Brokers Issue Forecasts for Calix's Q2 Earnings (NYSE:CALX)

Calix, Inc. (NYSE:CALX - Free Report) - Equities research analysts at Roth Capital lifted their Q2 2025 EPS estimates for Calix in a report released on Tuesday, April 22nd. Roth Capital analyst S. Searle now anticipates that the communications equipment provider will earn ($0.09) per share for the quarter, up from their prior estimate of ($0.11). Roth Capital has a "Buy" rating and a $50.00 price objective on the stock. The consensus estimate for Calix's current full-year earnings is ($0.43) per share. Roth Capital also issued estimates for Calix's Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at $0.03 EPS, FY2025 earnings at ($0.11) EPS, Q1 2026 earnings at $0.04 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.25 EPS and FY2026 earnings at $0.50 EPS.

Calix (NYSE:CALX - Get Free Report) last issued its earnings results on Monday, April 21st. The communications equipment provider reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.06. The business had revenue of $220.20 million during the quarter, compared to the consensus estimate of $206.98 million. Calix had a negative return on equity of 3.43% and a negative net margin of 3.58%. During the same period in the previous year, the company posted $0.21 earnings per share.

CALX has been the topic of a number of other research reports. UBS Group reissued a "buy" rating on shares of Calix in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. raised their price objective on Calix from $34.00 to $38.00 and gave the company a "neutral" rating in a research note on Wednesday, April 23rd. Needham & Company LLC reaffirmed a "buy" rating and set a $53.00 target price on shares of Calix in a research report on Tuesday, April 22nd. Finally, Rosenblatt Securities lifted their price target on shares of Calix from $51.00 to $52.00 and gave the company a "buy" rating in a research report on Wednesday, April 23rd. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $47.83.

Calix Trading Up 1.6 %

NYSE CALX traded up $0.64 on Friday, hitting $40.69. 865,072 shares of the company were exchanged, compared to its average volume of 681,266. Calix has a 12 month low of $27.60 and a 12 month high of $42.50. The company has a market cap of $2.64 billion, a PE ratio of -90.42 and a beta of 1.75. The stock has a fifty day moving average of $34.97 and a 200-day moving average of $35.82.

Institutional Trading of Calix

Several institutional investors and hedge funds have recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Calix in the fourth quarter worth $512,000. HighTower Advisors LLC increased its stake in Calix by 30.5% in the 4th quarter. HighTower Advisors LLC now owns 118,245 shares of the communications equipment provider's stock worth $4,123,000 after acquiring an additional 27,622 shares during the last quarter. Amundi purchased a new stake in shares of Calix in the 4th quarter valued at about $330,000. Principal Financial Group Inc. boosted its position in shares of Calix by 3.8% during the 4th quarter. Principal Financial Group Inc. now owns 287,509 shares of the communications equipment provider's stock valued at $10,025,000 after acquiring an additional 10,393 shares during the last quarter. Finally, TradeLink Capital LLC purchased a new position in shares of Calix during the fourth quarter worth about $299,000. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Calix

In other Calix 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 sale, the director now owns 2,164,188 shares in the company, valued at $82,563,772.20. This represents a 1.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 16.90% of the company's stock.

Calix announced that its Board of Directors has initiated a stock repurchase plan on Monday, April 21st that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the communications equipment provider to repurchase up to 4.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

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.