NYSE:CALXCalix Stock Price, Forecast & News

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 shares have increased by 197.5% and is now trading at $22.40.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Calix is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for Calix.

Calix Inc (NYSE:CALX) announced its quarterly earnings data on Tuesday, July, 21st. The communications equipment provider reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.07. The communications equipment provider had revenue of $119.02 million for the quarter, compared to analyst estimates of $113.10 million. Calix had a positive return on equity of 1.81% and a negative net margin of 3.08%.
View Calix's earnings history.

Calix issued an update on its third quarter 2020 After-Hours earnings guidance on Tuesday, July, 21st. The company provided earnings per share (EPS) guidance of 0.17-0.21 for the period, compared to the Thomson Reuters consensus estimate of $0.09. The company issued revenue guidance of $127-131 million, compared to the consensus revenue estimate of $120.16 million.

3 Wall Street analysts have issued twelve-month target prices for Calix's stock. Their forecasts range from $16.00 to $25.00. On average, they anticipate Calix's stock price to reach $21.00 in the next year. This suggests that the stock has a possible downside of 6.2%.
View analysts' price targets for Calix.

Media headlines about CALX stock have been trending very positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Calix earned a news sentiment score of 4.0 on InfoTrie's scale. They also gave press coverage about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term.
View the latest news about Calix.

Some companies that are related to Calix include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), Ciena (CIEN), Juniper Networks (JNPR), F5 Networks (FFIV), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), NetGear (NTGR), Plantronics (PLT), Ribbon Communications (RBBN) and Harmonic (HLIT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Calix investors own include Ring Energy (REI), Ring Energy (REI), Ford Motor (F), General Electric (GE), ADTRAN (ADTN), Advanced Micro Devices (AMD), Corbus Pharmaceuticals (CRBP), Freeport-McMoRan (FCX), General Motors (GM) and KeyCorp (KEY).

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

Calix's stock is owned by a number of retail and institutional investors. Top institutional investors include Paradigm Capital Management Inc. NY (2.33%), Lapides Asset Management LLC (0.94%), Kornitzer Capital Management Inc. KS (0.89%), Horrell Capital Management Inc. (0.40%), Russell Investments Group Ltd. (0.36%) and Swiss National Bank (0.20%). 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 Paradigm Capital Management Inc. NY, Lapides Asset Management LLC, Horrell Capital Management Inc., Mackay Shields LLC, Strs Ohio, Dupont Capital Management Corp, UBS Group AG, and Stone Ridge Asset Management LLC. Company insiders that have sold Calix company stock in the last year include Christopher J Bowick, J Daniel Plants, and Michael Matthews.
View insider buying and selling activity for Calix.

CALX stock was purchased by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, Swiss National Bank, Russell Investments Group Ltd., Trexquant Investment LP, Raymond James Financial Services Advisors Inc., Arizona State Retirement System, Cornerstone Investment Partners LLC, and SG Americas Securities LLC. Company insiders that have bought Calix stock in the last two years include Cory Sindelar, Donald J Listwin, J Daniel Plants, and Kevin A Denuccio.
View insider buying and selling activity for Calix.

Shares of CALX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CALX stock can currently be purchased for approximately $22.40.

Calix has a market capitalization of $1.30 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 802 workers across the globe.

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

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]