CalixCALX
CALX
About: Calix Inc develops, market and sell Calix cloud, systems and software platforms to enable service providers of all types and sizes to innovate and transform. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. The Company's revenue is principally derived in the United States and it also has its presence in Middle East & Africa, Europe, Asia Pacific and other markets.
Employees: 1,760
0
Funds holding %
of 7,290 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 4 (+2) [Q4]
36% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 33
4% more funds holding
Funds holding: 239 [Q3] → 249 (+10) [Q4]
9% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 82
0.61% less ownership
Funds ownership: 86.95% [Q3] → 86.34% (-0.61%) [Q4]
10% less capital invested
Capital invested by funds: $2.22B [Q3] → $2B (-$222M) [Q4]
84% less call options, than puts
Call options by funds: $7.28M | Put options by funds: $44.9M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$45
19%
upside
Avg. target
$49
29%
upside
High target
$53
40%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
JP Morgan Samik Chatterjee 64% 1-year accuracy 42 / 66 met price target | 19%upside $45 | Neutral Maintained | 31 Jan 2025 |
Needham Ryan Koontz 61% 1-year accuracy 65 / 106 met price target | 40%upside $53 | Buy Maintained | 31 Jan 2025 |
Financial journalist opinion
Based on 7 articles about CALX published over the past 30 days
Neutral
Business Wire
1 week ago
Kinetic Business Deploys Calix SmartBiz To Power Productivity Gains for Businesses in 18 States
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) announces that Kinetic Business, a leading fiber internet provider, has launched Calix SmartBiz™ to boost productivity and operational efficiency for businesses in small towns and big cities. SmartBiz, integrated with the cloud-enabled Calix Broadband Platform, is a purpose-built solution that enables broadband service providers (BSPs) to quickly expand their small business markets. SmartBiz is easy to deploy, manage, and scale while k.
Neutral
Business Wire
2 weeks ago
Calix Announces Upcoming Investor Events
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Calix management will participate in the upcoming investor events: Event: Morgan Stanley Technology, Media & Telecom Conference Date: March 3, 2025 Presentation Time: 1:05 p.m. Pacific Time Location: San Francisco, CA Participants: Carl Russo, Chairman & Cory Sindelar, CFO Event: ROTH Capital Partners 37th Annual Conference Date: March 17, 2025 Location: Dana Point, CA Participant: Cory Sindelar, CFO In.
Positive
Seeking Alpha
3 weeks ago
Calix: Positive Demand Outlook With Business Transition Well Underway
I reiterate my buy rating for Calix Inc. due to improving demand, especially from medium and large customers, and successful transition to a software-led revenue model. CALX's 4Q24 earnings were positive, with sequential revenue growth, market share gains, international expansion, and record-high gross margins. The shift to a software-led business is expanding margins and recurring revenue, with software and services now representing ~30% of total revenue.
Neutral
Seeking Alpha
3 weeks ago
Calix, Inc. (CALX) Q4 2024 Earnings Call Transcript
Calix, Inc. (NYSE:CALX ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Nancy Fazioli - Vice President of Investor Relations Michael Weening - President and Chief Executive Officer Cory Sindelar - Chief Financial Officer Conference Call Participants Joseph Cardoso - JPMorgan Ryan Koontz - Needham & Company George Notter - Jefferies Christian Schwab - Craig-Hallum Timothy Savageaux - Northland Capital Scott Searle - ROTH Capital Partners Operator Greetings, everyone and welcome to the Calix Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Positive
Zacks Investment Research
3 weeks ago
Calix (CALX) Q4 Earnings Meet Estimates
Calix (CALX) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.43 per share a year ago.
Neutral
Business Wire
3 weeks ago
Calix Releases Fourth Quarter 2024 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced unaudited financial results for its fourth quarter of 2024, which have been posted as a letter to stockholders to the investor relations section of its website. Please visit the Calix investor relations website at https://investor-relations.calix.com to view the letter to stockholders. A conference call to discuss these results with President and CEO Michael Weening and CFO Cory Sindelar will be held tomorrow, January 3.
Neutral
Business Wire
3 weeks ago
Building on a 57-Year History Serving Virginia, MGW's Resilient SmartTown Network Accelerates Hurricane Recovery for Residents
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Leveraging their Calix, Inc. (NYSE: CALX) partnership and a 57-year history of serving Virginia communities, MGW ensures residents stay connected and protected even in the aftermath of natural disasters like Hurricane Helene. This commitment is driving investment in everything Calix has to offer, including the cloud-enabled Calix Broadband Platform, integrated Calix SmartLife™ managed services like SmartTown® community Wi-Fi, and guidance from the award-winnin.
Neutral
Business Wire
1 month ago
Calix to Post Fourth Quarter 2024 Results on January 29, 2025
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE:CALX) today announced that on Wednesday, January 29, 2025, after market close, the company will post on the Calix Investor Relations website its fourth quarter 2024 stockholder letter for the period ended December 31, 2024. The posting of the stockholder letter will be announced over the newswire with a link to the letter to stockholders available at https://investor-relations.calix.com/. Calix will host a conference call to discuss these res.
Neutral
Zacks Investment Research
2 months ago
Is the Options Market Predicting a Spike in Calix (CALX) Stock?
Investors need to pay close attention to Calix (CALX) stock based on the movements in the options market lately.
Neutral
Business Wire
2 months ago
After a Hurricane, Local Broadband Providers Heroically Rally To Reconnect Communities Leveraging Calix SmartTown
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Today, Calix, Inc. (NYSE: CALX) recognizes the impact its customers are making in Hurricane Helene-affected communities by leveraging the Calix Broadband Platform—featuring the industry's most extensive Wi-Fi systems portfolio—and Calix SmartTown® community Wi-Fi. The efficiencies of the Calix Platform enabled broadband service providers (BSPs) like French Broad Electric Membership Corporation (French Broad EMC), Riverwave Broadband, and Clearwave Fiber to dep.
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