Calix Stock Price, News & Analysis (NYSE:CALX) $39.58 +0.99 (+2.57%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$38.48▼$39.7050-Day Range$32.72▼$45.9552-Week Range$31.95▼$77.44Volume631,404 shsAverage Volume714,694 shsMarket Capitalization$2.61 billionP/E Ratio58.21Dividend YieldN/APrice Target$69.88 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Calix MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside76.5% Upside$69.88 Price TargetShort InterestHealthy4.66% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.25Based on 2 Articles This WeekInsider TradingSelling Shares$1.99 M Sold Last QuarterProj. Earnings Growth26.09%From $0.69 to $0.87 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.2.71 out of 5 starsComputer And Technology Sector65th out of 609 stocksCommunication Services, Not Elsewhere Classified Industry1st out of 8 stocks 3.4 Analyst's Opinion Consensus RatingCalix has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $69.88, Calix has a forecasted upside of 76.5% from its current price of $39.58.Amount of Analyst CoverageCalix has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.66% of the float of Calix has been sold short.Short Interest Ratio / Days to CoverCalix has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Calix has recently increased by 4.65%, 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 1.5 News and Social Media Coverage News SentimentCalix has a news sentiment score of -0.25. 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 lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Calix this week, compared to 4 articles on an average week.MarketBeat Follows5 people have added Calix to their MarketBeat watchlist in the last 30 days. This is an increase of 25% 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 $1,988,400.00 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 26.09% in the coming year, from $0.69 to $0.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calix is 58.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Calix is 58.21, 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 259.52.Price to Book Value per Share RatioCalix has a P/B Ratio of 3.47. 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 Stock (NYSE:CALX)Calix, 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CALX Stock News HeadlinesNovember 27, 2023 | seekingalpha.comCalix: Pullback For The Stock Is In, Time To Buy AgainNovember 26, 2023 | finance.yahoo.comInvestors in Calix (ASX:CXL) have seen incredible returns of 338% over the past five yearsDecember 2, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 22, 2023 | msn.comWall Street Analysts Predict a 64.14% Upside in Calix (CALX): Here's What You Should KnowNovember 22, 2023 | finance.yahoo.comWall Street Analysts Predict a 64.14% Upside in Calix (CALX): Here's What You Should KnowNovember 21, 2023 | finance.yahoo.comCalix, Inc. (NYSE:CALX) institutional owners may be pleased with recent gains after 43% loss over the past yearNovember 17, 2023 | businesswire.comBroadband Providers Can Rapidly Deploy SmartLife Managed Services While Achieving Impressive 50 Percent Improvements in Sustainability With Advancements for Calix Intelligent ...November 16, 2023 | businesswire.comCalix Increases Stock Repurchase Authorization by An Additional $100 MillionDecember 2, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 15, 2023 | finance.yahoo.comCustomer Support Teams Can Now Access Relevant Operational Insights in Calix Cloud With One Click To Drive Faster Issue ResolutionNovember 9, 2023 | benzinga.comCalix Debuts on Fortune's 100 Fastest-Growing Companies List for 2023November 9, 2023 | businesswire.comCalix Debuts on Fortune’s 100 Fastest-Growing Companies List for 2023November 8, 2023 | finance.yahoo.comSmithville Leverages the Calix Platform To Launch SmartBiz in Just Two Months To Support Indiana Small BusinessesNovember 7, 2023 | finance.yahoo.comAn Intrinsic Calculation For Calix, Inc. (NYSE:CALX) Suggests It's 22% UndervaluedNovember 3, 2023 | businesswire.comSCTelcom Transforms Rural Broadband Experiences by Leveraging Calix SmartLife Managed Services for Home, School, and Around TownOctober 30, 2023 | msn.comDown -28.64% in 4 Weeks, Here's Why You Should You Buy the Dip in Calix (CALX)October 26, 2023 | msn.comRoth MKM Maintains Calix (CALX) Buy RecommendationOctober 26, 2023 | msn.comRosenblatt Maintains Calix (CALX) Buy RecommendationOctober 25, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Markforged Holding (MKFG) and Calix (CALX)October 25, 2023 | finance.yahoo.comQ3 2023 Calix Inc Earnings CallOctober 24, 2023 | finance.yahoo.comCalix (NYSE:CALX) Might Have The Makings Of A Multi-BaggerOctober 24, 2023 | msn.comWhy Calix Stock Is Plummeting TodayOctober 23, 2023 | benzinga.comCalix Stock Sinks Following Q3 Earnings, Q4 GuidanceOctober 23, 2023 | finance.yahoo.comCalix (CALX) Surpasses Q3 Earnings and Revenue EstimatesOctober 23, 2023 | finance.yahoo.comCalix Releases Third Quarter 2023 Financial ResultsOctober 18, 2023 | finance.yahoo.comCalix Innovations Awards Honor 7 Trailblazing Customers Who Are Winning the Hearts and Minds of Subscribers While Growing Their