Calix (NYSE:CALX) Releases Q2 2025 Earnings Guidance

Calix (NYSE:CALX - Get Free Report) updated its second quarter 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.180-0.240 for the period, compared to the consensus estimate of 0.160. The company issued revenue guidance of $221.0 million-$227.0 million, compared to the consensus revenue estimate of $211.1 million.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on CALX shares. Rosenblatt Securities boosted their target price on Calix from $51.00 to $52.00 and gave the stock a "buy" rating in a research report on Wednesday. Roth Capital set a $50.00 price objective on shares of Calix and gave the stock a "buy" rating in a report on Tuesday. Needham & Company LLC reaffirmed a "buy" rating and set a $53.00 target price on shares of Calix in a report on Tuesday. JPMorgan Chase & Co. boosted their price target on shares of Calix from $34.00 to $38.00 and gave the stock a "neutral" rating in a research note on Wednesday. Finally, UBS Group reiterated a "buy" rating on shares of Calix in a report on Tuesday. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Calix presently has a consensus rating of "Moderate Buy" and a consensus price target of $47.83.

Calix Trading Up 1.6 %

Shares of CALX traded up $0.61 during trading hours on Friday, reaching $39.66. 1,453,897 shares of the stock traded hands, compared to its average volume of 679,196. Calix has a 52-week low of $27.60 and a 52-week high of $42.50. The company's 50-day moving average price is $34.97 and its two-hundred day moving average price is $35.82. The company has a market cap of $2.64 billion, a P/E ratio of -88.13 and a beta of 1.75.

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 (EPS) 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 the consensus estimate of $206.98 million. Calix had a negative return on equity of 3.43% and a negative net margin of 3.58%. During the same quarter in the previous year, the company posted $0.21 EPS. On average, research analysts forecast that Calix will post -0.43 EPS for the current year.

Calix declared that its Board of Directors has approved a share repurchase program on Monday, April 21st that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the communications equipment provider to repurchase up to 4.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued.

Insider Transactions at Calix

In other news, Director Carl Russo sold 25,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $38.15, for a total transaction of $953,750.00. Following the transaction, the director now owns 2,164,188 shares of the company's stock, valued at approximately $82,563,772.20. The trade was a 1.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 16.90% of the company's stock.

About Calix

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.