Calix (CALX) to Release Earnings on Tuesday

Calix (NYSE:CALX) is anticipated to release its Q1 2026 results after the market closes on Tuesday, April 21st. Analysts expect Calix to post earnings of $0.3731 per share and revenue of $277.50 million for the quarter. Calix has set its Q1 2026 guidance at 0.340-0.400 EPS. Parties may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Tuesday, April 21, 2026 at 5:00 PM ET.

Calix (NYSE:CALX) last released its quarterly 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 2.31%. The business had revenue of $272.40 million during the quarter, compared to the consensus estimate of $267.36 million. During the same quarter last year, the company earned $0.08 earnings per share. The business’s quarterly revenue was up 32.2% compared to the same quarter last year. On average, analysts expect Calix to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Calix Trading Up 2.3%

CALX stock opened at $48.84 on Tuesday. Calix has a twelve month low of $32.55 and a twelve month high of $71.22. The company has a market capitalization of $3.16 billion, a P/E ratio of 195.36 and a beta of 1.53. The firm has a 50 day simple moving average of $51.24 and a 200-day simple moving average of $55.08.

Calix announced that its board has authorized 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 buy up to 3.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

CALX has been the subject of a number of recent analyst reports. Craig Hallum set a $60.00 price target on shares of Calix in a research report on Friday, January 30th. Rosenblatt Securities reissued a “buy” rating and set a $70.00 price target on shares of Calix in a research report on Tuesday, March 31st. JPMorgan Chase & Co. raised shares of 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 research report on Thursday, January 15th. Weiss Ratings raised shares of Calix from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Monday, February 23rd. Finally, Zacks Research downgraded shares of Calix from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $75.00.

Hedge Funds Weigh In On Calix

Several large investors have recently added to or reduced their stakes in the company. State Street Corp lifted its stake in Calix by 1.0% during the fourth quarter. State Street Corp now owns 2,362,965 shares of the communications equipment provider’s stock worth $125,072,000 after purchasing an additional 23,022 shares during the last quarter. Alliancebernstein L.P. lifted its stake in Calix by 4.5% in the third quarter. Alliancebernstein L.P. now owns 1,409,729 shares of the communications equipment provider’s stock valued at $86,515,000 after buying an additional 61,247 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Calix by 214.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,274,426 shares of the communications equipment provider’s stock valued at $78,212,000 after buying an additional 868,987 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in Calix in the fourth quarter valued at $57,915,000. Finally, Lord Abbett & CO. LLC lifted its stake in Calix by 10.2% in the fourth quarter. Lord Abbett & CO. LLC now owns 987,431 shares of the communications equipment provider’s stock valued at $52,265,000 after buying an additional 91,175 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors.

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.