NYSE:CALX Calix (CALX) Stock Price, News & Analysis $36.68 +1.99 (+5.74%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$34.96▼$36.7950-Day Range$31.33▼$37.3952-Week Range$26.76▼$48.53Volume777,566 shsAverage Volume850,772 shsMarket Capitalization$2.41 billionP/E Ratio118.32Dividend YieldN/APrice Target$42.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Calix alerts: Email Address Calix MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside15.9% Upside$42.50 Price TargetShort InterestBearish5.31% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.49Based on 41 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.27) to $0.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.90 out of 5 starsComputer And Technology Sector332nd out of 612 stocksCommunication Services, Not Elsewhere Classified Industry4th out of 10 stocks 3.3 Analyst's Opinion Consensus RatingCalix has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageCalix has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Calix's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.31% of the float of Calix has been sold short.Short Interest Ratio / Days to CoverCalix has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Calix has recently increased by 13.97%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCalix does not currently pay a dividend.Dividend GrowthCalix does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CALX. Previous Next 3.1 News and Social Media Coverage News SentimentCalix has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 41 news articles for Calix this week, compared to 5 articles on an average week.Search Interest8 people have searched for CALX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added Calix to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calix insiders have not sold or bought any company stock.Percentage Held by Insiders16.69% of the stock of Calix is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions98.14% of the stock of Calix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Calix's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Calix are expected to grow in the coming year, from ($0.27) to $0.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calix is 118.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Calix is 118.32, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 253.64.Price to Book Value per Share RatioCalix has a P/B Ratio of 3.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Calix's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."Click here to see why Wall Street is in PANIC mode >>> About Calix Stock (NYSE:CALX)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. The company provides Calix Cloud platform, a role-based analytics platform comprising Calix Engagement Cloud, Calix Service Cloud, and Calix Operations Cloud, which are configurable to display role-based insights and enable BSPs to anticipate and target new revenue-generating services and applications through mobile application, such as CommandIQ for residents and CommandWorx for businesses; Calix Intelligent Access EDGE, an access network solution for automated and intelligent networks; and Calix Revenue EDGE, a premises solution for subscriber managed services. It also offers SmartLife managed services, including SmartHome managed services and applications to enhance, operate and secure the connected experience of subscribers in their home; SmartTown managed services that reimagine community Wi-Fi as a ubiquitous, secure, and managed experience across a BSP's footprint; and SmartBiz managed services that address the business networking and productivity needs of business owners with an all-in-one managed service. In addition, the company provides Wi-Fi systems under GigaSpire and GigaPro brands to be ready for deployment as a complete subscriber experience solution for BSP's residential and business subscribers. It offers its products through its direct sales force and resellers. The company was incorporated in 1999 and is headquartered in San Jose, California.Read More CALX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CALX Stock News HeadlinesJuly 26 at 11:02 AM | americanbankingnews.comRoth Mkm Raises Calix (NYSE:CALX) Price Target to $44.00July 26 at 3:25 AM | americanbankingnews.comRoth Capital Weighs in on Calix, Inc.'s Q3 2025 Earnings (NYSE:CALX)July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 26 at 1:58 AM | americanbankingnews.comCalix (NYSE:CALX) Downgraded by StockNews.com to "Sell"July 25 at 7:22 AM | americanbankingnews.comCalix (NYSE:CALX) Price Target Increased to $45.00 by Analysts at Rosenblatt SecuritiesJuly 25 at 6:02 AM | americanbankingnews.comCalix (NYSE:CALX) Price Target Increased to $50.00 by Analysts at Craig HallumJuly 24 at 4:38 PM | americanbankingnews.comCalix (NYSE:CALX) Releases Q3 Earnings GuidanceJuly 24 at 4:02 PM | americanbankingnews.comCalix (NYSE:CALX) Releases Q3 2024 Earnings GuidanceJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 24 at 12:22 PM | americanbankingnews.comCalix (NYSE:CALX) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPSJuly 24 at 11:44 AM | americanbankingnews.comCalix (NYSE:CALX) Issues Quarterly Earnings Results, Beats Estimates By $0.03 EPSJuly 24 at 4:18 AM | americanbankingnews.comJPMorgan