Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops software for network management, policy, analytics, security, and access controls. The company offers ExtremeCloud IQ, an ML/AI powered, wired, and wireless cloud network management solution that offers advanced visibility and control over users, devices, and applications; ExtremeCloud IQ Â Site Engine that provides task automation, access control, granular visibility with real-time analytics and multi-vendor device management; and ExtremeCloud IQ Essentials offers WIPS, location services, IoT, and guest management services. It also provides wireless access point products; ExtremeSwitching portfolio that includes access edge products that offer physical presentations along with options to deliver Ethernet or convergence-friendly Power-over-Ethernet (POE), including high-power universal POE; aggregation/core switches designed to address aggregation, top-of-rack, and campus core environments; and data center switches and routers. In addition, the company offers cloud native platforms and applications for service providers; and customer support and services. It markets and sells its products through distributors, resellers, and field sales organizations to healthcare, education, government, manufacturing, retail, and hospitality markets. Extreme Networks, Inc. was incorporated in 1996 and is headquartered in Morrisville, North Carolina.
IPO Year: 1999
Exchange: NASDAQ
Website: extremenetworks.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/16/2024 | $14.00 | Hold → Buy | Craig Hallum |
| 5/2/2024 | $15.00 → $17.00 | Neutral → Buy | Rosenblatt |
| 4/15/2024 | $14.00 | Neutral → Buy | B. Riley Securities |
| 2/1/2024 | $19.00 → $15.00 | Buy → Neutral | Rosenblatt |
| 2/1/2024 | $22.00 → $14.00 | Buy → Neutral | UBS |
| 11/1/2023 | Buy → Hold | Lake Street | |
| 11/1/2023 | Outperform → Perform | Oppenheimer | |
| 9/22/2023 | $30.00 | Buy | UBS |
| 8/3/2023 | $25.00 → $30.00 | Buy → Neutral | B. Riley Securities |
| 6/28/2023 | $35.00 | Outperform | Oppenheimer |
Extreme broadens reach across league, helps boost fan experiences, unlock actionable insights and improve operational efficiency Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced that it has deepened its partnership with the NHL as the league continues to prioritize improving fan experiences through technology and leveraging fan data. As a result, several NHL clubs, including the Anaheim Ducks, Calgary Flames, Columbus Blue Jackets and Nashville Predators, have deployed Extreme solutions to enhance in-arena Wi-Fi connectivity, deliver immersive fan experiences and create a backbone for a host of new digital services. Extreme's proven expertise in designin
Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced its investor conference schedule for November and December 2024: Oppenheimer AI Impact on Cloud and Communications Summit Kevin Rhodes, EVP & CFO Virtual Friday, November 15, 2024 Conducting meetings throughout the day. 18th Annual Needham Security, Networking, & Communications Conference Kevin Rhodes, EVP & CFO Virtual Tuesday, November 19, 2024 Conducting meetings throughout the day. UBS Global Technology Conference Cristina Tate, SVP Financial Planning and Analysis Scottdale, AZ Wednesday, December 4, 2024 Conducting meetings throughout the day. Raymond James TMT & Consumer Conference Ed Meyerc
Beats Revenue and EPS Guidance Sequential Revenue Growth Drives Margin Improvement and Cash Flow Extreme Networks, Inc. ("Extreme") (NASDAQ:EXTR) today released financial results for its first quarter ended September 30, 2024. "Our first quarter results highlight the early stages of market recovery and upside from projects that closed earlier than anticipated. Extreme's differentiated enterprise networking solutions continue to resonate with customers and drive competitive wins. The strength of our cloud management platform, enhanced with our advanced AI tools, is evidenced by growth in SaaS ARR, which is up 23 percent year over year. The combination of our cloud, with our truly unique e
Easy application discovery, policy evaluation and troubleshooting further simplify management for IT and help ensure frictionless user experiences Extreme Networks™, Inc. (NASDAQ:EXTR) today introduced new features within ExtremeCloud™ Universal Zero Trust Network Access (ZTNA), the industry's simplest and most complete identity-based network access solution. Universal ZTNA unifies cloud Network Access Control and ZTNA in a single, easy-to-use SaaS offering, with one zero trust policy engine for both networks and applications to ensure consistent security, unified observability and a seamless experience when remote or on-site. Integrated with ExtremeCloud IQ, the solution simplifies workfl
