Extreme Networks (EXTR) Projected to Post Quarterly Earnings on Wednesday

Extreme Networks (NASDAQ:EXTR) is expected to issue its Q1 2026 results before the market opens on Wednesday, October 29th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $295.7240 million for the quarter. Parties can find conference call details on the company’s upcoming Q1 2026 earningreport page for the latest details on the call scheduled for Wednesday, October 29, 2025 at 8:00 AM ET.

Extreme Networks (NASDAQ:EXTR) last posted its quarterly earnings results on Wednesday, August 6th. The technology company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03. The firm had revenue of $307.00 million for the quarter, compared to analysts’ expectations of $299.88 million. Extreme Networks had a negative net margin of 0.65% and a positive return on equity of 82.47%. The business’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same period in the prior year, the business posted ($0.08) earnings per share. On average, analysts expect Extreme Networks to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Extreme Networks Trading Down 0.7%

NASDAQ EXTR opened at $20.74 on Tuesday. The company’s 50-day moving average price is $21.12 and its 200-day moving average price is $17.99. The company has a current ratio of 0.91, a quick ratio of 0.74 and a debt-to-equity ratio of 2.50. The stock has a market cap of $2.77 billion, a PE ratio of -414.80, a PEG ratio of 2.19 and a beta of 1.81. Extreme Networks has a 12 month low of $10.10 and a 12 month high of $22.89.

Analyst Upgrades and Downgrades

EXTR has been the topic of a number of research analyst reports. Lake Street Capital upgraded shares of Extreme Networks from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Thursday, August 7th. Needham & Company LLC increased their target price on shares of Extreme Networks from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. UBS Group increased their target price on shares of Extreme Networks from $15.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Rosenblatt Securities increased their target price on shares of Extreme Networks from $20.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Extreme Networks in a report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.92.

Insider Activity

In other news, CFO Kevin R. Rhodes sold 14,000 shares of the firm’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $21.52, for a total value of $301,280.00. Following the sale, the chief financial officer directly owned 126,202 shares in the company, valued at approximately $2,715,867.04. This trade represents a 9.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Edward Meyercord sold 35,725 shares of the firm’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $17.18, for a total transaction of $613,755.50. Following the completion of the sale, the chief executive officer owned 1,541,282 shares in the company, valued at $26,479,224.76. This represents a 2.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 103,725 shares of company stock valued at $2,015,216 over the last 90 days. 3.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Extreme Networks

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Public Sector Pension Investment Board raised its position in shares of Extreme Networks by 4.4% in the 2nd quarter. Public Sector Pension Investment Board now owns 779,992 shares of the technology company’s stock valued at $14,001,000 after purchasing an additional 32,974 shares during the last quarter. Headlands Technologies LLC raised its position in shares of Extreme Networks by 94.7% in the 2nd quarter. Headlands Technologies LLC now owns 38,836 shares of the technology company’s stock valued at $697,000 after purchasing an additional 18,890 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its position in shares of Extreme Networks by 2.6% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 142,482 shares of the technology company’s stock valued at $2,560,000 after purchasing an additional 3,568 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of Extreme Networks by 309.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 23,896 shares of the technology company’s stock valued at $429,000 after purchasing an additional 18,066 shares during the last quarter. Finally, SkyView Investment Advisors LLC raised its position in shares of Extreme Networks by 3.0% in the 2nd quarter. SkyView Investment Advisors LLC now owns 47,695 shares of the technology company’s stock valued at $850,000 after purchasing an additional 1,401 shares during the last quarter. 91.05% of the stock is owned by hedge funds and other institutional investors.

Extreme Networks Company Profile

Extreme Networks, Inc delivers cloud-driven networking solutions that leverage the powers of machine learning, artificial intelligence, analytics, and automation.
The company designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security, and access controls.