NYSE:CALX Calix (CALX) Stock Price, News & Analysis → AI to Meet the Same Fate as EVs? (From Porter & Company) (Ad) Free CALX Stock Alerts $33.37 -0.13 (-0.39%) (As of 02:21 PM ET) Add Compare Share Share Today's Range$33.28▼$33.6850-Day Range$32.65▼$44.5552-Week Range$31.64▼$56.47Volume253,580 shsAverage Volume1.02 million shsMarket Capitalization$2.18 billionP/E Ratio74.16Dividend YieldN/APrice Target$54.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Calix alerts: Email Address Calix MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside63.4% Upside$54.60 Price TargetShort InterestBearish5.26% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.46Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth108.89%From $0.45 to $0.94 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.3.65 out of 5 starsComputer And Technology Sector194th out of 587 stocksCommunication Services, Not Elsewhere Classified Industry3rd out of 7 stocks 3.4 Analyst's Opinion Consensus RatingCalix has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $54.60, Calix has a forecasted upside of 63.4% from its current price of $33.42.Amount of Analyst CoverageCalix has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.26% of the float of Calix has been sold short.Short Interest Ratio / Days to CoverCalix has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Calix has recently increased by 27.97%, 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 1.9 News and Social Media Coverage News SentimentCalix has a news sentiment score of 0.46. 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 0.58 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 4 people have searched for CALX on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Calix to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Calix are expected to grow by 108.89% in the coming year, from $0.45 to $0.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calix is 74.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Calix is 74.27, 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 246.75.Price to Book Value per Share RatioCalix has a P/B Ratio of 3.06. 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 Ad Porter & CompanyAI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… Simply click here to read Porter’s warning on The Big AI Die-Up now. 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 HeadlinesMarch 27, 2024 | businesswire.comTombigbee Fiber Enables First Responders to Deliver Lifesaving Services in Rural Mississippi With Free Wi-Fi Built on Calix SmartTownMarch 26, 2024 | finance.yahoo.comVelocity Network and GOCare Partner on Digital Customer ExperienceMarch 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… March 23, 2024 | wsj.comCalix Inc.March 20, 2024 | finance.yahoo.comCalix Outperforms on Standards With the World’s Only Systems Portfolio That Is Both TR-369 and TR-398 CertifiedMarch 20, 2024 | businesswire.comCalix Outperforms on Standards With the World's Only Systems Portfolio That Is Both TR-369 and TR-398 CertifiedMarch 19, 2024 | finance.yahoo.comCALX Jul 2024 40.000 callMarch 18, 2024 | finance.yahoo.comDespite shrinking by US$80m in the past week, Calix (NYSE:CALX) shareholders are still up 339% over 5 yearsMarch 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… March 16, 2024 | finance.yahoo.comCALX Jul 2024 30.000 putMarch 16, 2024 | finance.yahoo.comCALX May 2024 50.000 putMarch 14, 2024 | finance.yahoo.comNon Executive Independent Director of Calix Catriona Deans Buys 100% More SharesMarch 6, 2024 | businesswire.comCalix Expands 24-Year Commitment to Rural America With Exclusive Ready.net Partnership To Simplify BEADFebruary 22, 2024 | businesswire.comCalix Broadband Platform Outperforms EU Standards for Broadband Energy Efficiency, Powering Greener Networks Across Europe That Require Half the EnergyFebruary 22, 2024 | ca.finance.yahoo.comCALX Oct 2024 35.000 putFebruary 21, 2024 | finance.yahoo.comCalix Releases Cloud and Network Advancements for the Broadband Industry’s Only End-to-End Platform, Further Simplifying Operations for Broadband ProvidersFebruary 21, 2024 | businesswire.comCalix Releases Cloud and Network Advancements for the Broadband Industry's Only End-to-End Platform, Further Simplifying Operations for Broadband ProvidersFebruary 18, 2024 | finance.yahoo.comCALX Mar 2024 30.000 putFebruary 18, 2024 | finance.yahoo.comCALX Mar 2024 50.000 callFebruary 17, 2024 | finance.yahoo.comCALX Mar 2024 60.000 callFebruary 17, 2024 | money.usnews.comCalix IncFebruary 16, 2024 | finance.yahoo.comCALX Mar 2024 25.000 putFebruary 16, 2024 | finance.yahoo.comCALX Mar 2024 40.000 callFebruary 15, 2024 | businesswire.comWith Major Marketing and Support Enhancements to SmartBiz, Calix Enables Broadband Providers To Accelerate Growth for 40 Million Small BusinessesFebruary 15, 2024 | businesswire.comWith Major Marketing and Support Enhancements to SmartBiz, Calix Enables Broadband Providers To Accelerate Growth for 40 Million Small BusinessesFebruary 13, 2024 | finance.yahoo.comBroadband Providers Boost Revenue 15 Percent or More With Tailored Offerings Built on Calix SmartHomeFebruary 1, 2024 | finance.yahoo.comThese Analysts Just Made A Massive Downgrade To Their Calix, Inc. (NYSE:CALX) EPS ForecastsSee 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 Earnings1/30/2024Today3/28/2024Next Earnings (Estimated)4/17/2024Fiscal 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$54.60 High Stock Price Target$79.00 Low Stock Price Target$42.00 Potential Upside/Downside+63.4%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.45 Trailing P/E Ratio74.27 Forward P/E Ratio74.27 P/E GrowthN/ANet Income$29.33 million Net Margins3.06% Pretax Margin3.34% Return on Equity7.92% Return on Assets6.23% Debt Debt-to-Equity RatioN/A Current Ratio3.19 Quick Ratio2.48 Sales & Book Value Annual Sales$1.04 billion Price / Sales2.10 Cash Flow$1.65 per share Price / Cash Flow20.31 Book Value$10.91 per share Price / Book3.06Miscellaneous Outstanding Shares65,410,000Free Float54,492,000Market Cap$2.19 billion OptionableOptionable Beta1.66 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Michael Weening (Age 55)CEO, President & Director Comp: $1.83MMr. Cory J. Sindelar (Age 55)CFO & Chief Accounting Officer Comp: $767.67kMr. Shane Todd-Marshall Eleniak (Age 56)Chief Product Officer Comp: $637.44kMr. John Matthew Collins (Age 52)Chief Commercial Operating Officer Comp: $633.62kMr. Jim FanucchiVice President of Investor RelationsMr. Douglas W. McNitt (Age 59)Executive VP, General Counsel & Corporate Secretary Mr. Mark DresslerChief Revenue OfficerMr. Jerry CederlundSenior Vice President of Supply Chain OperationsMr. John DurocherChief Customer OfficerMore ExecutivesKey CompetitorsEchoStarNASDAQ:SATSGlobalstarNYSE:GSATCogent CommunicationsNASDAQ:CCOIGogoNASDAQ:GOGOAST SpaceMobileNASDAQ:ASTSView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Sold 1,286 shares on 3/22/2024Ownership: 0.011%Vanguard Group Inc.Bought 58,069 shares on 3/11/2024Ownership: 9.819%Wellington Management Group LLPBought 166,695 shares on 3/5/2024Ownership: 2.684%Congress Asset Management Co. MABought 76,546 shares on 3/4/2024Ownership: 1.339%American International Group Inc.Sold 4,077 shares on 2/28/2024Ownership: 0.165%View All Insider TransactionsView All Institutional Transactions CALX Stock Analysis - Frequently Asked Questions Should I buy or sell Calix stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 1 hold rating and 4 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? 5 brokers have issued 12 month target prices for Calix's shares. Their CALX share price targets range from $42.00 to $79.00. On average, they anticipate the company's share price to reach $54.60 in the next twelve months. This suggests a possible upside of 63.4% 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 2024? Calix's stock was trading at $43.69 at the beginning of 2024. Since then, CALX shares have decreased by 23.5% and is now trading at $33.42. View the best growth stocks for 2024 here. Are investors shorting Calix? Calix saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,020,000 shares, an increase of 28.0% from the February 29th total of 2,360,000 shares. Based on an average daily volume of 973,100 shares, the days-to-cover ratio is currently 3.1 days. Currently, 5.3% of the shares of the 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 Wednesday, April 17th 2024. View our CALX earnings forecast. How were Calix's earnings last quarter? Calix, Inc. (NYSE:CALX) released its quarterly earnings results on Tuesday, January, 30th. The communications equipment provider reported $0.43 EPS for the quarter, beating the consensus estimate of $0.36 by $0.07. The communications equipment provider earned $264.73 million during the quarter, compared to analysts' expectations of $264.41 million. Calix had a trailing twelve-month return on equity of 7.92% and a net margin of 3.06%. The business's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter last year, the business earned $0.18 earnings per share. What ETFs hold Calix's stock? ETFs with the largest weight of Calix (NYSE:CALX) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate 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 first quarter 2024 earnings guidance on Monday, January, 29th. The company provided EPS guidance of 0.170-0.230 for the period, compared to the consensus earnings per share estimate of 0.380. The company issued revenue guidance of $225.0 million-$231.0 million, compared to the consensus revenue estimate of $267.6 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.75%), Vanguard Group Inc. (9.82%), Wellington Management Group LLP (2.68%), Dimensional Fund Advisors LP (2.54%), TD Asset Management Inc (2.44%) and Gilder Gagnon Howe & Co. LLC (2.35%). 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, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research Advisory 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. 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