Calix, Inc. (CALX)
NYSE: CALX · IEX Real-Time Price · USD
33.16
-0.34 (-1.01%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Calix Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Calix stock have an average target of 54.6, with a low estimate of 42 and a high estimate of 79. The average target predicts an increase of 64.66% from the current stock price of 33.16.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $42 $54.6 $50 $79
Change +26.66% +64.66% +50.78% +138.24%
* Price targets were last updated on Jan 31, 2024.

Analyst Ratings

The average analyst rating for Calix stock from 5 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 444333
Buy 222111
Hold 111111
Sell 000000
Strong Sell 000000
Total 777555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Maintains
$55$50
Strong Buy Maintains $55$50 +50.78% Jan 31, 2024
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$57$45
Strong Buy Maintains $57$45 +35.71% Jan 30, 2024
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$47$57
Strong Buy Maintains $47$57 +71.89% Jan 3, 2024
JP Morgan
JP Morgan
Hold
Maintains
$51$42
Hold Maintains $51$42 +26.66% Oct 25, 2023
Roth MKM
Roth MKM
Strong Buy
Maintains
$66$57
Strong Buy Maintains $66$57 +71.89% Oct 25, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
970.54M
from 1.04B
Decreased by -6.64%
Revenue Next Year
1.10B
from 970.54M
Increased by 13.55%
EPS This Year
1.09
from 0.42
Increased by 160.20%
EPS Next Year
1.76
from 1.09
Increased by 61.47%
Year 2019202020212022202320242025
Revenue
424.33M541.24M679.39M867.83M1.04B970.54M1.10B
Revenue Growth
-3.85%27.55%25.53%27.74%19.79%-6.64%13.55%
EPS
-0.320.543.510.600.421.091.76
EPS Growth
--550.00%-82.91%-30.00%160.20%61.47%
No. Analysts -----99
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 1.0B 1.2B
Avg 970.5M 1.1B
Low 926.1M 1.0B

Revenue Growth

Revenue Growth 20242025
High
-3.0%
18.9%
Avg
-6.6%
13.5%
Low
-10.9%
7.1%

EPS Forecast

EPS 20242025
High 1.21 2.01
Avg 1.09 1.76
Low 0.96 1.46

EPS Growth

EPS Growth 20242025
High
187.5%
83.5%
Avg
160.2%
61.5%
Low
128.7%
33.6%
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.