CALX

Calix Inc

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Advanced Chart

55.290

-0.02(-0.036%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

55.800

Open

55.200

VWAP

55.34

Vol

746.76K

Mkt Cap

3.61B

Low

55.110

Amount

41.33M

EV/EBITDA(TTM)

Total Shares

65.53M

3.31B

EV/OCF(TTM)

37.65

P/S(TTM)

4.18

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

249.68M

+13.36%

0.360

+89.47%

248.33M

+20.47%

0.310

+287.82%

243.50M

+21.18%

0.341

+162.07%

Estimates Revision

The market is revising Upward the revenue expectations for Calix, Inc. (CALX) for FY2025, with the revenue forecasts being adjusted by 0.18% over the past three months. During the same period, the stock price has changed by 38.05%.

Revenue Estimates for FY2025

Revise Upward

+0.18%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-0.01%

In Past 3 Month

Stock Price

Go Up

+38.05%

In Past 3 Month

6 Analyst Rating

-10.47% Downside

Wall Street analysts forecast CALX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CALX is 49.50 USD with a low forecast of 38.00 USD and a high forecast of 56.00 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

-10.47% Downside

Current: 55.290

Low

38.00

Averages

49.50

High

56.00

-10.47% Downside

Current: 55.290

Low

38.00

Averages

49.50

High

56.00

Northland

Outperform

maintain

$50 -> $65

2025-07-23

New

Reason

Northland

Price Target

$50 -> $65

2025-07-23

New

maintain

Outperform

Reason

Northland raised the firm's price target on Calix to $65 from $50 and keeps an Outperform rating on the shares following what the firm calls "another much better than expected report and outlook." Guidance calls for continued sequential growth in Q3 despite the significant Q2 upside, the analyst noted.

Craig-Hallum

NULL -> Buy

upgrade

$50 -> $68

2025-07-23

New

Reason

Craig-Hallum

Price Target

$50 -> $68

2025-07-23

New

upgrade

NULL -> Buy

Reason

Craig-Hallum raised the firm's price target on Calix to $68 from $50 and keeps a Buy rating on the shares. The firm highlights the company's "significant" earnings leverage post the Q2 beat. Calix's agentic artificial intelligence and international opportunities are expanding, the analyst tells investors in a research note.

Rosenblatt

Mike Genovese

Buy

maintain

$56 -> $65

2025-07-22

New

Reason

Rosenblatt

Mike Genovese

Price Target

$56 -> $65

2025-07-22

New

maintain

Buy

Reason

Rosenblatt analyst Mike Genovese raised the firm's price target on Calix to $65 from $56 and keeps a Buy rating on the shares. The company reported "extremely strong" Q2 results and Q3 guidance, the analyst tells investors in a research note. The firm believes Calix's broadband customers are winning subscriber market share, expanding revenue per user, and driving churn to near zero. Rosenblatt views Calix as a "must own stock," saying the company has the industry's "greatest product, strategy, and business model."

Roth Capital

Buy

maintain

$50 -> $60

2025-07-22

New

Reason

Roth Capital

Price Target

$50 -> $60

2025-07-22

New

maintain

Buy

Reason

Roth Capital raised the firm's price target on Calix to $60 from $50 and keeps a Buy rating on the shares. The company reported reported "another blow-out quarter" with strength among medium, large and international customers, the analyst tells investors in a research note. The firm highlights that Calix in the second half of 2025 will launch its agentic artificial intelligence enabled third generation platform, which is expected to drive a faster adoption for customers.

JPMorgan

Neutral

maintain

$38 -> $52

2025-07-17

Reason

JPMorgan

Price Target

$38 -> $52

2025-07-17

maintain

Neutral

Reason

JPMorgan raised the firm's price target on Calix to $52 from $38 and keeps a Neutral rating on the shares. The firm adjusted price targets in hardware and networking, saying it expects upside to second half of 2025 estimates from "robust" cloud spending. However, underlying end market drivers for other customer verticals "remain a watchpoint" as they exhibit more sensitivity to the macro environment, the analyst tells investors in a research note.

Needham

Ryan Koontz

Buy

maintain

$53 -> $60

2025-07-17

Reason

Needham

Ryan Koontz

Price Target

$53 -> $60

2025-07-17

maintain

Buy

Reason

Needham analyst Ryan Koontz raised the firm's price target on Calix to $60 from $53 and keeps a Buy rating on the shares. The firm cites the company's "strong execution" and expected earnings upside in Q2 for the target increase. Calix should report "at least a modest if not solid beat" on Q2 revenue and earnings, with a second half of 2025 guidance raise versus consensus estimates, the analyst tells investors in a research note. Needham believes the company will see gross margin expansion as its software up-sell subscriber base grows. The shares setup is "very attractive" over the medium term and beyond, contends the firm.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Calix Inc (CALX.N) is 39.20, compared to its 5-year average forward P/E of 49.53. For a more detailed relative valuation and DCF analysis to assess Calix Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

49.53

Current PE

39.20

Overvalued PE

66.89

Undervalued PE

32.17

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

29.01

Current EV/EBITDA

26.07

Overvalued EV/EBITDA

37.94

Undervalued EV/EBITDA

20.08

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

3.36

Current PS

3.67

Overvalued PS

4.30

Undervalued PS

2.42