Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
On Oct. 16, 2026, EXTR is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5172 stocks scored that day.
Extreme Networks Inc is a mid-cap company with a market capitalization of $2.84B. It ranks number 4 by market capitalization among the 16 Computer Communications Equipment issuers in our coverage with a current forecast. Its P/B Ratio of 32.01x is the highest of the 13 peers that report one. Its ROE of 61.6% is the highest of the 11 peers that report one.
For EXTR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -14.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 9.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.0%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, EXTR included.
Follow EXTR free90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Computer Communications Equipment peers listed below that report each metric.
| Metric | EXTR | Rank |
|---|---|---|
| Market Cap | $2.84B | 4/16 |
| P/E Ratio | 70.10x | 2/8 |
| P/B Ratio | 32.01x | 1/13 |
| EPS | $0.31 | – |
| Book Value/Share | $0.68 | – |
| Revenue/Share | $9.84 | – |
| FCF/Share | $0.73 | – |
| Metric | EXTR | Rank |
|---|---|---|
| ROE | 61.6% | 1/11 |
| ROA | 4.6% | 7/12 |
| Gross Margin | 61.5% | 8/14 |
| Operating Margin | 4.8% | 6/15 |
| Net Margin | 4.2% | 7/12 |
| EBT Margin | 3.9% | 6/15 |
| Tax Rate | 18.2% | – |
| Metric | EXTR | Rank |
|---|---|---|
| D/E Ratio | 12.30x | 1/14 |
| Financial Leverage | 13.30x | 1/14 |
| Interest Coverage | 6.0x | 7/13 |
| Metric | EXTR | Rank |
|---|---|---|
| Operating Cash Flow | $123M | 5/15 |
| Free Cash Flow | $95M | 5/8 |
| Capital Spending | -$28M | 5/8 |
| OCF Growth YoY | -19.0% | 7/9 |
| FCF Growth YoY | 0.5% | 4/7 |
| FCF/Sales | 7.4% | 6/8 |
| CapEx/Sales | 2.2% | 6/8 |
| Metric | EXTR | Rank |
|---|---|---|
| Asset Turnover | 1.09x | 3/10 |
| Metric | EXTR | Rank |
|---|---|---|
| Total Revenue | $1.28B | 4/10 |
| Operating Income | $63M | 5/15 |
| Net Income | $55M | 4/12 |
| R&D Expense | $234M | 4/13 |
| SG&A Expense | $666M | 4/14 |
| Cost of Goods Sold | $494M | 4/14 |
| Metric | EXTR | Rank |
|---|---|---|
| Shares Outstanding | 130M | – |
| Net Income Growth | 530.8% | 1/7 |
| Total Liabilities | $1.09B | 92.5% of assets |
Companies classified under the same SEC industry code as Extreme Networks Inc (Computer Communications Equipment): 16 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| EXTR Extreme Networks Inc | ▶ | $2.84B |
| CSCO Cisco Systems, Inc. | ▶ | $423.39B |
| ANET Arista Networks, Inc. | ▲ | $223.21B |
| FFIV F5, Inc. | ▼ | $25.03B |
| DGII Digi International Inc | ▶ | $2.65B |
| ATEN A10 Networks, Inc. | ▲ | $1.78B |
| NTGR Netgear, Inc. | ▶ | $599M |
| ALLT Allot Ltd. | ▶ | $439M |
| LTRX Lantronix Inc | ▲ | $262M |
| SILC Silicom Ltd. | ▲ | $230M |
| BOSC Bos Better Online Solutions Ltd | ▶ | $30M |
| INTZ Intrusion Inc | ▲ | $15M |
| FOXX Foxx Development Holdings Inc. | ▶ | $15M |
| WLDS Wearable Devices Ltd. | ▼ | $3M |
| CIIT Tianci International, Inc. | ▼ | $2M |
| HUBC Hub Cyber Security Ltd. | ▼ | $720K |
Extreme Networks reported Q1 FY25 revenue of $269.2M, up 5% sequentially, with EPS of $0.17 exceeding guidance by $0.05. Gross margin improved to 63.7%. Management guided Q2 revenue of $273M–$283M and ...
Okay. Good morning, everyone. My name is Tomer Zilberman. I cover 2 areas here at the bank. I lead coverage of vertical and back-office application software, which not so relevant for this discussion, ...
Hello. Thank you for joining us, and welcome to the Extreme Networks Q2 Fiscal Year '26 Financial Results. [Operator Instructions] I will now hand the call over to Stan Kovler, Senior Vice President, ...
On Oct. 16, 2026, EXTR is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5172 stocks scored that day.
For EXTR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -14.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 9.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Extreme Networks Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
16 issuers in our coverage, EXTR included, share the SEC industry code Computer Communications Equipment. The largest are: Cisco Systems, Inc. (CSCO), Arista Networks, Inc. (ANET), F5, Inc. (FFIV), Digi International Inc (DGII), A10 Networks, Inc. (ATEN), Netgear, Inc. (NTGR).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.
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