Calix (CALX) Expected to Announce Quarterly Earnings on Monday

Calix (NYSE:CALX) is projected to post its Q2 2026 results after the market closes on Monday, July 20th. Analysts expect the company to post earnings of $0.41 per share and revenue of $289.9570 million for the quarter. Calix has set its Q2 2026 guidance at 0.350-0.450 EPS. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 8:30 AM ET.

Calix (NYSE:CALX) last released its quarterly earnings results on Tuesday, April 21st. The communications equipment provider reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. Calix had a return on equity of 4.30% and a net margin of 3.20%.The business had revenue of $279.98 million during the quarter, compared to the consensus estimate of $277.50 million. During the same period in the previous year, the company posted $0.19 EPS. The business’s quarterly revenue was up 27.2% compared to the same quarter last year. On average, analysts expect Calix to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Calix Stock Up 1.4%

NYSE CALX opened at $39.17 on Friday. The company has a 50-day moving average price of $38.71 and a 200-day moving average price of $46.63. Calix has a 52 week low of $34.86 and a 52 week high of $71.22. The firm has a market capitalization of $2.50 billion, a P/E ratio of 81.61 and a beta of 1.23.

Calix declared that its board has initiated a share repurchase program on Tuesday, April 21st that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the communications equipment provider to buy up to 3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s management believes its stock is undervalued.

Insider Activity

In related news, Director Carl Russo sold 25,000 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $43.26, for a total value of $1,081,500.00. Following the completion of the sale, the director directly owned 1,644,188 shares of the company’s stock, valued at approximately $71,127,572.88. This represents a 1.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 17.44% of the company’s stock.

Hedge Funds Weigh In On Calix

A number of hedge funds have recently modified their holdings of the company. State Street Corp raised its position in shares of Calix by 1.0% during the 4th quarter. State Street Corp now owns 2,362,965 shares of the communications equipment provider’s stock valued at $125,072,000 after purchasing an additional 23,022 shares during the period. Alliancebernstein L.P. boosted its holdings in Calix by 4.5% in the 3rd quarter. Alliancebernstein L.P. now owns 1,409,729 shares of the communications equipment provider’s stock worth $86,515,000 after buying an additional 61,247 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Calix by 214.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,274,426 shares of the communications equipment provider’s stock worth $78,212,000 after buying an additional 868,987 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new stake in Calix in the 4th quarter worth $57,915,000. Finally, Lord Abbett & CO. LLC increased its stake in Calix by 10.2% in the 4th quarter. Lord Abbett & CO. LLC now owns 987,431 shares of the communications equipment provider’s stock worth $52,265,000 after buying an additional 91,175 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Roth Capital restated a “buy” rating on shares of Calix in a research report on Thursday, April 23rd. JPMorgan Chase & Co. decreased their price target on shares of Calix from $70.00 to $65.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Wall Street Zen cut shares of Calix from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Needham & Company LLC cut their price objective on shares of Calix from $70.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Finally, Zacks Research upgraded Calix from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $67.00.

Calix News Summary

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Calix announced that Consolidated Business Services, which supports eight rural broadband cooperatives, selected the AI-native Calix One platform and Calix Agent Workforce Cloud to improve residential, business, and MDU customer experiences. This suggests continued product adoption and could support revenue growth. Article: CBS Selects AI-Native Calix One To Transform How 8 Rural Cooperatives Win Across Residential, Business, and Multifamily Properties
• Neutral Sentiment: Investor attention is also on Calix’s upcoming second-quarter earnings report, due July 20, with analysts expecting higher results than last year. A solid print or raised guidance could help the stock. Article: Calix Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Negative Sentiment: Multiple law firms issued reminders about a pending securities-fraud class action against Calix, with a lead-plaintiff deadline of July 27 for investors who bought shares between January 28 and April 21, 2026. These repeated lawsuit alerts can create headline risk and pressure sentiment. Article: CALX Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Calix, Inc. Securities Lawsuit

Calix Company Profile

Calix, Inc is a provider of cloud and software platforms, systems, and services that enable broadband service providers to transform their networks and subscriber experiences. The company’s flagship Calix Cloud platform delivers real-time analytics, automation and intelligence designed to simplify network operations, improve service agility and drive revenue growth. Calix also offers a comprehensive suite of premises and access systems, including broadband access nodes, fiber-to-the-home optics and residential gateways under the GigaSpire brand.

Through its software-defined network architecture, Calix helps service providers virtualize key network functions and introduce new services with minimal capital expenditure.