EXTR
Extreme Networks, Inc.
EXTR's outlook is improving, though it still trails on the overall score.
NVDA
NVIDIA Corporation
NVDA has the edge over EXTR overall, supported by stronger valuation and stronger modeled upside.
EXTR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
EXTR's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
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.
NVDA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $166 | — |
| Current | 21x | $166 | — |
| Cheap | 44x | $345 | +108% |
| Fair | 65x | $511 | +207% |
| Expensive | 93x | $734 | +342% |
Historical ranges are pointers, not guarantees.
NVDA has the edge over EXTR in the historical PE scenario, which offers more potential upside but is not a forecast.
EXTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
EXTR has the edge over NVDA on the outlook, with more favorable profitability expectations.
NVDA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for NVDA, but weaker profitability.
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's earnings per share have fallen from their peak: $0.39 over the past year, against $0.70 in late 2023.
NVDA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.77 | +74% |
| Q3 2026 | $7.91 | +125% |
| Q2 2026 | $6.53 | +111% |
| Q1 2026 | $4.90 | +67% |
| Q4 2025 | $4.03 | +59% |
| Q3 2025 | $3.51 | +65% |
| Q2 2025 | $3.10 | +81% |
| Q1 2025 | $2.94 | +147% |
| Q4 2024 | $2.54 | +234% |
NVDA has the edge over EXTR on earnings, with more consistent year-over-year improvement.
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's revenue has grown year over year for seven quarters in a row: $341M last quarter, up 9.9% from the same quarter a year ago.
| 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.
NVDA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $96.2B | +106% |
| Q2 2026 | $81.6B | +85% |
| Q1 2026 | $68.1B | +73% |
| Q4 2025 | $57B | +62% |
| Q3 2025 | $46.7B | +56% |
| Q2 2025 | $44.1B | +69% |
| Q1 2025 | $39.3B | +78% |
| Q4 2024 | $35.1B | +94% |
NVDA has the edge over EXTR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 66% | +5.4 points |
| Q2 2026 | 66% | +17 points |
| Q1 2026 | 65% | +3.9 points |
| Q4 2025 | 63% | +0.8 points |
| Q3 2025 | 61% | -1.2 points |
| Q2 2025 | 49% | -16 points |
| Q1 2025 | 61% | -0.5 points |
| Q4 2024 | 62% | +4.9 points |
NVDA 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.
NVDA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.4B | +59% |
| Q2 2026 | $48.6B | +86% |
| Q1 2026 | $34.9B | +124% |
| Q4 2025 | $22.1B | +32% |
| Q3 2025 | $13.5B | -0.3% |
| Q2 2025 | $26.2B | +75% |
| Q1 2025 | $15.6B | +38% |
| Q3 2024 | $13.5B | +113% |
NVDA 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 135M diluted shares, about the same as a year ago.
| 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.
NVDA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -106M shares |
| 1 year | -1% | -247M shares |
| 3 years | -2.8% | -705M shares |
| 5 years | -4.1% | -1B shares |
| Available history | -1.8% | -435M shares |
NVDA has the edge over EXTR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7B |
| Q2 2026 | $19.3B |
| Q1 2026 | $3.8B |
| Q4 2025 | $12.5B |
| Q3 2025 | $9.7B |
| Q2 2025 | $14.1B |
| Q1 2025 | $7.8B |
| Q4 2024 | $11B |
NVDA spent $55.3B buying back its own shares over the past year, up 30% from the year before.
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 NVDA on leverage, with a lower net debt burden relative to earnings.
NVDA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | -0.0x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.0x | Very low |
| Q4 2024 | -0.0x | Net Cash |
NVDA's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt 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).
NVDA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 18.1 | Oversold |
NVDA's weekly RSI is 33 (neutral) and its Stochastic is 18 (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.
NVDA PE vs Technology Sector
| Metric | NVDA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 25% below |
| PE % | 0 | 35 | 35 pts below |
NVDA has the edge over EXTR on valuation relative to its sector.
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 NVDA on trend strength, trading above more of its moving averages.
NVDA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $208.9 | 20% below |
| 20 week MA | $212.0 | 22% below |
| 50 week MA | $199.9 | 17% below |
| 100 week MA | $175.1 | 5.1% below |
| 200 week MA | $123.6 | 34% above |
NVDA has fallen below most of its moving averages, though it's still 34% 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 the edge over NVDA on returns for 2026, with the stronger performance.
NVDA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.92 | $13.0 | +119% |
| 2021 | $13.0 | $29.6 | +128% |
| 2022 | $29.6 | $15.2 | -49% |
| 2023 | $15.2 | $49.5 | +226% |
| 2024 | $49.5 | $137.0 | +177% |
| 2025 | $137.0 | $190.5 | +39% |
| 2026 YTD | $190.5 | $166.2 | -13% |
NVDA's yearly returns have swung widely, from +226% in 2023 to −49% in 2022. It's down 13% so far in 2026.