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Extreme Networks Inc (EXTR)

US · Technology · Communication Equipment

$24.03+14.16%
Last close · 2026-11-06

Latest quarter · ended 2026-09-30

Revenue
$341.1M
Revenue YoY
+9.9%
Net profit
$16.0M
Profit YoY
+184.8%
EPS
$0.21
EPS estimate
$0.15
Net margin
4.7%

EPS came in at 0.21 against a street estimate of 0.15 — a beat of 40.0%.

Key statistics

Market cap
$2.92B
P/E
57.2
Forward P/E
16.3
P/B
33.71
Book value
$0.67
EPS (TTM)
$0.39
52-week high
$33.73
52-week low
$13.47
50-day MA
$22.48
200-day MA
$22.05
Beta
1.87

Analyst view

Analysts rate Extreme Networks Inc a strong buy (7 buy, 1 hold, 0 sell out of 8) with an average price target of $33.62.

From the latest earnings call · 2026-10-28

CONFIDENT Extreme Networks delivered strong growth and profitability, raised FY27 revenue guidance to 10% growth, and highlighted accelerating Platform ONE adoption and competitive wins. Q1 FY27 Asia Pacific revenue declined against elevated prior-year comparisons, although management reported large wins and a strong funnel. Analysts focused on memory costs, Platform ONE adoption, monetization of AI products, funnel strength and competitive displacement. Management emphasized secured supply, pricing flexibility, faster platform adoption and continued share gains. 2026-10-28…

Full summary in the app.

Shareholding

Insiders
3.13%
Institutions
101.69%

Largest institutional holders

FundStake
BlackRock Inc15.77%
Vanguard Portfolio Management, LLC9.71%
State Street Corp4.64%
Vanguard Capital Management, LLC4.30%
T. Rowe Price Associates, Inc.4.03%
Paradigm Capital Management, Inc.3.21%
FMR Inc2.66%
Geode Capital Management, LLC2.58%

Recent filings & reports

DocumentDate
Quarterly report · Q1 FY2027
HEADLINE NUMBERS • Q1 fiscal 2027 revenue was $341.094 million, up from $310.245 million in Q1 fiscal 2026, a 10% increase. • Net income was $15.979
2026-10-29
Results announced · Q2 FY2027
HEADLINE NUMBERS • Q1 FY2027 revenue was $341.1 million, up 10% year-over-year, marking seven consecutive quarters of double-digit growth. • SaaS AR
2026-10-28
Proxy statement · Q1 FY2027
EXTREME NETWORKS, INC. — 2026 PROXY STATEMENT SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Elect seven directors for one-year terms: Ingrid
2026-09-18
Current report · Q1 FY2027
EXTREME NETWORKS, INC. — 8-K FILING SUMMARY HEADLINE NUMBERS • Effective Date: August 21, 2026 • Company: Extreme Networks, Inc. (Ticker: EXTR, NASD
2026-08-26
Annual report FY2026
EXTREME NETWORKS, INC. - 10-K SUMMARY (FISCAL YEAR ENDED JUNE 30, 2026) HEADLINE NUMBERS • Market capitalization: approximately $1.5 billion as of D
2026-08-17
Results announced · Q1 FY2027
EXTREME NETWORKS, INC. – FINANCIAL SUMMARY HEADLINE NUMBERS • FY2026 Revenue: $1,283.6 million, up 12.6% year-over-year • FY2026 Product Revenue: $8
2026-08-05
Material agreement · Q1 FY2027
EXTREME NETWORKS, INC. – 8-K SUMMARY HEADLINE NUMBERS • New revolving credit facility: $500 million across 5 years, replacing prior agreement dated
2026-07-30
Quarterly report · Q3 FY2026
EXTREME NETWORKS, INC. — FORM 10-Q SUMMARY Quarterly Period Ended March 31, 2026 --- HEADLINE NUMBERS • Total net revenues (9 months): $945.0 milli
2026-04-30

Readable in the app.

Deals & corporate news

AnnouncementDate
Company calls for 10% growth next quarter and throughout the fiscal year
Extreme Networks reported a strong fiscal Q1 2027. Revenue was $341.1 million, up 10% year over year, marking seven consecutive quarters of double-digit growth. SaaS annual recurring revenue
2026-10-28
FY27 outlook: double-digit product revenue growth and solid gross margin expected
Extreme Networks reported strong fiscal year 2026 results with 12.6% revenue growth to $1.28 billion and continued momentum into FY27. Key highlights: Q4 revenue reached $338.6 million (up 1
2026-08-05
Returned $50 million to shareholders through accelerated share repurchase
Extreme Networks reported strong Q3 fiscal 2026 results with revenue of $316.9 million, up 11% year-over-year. The company achieved its fifth consecutive quarter of double-digit growth. Most
2026-04-29
Q2 FY2026 results exceed expectations; fiscal 2026 revenue outlook raised
Extreme Networks reported strong Q2 fiscal 2026 results with revenue of $317.9 million, up 14% year-over-year—marking seven consecutive quarters of sequential growth. The company is gaining
2026-01-28
Detailed full fiscal year 2026 financial outlook provided at Investor Day
Extreme Networks released detailed financial guidance for fiscal year 2026 (ending June 30, 2026) at its Investor Day on November 10, 2025. The company projects total net revenue between $1.
2025-11-10

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Data updated 2026-11-07.