EXTR
Extreme Networks, Inc. Technology - Communication Equipment Investor Relations →
Extreme Networks, Inc. (EXTR) closed at $15.24 as of 2026-02-02, trading 7.9% below its 200-week moving average of $16.55. This places EXTR in the deep value zone. The stock moved further from the line this week, up from -11.8% last week. With a 14-week RSI of 22, EXTR is in oversold territory.
Over the past 1352 weeks of data, EXTR has crossed below its 200-week moving average 22 times. On average, these episodes lasted 34 weeks. Historically, investors who bought EXTR at the start of these episodes saw an average one-year return of +14.7%.
With a market cap of $2.0 billion, EXTR is a mid-cap stock. The company generates a free cash flow yield of 6.9%, which is healthy. Return on equity stands at 12.4%. The stock trades at 21.3x book value.
Share count has increased 2.2% over three years, indicating dilution.
Over the past 26 years, a hypothetical investment of $100 in EXTR would have grown to $39, compared to $729 for the S&P 500. EXTR has returned -3.6% annualized vs 7.9% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 4.1% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: EXTR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After EXTR Crosses Below the Line?
Across 21 historical episodes, buying EXTR when it crossed below its 200-week moving average produced an average return of +20.1% after 12 months (median +23.0%), compared to +12.4% for the S&P 500 over the same periods. 70% of those episodes were profitable after one year. After 24 months, the average return was +49.1% vs +29.6% for the index.
Each line shows $100 invested at the moment EXTR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
EXTR has crossed below its 200-week MA 22 times with an average 1-year return of +14.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 2000 | Jun 2000 | 8 | 35.8% | -34.4% | -48.0% |
| Dec 2000 | Apr 2010 | 485 | 90.7% | -67.1% | -62.5% |
| May 2010 | Sep 2010 | 19 | 14.0% | +6.4% | +409.7% |
| Nov 2010 | Dec 2010 | 4 | 3.9% | +3.4% | +423.7% |
| Aug 2011 | Oct 2011 | 8 | 6.9% | +28.1% | +479.5% |
| Apr 2013 | Apr 2013 | 1 | 2.0% | +85.9% | +399.7% |
| May 2014 | May 2014 | 1 | 3.2% | -31.8% | +314.1% |
| Oct 2014 | Nov 2015 | 58 | 45.0% | -6.7% | +291.8% |
| Dec 2015 | Dec 2015 | 1 | 0.0% | +22.3% | +282.0% |
| Jan 2016 | Aug 2016 | 30 | 37.1% | +52.6% | +340.5% |
| Aug 2016 | Sep 2016 | 4 | 4.1% | +173.8% | +290.8% |
| Sep 2018 | Oct 2018 | 8 | 20.3% | +13.4% | +154.4% |
| Nov 2018 | Jan 2019 | 8 | 18.6% | +7.6% | +146.6% |
| Apr 2019 | Jul 2019 | 11 | 19.0% | -52.4% | +126.8% |
| Aug 2019 | Sep 2019 | 3 | 5.8% | -36.7% | +117.4% |
| Oct 2019 | Jan 2020 | 11 | 9.8% | -37.7% | +133.7% |
| Jan 2020 | Jan 2021 | 49 | 69.9% | +37.1% | +158.3% |
| Jan 2024 | Aug 2024 | 28 | 19.9% | +25.6% | +21.0% |
| Sep 2024 | Sep 2024 | 1 | 3.8% | +58.4% | +11.2% |
| Oct 2024 | Oct 2024 | 1 | 1.4% | +45.6% | +6.2% |
| Mar 2025 | May 2025 | 12 | 27.9% | N/A | +2.6% |
| Jan 2026 | Ongoing | 5+ | 11.8% | Ongoing | -2.4% |
| Average | 34 | — | +14.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02