$21.65-0.05 (-0.23%)
Extreme Networks, Inc., together with its subsidiaries, develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Extreme Networks, Inc. in the Technology sector is trading at $21.65 with a market capitalization of $3.8B. Wall Street consensus targets $33.50 (8 analysts), implying a +54.7% move over the next 12 months. The stock is currently 36% below its 52-week high of $33.73, remaining 3.1% above its 200-day moving average. On fundamentals, Piotroski 7/9 indicates strong financial quality. The Whystock Score of 100/100 reflects bullish alignment across trend, valuation and analyst targets.
| Metric (USD) | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total Revenue | β | $316.87Mβ | $317.93Mβ | $310.25Mβ | $307.00M |
| Gross Profit | β | $195.54Mβ | $195.08Mβ | $188.03Mβ | $189.09M |
| Operating Income | β | $17.34Mβ | $13.16Mβ | $11.67Mβ | -$1.75M |
| Net Income | β | $10.59Mβ | $7.88Mβ | $5.61Mβ | -$7.80M |
Extreme Networks, Inc., together with its subsidiaries, develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers ExtremeCloud IQ, an ...

This AI networking star has a powerful business engine and a stock chart to match, but a recent pullback raises the question of whether the price of admission is simply too high.

This networking leader's fundamentals are near the top of its class, but its stock performance has been left behind, forcing investors to ask if the market is right to be so cautious.

Extreme Networks (EXTR) recently changed its independent auditor, with the board's audit committee dismissing Grant Thornton LLP and appointing Deloitte & Touche LLP, effective August 21, 2026, for the fiscal year ending June 30, 2027. Extreme Networks shares have pulled back recently, with a 1 month share price return down 25.08% and a 90 day share price return down 19.73%. However, the year to date share price return is still up 36.52% and the 5 year total shareholder return is 108.49%,...

Extreme Networks has delivered a strong 5 year share price gain, yet today its valuation signals are split. The intrinsic value estimate based on a Discounted Cash Flow (DCF) model points to a discount to estimated fair value, while market based multiples indicate the stock is priced on the richer side. Extreme Networks is up 108.5% over the past 5 years, which puts the recent pullback into context as a longer term positive share price story. The key support for the valuation case is the...

Consensus cuts the stock's earnings multiple by about a third within two years, and what decides whether that happens is component supply rather than customer demand.