Top-Rated StocksTop-RatedNYSE:CALX Calix (CALX) Stock Forecast, Price & News $45.66 -0.18 (-0.39%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$45.12▼$46.0350-Day Range$40.14▼$47.9552-Week Range$39.61▼$77.44Volume355,885 shsAverage Volume680,322 shsMarket Capitalization$3.03 billionP/E Ratio72.48Dividend YieldN/APrice Target$79.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Calix MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside73.0% Upside$79.00 Price TargetShort InterestBearish4.37% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.31Based on 6 Articles This WeekInsider TradingSelling Shares$4.79 M Sold Last QuarterProj. Earnings Growth43.86%From $0.57 to $0.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.76 out of 5 starsComputer And Technology Sector115th out of 612 stocksCommunication Services, Not Elsewhere Classified Industry1st out of 9 stocks 3.4 Analyst's Opinion Consensus RatingCalix has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $79.00, Calix has a forecasted upside of 73.0% from its current price of $45.66.Amount of Analyst CoverageCalix has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.37% of the float of Calix has been sold short.Short Interest Ratio / Days to CoverCalix has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Calix has recently increased by 4.94%, indicating that investor sentiment is decreasing. 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 3.0 News and Social Media Coverage News SentimentCalix has a news sentiment score of 1.31. 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 is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Calix this week, compared to 5 articles on an average week.Search InterestOnly 2 people have searched for CALX on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Calix to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,786,200.00 in 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 Institutions81.35% of the stock of Calix is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Calix are expected to grow by 43.86% in the coming year, from $0.57 to $0.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calix is 72.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Calix is 72.48, 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 255.59.Price to Book Value per Share RatioCalix has a P/B Ratio of 4.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Calix (NYSE:CALX) StockCalix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company's cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services. It provides Calix Cloud platform, a role-based analytics platform comprising Calix Marketing Cloud, Calix Support 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. The company also offers EXOS, an experience innovation platform component and fully integrated with its GigaSpire and GigaPro family of systems to be ready for deployment as a complete subscriber experience solutions for BSP's residential and business subscribers; and AXOS, a software platform to access edge of the network by its architecture and operations. 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CALX Stock News HeadlinesOctober 2, 2023 | finance.yahoo.comCalix to Post Third Quarter 2023 Results on October 23, 2023September 26, 2023 | businesswire.comSix Weeks After Deployment, Brandenburg Telecom Grows Bark Offering To Help Protect 3X More Kentucky Families From Social Media HarmOctober 2, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.September 26, 2023 | finance.yahoo.comWhy Calix, Inc. (NYSE:CALX) Could Be Worth WatchingSeptember 23, 2023 | businesswire.comCalix Continues 24-Year Leadership in US Rural Broadband by Expanding Strategy To Include American Manufacturing, Ensuring Full Participation in the Broadband Equity, Access ...September 22, 2023 | finance.yahoo.comCalix Continues 24-Year Leadership in US Rural Broadband by Expanding Strategy To Include American Manufacturing, Ensuring Full Participation in the Broadband Equity, Access, and Deployment (BEAD) ProgramSeptember 22, 2023 | businesswire.comCalix To Continue 24-Year Leadership in US Rural Broadband, Affirming Commitment to BEAD ‘Build America, Buy America’September 14, 2023 | finance.yahoo.comCalix Launches SmartBiz in the UK, Equipping Altnets With Industry-First Solution