Calix Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Calix stock has a consensus rating of "Buy" and an average price target of $66. The average 1-year stock price forecast is 85.55% higher than the current stock price, while the lowest is $52 (+46.19%) and the highest is $85 (+138.97%).

Price Target: $66 (+85.55%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$52	$66	$63.5	$85
Change	+46.19%	+85.55%	+78.52%	+138.97%

Analyst Ratings

The average analyst rating for Calix stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Jan '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	4	4	4	3	3	3
Buy	1	2	2	2	2	2
Hold	2	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Genovese Rosenblatt Securities	Rosenblatt Securities	Buy Reiterates $70	Buy	Reiterates	$70	+96.80%	Jun 10, 2026
Ryan Koontz Needham	Needham	Buy Reiterates $70 → $62	Buy	Reiterates	$70 → $62	+74.30%	Apr 23, 2026
Samik Chatterjee J.P. Morgan	J.P. Morgan	Buy Maintains $70 → $65	Buy	Maintains	$70 → $65	+82.74%	Apr 22, 2026
Scott Searle Roth MKM	Roth MKM	Buy Reiterates $85	Buy	Reiterates	$85	+138.97%	Apr 22, 2026
Tim Savageaux Northland Securities	Northland Securities	Hold Downgrades $75 → $52	Hold	Downgrades	$75 → $52	+46.19%	Apr 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.18B

from 1.00B

18.34%

from 1.00B

Revenue Next Year

1.38B

from 1.18B

16.27%

from 1.18B

EPS This Year

1.78

from 1.35

31.66%

from 1.35

EPS Next Year

2.50

from 1.78

40.83%

from 1.78

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	679.39M	867.83M	1.04B	831.52M	1.00B	1.18B
Revenue Growth	25.53%	27.74%	19.79%	-20.02%	20.26%	18.34%
Gross Profit	356.59M	435.43M	518.32M	453.59M	568.32M	664.08M
Gross Margin	52.49%	50.17%	49.86%	54.55%	56.83%	56.12%
Operating Income	73.15M	52.61M	25.59M	-43.03M	20.99M	147.37M
Net Income	238.38M	41.01M	29.33M	-29.75M	17.88M	52.80M
EPS	-	-	-	-	1.35	1.78
EPS Growth	-	-	-	-	164.71%	31.66%
Forward PE	90.15	59.28	28.02	65.79	31.72	20.01
Free Cash Flow	28.93M	14.14M	27.61M	78.67M	117.15M	124.00M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.2B
Avg	1.2B
Low	1.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	20.0%
Avg	18.3%
Low	17.4%

EPS Forecast

EPS	2026	2027	2028
High	1.90
Avg	1.78
Low	1.70

EPS Growth

EPS Growth	2026	2027	2028
High	40.9%
Avg	31.7%
Low	25.9%