Calix (NYSE:CALX) Board of Directors Declares Share Buyback Program

Calix (NYSE:CALX) announced that its board has approved a share buyback plan on Wednesday, January 28th, RTT News reports. The company plans to repurchase $125.00 million in shares. This repurchase authorization permits the communications equipment provider to buy up to 3.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Calix Stock Down 11.9%

NYSE:CALX opened at $46.65 on Friday. Calix has a 12-month low of $28.60 and a 12-month high of $71.22. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of 186.60 and a beta of 1.55. The stock’s 50 day moving average price is $54.55 and its two-hundred day moving average price is $57.71.

Calix (NYSE:CALX) last posted its earnings results on Wednesday, January 28th. The communications equipment provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. Calix had a return on equity of 2.36% and a net margin of 1.79%.The business had revenue of $272.40 million for the quarter, compared to analyst estimates of $267.36 million. During the same period in the previous year, the firm earned $0.08 EPS. The firm’s revenue was up 32.2% compared to the same quarter last year. Calix has set its Q1 2026 guidance at 0.340-0.400 EPS. Equities research analysts expect that Calix will post -0.43 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CALX shares. Zacks Research lowered Calix from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. JPMorgan Chase & Co. raised Calix from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $75.00 to $90.00 in a research report on Thursday, January 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Calix in a research report on Monday, December 29th. UBS Group reissued an “outperform” rating and set a $75.00 target price on shares of Calix in a research note on Friday, October 31st. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $85.00 price target on shares of Calix in a research note on Tuesday. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Calix currently has a consensus rating of “Moderate Buy” and an average price target of $82.00.

Insider Activity

In other news, insider Shane Todd Marshall Eleniak sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $65.34, for a total transaction of $3,267,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Carl Russo sold 420,000 shares of Calix stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $64.09, for a total transaction of $26,917,800.00. Following the sale, the director directly owned 1,694,188 shares of the company’s stock, valued at $108,580,508.92. The trade was a 19.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 520,000 shares of company stock valued at $33,449,800 over the last ninety days. 16.90% of the stock is currently owned by company insiders.

Trending Headlines about Calix

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Q4 results beat consensus and management gave stronger Q1 guidance — Calix reported quarterly revenue up ~32% YoY and EPS that beat estimates; management guided Q1 EPS above Street expectations and lifted revenue guidance, which supports near-term growth expectations. Calix, Inc. (CALX) Q4 2025 Earnings Call Transcript
• Positive Sentiment: Board approved a $125 million buyback (~3.4% of shares) — a sizable repurchase program signals management believes the shares are undervalued and can provide support to the stock over time. RTT News
• Positive Sentiment: Analyst sentiment is constructive — several firms (including Rosenblatt and others) are maintaining buy/overweight ratings and high price targets, and some coverage points to double‑digit to multi‑dozen percent upside versus current levels. This analyst optimism can fuel buying if estimates continue to move up. Wall Street Analysts Believe Calix (CALX) Could Rally 54.83%
• Neutral Sentiment: Institutional activity shows mixed but meaningful repositioning — several large funds added material positions in recent quarters, which can amplify intraday moves as managers rebalance. QuiverQuant CALX coverage
• Negative Sentiment: Profitability and valuation concerns remain — despite top‑line growth and an EPS beat, some operating and net‑income metrics showed weakness year‑over‑year in the detailed release, and CALX trades at a high trailing multiple, leaving the stock sensitive to margin/earnings execution. QuiverQuant CALX coverage
• Negative Sentiment: Technical and liquidity pressure — the stock traded at multi‑times its average volume today and remains below its 50‑ and 200‑day moving averages, which can accelerate downward moves as short‑term traders and algorithms react. MarketBeat CALX quote

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.