Extreme Networks (EXTR) to Release Quarterly Earnings on Wednesday

Extreme Networks (NASDAQ:EXTR) is projected to release its Q4 2025 earnings data before the market opens on Wednesday, August 6th. Analysts expect Extreme Networks to post earnings of $0.22 per share and revenue of $299.88 million for the quarter.

Extreme Networks Stock Up 4.6%

Shares of NASDAQ EXTR opened at $18.07 on Tuesday. The firm has a fifty day simple moving average of $17.28 and a two-hundred day simple moving average of $15.46. Extreme Networks has a 12 month low of $10.10 and a 12 month high of $19.24. The company has a current ratio of 0.93, a quick ratio of 0.70 and a debt-to-equity ratio of 2.33. The firm has a market capitalization of $2.41 billion, a PE ratio of -44.07, a price-to-earnings-growth ratio of 2.03 and a beta of 1.75.

Insider Buying and Selling

In related news, CEO Edward Meyercord sold 35,725 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $17.18, for a total transaction of $613,755.50. Following the completion of the sale, the chief executive officer owned 1,541,282 shares of the company’s stock, valued at $26,479,224.76. This trade represents a 2.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Raj Khanna sold 2,027 shares of the business’s stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $17.43, for a total transaction of $35,330.61. Following the completion of the transaction, the director owned 231,708 shares of the company’s stock, valued at approximately $4,038,670.44. The trade was a 0.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 81,450 shares of company stock worth $1,436,774. Insiders own 3.70% of the company’s stock.

Institutional Trading of Extreme Networks

Institutional investors and hedge funds have recently modified their holdings of the business. AQR Capital Management LLC lifted its holdings in shares of Extreme Networks by 6.6% during 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Extreme Networks by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 76,723 shares of the technology company’s stock valued at $1,015,000 after acquiring an additional 3,349 shares during the period. Royal Bank of Canada lifted its holdings in Extreme Networks by 20.8% in the first quarter. Royal Bank of Canada now owns 73,610 shares of the technology company’s stock valued at $974,000 after acquiring an additional 12,667 shares during the period. Strs Ohio purchased a new position in Extreme Networks in the first quarter worth about $176,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Extreme Networks by 7.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 319,434 shares of the technology company’s stock valued at $4,226,000 after purchasing an additional 22,209 shares during the period. Institutional investors own 91.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Lake Street Capital decreased their price target on shares of Extreme Networks from $16.00 to $15.00 and set a “hold” rating for the company in a research note on Thursday, May 1st. Needham & Company LLC reiterated a “buy” rating and set a $20.00 target price on shares of Extreme Networks in a report on Thursday, May 15th. UBS Group decreased their target price on Extreme Networks from $16.50 to $15.00 and set a “neutral” rating for the company in a research report on Thursday, May 1st. Wall Street Zen upgraded Extreme Networks from a “buy” rating to a “strong-buy” rating in a research report on Thursday, May 22nd. Finally, Rosenblatt Securities increased their price objective on Extreme Networks from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, June 13th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $18.92.

About Extreme Networks

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.