Top-Rated Stocks NYSE:CALX Calix - CALX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $53.78 +1.14 (+2.17%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$51.56▼$54.1750-Day Range$51.10▼$74.5952-Week Range$31.59▼$77.44Volume680,779 shsAverage Volume1.04 million shsMarket Capitalization$3.52 billionP/E Ratio91.15Dividend YieldN/APrice Target$81.33 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Calix MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.2% Upside$81.33 Price TargetShort InterestHealthy1.94% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.28Based on 11 Articles This WeekInsider TradingSelling Shares$353,250 Sold Last QuarterProj. Earnings Growth65.45%From $0.55 to $0.91 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.3.00 out of 5 starsComputer And Technology Sector24th out of 614 stocksCommunication Services, Not Elsewhere Classified Industry1st out of 8 stocks 3.5 Analyst's Opinion Consensus RatingCalix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $81.33, Calix has a forecasted upside of 51.2% from its current price of $53.78.Amount of Analyst CoverageCalix has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.94% of the float of Calix has been sold short.Short Interest Ratio / Days to CoverCalix has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Calix has recently decreased by 2.61%, indicating that investor sentiment is improving. 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 2.9 News and Social Media Coverage News SentimentCalix has a news sentiment score of 0.28. 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 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Calix this week, compared to 5 articles on an average week.Search Interest18 people have searched for CALX on MarketBeat in the last 30 days. This is an increase of 260% compared to the previous 30 days.MarketBeat Follows9 people have added Calix to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 $353,250.00 in company stock.Percentage Held by Insiders16.64% 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 65.45% in the coming year, from $0.55 to $0.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calix is 91.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Calix is 91.15, 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 332.71.Price to Book Value per Share RatioCalix has a P/B Ratio of 5.18. 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 HeadlinesJanuary 24, 2023 | marketbeat.com3 Late January Earnings Plays With Pop Potential (CALX)With a historic flair for the dramatic, these three stocks could see some of the biggest pops during fourth quarter earnings season.February 1, 2023 | americanbankingnews.comCalix (NYSE:CALX) Stock Price Up 3.3% After Analyst UpgradeFebruary 2, 2023 | Investing Trends (Ad)Solar Industry at Start of Long Bull Run?The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.January 31, 2023 | americanbankingnews.comLoop Capital Increases Calix (NYSE:CALX) Price Target to $88.00January 30, 2023 | americanbankingnews.comCalix (NYSE:CALX) Price Target Cut to $80.00January 28, 2023 | americanbankingnews.comCalix (NYSE:CALX) Price Target Cut to $78.00 by Analysts at CowenJanuary 25, 2023 | finance.yahoo.comCalix Releases Fourth Quarter 2022 Financial ResultsJanuary 24, 2023 | finance.yahoo.comGVTC Excites Subscribers With Arlo Secure Connected Cameras for Calix Revenue EDGE, Exceeding Signup Goals by 200 PercentFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 12, 2023 | finance.yahoo.comPCMag Names 28 Calix Customers Across 43 States as "Best Gaming ISPs for 2023"January 11, 2023 | finance.yahoo.comHighline Grows Subscribers 56 Percent and Boosts CSAT Rating 12 Percent With Calix Revenue EDGE Managed ServicesJanuary 5, 2023 | tmcnet.comCalix to Post Fourth Quarter 2022 Results on January 25,January 3, 2023 | finance.yahoo.comCalix to Post Fourth Quarter 2022 Results on January 25, 2023December 21, 2022 | finance.yahoo.comCalix’s People and Customer Focused Culture Earns Best Company Awards for Culture, Women, Diversity and LeadershipDecember 21, 2022 | finance.yahoo.comCalix to Participate in the 25th Annual Needham Growth ConferenceDecember 19, 2022 | finance.yahoo.comCalix, Inc.'s (NYSE:CALX) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?December 15, 2022 | finance.yahoo.comAcenTek Wins the Calix Innovations "Giant of Sustainability" Award For Reducing Energy Consumption 73 Percent at the Network With Calix Intelligent Access EDGE—and Reducing Home System Energy Consumption 50 Percent With Calix Revenue EDGEDecember 14, 2022 | finance.yahoo.comSterling LAMB Wins the Calix Customer Innovations "Giant of Operations" Award for Its Innovative Use of Calix Platforms To Reduce Managed Services Provisioning Times by 67 PercentDecember 13, 2022 | finance.yahoo.comHere are the Reasons for the Strong Performance of Calix (CALX)December 13, 2022 | finance.yahoo.comMark Dressler, Calix EVP of Global Sales, Named CRO of the Year for Transforming Sales Into a Powerful Cloud and Software Engine While Growing Annual Revenue More Than 20 Percent Three Years in a RowDecember 8, 2022 | finance.yahoo.comPTCI Increases Revenue 25 Percent Thanks to World-Class Campaigns Built With Calix Marketing CloudDecember 7, 2022 | finance.yahoo.comCalix Named Public Company of the Year by Light ReadingDecember 6, 2022 | finance.yahoo.comCalix (CALX) Is Up 5.75% in One Week: