Extreme Networks (EXTR)

• Market cap: $2.98B
• 1 day: -1.2%
• 5 days: -0.98%
• 1 month: 12.03%
• 3 months: 34.34%
• 6 months: 50.41%
• Year to date: 34.02%
• 1 year: 46.54%
• 5 years: 440.29%
• 10 years: 543.35%
• Sector: Technology
• Industry: Communication Equipment

About: Extreme Networks Inc provides AI-powered cloud networking, focused on delivering simple and secure solutions that help businesses address challenges and enable connections among devices, applications, and users. The group designs, develops, and manufactures wired, wireless, and software-defined wide area network (SD-WAN) infrastructure equipment. It has one reportable segment, the development, marketing, and sale of network infrastructure equipment and related software. The Company operates in three geographical areas: Americas, EMEA, and APAC.

Employees: 2,811

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

239% more call options, than puts

Call options by funds: $7.05M | Put options by funds: $2.08M

76% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 33

36% more capital invested

Capital invested by funds: $1.6B [Q1] → $2.17B (+$573M) [Q2]

33% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]

14% more repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 93

8% more funds holding

Funds holding: 267 [Q1] → 289 (+22) [Q2]

0.01% less ownership

Funds ownership: 90.73% [Q1] → 90.72% (-0.01%) [Q2]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $21
• Avg. target: $23
• High target: $25

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

UBS David Vogt	$21	Neutral Maintained	7 Aug 2025
Rosenblatt Mike Genovese	$25	Buy Maintained	7 Aug 2025
Needham Ryan Koontz	$24	Buy Maintained	7 Aug 2025