12:05 PM EDT, 10/30/2025 (MT Newswires) -- Extreme Networks ( EXTR ) is showing continued strength after posting its sixth straight quarter of sequential revenue growth, Oppenheimer said Thursday in a report.

Revenue rose 15% year over year to $310 million, topping guidance, as product sales climbed 20% and subscription and service revenue grew 9%, the report said.

Oppenheimer said the company is benefiting from improving networking demand, industry price increases, and early traction for new artificial intelligence-driven products and its PlatformONE system.

Oppenheimer upgraded the stock to outperform and set a $25 price target.

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