Calix Stock Forecast, Price & News

Calix (NYSE:CALX) Frequently Asked Questions

Is Calix a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calix in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Calix stock.
View analyst ratings for Calix or view top-rated stocks.

How has Calix's stock price been impacted by COVID-19 (Coronavirus)?

Calix's stock was trading at $7.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CALX shares have increased by 803.6% and is now trading at $68.04.
View which stocks have been most impacted by COVID-19.

Are investors shorting Calix?

Calix saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,850,000 shares, a decrease of 31.0% from the October 31st total of 2,680,000 shares. Based on an average daily trading volume, of 539,900 shares, the short-interest ratio is currently 3.4 days. Approximately 3.3% of the company's stock are sold short.
View Calix's Short Interest.

When is Calix's next earnings date?

Calix is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Calix.

How were Calix's earnings last quarter?

Calix, Inc. (NYSE:CALX) announced its earnings results on Sunday, October, 24th. The communications equipment provider reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.07. The communications equipment provider earned $172.23 million during the quarter, compared to analyst estimates of $167.68 million. Calix had a net margin of 36.05% and a trailing twelve-month return on equity of 22.95%. The business's revenue for the quarter was up 14.4% on a year-over-year basis. During the same period last year, the business posted $0.34 earnings per share.
View Calix's earnings history.

What guidance has Calix issued on next quarter's earnings?

Calix issued an update on its fourth quarter 2021 earnings guidance on Monday, November, 1st. The company provided EPS guidance of $0.200-$0.250 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.210. The company issued revenue guidance of $170 million-$176 million, compared to the consensus revenue estimate of $163.11 million.

What price target have analysts set for CALX?

8 Wall Street analysts have issued twelve-month price objectives for Calix's shares. Their forecasts range from $13.00 to $90.00. On average, they expect Calix's stock price to reach $58.50 in the next twelve months. This suggests that the stock has a possible downside of 14.0%.
View analysts' price targets for Calix or view top-rated stocks among Wall Street analysts.

Who are Calix's key executives?

Calix's management team includes the following people:

• Carl E. Russo, Chairman & Chief Executive Officer
• Michael Weening, President & Chief Operating Officer (LinkedIn Profile)
• Cory Joseph Sindelar, Chief Financial & Accounting Officer
• Suzanne Tom, Secretary, Senior Vice President & General Counsel
• Todd Ortberg, Senior Vice President-Strategic Development

What is Carl Russo's approval rating as Calix's CEO?

225 employees have rated Calix CEO Carl Russo on Glassdoor.com. Carl Russo has an approval rating of 98% among Calix's employees. This puts Carl Russo in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Calix's key competitors?

Some companies that are related to Calix include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Viasat (VSAT), EchoStar (SATS), InterDigital (IDCC), Infinera (INFN), Extreme Networks (EXTR), Harmonic (HLIT), ADTRAN (ADTN) and Ribbon Communications (RBBN).
View all of CALX's competitors.

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."

Who are Calix's major shareholders?

Calix's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.40%), Alliancebernstein L.P. (4.69%), Thrivent Financial for Lutherans (4.21%), Lord Abbett & CO. LLC (4.18%), Bank of New York Mellon Corp (3.10%) and Dimensional Fund Advisors LP (2.85%). Company insiders that own Calix stock include Christopher J Bowick, Christopher J Bowick, Cory Sindelar, Donald J Listwin, J Daniel Plants, John Matthew Collins, Kevin A Denuccio, Michael Matthews, Michael Weening and Shane Todd Marshall Eleniak.
View institutional ownership trends for Calix.

Which institutional investors are selling Calix stock?

CALX stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Invesco Ltd., Redwood Investments LLC, Geode Capital Management LLC, Lord Abbett & CO. LLC, PEAK6 Investments LLC, Two Sigma Advisers LP, and Morgan Stanley. Company insiders that have sold Calix company stock in the last year include Christopher J Bowick, Cory Sindelar, J Daniel Plants, John Matthew Collins, Kevin A Denuccio, Michael Weening, and Shane Todd Marshall Eleniak.
View insider buying and selling activity for Calix or view top insider-selling stocks.

Which institutional investors are buying Calix stock?

CALX stock was bought by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Alliancebernstein L.P., Liontrust Investment Partners LLP, Bank of New York Mellon Corp, Neuberger Berman Group LLC, Wellington Management Group LLP, Thrivent Financial for Lutherans, and Picton Mahoney Asset Management. Company insiders that have bought Calix stock in the last two years include Donald J Listwin, and Michael Weening.
View insider buying and selling activity for Calix or or view top insider-buying stocks.

How do I buy shares of Calix?

Shares of CALX 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.
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What is Calix's stock price today?

One share of CALX stock can currently be purchased for approximately $68.04.

How much money does Calix make?

Calix has a market capitalization of $4.34 billion and generates $541.24 million in revenue each year. The communications equipment provider earns $33.48 million in net income (profit) each year or $3.59 on an earnings per share basis.

How many employees does Calix have?

Calix employs 785 workers across the globe.

Does Calix have any subsidiaries?

The following companies are subsidiares of Calix: Calix Brasil Servicos Ltda, Calix Network Technology Development (Nanjing) Co. Ltd., Calix Networks Canada Inc., Calix Networks UK Ltd, Occam Networks Inc., and Optical Solutions Inc..

When was Calix founded?

Calix was founded in 1998.

What is Calix's official website?

The official website for Calix is www.calix.com.

Where are Calix's headquarters?

Calix is headquartered at 2777 ORCHARD PARKWAY, SAN JOSE CA, 95134.

How can I contact Calix?

Calix's mailing address is 2777 ORCHARD PARKWAY, SAN JOSE CA, 95134. The communications equipment provider can be reached via phone at (408) 514-3000, via email at [email protected], or via fax at 707-283-3100.