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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
Buy | 2 | 2 | 2 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 5 | 5 | 5 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 1.0B | 1.2B |
Avg | 970.5M | 1.1B |
Low | 926.1M | 1.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | -3.0% | 18.9% |
Avg | -6.6% | 13.5% |
Low | -10.9% | 7.1% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 1.21 | 2.01 |
Avg | 1.09 | 1.76 |
Low | 0.96 | 1.46 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
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.