What You Should KnowDecember 1, 2022 | finance.yahoo.comCiello Wins Calix Innovations "Giant of Engineering" Award for Outstanding Network Security, Ensuring Zero Subscribers Were Impacted by an Attempted AttackNovember 22, 2022 | finance.yahoo.comCalix Will Rapidly Expand Talent at India Development Center To Accelerate Innovation of Cloud and Software Platforms for Broadband Service ProvidersNovember 22, 2022 | finance.yahoo.comYK Communications Wins Calix Innovations "Giant of Customer Support" Award for Achieving a Phenomenal NPS of 80, Fueled by Proactive Customer SupportNovember 18, 2022 | finance.yahoo.comTelecom Gear Maker Calix Rides Fiber-To-Home Network Build-OutsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings10/24/2021Today2/02/2023Next Earnings (Estimated)4/24/2023Fiscal 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) 514-3000Fax707-283-3100Employees954Year Founded1999Price Target and Rating Average Stock Price Forecast$81.33 High Stock Price Forecast$95.00 Low Stock Price Forecast$61.00 Forecasted Upside/Downside+51.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.59 Trailing P/E Ratio91.15 Forward P/E Ratio97.78 P/E GrowthN/ANet Income$41.01 million Net Margins4.73% Pretax Margin6.23% Return on Equity6.53% Return on Assets4.99% Debt Debt-to-Equity RatioN/A Current Ratio3.31 Quick Ratio2.41 Sales & Book Value Annual Sales$867.83 million Price / Sales4.06 Cash Flow$0.87 per share Price / Cash Flow61.79 Book Value$10.38 per share Price / Book5.18Miscellaneous Outstanding Shares65,440,000Free Float54,552,000Market Cap$3.52 billion OptionableOptionable Beta1.54 Social Links Key ExecutivesMichael WeeningPresident & Chief Executive OfficerCory Joseph SindelarChief Financial & Accounting OfficerMichel LangloisChief Technology OfficerDouglas W. McNittExecutive Vice President & General CounselTodd OrtbergSenior Vice President-Strategic DevelopmentKey CompetitorsEchoStarNASDAQ:SATSCogent CommunicationsNASDAQ:CCOIGogoNASDAQ:GOGOAST SpaceMobileNASDAQ:ASTSAdvanced Energy IndustriesNASDAQ:AEISView All CompetitorsInsiders & InstitutionsState of New Jersey Common Pension Fund DSold 3,496 shares on 2/1/2023Ownership: 0.055%Zurcher Kantonalbank Zurich Cantonalbank Bought 456 shares on 2/1/2023Ownership: 0.013%Bank of Montreal CanBought 3,124 shares on 2/1/2023Ownership: 0.012%Gladstone Institutional Advisory LLCBought 2,932 shares on 2/1/2023Ownership: 0.004%AE Wealth Management LLCBought 8,674 shares on 1/31/2023Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions CALX Stock - Frequently Asked Questions Should I buy or sell Calix stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last twelve months. There are currently 10 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? 10 analysts have issued 1 year price targets for Calix's stock. Their CALX share price forecasts range from $61.00 to $95.00. On average, they anticipate the company's share price to reach $81.33 in the next year. This suggests a possible upside of 51.2% 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 start of the year. Since then, CALX stock has decreased by 21.4% and is now trading at $53.78. View the best growth stocks for 2023 here. Are investors shorting Calix? Calix saw a drop in short interest in the month of December. As of December 30th, there was short interest totaling 1,150,000 shares, a drop of 13.5% from the December 15th total of 1,330,000 shares. Based on an average daily volume of 494,200 shares, the short-interest ratio is presently 2.3 days. Approximately 2.0% of the company's 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 Monday, April 24th 2023. View our CALX earnings forecast. How were Calix's earnings last quarter? Calix, Inc. (NYSE:CALX) posted its quarterly earnings data on Sunday, October, 24th. The communications equipment provider reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.07. The communications equipment provider had revenue of $172.23 million for the quarter, compared to analysts' expectations of $167.68 million. Calix had a trailing twelve-month return on equity of 6.53% and a net margin of 4.73%. The company's revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.34 EPS. What guidance has Calix issued on next quarter's earnings? Calix issued an update on its first quarter earnings guidance on Wednesday, January, 25th. The company provided earnings per share guidance of $0.24-$0.30 for the period, compared to the consensus estimate of $0.27. The company issued revenue guidance of $242-$248 million, compared to the consensus revenue estimate of $240.69 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 many different retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.32%), Allspring Global Investments Holdings LLC (0.91%), Redwood Investments LLC (0.51%), New York State Common Retirement Fund (0.23%), Calamos Advisors LLC (0.14%) and New York State Teachers Retirement System (0.09%). 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 $53.78. How much money does Calix make? Calix (NYSE:CALX) has a market capitalization of $3.52 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 $0.59 on an earnings per share basis. How many employees does Calix have? The company employs 954 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 2/2/2023 by MarketBeat.com Staff 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. 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