Survey of 200 CIOs and Senior IT professionals finds majority of respondents desire a single integrated platform for networking, AI and security to improve productivity, streamline investments and ensure protection against evolving cyber threats A new research report released from Extreme Networks™, Inc. (NASDAQ:EXTR), titled "CIO Insights Report: Priorities and Investment Plans in the Era of Platformization," found that while AI has captured the attention of the technology industry, the majority of CIOs and senior IT leaders are primarily focused on the convergence of networking and security. The survey, fielded in July and August 2024, polled 200 CIOs and senior IT leaders across a vari
Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced plans to release financial results for its first fiscal quarter 2025, ended September 30, 2024. The company will announce before market open on Wednesday, October 30, 2024, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, October 30, 2024 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetworks.com/ Dial in/ webcast: To access the call by phone or webcast, please go to this link (Registration Link) and you will be provided with dial-in details. To avoid delays, we encourage participants to dial int
David Nuti joins Extreme Networks as Head of Security Sales to help drive Extreme's leadership in the convergence of networking, security and AI Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced the strategic hire of seasoned security executive David Nuti as Head of Security Sales. Nuti's extensive expertise in leading sales and business development at top security companies will enhance and accelerate Extreme's expanding security initiatives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241002953223/en/David Nuti, Head of Security Sales, Extreme Networks (Photo: Business Wire) A recognized ex
Lambeau Field, NRG Stadium, U.S. Bank Stadium and Los Angeles Chargers Practice Facility among new venues leveraging Wi-Fi 6E and Business Insights from Extreme Extreme Kicks Off 12th Season as Official Wi-Fi Solutions and Wi-Fi Analytics Provider of the NFL Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced that several NFL Clubs, including the Chargers, Packers, Texans and Vikings, are deploying a variety of innovative solutions from Extreme to dramatically enhance fan experiences, improve operational efficiency and ensure reliable, high-speed Wi-Fi connectivity for seamless game-day activities. Today, 27 NFL teams are leveraging Extreme solutions such
Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced its investor conference schedule for August and September 2024: Oppenheimer's 27th Annual Technology, Internet & Communications Conference Kevin Rhodes, EVP & CFO Virtual Monday, August 12, 2024 9:55 a.m. ET presentation (presentation link) and conducting meetings throughout the day. 2024 Evercore ISI Semiconductor, IT Hardware & Networking Conference Kevin Rhodes, EVP & CFO Chicago, IL Tuesday, August 27, 2024 Conducting meetings throughout the day. Jefferies Semiconductor, IT Hardware & Communications Technology Conference Kevin Rhodes, EVP & CFO Chicago, IL Wednesday, August 28, 2024 Conducti
Anfield deploys Wi-Fi to help drive more engaging digital fan experiences and streamline stadium operations Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced that it has completed the deployment of a high-speed Wi-Fi network at Anfield, home of Liverpool Football Club (LFC). Verizon Business is Extreme's deployment partner for the project. The new Wi-Fi network at Anfield will elevate LFC fan experiences while helping to dramatically streamline operations throughout the historic stadium, providing seamless connectivity for the hundreds of thousands of fans who come through the turnstiles each year. Using ExtremeCloud™ IQ, LFC can now easily monitor and
4 - EXTREME NETWORKS INC (0001078271) (Issuer)
4 - EXTREME NETWORKS INC (0001078271) (Issuer)
4 - EXTREME NETWORKS INC (0001078271) (Issuer)
4 - EXTREME NETWORKS INC (0001078271) (Issuer)
4 - EXTREME NETWORKS INC (0001078271) (Issuer)
4 - EXTREME NETWORKS INC (0001078271) (Issuer)
4 - EXTREME NETWORKS INC (0001078271) (Issuer)
4 - EXTREME NETWORKS INC (0001078271) (Issuer)
4 - EXTREME NETWORKS INC (0001078271) (Issuer)
4 - EXTREME NETWORKS INC (0001078271) (Issuer)
