+Compare
EXTR
Stock ticker:
NASDAQ
AS OF
Jun 28 closing price
Price
$9.31
Change
-$0.19 (-2.00%)
Capitalization
1.22B

EXTR Price Prediction, Extreme Networks AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jun 28, 2022

EXTR's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for EXTR turned positive on June 24, 2022. Looking at past instances where EXTR's MACD turned positive, the stock continued to rise in 35 of 42 cases over the following month. The odds of a continued upward trend are 83%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 27, 2022. You may want to consider a long position or call options on EXTR as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EXTR advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .

EXTR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EXTR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for EXTR entered a downward trend on June 24, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. EXTR’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (12.270) is normal, around the industry mean (6.370). P/E Ratio (24.510) is within average values for comparable stocks, (50.148). EXTR's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.476). EXTR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.035). P/S Ratio (1.135) is also within normal values, averaging (68.920).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. EXTR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock worse than average.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

EXTR is expected to report earnings to rise 3.86% to 21 cents per share on August 03

Extreme Networks EXTR Stock Earnings Reports
Q2'22
Est.
$0.22
Q1'22
Beat
by $0.03
Q4'21
Beat
by $0.04
Q3'21
Beat
by $0.05
Q2'21
Beat
by $0.02
The last earnings report on April 27 showed earnings per share of 20 cents, beating the estimate of 18 cents. With 1.06M shares outstanding, the current market capitalization sits at 1.22B.
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Cisco Systems (NASDAQ:CSCO), Nokia Corp (NYSE:NOK), Ericsson (NASDAQ:ERIC), Hewlett Packard Enterprise Company (NYSE:HPE), Juniper Networks (NYSE:JNPR), Ciena Corp (NYSE:CIEN), Lumentum Holdings (NASDAQ:LITE), Maxar Technologies (NYSE:MAXR), CommScope Holding Company (NASDAQ:COMM), Casa Systems (NASDAQ:CASA).

Industry description

The Telecommunications Equipment industry produces voice and data communications equipment, which includes fiber optic delivery products, digital signal processors, high-speed voice, data and video delivery. Additionally, satellite systems, global positioning systems, wireless data systems, personal communications equipment, telephone handsets and payload equipment for satellites also fall into this category. Apple Inc., QUALCOMM Incorporated and Nokia are major global players in this segment.

Market Cap

The average market capitalization across the Telecommunications Equipment Industry is 3.86B. The market cap for tickers in the group ranges from 22.4K to 178.31B. CSCO holds the highest valuation in this group at 178.31B. The lowest valued company is DIRV at 22.4K.

High and low price notable news

The average weekly price growth across all stocks in the Telecommunications Equipment Industry was 1%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -19%. CYSNF experienced the highest price growth at 46%, while ATCLF experienced the biggest fall at -69%.

Volume

The average weekly volume growth across all stocks in the Telecommunications Equipment Industry was -49%. For the same stocks of the Industry, the average monthly volume growth was -40% and the average quarterly volume growth was -12%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 51
P/E Growth Rating: 59
Price Growth Rating: 59
SMR Rating: 44
Profit Risk Rating: 86
Seasonality Score: 7 (-100 ... +100)
AI

View a ticker or compare two or three

AI
A.I. Advisor
published General Information

General Information

a provider of network infrastructure equipment and services

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Computer Communications
Address
6480 Via Del Oro
Phone
+1 408 579-2800
Employees
2584
Web
https://www.extremenetworks.com

Interesting Tickers

1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
TOCQX39.27N/A
N/A
Tocqueville
WSCGX35.66N/A
N/A
Allspring Small Company Growth Inst
CDOYX36.93N/A
N/A
Columbia Dividend Opportunity Inst3
PEQSX28.38N/A
N/A
Putnam Large Cap Value R6
NBRRX23.03N/A
N/A
Neuberger Berman M/C Intrinsic Val R3

EXTR and

Correlation & Price change

A.I.dvisor indicates that over the last year, EXTR has been loosely correlated with CIEN. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if EXTR jumps, then CIEN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EXTR
1D Price
Change %
EXTR100%
-2.00%
CIEN - EXTR
62%
Loosely correlated
-1.54%
VIAV - EXTR
61%
Loosely correlated
-2.42%
ZBRA - EXTR
59%
Loosely correlated
-2.46%
JNPR - EXTR
58%
Loosely correlated
-1.78%
MSI - EXTR
56%
Loosely correlated
-3.15%
More