Extreme Networks, Inc. (NASDAQ: EXTR - Get Free Report) has earned an average recommendation of "Moderate Buy" from the eight analysts that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among

Federated Hermes Inc. decreased its holdings in shares of Extreme Networks, Inc. (NASDAQ: EXTR) by 21.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 956,039 shares of the technology company's stock after selling 254,191 shares during the quarter.

Extreme Networks (EXTR) is transitioning from hardware-centric to a recurring, cloud-driven business model, underpinned by Platform ONE. EXTR's recurring revenue base and deferred revenue are expanding, supporting long-term visibility and a more predictable financial profile. Despite hardware still driving topline, a shift toward subscriptions is expected to improve margins and justify a valuation rerating.

Extreme Networks is rated a buy, driven by its SaaS transition, 24% ARR growth, and competitive displacement opportunities amid industry consolidation. EXTR targets double-digit revenue growth and 100–200 bps gross margin expansion to 63% by FY2026, leveraging Platform ONE and full-stack adoption. Technical and fundamental modeling suggests up to 67% upside by 2026, supported by strong FCF, share buybacks, and a growing deferred revenue base.

Edgestream Partners L.P. reduced its position in Extreme Networks, Inc. (NASDAQ: EXTR) by 70.5% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,617 shares of the technology company's stock after selling 230,739 shares during the period. Edgestream Partners L.P. owned

Futures are trading higher this morning, as all the major indices once again closed lower on Tuesday, marking the fourth straight day of losses.

Ed Meyercord, Extreme Networks CEO, joins 'Fast Money' to talk how Extreme Networks is carving out an identity in this market.

Extreme Networks (EXTR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Y Intercept Hong Kong Ltd acquired a new stake in Extreme Networks, Inc. (NASDAQ: EXTR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 72,422 shares of the technology company's stock, valued at approximately $1,300,000. Y Intercept Hong Kong Ltd owned

Extreme Networks, Inc. (NASDAQ: EXTR - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the seven research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have assigned a buy recommendation to the company.