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

Extreme Networks (NASDAQ:EXTR) is anticipated 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. Investors may review the information on the company’s upcoming Q1 2026 earningreport for the latest details on the call scheduled for Wednesday, October 29, 2025 at 8:00 AM ET.

Extreme Networks (NASDAQ:EXTR) last announced its quarterly earnings results on Wednesday, August 6th. The technology company reported $0.25 earnings per share for the quarter, beating the consensus estimate 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 company’s revenue was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.08) EPS. 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 Up 1.1%

Shares of NASDAQ EXTR opened at $20.68 on Wednesday. The company has a market capitalization of $2.76 billion, a P/E ratio of -413.60, a P/E/G ratio of 2.14 and a beta of 1.81. The company has a debt-to-equity ratio of 2.50, a current ratio of 0.91 and a quick ratio of 0.74. The company has a 50 day simple moving average of $21.05 and a 200-day simple moving average of $17.69. Extreme Networks has a 1 year low of $10.10 and a 1 year high of $22.89.

Insiders Place Their Bets

In related news, Director Raj Khanna sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $19.91, for a total value of $298,650.00. Following the completion of the transaction, the director directly owned 216,708 shares of the company’s stock, valued at $4,314,656.28. This trade represents a 6.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Kevin R. Rhodes sold 14,000 shares of Extreme Networks stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $21.52, for a total value of $301,280.00. Following the transaction, the chief financial officer directly owned 126,202 shares of the company’s stock, valued at approximately $2,715,867.04. This represents a 9.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 103,725 shares of company stock valued at $2,015,216. Corporate insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. SkyView Investment Advisors LLC boosted 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 worth $850,000 after buying an additional 1,401 shares in the last quarter. California State Teachers Retirement System lifted its holdings in shares of Extreme Networks by 1.4% in the second quarter. California State Teachers Retirement System now owns 122,067 shares of the technology company’s stock valued at $2,191,000 after purchasing an additional 1,626 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Extreme Networks by 6.6% in the first quarter. AQR Capital Management LLC now owns 34,375 shares of the technology company’s stock valued at $455,000 after purchasing an additional 2,122 shares during the last quarter. Bank of America Corp DE grew its position in shares of Extreme Networks by 0.9% in the second quarter. Bank of America Corp DE now owns 289,811 shares of the technology company’s stock valued at $5,202,000 after purchasing an additional 2,675 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of Extreme Networks by 0.6% during the 2nd quarter. Raymond James Financial Inc. now owns 492,756 shares of the technology company’s stock worth $8,845,000 after purchasing an additional 3,131 shares in the last quarter. Institutional investors and hedge funds own 91.05% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Rosenblatt Securities increased their price target on Extreme Networks from $20.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Lake Street Capital raised Extreme Networks from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a research report on Thursday, August 7th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Extreme Networks in a report on Wednesday, October 8th. UBS Group boosted their target price on Extreme Networks from $15.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Finally, Needham & Company LLC increased their price objective on Extreme Networks from $20.00 to $24.00 and gave the company a “buy” rating in a report on Thursday, August 7th. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Extreme Networks has a consensus rating of “Moderate Buy” and an average price target of $22.92.

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.