Calix (NYSE:CALX) Issues Q2 2025 Earnings Guidance

Calix (NYSE:CALX - Get Free Report) issued an update on its second quarter 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.180-0.240 for the period, compared to the consensus earnings per share estimate of 0.160. The company issued revenue guidance of $221.0 million-$227.0 million, compared to the consensus revenue estimate of $211.1 million.

Calix Trading Up 2.2 %

CALX stock traded up $0.87 during trading hours on Friday, hitting $39.92. 233,794 shares of the stock traded hands, compared to its average volume of 676,703. The stock has a 50-day simple moving average of $34.97 and a 200 day simple moving average of $35.81. The company has a market cap of $2.66 billion, a P/E ratio of -88.88 and a beta of 1.75. Calix has a one year low of $27.20 and a one year high of $42.50.

Calix (NYSE:CALX - Get Free Report) last posted its quarterly earnings data on Monday, April 21st. The communications equipment provider reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.06. The company had revenue of $220.20 million during the quarter, compared to analyst estimates of $206.98 million. Calix had a negative net margin of 3.58% and a negative return on equity of 3.43%. During the same quarter last year, the firm posted $0.21 EPS. Analysts forecast that Calix will post -0.43 earnings per share for the current year.

Calix declared that its board has initiated a stock buyback program on Monday, April 21st that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the communications equipment provider to reacquire up to 4.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

CALX has been the subject of a number of recent research reports. Roth Capital set a $50.00 price objective on Calix and gave the company a "buy" rating in a research report on Tuesday. JPMorgan Chase & Co. upped their target price on Calix from $34.00 to $38.00 and gave the company a "neutral" rating in a report on Wednesday. Needham & Company LLC reissued a "buy" rating and issued a $53.00 price target on shares of Calix in a research note on Tuesday. Rosenblatt Securities boosted their price objective on Calix from $51.00 to $52.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, UBS Group reiterated a "buy" rating on shares of Calix in a report on Tuesday. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $45.29.

Insider Buying and Selling

In related news, Director Carl Russo sold 25,000 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $38.15, for a total transaction of $953,750.00. Following the completion of the sale, the director now directly owns 2,164,188 shares in the company, valued at approximately $82,563,772.20. This trade represents a 1.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 16.90% of the stock is currently owned by corporate insiders.

Calix Company Profile

Calix, Inc, together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.