Calix (NYSE:CALX – Get Free Report) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.410-0.490 for the period, compared to the consensus EPS 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.
Analyst Ratings Changes
A number of equities research analysts have recently commented on CALX shares. Wall Street Zen raised shares of Calix from a “buy” rating to a “strong-buy” rating in a report on Saturday. Roth Capital reissued a “buy” rating on shares of Calix in a report on Tuesday, July 21st. Zacks Research raised Calix from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 18th. Northland Securities raised shares of Calix from a “market perform” rating to an “outperform” rating and set a $52.00 target price for the company in a report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. decreased their price target on Calix from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Calix has an average rating of “Moderate Buy” and an average price target of $57.40.
Check Out Our Latest Stock Analysis on CALX
Calix Stock Performance
Shares of CALX stock opened at $33.34 on Wednesday. The business’s fifty day moving average is $35.99 and its 200-day moving average is $42.46. The stock has a market cap of $2.10 billion, a PE ratio of 49.03 and a beta of 1.21. Calix has a 1 year low of $32.35 and a 1 year high of $68.18.
Calix (NYSE:CALX – Get Free Report) last released its earnings results on Monday, November 2nd. The communications equipment provider reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.02. The company had revenue of $301.71 million for the quarter, compared to analysts’ expectations of $304.23 million. Calix had a return on equity of 5.53% and a net margin of 3.99%. The business’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.44 EPS. Equities research analysts predict that Calix will post 0.89 earnings per share for the current year.
Key Stories Impacting Calix
Here are the key news stories impacting Calix this week:
- Positive Sentiment: Q3 adjusted earnings were $0.44 per share, ahead of the $0.42 consensus estimate. Revenue rose 13.7% year over year. Calix Q3 earnings beat estimates
- Positive Sentiment: Q4 EPS guidance of $0.41–$0.49 per share is above the $0.40 consensus estimate, with the midpoint implying a sequential improvement. Calix Q3 revenue rises; issues Q4 guidance
- Neutral Sentiment: Q4 revenue guidance of $311 million–$317 million brackets the $314.5 million consensus estimate; FY 2026 revenue guidance of $1.2 billion matches consensus. Calix Q3 revenue rises; issues Q4 guidance
- Negative Sentiment: Q3 revenue of $301.71 million fell short of analyst expectations of $304.23 million, and EPS was unchanged from the year-ago quarter. The revenue miss may overshadow the earnings beat. Calix reports Q3 results
About Calix
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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