Northland Capmk Issues Positive Estimate for Calix Earnings

Calix, Inc. (NYSE:CALX) – Investment analysts at Northland Capmk upped their Q2 2025 earnings per share estimates for shares of Calix in a research note issued on Tuesday, April 22nd. Northland Capmk analyst T. Savageaux now anticipates that the communications equipment provider will post earnings per share of ($0.07) for the quarter, up from their previous estimate of ($0.11). The consensus estimate for Calix’s current full-year earnings is ($0.43) per share. Northland Capmk also issued estimates for Calix’s Q3 2025 earnings at $0.02 EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at ($0.08) EPS.

Calix (NYSE:CALX) last issued its quarterly earnings results on Monday, April 21st. The communications equipment provider reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.06. Calix had a negative net margin of 3.58% and a negative return on equity of 3.43%. The company had revenue of $220.20 million during the quarter, compared to analyst estimates of $206.98 million. During the same period last year, the business earned $0.21 EPS.

Several other research analysts have also recently weighed in on CALX. Roth Capital set a $50.00 price target on shares of Calix and gave the stock a “buy” rating in a research note on Tuesday. Needham & Company LLC restated a “buy” rating and set a $53.00 price objective on shares of Calix in a research report on Tuesday. JPMorgan Chase & Co. lifted their target price on shares of Calix from $34.00 to $38.00 and gave the company a “neutral” rating in a research note on Wednesday. Rosenblatt Securities increased their price target on Calix from $51.00 to $52.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, UBS Group restated a “buy” rating on shares of Calix in a research report on Tuesday. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $45.29.

Calix Stock Up 5.9 %

CALX opened at $39.08 on Friday. The firm has a 50 day moving average price of $34.97 and a 200-day moving average price of $35.81. Calix has a twelve month low of $27.20 and a twelve month high of $42.50. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of -86.84 and a beta of 1.75.

Calix announced that its board has authorized a share repurchase program on Monday, April 21st that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the communications equipment provider to buy up to 4.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In related news, Director Carl Russo sold 25,000 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $38.15, for a total value of $953,750.00. Following the completion of the transaction, the director now owns 2,164,188 shares of the company’s stock, valued at approximately $82,563,772.20. This trade represents a 1.14 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 16.90% of the company’s stock.

Hedge Funds Weigh In On Calix

Several large investors have recently modified their holdings of CALX. Smartleaf Asset Management LLC lifted its position in Calix by 367.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 814 shares of the communications equipment provider’s stock worth $28,000 after buying an additional 640 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Calix by 29.8% in the 4th quarter. Pacer Advisors Inc. now owns 1,558 shares of the communications equipment provider’s stock worth $54,000 after acquiring an additional 358 shares during the last quarter. Quantbot Technologies LP purchased a new position in shares of Calix during the 4th quarter worth about $84,000. KBC Group NV boosted its stake in shares of Calix by 57.8% during the 4th quarter. KBC Group NV now owns 2,772 shares of the communications equipment provider’s stock worth $97,000 after purchasing an additional 1,015 shares during the period. Finally, Mercer Global Advisors Inc. ADV bought a new position in Calix during the 4th quarter valued at about $208,000. Institutional investors own 98.14% of the company’s stock.

About Calix

Calix, Inc, together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.