EXTR stock icon

Extreme Networks
EXTR

$13.70
4.71%

Market Cap: $1.79B

 

About: Extreme Networks Inc provides cloud networking solutions and industry services and support. Extreme designs, develops, and manufactures wired, wireless, and software-defined wide area-network (SD- WAN) infrastructure equipment, software and cloud-based network management solutions. The company's cloud solution is a single platform that offers unified network management of wireless access points, switches, and SD-WAN. The company operates in a single segment which develops and markets network infrastructure equipment. Roughly half of the firm's revenue is generated in the Americas, with the rest coming from Europe, the Middle East, Africa, and Asia-Pacific.

Employees: 2,656

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 3 (+2) [Q2]

63% more call options, than puts

Call options by funds: $8.45M | Put options by funds: $5.19M

18% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 82

16% more capital invested

Capital invested by funds: $1.42B [Q1] → $1.65B (+$233M) [Q2]

0.92% less ownership

Funds ownership: 95.31% [Q1] → 94.39% (-0.92%) [Q2]

6% less funds holding

Funds holding: 269 [Q1] → 252 (-17) [Q2]

29% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 58

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$16.50
20%
upside
Avg. target
$16.67
22%
upside
High target
$17
24%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Craig-Hallum
Christian Schwab
37% 1-year accuracy
11 / 30 met price target
24%upside
$17
Buy
Maintained
8 Aug 2024
Needham
Alex Henderson
68% 1-year accuracy
63 / 92 met price target
20%upside
$16.50
Buy
Reiterated
8 Aug 2024
Needham
Alex Henderson
68% 1-year accuracy
63 / 92 met price target
20%upside
$16.50
Buy
Reiterated
10 Jun 2024

Financial journalist opinion

Based on 344 articles about EXTR published over the past 30 days