Extreme Networks Stock Fair Value – Analysts Bullish on Extreme Networks (NASDAQ:EXTR) Stock
April 2, 2023
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Analysts have a very positive outlook for Extreme Networks ($NASDAQ:EXTR) Inc. (NASDAQ:EXTR) stock. Extreme Networks Inc. is a leading provider of cloud-driven networking solutions that are designed to meet the needs of companies in various industries. The company’s offerings provide customers with superior network performance, reliability, and scalability, while also enabling users to manage their IT infrastructure remotely and securely. Their products are tailored to enable customers to maximize the value of their IT investments. Analysts have taken note of the company’s strong financial performance, as well as their innovative product offerings. They have identified Extreme Networks as an attractive stock for a variety of reasons, including its potential to provide long-term growth and its strong competitive position in the market.
Furthermore, analysts are bullish on Extreme Networks stock due to the company’s ability to rapidly innovate and develop new solutions that respond to the changing needs of its customers. Finally, analysts are also positive on the company’s prospects for the future. Extreme Networks has made significant investments in research and development and have developed a wide array of new technologies and products that are designed to improve customer experience and drive long-term growth. Their commitment to innovation has enabled them to remain at the forefront of technology and remain competitive in a rapidly changing market. With its strong fundamentals, analysts are confident that Extreme Networks will continue to be a leader in the industry and deliver strong returns for investors in the long-term.
Stock Price
On the day, the stock opened at a price of $18.0 and closed at $17.9, a drop of 0.5% from the previous day’s closing price. Despite this minor decrease, financial analysts have remained confident in the stock, citing future potential for growth. As such, the company’s stock has become an attractive prospect for investors seeking to capitalize on the technological advances of the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Extreme Networks. More…
| Total Revenues | Net Income | Net Margin |
| 1.18k | 48.75 | 4.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Extreme Networks. More…
| Operations | Investing | Financing |
| 186.03 | -15.05 | -140.88 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Extreme Networks. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.06k | 977.61 | 0.65 |
Key Ratios Snapshot
Some of the financial key ratios for Extreme Networks are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.8% | 17.8% | 6.0% |
| FCF Margin | ROE | ROA |
| 14.5% | 45.3% | 4.2% |
Analysis – Extreme Networks Stock Fair Value
At GoodWhale, we have undertaken an analysis of EXTREME NETWORKS to assess its wellbeing. Our proprietary Valuation Line analysis has determined that the fair value of EXTREME NETWORKS shares is around $11.6. However, EXTREME NETWORKS stock is currently trading at $17.9, which is an overvaluation of 54.8%. This suggests that the market may be overvaluing EXTREME NETWORKS at this time. We will continue to monitor EXTREME NETWORKS to ensure that our assessment remains accurate and to provide further analysis. More…
Peers
The company’s products are designed to meet the most demanding networking challenges. Extreme Networks Inc has a strong focus on innovation and customer satisfaction. The company’s products are backed by a team of highly skilled and experienced professionals. Extreme Networks Inc is a publicly traded company on the Nasdaq Stock Market under the ticker symbol EXTR.
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Summary
Analysts have generally been positive on Extreme Networks Inc.’s (NASDAQ:EXTR) stock prospects. Analysts have noted the company’s strong market position in network hardware and software, driven by growing demand in cloud, security and mobility technologies. They have further commented on the company’s success in executing cost cutting efforts that have improved its profitability. Analysts have expressed optimism about the company’s product roadmap and its ability to generate new revenue streams from its portfolio of established and emerging products.
Furthermore, analysts have highlighted the company’s strong balance sheet, relatively low debt levels and cash on hand, which could lead to potential acquisitions or dividend payments in the future. Overall, analysts remain optimistic about Extreme Networks’ stock prospects and view it as a solid investment opportunity.
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