Extreme Networks Inc (NASDAQ:EXTR) Currently -62.77% Below Its 52-Week High, But There May Be A Surprise Downside

In last trading session, Extreme Networks Inc (NASDAQ:EXTR) saw 1.18 million shares changing hands with its beta currently measuring 1.70. Company’s recent per share price level of $11.82 trading at $0.41 or 3.59% at ring of the bell on the day assigns it a market valuation of $1.57B. That closing price of EXTR’s stock is at a discount of -62.77% from its 52-week high price of $19.24 and is indicating a premium of 14.55% from its 52-week low price of $10.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.53 million shares which gives us an average trading volume of 1.28 million if we extend that period to 3-months.

For Extreme Networks Inc (EXTR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.86. Splitting up the data highlights that, out of 6 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.18 in the current quarter.

Extreme Networks Inc (NASDAQ:EXTR) trade information

Upright in the green during last session for gaining 3.59%, in the last five days EXTR remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $11.82 price level, adding 3.43% to its value on the day. Extreme Networks Inc’s shares saw a change of -29.39% in year-to-date performance and have moved 0.60% in past 5-day. Extreme Networks Inc (NASDAQ:EXTR) showed a performance of -22.69% in past 30-days. Number of shares sold short was 5.94 million shares which calculate 5.01 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 21 to the stock, which implies a rise of 43.71% to its current value. Analysts have been projecting 21 as a low price target for the stock while placing it at a high target of 21. It follows that stock’s current price would drop -77.66% in reaching the projected high whereas dropping to the targeted low would mean a loss of -77.66% for stock’s current value.

Extreme Networks Inc (EXTR) estimates and forecasts

This year revenue growth is estimated to rise 1.01% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 280.32M for the same. And 7 analysts are in estimates of company making revenue of 299.44M in the next quarter. Company posted 211.04M and 256.65M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -24.85% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 33.49% while estimates for its earnings growth in next 5 years are of 29.06%.

Extreme Networks Inc (NASDAQ:EXTR)’s Major holders

Insiders are in possession of 2.92% of company’s total shares while institution are holding 92.75 percent of that, with stock having share float percentage of 95.54%. Investors also watch the number of corporate investors in a company very closely, which is 92.75% institutions for Extreme Networks Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at EXTR for having 18.0 million shares of worth $242.08 million. And as of 2024-06-30, it was holding 13.8349 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 16.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 12.6158 of outstanding shares, having a total worth of $220.75 million.

On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 5.92 shares of worth $69.97 million or 4.46% of the total outstanding shares. The later fund manager was in possession of 3.82 shares on Dec 31, 2024 , making its stake of worth around $45.15 million in the company or a holder of 2.88% of company’s stock.