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

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

Extreme Networks Stock Up 1.1 %

Extreme Networks stock opened at $15.09 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.63 and a debt-to-equity ratio of 5.33. The firm’s fifty day moving average price is $14.88 and its two-hundred day moving average price is $13.32. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of -15.56, a price-to-earnings-growth ratio of 3.67 and a beta of 1.76. Extreme Networks has a 1-year low of $10.49 and a 1-year high of $18.77.

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

Wall Street Analysts Forecast Growth

EXTR has been the subject of several analyst reports. B. Riley increased their target price on shares of Extreme Networks from $18.00 to $21.00 and gave the company a “buy” rating in a report on Thursday. Rosenblatt Securities lifted their price objective on shares of Extreme Networks from $17.00 to $21.00 and gave the stock a “buy” rating in a research report on Thursday. StockNews.com upgraded shares of Extreme Networks from a “hold” rating to a “buy” rating in a research note on Friday. Needham & Company LLC restated a “buy” rating and set a $16.50 price target on shares of Extreme Networks in a research note on Thursday, August 8th. Finally, Craig Hallum upped their price objective on Extreme Networks from $17.00 to $22.50 and gave the company a “buy” rating in a research note on Thursday. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Extreme Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.00.

Insiders Place Their Bets

In related news, Director Raj Khanna sold 10,000 shares of the stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $16.53, for a total transaction of $165,300.00. Following the sale, the director now owns 228,733 shares of the company’s stock, valued at approximately $3,780,956.49. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CEO Edward Meyercord sold 35,725 shares of the business’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $14.75, for a total transaction of $526,943.75. Following the completion of the transaction, the chief executive officer now directly owns 1,448,378 shares in the company, valued at $21,363,575.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Raj Khanna sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $16.53, for a total value of $165,300.00. Following the completion of the sale, the director now directly owns 228,733 shares in the company, valued at approximately $3,780,956.49. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 117,175 shares of company stock worth $1,763,279 over the last 90 days. Corporate insiders own 3.70% of the company’s stock.

Extreme Networks Company Profile

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.