EXTR
Extreme Networks, Inc.
EXTR has the edge over INTC overall, supported by lower modeled downside and stronger modeled upside.
INTC
Intel Corporation
INTC offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
EXTR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
EXTR's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
INTC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Healthy |
INTC's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
EXTR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $27.18 | — |
| Cheap | 26x | $10.05 | -63% |
| Fair | 56x | $21.70 | -20% |
| Current | 70x | $27.18 | — |
| Expensive | 269x | $105 | +286% |
Historical ranges are pointers, not guarantees.
EXTR's PE is in its fair range at 70x. If earnings grow as analysts expect, today's price would be 19x next year's earnings, in its cheap range.
INTC PE Valuation
INTC has no meaningful PE right now: it lost money over the past year.
EXTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for EXTR, with profitability improving.
INTC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Broad | |
| Low |
Analysts expect earnings and revenue growth for INTC, with profitability improving. However, they disagree widely on these estimates.
EXTR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.39 | +258% |
| Q3 2026 | $0.39 | +550% |
| Q2 2026 | $0.31 | +$0.37 |
| Q1 2026 | $0.11 | +$0.50 |
| Q4 2025 | $0.06 | +$0.98 |
| Q3 2025 | $0.06 | +$1.01 |
| Q2 2025 | -$0.06 | +$0.60 |
| Q1 2025 | -$0.39 | -$0.32 |
| Q4 2024 | -$0.92 | -253% |
EXTR has the edge over INTC on earnings quality, reporting a profit while its opponent remains loss making.
INTC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.41 | — |
| Q3 2026 | -$2.39 | -24000% |
| Q2 2026 | -$2.09 | +$2.68 |
| Q1 2026 | -$0.60 | +$3.88 |
| Q4 2025 | -$0.06 | +$4.32 |
| Q3 2025 | $0.01 | +$3.72 |
| Q2 2025 | -$4.77 | -2088% |
| Q1 2025 | -$4.48 | -562% |
| Q4 2024 | -$4.38 | -1195% |
INTC has swung to a loss: it lost $2.39 per share over the past year, after a profit the year before.
EXTR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $341.1M | +9.9% |
| Q2 2026 | $338.5M | +10% |
| Q1 2026 | $316.9M | +11% |
| Q4 2025 | $317.9M | +14% |
| Q3 2025 | $310.2M | +15% |
| Q2 2025 | $307M | +20% |
| Q1 2025 | $284.5M | +35% |
| Q4 2024 | $279.4M | -5.7% |
EXTR has the edge over INTC on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.8% | +3.1 points |
| Q2 2026 | 6.2% | +6.7 points |
| Q1 2026 | 5.5% | +1.8 points |
| Q4 2025 | 4.1% | -0.4 points |
| Q3 2025 | 3.6% | +5.4 points |
| Q2 2025 | -0.5% | +19 points |
| Q1 2025 | 3.6% | +33 points |
| Q4 2024 | 4.5% | +1.1 points |
EXTR's operating margin was 6.8% last quarter, up 3.1 points from the same quarter a year ago.
INTC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $16.5B | +21% |
| Q2 2026 | $16.1B | +25% |
| Q1 2026 | $13.6B | +7.2% |
| Q4 2025 | $13.7B | -4.1% |
| Q3 2025 | $13.7B | +2.8% |
| Q2 2025 | $12.9B | +0.2% |
| Q1 2025 | $12.7B | -0.4% |
| Q4 2024 | $14.3B | -7.4% |
INTC's revenue is recovering but still below its 2021 peak: $16.5B last quarter, up 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +10 points |
| Q2 2026 | 11% | +36 points |
| Q1 2026 | -23% | -21 points |
| Q4 2025 | 4.2% | +1.4 points |
| Q3 2025 | 5% | +73 points |
| Q2 2025 | -25% | -9.4 points |
| Q1 2025 | -2.4% | +6 points |
| Q4 2024 | 2.9% | -14 points |
INTC has the edge over EXTR on profitability, with a higher operating margin.
EXTR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $38.7M | +$59.5M |
| Q2 2026 | $65.3M | -13% |
| Q1 2026 | $7.8M | -68% |
| Q4 2025 | $43M | +167% |
| Q3 2025 | -$20.9M | -279% |
| Q2 2025 | $75.3M | +584% |
| Q1 2025 | $24.2M | +$97.8M |
| Q4 2024 | $16.1M | -44% |
EXTR still generates free cash flow, though less than at its 2023 peak: $155M over the past year.
