Extreme Networks (EXTR) Projected to Post Earnings on Wednesday

Extreme Networks (NASDAQ:EXTR) is expected to release its Q3 2026 results before the market opens on Wednesday, April 29th. Analysts expect Extreme Networks to post earnings of $0.24 per share and revenue of $311.4780 million for the quarter. Extreme Networks has set its Q3 2026 guidance at 0.230-0.250 EPS and its FY 2026 guidance at 0.980-1.020 EPS. Parties can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 8:00 AM ET.

Extreme Networks (NASDAQ:EXTR) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.02. Extreme Networks had a net margin of 0.75% and a return on equity of 75.56%. The firm had revenue of $317.93 million for the quarter, compared to analysts’ expectations of $312.33 million. During the same quarter last year, the company posted $0.21 EPS. The business’s quarterly revenue was up 13.8% on a year-over-year basis. 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 Stock Performance

NASDAQ EXTR opened at $17.59 on Monday. Extreme Networks has a 52-week low of $12.29 and a 52-week high of $22.89. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.80 and a current ratio of 0.95. The company has a market capitalization of $2.36 billion, a P/E ratio of 251.32, a P/E/G ratio of 1.85 and a beta of 1.62. The company has a fifty day moving average of $15.40 and a 200-day moving average of $16.55.

Analyst Upgrades and Downgrades

EXTR has been the topic of a number of research reports. Weiss Ratings downgraded Extreme Networks from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Needham & Company LLC decreased their price objective on Extreme Networks from $24.00 to $21.00 and set a “buy” rating on the stock in a report on Thursday, January 29th. Wall Street Zen lowered Extreme Networks from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Rosenblatt Securities reiterated a “buy” rating and set a $25.00 price target on shares of Extreme Networks in a research report on Thursday, January 29th. Finally, UBS Group reissued a “neutral” rating and set a $17.00 price target on shares of Extreme Networks in a research note on Thursday, January 29th. Six 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $22.67.

Insider Activity at Extreme Networks

In other news, CEO Edward Meyercord sold 50,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $15.30, for a total value of $765,000.00. Following the completion of the sale, the chief executive officer owned 1,897,270 shares of the company’s stock, valued at approximately $29,028,231. The trade was a 2.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On Extreme Networks

A number of large investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd bought a new stake in Extreme Networks in the third quarter valued at approximately $31,000. Advisors Asset Management Inc. increased its stake in shares of Extreme Networks by 136.8% in the fourth quarter. Advisors Asset Management Inc. now owns 3,221 shares of the technology company’s stock worth $54,000 after buying an additional 1,861 shares during the period. Quarry LP increased its stake in shares of Extreme Networks by 74.9% in the third quarter. Quarry LP now owns 2,610 shares of the technology company’s stock worth $54,000 after buying an additional 1,118 shares during the period. Quadrant Capital Group LLC bought a new stake in Extreme Networks during the 3rd quarter valued at $91,000. Finally, Wexford Capital LP purchased a new stake in Extreme Networks during the 3rd quarter valued at $95,000. 91.05% of the stock is owned by hedge funds and other institutional investors.

Extreme Networks Company Profile

Extreme Networks, Inc (NASDAQ: EXTR) is a global provider of end-to-end networking solutions designed to support enterprise, data center, and service provider environments. The company’s product portfolio encompasses high-performance wired and wireless access switches, routers, network security appliances, and software-defined networking (SDN) tools. Driven by a cloud-native management architecture, Extreme’s Intelligent Edge Platform integrates network analytics, automation and orchestration capabilities to help organizations optimize performance, reduce operational complexity and strengthen security.

Since its founding in the mid-1990s and subsequent public listing in 1999, Extreme Networks has expanded its technology footprint through targeted acquisitions.