Calix (NYSE:CALX - Get Free Report) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.410-0.490 for the period, compared to the consensus earnings per share estimate of 0.400. The company issued revenue guidance of $311.0 million-$317.0 million, compared to the consensus revenue estimate of $314.5 million. Calix also updated its FY 2026 guidance to EPS.
Calix Stock Performance
Shares of NYSE:CALX opened at $36.08 on Tuesday. The stock has a 50-day simple moving average of $36.12 and a 200-day simple moving average of $42.57. The stock has a market capitalization of $2.27 billion, a P/E ratio of 48.76 and a beta of 1.32. Calix has a 1 year low of $32.35 and a 1 year high of $69.73.
Calix (NYSE:CALX - Get Free Report) last posted its quarterly earnings results on Monday, November 2nd. The communications equipment provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. The firm had revenue of $301.71 million for the quarter, compared to analyst estimates of $304.23 million. Calix had a net margin of 4.61% and a return on equity of 6.17%. Calix's revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.44 earnings per share. Analysts predict that Calix will post 0.89 earnings per share for the current year.
Analyst Ratings Changes
A number of equities analysts have recently commented on CALX shares. Northland Securities raised shares of Calix from a "market perform" rating to an "outperform" rating and set a $52.00 target price on the stock in a research note on Tuesday, July 21st. Zacks Research raised shares of Calix from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 18th. Wall Street Zen raised shares of Calix from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Roth Capital reiterated a "buy" rating on shares of Calix in a report on Tuesday, July 21st. Finally, Rosenblatt Securities cut their price objective on Calix from $70.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, July 21st. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $57.40.
View Our Latest Stock Analysis on Calix
Calix Company Profile
(
Get Free Report)
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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