Calix (NYSE:CALX – Get Free Report) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.410-0.490 for the period, compared to the consensus earnings per share estimate of 0.400. The company issued revenue guidance of $311.0 million-$317.0 million, compared to the consensus revenue estimate of $314.5 million. Calix also updated its FY 2026 guidance to EPS.
Calix Price Performance
Calix stock opened at $35.01 on Tuesday. The business has a fifty day moving average price of $36.12 and a 200-day moving average price of $42.57. Calix has a 1-year low of $32.35 and a 1-year high of $69.73. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 47.52 and a beta of 1.32.
Calix (NYSE:CALX – Get Free Report) last posted its quarterly earnings data on Monday, November 2nd. The communications equipment provider reported $0.44 EPS for the quarter, topping the consensus estimate of $0.42 by $0.02. Calix had a net margin of 4.61% and a return on equity of 6.17%. The business had revenue of $301.71 million during the quarter, compared to the consensus estimate of $304.23 million. During the same period in the previous year, the firm posted $0.44 earnings per share. The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. On average, equities research analysts anticipate that Calix will post 0.89 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. Wall Street Zen upgraded Calix from a “buy” rating to a “strong-buy” rating in a report on Saturday. JPMorgan Chase & Co. reduced their price objective on Calix from $65.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Weiss Ratings downgraded Calix from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, October 26th. Roth Capital reiterated a “buy” rating on shares of Calix in a research report on Tuesday, July 21st. Finally, Rosenblatt Securities cut their price objective on Calix from $70.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Calix has a consensus rating of “Moderate Buy” and an average price target of $57.40.
Check Out Our Latest Research Report on Calix
About Calix
Calix, Inc provides cloud, software and broadband access solutions to communications service providers. Its technology helps broadband operators deploy, manage and monetize high-speed internet and related services for residential and business customers.
The company’s offerings include broadband access systems, subscriber premise equipment, cloud-based software and analytics, and managed services. Its portfolio supports fiber, fixed wireless and other broadband networks, while enabling providers to deliver services such as Wi-Fi management, network security, connected home applications and business connectivity.
Founded in 1999 and headquartered in San Jose, California, Calix serves broadband service providers primarily in North America, with customers and operations in other international markets.
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