Equities Analysts Set Expectations for Calix FY2027 Earnings

Calix, Inc (NYSE:CALX) – Research analysts at Northland Securities issued their FY2027 EPS estimates for Calix in a report issued on Tuesday, July 21st. Northland Securities analyst T. Savageaux anticipates that the communications equipment provider will earn $1.55 per share for the year. Northland Securities currently has a “Outperform” rating and a $52.00 target price on the stock. The consensus estimate for Calix’s current full-year earnings is $0.83 per share.

Calix (NYSE:CALX) last posted its quarterly earnings results on Monday, July 20th. The communications equipment provider reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.07. The company had revenue of $293.33 million for the quarter, compared to the consensus estimate of $289.96 million. Calix had a net margin of 4.61% and a return on equity of 6.17%. The firm’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period last year, the company posted $0.33 EPS. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS.

Several other research analysts also recently issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of Calix from $65.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday. Zacks Research downgraded Calix from a “hold” rating to a “strong sell” rating in a report on Monday. Roth Capital restated a “buy” rating on shares of Calix in a research report on Tuesday. Rosenblatt Securities lowered their target price on Calix from $70.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Needham & Company LLC dropped their target price on Calix from $70.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Seven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $63.86.

Calix Price Performance

Shares of NYSE:CALX opened at $35.92 on Thursday. Calix has a one year low of $34.26 and a one year high of $71.22. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 48.55 and a beta of 1.23. The firm has a 50 day simple moving average of $38.45 and a 200 day simple moving average of $46.25.

Calix declared that its board has approved a share buyback program on Tuesday, April 21st that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the communications equipment provider to purchase up to 3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity

In other news, Director Carl Russo sold 25,000 shares of Calix stock in a transaction on Monday, April 27th. The shares were sold at an average price of $43.26, for a total transaction of $1,081,500.00. Following the transaction, the director owned 1,644,188 shares in the company, valued at approximately $71,127,572.88. The trade was a 1.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 17.44% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC lifted its holdings in Calix by 63.0% during the 4th quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider’s stock worth $29,000 after buying an additional 213 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Calix in the 2nd quarter valued at about $30,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Calix by 24,733.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 745 shares of the communications equipment provider’s stock valued at $39,000 after buying an additional 742 shares during the period. Strive Financial Group LLC bought a new position in shares of Calix during the fourth quarter worth about $40,000. Finally, Harbor Investment Advisory LLC bought a new position in shares of Calix during the second quarter worth about $31,000. 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: Calix reported strong Q2 results, beating estimates with revenue of $293.3 million and EPS of $0.47, supported by record software gains and growth in recurring services. Analysts at JPMorgan and Northland also maintained bullish views, even as they trimmed price targets. Calix Inc (CALX) Q2 2026 Earnings Call Highlights: Record Revenue and Strategic Growth Amid …
• Neutral Sentiment: The company’s AI-broadband strategy and broader push into software and recurring revenue remain a long-term growth story, but investors are still weighing execution and margin pressure. Calix AI Broadband Strategy Shows Where Fiber Networks Are Heading
• Neutral Sentiment: Multiple law firms issued deadline reminders about an already filed securities class action, with the lead plaintiff deadline set for July 27, 2026. These notices do not change fundamentals, but they can keep sentiment fragile until the case progresses. CALX DEADLINE ALERT: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Calix, Inc. Investors to Secure Counsel Before Important July 27 Deadline in Securities Class Action – CALX
• Neutral Sentiment: Calix also faced mixed analyst commentary, including a JPMorgan price-target cut and a Zacks downgrade, although both still highlighted meaningful upside from current levels. Analyst rating and price target updates
• Negative Sentiment: The biggest near-term concern is margin compression: management warned that rising memory costs tied to AI demand are pressuring gross margins in Q3, overshadowing the strong revenue beat and helping drive the stock lower. Calix Slides as Margin Outlook Overshadows Record Q2 Results

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.