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CALX

Calix, Inc.

CALX

NYSE·Technology·Software - Application·Mkt cap $2.4B

$38.48

▲ +3.75%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$34.86 - $71.22

P/E

75.91

Fwd P/E

21.65

Beta

1.22

Div Yield

0.00%

Avg Vol

1.1M

Shares Out

64.6M

Mkt Cap

$2.4B

Price action

Price chart

Down 29.9% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

4 reasons

  • Integrated end-to-end platform reducing operational complexity for BSPs
  • Role-based analytics enabling targeted revenue generation and customer insights
  • Carrier-class reliability and scalability with EXOS and AXOS systems
  • Established market position serving global broadband service providers since 1999
▼

Bear Case

1 risk

  • Average volatility.

Growth

Moderate growth ahead

Increasing broadband adoption and fiber deployment globally

Value

Attractively priced below Telecom Equipment peer average

Momentum

Weak

-20.0% over 3m

Quality

Strong

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 20, 2026

“
Q2 26 RECAP

APR 21, 2026

Reported EPS of $0.40 vs $0.38 consensus (+5.3% surprise). Revenue of $280.0M vs $277.5M expected (+0.9%). Beat on both top and bottom lines.

EPS beat +5.3%
Rev beat +0.9%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+5.3%

Next: Apr 20, 2026

Revenue trend · last 8Q

—

—

-22%

-3%

+22%

+32%

+32%

+27%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$198.1M

$200.9M

$206.1M

$220.2M

$241.9M

$265.4M

$272.4M

$280.0M

Margins · last 8Q

Gross

56.9%

Operating

4.5%

Profit

4.0%

View full earnings history →

Wall Street consensus

3 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

100%

Hold

0%

Sell

0%

Median Price Target

$62.00

▲ +61.1% vs $38.48

Low $62.00
Median $62.00
High $62.00

Latest: Needham · $62.00 · Apr 23, 2026

1 analyst covering

View full analyst page →

vs Industry

How CALX stacks vs Software - Application

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.