Wall Street analyst estimates for Calix, Inc. (CALX): consensus price target and buy/hold/sell recommendations.
Headquartered in San Jose, California, Calix, Inc., established in 1999, is a global technology provider specializing in cloud and software platforms, robust systems, and comprehensive services. The company's innovative solutions empower broadband service providers (BSPs) to offer a diverse array of services to their customers. Calix's reach extends throughout the United States, the broader Americas, Europe, the Middle East, Africa, and the Asia Pacific region.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 15 |
| Hold | 5 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 21 |
| Avg rating (−2 sell to +2 buy) | 0.67 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-02 | $0.42 | ||
| 2026-07-20 | $0.47 | $0.40 | +16.1% |
| 2026-04-21 | $0.40 | $0.38 | +5.3% |
| 2026-01-28 | $0.39 | $0.38 | +2.6% |
| 2025-10-29 | $0.44 | $0.34 | +29.4% |
| 2025-07-21 | $0.33 | $0.20 | +65.0% |
| 2025-04-21 | $0.19 | $0.13 | +46.2% |
| 2025-01-29 | $0.08 | $0.07 | +14.3% |
Valuation Ratios
| P/E Ratio | 47.82 |
| Price / Book | 3.29 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $458.8M | $510.4M | $441.3M | $424.3M | $541.2M | $679.4M | $867.8M | $1.04B | $831.5M | $1.00B |
| Cost of Revenue | $257.6M | $337.5M | $243.9M | $236.4M | $274.2M | $322.8M | $432.4M | $521.3M | $377.9M | $431.7M |
| Gross Profit | $201.2M | $172.9M | $197.4M | $187.9M | $267.0M | $356.6M | $435.4M | $518.3M | $453.6M | $568.3M |
| Research & Development | $106.9M | $127.5M | $90.0M | $81.2M | $85.3M | $101.7M | $132.0M | $177.8M | $179.9M | $190.4M |
| Selling, General & Admin | $125.3M | $122.7M | $126.9M | $119.7M | $138.6M | $181.7M | $250.8M | $315.0M | $316.8M | $357.0M |
| Operating Expenses | $229.3M | $254.4M | $215.9M | $203.3M | $230.2M | $282.6M | $382.8M | $492.7M | $496.6M | $547.3M |
| Operating Income | -$28.1M | -$81.6M | -$18.5M | -$15.4M | $36.8M | $73.9M | $52.6M | $25.6M | -$43.0M | $21.0M |
| EBITDA | -$18.5M | -$66.3M | -$8.9M | -$5.3M | $49.6M | $88.1M | $68.4M | $51.4M | -$12.1M | $51.9M |
| Interest Expense | $585,000 | $160,000 | $632,000 | $958,000 | $1.6M | $402,000 | 0 | 0 | 0 | 0 |
| Pre-tax Income | -$27.1M | -$81.8M | -$18.8M | -$16.5M | $34.3M | $72.7M | $54.0M | $34.8M | -$31.6M | $34.2M |
| Income Tax | $347,000 | $1.2M | $530,000 | $1.2M | $800,000 | -$165.7M | $13.0M | $5.4M | -$1.9M | $16.3M |
| Net Income | -$27.4M | -$83.0M | -$19.3M | -$17.7M | $33.5M | $238.4M | $41.0M | $29.3M | -$29.7M | $17.9M |
| EPS | -$0.56 | -$1.66 | -$0.37 | -$0.32 | $0.57 | $3.77 | $0.63 | $0.44 | -$0.45 | $0.27 |
| EPS (Diluted) | -$0.56 | -$1.66 | -$0.37 | -$0.32 | $0.54 | $3.51 | $0.60 | $0.42 | -$0.45 | $0.26 |
| Shares Outstanding (Diluted) | 48.7 M | 50.2 M | 52.6 M | 55.0 M | 62.0 M | 67.9 M | 68.9 M | 69.3 M | 65.9 M | 70.4 M |
Price
| Price | $36.82 (closing price, October 30, 2026) |
| Market Cap | $2.3B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Technology · Communication Equipment
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