Why Extreme Networks, Inc.’s (EXTR) Stock Is Down 18.71%

By Tudor Pop
August 21, 2026
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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., together with its subsidiaries, develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers ExtremeCloud IQ, a machine learning/AI powered, wired and wireless cloud network management solution that offers visibility and control over users, devices, and applications; ExtremeCloud IQ-Site Engine which extends cloud management to non-cloud native and multi-vendor devices; ExtremeCloud IQ Essentials provides wireless intrusion prevention system, location services, and guest management services; and ExtremeCloud SD-WAN, a software-defined wide area networks solution offered as an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, support and maintenance, and customer success support. The company also provides indoor and outdoor Wi-Fi 7 and prior generation Aps; WIPS solutions; switch products; Cloud Native Platforms and Applications for Service Providers; and ExtremeCloud Universal ZTNA. In addition, the company offers customer and support services, such as support services for end-users, resellers, and distributors; and premier, professional, and education services. It sells its products through original equipment manufacturers, strategic relationships, distributors, resellers, and field sales. The company serves mid-market and enterprise customers, and services providers. Extreme Networks, Inc., was incorporated in 1996 and is headquartered in Morrisville, North Carolina.

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Extreme Networks, Inc.’s Stock Price as of Market Close

As of August 21, 2026, 3:16 PM, CST, Extreme Networks, Inc.’s stock price was $22.940.

Extreme Networks, Inc. is up 2.78% from its previous closing price of $22.320.

During the last market session, Extreme Networks, Inc.’s stock traded between $22.019 and $23.040. Currently, there are approximately 131.18 million shares outstanding for Extreme Networks, Inc..

Extreme Networks, Inc.’s price-earnings (P/E) ratio is currently at 72.0, which is high compared to the Communications Equipment industry median of 33.7. 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 23.89% so far this month.

During the month of August, Extreme Networks, Inc.’s stock price has reached a high of $32.410 and a low of $22.019.

Over the last year, Extreme Networks, Inc. has hit prices as high as $33.730 and as low as $13.475. Year to date, Extreme Networks, Inc.’s stock is up 37.78%.

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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 August 20, 2026, there was 1 analyst 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 F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

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 August 20, 2026, Extreme Networks, Inc. has a weighted four-quarter relative price strength of 0.31%, which translates to a Momentum Score of 52 and is considered to be Average.

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Extreme Networks, Inc. Stock Price: Bottom Line

As of August 21, 2026, Extreme Networks, Inc.’s stock price is $22.940, which is up 2.78% 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.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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