Extreme Networks Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 3 out of 53 in the Communications & Networking industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 25.56.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Extreme Networks Inc is 7.35, ranking 28 out of 53 in the Communications & Networking industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 316.87M, representing a year-over-year increase of 11.38%, while its net profit experienced a year-over-year increase of 206.25%.
Key Metrics
The current valuation score of Extreme Networks Inc is 7.53, ranking 33 out of 53 in the Communications & Networking industry. Its current P/E ratio is 197.55, which is 51.26% below the recent high of 298.82 and 304.97% above the recent low of -404.93.
The current earnings forecast score of Extreme Networks Inc is 8.25, ranking 9 out of 53 in the Communications & Networking industry. The average price target is 24.50, with a high of 26.00 and a low of 21.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Extreme Networks Inc is 9.54, ranking 8 out of 53 in the Communications & Networking industry. Currently, the stock price is trading between the resistance level at 26.70 and the support level at 18.88, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Extreme Networks Inc is 10.00, ranking 1 out of 53 in the Communications & Networking industry. The latest institutional shareholding proportion is 95.97%, representing a quarter-over-quarter decrease of 9.13%. The largest institutional shareholder is The Vanguard, holding a total of 13.44M shares, representing 10.28% of shares outstanding, with 25.24% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Communications & Networking domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Extreme Networks Inc is 6.05, ranking 16 out of 53 in the Communications & Networking industry. The company's beta value is 1.77. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