Beats Revenue and EPS Guidance Sequential Revenue Growth Drives Margin Improvement and Cash Flow Extreme Networks, Inc. ("Extreme") (NASDAQ:EXTR) today released financial results for its first quarter ended September 30, 2024. "Our first quarter results highlight the early stages of market recovery and upside from projects that closed earlier than anticipated. Extreme's differentiated enterprise networking solutions continue to resonate with customers and drive competitive wins. The strength of our cloud management platform, enhanced with our advanced AI tools, is evidenced by growth in SaaS ARR, which is up 23 percent year over year. The combination of our cloud, with our truly unique e
Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced plans to release financial results for its first fiscal quarter 2025, ended September 30, 2024. The company will announce before market open on Wednesday, October 30, 2024, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, October 30, 2024 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetworks.com/ Dial in/ webcast: To access the call by phone or webcast, please go to this link (Registration Link) and you will be provided with dial-in details. To avoid delays, we encourage participants to dial int
Revenue Growth in-line With Previous Outlook With 29% Year-over-Year Growth in SaaS ARR Extreme Networks, Inc. ("Extreme") (NASDAQ:EXTR) today released financial results for its fourth quarter and fiscal year ended June 30, 2024. "We're pleased to see strengthening global demand and to have moved past the historic challenges of the multi-year supply chain constraints. We successfully completed our initiatives to eliminate channel and inventory headwinds. Entering fiscal 2025, we have a significant growth opportunity based on the rapid convergence of cloud networking, generative AI and security. Our unique value proposition continues to resonate with enterprise customers and channel part
Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced plans to release financial results for its fourth fiscal quarter and fiscal year end, ended June 30, 2024. The company will announce before market open on Wednesday, August 7, 2024, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, August 7, 2024 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetworks.com/ Dial in/webcast: To access the call by phone or webcast, please go to this link (Registration Link) and you will be provided with dial-in details. To avoid delays, we encourage partici
Financial Results in-line With Previous Outlook 38% Growth in SaaS ARR Extreme Networks, Inc. ("Extreme") (NASDAQ:EXTR) today released financial results for its third quarter ended March 31, 2024. "Extreme's focus on the intersection of networking, security, and AI is creating a compelling value proposition that's resonating with customers and driving significant traction in our business. Net new logos grew double-digits this quarter, particularly in the Americas. Our SaaS ARR grew again by 38%, as we continue to deliver on our promise of creating flexibility and simplicity with One Network, One Cloud. Our competitive positioning in the market has never been stronger, as we believe ke
Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced plans to release financial results for its third fiscal quarter, ended March 31, 2024. The company will announce before market open on Wednesday, May 1, 2024, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, May 1, 2024 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetworks.com/ Dial in: To access the call by phone/webcast, please go to this link (Registration Link) and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference
Financial Results In-line With Previously Revised Second Quarter Outlook Extreme Networks, Inc. ("Extreme") (NASDAQ:EXTR) today released financial results for its second quarter ended December 31, 2023. "The integration of AI, security and analytics into a single platform is a key differentiator for Extreme and helped drive 37% subscription ARR growth in the quarter. We enhance network security, visibility and performance through our AIOps and machine learning capabilities and Zero Trust security posture. With our One Network, One Cloud strategy, we make networking simple and flexible and help customers drive meaningful impact across their organizations. Meanwhile competitors in our spa
Announces Earnings Reporting Date Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced a business update on the financial results for its second quarter ended December 31, 2023. The company will report its full second fiscal quarter earnings results on January 31, 2024. Second quarter revenues are now expected to be approximately $294 to $297 million, compared to the prior outlook of $312 to $327 million. The company expects annualized subscription and support revenue to be approximately $430 million, led by 41% year over year subscription growth, accelerating from 32% growth in Q1. The company expects recurring revenue to account for 33% of total revenue.
