Extreme Networks(US:EXTR) ZACKSยท2025-09-01 17:01Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Extreme Networks (EXTR) - Extreme Networks currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, EXTR shares increased by 3.43%, while the Zacks Computer - Networking industry remained flat [5] - In the last month, EXTR's price rose by 23.8%, significantly outperforming the industry's 2.95% [5] - Over the past quarter, EXTR shares have risen by 28.56%, and by 35.75% over the last year, compared to the S&P 500's increases of 9.68% and 16.9%, respectively [6] Trading Volume - The average 20-day trading volume for EXTR is 1,559,399 shares, which is a useful indicator of market interest and momentum [7] Earnings Outlook - In the past two months, one earnings estimate for EXTR has increased, while none have decreased, raising the consensus estimate from $1.00 to $1.02 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [9] Conclusion - Given the positive performance metrics and earnings outlook, EXTR is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]