Calix (NYSE:CALX) Posts Earnings Results

Calix (NYSE:CALX) released its earnings results on Wednesday. The communications equipment provider reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.01, FiscalAI reports. Calix had a negative net margin of 0.78% and a negative return on equity of 0.69%. The firm had revenue of $272.40 million during the quarter, compared to analyst estimates of $267.36 million. During the same quarter in the previous year, the firm earned $0.08 earnings per share. The firm’s revenue for the quarter was up 32.2% compared to the same quarter last year. Calix updated its Q1 2026 guidance to 0.340-0.400 EPS.

Calix Price Performance

CALX traded down $6.31 during mid-day trading on Thursday, hitting $46.65. The stock had a trading volume of 4,759,188 shares, compared to its average volume of 1,057,064. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of -388.71 and a beta of 1.55. Calix has a 1-year low of $28.60 and a 1-year high of $71.22. The stock’s fifty day simple moving average is $54.69 and its 200-day simple moving average is $57.79.

Calix announced that its Board of Directors has approved a share repurchase program on Wednesday, January 28th that authorizes the company to buyback $125.00 million in shares. This buyback authorization authorizes the communications equipment provider to repurchase up to 3.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In related news, CFO Cory Sindelar sold 50,000 shares of the business’s stock in a transaction 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 directly owned 76,555 shares in the company, valued at approximately $4,999,041.50. The trade was a 39.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Carl Russo sold 420,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $64.09, for a total transaction of $26,917,800.00. Following the completion of the sale, the director directly owned 1,694,188 shares in the company, valued at approximately $108,580,508.92. The trade was a 19.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 520,000 shares of company stock worth $33,449,800 over the last quarter. 16.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Calix

Hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of Calix in the second quarter worth $30,000. NewEdge Advisors LLC acquired a new position in shares of Calix in the third quarter worth approximately $64,000. Smartleaf Asset Management LLC boosted its holdings in Calix by 27.0% in the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the communications equipment provider’s stock valued at $64,000 after acquiring an additional 265 shares during the last quarter. Quadrant Capital Group LLC acquired a new stake in Calix during the 3rd quarter valued at approximately $214,000. Finally, Teza Capital Management LLC bought a new position in Calix during the 2nd quarter worth approximately $220,000. Institutional investors and hedge funds own 98.14% of the company’s stock.

Analysts Set New Price Targets

CALX has been the subject of a number of research reports. UBS Group reaffirmed an “outperform” rating and set a $75.00 target price on shares of Calix in a report on Friday, October 31st. Craig Hallum reissued a “buy” rating and set a $75.00 price objective on shares of Calix in a research report on Friday, October 31st. Weiss Ratings reissued a “sell (d-)” rating on shares of Calix in a research report on Monday, December 29th. Roth Mkm set a $85.00 price objective on Calix and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Rosenblatt Securities restated a “buy” rating and set a $85.00 price target on shares of Calix in a report on Tuesday. 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 company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $82.00.

Calix News Summary

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Board authorized a $125 million share repurchase (~3.4% of shares), a clear capital-return signal that management views the stock as undervalued. Calix Expands Share Repurchase Authorization to Support Flexibility
• Positive Sentiment: Q4 revenue grew ~32% YoY to ~$272M and the company reported an EPS beat on the headline metric—evidence of healthy top-line demand. Calix (CALX) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management raised Q1 fiscal‑2026 guidance (EPS $0.340–0.400 vs. consensus ~0.280; revenue $275–281M vs. est. ~$272M), suggesting continue d momentum into the quarter. Calix Q4 Earnings / Guidance (MarketBeat)
• Positive Sentiment: Analysts remain constructive — Rosenblatt reiterated a Buy and several firms maintain price targets implying substantial upside, supporting longer‑term bullish views. Rosenblatt Securities Reiterates “Buy” Rating for Calix Wall Street Analysts Believe Calix Could Rally
• Neutral Sentiment: Large institutional flows reported (several big funds added shares), which could support liquidity and longer-term ownership but may not move near-term price direction. Calix Inc Stock Rises on Q4 2025 Earnings
• Neutral Sentiment: Technical commentators note rising relative strength, a neutral-to-positive signal that may attract momentum traders. Stocks with rising relative strength: Calix
• Negative Sentiment: Investors may have reacted to mixed profitability metrics and reporting differences: some summaries show weaker GAAP net income and lower diluted EPS figures, and the company still reports negative net margin/ROE — creating confusion and concern despite headline beats. Calix Inc Stock Rises on Q4 2025 Earnings (Quiver)

Calix Company Profile

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.