Roth Capital Issues Optimistic Forecast for Calix Earnings

Calix, Inc. (NYSE:CALX) – Equities research analysts at Roth Capital raised their Q2 2025 EPS estimates for Calix in a report issued on Tuesday, April 22nd. Roth Capital analyst S. Searle now expects that the communications equipment provider will earn ($0.09) per share for the quarter, up from their prior forecast of ($0.11). Roth Capital has a “Buy” rating and a $50.00 price target on the stock. The consensus estimate for Calix’s current full-year earnings is ($0.43) per share. Roth Capital also issued estimates for Calix’s Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at $0.03 EPS, FY2025 earnings at ($0.11) EPS, Q1 2026 earnings at $0.04 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.25 EPS and FY2026 earnings at $0.50 EPS.

Calix (NYSE:CALX) last announced its earnings results on Monday, April 21st. The communications equipment provider reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.06. Calix had a negative return on equity of 3.43% and a negative net margin of 3.58%. The firm had revenue of $220.20 million for the quarter, compared to the consensus estimate of $206.98 million. During the same period in the previous year, the business earned $0.21 EPS.

Several other analysts also recently weighed in on the stock. Rosenblatt Securities boosted their target price on shares of Calix from $51.00 to $52.00 and gave the stock a “buy” rating in a research report on Wednesday. Needham & Company LLC reissued a “buy” rating and set a $53.00 price objective on shares of Calix in a report on Tuesday. JPMorgan Chase & Co. raised their target price on Calix from $34.00 to $38.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, UBS Group reiterated a “buy” rating on shares of Calix in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $47.83.

Calix Stock Performance

Shares of CALX stock opened at $39.66 on Friday. Calix has a fifty-two week low of $27.60 and a fifty-two week high of $42.50. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of -88.13 and a beta of 1.75. The stock’s 50-day simple moving average is $34.97 and its 200-day simple moving average is $35.82.

Institutional Investors Weigh In On Calix

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Calix by 5.5% in the fourth quarter. Vanguard Group Inc. now owns 7,977,769 shares of the communications equipment provider’s stock valued at $278,185,000 after purchasing an additional 412,982 shares during the period. Millennium Management LLC increased its stake in Calix by 77.8% during the 4th quarter. Millennium Management LLC now owns 2,031,212 shares of the communications equipment provider’s stock worth $70,828,000 after buying an additional 889,102 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Calix by 4.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,832,407 shares of the communications equipment provider’s stock valued at $63,897,000 after acquiring an additional 74,720 shares during the last quarter. Congress Asset Management Co. lifted its position in shares of Calix by 8.1% in the first quarter. Congress Asset Management Co. now owns 1,378,497 shares of the communications equipment provider’s stock valued at $48,854,000 after acquiring an additional 103,175 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Calix by 3.4% in the fourth quarter. Bank of New York Mellon Corp now owns 1,373,246 shares of the communications equipment provider’s stock worth $47,885,000 after acquiring an additional 45,195 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Calix news, Director Carl Russo sold 25,000 shares of Calix stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $38.15, for a total value of $953,750.00. Following the completion of the transaction, the director now owns 2,164,188 shares of the company’s stock, valued at approximately $82,563,772.20. The trade was a 1.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 16.90% of the stock is owned by corporate insiders.

Calix declared that its board has approved a stock buyback plan on Monday, April 21st that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the communications equipment provider to purchase up to 4.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Calix Company Profile

Calix, Inc, together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.