EXTR
Extreme NetworksBNasdaq / Technology Hardware & Equipment
Last Price
At close
2026-06-03
Current thesis
The earnings release materially improved near-term optics: revenue grew 11% YoY, non-GAAP EPS was $0.26, gross margin held, SaaS ARR accelerated, and management guided to another step up in Q4 and reaffirmed confidence with a $50M accelerated share repurchase [#8-K-2026-04-29]. Trusted same-day coverage also indicated the quarter beat consensus on both EPS and revenue.
Posture
Constructive
Lead driver
Momentum
What changed
3 setup hits (3d) with net bullish as of 2026-06-01.
What can break
Free cash flow fell to $7.8M from $24.2M a year earlier, limiting how aggressively the market should extrapolate the earnings beat [#8-K-2026-04-29].
Momentum
94
Value
51
Sentiment
32
Setup hits (3d)
3 · Net Bullish
AI TargetsBase $20.50 · Bull $24.50 · Bear $16.50
Data freshness
Prices
As of 2026-06-03
Fundamentals
As of 2026-05-29 • Vendor: Data Vendor v1
Scores
As of 2026-06-03 • Model: HYBRID_IC_RP
AI Memo
As of 2026-04-29 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-03
Investment thesis
As of 2026-06-03
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $23.38
Why
Momentum94 · Δ7d +9.2
Value51 · Δ7d -0.3
Sentiment32 · Δ7d -5.6
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
94
34% active weight
Current posture
7d trendImproving
Δ7d
+9.2
Δ21d
+3.9
Value
51
32% active weight
Current posture
7d trendFlat
Δ7d
-0.3
Δ21d
-1.5
Sentiment
32
33% active weight
Current posture
7d trendSoftening
Δ7d
-5.6
Δ21d
-14.1
Why this grade
Composite grade B. Momentum 93.9 / Value 50.6 / Sentiment 31.9
Fundamentals (TTM)As of 2026-05-29
Fundamentals (TTM)
As of 2026-05-29
Market Cap
$3.47B
Beta
1.68
Shares Out
133.72M
P/E (TTM)
262.1
P/S (TTM)
1.89
P/FCF (TTM)
23.49
Rev YoY
+15.2%
EPS YoY
+151.9%
Gross Margin
+61.6%
Op Margin
+2.8%
Net Debt
-$53.75M
Current Ratio
0.91
As of 2026-06-03 • Updated nightlySource: Internal modelMethodology