Calix Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Calix stock.
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Wall Street analysts have given Calix a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Calix wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Calix is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for Calix.

Calix, Inc. (NYSE:CALX) announced its quarterly earnings data on Tuesday, January, 26th. The communications equipment provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.12. The communications equipment provider earned $170 million during the quarter, compared to analyst estimates of $159.52 million. Calix had a trailing twelve-month return on equity of 13.51% and a net margin of 2.01%.
View Calix's earnings history.

Calix's stock was trading at $7.53 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CALX stock has increased by 424.7% and is now trading at $39.51.
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Calix updated its first quarter earnings guidance on Wednesday, January, 27th. The company provided EPS guidance of $0.16-0.20 for the period, compared to the Thomson Reuters consensus estimate of $0.09. The company issued revenue guidance of $146-152 million, compared to the consensus revenue estimate of $121.53 million.

5 brokerages have issued 12 month price objectives for Calix's stock. Their forecasts range from $25.00 to $45.00. On average, they anticipate Calix's share price to reach $34.00 in the next year. This suggests that the stock has a possible downside of 13.9%.
View analysts' price targets for Calix or view top-rated stocks among Wall Street analysts.

225 employees have rated Calix CEO Carl Russo on Glassdoor.com. Carl Russo has an approval rating of 98% among Calix's employees. This puts Carl Russo in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Calix include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Viasat (VSAT), EchoStar (SATS), InterDigital (IDCC), Infinera (INFN), Plantronics (PLT), Ribbon Communications (RBBN), NETGEAR (NTGR) and Extreme Networks (EXTR).
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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).

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

Calix's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.88%), Renaissance Technologies LLC (4.81%), Lord Abbett & CO. LLC (4.20%), Dimensional Fund Advisors LP (4.04%), Paradigm Capital Management Inc. NY (1.95%) and Hood River Capital Management LLC (1.85%). 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 Lynrock Lake LP, Dimensional Fund Advisors LP, JPMorgan Chase & Co., Nuveen Asset Management LLC, Hood River Capital Management LLC, Lapides Asset Management LLC, Heartland Advisors Inc., and Voloridge Investment Management LLC. Company insiders that have sold Calix company stock in the last year include Christopher J Bowick, J Daniel Plants, Kevin A Denuccio, and Michael Matthews.
View insider buying and selling activity for Calix or view top insider-selling stocks.

CALX stock was purchased by a variety of institutional investors in the last quarter, including Psagot Investment House Ltd., Lord Abbett & CO. LLC, Alliancebernstein L.P., Redwood Investments LLC, Renaissance Technologies LLC, BlackRock Inc., First Trust Advisors LP, and JBF Capital Inc.. 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 or or view top insider-buying stocks.

Shares of CALX 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.
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One share of CALX stock can currently be purchased for approximately $39.51.

Calix has a market capitalization of $2.47 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 763 workers across the globe.

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

Calix is headquartered at 2777 ORCHARD PARKWAY, SAN JOSE CA, 95134.

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]