Calix’s (CALX) Buy Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reissued their buy rating on shares of Calix (NYSE:CALX) in a report issued on Tuesday morning,Benzinga reports. They currently have a $85.00 price objective on the communications equipment provider’s stock.

A number of other equities analysts have also recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Calix in a report on Monday, December 29th. Craig Hallum reiterated a “buy” rating and set a $75.00 price target on shares of Calix in a research report on Friday, October 31st. JPMorgan Chase & Co. raised Calix from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $75.00 to $90.00 in a report on Thursday, January 15th. Zacks Research downgraded Calix from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, Roth Mkm set a $85.00 target price on Calix and gave the stock a “buy” rating in a research report on Thursday, October 30th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Calix presently has an average rating of “Moderate Buy” and an average price target of $82.00.

Calix Price Performance

Shares of CALX opened at $46.65 on Tuesday. The stock has a market capitalization of $3.09 billion, a PE ratio of 186.60 and a beta of 1.55. The business’s fifty day moving average price is $54.55 and its 200 day moving average price is $57.71. Calix has a 12-month low of $28.60 and a 12-month high of $71.22.

Calix (NYSE:CALX) last issued its earnings results on Wednesday, January 28th. The communications equipment provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. Calix had a net margin of 1.79% and a return on equity of 2.36%. The company had revenue of $272.40 million for the quarter, compared to analysts’ expectations of $267.36 million. During the same period in the prior year, the company earned $0.08 earnings per share. The firm’s revenue was up 32.2% compared to the same quarter last year. Calix has set its Q1 2026 guidance at 0.340-0.400 EPS. As a group, research analysts anticipate that Calix will post -0.43 earnings per share for the current fiscal year.

Calix announced that its board has authorized a stock repurchase program on Wednesday, January 28th that authorizes the company to repurchase $125.00 million in shares. This repurchase authorization authorizes the communications equipment provider to reacquire up to 3.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Calix

In other news, insider Shane Todd Marshall Eleniak sold 50,000 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $65.34, for a total value of $3,267,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Cory Sindelar sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $65.30, for a total transaction of $3,265,000.00. Following the transaction, the chief financial officer owned 76,555 shares in the company, valued at $4,999,041.50. This represents a 39.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 520,000 shares of company stock valued at $33,449,800. Company insiders own 16.90% of the company’s stock.

Hedge Funds Weigh In On Calix

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Clearstead Advisors LLC raised its stake in shares of Calix by 139.3% in the 3rd quarter. Clearstead Advisors LLC now owns 438 shares of the communications equipment provider’s stock worth $27,000 after buying an additional 255 shares in the last quarter. SouthState Corp grew its holdings in Calix by 10,000.0% during the second quarter. SouthState Corp now owns 505 shares of the communications equipment provider’s stock worth $27,000 after acquiring an additional 500 shares during the period. Farther Finance Advisors LLC raised its position in Calix by 63.0% in the fourth quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider’s stock worth $29,000 after acquiring an additional 213 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Calix in the 2nd quarter valued at about $30,000. Finally, Whittier Trust Co. boosted its position in shares of Calix by 541.0% during the 3rd quarter. Whittier Trust Co. now owns 641 shares of the communications equipment provider’s stock valued at $38,000 after purchasing an additional 541 shares in the last quarter. 98.14% of the stock is owned by institutional investors.

Trending Headlines about Calix

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Q4 results beat consensus and management gave stronger Q1 guidance — Calix reported quarterly revenue up ~32% YoY and EPS that beat estimates; management guided Q1 EPS above Street expectations and lifted revenue guidance, which supports near-term growth expectations. Calix, Inc. (CALX) Q4 2025 Earnings Call Transcript
• Positive Sentiment: Board approved a $125 million buyback (~3.4% of shares) — a sizable repurchase program signals management believes the shares are undervalued and can provide support to the stock over time. RTT News
• Positive Sentiment: Analyst sentiment is constructive — several firms (including Rosenblatt and others) are maintaining buy/overweight ratings and high price targets, and some coverage points to double‑digit to multi‑dozen percent upside versus current levels. This analyst optimism can fuel buying if estimates continue to move up. Wall Street Analysts Believe Calix (CALX) Could Rally 54.83%
• Neutral Sentiment: Institutional activity shows mixed but meaningful repositioning — several large funds added material positions in recent quarters, which can amplify intraday moves as managers rebalance. QuiverQuant CALX coverage
• Negative Sentiment: Profitability and valuation concerns remain — despite top‑line growth and an EPS beat, some operating and net‑income metrics showed weakness year‑over‑year in the detailed release, and CALX trades at a high trailing multiple, leaving the stock sensitive to margin/earnings execution. QuiverQuant CALX coverage
• Negative Sentiment: Technical and liquidity pressure — the stock traded at multi‑times its average volume today and remains below its 50‑ and 200‑day moving averages, which can accelerate downward moves as short‑term traders and algorithms react. MarketBeat CALX quote

About Calix

Calix, Inc is a provider of cloud and software platforms, systems, and services that enable broadband service providers to transform their networks and subscriber experiences. The company’s flagship Calix Cloud platform delivers real-time analytics, automation and intelligence designed to simplify network operations, improve service agility and drive revenue growth. Calix also offers a comprehensive suite of premises and access systems, including broadband access nodes, fiber-to-the-home optics and residential gateways under the GigaSpire brand.

Through its software-defined network architecture, Calix helps service providers virtualize key network functions and introduce new services with minimal capital expenditure.