Calix, Inc. (CALX)

NYSE: CALX · IEX Real-Time Price · USD
29.44
+0.26 (0.89%)
Apr 18, 2024, 4:00 PM EDT - Market closed
0.89%
Market Cap 1.93B
Revenue (ttm) 1.04B
Net Income (ttm) 29.33M
Shares Out 65.41M
EPS (ttm) 0.42
PE Ratio 70.10
Forward PE 27.08
Dividend n/a
Ex-Dividend Date n/a
Volume 595,540
Open 29.13
Previous Close 29.18
Day's Range 28.95 - 29.82
52-Week Range 28.95 - 53.90
Beta 1.69
Analysts Strong Buy
Price Target 54.60 (+85.46%)
Earnings Date Apr 22, 2024

About CALX

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. The company provides Calix Cloud platform, a role-based analytics platform comprising Calix Engagement Cloud, Calix Service Cloud, and Calix Operations Cloud, which are configurable to display r... [Read more]

Sector Technology
IPO Date Mar 24, 2010
Employees 1,760
Stock Exchange NYSE
Ticker Symbol CALX
Full Company Profile

Financial Performance

In 2023, Calix's revenue was $1.04 billion, an increase of 19.79% compared to the previous year's $867.83 million. Earnings were $29.33 million, a decrease of -28.49%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CALX stock is "Strong Buy." The 12-month stock price forecast is $54.6, which is an increase of 85.46% from the latest price.

Price Target
$54.6
(85.46% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Calix Upgraded to Rating of AA From MSCI Due to Industry-Leading Sustainability Programs and Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) announces it has achieved an AA rating from the environmental, social, and governance ratings agency MSCI. This represents a notable achieve...

15 hours ago - Business Wire

74 Percent of Federally Funded BSPs Trust Calix for Compliance Reporting, Surpassing 2 Billion Tests Performed in Just 3 Years

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced broadband service providers (BSPs) using performance testing services—enabled by cloud capabilities on the Calix Broadband P...

8 days ago - Business Wire

Calix to Post First Quarter 2024 Results on April 22, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE:CALX) today announced that on Monday, April 22, 2024, after market close, the company will post on the Calix Investor Relations website its first q...

17 days ago - Business Wire

Tombigbee Fiber Enables First Responders to Deliver Lifesaving Services in Rural Mississippi With Free Wi-Fi Built on Calix SmartTown

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced that Tombigbee Fiber, LLC (Tombigbee) is the first customer to leverage the community-wide network they created with Calix ...

22 days ago - Business Wire

Velocity Network and GOCare Partner on Digital Customer Experience

ALPHARETTA, Ga. , March 26, 2024 /PRNewswire/ -- GOCare, a SaaS provider of digital Customer Experience software, is excited to announce its strategic partnership with Velocity Network.

23 days ago - PRNewsWire

Calix Outperforms on Standards With the World's Only Systems Portfolio That Is Both TR-369 and TR-398 Certified

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced it remains the broadband industry's only company to hold both the TR-369 and TR-398 Broadband Forum certifications for its ...

4 weeks ago - Business Wire

Calix Expands 24-Year Commitment to Rural America With Exclusive Ready.net Partnership To Simplify BEAD

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced an exclusive partnership with industry-leading funding solution provider Ready.net, Inc. The partnership enables Calix to l...

6 weeks ago - Business Wire

Super Micro Computer and Deckers Outdoor Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

NEW YORK , March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the ...

Other symbols: AITALARCHBOXDECKMGYMPW
6 weeks ago - PRNewsWire

Calix Broadband Platform Outperforms EU Standards for Broadband Energy Efficiency, Powering Greener Networks Across Europe That Require Half the Energy

SAN JOSE, Calif. & BERLIN--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced its significant achievement in outperforming the European Commission's “Broadband Communication Equipment Codes of...

2 months ago - Business Wire

Calix Releases Cloud and Network Advancements for the Broadband Industry's Only End-to-End Platform, Further Simplifying Operations for Broadband Providers

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced enhancements to the Calix Broadband Platform that further enable broadband service providers (BSPs) to simplify their operat...

