Calix Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Calix stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CALX, but not buy additional shares or sell existing shares.
View analyst ratings for Calix or view top-rated stocks.

Wall Street analysts have given Calix a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Calix wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Calix saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 2,780,000 shares, a decline of 21.5% from the March 15th total of 3,540,000 shares. Based on an average daily trading volume, of 954,100 shares, the days-to-cover ratio is currently 2.9 days. Approximately 5.1% of the shares of the stock are short sold.
View Calix's Short Interest.

Calix is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for Calix.

Calix will be holding an earnings conference call on Tuesday, April 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Calix, Inc. (NYSE:CALX) posted its quarterly earnings results on Tuesday, January, 26th. The communications equipment provider reported $0.45 EPS for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.12. The communications equipment provider earned $170 million during the quarter, compared to analyst estimates of $159.52 million. Calix had a trailing twelve-month return on equity of 13.51% and a net margin of 2.01%.
View Calix's earnings history.

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. Since then, CALX stock has increased by 493.5% and is now trading at $44.69.
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Calix updated its first quarter earnings guidance on Wednesday, January, 27th. The company provided earnings per share guidance of $0.16-0.20 for the period, compared to the Thomson Reuters consensus estimate of $0.09. The company issued revenue guidance of $146-152 million, compared to the consensus revenue estimate of $121.53 million.

6 analysts have issued 1 year price objectives for Calix's shares. Their forecasts range from $13.00 to $52.00. On average, they anticipate Calix's share price to reach $32.50 in the next twelve months. This suggests that the stock has a possible downside of 27.3%.
View analysts' price targets for Calix or view top-rated stocks among Wall Street analysts.

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.

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

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).

Calix trades on the New York Stock Exchange (NYSE) under the ticker symbol "CALX."

Calix's stock is owned by many different institutional and retail investors. Top institutional shareholders include Genesee Capital Advisors LLC (0.10%). Company insiders that own Calix stock include Christopher J Bowick, Cory Sindelar, Donald J Listwin, J Daniel Plants, Kevin A Denuccio and Michael Matthews.
View institutional ownership trends for Calix.

CALX stock was sold by a variety of institutional investors in the last quarter, including Genesee Capital Advisors LLC. Company insiders that have sold Calix company stock in the last year include Christopher J Bowick, Kevin A Denuccio, and Michael Matthews.
View insider buying and selling activity for Calix or view top insider-selling stocks.

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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One share of CALX stock can currently be purchased for approximately $44.69.

Calix has a market capitalization of $2.81 billion and generates $424.33 million in revenue each year. The communications equipment provider earns $-17,690,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis.

Calix employs 785 workers across the globe.

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

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

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 or via email at [email protected]