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News  ›  The Motley Fool

Why Extreme Networks Stock Is Tumbling Today

The Motley Fool Logo The Motley Fool By Timothy Green
Why Extreme Networks Stock Is Tumbling Today

Extreme Networks reported Q1 fiscal 2026 results with 15% revenue growth and beat analyst expectations, but experienced stock decline due to lower gross margins and slower projected revenue growth for upcoming quarters.

Insights
MSpA   neutral

Analyst Kristine Liwag maintained a hold recommendation with a reduced price target of $45


EXTR   negative

Stock dropped approximately 16% due to declining gross margin (from 63.7% to 61.3%), slower projected revenue growth (12% in Q2, 10% for full year), despite beating analyst expectations