Northland Securities Forecasts Calix FY2027 Earnings

Calix, Inc (NYSE:CALX) – Stock analysts at Northland Securities issued their FY2027 earnings estimates for Calix in a research report issued on Tuesday, July 21st. Northland Securities analyst T. Savageaux forecasts that the communications equipment provider will post earnings of $1.55 per share for the year. Northland Securities has a “Outperform” rating and a $52.00 price target on the stock. The consensus estimate for Calix’s current full-year earnings is $0.90 per share.

Several other equities research analysts have also weighed in on CALX. Wall Street Zen lowered Calix from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Roth Capital reissued a “buy” rating on shares of Calix in a research report on Tuesday. JPMorgan Chase & Co. decreased their price objective on shares of Calix from $65.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday. Needham & Company LLC lowered their target price on shares of Calix from $70.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Finally, Rosenblatt Securities dropped their target price on shares of Calix from $70.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday. Seven analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $63.86.

Calix Trading Up 0.6%

Calix stock opened at $35.97 on Thursday. Calix has a 1-year low of $34.26 and a 1-year high of $71.22. The firm’s fifty day simple moving average is $38.28 and its 200-day simple moving average is $46.05. The company has a market capitalization of $2.26 billion, a P/E ratio of 48.61 and a beta of 1.23.

Calix (NYSE:CALX) last issued its earnings results on Monday, July 20th. The communications equipment provider reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.07. Calix had a return on equity of 6.17% and a net margin of 4.61%.The company had revenue of $293.33 million for the quarter, compared to analyst estimates of $289.96 million. During the same period in the prior year, the firm posted $0.33 EPS. The business’s revenue was up 21.3% compared to the same quarter last year. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS.

Institutional Trading of Calix

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

Insider Activity at Calix

In other 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 transaction 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. The trade was a 1.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.44% of the stock is currently owned by company insiders.

Calix announced that its Board of Directors has authorized a stock 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 buy up to 3% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

Calix News Roundup

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Northland Securities raised its FY2026 and Q4 2026 earnings estimates for Calix, and reiterated an Outperform rating with a $52 price target, signaling confidence in the company’s longer-term earnings outlook. Northland Securities estimate update
• Positive Sentiment: Calix also continued to receive supportive coverage and upbeat investment commentary, including a report suggesting the stock may be undervalued based on recent earnings performance and 2026 guidance. Calix undervaluation article
• Neutral Sentiment: Business updates also remain constructive, with Calix announcing that Conexon Connect is using Calix Agent Workforce Cloud to expand its rural fiber broadband go-to-market strategy. Conexon Connect announcement
• Neutral Sentiment: Separately, Calix expanded rural AI broadband reach with three new provider deployments, which supports the growth narrative but is not a major near-term catalyst. Rural AI broadband expansion article
• Negative Sentiment: Several law firms issued urgent reminders about the securities class action against Calix and the July 27 lead plaintiff deadline, keeping fraud allegations and potential legal costs front and center for investors. Securities fraud lawsuit reminder
• Negative Sentiment: Additional coverage noted a pessimistic forecast from JPMorgan and a downgrade-related move to new 52-week lows, reinforcing concerns that analysts are becoming more cautious on the stock. JPMorgan pessimistic forecast

About Calix

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.