Weekly Analysts’ Ratings Changes for Extreme Networks (EXTR)

by · The Cerbat Gem

A number of firms have modified their ratings and price targets on shares of Extreme Networks (NASDAQ: EXTR) recently:

  • 5/16/2026 – Extreme Networks was downgraded by Wall Street Zen from “strong-buy” to “buy”.
  • 5/15/2026 – Extreme Networks was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
  • 5/3/2026 – Extreme Networks was upgraded by Wall Street Zen from “buy” to “strong-buy”.
  • 5/1/2026 – Extreme Networks was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
  • 4/30/2026 – Extreme Networks was given a new $28.00 price target by UBS Group AG.
  • 4/30/2026 – Extreme Networks had its “buy” rating reaffirmed by B. Riley Financial, Inc..
  • 4/30/2026 – Extreme Networks had its “buy” rating reaffirmed by Lake Street Capital. They now have a $25.00 price target on the stock.
  • 4/30/2026 – Extreme Networks had its price target raised by UBS Group AG from $17.00 to $22.50. They now have a “neutral” rating on the stock.
  • 4/30/2026 – Extreme Networks had its price target raised by Needham & Company LLC from $21.00 to $26.00. They now have a “buy” rating on the stock.
  • 4/25/2026 – Extreme Networks was downgraded by Wall Street Zen from “strong-buy” to “buy”.

Insider Activity

In other Extreme Networks news, Director Edward H. Kennedy sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $22.86, for a total transaction of $1,143,000.00. Following the completion of the sale, the director directly owned 576,045 shares in the company, valued at $13,168,388.70. This trade represents a 7.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Raj Khanna sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $23.20, for a total transaction of $232,000.00. Following the sale, the director owned 210,062 shares of the company’s stock, valued at $4,873,438.40. This trade represents a 4.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 297,182 shares of company stock valued at $6,448,528. Company insiders own 3.60% of the company’s stock.

Extreme Networks, Inc (NASDAQ: EXTR) is a global provider of end-to-end networking solutions designed to support enterprise, data center, and service provider environments. The company’s product portfolio encompasses high-performance wired and wireless access switches, routers, network security appliances, and software-defined networking (SDN) tools. Driven by a cloud-native management architecture, Extreme’s Intelligent Edge Platform integrates network analytics, automation and orchestration capabilities to help organizations optimize performance, reduce operational complexity and strengthen security.

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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