Insider buying last 90 days
No open-market insider purchases were filed for EXTR in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every EXTR insider filing, plotted on the chart in Gekko.Open EXTR in Gekko
NASDAQ: EXTR
Extreme Networks (EXTR) Stock Analysis & Forecast
Oct 12 close
$23.55−0.64 (−2.6%)
Gekko Brief
AI summaryOct 12 closeExtreme Networks this week draws attention for a Wi-Fi 7 stadium deployment with Bayer 04 Leverkusen at BayArena, part of a broader narrative around its Platform ONE AI push and channel-partner growth that the company says has driven a 36% increase in large enterprise opportunities. This follows fiscal Q4 and full-year FY26 results, which showed 13% year-over-year revenue growth and 26% EPS growth, with Q4 EPS of $0.32 beating consensus. Analyst commentary has accompanied the news flow, with a median 12-month price target cited at USD 34 by one tracking firm, alongside a separate consensus target noted at $33.50 implying 42.3% upside.
EXTR closed at $23.55, down 2.6%, but remains above its 50-day average of $23.13 and 200-day average of $21.61. The GekkoIndex reads 53.7, placing the stock in the Neutral zone. Gap to Gekko Fair Value stands at -6.2%, with fair value estimated at $25.10.
Over the next 20 trading days, the main item is the first-quarter fiscal 2027 earnings report due 28 October 2026, before the open, 16 days away, which falls inside a typical holding window and follows a quarter where EPS beat estimates 6 of 8 times, with an average absolute reaction of 11.9%. No insider, Congress, or options signals appear in their respective windows. Seasonally, the next 20 sessions have averaged a 1.9% gain over 5 years, rising in 3 of them, a pattern worth noting given the upcoming print.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
Extreme Networks price vs fair value
Close $23.55200-day averageGekko Fair Value $25.10
Extreme Networks quick facts
- Market cap
- $3.08B
- P/E ratio
- 78
- Forward P/E
- 16.2
- EPS, TTM
- $0.31
- Revenue, TTM
- $1.28B
- Profit margin
- 3.3%
- Dividend yield
- —
- Beta
- 1.76
- Volume
- 1.10M avg 1.54M
- 1-year return
- +12.6%
- Typical daily move
- ±3.5%
- Typical 20-day move
- ±9%
- 50-day average
- $23.13
- 200-day average
- $21.61
- Next earnings
- Oct 28 before open
- Shares outstanding
- 132.2M
Extreme Networks swing-trade checklist
Extreme Networks scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
- Trendsupportive
Above 50 and 200-day
Close $23.55 is above the 50-day ($23.13) and 200-day ($21.61) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexmixed
53.7, Neutral
Reading 53.7 is in the Neutral zone.
See the GekkoIndex - Fair valuesupportive
6.2% below
Price is 6.2% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 16 days
Reports on Oct 28, 2026, 16 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+1.9% on average
From this point in the calendar, the next 20 trading days averaged +1.9% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Extreme Networks stock chart and price history
Extreme Networks closed at $23.55 on Oct 12, 2026, +12.6% over the past year, inside a 52-week range of $13.48 to $33.73.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +6.1%
- 3 months
- −28.7%
- 6 months
- +33.5%
- 1 year
- +12.6%
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About Extreme Networks
Extreme Networks builds software-based networking systems, covering both the physical equipment and the programs that run it. Its offerings span wired and wireless infrastructure gear alongside tools for managing networks, enforcing policy, analyzing data, and handling security and access control. Among its best-known offerings is a cloud-based management platform that uses machine learning to give visibility and control over the users, devices, and applications connecting to a network, supported by companion tools for automation, analytics, and device management across multiple vendors, plus features such as intrusion detection, location tracking, and guest access handling.
On the hardware side, the company produces wireless access points and a switching lineup that includes edge devices with various power options, switches for core network backbones, and equipment built for data centers. It also builds cloud-native platforms for service providers and backs its products with support and professional services. Customers reach Extreme Networks through distributors, resellers, and direct sales teams, and its products serve organizations in healthcare, education, government, manufacturing, retail, and hospitality.
Extreme Networks was incorporated in 1996 and is headquartered in Morrisville, North Carolina. Its shares are listed on the NASDAQ under the ticker EXTR.
- Listed
- NASDAQ
- Sector
- Electronic technology
- Industry
- Computer peripherals
- Website
- extremenetworks.com
Extreme Networks GekkoIndex: the smart money zone
Extreme Networks’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 53.7, in the Neutral zone, up 0.8 points over five sessions.
