Calix, Inc. (CALX)
NYSE: CALX · IEX Real-Time Price · USD
34.20
-0.65 (-1.87%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Calix Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Calix stock have an average target of 41.86, with a low estimate of 30 and a high estimate of 57. The average target predicts an increase of 22.40% from the current stock price of 34.20.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 20, 2024.
Analyst Ratings
The average analyst rating for Calix stock from 7 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 5 | 5 | 5 | 5 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +31.58% | May 20, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $48 → $30 | Strong Buy → Hold | Downgrades | $48 → $30 | -12.28% | Apr 25, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $48 → $41 | Strong Buy | Maintains | $48 → $41 | +19.88% | Apr 24, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $50 → $43 | Strong Buy | Maintains | $50 → $43 | +25.73% | Apr 24, 2024 |
| Needham | Needham | Strong Buy Maintains $50 → $45 | Strong Buy | Maintains | $50 → $45 | +31.58% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
869.81M
from 1.04B
Decreased by -16.33%
Revenue Next Year
987.26M
from 869.81M
Increased by 13.50%
EPS This Year
0.57
from 0.42
Increased by 35.65%
EPS Next Year
1.29
from 0.57
Increased by 126.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 900.6M | 1.1B | 1.2B |
| Avg | 869.8M | 987.3M | 1.1B |
| Low | 832.5M | 928.3M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -13.4% | 24.3% | 18.5% |
| Avg | -16.3% | 13.5% | 15.1% |
| Low | -19.9% | 6.7% | 10.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.68 | 1.71 | 2.05 |
| Avg | 0.57 | 1.29 | 1.99 |
| Low | 0.49 | 1.00 | 1.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 62.5% | 200.4% | 58.6% |
| Avg | 35.7% | 126.6% | 54.1% |
| Low | 16.7% | 75.4% | 48.0% |
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.