Extreme Networks (EXTR) to Release Quarterly 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 issued its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. The company had revenue of $310.25 million for the quarter, compared to analyst estimates of $295.72 million. Extreme Networks had a net margin of 0.73% and a return on equity of 81.83%. Extreme Networks’s revenue was up 15.2% compared to the same quarter last year. During the same period last year, the company posted $0.17 earnings per share. 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

Shares of NASDAQ:EXTR opened at $15.02 on Wednesday. The firm has a 50 day moving average of $16.89 and a 200 day moving average of $18.81. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 2.32. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 214.57, a price-to-earnings-growth ratio of 1.77 and a beta of 1.64. Extreme Networks has a 52 week low of $10.10 and a 52 week high of $22.89.

Insider Transactions at Extreme Networks

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of Extreme Networks during the 3rd quarter valued at approximately $31,000. Quarry LP grew its position in Extreme Networks by 74.9% during the third quarter. Quarry LP now owns 2,610 shares of the technology company’s stock valued at $54,000 after buying an additional 1,118 shares during the period. Quadrant Capital Group LLC purchased a new position in Extreme Networks in the third quarter valued at $91,000. Wexford Capital LP acquired a new position in shares of Extreme Networks in the third quarter worth about $95,000. Finally, Globeflex Capital L P acquired a new position in shares of Extreme Networks in the second quarter worth about $102,000. 91.05% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on EXTR shares. Wall Street Zen lowered Extreme Networks from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Needham & Company LLC reiterated a “buy” rating and issued a $24.00 target price on shares of Extreme Networks in a report on Monday, November 24th. Rosenblatt Securities reissued a “buy” rating and set a $25.00 price target on shares of Extreme Networks in a research report on Tuesday, November 11th. Weiss Ratings cut shares of Extreme Networks from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday. Finally, B. Riley reiterated a “buy” rating on shares of Extreme Networks in a research note on Thursday, October 30th. Six equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $23.83.

Extreme Networks Company Profile

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.