Calix Inc (CALX) has seen a significant price drop of 13.92% as it hits a 20-day low amid broader market weakness, with the Nasdaq-100 down 1.18% and the S&P 500 down 0.66%.
The company is set to announce its Q4 earnings on January 29, with a consensus EPS estimate of $0.38, reflecting a substantial year-over-year growth of 375%. Analysts also project Q4 revenue to reach $267.36 million, indicating strong performance and market confidence. Calix has consistently exceeded EPS estimates 100% of the time over the past two years, showcasing its reliability in financial performance.
This upcoming earnings report is crucial for Calix as it could reaffirm investor confidence and potentially reverse the current downward trend in its stock price.
Wall Street analysts forecast CALX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CALX is 79.50 USD with a low forecast of 75.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast CALX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CALX is 79.50 USD with a low forecast of 75.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 46.660
Low
75.00
Averages
79.50
High
85.00
Current: 46.660
Low
75.00
Averages
79.50
High
85.00
Needham
Buy
downgrade
$82 -> $70
2026-01-30
New
Reason
Needham
Price Target
$82 -> $70
AI Analysis
2026-01-30
New
downgrade
Buy
Reason
Needham lowered the firm's price target on Calix to $70 from $82 and keeps a Buy rating on the shares. The company reported inline Q4 results and guided Q1 mixed relative to consensus, the analyst tells investors in a research note. The firm is not surprised Calix's sequential revenue growth into Q1 slowed given the seasonality of winter new fiber passings. Needham still sees "very strong potential" for the company's new argentic workforce cloud platform to "revolutionize its customers' businesses and lead to shared fiscal outcomes."
Needham
Needham
Buy
maintain
$82
2026-01-29
New
Reason
Needham
Needham
Price Target
$82
2026-01-29
New
maintain
Buy
Reason
Needham recommends using the post-earnings weakness in shares of Calix as a buying opportunity. Consistent with previous commentary, the company's Q1 gross margin guidance is impacted by temporary double cloud costs, the analyst tells investors in a research note. Needham suspects memory margin impacts will linger through 2026 for Calix. However, it believes the company will return to modest year-over-year growth in Q2 ahead of BEAD project spending commencing late in the year. Needham is confident in the company returning to mid-single-digit sequential revenue growth by mid-2026. It keeps a Buy rating on the shares with an $82 price target.
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Roth Capital
maintain
2026-01-29
New
Reason
Roth Capital
Price Target
2026-01-29
New
maintain
Reason
Roth Capital says Calix's Q4 report and expanded $125M buyback "de-risks" investor sentiment and the stock's multiple. The company's agentic AI platform and Broadband Equity, Access, and Deployment rollout position the company for sustained growth, the analyst tells investors in a research note. Roth believes Calix's outlook is "extremely positive." It sees management being "aggressive" with share buybacks at current levels. The post-earnings selloff brings an attractive entry point, Roth adds.
Rosenblatt
Mike Genovese
Buy
maintain
$65 -> $85
2025-10-31
Reason
Rosenblatt
Mike Genovese
Price Target
$65 -> $85
2025-10-31
maintain
Buy
Reason
Rosenblatt analyst Mike Genovese raised the firm's price target on Calix to $85 from $65 and keeps a Buy rating on the shares following the Q3 report. The company's "strong performance" was driven by competitive displacements against multiple industry players since Calix "has superior products and strategy versus all the competitors," the analyst tells investors in a research note. The firm believes management continues to keep guidance in a place that can be exceeded. Calix is "very likely to continue beating and raising," contends Rosenblatt.
About CALX
Calix, Inc. is an appliance-based platform, cloud and managed services company. It develops, markets, and sells its appliance-based platform, cloud and managed services that enable service providers of all types and sizes to transform their businesses. Its Calix Platform consists of Calix Cloud, which comes in three role-based editions: Calix Engagement Cloud, Calix Operations Cloud and Calix Service Cloud; Calix Intelligent Access, its network solution for automated, intelligent next-generation networks, and Calix Unlimited Subscriber, its premises solution for subscriber managed services. Its SmartLife managed services consist of SmartHome managed services and applications to enhance, operate and secure the connected experience of subscribers in their home; SmartBiz managed services address the business networking and productivity needs of small business owners, and SmartMDU managed services, which provide purpose-built, flexible connectivity solutions for multifamily properties.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.