A number of firms have modified their ratings and price targets on shares of Calix (NYSE: CALX) recently:
- 11/8/2026 – Calix was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 11/4/2026 – Calix had its price target lowered by JPMorgan Chase & Co. from $58.00 to $50.00. They now have an “overweight” rating on the stock.
- 11/4/2026 – Calix had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $55.00 price target on the stock.
- 10/31/2026 – Calix was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 10/26/2026 – Calix was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
Calix Stock Performance
NYSE:CALX traded up $0.28 during midday trading on Thursday, reaching $32.88. 68,918 shares of the stock traded hands, compared to its average volume of 1,096,786. The stock has a market capitalization of $2.03 billion, a P/E ratio of 48.36 and a beta of 1.21. The company has a fifty day moving average of $35.27 and a 200 day moving average of $41.72. Calix, Inc has a 12 month low of $30.55 and a 12 month high of $63.36.
Calix (NYSE:CALX – Get Free Report) last released its quarterly earnings data on Monday, November 2nd. The communications equipment provider reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.02. The firm had revenue of $301.71 million for the quarter, compared to analysts’ expectations of $304.23 million. Calix had a net margin of 3.99% and a return on equity of 5.67%. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.44 earnings per share. On average, analysts predict that Calix, Inc will post 0.85 EPS for the current fiscal year.
Insider Activity
In related news, Director Carl Russo sold 75,000 shares of the company’s stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $31.07, for a total transaction of $2,330,250.00. Following the completion of the transaction, the director owned 1,494,188 shares in the company, valued at $46,424,421.16. This represents a 4.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 17.44% of the company’s stock.
Calix, Inc. provides cloud, software, systems and services to broadband service providers. Its offerings are designed to help providers build and manage access networks, improve operations and deliver broadband services and digital experiences to residential and business subscribers. The company’s portfolio includes the Calix Broadband Platform, which brings together network access systems, software and cloud-based applications. Products and services support network management, subscriber experience and the delivery of services such as broadband connectivity and managed Wi-Fi.
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