Calix (NYSE:CALX) Issues Q3 2025 Earnings Guidance

Calix (NYSE:CALX - Get Free Report) updated its third quarter 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.310-0.371 for the period, compared to the consensus estimate of 0.233. The company issued revenue guidance of $243.0 million-$249.0 million, compared to the consensus revenue estimate of $227.0 million.

Calix Stock Up 0.3%

Shares of NYSE:CALX traded up $0.15 on Monday, reaching $53.82. 1,221,788 shares of the company's stock were exchanged, compared to its average volume of 697,507. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of -103.51 and a beta of 1.37. Calix has a fifty-two week low of $28.61 and a fifty-two week high of $55.85. The business's 50-day moving average is $48.75 and its two-hundred day moving average is $41.15.

Calix (NYSE:CALX - Get Free Report) last released its quarterly earnings data on Monday, April 21st. The communications equipment provider reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.06. The business had revenue of $220.20 million for the quarter, compared to analysts' expectations of $206.98 million. Calix had a negative net margin of 4.20% and a negative return on equity of 4.14%. During the same quarter last year, the company earned $0.21 EPS. Analysts predict that Calix will post -0.43 earnings per share for the current fiscal year.

Calix declared that its board has authorized a stock buyback plan on Monday, April 21st that allows the company to buyback $100.00 million in shares. This buyback authorization allows the communications equipment provider to buy up to 4.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CALX. Wolfe Research started coverage on shares of Calix in a research report on Monday, July 7th. They set a "peer perform" rating for the company. Wall Street Zen lowered shares of Calix from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Rosenblatt Securities restated a "buy" rating and issued a $56.00 price objective on shares of Calix in a research note on Tuesday, July 15th. Needham & Company LLC restated a "buy" rating and issued a $53.00 price objective on shares of Calix in a research note on Tuesday, April 22nd. Finally, UBS Group reiterated a "buy" rating on shares of Calix in a research note on Tuesday, April 22nd. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $50.83.

Insider Buying and Selling at Calix

In related news, CFO Cory Sindelar sold 10,000 shares of Calix stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $52.00, for a total value of $520,000.00. Following the completion of the sale, the chief financial officer owned 76,285 shares of the company's stock, valued at approximately $3,966,820. This trade represents a 11.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Carl Russo sold 25,000 shares of Calix stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $39.59, for a total value of $989,750.00. Following the transaction, the director directly owned 2,139,188 shares of the company's stock, valued at $84,690,452.92. The trade was a 1.16% 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

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada raised its stake in shares of Calix by 11.0% in the first quarter. Royal Bank of Canada now owns 28,022 shares of the communications equipment provider's stock worth $993,000 after buying an additional 2,773 shares during the period. Intech Investment Management LLC lifted its holdings in shares of Calix by 26.8% in the 1st quarter. Intech Investment Management LLC now owns 32,923 shares of the communications equipment provider's stock worth $1,167,000 after buying an additional 6,962 shares during the period. AQR Capital Management LLC raised its position in shares of Calix by 304.1% in the 1st quarter. AQR Capital Management LLC now owns 44,874 shares of the communications equipment provider's stock worth $1,538,000 after acquiring an additional 33,769 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Calix by 10.6% during the 1st 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 buying an additional 16,905 shares during the last quarter. 98.14% of the stock is 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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