Extreme Networks (NASDAQ:EXTR – Get Free Report) updated its third quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.160-0.200 for the period, compared to the consensus EPS estimate of 0.180. The company issued revenue guidance of $276.0 million-$284.0 million, compared to the consensus revenue estimate of $279.2 million. Extreme Networks also updated its FY 2025 guidance to EPS.
Wall Street Analyst Weigh In
EXTR has been the topic of several recent analyst reports. StockNews.com upgraded shares of Extreme Networks from a “hold” rating to a “buy” rating in a research note on Thursday, December 19th. Craig Hallum lifted their target price on shares of Extreme Networks from $17.00 to $22.50 and gave the company a “buy” rating in a research note on Thursday, October 31st. B. Riley increased their price target on Extreme Networks from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $21.00 price objective on shares of Extreme Networks in a research report on Wednesday, November 6th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $19.00.
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Extreme Networks Stock Performance
Insider Activity
In other Extreme Networks news, Director Charles Carinalli sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $16.70, for a total transaction of $83,500.00. Following the sale, the director now directly owns 366,793 shares in the company, valued at approximately $6,125,443.10. This trade represents a 1.34 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Edward Meyercord sold 35,725 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $14.96, for a total transaction of $534,446.00. Following the completion of the transaction, the chief executive officer now owns 1,448,378 shares of the company’s stock, valued at $21,667,734.88. This trade represents a 2.41 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 45,725 shares of company stock valued at $698,246 over the last 90 days. 3.70% of the stock is owned by company insiders.
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.
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