What is Extreme Networks Inc worth?
With the base-case assumptions below, a discounted cash flow model on Extreme Networks Inc's reported free cash flow gives $13.35 per share. The share price was $21.52 on September 25, 2026, 61% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.0% | 10.0% | $8.38 | -61% |
| Base | 5.0% | 9.0% | $13.35 | -38% |
| Bull | 10.0% | 8.0% | $22.64 | +5% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $16.91 | $18.00 | $19.32 | $20.98 | $23.10 |
| 8.0% | $14.26 | $14.96 | $15.79 | $16.79 | $18.01 |
| 9.0% | $12.32 | $12.80 | $13.35 | $14.00 | $14.76 |
| 10.0% | $10.84 | $11.18 | $11.57 | $12.01 | $12.52 |
| 11.0% | $9.67 | $9.92 | $10.20 | $10.52 | $10.87 |
Where the presets come from
Base: years 1 to 5 grow at Extreme Networks Inc's revenue growth rate over the last 5 fiscal years (4.9% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions