Extreme Networks (EXTR) Expected to Release Quarterly Earnings on Wednesday

Extreme Networks (NASDAQ:EXTR) is expected to announce its Q4 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to post earnings of $0.29 per share and revenue of $332.4860 million for the quarter. Parties can find conference call details on the company’s upcoming Q4 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 8:00 AM ET.

Extreme Networks (NASDAQ:EXTR) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.24 by $0.02. The business had revenue of $316.87 million during the quarter, compared to analyst estimates of $311.48 million. Extreme Networks had a return on equity of 81.88% and a net margin of 1.30%.The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.21 earnings per share. On average, analysts expect Extreme Networks to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Extreme Networks Stock Up 0.1%

NASDAQ:EXTR opened at $29.99 on Wednesday. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.91 and a quick ratio of 0.78. The firm’s 50-day moving average price is $29.86 and its 200-day moving average price is $21.22. The company has a market capitalization of $3.92 billion, a PE ratio of 249.92, a P/E/G ratio of 1.84 and a beta of 1.77. Extreme Networks has a 1-year low of $13.48 and a 1-year high of $33.73.

Insider Activity

In other Extreme Networks news, insider Katayoun Motiey sold 30,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $31.03, for a total transaction of $930,900.00. Following the completion of the sale, the insider directly owned 120,834 shares in the company, valued at approximately $3,749,479.02. This trade represents a 19.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Edward Meyercord sold 100,000 shares of Extreme Networks stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $29.20, for a total transaction of $2,920,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,621,902 shares of the company’s stock, valued at $47,359,538.40. This trade represents a 5.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 592,182 shares of company stock valued at $15,423,978. Company insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On Extreme Networks

A number of hedge funds have recently added to or reduced their stakes in the company. Alyeska Investment Group L.P. lifted its position in Extreme Networks by 301.9% in the 4th quarter. Alyeska Investment Group L.P. now owns 2,971,718 shares of the technology company’s stock valued at $49,479,000 after acquiring an additional 2,232,373 shares in the last quarter. Jain Global LLC bought a new stake in shares of Extreme Networks in the 4th quarter worth $17,361,000. Millennium Management LLC increased its holdings in shares of Extreme Networks by 163.0% in the 1st quarter. Millennium Management LLC now owns 1,260,362 shares of the technology company’s stock worth $16,675,000 after purchasing an additional 781,103 shares in the last quarter. Southernsun Asset Management LLC raised its stake in shares of Extreme Networks by 46.9% in the fourth quarter. Southernsun Asset Management LLC now owns 1,970,886 shares of the technology company’s stock worth $32,815,000 after purchasing an additional 629,486 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Extreme Networks in the second quarter worth $11,265,000. 91.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on EXTR. Bank of America boosted their price objective on shares of Extreme Networks from $28.00 to $33.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. UBS Group set a $28.00 target price on shares of Extreme Networks in a research note on Thursday, April 30th. Wall Street Zen lowered shares of Extreme Networks from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Weiss Ratings raised Extreme Networks from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 6th. Finally, Lake Street Capital raised their price objective on Extreme Networks from $25.00 to $34.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Extreme Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.83.

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.