Calix, Inc (NYSE:CALX) Receives $67.00 Consensus PT from Analysts

Calix, Inc (NYSE:CALX) has received a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $67.00.

Several analysts have recently commented on the stock. Wall Street Zen upgraded shares of Calix from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Weiss Ratings lowered Calix from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 2nd. Needham & Company LLC decreased their price target on Calix from $70.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Northland Securities downgraded Calix from an “outperform” rating to a “market perform” rating and set a $52.00 price objective on the stock. in a research report on Wednesday, April 22nd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $70.00 price objective on shares of Calix in a research report on Wednesday, June 10th.

Calix Stock Up 1.5%

CALX traded up $0.58 during midday trading on Tuesday, reaching $40.31. The company had a trading volume of 979,184 shares, compared to its average volume of 1,135,161. The business has a 50-day moving average of $39.20 and a two-hundred day moving average of $47.18. Calix has a 1 year low of $34.86 and a 1 year high of $71.22. The company has a market cap of $2.57 billion, a P/E ratio of 83.97 and a beta of 1.23.

Calix (NYSE:CALX) last released its earnings results on Tuesday, April 21st. The communications equipment provider reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.03. Calix had a net margin of 3.20% and a return on equity of 4.30%. The company had revenue of $279.98 million during the quarter, compared to analyst estimates of $277.50 million. During the same period in the prior year, the firm posted $0.19 EPS. The firm’s quarterly revenue was up 27.2% compared to the same quarter last year. Calix has set its Q2 2026 guidance at 0.350-0.450 EPS. On average, equities research analysts predict that Calix will post 0.85 EPS for the current year.

Calix announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, April 21st that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the communications equipment provider to reacquire up to 3% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other Calix news, Director Carl Russo sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $43.26, for a total value of $1,081,500.00. Following the completion of the transaction, the director directly owned 1,644,188 shares in the company, valued at $71,127,572.88. This represents a 1.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 17.44% of the company’s stock.

Hedge Funds Weigh In On Calix

Several hedge funds have recently modified their holdings of CALX. Farther Finance Advisors LLC boosted its holdings in shares of Calix by 63.0% during 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 during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Calix in the second quarter worth about $30,000. Harbor Investment Advisory LLC purchased a new stake in shares of Calix in the second quarter worth about $31,000. Caitong International Asset Management Co. Ltd boosted its stake in Calix by 24,733.3% during 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. Finally, Strive Financial Group LLC purchased a new position in Calix during the 4th quarter valued at approximately $40,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

More Calix News

Here are the key news stories impacting Calix this week:

• Negative Sentiment: Multiple law firms, including Bragar Eagel & Squire, Robbins LLP, Faruqi & Faruqi, The Gross Law Firm, Rosen Law Firm, Schall Law Firm, Bernstein Liebhard, and Howard G. Smith, issued reminders that a securities class action is underway and that the July 27, 2026 lead-plaintiff deadline is approaching. Article: CALIX, INC. CLASS ACTION ALERT: Bragar Eagel & Squire, P.C.
• Negative Sentiment: The repeated lawsuit notices may keep pressure on CALX shares by reminding investors of possible litigation and disclosure-related risk. Article: CALX Lead Plaintiff Deadline Approaching: Robbins LLP
• Neutral Sentiment: Zacks published a preview suggesting Calix could beat estimates again in its next earnings report, which may support investor confidence, but it is only an outlook piece rather than new company guidance or results. Article: Will Calix (CALX) Beat Estimates Again in Its Next Earnings Report?

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.