Extreme Networks, Inc. (EXTR)

Extreme Networks' stock price has increased by 61.25% over the past six months. This increase was influenced by strong Q4 FY25 earnings, global adoption of Wi-Fi 7 solutions, the appointment of Nabil Bukhari as President of AI Platforms, the launch of an AI Service Agent, and the extension of its partnership with the National Football League through 2028.

While explicit statements about demand seasonality for Extreme Networks' products and services are not directly available, the nature of its business and customer base suggests potential fluctuations. The company's ability to scale support according to fluctuating needs and peak periods for its services could indirectly indicate some level of seasonality in demand for its offerings.

Extreme Networks, Inc. is an American networking company specializing in wired and wireless network infrastructure equipment and related software. The company is known for its cloud-driven solutions and customer-centric innovation, focusing on cloud-managed networking, AI-powered automation, and end-to-end security. Its products include Wi-Fi solutions, a cloud networking platform (ExtremeCloud IQ), Ethernet switches, high-speed routers, Fabric Connect, automation, analytics, security applications, SD-WAN solutions, and AI platforms.

Extreme Networks has a significant global presence, serving over 50,000 customers worldwide across various sectors including business, education, healthcare, hospitality, retail, transportation and logistics, government, and service providers. The company has customers and operations across the globe, with recent global adoption of its Wi-Fi 7 solutions by organizations in different verticals.

Extreme Networks has maintained a strong brand reputation as a leader in AI-powered cloud networking. The company was named a Leader in the IDC MarketScape: Worldwide Enterprise Wireless LAN 2025 Vendor Assessment. The extension of its partnership with the National Football League reinforces its position as a trusted provider. Black Box recognized Extreme Networks as its "2024 India Partner of the Year" for the third consecutive time. The company's focus on delivering Wi-Fi 7 solutions and integrating AI into its networking platforms has been positively received.

Extreme Networks, Inc. is primarily owned by institutional shareholders, who hold approximately 91% to 94.3% of the company's shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual insider ownership is around 3.23% to 19.77%, with notable individual shareholders including Starboard Value LP and Gordon Stitt.