Calix Stock Forecast, Price & News

Calix's stock was trading at $7.53 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CALX shares have increased by 154.3% and is now trading at $19.15.
View which stocks have been most impacted by COVID-19.

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."
View analyst ratings for Calix.

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) issued its quarterly earnings data on Tuesday, July, 21st. The communications equipment provider reported $0.08 EPS for the quarter, beating the consensus estimate of $0.01 by $0.07. The communications equipment provider earned $119.02 million during the quarter, compared to analysts' expectations 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 earnings per share estimate of $0.09. The company issued revenue guidance of $127-131 million, compared to the consensus revenue estimate of $120.16 million.

3 equities research analysts have issued 12-month price objectives for Calix's stock. Their forecasts range from $16.00 to $25.00. On average, they expect Calix's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price.
View analysts' price targets for Calix.

Calix saw a increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,690,000 shares, an increase of 15.8% from the July 30th total of 1,460,000 shares. Based on an average daily trading volume, of 889,200 shares, the days-to-cover ratio is presently 1.9 days. Currently, 3.2% of the company's stock are short sold.
View Calix's Short Interest.

Some companies that are related to Calix include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), Juniper Networks (JNPR), F5 Networks (FFIV), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), NetGear (NTGR), Ribbon Communications (RBBN), Harmonic (HLIT) and Plantronics (PLT).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Calix investors own include Advanced Micro Devices (AMD), Overstock.com (OSTK), Enphase Energy (ENPH), Etsy (ETSY), Novavax (NVAX), NVIDIA (NVDA), Zoom Video Communications (ZM), Digital Turbine (APPS), Activision Blizzard (ATVI) and Opko Health (OPK).

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 shareholders include Vanguard Group Inc. (5.02%), Gilder Gagnon Howe & Co. LLC (3.83%), Paradigm Capital Management Inc. NY (2.33%), Bank of New York Mellon Corp (1.00%), Lapides Asset Management LLC (0.94%) and Kornitzer Capital Management Inc. KS (0.89%). 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, Heartland Advisors Inc., Lapides Asset Management LLC, Jacobs Levy Equity Management Inc., Horrell Capital Management Inc., Mackay Shields LLC, AQR Capital Management LLC, and Strs Ohio. 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 acquired by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Kornitzer Capital Management Inc. KS, Bank of New York Mellon Corp, Prudential Financial Inc., Vanguard Group Inc., FMR LLC, FMR LLC, and EAM Investors 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 $19.15.

Calix has a market capitalization of $1.11 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]