53.7Neutral
Up 0.8 points over five sessions.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days |
|---|---|---|---|
| Buying | 50 | −0.6% | −0.7% |
| Accumulation | 235 | +0.3% | −1.4% |
| Neutral (current zone) | 331 | +1.2% | +4.3% |
| Distribution | 56 | −0.1% | +12.5% |
| Selling | 10 | −8.3% | −26.9% |
Average EXTR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the EXTR price, zone by zone.Track EXTR in Gekko
Is Extreme Networks stock overvalued? Gekko Fair Value
Extreme Networks trades 6.2% below Gekko Fair Value of $25.10, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Extreme Networks shares are worth, recalculated every trading day.
$25.10
Gekko Fair Value, Oct 10, 2026
6.2% Undervalued
At the end of Aug 2026 the price was 28.9% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open EXTR in Gekko
Extreme Networks insider and Congress trading
No open-market insider purchases were filed for Extreme Networks, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in EXTR were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for EXTR, plotted on the chart in Gekko.Open EXTR in Gekko
Buybacks
Extreme Networks has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $25.00M
- As a share of market cap
- 0.81%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds EXTR.
1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Extreme Networks earnings: next date and track record
Extreme Networks reports on Oct 28, 2026, before the open (16 days away), and beat the EPS estimate in 6 of its last 8 reports.
Next earnings report
Oct 28, 2026
Expected before the open, 16 days away
- EPS estimate
- $0.28
- Revenue estimate
- $336.8M
6 of 8reports beat the EPS estimate
±11.9%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 5, 2026 AI summary
- What they said
- Extreme Networks reported strong fiscal Q4 and full-year FY26 results, including 13% year-over-year revenue growth and 26% EPS growth for the year. Q4 revenue was $339 million (10% y/y, 7% sequential), SaaS ARR was $244 million (up 18% y/y), gross margin improved to 62.7%, and EPS of $0.32 beat consensus. Management emphasized product innovation (Platform ONE, enterprise Fabric, Wi‑Fi 7, Multi-Beam Wireless), upmarket wins (187 customers > $1M; average deal size up ~33%), and a secured supply chain with visibility into fiscal 2028. They highlighted continued product demand, Wi‑Fi 7 adoption driving wireless bookings, and Platform ONE progress with feature releases and strong bookings. During Q&A management reiterated a 10% product revenue growth target (visibility), expects SaaS ARR growth to reaccelerate to mid-20% by year-end, and guided gross margins around 62.5% (Q1/near term target). Management stressed operational execution, channel expansion to support larger deals, and ongoing price increase capture while balancing discounting and competitiveness.
- Guidance
- Product revenue growth target: ~10% year-over-year (management 'visibility' for the year). Gross margin near-term guide: ~62.5% (Q1/ongoing target). SaaS ARR: expected to reaccelerate to mid-20% growth by the end of the fiscal year. Supply chain visibility secured into fiscal 2028 (operational guidance).
- Risks flagged
- Industry-wide supply chain constraints and competitor lead-time elongation (company cites as an industry risk but says they have solved it for themselves). Transition risk from declining traditional break-fix services to subscription (Platform ONE) may temporarily depress services revenue and create comparative timing effects. Pricing sensitivity in networking equipment and the need to balance price increases with demand. Tough year-over-year comparables (large FY25 ARR wins). Professional services mix and installation complexity can pressure margins.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 5, 2026 | $0.19 est $0.16 | $338.5M est $332.5M | −24.8% |
| Apr 29, 2026 | $0.26 est $0.24 | $316.9M est $311.5M | +29.6% |
| Jan 28, 2026 | $0.26 est $0.24 | $317.9M est $312.3M | −2.2% |
| Oct 29, 2025 | $0.22 est $0.22 | $310.2M est $306.6M | −12.9% |
| Aug 6, 2025 | $0.25 est $0.22 | $307.0M est $293.8M | +12.8% |
| Apr 30, 2025 | $0.21 est $0.19 | $284.5M est $299.8M | +3.7% |
| Jan 29, 2025 | $0.21 est $0.18 | $279.4M est $278.1M | −4.0% |
| Oct 30, 2024 | −$0.08 est $0.02 | $269.2M est $260.6M | +5.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Extreme Networks stock forecast and analyst price targets
Analysts’ average 12-month price target for Extreme Networks is $33.50, +42.3% from the last close, from 6 firms rating the stock in the last 90 days.
