Argus lowers Extreme Networks stock target to USD 25.00

Published on 10/20/2026 at 21:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal fourth-quarter revenue reached USD 338.55 million. Extreme Networks stock costs EUR 19.81 on October 20, 2026 at 9:32 p.m. CEST.

Analyst target and reporting date

Argus lowered its Extreme Networks target to USD 25.00 on October 14, 2026.
Extreme Networks will release first-quarter fiscal 2027 results before market open on October 28, 2026.
Extreme Networks stock costs EUR 19.81 at Lang & Schwarz on October 20, 2026 at 9:32 p.m. CEST.

EXTR, US30226D1063, Illustration mit AI erstellt.

Argus lowered its Extreme Networks target to USD 25.00 on October 14, 2026, according to Yahoo Finance. That target stood 12.46 percent above the USD 22.23 Nasdaq price at the October 20, 2026 quote. Extreme Networks stock was trading at EUR 19.81 at Lang & Schwarz on October 20, 2026 at 9:32 p.m. CEST.

Revenue provides the operating base

Extreme Networks reported USD 338.55 million in revenue for its fiscal fourth quarter ended June 30, 2026, up 10.3 percent from the prior-year quarter, according to MarketBeat. Adjusted earnings per share reached USD 0.32, compared with USD 0.29 expected. The quarter therefore combined double-digit revenue growth with a 3-cent earnings-per-share beat.

Margin and recurring revenue matter

In the fiscal fourth quarter, gross margin reached 62.7 percent and recurring revenue was USD 116.00 million, according to Benzinga. SaaS annual recurring revenue reached USD 244.00 million and grew 18 percent year over year. Those figures place the analyst target against a company still expanding its subscription base, while the valuation leaves less room for execution misses.

October 28 is the next date

Extreme Networks plans to release its first-quarter fiscal 2027 results before market open on October 28, 2026, followed by an earnings call at 8:00 a.m. ET, according to FT.com. The company guided for first-quarter revenue of USD 334.00 million to USD 339.00 million and adjusted earnings per share of USD 0.27 to USD 0.29 for fiscal 2027, as reported in the earnings call transcript.

Valuation sets the test

Extreme Networks had a market capitalization of USD 2.9 billion and a price-to-earnings ratio of 72.03 as of October 20, 2026. The USD 25.00 Argus target is 12.46 percent above the Nasdaq price, making the October results an important test of whether revenue growth can support the valuation.

Stock price in late trading

Extreme Networks was trading at EUR 19.81 at Lang & Schwarz on October 20, 2026 at 9:32 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Extreme Networks stock.