Calix (CALX) Expected to Announce Quarterly Earnings on Tuesday

Calix (NYSE:CALX) is projected to issue its Q1 2026 results after the market closes on Tuesday, April 21st. Analysts expect the company to announce 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 can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Tuesday, April 21, 2026 at 5:00 PM ET.

Calix (NYSE:CALX) last issued its quarterly earnings results on Wednesday, January 28th. The communications equipment provider reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. Calix had a return on equity of 2.31% and a net margin of 1.79%.The company had revenue of $272.40 million for the quarter, compared to the consensus estimate of $267.36 million. During the same period last year, the business posted $0.08 earnings per share. The firm’s 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 Stock Up 0.1%

Shares of NYSE:CALX opened at $50.20 on Monday. The company has a market cap of $3.24 billion, a price-to-earnings ratio of 200.82 and a beta of 1.53. The business has a 50 day moving average price of $51.15 and a 200 day moving average price of $54.74. Calix has a twelve month low of $32.55 and a twelve month high of $71.22.

Calix announced that its Board of Directors has initiated a stock repurchase program on Wednesday, January 28th that authorizes the company to repurchase $125.00 million in outstanding shares. This repurchase authorization authorizes the communications equipment provider to buy up to 3.4% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research firms recently commented on CALX. Needham & Company LLC cut their target price on shares of Calix from $82.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. Wall Street Zen downgraded shares of Calix from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings raised shares of Calix from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Monday, February 23rd. JPMorgan Chase & Co. reduced their target price on shares of Calix from $90.00 to $70.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Rosenblatt Securities reissued a “buy” rating and set a $70.00 target price on shares of Calix in a research report on Tuesday, March 31st. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Calix presently has an average rating of “Moderate Buy” and a consensus target price of $71.67.

Hedge Funds Weigh In On Calix

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Calix during the 4th quarter valued at about $57,915,000. Arrowstreet Capital Limited Partnership increased 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 acquiring an additional 868,987 shares during the period. Alyeska Investment Group L.P. acquired a new position in Calix in the fourth quarter worth about $19,856,000. Trexquant Investment LP raised its position in Calix by 2,530.0% in the fourth quarter. Trexquant Investment LP now owns 309,838 shares of the communications equipment provider’s stock worth $16,400,000 after purchasing an additional 298,057 shares in the last quarter. Finally, Cubist Systematic Strategies LLC lifted its stake in Calix by 1,166.0% during the second quarter. Cubist Systematic Strategies LLC now owns 290,026 shares of the communications equipment provider’s stock worth $15,427,000 after purchasing an additional 267,118 shares during the period. 98.14% of the stock is 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.