$33.50consensus 12-month target, +42.3% from the last close
Now $23.55Avg $33.50
Low $28High $38
Each firm’s latest rating in the last 90 days: 6 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 20 | UBS | $28 | +18.9% |
| Aug 6 | Oppenheimer | $35 | +48.6% |
| Aug 6 | B. Riley Securities | $34 | +44.4% |
| Aug 6 | Craig-Hallum | $31 | +31.6% |
| Aug 6 | Needham | $35 | +48.6% |
+4.3%average 20-day move after past Neutral readings
+1.9%average move over the next 20 trading days in the last 5 years
±3.5%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Extreme Networks seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, Extreme Networks averaged +1.9% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −1.1% | 2 of 5 |
| Next 10 trading days | −1.1% | 2 of 5 |
| Next 15 trading days | +3.5% | 3 of 5 |
| Next 20 trading days | +1.9% | 3 of 5 |
| Next 30 trading days | +5.1% | 2 of 5 |
For scale, EXTR’s typical 20-trading-day move in either direction is about 9%.
Extreme Networks market cap and key statistics
Extreme Networks’s market cap is $3.08B, with a P/E ratio of 78 and revenue of $1.28B over the last twelve months.
Valuation
- Market cap
- $3.08B
- P/E ratio
- 78
- Forward P/E
- 16.2
- EPS, TTM
- $0.31
- Gekko Fair Value
- $25.10
Trading
- Volume
- 1.10M
- Avg volume, 20 days
- 1.54M
- 52-week high
- $33.73
- 52-week low
- $13.48
- Shares outstanding
- 132.2M
Financials
- Revenue, TTM
- $1.28B
- Profit margin
- 3.3%
- Return on equity
- 54.6%
- Quarterly earnings growth, YoY
- +206.4%
Risk and income
- Beta
- 1.76
- Typical daily move
- ±3.5%
- Typical 20-day move
- ±9%
Extreme Networks stock news this week
Coverage of Extreme Networks this week reads positive: 5 positive, 2 neutral and 0 negative headlines.
- Bayer 04 Leverkusen Debuts Germany’s First Wi-Fi 7 Football Stadium, Powered by Extreme NetworksTECHNOLOGY RESELLER, Oct 12
- Here's How Much $1000 Invested In Extreme Networks 10 Years Ago Would Be Worth TodayBenzinga, Oct 8
- Extreme Networks Q4 2026 Earnings Call TranscriptBenzinga, Oct 8
- Extreme Networks sets results date as analysts rate Extreme Networks stock BuyAD HOC NEWS, Oct 7
- Extreme Networks sees growth with AI platform and channel partnersChannelE2E, Oct 6
- Before markets open Oct. 28, Extreme Networks plans to report first-quarter results.Stock Titan, Oct 6
Extreme Networks peers
Extreme Networks’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| ANETArista Networks | Neutral | 17.2% above |
| SNDKSandisk | Accumulation | 11.3% below |
| STXSeagate Technology | Accumulation | 15.7% below |
| WDCWestern Digital | Accumulation | 21.4% below |
| NTAPNetApp | Distribution | 41.1% above |
| LOGILogitech International S.A. - | Accumulation | 10.5% below |
A peer links to its own page where one exists.
Extreme Networks stock FAQ
What is Extreme Networks’s market cap?
Extreme Networks’s market cap is $3.08B at the Oct 12, 2026 close of $23.55, with 132.2M shares outstanding. The shares trade on a P/E ratio of 78.
What is the Extreme Networks stock forecast?
The consensus analyst 12-month price target for Extreme Networks is $33.50, +42.3% from the last close. Of the 6 firms that rated the stock in the last 90 days, 5 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Extreme Networks stock overvalued or undervalued?
On Gekko’s estimate Extreme Networks is undervalued: the Oct 12, 2026 close of $23.55 is 6.2% below Gekko Fair Value of $25.10. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Extreme Networks report earnings next?
Extreme Networks is expected to report on Oct 28, 2026, before the market opens (16 days away). Analysts expect earnings of $0.28 per share on revenue of $336.8M. Extreme Networks beat the earnings estimate in 6 of its last 8 reports, moving 11.9% on average across the report.
What is Extreme Networks’s 52-week high and low?
Extreme Networks’s 52-week high is $33.73 and its 52-week low is $13.48; it closed at $23.55 on Oct 12, 2026, +12.6% over the past year.
Is Extreme Networks stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, fair value and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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