Extreme Networks Set to Announce Q2 Earnings on January 28
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2026
0mins
Should l Buy EXTR?
Source: seekingalpha
- Earnings Announcement: Extreme Networks is set to release its Q2 earnings on January 28 before market open, with a consensus EPS estimate of $0.24, reflecting a 14.3% year-over-year increase, which could further solidify its market position in the networking industry.
- Revenue Growth Expectations: The anticipated revenue for Q2 is $312.33 million, representing an 11.8% year-over-year growth, indicating the company's strong sales momentum in a continuously growing market, potentially attracting more investor interest.
- Performance Beat Record: Over the past two years, Extreme Networks has exceeded EPS estimates 88% of the time and revenue estimates 100% of the time, showcasing its robust execution and market adaptability, thereby enhancing investor confidence.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen one upward revision and two downward adjustments, while revenue estimates have experienced seven upward revisions with no downward changes, reflecting a positive market outlook on the company's future performance.
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Analyst Views on EXTR
Wall Street analysts forecast EXTR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXTR is 24.75 USD with a low forecast of 24.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 15.060
Low
24.00
Averages
24.75
High
26.00
Current: 15.060
Low
24.00
Averages
24.75
High
26.00
About EXTR
Extreme Networks, Inc. is a provider of cloud networking solutions and industry services and support. The Company designs, develops, and manufactures wired, wireless, and software-defined wide area-network (SD- WAN) infrastructure equipment, software and cloud-based network management solutions. Its cloud solution is a single platform that offers unified network management of wireless access points, switches, and SD-WAN. Its products and services categories include Cloud Networking Platform, Automation, Analytics, and Security Applications, Wireless LAN AP, Wired for Edge, Campus, and Data Center, SD-WAN, Cloud Native Platforms and Applications for Service Providers and Customer Service and Support. It provides service to various industries, including business, hospitality, retail, transportation and logistics, education, government, healthcare, and service providers. Its cloud networking technologies provide flexibility in deployment, management, and licensing of networks globally.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Significant Revenue Growth: Extreme Networks reported Q2 revenue of $318 million, a 14% year-over-year increase that exceeded expectations, indicating strong performance and continued market share expansion in the enterprise networking sector.
- Accelerated SaaS Revenue: SaaS Annual Recurring Revenue (ARR) reached $227 million, up 25% year-over-year, reflecting robust demand for the AI-driven Platform ONE, which further solidifies the company's revenue base.
- Margin Improvement: Non-GAAP gross margin increased to 62%, up 70 basis points from the previous quarter, while operating margin improved to 15%, demonstrating effective management of costs and profitability.
- Optimistic Outlook: Management raised the full-year 2026 revenue guidance to a range of $1.252 billion to $1.270 billion, implying an 11% year-over-year growth rate, indicating strong confidence in future growth and robust market demand.
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- Revenue Growth: Extreme Networks reported $317.9 million in revenue for Q2 FY2026, reflecting a 14% year-over-year increase that surpassed the $312.3 million estimate, indicating strong performance in the network infrastructure sector.
- Earnings Beat: The company posted adjusted earnings per share of $0.26, exceeding the consensus of $0.24, while GAAP EPS of $0.06 also beat expectations of $0.04, showcasing enhanced profitability.
- Outlook: For Q3, Extreme Networks projects adjusted EPS between $0.23 and $0.25, with a midpoint of $0.24 slightly below the $0.25 consensus, yet revenue expectations of $311.5 million exceed the $310 million consensus, indicating robust growth potential.
- Customer Expansion: Recent wins include Baylor University and Henry Ford Health, solidifying Extreme's leadership in Wi-Fi 7 solutions and suggesting continued growth opportunities in the market.
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- Strong Earnings Performance: Extreme Networks reported a Q2 non-GAAP EPS of $0.26, beating expectations by $0.02, indicating a sustained enhancement in profitability that is likely to positively impact stock prices.
- Significant Revenue Growth: The company achieved total revenue of $317.9 million, reflecting a 13.8% year-over-year increase and surpassing market expectations by $5.57 million, demonstrating robust competitiveness and strong customer demand.
- SaaS ARR Growth: The SaaS annual recurring revenue reached $226.8 million, up 25.2% year-over-year and 4.9% quarter-over-quarter, highlighting rapid expansion in cloud services and future growth potential.
- Optimistic Future Guidance: The company provided FY'26 total revenue guidance of $1.262 billion to $1.270 billion, with improvements in gross and operating margins, showcasing management's confidence in future performance and the effectiveness of strategic planning.
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