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Extreme Networks Inc. (EXTR) — RQD Stock Rating Cockpit

$23.59 -3.48% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $23.40

Extreme Networks Inc. (EXTR) carries a Roarable Rating of D (Sell) with 51/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record: Scores of 51/100 (D) historically posted market-perform odds over rolling 90-day windows (-1.3% avg 90D alpha vs SPY) →

ROARABLE D • SELL / AVOID Cap $3.12B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $23.40 (-0.82%)🧬 Cannibal Buyback (-0.68% YoY Shares)⚙️ Cash Engine: 15/20 (B) • 11.2% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 51/100 (D) historically posted market-perform odds over rolling 90-day windows (-1.3% avg 90D alpha vs SPY • 49.7% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D+ · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-3.1% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for EXTR)Realized 20D OHLCV Swing Band: ±9.6%

Deterministic 5-Pillar Attribution (51/100 Composite)

🔍 WHY EXTR SCORES 51/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Cash Engine Quality+15/20 pts (29% of score)

SEC XBRL FY 2025 (10-K): 11.2% FCF Margin ($127.3M FCF) & 62.2% Gross Margin

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+11/20 pts (22% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 5/9

▼ #1 Drag / Risk Factor: Macro Regime Fit7/20 pts (-13 pt drag)

Macro rate sensitivity & RSI-14 (48) create a -13 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$24.19-10.2% Next Q

Q2 (-2Q)

Grade C$21.73+1.1% Next Q

Q3 (-1Q)

Grade C-$21.97+7.4% Next Q

Current

Grade D$23.59-1.3% Hist 90D α

Trajectory: C (59) → D (51)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a EXTR Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While EXTR currently carries a cautious 51/100 (D) rating due to Macro Regime Fit (7/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Strong cash generator (62% profit margin)—profits are backed by real money, not accounting tricks.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($22.48) and Max Pain ($24.77) forces dealer call-delta covering toward $35.42.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Cannibal Buyback (-0.68% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $EXTR• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “EXTR Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 51%NO 49%Trade / Inspect Odds →

RSI-14 MOMENTUMNEUTRAL RANGE

4830 Oversold · 70 Hot

ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)

3.80>3.0 Fortress Safe

PIOTROSKI F-SCORESOLID CORE (5–6)

5 / 99-Pt Accounting

52-WEEK LASER RANGE50% OF RANGE

L: $13$23.59H: $34

1. Money & Cash Health● HEALTHY

Are profits real cash in the bank?

Real cash coming in backs up reported profits (62% profit margin and healthy balance-sheet cushion).

Factor Grade: BRQD 15 / 20

2. Big Money & Insiders● TRIMMING

Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: DRQD 18 / 40

3. Hidden Risks & Market Weather● WARNING

SEC fine-print scan & interest-rate fit

High sensitivity to tight interest rates or new risk warnings added to recent SEC annual filings.

Factor Grade: DRQD 18 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

JEV AI Jury Split (Battleground) on EXTR

Cash & Moat Bull AI

ROIC & Free Cash Flow Model

BULLISH (75)

8.6% ROIC with 62.2% gross margin and 4.08% FCF yield.

SEC Forensic Auditor AI

10-K Accruals & Altman-Z Guard

NEUTRAL (55)

Altman-Z 4.20 and Piotroski 5/9 pass balance-sheet audit.

Whale & Macro Hawk AI

Options Skew, 13F & Fed NetLiq

BEARISH (42)

18/40 institutional & smart-money positioning score with 7/20 macro alignment.

Bull Case: Why Buyers Like EXTR

✓Strong cash generator (62% profit margin)—profits are backed by real money, not accounting tricks.

Bear Case: What Could Go Wrong

!Company executives have done more routine share selling than personal cash buying lately.
!Sensitive to high interest rates and tighter Federal Reserve market liquidity.
!Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring EXTR)

✓Walkthrough of EXTR's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

EXTR // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +6.79%▼ DESCENDING CHANNEL

2026-10-30O $22.79H $23.59L $22.06C $23.59VOL 2.21M

RES: $26.10SUP: $19.65SMA50: $22.48SMA200: $22.05

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

EXTR Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 EXTR Butterfly Map → + Track EXTR →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

48.0%/yr Implied 5Y Growth

vs. +2.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on EXTR today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for EXTR. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for EXTR today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (EXTR)

