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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Solar Industry at Start of Long Bull Run? (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Solar Industry at Start of Long Bull Run? (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Scotts Miracle-Gro Hits Bottom, Reversal In Play
Altria is a Great Recession Stock, Long-Term Outlook Uncertain
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Solar Industry at Start of Long Bull Run? (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Solar Industry at Start of Long Bull Run? (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Scotts Miracle-Gro Hits Bottom, Reversal In Play
Altria is a Great Recession Stock, Long-Term Outlook Uncertain
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Solar Industry at Start of Long Bull Run? (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Solar Industry at Start of Long Bull Run? (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Scotts Miracle-Gro Hits Bottom, Reversal In Play
Altria is a Great Recession Stock, Long-Term Outlook Uncertain
NYSE:CALX

Calix - CALX Stock Forecast, Price & News

$53.78
+1.14 (+2.17%)
(As of 02/1/2023 12:00 AM ET)
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Compare
Today's Range
$51.56
$54.17
50-Day Range
$51.10
$74.59
52-Week Range
$31.59
$77.44
Volume
680,779 shs
Average Volume
1.04 million shs
Market Capitalization
$3.52 billion
P/E Ratio
91.15
Dividend Yield
N/A
Price Target
$81.33

Calix MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
51.2% Upside
$81.33 Price Target
Short Interest
Healthy
1.94% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.28mentions of Calix in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$353,250 Sold Last Quarter
Proj. Earnings Growth
65.45%
From $0.55 to $0.91 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.00 out of 5 stars

Computer And Technology Sector

24th out of 614 stocks

Communication Services, Not Elsewhere Classified Industry

1st out of 8 stocks


CALX stock logo

About Calix (NYSE:CALX) Stock

Calix, Inc. provides cloud and software platforms, systems and services required to realize the unified access network. The firm offers broadband communications access systems and software for fiber and copper-based network architectures that enable communications service providers to transform their networks and connect to their residential and business subscribers. It enables communication service providers to provide a wide range of revenue-generating services from basic voice and data to advanced broadband services over legacy and next-generation access networks. The firm focuses on communications service providers access networks with the portion of the network, which governs available bandwidth and determines the range and quality of services that can be offered to subscribers. It also develops and sells carrier-class hardware and software products. The company was founded by Michael L. Hatfield and Carl E. Russo in August 1999 and is headquartered in San Jose, CA.

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CALX Stock News Headlines

3 Late January Earnings Plays With Pop Potential (CALX)
With a historic flair for the dramatic, these three stocks could see some of the biggest pops during fourth quarter earnings season.
Calix (NYSE:CALX) Stock Price Up 3.3% After Analyst Upgrade
Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
Loop Capital Increases Calix (NYSE:CALX) Price Target to $88.00
Calix (NYSE:CALX) Price Target Cut to $80.00
Calix (NYSE:CALX) Price Target Cut to $78.00 by Analysts at Cowen
Calix Releases Fourth Quarter 2022 Financial Results
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Calix Named Public Company of the Year by Light Reading
See More Headlines
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CALX Company Calendar

Last Earnings
10/24/2021
Today
2/02/2023
Next Earnings (Estimated)
4/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
Communications Equipment
CUSIP
13100M50
Employees
954
Year Founded
1999

Price Target and Rating

Average Stock Price Forecast
$81.33
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$61.00
Forecasted Upside/Downside
+51.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Net Income
$41.01 million
Pretax Margin
6.23%

Debt

Sales & Book Value

Annual Sales
$867.83 million
Cash Flow
$0.87 per share
Book Value
$10.38 per share

Miscellaneous

Free Float
54,552,000
Market Cap
$3.52 billion
Optionable
Optionable
Beta
1.54

Social Links


Key Executives

  • Michael WeeningMichael Weening
    President & Chief Executive Officer
  • Cory Joseph Sindelar
    Chief Financial & Accounting Officer
  • Michel Langlois
    Chief Technology Officer
  • Douglas W. McNitt
    Executive Vice President & General Counsel
  • Todd Ortberg
    Senior Vice President-Strategic Development













CALX Stock - Frequently Asked Questions

Should I buy or sell Calix stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CALX shares.
View CALX analyst ratings
or view top-rated stocks.

What is Calix's stock price forecast for 2023?

10 analysts have issued 1 year price targets for Calix's stock. Their CALX share price forecasts range from $61.00 to $95.00. On average, they anticipate the company's share price to reach $81.33 in the next year. This suggests a possible upside of 51.2% 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 21.4% and is now trading at $53.78.
View the best growth stocks for 2023 here
.

Are investors shorting Calix?

Calix saw a drop in short interest in the month of December. As of December 30th, there was short interest totaling 1,150,000 shares, a drop of 13.5% from the December 15th total of 1,330,000 shares. Based on an average daily volume of 494,200 shares, the short-interest ratio is presently 2.3 days. Approximately 2.0% of the company's stock are sold short.
View Calix's Short Interest
.

When is Calix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our CALX earnings forecast
.

How were Calix's earnings last quarter?

Calix, Inc. (NYSE:CALX) posted its quarterly earnings data on Sunday, October, 24th. The communications equipment provider reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.07. The communications equipment provider had revenue of $172.23 million for the quarter, compared to analysts' expectations of $167.68 million. Calix had a trailing twelve-month return on equity of 6.53% and a net margin of 4.73%. The company's revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.34 EPS.

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

Calix issued an update on its first quarter earnings guidance on Wednesday, January, 25th. The company provided earnings per share guidance of $0.24-$0.30 for the period, compared to the consensus estimate of $0.27. The company issued revenue guidance of $242-$248 million, compared to the consensus revenue estimate of $240.69 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."

Who are Calix's major shareholders?

Calix's stock is owned by many different retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.32%), Allspring Global Investments Holdings LLC (0.91%), Redwood Investments LLC (0.51%), New York State Common Retirement Fund (0.23%), Calamos Advisors LLC (0.14%) and New York State Teachers Retirement System (0.09%). Insiders that own company stock include Christopher J Bowick, Christopher J Bowick, Cory Sindelar, Donald J Listwin, 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.

What is Calix's stock price today?

One share of CALX stock can currently be purchased for approximately $53.78.

How much money does Calix make?

Calix (NYSE:CALX) has a market capitalization of $3.52 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 $0.59 on an earnings per share basis.

How many employees does Calix have?

The company employs 954 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 2/2/2023 by MarketBeat.com Staff