Northland Securities Forecasts Calix Q1 Earnings

Key Points

• Northland Securities forecasts Calix Q1 2027 EPS of $0.33 and estimates earnings will rise to $0.40, $0.47, and $0.48 in the following three quarters. It maintains an Outperform rating and a $52 price target.
• Calix’s latest quarter delivered EPS of $0.44, beating the $0.42 consensus, while revenue of $301.71 million came in below estimates despite growing 13.7% year over year.
• Shares recently traded at $31.91, down 5.7%; analyst views remain broadly positive, with a Moderate Buy consensus and an average price target of $55.80, though JPMorgan lowered its target to $50.

Calix, Inc (NYSE:CALX - Free Report) - Investment analysts at Northland Securities issued their Q1 2027 earnings per share estimates for shares of Calix in a research note issued to investors on Wednesday, November 4th. Northland Securities analyst T. Savageaux expects that the communications equipment provider will earn $0.33 per share for the quarter. Northland Securities currently has an "Outperform" rating and a $52.00 target price on the stock. The consensus estimate for Calix's current full-year earnings is $0.89 per share. Northland Securities also issued estimates for Calix's Q2 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.47 EPS and Q4 2027 earnings at $0.48 EPS.

Calix (NYSE:CALX - Get Free Report) last issued its quarterly earnings data on Monday, November 2nd. The communications equipment provider reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.02. Calix had a return on equity of 5.67% and a net margin of 3.99%. The business had revenue of $301.71 million for the quarter, compared to analyst estimates of $304.23 million. During the same quarter in the previous year, the company posted $0.44 EPS. Calix's quarterly revenue was up 13.7% compared to the same quarter last year.

CALX has been the topic of several other reports. Wall Street Zen upgraded Calix from a "buy" rating to a "strong-buy" rating in a report on Saturday, October 31st. JPMorgan Chase & Co. dropped their price objective on shares of Calix from $58.00 to $50.00 and set an "overweight" rating for the company in a report on Wednesday. Zacks Research upgraded shares of Calix from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 18th. Roth Capital reissued a "buy" rating on shares of Calix in a report on Tuesday, July 21st. Finally, Rosenblatt Securities restated a "buy" rating and issued a $55.00 price target on shares of Calix in a research report on Wednesday. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $55.80.

Calix Trading Down 5.7%

Calix stock opened at $31.91 on Friday. The stock has a 50-day moving average price of $35.74 and a two-hundred day moving average price of $42.20. Calix has a 12 month low of $31.84 and a 12 month high of $67.81. The company has a market capitalization of $2.01 billion, a PE ratio of 46.93 and a beta of 1.21.

Institutional Investors Weigh In On Calix

A number of institutional investors have recently made changes to their positions in CALX. BlackRock Inc. bought a new position in shares of Calix in the 2nd quarter worth about $439,461,000. Dimensional Fund Advisors LP lifted its stake in shares of Calix by 28.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,218,495 shares of the communications equipment provider's stock valued at $59,699,000 after purchasing an additional 269,876 shares during the period. Paradigm Capital Management Inc. NY bought a new stake in shares of Calix during the 2nd quarter valued at about $37,213,000. Fort Washington Investment Advisors Inc. OH bought a new stake in shares of Calix during the 3rd quarter valued at about $32,090,000. Finally, Bank of America Corp DE grew its stake in Calix by 63.3% during the first quarter. Bank of America Corp DE now owns 750,117 shares of the communications equipment provider's stock worth $36,748,000 after purchasing an additional 290,661 shares during the period. Institutional investors own 98.14% of the company's stock.

Calix News Roundup

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating and $55 price target, indicating substantial upside in the firm’s view. Calix Stock Keeps Buy Rating at Rosenblatt Securities
• Positive Sentiment: Coverage highlights record revenue and Calix’s AI push as potential growth catalysts. The company’s latest reported quarterly revenue grew 13.7% year over year. Record Revenue and AI Push Could Be a Game Changer for Calix
• Neutral Sentiment: JPMorgan cut its price target from $58 to $50 but maintained an Overweight rating, reflecting a more cautious outlook while retaining a positive recommendation. JPMorgan analyst recommendations
• Negative Sentiment: Q3 results showed earnings per share of $0.44, ahead of the $0.42 consensus, but revenue of $301.71 million missed estimates. Recent coverage emphasizes profit and margin pressure, weighing on the reaction to the results. Calix Stock Drops After Q3 Results Expose Profit Pressure
• Negative Sentiment: A report flags potential FCC regulatory risks that could affect router approvals and firmware updates after 2029, adding uncertainty to Calix’s outlook. Calix Faces Rising FCC Regulatory Risks
• Negative Sentiment: Other recent analysis argues CALX may still be overvalued despite its steep decline, which could limit investor enthusiasm. Calix Stock Still Looks Overvalued After a 51% Fall

Calix Company Profile

Calix, Inc provides cloud, software and broadband access solutions to communications service providers. Its technology helps broadband operators deploy, manage and monetize high-speed internet and related services for residential and business customers.

The company's offerings include broadband access systems, subscriber premise equipment, cloud-based software and analytics, and managed services. Its portfolio supports fiber, fixed wireless and other broadband networks, while enabling providers to deliver services such as Wi-Fi management, network security, connected home applications and business connectivity.

Founded in 1999 and headquartered in San Jose, California, Calix serves broadband service providers primarily in North America, with customers and operations in other international markets.

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