Calix (NYSE:CALX – Get Free Report) updated its fourth quarter 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.410-0.490 for the period, compared to the consensus earnings per share estimate of 0.400. The company issued revenue guidance of $311.0 million-$317.0 million, compared to the consensus revenue estimate of $314.5 million. Calix also updated its FY 2026 guidance to EPS.
Calix Stock Performance
Shares of Calix stock opened at $36.08 on Tuesday. The firm has a market cap of $2.27 billion, a PE ratio of 48.76 and a beta of 1.32. The firm’s 50-day simple moving average is $36.12 and its 200-day simple moving average is $42.57. Calix has a 1 year low of $32.35 and a 1 year high of $69.73.
Calix (NYSE:CALX – Get Free Report) last posted its quarterly earnings results on Monday, November 2nd. The communications equipment provider reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.02. The business had revenue of $301.71 million during the quarter, compared to the consensus estimate of $304.23 million. Calix had a return on equity of 6.17% and a net margin of 4.61%. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period last year, the firm earned $0.44 earnings per share. On average, equities analysts predict that Calix will post 0.89 earnings per share for the current year.
Analyst Upgrades and Downgrades
CALX has been the topic of several research reports. JPMorgan Chase & Co. cut their price objective on Calix from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Roth Capital reiterated a “buy” rating on shares of Calix in a research report on Tuesday, July 21st. Zacks Research upgraded Calix from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 18th. Weiss Ratings lowered Calix from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, October 26th. Finally, Rosenblatt Securities reduced their price objective on Calix from $70.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, July 21st. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $57.40.
View Our Latest Stock Analysis on Calix
Calix Company Profile
Calix, Inc provides cloud, software and broadband access solutions to communications service providers. Its technology helps broadband operators deploy, manage and monetize high-speed internet and related services for residential and business customers.
The company’s offerings include broadband access systems, subscriber premise equipment, cloud-based software and analytics, and managed services. Its portfolio supports fiber, fixed wireless and other broadband networks, while enabling providers to deliver services such as Wi-Fi management, network security, connected home applications and business connectivity.
Founded in 1999 and headquartered in San Jose, California, Calix serves broadband service providers primarily in North America, with customers and operations in other international markets.
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