Extreme Networks Inc (EXTR)

Currency in USD
33.71
+0.84(+2.56%)
Closed·
33.87+0.16(+0.48%)
·
Trading near 52-week High
EXTR is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
32.4033.73
52 wk Range
13.4833.73
Key Statistics
Prev. Close
32.87
Open
32.42
Day's Range
32.4-33.73
52 wk Range
13.48-33.73
Volume
2.38M
Average Volume (3m)
2.57M
1-Year Change
94.9682%
Book Value / Share
0.59
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
EXTR Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
29.06
Downside
-13.79%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings upwards for the upcoming period

Extreme Networks Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

7 Buy
1 Hold
0 Sell
Ratings:
8 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 29.06
(-13.79% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Lake Street
Buy34.00+0.86%25.00Maintain15-06-2026
Rosenblatt
Buy39.00+15.69%29.00Maintain11-06-2026
BofA Securities
Buy28.00-16.94%24.00Maintain06-05-2026
UBS
Hold22.50-33.25%17.00Maintain30-04-2026
B.Riley
Buy28.00-16.94%26.00Maintain30-04-2026

Extreme Networks Inc Earnings Call Summary for Q3/2026

  • Extreme Networks Q3 2026 revenue hit $317M (+11% YoY), EPS $0.26 beat forecast of $0.24; stock surged 5.51% pre-market to $17.99
  • Fifth consecutive quarter of double-digit revenue growth; SaaS ARR jumped 29%, gross margins improved to 62.3%, operating margin at 15.2%
  • Product revenue increased 12% YoY, demonstrating successful enterprise customer base expansion and strong market positioning
  • FY2026-27 revenue guidance set at $1.27B and $1.36B respectively; Q4 EPS forecast ranges $0.28-$0.32, signaling continued growth trajectory
  • CEO Meyercord emphasized sustainable growth confidence; risks include supply chain disruptions, competition from Cisco, and economic uncertainties
Last Updated: 29-04-2026, 06:34 pm
Read Full Transcript

Earnings

Latest Release
29-04-2026
EPS / Forecast
0.26 / 0.24
Revenue / Forecast
316.9M / 311.48M
EPS Revisions
Last 90 days

EXTR Income Statement

Compare EXTR to Peers and Sector

Metrics to compare
EXTR
Peers
Sector
Relationship
P/E Ratio
270.9x35.4x12.7x
PEG Ratio
2.090.500.01
Price/Book
55.8x27.7x2.4x
Price / LTM Sales
3.5x10.8x2.4x
Upside (Analyst Target)
−19.9%49.9%29.2%
Fair Value Upside
Unlock−9.0%5.4%Unlock

Extreme Networks, Inc., together with its subsidiaries, develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers ExtremeCloud IQ, an ML/AI powered, wired and wireless cloud network management solution that offers advanced visibility and control over users, devices, and applications; ExtremeCloud IQ-Site Engine, which provides task automation, access control, granular visibility with real-time analytics and multi-vendor device management; and ExtremeCloud IQ Essentials that offers wireless intrusion prevention system, location services, and guest management services. It also provides wireless local area networks access point products; wired for edge, campus, and data center solutions through Extreme Switching that offers access edge products, such as connection speeds for physical presentations along with options to deliver Ethernet or convergence-friendly power-over-ethernet; and ExtremeCloud SD-WAN, a software-defined wide area networks solution offering an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, support and maintenance, and customer success support; and ExtremeCloud Universal ZTNA, a network access security solution. In addition, the company offers cloud native platforms and applications; and customer services and support, including post-sale support, consultative, customized training and operational manuals, and education classes. It serves mid-market and enterprise customers, as well as service providers in the sports and entertainment venues, hospitality, retail, transportation and logistics, education, government, healthcare, and manufacturing industries. The company sells its products through original equipment manufacturers and strategic relationships, distributors, resellers, and field sales. Extreme Networks, Inc., was incorporated in 1996 and is headquartered in Morrisville, North Carolina.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
64.93M49.65%2.19B
Other Institutional Investors
63.59M48.63%2.14B
Public Companies & Retail Investors
2.25M1.72%75.87M
Total
130.78M100.00%4.41B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.15.44%2,01,89,8826,80,601
Vanguard Portfolio Management, LLC10.38%1,35,75,2584,57,622

FAQ

What Is the Extreme (EXTR) Share Price Today?

The Extreme share price today is 33.71.

What is the current Extreme (EXTR) share price and day range?

As of 12-07-2026, the Extreme share price is 33.71, with a previous close of 32.87. The share price has ranged from 32.40 to 33.73 today, while the 52-week range spans from 13.48 to 33.73.

What Is the Extreme Market Cap?

As of today, Extreme market cap is 4.41B.

What Is the Extreme (EXTR) Share Price Target?

The average 12-month share price target for Extreme is 29.06, with a high estimate of 39 and a low estimate of 22.5. 7 analysts recommend buying, while 0 suggest selling, with an overall rating of Strong Buy and -13.79% Downside potential.

What Is Extreme's Earnings Per Share (TTM)?

The Extreme EPS (TTM) is 0.12.

When Is the Next Extreme Earnings Date?

Extreme will release its next earnings report on 05-08-2026.

From a Technical Analysis Perspective, Is EXTR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

What Stock Exchange Does Extreme Trade On?

Extreme is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Extreme?

The stock symbol for Extreme is "EXTR."

How Many Times Has Extreme Stock Split?

Extreme has split 1 times.

How Many Employees Does Extreme Have?

Extreme has 2811 employees.

What Is the EXTR Premarket Price?

EXTR's last pre-market stock price is 33.14. The pre-market share volume is 6,270.00, and the stock has changed by 0.27, or 0.82%.

What Is the EXTR After Hours Price?

EXTR's last after hours stock price is 33.87, the stock has changed by 0.16, or 0.48%.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.