EXTR — Extreme Networks Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Extreme Networks Inc

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 ML/AI powered, wired and wireless cloud network management solution that offers advanced visibility and control over users, devices, and applications; ExtremeCloud IQ-Site Engine, which provides task … Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$26.67
Market Cap$3.13B
Float126.2M
Shares Outstanding130.8M
P/E (Forward)17.39
P/E (TTM)199.17
Price/Sales (TTM)2.50
vs. Analyst Target-2.3% to analyst PT
Profit Margin1.30%
Operating Margin (TTM)5.47%
Revenue (TTM)$1.25B
Earnings Growth (YoY)206.40%
Dividend RateNone
Analyst Target Price$26.06 (7 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $948M -$127M $506M -$11.3M
2021 $1.01B $1.9M $573M $110M
2022 $1.11B $44.3M $627M $120M
2023 $1.31B $78.1M $753M $159M
2024 $1.12B -$86.0M $629M -$19.6M
2025 $1.14B -$7.5M $709M $39.4M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $307M -$7.8M
Sep 2025 $310M $5.6M
Dec 2025 $318M $7.9M
Mar 2026 $317M $10.6M

Ownership & Float

Insider Ownership3.2%
Institutional Ownership100.0%
Short Float6.7%
% of All Funds Holding3.35%
Number of Funds Holding275

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$20.68Near-term / short-term trend
Weekly40-Week SMA$18.28Medium-term trend
Weekly80-Week SMA$17.21Cyclical trend (business cycle)
Weekly200-Week SMA$17.20Secular trend (multi-year)
Monthly10-Month SMA$18.76Near-term monthly trend
Monthly20-Month SMA$17.24Medium-term monthly trend
Monthly40-Month SMA$17.46Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$15.20 support 1.74x 0 months ago
$22.10 support 1.22x 0 months ago
$13.40 support 1.14x 11 months ago
$11.30 support 1.00x 22 months ago

Historical Earnings Reactions (108 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.18% 0.74% 57.41% 18.50% -28.09%
1 Day 0.49% 0.37% 51.85% 27.80% -25.89%
1 Week 1.09% 0.44% 53.70% 48.90% -33.96%
2 Weeks 1.61% 0.74% 52.78% 52.14% -24.95%
1 Month 2.25% 1.29% 53.27% 81.61% -41.64%

Next earnings: July 18, 2026 (51 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-0.1%51.9%27
Feb-3.3%44.4%27
Mar-1.5%48.1%27
Apr2.8%33.3%27
May-0.1%48.1%27
Jun7.4%40.7%27
Jul6.5%66.7%27
Aug2.0%51.9%27
Sep-2.4%37.0%27
Oct3.1%55.6%27
Nov7.3%77.8%27
Dec0.3%48.1%27

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.02% 48.0% 1280
Tuesday 0.20% 49.0% 1401
Wednesday 0.04% 49.1% 1400
Thursday 0.18% 49.4% 1373
Friday 0.06% 46.6% 1369

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 100.0%

Insider Transactions — Smart Summary

Total insider ownership: 3.2%

12-Month Insider Activity Summary

Total Filings22
Net Value-$10.3M
Net Shares Change-356,983
% of Float-0.3%
C-Suite Filings15
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
MEYERCORD EDWARD PRESIDENT AND CEO -$4.3M 2 N/A
KENNEDY EDWARD H -$1.6M 2 2 sell
RHODES KEVIN R EVP Chief Financial Officer -$831,511.38 2 N/A
MOTIEY KATAYOUN Chief Legal Admin Sust Officer -$695,110.16 1 1 sell
HOLMGREN KATHLEEN M -$483,783.087 1 1 sell
Khanna Raj -$454,002 2 N/A

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-05-04 – 2026-05-18 8 6 -$5.9M 4 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-06 KENNEDY EDWARD H -$1.1M Transaction at $22.86, now +16.7%
2026-05-18 HOLMGREN KATHLEEN M -$483,783.087 Transaction at $24.78, now +7.6%
2025-06-03 MOTIEY KATAYOUN Chief Legal Admin Sust Officer -$695,110.16 Transaction at $11.24, now +137.3%
2026-05-06 MEYERCORD EDWARD PRESIDENT AND CEO -$2.3M Transaction at $23.07, now +15.6%
2025-08-12 KENNEDY EDWARD H -$500,267.5 Transaction at $20.01, now +33.3%
2026-05-18 RHODES KEVIN R EVP Chief Financial Officer -$417,644.3 Transaction at $24.83, now +7.4%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Extreme Networks Inc (EXTR) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for EXTR on Trend Edge →