CommunitiesOctober 18, 2023 | finance.yahoo.comCalix Awards Innovative Partners Enabling Broadband Providers To Transform Their Businesses, Drive Growth, and Create Greater Value For Their CommunitiesSee 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 Earnings10/24/2023Today12/01/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/24/2024Get 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 Target$69.88 High Stock Price Target$88.00 Low Stock Price Target$42.00 Potential Upside/Downside+76.5%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.68 Trailing P/E Ratio58.21 Forward P/E Ratio57.36 P/E GrowthN/ANet Income$41.01 million Net Margins4.69% Pretax Margin5.68% Return on Equity7.08% Return on Assets5.58% Debt Debt-to-Equity RatioN/A Current Ratio4.22 Quick Ratio3.14 Sales & Book Value Annual Sales$867.83 million Price / Sales3.01 Cash Flow$0.85 per share Price / Cash Flow46.36 Book Value$11.40 per share Price / Book3.47Miscellaneous Outstanding Shares65,900,000Free Float54,901,000Market Cap$2.61 billion OptionableOptionable Beta1.56 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Michael Weening (Age 54)CEO, President & 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. Jim FanucchiVice President of Investor RelationsMr. Douglas W. McNitt (Age 58)Executive VP, General Counsel & Corporate Secretary Mr. Mark DresslerChief Revenue OfficerMs. Martha GalleyExecutive Vice President of Corporate Social ResponsibilityMs. Parul KapoorSenior Vice President of Talent & CultureMr. Jerry CederlundSenior Vice President of Supply Chain OperationsMore ExecutivesKey CompetitorsEchoStarNASDAQ:SATSGlobalstarNYSE:GSATCogent CommunicationsNASDAQ:CCOIGogoNASDAQ:GOGOAST SpaceMobileNASDAQ:ASTSView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 313,380 shares on 12/1/2023Ownership: 2.411%Deutsche Bank AGSold 22,640 shares on 11/24/2023Ownership: 0.329%Walleye Trading LLCBought 33,400 shares on 11/21/2023Ownership: 0.000%Walleye Capital LLCBought 34,700 shares on 11/21/2023Ownership: 0.000%Comerica BankBought 23,883 shares on 11/21/2023Ownership: 0.036%View All Insider TransactionsView All Institutional Transactions CALX Stock Analysis - Frequently Asked Questions Should I buy or sell Calix stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CALX shares. View CALX analyst ratings or view top-rated stocks. What is Calix's stock price target for 2024? 7 equities research analysts have issued twelve-month price targets for Calix's stock. Their CALX share price targets range from $42.00 to $88.00. On average, they predict the company's share price to reach $69.88 in the next twelve months. This suggests a possible upside of 76.5% 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 beginning of the year. Since then, CALX stock has decreased by 42.2% and is now trading at $39.58. View the best growth stocks for 2023 here. Are investors shorting Calix? Calix saw a drop in short interest in October. As of October 31st, there was short interest totaling 2,580,000 shares, a drop of 20.9% from the October 15th total of 3,260,000 shares. Based on an average daily trading volume, of 694,900 shares, the days-to-cover ratio is presently 3.7 days. Currently, 4.5% of the company's stock are short sold. View Calix's Short Interest. When is Calix's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024. View our CALX earnings forecast. How were Calix's earnings last quarter? Calix, Inc. (NYSE:CALX) posted its earnings results on Tuesday, October, 24th. The communications equipment provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.09. The communications equipment provider earned $263.80 million during the quarter, compared to analysts' expectations of $263.23 million. Calix had a trailing twelve-month return on equity of 7.08% and a net margin of 4.69%. The business's revenue was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.18 EPS. 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 issued an update on its fourth quarter earnings guidance on Monday, October, 23rd. The company provided earnings per share guidance of $0.33-$0.39 for the period, compared to the consensus EPS estimate of $0.35. The company issued revenue guidance of $261-$267 million, compared to the consensus revenue estimate of $265.68 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). Who are Calix's major shareholders? Calix's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (2.41%), Ameriprise Financial Inc. (2.17%), Bank of New York Mellon Corp (1.99%), Paradigm Capital Management Inc. NY (1.85%), Artisan Partners Limited Partnership (1.63%) and Northern Trust Corp (1.28%). Insiders that own company stock include Christopher J Bowick, Christopher J Bowick, Cory Sindelar, Donald J Listwin, J Daniel Plants, John Matthew Collins, Kathleen M Crusco, Kevin A Denuccio, Kevin A Denuccio, Kira Makagon, Michael Matthews, Michael Weening and Shane Todd Marshall Eleniak. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. 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 This page (NYSE:CALX) was last updated on 12/2/2023 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. 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