Calix, Inc. (CALX)
NYSE: CALX · Real-Time Price · USD
31.80
+1.38 (4.54%)
Nov 21, 2024, 1:44 PM EST - Market open
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 33.65% from the current stock price of 31.80.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 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 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +41.51% | Oct 30, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +41.51% | Oct 29, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $45 | Strong Buy | Maintains | $45 | +41.51% | Oct 3, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +41.51% | Sep 10, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +41.51% | Aug 20, 2024 |
Financial Forecast
Revenue This Year
846.04M
from 1.04B
Decreased by -18.62%
Revenue Next Year
872.53M
from 846.04M
Increased by 3.13%
EPS This Year
0.52
from 0.42
Increased by 22.82%
EPS Next Year
0.70
from 0.52
Increased by 35.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 871.5M | 902.9M | 1.0B |
| Avg | 846.0M | 872.5M | 991.7M |
| Low | 812.0M | 835.0M | 938.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -16.2% | 6.7% | 19.9% |
| Avg | -18.6% | 3.1% | 13.7% |
| Low | -21.9% | -1.3% | 7.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.54 | 0.84 | 1.63 |
| Avg | 0.52 | 0.70 | 1.34 |
| Low | 0.49 | 0.58 | 0.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.5% | 62.0% | 132.9% |
| Avg | 22.8% | 35.5% | 92.4% |
| Low | 16.7% | 12.1% | 27.6% |
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.