Based on ratings from 6 stock analysts, the Calix Inc stock price is expected to increase by 15.29% in 12 months. This is calculated by using the average 12-month stock price forecast for Calix Inc. The lowest target is $32 and the highest is $50. Please note analyst price targets are not guaranteed and could be missed completely.
About 6 Wall Street analysts have assignedCALX 2 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect Calix Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CALX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CALX.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Mike Genovese Rosenblatt | Buy | $45 | Maintains | Oct 3, 2024 |
Ryan Koontz Needham | Buy | $45 | Reiterates | Sep 10, 2024 |
Ryan Koontz Needham | Buy | $45 | Reiterates | Aug 20, 2024 |
Ryan Koontz Needham | Buy | $45 | Reiterates | Jul 24, 2024 |
Mike Genovese Rosenblatt | Buy | $45 | Maintains | Jul 24, 2024 |
Christian Schwab Craig-Hallum | Buy | $50 | Maintains | Jul 24, 2024 |
Ryan Koontz Needham | Buy | $45 | Reiterates | Jul 23, 2024 |
Scott Searle Roth MKM | Buy | $44 | Maintains | Jul 23, 2024 |
Samik Chatterjee JP Morgan | Neutral | $41 | Maintains | Jul 22, 2024 |
Ryan Koontz Needham | Buy | $45 | Reiterates | May 20, 2024 |
George Notter Jefferies | Hold | $30 | Downgrade | Apr 25, 2024 |
Ryan Koontz Needham | Buy | $45 | Maintains | Apr 24, 2024 |
Scott Searle Roth MKM | Buy | $43 | Maintains | Apr 24, 2024 |
Christian Schwab Craig-Hallum | Buy | $41 | Maintains | Apr 24, 2024 |
Mike Genovese Rosenblatt | Buy | $35 | Maintains | Apr 23, 2024 |
Ryan Koontz Needham | Buy | $50 | Reiterates | Apr 23, 2024 |
Scott Searle Roth MKM | Buy | $50 | Maintains | Apr 22, 2024 |
Ryan Koontz Needham | Buy | $50 | Reiterates | Apr 17, 2024 |
Ryan Koontz Needham | Buy | $50 | Maintains | Jan 31, 2024 |
Mike Genovese Rosenblatt | Buy | $45 | Maintains | Jan 30, 2024 |
When did it IPO
2010
Staff Count
1,760
Country
United States
Sector/Industry
Technology/Software—Infrastructure
CEO
Mr. Michael Weening
Market Cap
$2.48B
In 2023, CALX generated $1.04B in revenue, which was a increase of 19.79% from the previous year. This can be seen as a signal that CALX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Calix, Inc. (NYSE: CALX) will release its Q3 2024 stockholder letter on October 28, 2024, after market close, and will hold a conference call to discuss results.
Why It Matters - Calix's upcoming Q3 2024 results and conference call could impact stock performance, influencing investor sentiment and decisions based on financial performance and guidance.
Summary - A study by the Center on Rural Innovation indicates that fiber-fed broadband from local providers significantly enhances income, entrepreneurship, and business investment in rural areas.
Why It Matters - The study highlights broadband's significant impact on rural economic growth, potentially increasing demand for local investments and enhancing the financial viability of related tech companies.
Summary - Calix, Inc. (NYSE: CALX) reaffirmed its broadband platform's capabilities and successfully conducted a 50G PON trial with ALLO Communications in Lincoln, Nebraska.
Why It Matters - Calix's reaffirmation of its broadband platform and successful 50G PON trial with ALLO Communications signals growth potential and innovation, enhancing competitive positioning in the tech sector.
Summary - Calix, Inc. (NYSE: CALX) announced an enhanced partnership with Orange County Fiber to improve residential offerings and market strategy, responding to competition in Indiana.
Why It Matters - Calix's partnership with OC Fiber highlights its role in enhancing competitive positioning and subscriber growth, signaling potential revenue increases and market resilience for CALX.
Summary - Calix, Inc. (NYSE: CALX) launched its first Wi-Fi 7 systems, the GigaSpire 7 XGS and 10GE, which integrate with the Calix Broadband Platform, aiming to enhance value for broadband service providers.
Why It Matters - Calix's launch of Wi-Fi 7 systems enhances its product offering, potentially driving revenue growth and market share in the broadband sector, which could positively impact stock performance.
Summary - Calix, Inc. launched the Calix Field Service App to enhance broadband service installations, offering cloud automation and insights for field technicians.
Why It Matters - Calix's new app enhances service efficiency for broadband providers, potentially increasing customer satisfaction and revenue through upselling, positively impacting CALX's market position and growth prospects.