Overview Dividends

(EXTR) Extreme Networks - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US30226D1063

Switch, Router, Access Point, Firewall

EXTR EPS (Earnings per Share)

EPS Growth (3Y CAGR): -30.57%
EPS Trend (3Y Correlation): -62.3%

EXTR Revenue

Revenue Growth (3Y CAGR): 1.13%
Revenue Trend (3Y Correlation): -39.9%

Description: EXTR Extreme Networks August 09, 2025

Extreme Networks Inc (NASDAQ:EXTR) is a US-based company operating in the Communications Equipment sub-industry. The companys market capitalization stands at approximately $2.35 billion, indicating a mid-cap status.

Analyzing the companys valuation, the forward Price-to-Earnings ratio is around 18.52, suggesting that investors have certain growth expectations. However, the Return on Equity (RoE) is negative at -13.50%, indicating that the company has not been generating profits for its shareholders in the recent past.

To further understand the companys performance, key drivers such as revenue growth, operating margins, and cash flow generation should be examined. The companys ability to manage its tax expenses, as hinted at by the yearly Income Tax Expense data, could be a crucial factor in its profitability. A lower effective tax rate could lead to higher net income, positively impacting the stocks performance.

From a technical standpoint, the stocks price movement indicates a potential uptrend, with the short-term (20-day) and long-term (50-day and 200-day) Simple Moving Averages (SMAs) suggesting a bullish crossover. The Average True Range (ATR) is relatively low at 0.52, indicating moderate volatility. The stocks beta of 1.752 suggests that it is more volatile than the overall market.

To make an informed investment decision, it is essential to monitor key performance indicators (KPIs) such as revenue growth rate, gross margin expansion, and operating cash flow. Additionally, keeping track of industry trends, competitor activity, and macroeconomic factors that influence the Communications Equipment sector will be crucial in assessing Extreme Networks future prospects.

EXTR Stock Overview

Market Cap in USD	2,692m
Sub-Industry	Communications Equipment
IPO / Inception	1999-04-09

EXTR Stock Ratings

Growth Rating	49.9%
Fundamental	40.8%
Dividend Rating	-
Return 12m vs S&P 500	22.2%
Analyst Rating	4.0 of 5

EXTR Dividends

Currently no dividends paid

EXTR Growth Ratios

Growth Correlation 3m	33.2%
Growth Correlation 12m	58%
Growth Correlation 5y	61.4%
CAGR 5y	8.56%
CAGR/Max DD 3y (Calmar Ratio)	0.13
CAGR/Mean DD 3y (Pain Ratio)	0.22
Sharpe Ratio 12m	0.45
Alpha	16.25
Beta	1.812
Volatility	41.06%
Current Volume	911.8k
Average Volume 20d	1407.4k
Stop Loss	20.3 (-4%)
Signal	0.68

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (-7.47m TTM) > 0 and > 6% of Revenue (6% = 68.4m TTM)

FCFTA 0.12 (>2.0%) and ΔFCFTA 8.42pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -4.61% (prev -4.53%; Δ -0.08pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.14 (>3.0%) and CFO 163.1m > Net Income -7.47m (YES >=105%, WARN >=100%)

Net Debt (-8.30m) to EBITDA (49.3m) ratio: -0.17 <= 3.0 (WARN <= 3.5)

Current Ratio 0.91 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (132.8m) change vs 12m ago 2.09% (target <= -2.0% for YES)

Gross Margin 62.20% (prev 56.12%; Δ 6.08pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 103.8% (prev 107.2%; Δ -3.32pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.35 (EBITDA TTM 49.3m / Interest Expense TTM 57.9m) >= 6 (WARN >= 3)

Altman Z'' -3.78

(A) -0.05 = (Total Current Assets 535.3m - Total Current Liabilities 587.9m) / Total Assets 1.15b

(B) -0.82 = Retained Earnings (Balance) -949.4m / Total Assets 1.15b

(D) -0.88 = Book Value of Equity -957.4m / Total Liabilities 1.09b

Total Rating: -3.78 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 40.83

1. Piotroski 4.50pt = -0.50

2. FCF Yield 5.16% = 2.58

3. FCF Margin 12.14% = 3.03

4. Debt/Equity 3.41 = -1.35

5. Debt/Ebitda -0.17 = 2.50

6. ROIC - WACC (= -5.66)% = -7.08

7. RoE -13.50% = -2.25

8. Rev. Trend -39.88% = -2.99

9. EPS Trend -62.31% = -3.12

What is the price of EXTR shares?

