Extreme Networks (EXTR) Gets a Buy from Craig-Hallum

In a report released today, Christian Schwab from Craig-Hallum reiterated a Buy rating on Extreme Networks, with a price target of $25.00. The company’s shares opened today at $19.00.

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Schwab covers the Technology sector, focusing on stocks such as Vuzix, Applied Materials, and Adtran. According to TipRanks, Schwab has an average return of 14.2% and a 59.88% success rate on recommended stocks.

In addition to Craig-Hallum, Extreme Networks also received a Buy from Oppenheimer’s Timothy Horan in a report issued today. However, on the same day, TR | OpenAI – 4o reiterated a Hold rating on Extreme Networks (NASDAQ: EXTR).

Based on Extreme Networks’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $310.25 million and a net profit of $5.61 million. In comparison, last year the company earned a revenue of $269.2 million and had a GAAP net loss of $10.5 million

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EXTR in relation to earlier this year. Most recently, in August 2025, Edward H. Kennedy, a Director at EXTR sold 25,000.00 shares for a total of $500,250.00.