Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Extreme Networks Inc before investing.

In this article, we go over a few key elements for understanding Extreme Networks Inc’s stock price such as:

• Extreme Networks Inc’s current stock price and volume
• Why Extreme Networks Inc’s stock price changed recently
• Upgrades and downgrades for EXTR from analysts
• EXTR’s stock price momentum as measured by its relative strength

About Extreme Networks Inc (EXTR)

Before we jump into Extreme Networks Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Extreme Networks, Inc. is a provider of cloud networking solutions and industry services and support. The Company designs, develops, and manufactures wired, wireless, and software-defined area-network (SD- WAN) infrastructure equipment. The Company's cloud solution is a single platform that offers unified network management of wireless access points, switches, and SD-WAN. Its products and services categories include Cloud Networking Platform, Automation, Analytics, and Security Applications, Wireless LAN AP, Wired for Edge, Campus, and Data Center, SD-WAN, Cloud Native Platforms and Applications for Service Providers and Customer Service and Support. It offers its services in business, hospitality, retail, transportation and logistics, education, government, healthcare, manufacturing, and service providers. Its cloud networking technologies provide flexibility and scalability in deployment, management, and licensing of networks globally.

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Extreme Networks Inc’s Stock Price as of Market Close

As of April 15, 2024, 4:00 PM, CST, Extreme Networks Inc’s stock price was $11.13.

Extreme Networks Inc is up 4.02% from its previous closing price of $10.70.

During the last market session, Extreme Networks Inc’s stock traded between $10.58 and $10.98. Currently, there are 128.99 million shares of Extreme Networks Inc stock available for purchase.

Extreme Networks Inc’s price-earnings (P/E) ratio is currently at 17.8, which is low compared to the Communications & Networking industry median of 21.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Extreme Networks Inc Stock Price History

Extreme Networks Inc’s (EXTR) price is currently down 3.55% so far this month.

During the month of April, Extreme Networks Inc’s stock price has reached a high of $11.74 and a low of $10.58.

Over the last year, Extreme Networks Inc has hit prices as high as $32.73 and as low as $10.58. Year to date, Extreme Networks Inc’s stock is down 39.21%.

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What Caused Extreme Networks Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 12, 2024, there were 7 analysts who downgraded Extreme Networks Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Extreme Networks Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Extreme Networks Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Extreme Networks Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Extreme Networks Inc (EXTR) by visiting AAII Stock Evaluator.

Relative Price Strength of Extreme Networks Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 12, 2024, Extreme Networks Inc has a weighted four-quarter relative price strength of -19.02%, which translates to a Momentum Score of 18 and is considered to be Very Weak.

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Extreme Networks Inc Stock Price: Bottom Line

As of April 15, 2024, Extreme Networks Inc’s stock price is $11.13, which is up 4.02% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Extreme Networks Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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