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. $51.87 +0.04 (+0.08%) (As of 03/27/2023 12:26 PM ET) Add Compare Share Share Today's Range$51.59▼$52.6050-Day Range$46.97▼$64.2852-Week Range$31.59▼$77.44Volume101,789 shsAverage Volume775,293 shsMarket Capitalization$3.43 billionP/E Ratio87.92Dividend YieldN/APrice Target$80.22 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Calix MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside54.6% Upside$80.22 Price TargetShort InterestHealthy2.91% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.69Based on 7 Articles This WeekInsider TradingSelling Shares$272,400 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.2.85 out of 5 starsComputer And Technology Sector61st out of 614 stocksCommunication Services, Not Elsewhere Classified Industry1st out of 9 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 $80.22, Calix has a forecasted upside of 54.6% from its current price of $51.90.Amount of Analyst CoverageCalix has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.91% of the float of Calix has been sold short.Short Interest Ratio / Days to CoverCalix has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Calix has recently increased by 8.33%, 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 2.6 News and Social Media Coverage News SentimentCalix has a news sentiment score of 0.69. 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 0.56 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Calix this week, compared to 5 articles on an average week.Search InterestOnly 12 people have searched for CALX on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Calix to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% 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 $272,400.00 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 87.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.83.Price to Earnings Ratio vs. SectorThe P/E ratio of Calix is 87.97, 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 290.21.Price to Book Value per Share RatioCalix has a P/B Ratio of 5.00. 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 HeadlinesMarch 23, 2023 | finance.yahoo.comCalix Taps Transformational Customer Success Leader Martha Galley To Helm New Corporate Social Responsibility Office and Drive ESG InitiativesMarch 22, 2023 | finance.yahoo.comCalix Marketing Cloud Is Named a 2023 Product of the Year Award Winner by Internet Telephony and Cloud Computing MagazinesMarch 27, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 22, 2023 | finance.yahoo.comCalix (NYSE:CALX) rises 5.4% this week, taking three-year gains to 725%March 21, 2023 | finance.yahoo.comMadison Avenue Comes To Main Street: With Digiday Award-Winning Video Series, Calix Enables Service Providers To Easily Create Incredibly Entertaining Commercials in Their MarketsMarch 18, 2023 | finance.yahoo.comCalix, Inc. (CALX) Stock Historical Prices & Data - Yahoo FinanceMarch 18, 2023 | americanbankingnews.comCalix (NYSE:CALX) Coverage Initiated by Analysts at StockNews.comMarch 14, 2023 | finance.yahoo.comCalix Broadband Academy Ensures Tribal Leaders Can Leverage $2 Billion in Funding To Build World-Class Broadband Capabilities That Foster Prosperity and Wellbeing in Their Communities for GenerationsMarch 27, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 9, 2023 | finance.yahoo.comGrayshott Gigabit Leverages the Calix Platform To Transform Their Rural Communities With 90 Percent Lower OPEX, 92 Percent Faster Response Times, and Savings Passed On to the SubscriberFebruary 22, 2023 | finance.yahoo.comRapidly Expanding Portfolio of Calix Revenue EDGE Systems Enables Service Providers To Quickly and Efficiently Enter New Markets While Delivering Differentiated ValueFebruary 21, 2023 | finance.yahoo.comCalix Delivers End-to-End Network Automation for Operations, Reducing Turnup Times Up to 67 Percent To Fuel Rapid Growth for Broadband Businesses at the Lowest Possible OPEXFebruary 16, 2023 | finance.yahoo.comCalix Extends Support Cloud to Enable World-Class Customer Support for Small Business Subscribers That Generates Market-Leading Subscriber Satisfaction and Net Promoter ScoresFebruary 16, 2023 | finance.yahoo.comCalix Marketing Cloud Launches in the U.K. So Altnets Can Leverage Experience Insights to Excite Subscribers with Relevant Services and Drive Double-Digit Revenue GrowthFebruary 15, 2023 | finance.yahoo.comService Providers Can Now Unlock a Massive New Market With SmartBiz, a Comprehensive Calix Revenue EDGE Solution, Delivering the