Revenue Growth of 19% and Operating Leverage Doubles GAAP EPS Cloud Adoption Drives 30% Growth in SaaS ARR Extreme Networks, Inc. ("Extreme") (NASDAQ:EXTR) today released financial results for its first quarter ended September 30, 2023. "Extreme delivered another quarter of double-digit growth as we continued to increase both market and mindshare with new customers, while expanding our presence within our existing base," said Ed Meyercord, President and Chief Executive Officer. "Our funnel of new opportunities continued to grow double-digits and the value of deals over $1 million once again grew from the prior quarter. Our highly differentiated cloud solutions deliver simplicity, flex
Extreme Networks, Inc. (NASDAQ:EXTR), a leader in cloud networking, today announced plans to release financial results for its first fiscal quarter, ended September 30, 2023. The company will announce before market open on Wednesday, November 1, 2023, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, November 1 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetworks.com/ Dial in: To access the call by phone, please go to this link (Registration Link) and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conferen
SC 13G/A - EXTREME NETWORKS INC (0001078271) (Subject)
SC 13G/A - EXTREME NETWORKS INC (0001078271) (Subject)
SC 13G/A - EXTREME NETWORKS INC (0001078271) (Subject)
SC 13G/A - EXTREME NETWORKS INC (0001078271) (Subject)
SC 13G/A - EXTREME NETWORKS INC (0001078271) (Subject)
SC 13G/A - EXTREME NETWORKS INC (0001078271) (Subject)
SC 13G - EXTREME NETWORKS INC (0001078271) (Subject)
SC 13G/A - EXTREME NETWORKS INC (0001078271) (Subject)
SC 13G/A - EXTREME NETWORKS INC (0001078271) (Subject)
SC 13G/A - EXTREME NETWORKS INC (0001078271) (Subject)
Norman Rice Named Chief Commercial Officer; Streamlines Go-to-Market Team to Drive Long-Term Growth Extreme Networks, Inc. (NASDAQ:EXTR) today announced it has strengthened and realigned its executive team. Norman Rice has been elevated to the role of Chief Commercial Officer. In his new role, Rice will focus on driving revenue growth and leading the company's sales, partner, services and supply chain organizations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240108426952/en/Norman Rice, Chief Commercial Officer, Extreme Networks (Photo: Business Wire) Rice joined the company in 2015 and most recently served as Chief Operat
20+ Year Tech Marketing Veteran to Help Drive Company Through Next Phase of Growth Extreme Networks™, Inc. (NASDAQ:EXTR) today announced that Monica Kumar has been appointed as the company's new Executive Vice President and Chief Marketing Officer (CMO). Kumar brings extensive B2B marketing experience with a history of accelerating growth through compelling product differentiation and impactful, revenue generating go-to-market strategies. Kumar will lead the company's global marketing organization and report to Extreme's President and CEO, Ed Meyercord. Kumar has deep industry and technical knowledge of enterprise cloud computing and a proven track record of simplifying complex product
Craig Hallum upgraded Extreme Networks from Hold to Buy and set a new price target of $14.00
Rosenblatt upgraded Extreme Networks from Neutral to Buy and set a new price target of $17.00 from $15.00 previously
B. Riley Securities upgraded Extreme Networks from Neutral to Buy and set a new price target of $14.00
Rosenblatt downgraded Extreme Networks from Buy to Neutral and set a new price target of $15.00 from $19.00 previously
UBS downgraded Extreme Networks from Buy to Neutral and set a new price target of $14.00 from $22.00 previously
Lake Street downgraded Extreme Networks from Buy to Hold
Oppenheimer downgraded Extreme Networks from Outperform to Perform
UBS initiated coverage of Extreme Networks with a rating of Buy and set a new price target of $30.00
B. Riley Securities downgraded Extreme Networks from Buy to Neutral and set a new price target of $30.00 from $25.00 previously
Oppenheimer initiated coverage of Extreme Networks with a rating of Outperform and set a new price target of $35.00
8-K - EXTREME NETWORKS INC (0001078271) (Filer)
10-Q - EXTREME NETWORKS INC (0001078271) (Filer)
8-K - EXTREME NETWORKS INC (0001078271) (Filer)
DEFA14A - EXTREME NETWORKS INC (0001078271) (Filer)
DEF 14A - EXTREME NETWORKS INC (0001078271) (Filer)
10-K - EXTREME NETWORKS INC (0001078271) (Filer)
8-K - EXTREME NETWORKS INC (0001078271) (Filer)
SD - EXTREME NETWORKS INC (0001078271) (Filer)
10-Q - EXTREME NETWORKS INC (0001078271) (Filer)
8-K - EXTREME NETWORKS INC (0001078271) (Filer)
Gainers Presto Automation (NASDAQ:PRST) shares moved upwards by 33.1% to $0.1 during Wednesday's after-market session. The company's market cap stands at $11.4 million. DatChat (NASDAQ:DATS) shares moved upwards by 21.13% to $1.49. The company's market cap stands at $4.4 million. SMX (Security Matters) (NASDAQ:SMX) shares moved upwards by 14.36% to $0.14. The market value of their outstanding shares is at $5.3 million. Cyngn (NASDAQ:CYN) shares increased by 9.57% to $0.09. The market value of their outstanding shares is at $12.3 million. Arteris (NASDAQ:AIP) stock rose 6.89% to $8.68. The company's market cap stands at $333.9 million. Intrusion (NASDAQ:INTZ) stock rose 5.73% to $1.29.
