Extreme Networks (NASDAQ:EXTR) Issues Q3 2025 Earnings Guidance

Extreme Networks (NASDAQ:EXTR - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.160-0.200 for the period, compared to the consensus earnings per share 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.

Extreme Networks Trading Up 1.3 %

Shares of NASDAQ EXTR traded up $0.21 during midday trading on Friday, reaching $15.81. The company had a trading volume of 1,307,520 shares, compared to its average volume of 831,524. The firm's fifty day moving average price is $17.18 and its 200-day moving average price is $15.62. The company has a quick ratio of 0.63, a current ratio of 0.91 and a debt-to-equity ratio of 5.33. Extreme Networks has a one year low of $10.49 and a one year high of $19.24. The stock has a market cap of $2.09 billion, a PE ratio of -16.82, a price-to-earnings-growth ratio of 3.44 and a beta of 1.75.

Extreme Networks (NASDAQ:EXTR - Get Free Report) last issued its earnings results on Wednesday, January 29th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.07). Extreme Networks had a negative return on equity of 117.77% and a negative net margin of 11.98%. On average, equities research analysts anticipate that Extreme Networks will post 0.27 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Rosenblatt Securities increased their target price on shares of Extreme Networks from $21.00 to $22.00 and gave the stock a "buy" rating in a report on Thursday. Craig Hallum upped their target price on Extreme Networks from $17.00 to $22.50 and gave the company a "buy" rating in a report on Thursday, October 31st. B. Riley raised their price target on Extreme Networks from $18.00 to $21.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. StockNews.com raised shares of Extreme Networks from a "hold" rating to a "buy" rating in a research report on Thursday, December 19th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $20.00 target price on shares of Extreme Networks in a research note on Thursday. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Extreme Networks currently has an average rating of "Moderate Buy" and a consensus target price of $19.25.

Insider Buying and Selling

In other Extreme Networks news, Director Charles Carinalli sold 5,000 shares of the firm's stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $16.06, for a total transaction of $80,300.00. Following the completion of the transaction, the director now owns 371,793 shares of the company's stock, valued at approximately $5,970,995.58. This trade represents a 1.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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.