S&P 500   4,594.62
DOW   34,899.34
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S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:CALX

Calix Stock Forecast, Price & News

$68.04
-1.70 (-2.44%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$66.56
$68.69
50-Day Range
$47.36
$76.25
52-Week Range
$22.25
$76.60
Volume
345,951 shs
Average Volume
653,182 shs
Market Capitalization
$4.34 billion
P/E Ratio
18.95
Dividend Yield
N/A
Beta
1.49
30 days | 90 days | 365 days | Advanced Chart
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Calix logo

About Calix

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.

Headlines

Calix: Rapidly Growing Cloud Company - Seeking Alpha
November 22, 2021 |  seekingalpha.com
Calix And The Art Of Great Marketing - Forbes
November 18, 2021 |  forbes.com
Calix (NYSE:CALX) PT Raised to $90.00
November 17, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
Communications Equipment
CUSIP
13100M50
Employees
785
Year Founded
1998

Sales & Book Value

Annual Sales
$541.24 million
Cash Flow
$0.96 per share
Book Value
$8.40 per share

Profitability

Net Income
$33.48 million
Pretax Margin
12.35%

Debt

Price-To-Earnings

Miscellaneous

Free Float
53,147,000
Market Cap
$4.34 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/24/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

Social Links


MarketRank

Overall MarketRank

2.23 out of 5 stars

Computer And Technology Sector

298th out of 891 stocks

Communication Services, Not Elsewhere Classified Industry

3rd out of 18 stocks

Analyst Opinion: 2.3Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 0.6 5 -4 -3 -2 -1 -












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.

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.
Compare Top Brokerages Here.

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.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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