Calix (CALX) Expected to Release Quarterly Earnings on Monday

Calix (NYSE:CALX) is expected to be issuing its Q2 2026 results after the market closes on Monday, July 20th. Analysts expect the company to post earnings of $0.41 per share and revenue of $289.9570 million for the quarter. Calix has set its Q2 2026 guidance at 0.350-0.450 EPS. Parties are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 8:30 AM ET.

Calix (NYSE:CALX) last posted its quarterly earnings results on Tuesday, April 21st. The communications equipment provider reported $0.40 EPS for the quarter, topping the consensus estimate of $0.37 by $0.03. Calix had a net margin of 3.20% and a return on equity of 4.30%. The company had revenue of $279.98 million during the quarter, compared to analysts’ expectations of $277.50 million. During the same quarter in the previous year, the business posted $0.19 EPS. The firm’s revenue was up 27.2% on a year-over-year basis. On average, analysts expect Calix to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Calix Trading Up 1.4%

Shares of CALX opened at $39.17 on Friday. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 81.61 and a beta of 1.23. The firm’s fifty day simple moving average is $38.71 and its 200-day simple moving average is $46.63. Calix has a twelve month low of $34.86 and a twelve month high of $71.22.

Calix declared that its Board of Directors has approved a share repurchase program on Tuesday, April 21st that permits the company to buyback $100.00 million in shares. This buyback authorization permits the communications equipment provider to buy up to 3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Insider Transactions at Calix

In other Calix news, Director Carl Russo sold 25,000 shares of the company’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $43.26, for a total value of $1,081,500.00. Following the completion of the transaction, the director owned 1,644,188 shares in the company, valued at $71,127,572.88. This represents a 1.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.44% of the stock is owned by corporate insiders.

Institutional Trading of Calix

Institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Calix during the 2nd quarter worth approximately $30,000. Strive Financial Group LLC purchased a new stake in Calix in the fourth quarter valued at approximately $40,000. NewEdge Advisors LLC acquired a new stake in shares of Calix in the third quarter valued at approximately $64,000. Smartleaf Asset Management LLC boosted its holdings in shares of 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 period. Finally, Kestra Advisory Services LLC purchased a new position in shares of Calix during the fourth quarter worth approximately $67,000. 98.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CALX has been the topic of several recent analyst reports. Wall Street Zen lowered Calix from a “strong-buy” rating to a “buy” rating in a report on Saturday. Needham & Company LLC dropped their price objective on Calix from $70.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Rosenblatt Securities reiterated a “buy” rating and issued a $70.00 price objective on shares of Calix in a report on Wednesday, June 10th. Roth Capital reissued a “buy” rating on shares of Calix in a research report on Thursday, April 23rd. Finally, Zacks Research upgraded Calix from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $67.00.

Key Stories Impacting Calix

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Calix announced that Consolidated Business Services, which supports eight rural broadband cooperatives, selected the AI-native Calix One platform and Calix Agent Workforce Cloud to improve residential, business, and MDU customer experiences. This suggests continued product adoption and could support revenue growth. Article: CBS Selects AI-Native Calix One To Transform How 8 Rural Cooperatives Win Across Residential, Business, and Multifamily Properties
• Neutral Sentiment: Investor attention is also on Calix’s upcoming second-quarter earnings report, due July 20, with analysts expecting higher results than last year. A solid print or raised guidance could help the stock. Article: Calix Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Negative Sentiment: Multiple law firms issued reminders about a pending securities-fraud class action against Calix, with a lead-plaintiff deadline of July 27 for investors who bought shares between January 28 and April 21, 2026. These repeated lawsuit alerts can create headline risk and pressure sentiment. Article: CALX Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Calix, Inc. Securities Lawsuit

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.