Extreme Networks (EXTR) News Today

Extreme Networks, Inc. (NASDAQ:EXTR) saw its shares rise today as multiple analysts raised ratings and price targets, the company issued slightly above-consensus Q1 guidance and hit a fresh 52-week high. Key developments driving the move include:

• Positive Sentiment: Lake Street Capital upgraded EXTR from a “hold” to a “buy” and set a $24.00 price objective, implying over 20% upside. Extreme Networks (NASDAQ:EXTR) Raised to Buy at Lake Street Capital
• Positive Sentiment: Needham & Company LLC lifted its price target on EXTR to $24.00 and reaffirmed a “buy” rating. Needham & Company LLC Raises Extreme Networks (NASDAQ:EXTR) Price Target to $24.00
• Positive Sentiment: Rosenblatt Securities increased its EXTR price target to $25.00 and maintained a “buy” rating. Rosenblatt Securities Increases Extreme Networks (NASDAQ:EXTR) Price Target to $25.00
• Positive Sentiment: Extreme Networks issued Q1 FY2026 guidance of $0.20–$0.23 EPS vs. a $0.198 consensus and revenue of $292–300 million vs. a $290.8 million consensus. Extreme Networks (NASDAQ:EXTR) Releases Q1 2026 Earnings Guidance
• Positive Sentiment: EXTR set a new 52-week high, underscoring continued investor demand. Extreme Networks (NASDAQ:EXTR) Sets New 52-Week High
• Neutral Sentiment: UBS Group raised its EXTR price objective from $15.00 to $21.00 but maintained a “neutral” rating. UBS Group Forecasts Strong Price Appreciation for Extreme Networks (NASDAQ:EXTR) Stock
• Neutral Sentiment: FY2026 revenue guidance was left roughly in line at about $1.2 billion, matching consensus expectations.
• Neutral Sentiment: Release of the Q4 2025 earnings call presentation provided additional detail but no major surprises. Extreme Networks, Inc. 2025 Q4 - Results - Earnings Call Presentation