Top-Rated StocksTop-RatedPositive News SentimentPositive NewsNYSE:CALX Calix (CALX) Stock Forecast, Price & News $51.08 +4.05 (+8.61%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$47.09▼$51.2350-Day Range$42.62▼$56.0052-Week Range$31.59▼$77.44Volume1.25 million shsAverage Volume525,462 shsMarket Capitalization$3.38 billionP/E Ratio83.74Dividend YieldN/APrice Target$76.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Calix MarketRank™ ForecastAnalyst RatingModerate Buy2.92 Rating ScoreUpside/Downside49.8% Upside$76.50 Price TargetShort InterestHealthy3.32% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.56Based on 5 Articles This WeekInsider TradingSelling Shares$220,500 Sold Last QuarterProj. Earnings Growth44.83%From $0.58 to $0.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.23 out of 5 starsComputer And Technology Sector3rd out of 609 stocksCommunication Services, Not Elsewhere Classified Industry1st out of 9 stocks 4.5 Analyst's Opinion Consensus RatingCalix has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 12 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $76.50, Calix has a forecasted upside of 49.8% from its current price of $51.08.Amount of Analyst CoverageCalix has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.32% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Calix has recently increased by 6.63%, 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 3.1 News and Social Media Coverage News SentimentCalix has a news sentiment score of 1.56. 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 higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Calix this week, compared to 6 articles on an average week.Search InterestOnly 3 people have searched for CALX on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat Follows6 people have added Calix to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $220,500.00 in 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 Institutions81.90% 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 44.83% in the coming year, from $0.58 to $0.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calix is 83.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Calix is 83.74, 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 362.13.Price to Book Value per Share RatioCalix has a P/B Ratio of 4.71. 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 About Calix (NYSE:CALX) StockCalix, 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.Read More 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 CALX Stock News HeadlinesJune 1, 2023 | finance.yahoo.comCTC Achieves a 69 Net Promoter Score, Doubles Subscriber Growth, and Reduces Truck Rolls 50 Percent With Self-Install Strategy Built on Calix Revenue EDGEMay 31, 2023 | finance.yahoo.comCalix Achieves 3rd Great Place To Work Certification With Purpose-Driven, Remote Culture That Supercharges Customer Success and Corporate GrowthJune 4, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 24, 2023 | finance.yahoo.comEstimating The Intrinsic Value Of Calix, Inc. (NYSE:CALX)May 24, 2023 | finance.yahoo.comCalix E9-2 Line Card and Intelligent Access EDGE Enable Network Consolidation While Delivering Market Leading Efficiency With 50 Percent Less Energy Usage and SpaceMay 22, 2023 | americanbankingnews.comCalix (NYSE:CALX) Earns Neutral Rating from Analysts at JPMorgan Chase & Co.May 21, 2023 | fool.comCalix (NYSE: CALX)May 21, 2023 | americanbankingnews.comCalix (NYSE:CALX) Earns Hold Rating from Analysts at StockNews.comJune 4, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Calix (NYSE:CALX)May 19, 2023 | msn.comNeedham Reiterates Calix (CALX) Buy RecommendationMay 19, 2023 | msn.comJP Morgan Initiates Coverage of Calix (CALX) with Neutral RecommendationMay 19, 2023 | markets.businessinsider.comNeedham Reaffirms Their Buy Rating on Calix (CALX)May 18, 2023 | finance.yahoo.comBroadband Providers Can Accelerate Growth With New Calix Wi-Fi 6 and 6E Systems for Amazing Gaming, Outdoor Coverage, and Small Business SuccessMay 17, 2023 | finance.yahoo.comCalix Operations Cloud Automates Network Outage Resolution So Broadband Providers Can Maintain Exceptional Subscriber Experiences While Achieving Massive OPEX SavingsMay 17, 2023 | americanbankingnews.comBrokerages Set Calix, Inc. (NYSE:CALX) PT at $79.00May 16, 2023 | finance.yahoo.comBroadband Marketers Can Drive Revenue More Than 25 Percent With Service Upgrade Automation in Calix Marketing Cloud and Effortless Web Page BuilderMay 16, 2023 | finance.yahoo.comCalix Limited's (ASX:CXL) Share Price Could Signal Some RiskMay 15, 2023 | finance.yahoo.comCalix Reiterates Second Quarter Guidance in Connection with Upcoming Investor Events and Board of Directors Approves Extending the Existing $100 Million Stock Repurchase ProgramMay 11, 2023 | finance.yahoo.comTombigbee Fiber Strengthens 91 Net Promoter Score by Jumpstarting Calix SmartTown Deployment With New Enablement ServicesMay 9, 2023 | finance.yahoo.comReturns Are Gaining Momentum At Calix (NYSE:CALX)May 8, 2023 | seekingalpha.comCalix: Now An Odds-On 3-Digit CAGR Cap-Gain ProspectMay 4, 2023 | americanbankingnews.comCalix, Inc. (NYSE:CALX) Insider John Matthew Collins Sells 5,000 SharesMay 4, 2023 | americanbankingnews.comCalix, Inc. (NYSE:CALX) Short Interest UpdateMay 3, 2023 | finance.yahoo.comShane Eleniak Named a Top 20 Chief Product Officer Worldwide, Once Again Demonstrating That Calix Is the Innovation Leader for the Broadband IndustryApril 27, 2023 | finance.yahoo.comIndustry Innovators Calix and NISC