B. Riley Decreases Earnings Estimates for Extreme Networks

Extreme Networks, Inc. (NASDAQ:EXTR) – B. Riley reduced their Q4 2025 earnings per share (EPS) estimates for Extreme Networks in a research note issued on Wednesday, January 29th. B. Riley analyst D. Kang now forecasts that the technology company will post earnings of $0.09 per share for the quarter, down from their prior estimate of $0.11. B. Riley currently has a “Buy” rating and a $21.00 target price on the stock. The consensus estimate for Extreme Networks’ current full-year earnings is $0.27 per share. B. Riley also issued estimates for Extreme Networks’ Q1 2026 earnings at $0.08 EPS and Q4 2026 earnings at $0.19 EPS.

Several other equities research analysts have also recently commented on EXTR. Rosenblatt Securities upped their price target on Extreme Networks from $21.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday. Needham & Company LLC restated a “buy” rating and issued a $20.00 price target on shares of Extreme Networks in a research report on Thursday. Craig Hallum lifted their price objective on Extreme Networks from $17.00 to $22.50 and gave the stock a “buy” rating in a research report on Thursday, October 31st. StockNews.com upgraded Extreme Networks from a “hold” rating to a “buy” rating in a research report on Thursday, December 19th. Finally, Lake Street Capital lifted their price target on Extreme Networks from $15.00 to $16.00 and gave the company a “hold” rating in a report on Thursday. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Extreme Networks presently has an average rating of “Moderate Buy” and a consensus target price of $20.30.

Extreme Networks Price Performance

Shares of NASDAQ EXTR opened at $15.81 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.63 and a debt-to-equity ratio of 5.33. Extreme Networks has a twelve month low of $10.49 and a twelve month high of $19.24. The stock has a 50 day moving average of $17.18 and a two-hundred day moving average of $15.63. The stock has a market cap of $2.09 billion, a P/E ratio of -16.82, a P/E/G ratio of 3.44 and a beta of 1.75.

Extreme Networks (NASDAQ:EXTR) last announced its quarterly earnings results on Wednesday, January 29th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). Extreme Networks had a negative net margin of 11.98% and a negative return on equity of 117.77%.

Insider Buying and Selling

In other Extreme Networks news, Director Charles Carinalli sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $16.70, for a total value of $83,500.00. Following the transaction, the director now directly owns 366,793 shares of the company’s stock, valued at $6,125,443.10. This represents a 1.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 3.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Extreme Networks

A number of institutional investors have recently made changes to their positions in the company. New York State Common Retirement Fund increased its holdings in shares of Extreme Networks by 1,639.7% in the 4th quarter. New York State Common Retirement Fund now owns 625,678 shares of the technology company’s stock valued at $10,474,000 after acquiring an additional 589,713 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Extreme Networks by 4.4% in the 4th quarter. Principal Financial Group Inc. now owns 642,531 shares of the technology company’s stock valued at $10,756,000 after acquiring an additional 26,853 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of Extreme Networks by 1.3% in the 4th quarter. Rhumbline Advisers now owns 372,591 shares of the technology company’s stock valued at $6,237,000 after acquiring an additional 4,610 shares during the last quarter. Legato Capital Management LLC increased its holdings in shares of Extreme Networks by 225.2% in the 4th quarter. Legato Capital Management LLC now owns 107,948 shares of the technology company’s stock valued at $1,807,000 after acquiring an additional 74,758 shares during the last quarter. Finally, Louisiana State Employees Retirement System grew its stake in Extreme Networks by 1.4% during the 4th quarter. Louisiana State Employees Retirement System now owns 63,900 shares of the technology company’s stock worth $1,070,000 after buying an additional 900 shares during the last quarter. 91.05% of the stock is currently owned by institutional investors.

Extreme Networks Company Profile

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.