Calix (NYSE:CALX) Stock Rating Lowered by Wall Street Zen

Calix (NYSE:CALX) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Saturday.

Several other analysts have also recently issued reports on CALX. Zacks Research raised shares of Calix from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Weiss Ratings downgraded shares of Calix from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. reduced their target price on shares of Calix from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Needham & Company LLC decreased their price target on shares of Calix from $70.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Finally, Roth Capital reissued a “buy” rating on shares of Calix in a research report on Thursday, April 23rd. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Calix has an average rating of “Moderate Buy” and a consensus target price of $67.00.

Calix Trading Up 1.4%

CALX stock opened at $39.17 on Friday. The business’s fifty day moving average price is $38.71 and its 200 day moving average price is $46.63. Calix has a 12-month low of $34.86 and a 12-month high of $71.22. The company has a market capitalization of $2.50 billion, a PE ratio of 81.61 and a beta of 1.23.

Calix (NYSE:CALX) last announced its earnings results on Tuesday, April 21st. The communications equipment provider reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. The company had revenue of $279.98 million during the quarter, compared to analysts’ expectations of $277.50 million. Calix had a return on equity of 4.30% and a net margin of 3.20%.Calix’s revenue for the quarter was up 27.2% on a year-over-year basis. During the same period last year, the business posted $0.19 EPS. Calix has set its Q2 2026 guidance at 0.350-0.450 EPS. Research analysts predict that Calix will post 0.85 EPS for the current fiscal year.

Calix announced that its board has authorized a share buyback program on Tuesday, April 21st that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the communications equipment provider to purchase up to 3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director Carl Russo sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $43.26, for a total value of $1,081,500.00. Following the sale, the director owned 1,644,188 shares of the company’s stock, valued at $71,127,572.88. This trade represents a 1.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.44% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Calix

A number of large investors have recently modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in shares of Calix by 63.0% in the 4th quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider’s stock valued at $29,000 after purchasing an additional 213 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Calix during the second quarter worth $30,000. Caitong International Asset Management Co. Ltd increased its holdings in Calix by 24,733.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 745 shares of the communications equipment provider’s stock valued at $39,000 after buying an additional 742 shares during the last quarter. Strive Financial Group LLC purchased a new position in Calix in the fourth quarter valued at $40,000. Finally, Harbor Investment Advisory LLC purchased a new position in Calix in the second quarter valued at $31,000. 98.14% of the stock is owned by hedge funds and other institutional investors.

Calix News Roundup

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Calix announced that Consolidated Business Services, which supports eight rural broadband cooperatives, selected the AI-native Calix One platform and Calix Agent Workforce Cloud to improve residential, business, and MDU customer experiences. This suggests continued product adoption and could support revenue growth. Article: CBS Selects AI-Native Calix One To Transform How 8 Rural Cooperatives Win Across Residential, Business, and Multifamily Properties
• Neutral Sentiment: Investor attention is also on Calix’s upcoming second-quarter earnings report, due July 20, with analysts expecting higher results than last year. A solid print or raised guidance could help the stock. Article: Calix Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Negative Sentiment: Multiple law firms issued reminders about a pending securities-fraud class action against Calix, with a lead-plaintiff deadline of July 27 for investors who bought shares between January 28 and April 21, 2026. These repeated lawsuit alerts can create headline risk and pressure sentiment. Article: CALX Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Calix, Inc. Securities Lawsuit

Calix Company Profile

Calix, Inc is a provider of cloud and software platforms, systems, and services that enable broadband service providers to transform their networks and subscriber experiences. The company’s flagship Calix Cloud platform delivers real-time analytics, automation and intelligence designed to simplify network operations, improve service agility and drive revenue growth. Calix also offers a comprehensive suite of premises and access systems, including broadband access nodes, fiber-to-the-home optics and residential gateways under the GigaSpire brand.

Through its software-defined network architecture, Calix helps service providers virtualize key network functions and introduce new services with minimal capital expenditure.