to Address the Needs of 5.5 Million Small and Medium EnterprisesOctober 2, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.September 7, 2023 | businesswire.comResponding to Urgent Community Need, Siyeh Communications Is First Tribally Owned Broadband Provider To Deploy Bark To Help Protect Children From Social Media HarmAugust 24, 2023 | tmcnet.comCalix ConneXions 2023 Announces Incredible Leadership Lineup…August 24, 2023 | finance.yahoo.comCalix ConneXions 2023 Announces Incredible Leadership Lineup for Broadband Executives, Featuring Stephen M.R. Covey, Daniel Pink, and Michael D. WatkinsAugust 21, 2023 | finance.yahoo.comCDG's New Public Cloud OSS/BSS Integration with Calix Cloud Enables Broadband Services Providers to Delight Their CustomersAugust 17, 2023 | finance.yahoo.comCalix Enables Communication of Critical Network Information When and Where BSP Teams Need ItAugust 9, 2023 | finance.yahoo.comCalix Enables BSPs To Protect Small Businesses From Cyberthreats With New Security Capabilities for SmartBizAugust 3, 2023 | msn.comCalix (CALX) Price Target Decreased by 5.92% to 78.41July 27, 2023 | seekingalpha.comCalix: A Connectivity Solutions Powerhouse With Unprecedented GrowthJuly 24, 2023 | markets.businessinsider.comNorthland Securities Remains a Buy on Calix (CALX)July 21, 2023 | finance.yahoo.comQ2 2023 Calix Inc Earnings CallJuly 20, 2023 | tmcnet.comStephen M. R. Covey To Deliver ConneXions Keynote on theJuly 20, 2023 | finance.yahoo.comStephen M. R. Covey To Deliver ConneXions Keynote on the Power of Expanding Trust as Broadband Service Providers Transform their Communities and Business ModelJuly 20, 2023 | markets.businessinsider.comJefferies Keeps Their Buy Rating on Calix (CALX)July 19, 2023 | finance.yahoo.comCalix Releases Second Quarter 2023 Financial ResultsJuly 18, 2023 | msn.comRoth MKM Reiterates Calix (CALX) Buy RecommendationJuly 14, 2023 | finance.yahoo.comALLO Communications Secures $650 Million in Sustainable Financing To Accelerate Growth With the World’s Most Energy-Efficient Broadband Platform From CalixJuly 12, 2023 | businesswire.comCalix Market Activation Video Series Earns Cablefax FAXIE for Best ‘Content and Sponsored Marketing Campaign,’ Enabling Marketers To Launch 65 Percent FasterJuly 3, 2023 | finance.yahoo.comCalix to Post Second Quarter 2023 Results on July 19, 2023See 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 CALX Company Calendar Last Earnings7/19/2023Today10/02/2023Next Earnings (Estimated)10/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Communication services, not elsewhere classified Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNYSE:CALX CUSIP13100M50 CIK1406666 Webwww.calix.com Phone(408) 514-3000Fax707-283-3100Employees1,426Year Founded1999Price Target and Rating Average Stock Price Forecast$79.00 High Stock Price Forecast$95.00 Low Stock Price Forecast$49.00 Forecasted Upside/Downside+73.0%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.63 Trailing P/E Ratio72.48 Forward P/E Ratio80.11 P/E GrowthN/ANet Income$41.01 million Net Margins4.47% Pretax Margin6.07% Return on Equity6.66% Return on Assets5.14% Debt Debt-to-Equity RatioN/A Current Ratio3.69 Quick Ratio2.74 Sales & Book Value Annual Sales$867.83 million Price / Sales3.49 Cash Flow$0.83 per share Price / Cash Flow54.94 Book Value$10.38 per share Price / Book4.40Miscellaneous Outstanding Shares66,320,000Free Float55,251,000Market Cap$3.03 billion OptionableOptionable Beta1.52 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Michael Weening (Age 54)CEO, Pres & Director Comp: $1.83MMr. Cory J. Sindelar (Age 54)CFO & Chief Accounting Officer Comp: $767.67kMr. Shane Todd-Marshall Eleniak (Age 55)Chief Product Officer Comp: $637.44kMr. John Matthew Collins (Age 51)Chief Commercial Operating Officer Comp: $633.62kMr. Michel Langlois (Age 61)Chief Technology Officer Mr. Jim FanucchiVP of Investor RelationsMr. Douglas W. McNitt (Age 58)Exec. VP, Gen. Counsel & Corp. Sec. Mr. Mark DresslerChief Revenue OfficerMs. Martha GalleyExec. VP of Corp. Social ResponsibilityMs. Parul KapoorSr. VP of Talent & CultureMore ExecutivesKey CompetitorsEchoStarNASDAQ:SATSCogent CommunicationsNASDAQ:CCOIGogoNASDAQ:GOGOAST SpaceMobileNASDAQ:ASTSEngageSmartNYSE:ESMTView All CompetitorsInsiders & InstitutionsBarclays PLCBought 9,195 shares on 9/21/2023Ownership: 0.070%Portside Wealth Group LLCBought 5,147 shares on 9/1/2023Ownership: 0.008%Wolverine Trading LLCBought 5,959 shares on 8/23/2023Ownership: 0.009%Virginia Retirement Systems ET ALBought 9,200 shares on 8/22/2023Ownership: 0.014%Teachers Retirement System of The State of KentuckyBought 935 shares on 8/21/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions CALX Stock - Frequently Asked Questions Should I buy or sell Calix stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CALX shares. View CALX analyst ratings or view top-rated stocks. What is Calix's stock price forecast for 2023? 