EXTREXTRTechnology · Communication Equipment

EXTR Stock Forecast: Extreme Networks, Inc. Price Predictions for 2026-2027

Last close, 18 Sept 2026
$22
0.00% on the day

The 8 Wall Street analysts covering Extreme Networks, Inc. hold a median 12-month price target of $34 — +52.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 94 of 100 as at 19 Sept 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$2.9B
Ticker Nerd rank
94 / 100
Median analyst target
$34
Analysts covering
8
Revenue$338.5M+10.3% y/y
Operating income$21.8M
Net income$18.0M
Free cash flow$65.3M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+0.5%
1M
−6.1%
YTD
+34.0%
1Y
−1.6%
From 52W high
−33.8%
From 52W low
+62.4%
$14
$34
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

EXTR stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Extreme Networks, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 19 Sept 2026
94 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
88
Quality
86
Accruals
83
Value
81
Revisions
76
Growth
70
Momentum
59
Volatility
46
Size
30

Issuance (88): The share count has been shrinking and the company is not leaning on new borrowing.

Volatility (46): The share price moves around a lot.

Size (30): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

EXTR stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on EXTR, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$15$20$25$30$35$40Oct 25Jan 26Apr 26Jul 26EXTRHigh $38Median $34Low $28

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says8 analysts
7 Buy1 Hold0 Sell
Low $28Median $34High $38

The green dot is the last close — the median target sits +52.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 5 moved their price target up and 3 moved it down.

DateFirmActionRatingTarget
6 Aug 2026B. Riley SecuritiesMaintainsBuy$28$34
6 Aug 2026NeedhamMaintainsBuy$38$35
6 Aug 2026RosenblattMaintainsBuy$39$38
5 Aug 2026NeedhamMaintainsBuy$38$35
22 July 2026NeedhamMaintainsBuy
22 July 2026NeedhamMaintainsBuy$26$38
15 June 2026Lake StreetMaintainsBuy
15 June 2026Lake StreetMaintainsBuy$25$34
11 June 2026RosenblattMaintainsBuy
11 June 2026RosenblattMaintainsBuy$29$39
8 June 2026B of A SecuritiesMaintainsBuy
8 June 2026B of A SecuritiesMaintainsBuy$28$33
30 Apr 2026NeedhamMaintainsBuy
30 Apr 2026RosenblattMaintainsBuy
30 Apr 2026UBSMaintainsNeutral
29 Jan 2026NeedhamMaintainsBuy
29 Jan 2026RosenblattMaintainsBuy
24 Nov 2025NeedhamReiteratesBuy
19 Nov 2025B of A SecuritiesInitiatesBuy
12 Nov 2025NeedhamReiteratesBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. EXTR appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

EXTR vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 18 Sept 2026, Extreme Networks, Inc. returned −1.6% against +16.3% for the S&P 500, dividends included.

EXTR vs S&P 500, last 12 monthsTotal return, rebased to 100
6080100120140Oct 25Jan 26Apr 26Jul 26EXTRS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

EXTR analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.3%
Analysts raising
4
Analysts cutting
3
Fundamentals

Extreme Networks, Inc. (EXTR) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
72.0×

Cheaper than 10% of US stocks

Price / sales
2.3×

Cheaper than 49% of US stocks

Price / book
33.1×

Cheaper than 3% of US stocks

EV / EBITDA
34.8×

Cheaper than 7% of US stocks

Growth & margins
Revenue growth (YoY)
10.3%

Higher than 53% of US stocks

Earnings growth (YoY)
10.3%

Higher than 48% of US stocks

Gross margin
62.2%

Higher than 75% of US stocks

Operating margin
6.4%

Higher than 58% of US stocks

Net margin
3.3%

Higher than 56% of US stocks

Returns & dividend
Return on equity
54.6%

Higher than 93% of US stocks

Return on assets
3.4%

Higher than 68% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Extreme Networks, Inc. (EXTR) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Extreme Networks, Inc. has a market value of $2.9B and an enterprise value of $2.9B.

  • Revenue in the twelve months to 30 June 2026: $1.3B. The latest quarter grew 10.3% year on year.

  • Net income over the same four quarters: $42.1M, a 3.3% net margin.

  • Diluted earnings per share, trailing twelve months: $0.31.

  • Free cash flow in the twelve months to 30 June 2026: $95.2M, after $27.9M of capital spending.

  • Extreme Networks, Inc. spent $87.0M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 131.2M.

  • Trailing P/E: 72.0×; forward P/E: 14.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Extreme Networks, Inc. employs 2,894 people $444K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 19 Sept 2026

Data provided by Twelve Data

Peers

EXTR vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelCommunication Equipment
CompanyMarket capTKN rank
EXTRExtreme Networks, Inc.$2.9B
94
DGIIDigi International, Inc.$2.7B
86
ONDSOndas, Inc.$4.2B
29
BDCBelden, Inc.$4.3B
92
VISNVistance Networks, Inc.$1.5B
67
HLITHarmonic, Inc.$1.2B
92
VIAVViavi Solutions, Inc.$8.7B
68

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Extreme Networks, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest EXTR news & analysis

Is the Options Market Predicting a Spike in Extreme Networks Stock?

