Northland Securities Predicts Calix FY2027 Earnings

Calix, Inc (NYSE:CALX) – Equities researchers at Northland Securities issued their FY2027 earnings per share (EPS) estimates for Calix in a research report issued on Tuesday, July 21st. Northland Securities analyst T. Savageaux anticipates that the communications equipment provider will post earnings per share of $1.55 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 released its quarterly earnings data on Monday, July 20th. The communications equipment provider reported $0.47 EPS for the quarter, topping the consensus estimate of $0.40 by $0.07. The business had revenue of $293.33 million for the quarter, compared to analyst estimates of $289.96 million. Calix had a net margin of 4.61% and a return on equity of 6.17%. The business’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.33 EPS. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS.

Several other analysts have also commented on the stock. Zacks Research lowered shares of Calix from a “hold” rating to a “strong sell” rating in a research report on Monday. Rosenblatt Securities cut their price objective on Calix from $70.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday. JPMorgan Chase & Co. cut their price objective on Calix from $65.00 to $58.00 and set an “overweight” rating for the company in a research report on Wednesday. Needham & Company LLC reduced their target price on Calix from $70.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Finally, Wall Street Zen cut Calix from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Seven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $63.86.

Calix Trading Down 0.4%

NYSE:CALX opened at $35.69 on Thursday. The company has a market capitalization of $2.25 billion, a P/E ratio of 48.23 and a beta of 1.23. The firm has a 50-day moving average price of $38.36 and a two-hundred day moving average price of $46.12. Calix has a twelve month low of $34.26 and a twelve month high of $71.22.

Calix declared that its Board of Directors has approved a share repurchase plan on Tuesday, April 21st that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the communications equipment provider to reacquire up to 3% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its stock is undervalued.

Insider Transactions at Calix

In other Calix news, Director Carl Russo sold 25,000 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 1,644,188 shares of the company’s stock, valued at $71,127,572.88. This trade represents a 1.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 17.44% of the company’s stock.

Hedge Funds Weigh In On Calix

Several institutional investors and hedge funds have recently modified their holdings of the company. LVW Advisors LLC boosted its position in Calix by 2.0% in the 4th quarter. LVW Advisors LLC now owns 9,655 shares of the communications equipment provider’s stock valued at $511,000 after buying an additional 188 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Calix by 63.0% during the fourth quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider’s stock worth $29,000 after acquiring an additional 213 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of Calix by 27.0% during the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the communications equipment provider’s stock worth $64,000 after acquiring an additional 265 shares during the last quarter. Maryland State Retirement & Pension System lifted its stake in shares of Calix by 3.2% in the fourth quarter. Maryland State Retirement & Pension System now owns 8,813 shares of the communications equipment provider’s stock worth $466,000 after acquiring an additional 270 shares in the last quarter. Finally, Vident Advisory LLC lifted its stake in shares of Calix by 2.8% in the fourth quarter. Vident Advisory LLC now owns 10,570 shares of the communications equipment provider’s stock worth $559,000 after acquiring an additional 287 shares in the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Key Headlines Impacting Calix

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Investor-focused commentary says Calix could be materially undervalued after reporting record earnings and issuing 2026 guidance, reinforcing the bullish case that the stock may be priced below its growth potential. Calix (CALX) Could Be 46% Undervalued On Record Earnings And 2026 Guidance
• Positive Sentiment: Calix announced that Conexon Connect is adopting Calix Agent Workforce Cloud to scale growth across residential, business, and MDU markets, a sign of continued product traction and customer expansion. Conexon Connect Chooses Calix Agent Workforce Cloud To Advance 79 NPS and Scale Their Go-to-Market Strategy
• Positive Sentiment: Northland Securities reiterated a positive view and raised FY2027 earnings estimates, suggesting analysts see room for earnings growth beyond the current year. Calix analyst estimate update
• Neutral Sentiment: Several market notes highlight ongoing debate around Calix’s post-earnings performance, including concerns about margin pressure even as software gains improve the growth profile. How Investors Are Reacting To Calix (CALX) Record Q2 Software Gains And Ongoing Margin Pressures
• Neutral Sentiment: Analyst actions were mixed, with some target cuts but still constructive ratings, indicating valuation debate rather than a clear deterioration in the business outlook.
• Negative Sentiment: Multiple law firms issued reminders about the July 27 lead-plaintiff deadline in the securities class action against Calix, keeping legal uncertainty in focus and likely weighing on sentiment. CALX IMPORTANT DEADLINE: ROSEN…
• Negative Sentiment: Zacks downgraded Calix to “strong sell,” and other firms lowered price targets, adding pressure on the shares despite upbeat earnings. Calix (NYSE:CALX) Hits New 52-Week Low on Analyst Downgrade

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.