Extreme Networks, Inc. provides wired and wireless network infrastructure equipment, software, and services for enterprises, data centers, and service providers. The company was founded in 1996 and is based in San Jose, California.
EXTR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for EXTR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Extreme Networks Inc ranked in the 29th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Extreme Networks Inc ended up being:
Interest coverage, a measure of earnings relative to interest payments, is -4.07 -- which is good for besting only 15.13% of its peer stocks (US stocks in the Technology sector with positive cash flow).
Extreme Networks Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
TRMB, BLKB, FN, GLOB, and MIME can be thought of as valuation peers to EXTR, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
SAN JOSE, Calif. and READING, United Kingdom, Sept. 28, 2020 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced ŠKODA AUTO has upgraded its network with Extreme's campus networking solutions as a part of its 2025 Strategy which is…
SAN JOSE, Calif., Sept. 9, 2020 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced it has deployed ExtremeCloud™ IQ across 28 locations in 17 countries, realizing the company's goal of transforming Extreme into a fully cloud-managed…
SAN JOSE, Calif., Sept. 3, 2020 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced its annual user conference, Extreme Connect Virtual, will be held September 16-17, 2020. Extreme executives will share the company's strategy for…
SAN JOSE, Calif., Aug. 19, 2020 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced it has formed a Corporate Social Responsibility Council to promote sustainable development, corporate philanthropy, and the empowerment of people– both…