Extreme Networks (EXTR) Expected to Announce Earnings on Wednesday

Extreme Networks (NASDAQ:EXTR) is anticipated to release its Q2 2026 results before the market opens on Wednesday, January 28th. Analysts expect Extreme Networks to post earnings of $0.24 per share and revenue of $312.3250 million for the quarter. Extreme Networks has set its Q2 2026 guidance at 0.230-0.250 EPS. Parties can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, January 28, 2026 at 8:00 AM ET.

Extreme Networks (NASDAQ:EXTR) last posted its quarterly earnings results on Wednesday, October 29th. The technology company reported $0.22 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.22. Extreme Networks had a return on equity of 81.83% and a net margin of 0.73%.The business had revenue of $310.25 million for the quarter, compared to the consensus estimate of $295.72 million. During the same period in the prior year, the business earned $0.17 EPS. The firm’s revenue for the quarter was up 15.2% 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

EXTR opened at $15.02 on Wednesday. Extreme Networks has a 1-year low of $10.10 and a 1-year high of $22.89. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 214.57, a PEG ratio of 1.77 and a beta of 1.64. The company’s fifty day moving average price is $16.89 and its two-hundred day moving average price is $18.81. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 2.32.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Wall Street Zen cut shares of Extreme Networks from a “strong-buy” rating to a “buy” rating in a report on Saturday. Oppenheimer upgraded Extreme Networks from a “market perform” rating to an “outperform” rating and set a $25.00 target price on the stock in a research note on Thursday, October 30th. Weiss Ratings cut Extreme Networks from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. B. Riley reiterated a “buy” rating on shares of Extreme Networks in a research note on Thursday, October 30th. Finally, Bank of America assumed coverage on Extreme Networks in a report on Wednesday, November 19th. They issued a “buy” rating and a $24.00 price target for the company. Six analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Extreme Networks currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.83.

Insider Activity

In related news, CEO Edward Meyercord sold 50,000 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $16.54, for a total transaction of $827,000.00. Following the completion of the sale, the chief executive officer directly owned 1,871,418 shares in the company, valued at $30,953,253.72. This represents a 2.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On Extreme Networks

Institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp increased its holdings in shares of Extreme Networks by 0.4% in the 2nd quarter. State Street Corp now owns 5,392,673 shares of the technology company’s stock worth $96,798,000 after purchasing an additional 24,120 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Extreme Networks by 8.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,658,393 shares of the technology company’s stock valued at $54,896,000 after buying an additional 197,542 shares during the last quarter. Millennium Management LLC boosted its position in shares of Extreme Networks by 163.0% during the first quarter. Millennium Management LLC now owns 1,260,362 shares of the technology company’s stock valued at $16,675,000 after buying an additional 781,103 shares during the last quarter. Invesco Ltd. increased its holdings in Extreme Networks by 86.9% in the 3rd quarter. Invesco Ltd. now owns 999,653 shares of the technology company’s stock worth $20,643,000 after buying an additional 464,652 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its position in Extreme Networks by 181.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 959,444 shares of the technology company’s stock worth $19,813,000 after buying an additional 619,154 shares during the last quarter. Institutional investors own 91.05% of the company’s stock.

About Extreme Networks

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.