Capabilities 30+ Million U.S. Small Businesses Need To ThriveFebruary 9, 2023 | finance.yahoo.comUnited Fiber Launches Bold Campaign Featuring Revenue EDGE Managed Services and Exceptional Subscriber Experiences To Sign Up 11 Percent More Subscribers in Just Three WeeksJanuary 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 PercentJanuary 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 PercentSee 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 Earnings10/24/2021Today3/27/2023Next 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) 514-3000Fax707-283-3100Employees1,426Year Founded1999Price Target and Rating Average Stock Price Forecast$80.22 High Stock Price Forecast$95.00 Low Stock Price Forecast$61.00 Forecasted Upside/Downside+54.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.59 Trailing P/E Ratio87.90 Forward P/E Ratio94.29 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 / Sales3.95 Cash Flow$0.83 per share Price / Cash Flow62.12 Book Value$10.38 per share Price / Book5.00Miscellaneous Outstanding Shares66,140,000Free Float55,133,000Market Cap$3.43 billion OptionableOptionable Beta1.55 Social Links Key ExecutivesMichael WeeningPresident & Chief Executive OfficerCory Joseph SindelarChief Financial & Accounting OfficerMichel LangloisChief Technology OfficerDouglas W. McNittExecutive Vice President & General CounselMark DresslerChief Revenue OfficerKey CompetitorsEchoStarNASDAQ:SATSCogent CommunicationsNASDAQ:CCOIGogoNASDAQ:GOGOGlobalstarNYSE:GSATAST SpaceMobileNASDAQ:ASTSView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCBought 5,005 shares on 2/28/2023Ownership: 0.101%NatixisBought 883 shares on 2/24/2023Ownership: 0.001%Teachers Retirement System of The State of KentuckyBought 1,000 shares on 2/22/2023Ownership: 0.014%Macquarie Group Ltd.Bought 240,762 shares on 2/21/2023Ownership: 0.530%Northwestern Mutual Investment Management Company LLCSold 2,930 shares on 2/21/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions CALX Stock - Frequently Asked Questions Should I buy or sell Calix stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research 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 12-month price objectives for Calix's shares. Their CALX share price forecasts range from $61.00 to $95.00. On average, they expect the company's stock price to reach $80.22 in the next year. This suggests a possible upside of 54.8% 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 start of the year. Since then, CALX shares have decreased by 24.3% and is now trading at $51.83. View the best growth stocks for 2023 here. Are investors shorting Calix? Calix saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 1,540,000 shares, a decline of 14.9% from the January 31st total of 1,810,000 shares. Based on an average daily trading volume, of 711,800 shares, the short-interest ratio is currently 2.2 days. Approximately 2.7% 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) announced its earnings results on Sunday, October, 24th. The communications equipment provider reported $0.35 earnings per share (EPS) 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% compared to the same quarter last year. During the same period in the previous year, the company earned $0.34 EPS. What ETFs hold Calix's stock? ETFs with the largest weight of Calix (NYSE:CALX) stock in their portfolio include SPDR S&P Telecom ETF (XTL), iShares North American Tech-Multimedia Networking ETF (IGN), iShares Cybersecurity and Tech ETF (IHAK), Invesco Dynamic Networking ETF (PXQ), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Invesco DWA Technology Momentum ETF (PTF), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) and First Trust Multi-Manager Small Cap Opportunities ETF (MMSC). 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 EPS 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 a number of institutional and retail investors. Top institutional shareholders include Lord Abbett & CO. LLC (3.48%), Gilder Gagnon Howe & Co. LLC (3.31%), Alliancebernstein L.P. (2.91%), Driehaus Capital Management LLC (2.72%), Dimensional Fund Advisors LP (2.57%) and Geode Capital Management LLC (1.57%). 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 $51.83. How much money does Calix make? Calix (NYSE:CALX) has a market capitalization of $3.43 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 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 3/27/2023 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. 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