Calix (CALX) to Release Earnings on Wednesday

Key Points

• Calix is set to announce its Q3 2025 earnings on Wednesday, October 29, with analysts predicting earnings of $0.34 per share and revenue of $246.213 million.
• The company's recent performance included a revenue increase of 22.1% year-over-year, alongside earnings of $0.33 per share for the previous quarter, surpassing analyst predictions.
• Several analysts have given Calix a mix of ratings, with four assigning a Buy rating and an average price target of $64.00, reflecting a cautious outlook despite a recent price boost from some firms.

Calix (NYSE:CALX - Get Free Report) is anticipated to post its Q3 2025 results after the market closes on Wednesday, October 29th. Analysts expect Calix to post earnings of $0.34 per share and revenue of $246.2130 million for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Thursday, October 30, 2025 at 8:30 AM ET.

Calix (NYSE:CALX - Get Free Report) last posted its quarterly earnings results on Monday, July 21st. The communications equipment provider reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.41. Calix had a negative net margin of 3.09% and a negative return on equity of 3.21%. The business had revenue of $241.90 million for the quarter, compared to analysts' expectations of $223.81 million. During the same period in the prior year, the company posted $0.09 EPS. The business's revenue for the quarter was up 22.1% on a year-over-year basis. On average, analysts expect Calix to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Calix Stock Down 1.0%

Shares of NYSE CALX opened at $59.53 on Wednesday. The stock has a market capitalization of $3.89 billion, a price-to-earnings ratio of -148.82 and a beta of 1.32. Calix has a 52 week low of $28.60 and a 52 week high of $64.30. The firm has a 50-day moving average price of $60.12 and a 200 day moving average price of $51.43.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Rosenblatt Securities boosted their price target on Calix from $56.00 to $65.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Calix in a report on Wednesday, October 8th. Wall Street Zen upgraded Calix from a "hold" rating to a "strong-buy" rating in a research report on Saturday, July 26th. Wolfe Research initiated coverage on Calix in a research report on Monday, July 7th. They issued a "peer perform" rating for the company. Finally, Needham & Company LLC lifted their price target on Calix from $60.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $64.00.

Insider Buying and Selling at Calix

In related news, Director Carl Russo sold 25,000 shares of the stock in a transaction on Monday, July 28th. The stock was sold at an average price of $55.40, for a total transaction of $1,385,000.00. Following the sale, the director owned 2,114,188 shares of the company's stock, valued at $117,126,015.20. This trade represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Cory Sindelar sold 10,000 shares of Calix stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $60.00, for a total value of $600,000.00. Following the sale, the chief financial officer owned 76,555 shares of the company's stock, valued at approximately $4,593,300. This represents a 11.55% decrease in their position. The disclosure for this sale can be found here. Company insiders own 16.90% of the company's stock.

Institutional Investors Weigh In On Calix

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE boosted its position in Calix by 18.6% during the second quarter. Bank of America Corp DE now owns 325,671 shares of the communications equipment provider's stock worth $17,322,000 after acquiring an additional 51,129 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in shares of Calix by 1,166.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 290,026 shares of the communications equipment provider's stock worth $15,427,000 after purchasing an additional 267,118 shares during the period. Public Sector Pension Investment Board lifted its stake in shares of Calix by 5.1% during the 2nd quarter. Public Sector Pension Investment Board now owns 196,704 shares of the communications equipment provider's stock worth $10,463,000 after purchasing an additional 9,515 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Calix by 10.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 176,328 shares of the communications equipment provider's stock worth $6,249,000 after purchasing an additional 16,905 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its position in shares of Calix by 182.4% in the second quarter. Canada Pension Plan Investment Board now owns 151,100 shares of the communications equipment provider's stock valued at $8,037,000 after purchasing an additional 97,600 shares during the period. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

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.

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