Professional
Added to YB: 2024-04-16
Pitch date: 2024-04-10
EXTR [bullish]
Extreme Networks, Inc.
+53.26%
current return
Author Info
No bio for this author
Company Info
Extreme Networks, Inc., together with its subsidiaries, develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Market Cap
$2.3B
Pitch Price
$11.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
34.24
P/E
290.00
EV/Sales
1.99
Sector
Communications Equipment
Category
turnaround
ClearBridge Small Cap Strategy Portfolio Holding: Extreme Networks, Inc.
EXTR: Despite near-term headwinds, Extreme Networks fundamentally improved competitive position & return profile post-COVID. Merely experiencing a classical cyclical downturn that should bottom in coming quarters. Market not giving credit to growth & margin potential once excess inventories clear.
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