Extreme Networks, Inc. (EXTR)

In the past six months, Extreme Networks launched Extreme Platform ONE, extended its NFL partnership, and launched the AI Service Agent. The stock tumbled on October 29, 2025, despite better-than-expected earnings due to concerns over gross margin and guidance. On January 10, 2026, the CEO sold 50,000 shares, and as of January 13, 2026, Extreme Networks was considering acquiring Ruckus Networks. The stock price as of January 2, 2026, was $16.54, a slight decline from the previous year, with a 52-week trading range between $10.10 and $22.89.

The provided information does not explicitly detail demand seasonality for Extreme Networks' products and services. The company reported its sixth consecutive quarter of revenue growth in Q1 FY2026, suggesting a consistent demand or growth trajectory. The shift to a subscription-based model may mitigate traditional hardware-driven seasonality, and serving diverse sectors may help balance demand throughout the year.

Extreme Networks, Inc. (EXTR) is an American networking company providing SD-WAN infrastructure equipment, software, and cloud-based network management solutions. The company focuses on AI-powered cloud networking, delivering simple and secure solutions to connect devices, applications, and users. Its offerings include Extreme Platform ONE, ExtremeCloud IQ, and various other solutions, serving diverse industries such as business enterprises, service providers, and education.

Extreme Networks is headquartered in Morrisville, North Carolina, and has a global presence across the Americas, EMEA, and APAC. In its fiscal first quarter of 2026, 48% of the company's revenue was generated in the Americas, 39% in the EMEA region, and 13% in APAC. Its global cloud footprint serves over 50,000 customers and more than 10 million daily users.

In the past year, Extreme Networks was recognized as one of Newsweek's World's Greenest Companies and received an AI Impact Award. Its ExtremeCloud Universal ZTNA received an AI in Cybersecurity Innovation Award, and ExtremeCloud Edge won a Tech Innovation CUBEd Award. The company was also named one of the 2025 Best Companies to Work For by U.S. News & World Report and recognized on Forbes' America's Best-In-State Companies list. New clients such as Baylor University and Roig Arena were signed, Nabil Bukhari left the company, and Ron Pasek was named to the Board of Directors.

Extreme Networks, Inc. is predominantly owned by institutional investors, who hold over 94% of the company's shares. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc., and State Street Corp. Individual ownership accounts for approximately 3.26% of shares, with insider ownership around 3.25%.