Technology Rank #385 of 714 ⚔️ DGII vs EXTR Full Matrix →

1. Head-to-Head Technology Peer Comparison (EXTR vs. DGII, ATEN, FFIV, ALLT)

Industry: Computer Communications Equipment (14 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, Extreme Networks Inc. (EXTR) ranks #385 by composite RQD confidence (51/100, grade D) and #250 by equity capitalization ($3.12B). Within this direct 5-issuer industry benchmark cohort, FFIV leads on earnings valuation at 29.7x trailing P/E, while ATEN leads on capital efficiency and profitability with 26.5% ROIC and 79.3% gross margin. DGII currently holds the highest overall quantitative score in the immediate peer group at 69/100 (C+) compared with EXTR at 51/100 (D).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
EXTR ACTIVE Extreme Networks Inc.	D	51/100	—	62.2%	8.6%	-3.48%	$3.12B	Benchmark Subject
DGII Digi International Inc.	C+	69/100	72.2x	62.9%	5.9%	-0.83%	$2.95B	/dgii-vs-extr →
ATEN A10 Networks Inc.	C	63/100	44.5x	79.3%	26.5%	-2.31%	$1.88B	/aten-vs-extr →
FFIV F5 Inc.	C+	69/100	29.7x	81.4%	18.1%	-0.57%	$20.58B	/ffiv-vs-extr →
ALLT Allot Ltd.	D	50/100	118.0x	71.1%	3.0%	-2.29%	$437.4M	/allt-vs-extr →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-06-30 • CIK 0001078271

In its most recent audited fiscal period (FY2025, filed 2025-06-30), Extreme Networks Inc. (EXTR) reported GAAP revenue of $1.14B (+2.0% vs. FY2024 revenue of $1.12B , and -13.1% cumulative change since FY2023) , GAAP net income of -$7.5M, operating cash flow of $152.0M, and free cash flow of $127.3M (+240.7% YoY). On the balance sheet, EXTR closed FY2025 with $1.17B in total assets against $154.1M in total debt (Altman Z-Score: N/A, Piotroski F-Score: 5/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-06-30	$1.14B	-$7.5M	$152.0M	$127.3M	$1.17B	$154.1M
FY2024 (FY)	2024-06-30	$1.12B	-$86.0M	$55.5M	$37.4M	$1.08B	$170.9M
FY2023 (FY)	2023-06-30	$1.31B	$78.1M	$249.2M	$249.2M	—	—

3. EXTR Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is EXTR stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, Extreme Networks Inc. (NASDAQ: EXTR) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 51/100 at a spot price of $23.59 (-3.48% 1D, market cap $3.12B). Pillar breakdown: Fundamental Cash Engine 15/20, Institutional 13F & Options Flow 8/20, Executive Insider Alignment 11/20, FRED Macro Regime Fit 7/20, and SEC Balance-Sheet Forensics 10/20. Across 714 tracked Technology issuers, EXTR ranks #385 in composite RQD confidence.

How does EXTR compare to DGII and ATEN in the Technology sector?

Within the Technology sector (Computer Communications Equipment), EXTR carries a Roarable D (51/100 RQD), trailing P/E of N/A, gross margin of 62.2%, and ROIC of 8.6%. By comparison, DGII (Digi International Inc.) holds a C+ grade (69/100 RQD, P/E 72.2x, ROIC 5.9%, cap $2.95B) and ATEN (A10 Networks Inc.) posts a C grade (63/100 RQD, P/E 44.5x, ROIC 26.5%, cap $1.88B). Among the 5-stock peer group, FFIV leads on earnings multiple (29.7x) while ATEN leads on capital efficiency (26.5% ROIC).

What are the biggest fundamental strengths and SEC risk factors for EXTR?

Per EXTR's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-06-30, CIK 0001078271), Extreme Networks Inc. generated $1.14B in revenue (+2.0% YoY), -$7.5M in net income, and $127.3M in free cash flow against $1.17B in total assets and $154.1M in total debt. Key quantitative strengths: Strong cash generator (62% profit margin)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is EXTR trading relative to its 50-day, 200-day, and 52-week technical levels?

EXTR last traded at $23.59 (-3.48% on volume of 2,092,050 shares), positioning the stock +4.94% above its 50-day simple moving average ($22.48) and +6.98% above its 200-day simple moving average ($22.05). Across its 52-week range of $13.48 to $33.73, EXTR sits at the 49.9% percentile with a 14-day RSI of 48.0 (NEUTRAL RANGE) and an implied next-earnings move of ±9.6% ($21.33 to $25.85).

EXTR Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Should I buy, hold, or sell EXTR stock right now?

Extreme Networks Inc. (EXTR) currently earns a Roarable Rating of D (Sell — SELL) with 51/100 RQD Confidence. Stretched risk/reward at current multiples (9% return on capital) under elevated 10-year interest-rate pressure.

What is EXTR's 12-month price target and RQD AI Jury consensus?

EXTR's 12-month base price target is $22.85 (range $17.82 to $35.42), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

Direct Sub-Reports: EXTR RQD Cockpit EXTR 12M Forecast EXTR Earnings & Move EXTR Dividends & DRIP EXTR Insiders & 13F EXTR Whale Options EXTR Profit Sankey EXTR News & Why