Extreme Networks, Inc. (EXTR) Fair Value 2026

EXTR · Communication Equipment ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

9.1 /10

32 fundamental signals · 9 models active

Value Trap Risk

SAFE (6/100)

Quick Summary — As of 2026-08-27, Extreme Networks, Inc. (EXTR) trades at $23.23, versus a $8.97 median fair value across its 9 active models — 61.4% below the current price. QOC: 9.1/10. Value Trap Risk: 6/100 (SAFE). 9/13 models active. Within that set, the Bayesian DCF component alone returns $6.55.

Key Facts

Ticker
EXTR
Price
$23.23
Quality Score
9.1/10
Value Trap Risk
6/100
Models Active
9/13
Last Updated
Strength: Quality Score of 9.1/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is Extreme Networks, Inc. (EXTR) Undervalued or Overvalued in 2026?

According to CirclFi’s 9-model valuation engine, Extreme Networks, Inc. (EXTR) appears overvalued as of : the median of 9 independent fair value estimates is $8.97, 61.4% below the current price of $23.23. Estimates range from $0.77 to $50.97. EXTR scores 9.1/10 on fundamental quality and 6/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. EXTR’s -61.4% gap is wider than that market norm, and the Communication Equipment sector median is -50.4%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Extreme Networks, Inc. Stock in 2026? →

What Fair Value Does Each Model Give EXTR?

9 Intrinsic Value Models vs. Current Price ($23.23)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $6.55 -71.8%
Intrinsic · High Conviction
 $0.77 -96.7%
Ensemble · Low Conviction
 $8.97 -61.4%
Scenario · High Conviction
 $14.28 -38.5%
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What Is EXTR's Fair Value Range?

Spread across 9 independent models · $0.77 to $50.97

CirclFi's 9 active models place Extreme Networks, Inc. (EXTR) between $0.77 and $50.97 per share, a spread of 559% of the median. The median of that range — $8.97 — is the fair value CirclFi publishes for EXTR, against a current price of $23.23.

Low · EPVHigh · Regime Cross
$0.77median $8.97$50.97
Where the range comes from
Most bearish modelEarnings Power Value (EPV)$0.77
Most bullish modelRegime Cross-Sectional$50.97
Model agreement1 bullish · 8 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for EXTR. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on EXTR, not a CirclFi price target. How each model works →

What Is Extreme Networks, Inc. (EXTR) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Extreme Networks, Inc.'s intrinsic value is estimated at $8.97, suggesting the stock is overvalued at its current price of $23.23. With 8 out of 9 models flagging downside (-61.4% vs price), the market may be pricing in unsustainable growth. Model dispersion is worth noting: Regime Cross targets $50.97 (+119.4%), versus EPV at $0.77 (-96.7%). This +216.1% range highlights the importance of multi-model analysis rather than relying on any single methodology. Among models with highest confidence, Bayesian DCF, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About EXTR?

9 of 13 models are currently active for EXTR. Of these, 1 model suggests upside while 8 models suggest overvaluation. Taken together, their median fair value for EXTR is $8.97 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $6.55 on its own, implying -71.8% downside from the current price. See which stocks rank higher →

How Does EXTR Rank in Communication Equipment?

Among 47 Communication Equipment stocks, EXTR ranks #5 by Quality of Company score. CirclFi's QOC score of 9.1/10 evaluates 32 fundamental signals. A score of 9.1 places EXTR in the top tier.

Within the Communication Equipment space, Extreme Networks, Inc. competes in an environment where capital intensity ratio often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is EXTR a Value Trap?

CirclFi's Value Trap algorithm assigns EXTR a score of 6/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

9 of 13 models are active for Extreme Networks, Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Extreme Networks, Inc. is rated at 9.1/10. This elite-tier score ranks among the highest-quality businesses in our coverage universe.

The gap between the most bullish and bearish model spans +216.1% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every EXTR valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across EXTR's 9 active models, average confidence is 51%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Extreme Networks, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Communication Equipment Stocks Should You Also Analyze?

10 related Communication Equipment stocks with 13-model coverage

MSIMotorola Solutions, Inc.QOC 9.1AVNWAviat Networks, Inc.QOC 8.5DGIIDigi International Inc.QOC 9.3BDCBelden Inc.QOC 8.5UIUbiquiti Inc.QOC 9.3CSCOCisco Systems, Inc.QOC 8.5GILTGilat Satellite Networks Ltd.QOC 7.6INSGInseego Corp.QOC 6.8CMTLComtech Telecommunications Corp.QOC 5.7BKTIBK Technologies CorporationQOC 9.6

Read investment analysis: MSI · AVNW · DGII · BDC · UI · CSCO · GILT · INSG · CMTL · BKTI

Which Other Stocks Have a Similar Quality Score to EXTR?

7 companies across all industries closest to EXTR’s Quality of Company score of 9.1/10.

MAMastercard IncorporatedQOC 9.1ESTCElastic N.V.QOC 9.1XPXP Inc.QOC 9.1HUBBHubbell IncorporatedQOC 9.1ACIWACI Worldwide, Inc.QOC 9.1PIPRPiper Sandler CompaniesQOC 9.1NVDANVIDIA CorporationQOC 10.0

Read investment analysis: MA · ESTC · XP · HUBB · ACIW · PIPR · NVDA

What Else Do Investors Ask About Extreme Networks, Inc.’s Valuation?

What is Extreme Networks, Inc.'s intrinsic value in 2026?

CirclFi puts Extreme Networks, Inc. (EXTR)'s intrinsic value at $8.97 — the median of 9 independent model estimates as of 2026-08-27, ranging from $0.77 to $50.97. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $6.55 on its own. The Quality of Company score is 9.1/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is EXTR overvalued or undervalued right now?

At $23.23, 1 of 9 active models suggest EXTR may be undervalued, while 8 indicate potential overvaluation. The median of all 9 fair value estimates is $8.97, 61.4% below the current price of $23.23 — a consensus view that EXTR is overvalued. The assessment depends on which methodology best fits Extreme Networks, Inc.'s business model in Communication Equipment.

What does a Quality of Company score of 9.1 mean for EXTR?

Extreme Networks, Inc.'s QOC of 9.1/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on EXTR?

CirclFi analyzes EXTR with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 9 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on EXTR?

Of the 9 models currently active on EXTR, Regime Cross-Sectional is the most bullish at $50.97 per share, and Earnings Power Value (EPV) is the most bearish at $0.77. CirclFi's published fair value for EXTR is the median of that range, $8.97, not either extreme. The gap between the two ends equals 559% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is EXTR a value trap in 2026?

Extreme Networks, Inc.'s Value Trap score is 6/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 9-model valuation engine, Extreme Networks, Inc. (EXTR) has a median fair value of $8.97 — 61.4% below the current price of $23.23 — as of 2026-08-27.” Source: circlfi.com/stock/EXTR/ · Methodology
Primary sources for this EXTR valuation
  • Financial statements: Extreme Networks, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001078271) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for EXTR as of ; valuations recomputed .

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