Extreme Networks (NASDAQ: EXTR) recently received a number of ratings updates from brokerages and research firms:
- 8/8/2026 – Extreme Networks was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 8/6/2026 – Extreme Networks had its “buy” rating reaffirmed by Craig Hallum. They now have a $31.00 price target on the stock.
- 8/6/2026 – Extreme Networks had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc..
- 8/6/2026 – Extreme Networks had its price target raised by B. Riley Financial, Inc. from $28.00 to $34.00. They now have a “buy” rating on the stock.
- 8/6/2026 – Extreme Networks had its price target lowered by Rosenblatt Securities from $39.00 to $38.00. They now have a “buy” rating on the stock.
- 8/5/2026 – Extreme Networks had its price target lowered by Needham & Company LLC from $38.00 to $35.00. They now have a “buy” rating on the stock.
- 7/22/2026 – Extreme Networks had its price target raised by Needham & Company LLC from $26.00 to $38.00. They now have a “buy” rating on the stock.
- 7/18/2026 – Extreme Networks was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 7/6/2026 – Extreme Networks was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
- 6/15/2026 – Extreme Networks had its price target raised by Lake Street Capital from $25.00 to $34.00. They now have a “buy” rating on the stock.
Insider Buying and Selling
In other news, CFO Kevin R. Rhodes sold 35,000 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $30.43, for a total transaction of $1,065,050.00. Following the sale, the chief financial officer directly owned 151,296 shares of the company’s stock, valued at $4,603,937.28. The trade was a 18.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kathleen M. Holmgren sold 19,521 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $24.78, for a total value of $483,730.38. Following the sale, the director directly owned 219,308 shares of the company’s stock, valued at approximately $5,434,452.24. This represents a 8.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 414,521 shares of company stock valued at $11,713,680. Insiders own 3.60% of the company’s stock.
Since its founding in the mid-1990s and subsequent public listing in 1999, Extreme Networks has expanded its technology footprint through targeted acquisitions.
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