Dramatically Simplify Billing and Provisioning for Broadband Service ProvidersApril 26, 2023 | finance.yahoo.comMohawk Networks Leverages the Calix Platform To Ensure Vitality for Their Community While Reducing Truck Rolls 80 PercentSee More Headlines CALX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CALX Company Calendar Last Earnings10/24/2021Today6/03/2023Next Earnings (Estimated)7/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Communication services, not elsewhere classified Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNYSE:CALX CUSIP13100M50 CIK1406666 Webwww.calix.com Phone(408) 514-3000Fax707-283-3100Employees1,426Year Founded1999Price Target and Rating Average Stock Price Forecast$76.50 High Stock Price Forecast$95.00 Low Stock Price Forecast$49.00 Forecasted Upside/Downside+49.8%Consensus RatingModerate Buy Rating Score (0-4)2.92 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.61 Trailing P/E Ratio83.74 Forward P/E Ratio88.07 P/E GrowthN/ANet Income$41.01 million Net Margins4.55% Pretax Margin5.96% Return on Equity6.47% Return on Assets4.98% Debt Debt-to-Equity RatioN/A Current Ratio3.58 Quick Ratio2.61 Sales & Book Value Annual Sales$867.83 million Price / Sales3.90 Cash Flow$0.91 per share Price / Cash Flow56.36 Book Value$10.84 per share Price / Book4.71Miscellaneous Outstanding Shares66,200,000Free Float55,151,000Market Cap$3.38 billion OptionableOptionable Beta1.55 Social Links Key ExecutivesMichael WeeningPresident, Chief Executive Officer & DirectorCory Joseph SindelarChief Financial & Accounting OfficerMichel LangloisChief Technology OfficerDouglas W. McNittSecretary, Executive VP & General CounselMark DresslerChief Revenue OfficerKey CompetitorsEchoStarNASDAQ:SATSCogent CommunicationsNASDAQ:CCOIGogoNASDAQ:GOGOAST SpaceMobileNASDAQ:ASTSBlackBerryNYSE:BBView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 88,552 shares on 6/1/2023Ownership: 0.657%ProShare Advisors LLCSold 751 shares on 5/26/2023Ownership: 0.015%Ameriprise Financial Inc.Bought 388,718 shares on 5/22/2023Ownership: 1.735%Putnam Investments LLCSold 872 shares on 5/22/2023Ownership: 0.031%New York State Common Retirement FundSold 101,686 shares on 5/18/2023Ownership: 0.077%View All Insider TransactionsView All Institutional Transactions CALX Stock - Frequently Asked Questions Should I buy or sell Calix stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last twelve months. There are currently 1 hold rating and 12 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? 13 Wall Street analysts have issued twelve-month price objectives for Calix's shares. Their CALX share price forecasts range from $49.00 to $95.00. On average, they expect the company's stock price to reach $76.50 in the next year. This suggests a possible upside of 49.8% 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 beginning of 2023. Since then, CALX stock has decreased by 25.4% and is now trading at $51.08. View the best growth stocks for 2023 here. Are investors shorting Calix? Calix saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,930,000 shares, an increase of 6.6% from the April 30th total of 1,810,000 shares. Based on an average trading volume of 641,900 shares, the days-to-cover ratio is presently 3.0 days. Approximately 3.3% of the company's stock are short sold. 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, July 24th 2023. View our CALX earnings forecast. How were Calix's earnings last quarter? Calix, Inc. (NYSE:CALX) issued its quarterly earnings results on Sunday, October, 24th. The communications equipment provider reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.07. The communications equipment provider earned $172.23 million during the quarter, compared to the consensus estimate of $167.68 million. Calix had a trailing twelve-month return on equity of 6.47% and a net margin of 4.55%. The company's revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.34 earnings per share. What ETFs hold Calix's stock? ETFs with the largest weight of Calix (NYSE:CALX) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN), SPDR S&P Telecom ETF (XTL), Invesco Dynamic Networking ETF (PXQ), iShares Cybersecurity and Tech ETF (IHAK), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Defiance Next Gen Connectivity ETF (FIVG), Invesco S&P MidCap 400 Pure Growth ETF (RFG) and Burney U.S. Factor Rotation ETF (BRNY). What guidance has Calix issued on next quarter's earnings? Calix issued an update on its second quarter 2023 earnings guidance on Thursday, April, 20th. The company provided earnings per share (EPS) guidance of $0.28-$0.34 for the period, compared to the consensus earnings per share estimate of $0.29. The company issued revenue guidance of $255.00 million-$261.00 million, compared to the consensus revenue estimate of $249.26 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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.91%), Gilder Gagnon Howe & Co. LLC (3.26%), State Street Corp (2.89%), Dimensional Fund Advisors LP (2.50%), Bank of New York Mellon Corp (2.13%) and Hood River Capital Management LLC (1.99%). 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 $51.08. How much money does Calix make? Calix (NYSE:CALX) has a market capitalization of $3.38 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 $0.61 on an earnings per share basis. How many employees does Calix have? The company employs 1,426 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 6/4/2023 by MarketBeat.com Staff 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.