Rosenblatt Securities Remains a Buy on Extreme Networks (EXTR)
In a report released today, Michael Genovese from Rosenblatt Securities reiterated a Buy rating on Extreme Networks, with a price target of $25.00.
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According to TipRanks, Genovese is a 5-star analyst with an average return of 17.4% and a 56.08% success rate. Genovese covers the Technology sector, focusing on stocks such as Ciena, Coherent Corp, and Fabrinet.
In addition to Rosenblatt Securities, Extreme Networks also received a Buy from B. Riley Securities’s Dave Kang in a report issued on October 30. 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 $6.48 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 41 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.
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