8 equities research analysts have issued 1 year target prices for Calix's stock. Their CALX share price forecasts range from $49.00 to $95.00. On average, they expect the company's share price to reach $79.00 in the next twelve months. This suggests a possible upside of 73.0% from the stock's current price. View analysts price targets for CALX or view top-rated stocks among Wall Street analysts. How have CALX shares performed in 2023? Calix's stock was trading at $68.43 at the start of the year. Since then, CALX stock has decreased by 33.3% and is now trading at $45.66. View the best growth stocks for 2023 here. When is Calix's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023. View our CALX earnings forecast. How were Calix's earnings last quarter? Calix, Inc. (NYSE:CALX) announced its earnings results on Wednesday, July, 19th. The communications equipment provider reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. The communications equipment provider earned $261.02 million during the quarter, compared to analysts' expectations of $256.30 million. Calix had a trailing twelve-month return on equity of 6.66% and a net margin of 4.47%. What ETFs hold Calix's stock? ETFs with the largest weight of Calix (NYSE:CALX) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN), SPDR S&P Telecom ETF (XTL), iShares Cybersecurity and Tech ETF (IHAK), Invesco Next Gen Connectivity ETF (PXQ) and Defiance Next Gen Connectivity ETF (FIVG).Burney U.S. Factor Rotation ETF (BRNY). What guidance has Calix issued on next quarter's earnings? Calix updated its third quarter 2023 earnings guidance on Thursday, July, 20th. The company provided earnings per share guidance of $0.32-$0.38 for the period, compared to the consensus earnings per share estimate of $0.33. The company issued revenue guidance of $260.00 million-$265.00 million, compared to the consensus revenue estimate of $259.62 million. 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. What other stocks do shareholders of Calix own? Based on aggregate information from My MarketBeat watchlists, some companies that other Calix investors own include Advanced Micro Devices (AMD), Etsy (ETSY), Overstock.com (OSTK), Enphase Energy (ENPH), Micron Technology (MU), NVIDIA (NVDA), OPKO Health (OPK), Zoom Video Communications (ZM), Fastly (FSLY) and Novavax (NVAX). What is Calix's stock symbol? Calix trades on the New York Stock Exchange (NYSE) under the ticker symbol "CALX." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Calix's stock price today? One share of CALX stock can currently be purchased for approximately $45.66. How much money does Calix make? Calix (NYSE:CALX) has a market capitalization of $3.03 billion and generates $867.83 million in revenue each year. The communications equipment provider earns $41.01 million in net income (profit) each year or $0.63 on an earnings per share basis. How many employees does Calix have? The company employs 1,426 workers across the globe. Does Calix have any subsidiaries? The following companies are subsidiares of Calix: CIDC Private Limited, Calix Brasil Servicos Ltda., Calix International Inc., Calix Network Technology Development (Nanjing) Co. Ltd., Calix Networks UK Ltd., Occam Networks Inc., and Optical Solutions Inc..Read More How can I contact Calix? Calix's mailing address is 2777 ORCHARD PARKWAY, SAN JOSE CA, 95134. The official website for the company is www.calix.com. The communications equipment provider can be reached via phone at (408) 514-3000, via email at jelgindy@kns.com, or via fax at 707-283-3100. This page (NYSE:CALX) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Calix, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.