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 $13.33 per share. The share price was $25.48 on November 10, 2026, 91% 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% | $8.36 | -67% |
| Base | 5.0% | 9.0% | $13.33 | -48% |
| Bull | 10.0% | 8.0% | $22.62 | -11% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $16.89 | $17.98 | $19.30 | $20.96 | $23.09 |
| 8.0% | $14.24 | $14.94 | $15.77 | $16.77 | $17.99 |
| 9.0% | $12.30 | $12.78 | $13.33 | $13.98 | $14.75 |
| 10.0% | $10.82 | $11.16 | $11.55 | $11.99 | $12.50 |
| 11.0% | $9.66 | $9.91 | $10.19 | $10.50 | $10.86 |
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