Several brokerages have updated their recommendations and price targets on shares of Extreme Networks (NASDAQ: EXTR) in the last few weeks:
- 10/29/2026 – Extreme Networks was given a new $32.00 price target by UBS Group.
- 10/29/2026 – Extreme Networks had its “buy” rating reaffirmed by Craig Hallum.
- 10/29/2026 – Extreme Networks had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $38.00 price target on the stock.
- 10/28/2026 – Extreme Networks had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $35.00 price target on the stock.
- 10/22/2026 – Extreme Networks had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $38.00 price target on the stock.
- 10/16/2026 – Extreme Networks was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
- 10/2/2026 – Extreme Networks was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
Insider Activity at Extreme Networks
In related news, CFO Kevin Rhodes sold 21,825 shares of Extreme Networks stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $22.30, for a total transaction of $486,697.50. Following the completion of the sale, the chief financial officer owned 196,803 shares in the company, valued at approximately $4,388,706.90. This trade represents a 9.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Edward Meyercord sold 50,000 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $21.77, for a total value of $1,088,500.00. Following the transaction, the chief executive officer directly owned 1,710,097 shares in the company, valued at approximately $37,228,811.69. This represents a 2.84% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.20% of the company’s stock.
Extreme Networks, Inc develops networking solutions that help organizations connect, manage and secure users, devices and applications across campus, data center and distributed environments. Its portfolio includes wired and wireless network infrastructure, Ethernet switches, access points, software-defined wide-area networking (SD-WAN), network access control and cloud-based network management.
The company’s ExtremeCloud platform supports centralized monitoring, configuration, analytics and automation for network operations.
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