Extreme Networks (EXTR) Expected to Announce Quarterly Earnings on Wednesday

Extreme Networks (NASDAQ:EXTR) is expected to be issuing its Q3 2025 quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect Extreme Networks to post earnings of $0.19 per share and revenue of $280.32 million for the quarter. Extreme Networks has set its FY 2025 guidance at EPS and its Q3 2025 guidance at 0.160-0.200 EPS.

Extreme Networks (NASDAQ:EXTR) last posted its quarterly earnings data on Wednesday, January 29th. The technology company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.07). Extreme Networks had a negative return on equity of 110.86% and a negative net margin of 11.98%. 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 Price Performance

NASDAQ EXTR opened at $11.41 on Wednesday. The company has a market cap of $1.51 billion, a price-to-earnings ratio of -12.14, a PEG ratio of 3.06 and a beta of 1.57. The company has a debt-to-equity ratio of 3.34, a current ratio of 0.93 and a quick ratio of 0.68. The stock’s fifty day moving average price is $13.79 and its 200 day moving average price is $15.47. Extreme Networks has a 1 year low of $10.10 and a 1 year high of $19.24.

Extreme Networks declared that its Board of Directors has authorized a share repurchase plan on Tuesday, February 18th that permits the company to repurchase $200.00 million in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 9.2% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on EXTR shares. Lake Street Capital lifted their target price on Extreme Networks from $15.00 to $16.00 and gave the stock a “hold” rating in a report on Thursday, January 30th. Rosenblatt Securities lowered their price target on shares of Extreme Networks from $22.00 to $18.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price target on shares of Extreme Networks in a research report on Thursday, January 30th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $19.50.

Insider Activity at Extreme Networks

In other news, CEO Edward Meyercord sold 35,725 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $15.39, for a total transaction of $549,807.75. Following the sale, the chief executive officer now directly owns 1,478,941 shares of the company’s stock, valued at $22,760,901.99. This represents a 2.36 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 3.70% of the stock is owned by company insiders.

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.