Zacks Investment Research · 19 Aug 2026neutral

Zacks Investment Research reports that investors should pay close attention to Extreme Networks (EXTR) stock based on recent movements in the options market, which may signal a potential spike in the shares.

Why it matters — A watcher of EXTR would care because unusual options activity can hint at upcoming volatility or a notable move in the stock.

Did Extreme Networks, Inc. Insiders Breach their Fiduciary Duties to Shareholders?

PRNewsWire · 17 Aug 2026negative

A law firm is urging Extreme Networks, Inc. shareholders to contact it, stating there may be limited time to enforce their rights regarding an alleged breach of fiduciary duties by company insiders. The firm says it would handle the matter on a contingent fee basis with no out-of-pocket costs to shareholders.

Why it matters — This alerts EXTR watchers to potential shareholder claims alleging insider misconduct that could carry legal and governance implications for the company.

Extreme Networks Eyes AI Networking Boom With Wi-Fi 7, Automation Push

MarketBeat · 13 Aug 2026positive

Extreme Networks is positioning its Wi-Fi 7 products, network automation software, and expanding data center capabilities to benefit from an enterprise networking upgrade cycle tied to AI, higher-bandwidth applications, and security needs, according to senior vice president Stan Kovler.

Why it matters — EXTR watchers would care because the company's product positioning aligns with the AI-driven enterprise networking upgrade cycle, which could influence its growth and market relevance.

Extreme Networks: The Selloff Is Misreading A Platform Transition

Seeking Alpha · 11 Aug 2026positive

Following a post-earnings selloff attributed to a guidance reset rather than business deterioration, Extreme Networks is rated Buy with fair value near $30. The article cites Platform ONE adoption, the subscription transition, and supply chain strength, with management guiding for 8.3% revenue growth and 23% EPS growth.

Why it matters — A EXTR watcher would care because the piece frames the recent share decline as a misread of a platform transition that is expected to convert moderate revenue growth into stronger earnings expansion.

Extreme Networks Q4: Fine Print But Still Overvalued After The Pullback

Seeking Alpha · 7 Aug 2026negative

Extreme Networks reported solid FY26 results with 12.6% revenue growth and strong product momentum, yet shares fell over 25% after earnings due to decelerating growth and investor disappointment. The company's guidance was in line with or above consensus, and its Platform ONE subscription transition continues with SaaS ARR up 17.7%.

Why it matters — A EXTR watcher would care because the article assesses whether the post-earnings sell-off was overdone and highlights the ongoing shift to recurring revenue and expected margin expansion.

FAQ

Frequently asked questions about EXTR stock

What is the EXTR stock price forecast for 2026-2027?

The 8 Wall Street analysts covering Extreme Networks, Inc. have a median 12-month price target of $34, with estimates ranging from $28 to $38. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is EXTR stock a buy right now?

Of the 8 analysts covering Extreme Networks, Inc., 7 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Extreme Networks, Inc. 94 out of 100 across roughly 4,600 US stocks as at 19 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank EXTR?

As at 19 Sept 2026, Extreme Networks, Inc. ranks 94 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (88 of 100).

Will EXTR stock go up?

No one can know that. What the data says: the median 12-month target from 8 analysts implies +52.4% from the last close, and Ticker Nerd's factor model ranks Extreme Networks, Inc. 94 out of 100 as at 19 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the EXTR stock forecast for 2030?

No analyst covering Extreme Networks, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for EXTR are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $28 to $38 over the next 12 months.

How has EXTR stock performed over the past year?

Extreme Networks, Inc. returned -1.6% over the 12 months to 18 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Extreme Networks, Inc. do?

Extreme Networks Inc. is a networking technology company that develops wired and wireless infrastructure, cloud-managed networking software, and related services for enterprise environments.

What is the latest news on EXTR?

The most recent item we track (Zacks Investment Research, 19 Aug 2026): "Is the Options Market Predicting a Spike in Extreme Networks Stock?". Zacks Investment Research reports that investors should pay close attention to Extreme Networks (EXTR) stock based on recent movements in the options market, which may signal a potential spike in the shares.

Company

About Extreme Networks, Inc.

Extreme Networks Inc. is a networking technology company that develops wired and wireless infrastructure, cloud-managed networking software, and related services for enterprise environments. Extreme Networks Inc. provides solutions for network management, analytics, security, access control, and software-defined wide area networking, helping organizations connect users, devices, applications, and data across campus, branch, data center, and distributed locations. Its product portfolio includes cloud-based management platforms, switching, wireless access points, and support services designed to simplify operations and improve network visibility and control. The company serves a broad range of industries, including education, healthcare, government, retail, hospitality, transportation, manufacturing, and sports and entertainment. Headquartered in Morrisville, North Carolina, Extreme Networks Inc. plays a significant role in the enterprise networking market through its focus on cloud networking, automation, and secure connectivity.

CEO Mr. Edward B. Meyercord III · 2,894 employees · United States · https://www.extremenetworks.com