In last trading session, Extreme Networks Inc (NASDAQ:EXTR) saw 0.84 million shares changing hands with its beta currently measuring 1.76. Company’s recent per share price level of $16.22 trading at -$0.12 or -0.73% at ring of the bell on the day assigns it a market valuation of $2.16B. That closing price of EXTR’s stock is at a discount of -18.62% from its 52-week high price of $19.24 and is indicating a premium of 37.73% 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 1.5 million shares which gives us an average trading volume of 1.42 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 0.22 in the current quarter.
Extreme Networks Inc (NASDAQ:EXTR) trade information
Upright in the red during last session for losing -0.73%, in the last five days EXTR remained trading in the green while hitting it’s week-highest on Thursday, 05/15/25 when the stock touched $16.22 price level, adding 0.86% to its value on the day. Extreme Networks Inc’s shares saw a change of -3.11% in year-to-date performance and have moved 9.59% in past 5-day. Extreme Networks Inc (NASDAQ:EXTR) showed a performance of 40.43% in past 30-days. Number of shares sold short was 5.47 million shares which calculate 3.04 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 17.5 to the stock, which implies a rise of 7.31% to its current value. Analysts have been projecting 13 as a low price target for the stock while placing it at a high target of 35. It follows that stock’s current price would jump 19.85% in reaching the projected high whereas dropping to the targeted low would mean a gain of 19.85% for stock’s current value.
Extreme Networks Inc (EXTR) estimates and forecasts
This year revenue growth is estimated to rise 1.41% 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 299.88M for the same. And 6 analysts are in estimates of company making revenue of 290.9M in the next quarter. Company posted 256.65M and 269.2M 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 38.30% while estimates for its earnings growth in next 5 years are of 27.21%.
Extreme Networks Inc (NASDAQ:EXTR)’s Major holders
Insiders are in possession of 2.93% of company’s total shares while institution are holding 93.39 percent of that, with stock having share float percentage of 96.21%. Investors also watch the number of corporate investors in a company very closely, which is 93.39% 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 $96.02 million or 4.45% 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 $61.96 million in the company or a holder of 2.87% of company’s stock.