How to Buy Extreme Networks Stock
Extreme Networks Inc
Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops software for network management, policy, analytics, security, and access controls.
Extreme Networks stock last closed at $11.33, up 1.61% from the previous day, and has decreased 28.02% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.15 percentage points. Extreme Networks stock is currently +7.14% from its 52-week low of $10.58, and -65.38% from its 52-week high of $32.73.
There are currently 128.73M EXTR shares outstanding. The market capitalization of EXTR is $1.46B. In the past 24 hours, 1.69M EXTR shares were traded.
How to Buy Extreme Networks Stock
Not sure how to invest in Extreme Networks stock? Here's how.
- Decide where to buy Extreme Networks stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Extreme Networks stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your info.
- Evaluate Extreme Networks stock: The Extreme Networks ticker symbol is EXTR. Is Extreme Networks stock a good investment? Should you buy shares of EXTR? How do EXTR's underlying business fundamentals look? Do top analysts think Extreme Networks is a good buy? Why has EXTR's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if EXTR is a good stock to buy).
- Make your EXTR buy order: Decide if you will purchase EXTR shares at the current market price or use a limit order to purchase EXTR shares at a particular price.
- Get notifications regarding your EXTR position: Create a watchlist to track your investment in Extreme Networks shares.
Step 1: Decide where to buy Extreme Networks stock
You will need a brokerage account to access the NASDAQ market and buy EXTR stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Energy, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you are able to buy EXTR stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on the best stock trading app, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of depositing money into your brokerage account.
Step 4: Evaluate Extreme Networks stock
Once you have identified the best place to buy Extreme Networks stock, it's absolutely critical to analyze their stock prior to investing, so you truly understand the risk as well as the opportunity.
Extreme Networks shares quick numbers
EXTR Due Diligence Checks
WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on EXTR's stock page.
Is EXTR stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge EXTR's fair value.
Using relative valuations ratios:
- EXTR could be overvalued based on its P/E ratio of 18.57x, relative to Communication Equipment industry P/E ratio of 10.86x
- EXTR may be overvalued based on its P/B ratio of 13.48x, relative to Communication Equipment industry P/B ratio of 2.69x
- EXTR could be undervalued based on its PEG ratio of 0.67x
You can access additional valuation analysis on EXTR's stock here.
Is EXTR a healthy company?
Pros:
- EXTR profit margin has gone up from 4.1% to 6% in the past year.
- EXTR earnings of $117.75M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the EXTR balance sheet.
- EXTR's operating cash flow of $238.74M allows it to safely service it's debt of $246.79M.
- There are more short-term assets than long-term liabilities on the EXTR balance sheet.
Cons:
- Total EXTR debt is higher than 5 years ago, relative to shareholder equity.
- EXTR has a relatively high debt to equity ratio of 9.56.
Is it a good time to buy EXTR stock, according to Wall Street analysts?
Out of 4 Wall Street analysts who monitor EXTR, the consensus analyst rating on Extreme Networks is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Extreme Networks stock forecast page.
Metrics for Advanced EXTR Traders
How are EXTR Revenues/Earnings doing?
Last year, EXTR earnings were $80.22M. During the last two year, EXTR's earnings have increased by 38.07% per year. This was faster than the Communication Equipment industry average of 5.34%.
Last year, EXTR revenue was $1.35B. During the last five year, EXTR's revenue has grown by 5.44% per year. This was faster than the Communication Equipment industry average of 4%.
Find out more about EXTR's earnings and revenue performance here.
Are EXTR executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at EXTR have sold more shares than they have bought.
Edward Meyercord, PRESIDENT AND CEO of EXTR, was the latest EXTR insider to sell. They sold $186,268.32 worth of EXTR stock on Feb 15, 2024.
Learn more about who owns EXTR stock here.
Can I rely on EXTR as an income stream?
No, Extreme Networks doesn't provide an income stream by paying out dividends.
What do other investors have to say about EXTR?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your EXTR buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Click the Open button and eToro will place your order.
If you want more help with investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your EXTR position
Now that you own some EXTR stock, you'll want to stay up-to-date on your new shares.
Create a watchlist to get alerted to the latest events about your EXTR stock.
EXTR Feed
How to Buy Stock in Extreme Networks
To summarize, here are the 6 steps to buy Extreme Networks stock:
- Decide where to buy Extreme Networks stock
- Open your brokerage account
- Put funds into your brokerage account
- Evaluate Extreme Networks stock
- Make your EXTR buy order
- Get notifications regarding your EXTR position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Extreme Networks, add EXTR to your watchlist below.
Trending Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.