Gainers SMX (Security Matters) (NASDAQ:SMX) shares rose 45.0% to $0.17 during Tuesday's after-market session. The company's market cap stands at $6.7 million. Presto Automation (NASDAQ:PRST) stock increased by 19.02% to $0.09. The company's market cap stands at $10.2 million. Arteris (NASDAQ:AIP) shares rose 6.89% to $8.68. The company's market cap stands at $333.9 million. CISO Global (NASDAQ:CISO) shares rose 5.44% to $0.75. The market value of their outstanding shares is at $9.1 million. Inuvo (AMEX:INUV) stock increased by 5.35% to $0.25. The company's market cap stands at $35.0 million. Zapata Computing Holdings (NASDAQ:ZPTA) shares increased by 5.03% to $0.66. The market value of
Extreme Networks (NASDAQ:EXTR) has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 0 1 0 0 Last 30D 1 0 0 0 0 1M Ago 2 0 0 0 0 2M Ago 4 0 1 0 0 3M Ago 0 0 0 0 0 Analysts have set 12-month price targets for Extreme Networks, revealing an average target of $15.31, a high estimate of $17.00, and a low estimate of $13.00. Marking an increase of 2.07%, the current average surpass
Needham analyst Alex Henderson reiterates Extreme Networks (NASDAQ:EXTR) with a Buy and maintains $16.5 price target.
Major U.S. equity indexes ended Thursday’s session on a weaker note as investors reconsidered the economic outlook in light of the latest batch of contrasting data. Both the S&P 500 and the Nasdaq 100 fell by 0.2%, closing at 5,297 points and 18,557 points, respectively. The Dow Jones Industrial Average, which surpassed the 40,000 mark during morning trading, closed 0.1% lower at 39,869. Thursday’s economic data revealed a decline in initial jobless claims and higher-than-expected import and export prices, with the latter reigniting some anxiety about inflation. Housing starts and building permits were disappointing, and industrial production stalled. Federal Reserve Bank of Cle
Shares of Fluent Inc (NASDAQ:FLNT) fell sharply during Thursday's session after posting weaker-than-expected quarterly results. Fluent posted adjusted loss of 30 cents per share, versus market expectations for a loss of 10 cents per share. The company's quarterly sales came in at $65.983 million missing estimates of $66.433 million, according to data from Benzinga Pro. Fluent shares dipped 12.6% to $3.47 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Lucy Scientific Discovery Inc. (NASDAQ:LSDI) shares jumped 239% to $1.75. Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) jumped 100% to $0.1196 after jumping around 34% on Wednesday.
Craig-Hallum analyst Christian Schwab upgrades Extreme Networks (NASDAQ:EXTR) from Hold to Buy and raises the price target from $13 to $14.
U.S. stocks were higher, with the Dow Jones gaining over 50 points on Thursday. Shares of Walmart Inc. (NYSE:WMT) rose sharply during Thursday's session following better-than-expected quarterly earnings. The retailer reported that in the first quarter of 2025, the adjusted EPS was 60 cents, beating the consensus of 52 cents. Sales were $161.51 billion, up 6.0% year over year or 5.8% (at constant currency), including a benefit of ~1% from an additional selling day, beating the consensus of $159.50 billion, according to data from Benzinga Pro. Walmart shares surged 6.9% to $63.99 on Thursday. Here are some other big stocks recording gains in today's session. AST SpaceMobile, In
Extreme Networks (NASDAQ:EXTR) underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 0 1 0 0 Last 30D 1 0 0 0 0 1M Ago 4 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Extreme Networks, presenting an average target of $15.33, a high estimate of $17.00, and a low estimate of $13.00. This current average has