Extreme Networks: More Cloud Offerings Could Make The Price Spike Up

Nov. 08, 2022 3:44 AM ETExtreme Networks, Inc. (EXTR)

Summary

  • Extreme Networks offers cloud management, wireless, routing, and many other network products and services.
  • Besides, from 2022 to 2025, the company expects to invest resources in ExtremeCloud SD-WAN, WAN EDGE, and other technologies, which may enlarge the list of products offered to consumers.
  • Extreme Networks is working in some of the most innovative IT markets including 5G services, networking software market, on-premise network management, and SD-WAN market.

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Extreme Networks, Inc. (NASDAQ:EXTR) reports larger partners, and management expects relevant investment in innovative offerings like ExtremeCloud SD-WAN or WAN EDGE. Taking into account the company's strong backlog and the growth of the target markets, in my view, the

Source: Company's Website

Source: Company's

Source: Investor Presentation

Source: Investor Presentation

Source: Investor Presentation

Source: Investor Presentation

Source: Marketscreener.com

Source: Marketscreener.com

10-Q

10-Q

10-Q

10-Q

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Author's Materials

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Author's Materials

This article was written by

I am a hedge fund analyst based in Romania. I love DCF models. I started trading at 13, and also traded for one large institution. I write investment research to help retail investors.Note that I don't give financial advice. Nothing contained in my articles should be construed as investment advice. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit.Feel free to reach out to me, via comments, on any questions you may have on my financial models.

Disclosure: I/we have a beneficial long position in the shares of EXTR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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