Extreme Networks (EXTR)
Builds enterprise switching, Wi-Fi, fabric, SD-WAN, and cloud network management.
Something off on this page? Send us feedback.
Sells enterprise switches, Wi-Fi systems, network fabrics, SD-WAN, and cloud management software, with revenue from hardware, subscriptions, and support. A worldwide partner channel carries most sales, while ExtremeCloud IQ and Extreme Platform ONE centralize operations across distributed networks.
Builds wired and wireless infrastructure for enterprise campuses, branches, data centers, and service providers. Extreme Universal Switching, Extreme Wireless Access, Extreme Fabric, and ExtremeCloud SD-WAN handle connectivity, while ExtremeCloud IQ and Extreme Platform ONE provide cloud management, analytics, security workflows, licensing, and AI-assisted automation.
Sells hardware, software subscriptions, maintenance, professional services, and training through a worldwide channel of distributors, resellers, and field sales. Customers span education, healthcare, government, retail, manufacturing, hospitality, transportation, and large venues; roughly half of sales come from outside the United States, led by Europe and Asia.
Platform ONE extends centralized management across Extreme and third-party devices from cloud to on-premises environments. Most revenue still comes from networking equipment, and sales depend heavily on distributors and resellers.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 6, 2026 | Craig-Hallum | Reiterate | Rating: —Target: $14 | Target: $31 |
| Jun 15, 2026 | Lake Street | Reiterate | Rating: —Target: $25 | Target: $34 |
| Jun 11, 2026 | Rosenblatt Securities | Target | Target: $21 | Target: $39 |
| Apr 30, 2026 | UBS | Reiterate | Rating: —Target: $22.50 | Target: $28 |
| Apr 30, 2026 | Lake Street | Target | Target: — | Target: $25 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $211.8M · Total debt $194.6M · Total assets $1.18B · Shareholders' equity $88.6M
- Revenue
- $338.5M
- Operating income
- $21.1M
- Net income
- $18.0M
No dividends on record.
| Institutions | 99.33% | 129.90M shares | |
|---|---|---|---|
| 352 holders · as of Jun 30, 2026 | |||
| Insiders | 3.67% | 4.80M shares | |
| 9 holders · as of Sep 2, 2026 | |||
| Adds to | 103.00% | ||
130.78M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 103.00%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.94% | 20.84M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 9.82% | 12.84M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.69% | 6.14M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.34% | 5.68M | as of Jun 30, 2026 |
Price T Rowe Associates Inc /MD/Institution | 4.07% | 5.33M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 1, 2026 | Edward Meyercord | director, officer: PRESIDENT AND CEO | −50,000 | $21.90 |
| Aug 21, 2026 | Kevin R. Rhodes | officer: EVP Chief Financial Officer | −21,825 | $22.30 |
| Aug 10, 2026 | Raj Khanna | director | −15,000 | $24.20 |
| Aug 3, 2026 | Edward Meyercord | director, officer: PRESIDENT AND CEO | −50,000 | $29.79 |
| Jul 1, 2026 | Edward Meyercord | director, officer: PRESIDENT AND CEO | −50,000 | $31.71 |
- Cisco Systems
Broadest overlap in switching, Wi-Fi, cloud management, SD-WAN, and SASE
- Hewlett Packard Enterprise
Campus and AI-networking overlap through Aruba and Juniper-Mist
- Arista Networks
Strong overlap in data-center switching, campus, and CloudVision
- Fortinet
Security-led branch rival across SD-WAN, SASE, Wi-Fi, and switching
- Vistance Networks
RUCKUS overlap in enterprise Wi-Fi, switching, and managed venues
- Ubiquiti
Lower-cost UniFi pressure in Wi-Fi, switching, gateways, and SMB IT
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Extreme Networks | $21.93 | −0.81% | $2.89B | 71.5 | 16.8 | 2.3 | +10.3% |
| Cisco Systems | $106.36 | −0.08% | $419.53B | 32.0 | 20.8 | 6.6 | +17.6% |
| Hewlett Packard Enterprise | $62.48 | +2.36% | $80.83B | 31.8 | 13.7 | 1.9 | +33.5% |
| Arista Networks | $202.78 | −1.18% | $258.37B | 64.7 | 43.6 | 24.5 | +37.7% |
| Fortinet | $177.38 | +1.79% | $127.86B | 61.4 | 50.4 | 17.0 | +25.6% |
| Vistance Networks | $6.44 | −0.63% | $1.46B | 7.0 | 9.2 | 0.5 | −77.0% |
| Ubiquiti | $578.65 | −0.38% | $35.16B | 36.6 | 32.7 | 10.7 | +23.5% |
| Median | 34.3 | 26.7 | 8.7 | +24.6% |