Chase & Co. Increases Calix (NYSE:CALX) Price Target to $41.00July 23 at 9:32 PM | markets.businessinsider.comMaintaining Buy Rating on Calix: Balancing Near-Term Challenges with Long-Term Growth Prospects and BEAD Program OptimismJuly 23 at 4:32 PM | markets.businessinsider.comBuy Recommendation for Calix: High Potential Amidst Mixed Results and Strong Market PositionJuly 23 at 4:32 PM | seekingalpha.comCalix, Inc. (CALX) Q2 2024 Earnings Call TranscriptJuly 23 at 9:55 AM | americanbankingnews.comNeedham & Company LLC Reaffirms Buy Rating for Calix (NYSE:CALX)July 22, 2024 | msn.comCalix Non-GAAP EPS of $0.09 beats by $0.03, revenue of $198.14M misses by $2.67MJuly 22, 2024 | markets.businessinsider.comThe Analyst Landscape: 6 Takes On CalixSee More Headlines Receive CALX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Calix and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/22/2024Today7/26/2024Next Earnings (Estimated)10/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Communication services, not elsewhere classified Sub-IndustryCommunications Equipment Current SymbolNYSE:CALX CUSIP13100M50 CIK1406666 Webwww.calix.com Phone(408) 514-3000Fax707-283-3100Employees1,760Year Founded1999Price Target and Rating Average Stock Price Target$42.50 High Stock Price Target$50.00 Low Stock Price Target$30.00 Potential Upside/Downside+15.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.31 Trailing P/E Ratio118.32 Forward P/E RatioN/A P/E GrowthN/ANet Income$29.33 million Net Margins0.52% Pretax Margin0.09% Return on Equity4.17% Return on Assets3.34% Debt Debt-to-Equity RatioN/A Current Ratio4.28 Quick Ratio3.14 Sales & Book Value Annual Sales$1.04 billion Price / Sales2.32 Cash Flow$1.70 per share Price / Cash Flow21.55 Book Value$11.46 per share Price / Book3.20Miscellaneous Outstanding Shares65,800,000Free Float54,589,000Market Cap$2.41 billion OptionableOptionable Beta1.76 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Michael Weening (Age 55)CEO, President & Director Comp: $1.86MMr. Cory J. Sindelar (Age 55)CFO & Chief Accounting Officer Comp: $1.1MMr. Shane Todd-Marshall Eleniak (Age 57)Chief Product Officer Comp: $966.01kMr. John Matthew Collins (Age 53)Chief Commercial Operating Officer Comp: $966.01kMr. Jim FanucchiVice President of Investor RelationsMr. Douglas W. McNitt (Age 59)Executive VP, General Counsel & Corporate Secretary Mr. Mark DresslerChief Revenue OfficerMs. Martha GalleyChief Sustainability OfficerMs. Parul KapoorChief Talent & Culture OfficerMr. Jerry CederlundSenior Vice President of Supply Chain OperationsMore ExecutivesKey CompetitorsCienaNYSE:CIENEchoStarNASDAQ:SATSInterDigitalNASDAQ:IDCCViasatNASDAQ:VSATExtreme NetworksNASDAQ:EXTRView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 36,734 shares on 7/26/2024Ownership: 2.237%Baillie Gifford & Co.Bought 5,487 shares on 7/25/2024Ownership: 0.023%Louisiana State Employees Retirement SystemBought 300 shares on 7/24/2024Ownership: 0.045%Nisa Investment Advisors LLCBought 303 shares on 7/20/2024Ownership: 0.004%Portside Wealth Group LLCBought 301 shares on 7/18/2024Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions CALX Stock Analysis - Frequently Asked Questions How have CALX shares performed this year? Calix's stock was trading at $43.69 at the beginning of the year. Since then, CALX shares have decreased by 16.0% and is now trading at $36.68. View the best growth stocks for 2024 here. How were Calix's earnings last quarter? Calix, Inc. (NYSE:CALX) posted its quarterly earnings data on Monday, July, 22nd. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.03. The company's quarterly revenue was down 24.1% compared to the same quarter last year. What is Carl Russo's approval rating as Calix's CEO? 225 employees have rated Calix Chief Executive Officer Carl Russo on Glassdoor.com. Carl Russo has an approval rating of 98% among the company's employees. This puts Carl Russo in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. Does Calix have any subsidiaries? Calix subsidiaries include Occam Networks Inc., Optical Solutions Inc., Calix Brasil Servicos Ltda., Calix International Inc., Calix Networks UK Ltd., Calix Network Technology Development (Nanjing) Co. Ltd., and CIDC Private Limited. Who are Calix's major shareholders? Calix's top institutional shareholders include Bank of New York Mellon Corp (2.24%), Assenagon Asset Management S.A. (0.74%), Artemis Investment Management LLP (0.41%) and Thompson Investment Management Inc. (0.14%). Insiders that own company stock include Donald J Listwin, Kevin A Denuccio, Cory Sindelar, Michael Matthews, Kathleen M Crusco, Kira Makagon, Michael Weening, Christopher J Bowick, J Daniel Plants, Shane Todd Marshall Eleniak and John Matthew Collins. View institutional ownership trends. How do I buy shares of Calix? Shares of CALX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Calix own? Based on aggregate information from My MarketBeat watchlists, some other companies that Calix investors own include Advanced Micro Devices (AMD), Etsy (ETSY), Overstock.com (OSTK), Enphase Energy (ENPH), Micron Technology (MU), NVIDIA (NVDA) and OPKO Health (OPK). This page (NYSE:CALX) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. 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