Alert: Negative Investment/Fundamental Signals (11/7/23)-Extreme Networks Inc (NASDAQ: EXTR)


Extreme Networks Inc (NASDAQ: EXTR). Extremely significant negative changes in investment behavior have recently occurred: its longer term price trend turned down, and negative upside/downside volume developed.

Significant negative changes in Extreme Networks Inc (NASDAQ: EXTR) fundamentals have recently occurred: the consensus estimate for June, 2024 decreased significantly, and the consensus estimate for June, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, EXTR is expected to continue to be a major Value Builder.

Extreme Networks has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Extreme Networks has a very high Power Rating of 85 and a very high Appreciation Score of 89, triggering the Highest Value Trend Rating.

Recent Price Action

On 11/7/23, Extreme Networks Inc (NASDAQ: EXTR) stock declined slightly by -0.2%, closing at $16.95. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -14.5% during the last week.

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