2 months ago - Business Wire

With Major Marketing and Support Enhancements to SmartBiz, Calix Enables Broadband Providers To Accelerate Growth for 40 Million Small Businesses

SAN JOSE, Calif. & LONDON--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) released significant updates to Calix SmartBiz™ that further accelerate growth for its customers and the small businesses th...

2 months ago - Business Wire

Broadband Providers Boost Revenue 15 Percent or More With Tailored Offerings Built on Calix SmartHome

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced continued advancements that further enable broadband businesses to transform the way they go to market with bold offerings t...

2 months ago - Business Wire

Calix Announces Upcoming Investor Events

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Calix management will participate in the upcoming investor events: Event: Morgan Stanley Technology, Media & Telecom Co...

2 months ago - Business Wire

Top 3 Tech Stocks Which Could Rescue Your Portfolio This Month - Aehr Test Systems (NASDAQ:AEHR), Calix (NYSE:CALX)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: AEHRGDS
2 months ago - Benzinga

Calix Releases Fourth Quarter 2023 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced unaudited financial results for its fourth quarter 2023, which have been posted as a letter to stockholders to the investor ...

2 months ago - Business Wire

DirectLink Expects To More Than Double Calix SmartBiz Subscribers in the First Quarter With Rapid Adoption Among Oregon-Based Small Businesses

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that DirectLink, a member-based cooperative in northwestern Oregon, expects to double Calix SmartBiz™ business subscribers i...

3 months ago - Business Wire

CL Tel Strengthens Community Efforts To Keep Kids Safe Online by Deploying Bark on the Calix Platform

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that telecommunications service provider CL Tel leveraged the Calix broadband platform to deploy Bark and support the fight ...

3 months ago - Business Wire

Oberlin Cable Co-Op Launches Bark In Just 5 Weeks With the Calix Broadband Platform To Protect Local Youth Across Their Ohio Community

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that member-owned Oberlin Cable Co-Op (Oberlin) is promoting digital equity by making the family-focused social media monito...

3 months ago - Business Wire

Calix Names Tombigbee Fiber a ‘Giant of Community' for Delivering World-Class Wi-Fi Services That Radically Improve Life for Students, Educators, Families, and First Responders in Rural Mississippi

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) honors Tombigbee Fiber, LLC as a “Giant of Community” 2023 Calix Innovations Award winner. Utilizing the Calix broadband platform and integr...

3 months ago - Business Wire

Calix to Post Fourth Quarter 2023 Results on January 29, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE:CALX) today announced that on Monday, January 29, 2024, after market close, the company will post on the Calix Investor Relations website its fourt...

3 months ago - Business Wire

20 midcap stocks with 2024 upside ranging up to 62%, according to analysts

When investors think about whether to increase their exposure beyond the big companies that grab most of the headlines in the financial media, they are likely to look at small-cap stocks first. After ...

4 months ago - Market Watch

Cumberland Connect Achieves +90 NPS by Transforming Broadband Operations and Member Experience, Named Calix ‘Giant of Operations'

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) recognizes its customer, Cumberland Connect, as a “Giant of Operations” 2023 Calix Innovations Award winner. The award honors Cumberland for...

4 months ago - Business Wire

ALLO Communications Wins a Calix ‘Giant of Sustainability' Award for Leading the Broadband Industry With Their Visionary Green Strategy

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) recognizes its customer, ALLO Communications (ALLO), as a 2023 Calix Innovations Awards “Giant of Sustainability” for exemplifying green bro...

4 months ago - Business Wire

Ellijay Telephone Company Saves $900,000 in Operational Efficiency With a Simplified Network Strategy, Earning Calix ‘Giant of Engineering' Award

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) recognizes its customer, Ellijay Telephone Company (ETC), with a 2023 Calix Innovations Award as the “Giant of Engineering.” The award honor...

4 months ago - Business Wire

Silver Star Elevates First Call Resolution by 83 Percent While Surpassing Growth Plans in Record Time, Earning Calix ‘Giant of Customer Service and Support' Award

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) honored its customer, Silver Star Communications (Silver Star), with a 2023 Calix Innovations Award, recognizing them as a “Giant of Custome...

4 months ago - Business Wire