Calix, Inc. (CALX)
NYSE: CALX · Real-Time Price · USD
35.50
+0.12 (0.34%)
Nov 1, 2024, 4:00 PM EDT - Market closed
Calix Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Calix stock have an average target of 42.5, with a low estimate of 30 and a high estimate of 50. The average target predicts an increase of 19.72% from the current stock price of 35.50.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Calix stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +26.76% | Oct 30, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +26.76% | Oct 29, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $45 | Strong Buy | Maintains | $45 | +26.76% | Oct 3, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +26.76% | Sep 10, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +26.76% | Aug 20, 2024 |
Financial Forecast
Revenue This Year
846.55M
from 1.04B
Decreased by -18.57%
Revenue Next Year
880.49M
from 846.55M
Increased by 4.01%
EPS This Year
0.49
from 0.42
Increased by 17.79%
EPS Next Year
0.78
from 0.49
Increased by 57.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 876.1M | 914.1M | 1.1B |
| Avg | 846.6M | 880.5M | 1.0B |
| Low | 810.2M | 838.0M | 928.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -15.7% | 8.0% | 21.3% |
| Avg | -18.6% | 4.0% | 14.1% |
| Low | -22.1% | -1.0% | 5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.55 | 0.86 | 1.73 |
| Avg | 0.49 | 0.78 | 1.39 |
| Low | 0.43 | 0.63 | 0.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.3% | 74.0% | 123.0% |
| Avg | 17.8% | 57.1% | 79.5% |
| Low | 2.7% | 26.8% | 16.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.