Extreme Networks Inc (NASDAQ: EXTR) suffers from significant negative changes in fundamentals: the consensus estimate for June, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for June, 2025 decreased significantly.
Recent notable negative changes in investment behavior have affected Extreme Networks Inc (NASDAQ: EXTR): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
EXTR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Extreme Networks has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Extreme Networks has a neutral Appreciation Score of 56 but a very low Power Rating of 0, and the Lowest Value Trend Rating results.
Recent Price Action
On 5/3/24, Extreme Networks Inc (NASDAQ: EXTR) stock declined modestly by -1.9%, closing at $11.20. Moreover, exceptionally high trading volume at 234% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -1.1% during the last week.
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