As of October 24, 2025, the stock is trading at USD 21.14 with a total of 911,815 shares traded.
Over the past week, the price has changed by +1.54%, over one month by -3.29%, over three months by +18.37% and over the past year by +43.71%.

Is Extreme Networks a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Extreme Networks (NASDAQ:EXTR) is currently (October 2025) a stock to sell. It has a ValueRay Fundamental Rating of 40.83 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of EXTR is around 20.13 USD . This means that EXTR is currently overvalued and has a potential downside of -4.78%.

Is EXTR a buy, sell or hold?

Extreme Networks has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy EXTR.

Strong Buy: 3
Buy: 1
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the EXTR price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	23.8	12.7%
Analysts Target Price	23.8	12.7%
ValueRay Target Price	23.1	9.3%

EXTR Fundamental Data Overview October 20, 2025

Market Cap USD = 2.69b (2.69b USD * 1.0 USD.USD)
P/E Forward = 20.8768
P/S = 2.3611
P/B = 41.6543
P/EG = 1.1599
Beta = 1.812
Revenue TTM = 1.14b USD
EBIT TTM = 20.2m USD
EBITDA TTM = 49.3m USD
Long Term Debt = 163.7m USD (from longTermDebt, last quarter)
Short Term Debt = 37.2m USD (from shortTermDebt, last quarter)
Debt = 223.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -8.30m USD (from netDebt column, last quarter)
Enterprise Value = 2.68b USD (2.69b + Debt 223.4m - CCE 231.7m)
Interest Coverage Ratio = 0.35 (Ebit TTM 20.2m / Interest Expense TTM 57.9m)
FCF Yield = 5.16% (FCF TTM 138.4m / Enterprise Value 2.68b)
FCF Margin = 12.14% (FCF TTM 138.4m / Revenue TTM 1.14b)
Net Margin = -0.65% (Net Income TTM -7.47m / Revenue TTM 1.14b)
Gross Margin = 62.20% ((Revenue TTM 1.14b - Cost of Revenue TTM 430.9m) / Revenue TTM)
Gross Margin QoQ = 61.59% (prev 61.65%)
Tobins Q-Ratio = 2.33 (Enterprise Value 2.68b / Total Assets 1.15b)
Interest Expense / Debt = 12.68% (Interest Expense 28.3m / Debt 223.4m)
Taxrate = -101.8% (out of range, set to none) (3.94m / -3.87m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 0.91 (Total Current Assets 535.3m / Total Current Liabilities 587.9m)
Debt / Equity = 3.41 (Debt 223.4m / totalStockholderEquity, last quarter 65.6m)
Debt / EBITDA = -0.17 (Net Debt -8.30m / EBITDA 49.3m)
Debt / FCF = -0.06 (Net Debt -8.30m / FCF TTM 138.4m)
Total Stockholder Equity = 55.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.65% (Net Income -7.47m / Total Assets 1.15b)
RoE = -13.50% (Net Income TTM -7.47m / Total Stockholder Equity 55.3m)
RoCE = 9.22% (EBIT 20.2m / Capital Employed (Equity 55.3m + L.T.Debt 163.7m))
RoIC = 6.06% (EBIT 20.2m / (Assets 1.15b - Curr.Liab 587.9m - Cash 231.7m))
WACC = 11.72% (E(2.69b)/V(2.92b) * Re(12.69%) + (debt cost/tax rate unavailable))
Discount Rate = 12.69% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.49%
[DCF Debug] Terminal Value 64.54% ; FCFE base≈98.0m ; Y1≈104.7m ; Y5≈126.9m
Fair Price DCF = 8.61 (DCF Value 1.15b / Shares Outstanding 133.7m; 5y FCF grow 7.69% → 3.0% )
EPS Correlation: -62.31 | EPS CAGR: -30.57% | SUE: -0.65 | # QB: 0
Revenue Correlation: -39.88 | Revenue CAGR: 1.13% | SUE: 1.15 | # QB: 1

Additional Sources for EXTR Stock

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Fund Manager Positions: Dataroma | Stockcircle