Extreme NetworksEXTR
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
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
64% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 28
24% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 83
12% more capital invested
Capital invested by funds: $1.8B [Q3] → $2.01B (+$209M) [Q4]
5% more funds holding
Funds holding: 256 [Q3] → 268 (+12) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
7% less call options, than puts
Call options by funds: $5.67M | Put options by funds: $6.1M
1.0% less ownership
Funds ownership: 91.68% [Q3] → 90.68% (-1.0%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Rosenblatt Mike Genovese 68% 1-year accuracy 27 / 40 met price target | 49%upside $22 | Buy Maintained | 7 Feb 2025 |
Lake Street Eric Martinuzzi 41% 1-year accuracy 12 / 29 met price target | 8%upside $16 | Hold Maintained | 30 Jan 2025 |
Needham Ryan Koontz 50% 1-year accuracy 53 / 107 met price target | 35%upside $20 | Buy Reiterated | 30 Jan 2025 |
Financial journalist opinion
Based on 15 articles about EXTR published over the past 30 days