INTC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.1B | +774% |
| Q2 2026 | $4.5B | +$6B |
| Q1 2026 | -$2.5B | +$1.8B |
| Q4 2025 | $800M | +$3.5B |
| Q3 2025 | $121M | +$2.5B |
| Q2 2025 | -$1.5B | +$1.9B |
| Q1 2025 | -$4.4B | +$2.8B |
| Q4 2024 | -$2.7B | -$597M |
INTC has the edge over EXTR on cash flow, with more consistent year-over-year improvement.
EXTR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -287K shares |
| 1 year | -0.3% | -388K shares |
| 3 years | +0.9% | +1.2M shares |
| 5 years | +1.1% | +1.5M shares |
| Available history | +13% | +15.1M shares |
EXTR has the edge over INTC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25M |
| Q2 2026 | $25M |
| Q1 2026 | $50M |
| Q4 2025 | — |
| Q3 2025 | $12M |
| Q2 2025 | $25M |
| Q2 2024 | — |
| Q1 2024 | — |
EXTR spent $100M buying back its own shares over the past year.
INTC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4% | +203M shares |
| 1 year | +17% | +776M shares |
| 3 years | +25% | +1.1B shares |
| 5 years | +30% | +1.2B shares |
| Available history | +19% | +834M shares |
INTC has 5.3B diluted shares, up 17% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | $114M |
| Q1 2021 | $2.3B |
EXTR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.2x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2024 | 0.9x | Very low |
| Q4 2023 | -0.2x | Net Cash |
EXTR has the edge over INTC on leverage, with a lower net debt burden relative to earnings.
INTC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Healthy |
| Q2 2026 | 3.1x | Elevated |
| Q1 2026 | 3.9x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 4.0x | Elevated |
| Q1 2025 | 69.6x | High |
| Q3 2024 | 23.8x | High |
| Q2 2024 | 4.3x | High |
INTC's net debt is about 2.0 years of its operating earnings (EBITDA), down from 4.0 years a year ago.
EXTR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.7 | Neutral |
| Stochastic | 48.5 | Neutral |
EXTR's weekly RSI is 60 (neutral) and its Stochastic is 49 (neutral).
INTC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.1 | Neutral |
| Stochastic | 7.7 | Oversold |
INTC's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
EXTR PE vs Technology Sector
| Metric | EXTR | Sector median | Relative |
|---|---|---|---|
| PE | 70x | 28x | 150% above |
| PE % | 64 | 35 | 29 pts above |
EXTR is trading at 70x earnings, a 150% premium to the Technology sector's median of 28x.
INTC PE vs Technology Sector
| Metric | INTC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
INTC has no meaningful PE right now: it lost money over the past year.
EXTR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.3 | 17% above |
| 20 week MA | $25.0 | 8.7% above |
| 50 week MA | $21.5 | 26% above |
| 100 week MA | $19.3 | 41% above |
| 200 week MA | $18.4 | 48% above |
EXTR has the edge over INTC on trend strength, trading above more of its moving averages.
INTC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $88.4 | 31% below |
| 20 week MA | $95.3 | 36% below |
| 50 week MA | $79.3 | 23% below |
| 100 week MA | $52.1 | 18% above |
| 200 week MA | $42.5 | 44% above |
INTC has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 44% above its 200-week average.
EXTR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $7.37 | $7.00 | -5% |
| 2021 | $7.00 | $15.0 | +114% |
| 2022 | $15.0 | $18.5 | +23% |
| 2023 | $18.5 | $17.6 | -4.4% |
| 2024 | $17.6 | $17.1 | -3.1% |
| 2025 | $17.1 | $16.9 | -1.2% |
| 2026 YTD | $16.9 | $27.2 | +61% |
EXTR has finished three years in a row lower, and it's up 61% so far in 2026.
INTC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $60.1 | $47.1 | -22% |
| 2021 | $47.1 | $51.3 | +9% |
| 2022 | $51.3 | $26.1 | -49% |
| 2023 | $26.1 | $50.3 | +93% |
| 2024 | $50.3 | $20.3 | -60% |
| 2025 | $20.3 | $36.2 | +78% |
| 2026 YTD | $36.2 | $61.2 | +69% |
INTC has the edge over EXTR on returns for 2026, with the stronger performance.