24.12, but it is currently trading at US$16.08 on the share market, meaning that there is still an opportunity to buy now. However, given that Extreme Networks's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. Check out our latest analysis for Extreme Networks Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With revenues expected to grow by 33% over the next couple of years, the future seems bright for Extreme Networks. If the level of expenses is able to be maintained, it looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? Since EXTR is currently undervalued, it may be a great time to increase your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on EXTR for a while, now might be the time to enter the stock. Its buoyant future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy EXTR. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision. It can be quite valuable to consider what analysts expect for Extreme Networks from their most recent forecasts. Luckily, you can check out what analysts are forecasting by clicking here. If you are no longer interested in Extreme Networks, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Needham Reiterates Buy Rating on Extreme Networks (EXTR) After Extreme Connect Event
On May 27, Needham reiterated its Buy rating on Extreme Networks, Inc. (NASDAQ:EXTR) and kept the price target the same at $20. The update comes after the company's Extreme Connect Event in Paris. A customer service person helping a client with a complex network issue, illustrating the customer support of the communication equipment company. The firm highlighted the company is moving closer to its full rollout of Platform ONE which combines artificial intelligence, networking, and security in a single system. Extreme Networks, Inc. (NASDAQ:EXTR) held its Extreme Connect Event in Paris from May 19 to May 21. During the event, the company introduced several new features which will be available in limited availability. Needham mentioned that the platform uses conversational, multimodal, and agentic artificial intelligence thereby enabling it to provide automation and more visibility into network performance. The platform is expected to be rolled out completely by the fiscal third quarter of 2025 and is expected to boost company's margins for fiscal 2026. Extreme Networks, Inc. (NASDAQ:EXTR) is a technology company that provides cloud-based networking solutions, including wired and wireless infrastructure SD-WAN, and network management software. While we acknowledge the potential of EXTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EXTR and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None.
Yahoo
28-05-2025
- Business
- Yahoo
Needham Reiterates Buy Rating on Extreme Networks (EXTR) After Extreme Connect Event
On May 27, Needham reiterated its Buy rating on Extreme Networks, Inc. (NASDAQ:EXTR) and kept the price target the same at $20. The update comes after the company's Extreme Connect Event in Paris. A customer service person helping a client with a complex network issue, illustrating the customer support of the communication equipment company. The firm highlighted the company is moving closer to its full rollout of Platform ONE which combines artificial intelligence, networking, and security in a single system. Extreme Networks, Inc. (NASDAQ:EXTR) held its Extreme Connect Event in Paris from May 19 to May 21. During the event, the company introduced several new features which will be available in limited availability. Needham mentioned that the platform uses conversational, multimodal, and agentic artificial intelligence thereby enabling it to provide automation and more visibility into network performance. The platform is expected to be rolled out completely by the fiscal third quarter of 2025 and is expected to boost company's margins for fiscal 2026. Extreme Networks, Inc. (NASDAQ:EXTR) is a technology company that provides cloud-based networking solutions, including wired and wireless infrastructure SD-WAN, and network management software. While we acknowledge the potential of EXTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EXTR and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-04-2025
- Business
- Yahoo
Extreme Networks: Fiscal Q3 Earnings Snapshot
MORRISVILLE, N.C. (AP) — MORRISVILLE, N.C. (AP) — Extreme Networks Inc. (EXTR) on Wednesday reported net income of $3.5 million in its fiscal third quarter. On a per-share basis, the Morrisville, North Carolina-based company said it had net income of 3 cents. Earnings, adjusted for one-time gains and costs, came to 21 cents per share. The maker of network infrastructure equipment posted revenue of $284.5 million in the period. For the current quarter ending in June, Extreme Networks expects its per-share earnings to range from 21 cents to 25 cents. The company said it expects revenue in the range of $295 million to $305 million for the fiscal fourth quarter. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on EXTR at
