EXTR Extreme Networks Inc

Vontobel Holding Ltd. recently acquired a new stake of 106,490 shares in Extreme Networks (NASDAQ:EXTR), valued at approximately $2.20 million. This purchase represents about 0.08% ownership of the company. Analyst sentiment for Extreme Networks is positive, with a "Moderate Buy" rating and an average price target of $23.83, following in-line EPS and above-estimate revenue in its latest quarterly results.

The global wireless mesh network market is projected to reach $31.45 billion by 2032, growing from $13.86 billion in 2025 at a CAGR of 12.3%. This growth is driven by increasing digitization across critical sectors and the demand for resilient, adaptable digital infrastructure. The report highlights key technologies, applications, and strategic insights for enterprise networking in various regions.

The global wireless mesh network market is projected to grow to $31.45 billion by 2032, driven by increasing digitization across critical sectors and the need for resilient, adaptable infrastructure. This growth is propelled by enterprise adoption and demand for continuous operations, benefiting from technologies like Wi-Fi, ZigBee, LoRaWAN, and Bluetooth mesh. Key players analyzed include Cisco Systems, Hewlett Packard Enterprise, Fortinet, Extreme Networks, and NETGEAR.

Extreme Networks, Inc. (NASDAQ:EXTR) has received a "Moderate Buy" consensus rating from eight analysts, with an average 12-month price target of $23.83. This includes recent upgrades and coverage from various firms. The company reported in-line EPS of $0.22 and revenue of $310.25 million, beating estimates and rising 15.2% year-over-year, and has set Q2 2026 guidance.

Barco and Extreme Networks have partnered to create the "Connected Control Room" by integrating Barco CTRL with Extreme Fabric. This solution offers a secure, scalable, and resilient platform for managing critical operations, enabling remote expertise and disaster recovery across global locations. It aims to transform how organizations run distributed operations by removing geographical limits and maintaining high levels of security and reliability.

Norges Bank initiated a new position in Extreme Networks (NASDAQ:EXTR) during the second quarter, purchasing 347,104 shares valued at approximately $6.23 million, representing 0.26% of the company. This move comes amid general positive sentiment from sell-side analysts, with a "Moderate Buy" consensus rating and a target price of $23.83. Other institutional investors have also adjusted their holdings, while the CEO sold a portion of his shares, reducing his stake by 2.6%.