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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 $12.33, up 4.23% from the previous day, and has decreased 34.69% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.11 percentage points. Extreme Networks stock is currently +6.25% from its 52-week low of $11.61, and -62.33% from its 52-week high of $32.73.

There are currently 128.73M EXTR shares outstanding. The market capitalization of EXTR is $1.59B. In the past 24 hours, 1.86M EXTR shares were traded.

How to Buy Extreme Networks Stock

Not sure how to invest in Extreme Networks stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Select your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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 Price
$12.33
1w %
0.74%
1y %
-34.69%
5y %
46.26%
P/E
20.21x
P/B
14.67x
P/S
1.18x
PEG
0.73x
Revenue
$1.35B
Earnings
$80.22M
Fore. Rev. Growth
-6.51%
Fore. Earn. Growth
N/A
Market Cap
$1.59B
Next Earnings
N/A
Next Dividend
N/A

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 20.21x, relative to Communication Equipment industry P/E ratio of 18.56x
  • EXTR may be overvalued based on its P/B ratio of 14.67x, relative to Communication Equipment industry P/B ratio of 2.93x
  • EXTR could be undervalued based on its PEG ratio of 0.73x

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 3 Wall Street analysts who monitor EXTR, the consensus analyst rating on Extreme Networks is a Hold

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

SMA10
12.22
SMA20
13.3
SMA50
15.68
SMA100
17.49
SMA200
21.12
MACD
-1.13
MACD Signal
-1.17
MACD Histogram
0.04
RSI
31.37
Stochastic %K
18.66
Stochastic %D
10.26
StochRSI %K
79.12
StochRSI %D
57.33

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 23.04%.

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 3.55%.

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?

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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.

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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:

  1. Decide where to buy Extreme Networks stock
  2. Open your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Extreme Networks stock
  5. Make your EXTR buy order
  6. Get notifications regarding your EXTR position

If you need a place to buy stocks, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your new investment in Extreme Networks, add EXTR to your watchlist below.

NASDAQ: EXTR
$12.33+0.50 (+4.23%)
Updated Feb 22, 2024
Open eToro Account
NASDAQ: EXTR
$12.33+0.50 (+4.23%)
Updated Feb 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Extreme Networks share?

As of Feb 22, 2024, it costs $12.33 to buy one share of Extreme Networks stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.487 shares of EXTR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Extreme Networks stock?

According to 3 Wall Street analysts who monitor Extreme Networks, their consensus recommendation is to hold Extreme Networks stock.

What is the best way to buy Extreme Networks stock?

One way to place an order for Extreme Networks stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.