Extreme Networks (NASDAQ:EXTR) Issues Q2 2025 Earnings Guidance

Extreme Networks (NASDAQ:EXTR) updated its second 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 $273.0 million-$283.0 million. Extreme Networks also updated its FY 2025 guidance to EPS.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on EXTR shares. Needham & Company LLC restated a “buy” rating and issued a $16.50 target price on shares of Extreme Networks in a research note on Thursday, August 8th. B. Riley boosted their price target on shares of Extreme Networks from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Thursday. Craig Hallum raised their price objective on shares of Extreme Networks from $17.00 to $22.50 and gave the stock a “buy” rating in a report on Thursday. Finally, Rosenblatt Securities boosted their target price on Extreme Networks from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Thursday. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $19.00.

Extreme Networks Price Performance

Shares of EXTR stock traded up $0.16 during trading hours on Friday, reaching $15.09. 1,441,871 shares of the company were exchanged, compared to its average volume of 1,870,505. Extreme Networks has a fifty-two week low of $10.49 and a fifty-two week high of $18.77. The company has a debt-to-equity ratio of 5.33, a current ratio of 0.91 and a quick ratio of 0.63. The stock’s fifty day moving average is $14.88 and its two-hundred day moving average is $13.29. The company has a market cap of $1.99 billion, a price-to-earnings ratio of -15.56, a P/E/G ratio of 3.67 and a beta of 1.76.

Extreme Networks (NASDAQ:EXTR) last released its earnings results on Wednesday, August 7th. The technology company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.21). The firm had revenue of $256.65 million for the quarter, compared to the consensus estimate of $253.21 million. Extreme Networks had a negative return on equity of 80.55% and a negative net margin of 12.11%. The company’s revenue was down 29.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.24 EPS. Sell-side analysts forecast that Extreme Networks will post 0.25 earnings per share for the current fiscal year.

Insider Activity at Extreme Networks

In other Extreme Networks news, CEO Edward Meyercord sold 35,725 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $14.75, for a total transaction of $526,943.75. Following the completion of the sale, the chief executive officer now owns 1,448,378 shares in the company, valued at approximately $21,363,575.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.70% of the stock is currently 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.