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Calix, Inc

CALX

Last
$37.50
Day
+3.9%
1y
-38.8%
5y
-31.0%
52w
-49.3%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-11-0223d
EMA 21
35.25
EMA 50
36.28
EMA 200
42.00
20d high
-1.3%
5y high
-55.4%
5y range
17th
Website · 1,921 employees · United States

Positions held

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Add it to see shares, cost, and P&L here.

Score
20
Hold
swing
Signal
Buy
Target
$38.15
Stop
$34.36
Stop distance
8.4%
Target vs last
+1.7%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Calix, Inc. is well-positioned in the Software - Infrastructure industry, focusing on innovative solutions that enhance broadband connectivity, which is critical in today's digital landscape.
  • In Q2 2026, Calix reported a revenue increase of 5% compared to the previous quarter, reaching $293 million.
  • The operating margin expanded to 7.4% in Q2 2026, reflecting improved operational efficiency.
Bear case
  • Despite growth, Calix has a trailing P/E ratio of 47.05, indicating that the stock may be overvalued relative to its earnings.
  • The company experienced a decline in gross margin to 54.6% in Q2 2026, down from 56.9% in the prior quarter.
  • Calix's score is currently a 'Sell' with a score of -10.00, indicating negative market sentiment.

Fundamentals

Market cap$2.27BEnterprise value$2.09BTrailing P/E48.11Forward P/E15.67
PEG3.34Price / book3.20Beta1.32Dividend yield0.00%
Revenue growth21.3%Earnings growth—Gross margin56.6%Operating margin7.4%
Profit margin4.6%ROE6.9%ROA4.1%Debt / equity0.02
Current ratio2.83Free cash flow$61.48MAnalyst recommendationnoneMean target$62.33
52w high$71.2252w low$32.35

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$293M$280M$272M$265M$242M
Op margin7.4%4.5%3.4%6.6%0.2%
Net income$17.1M$11.2M$7.2M$15.7M-$0.2M
Gross margin54.6%56.9%57.7%57.3%56.3%
Gross profit$160M$159M$157M$152M$136M
Operating income$21.8M$12.7M$9.3M$17.4M$0.4M
  • Revenue +5% vs prior quarter ($293M vs $280M).
  • Gross margin 54.6% (was 56.9% prior quarter).
  • Operating margin expanded to 7.4%.

Yearly (6y)

20252024202320222021
Revenue$1.0B$832M$1.0B$868M—
Op margin2.1%-5.2%2.5%6.1%—
Net income$17.9M-$29.7M$29.3M$41.0M—
Gross margin56.8%54.6%49.9%50.2%—
Gross profit$568M$454M$518M$435M—
Operating income$21.0M-$43.0M$25.6M$52.6M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

CALX · daily+2.6% over 13 sessions
Close EMA21 EMA50 EMA200
32.1433.2934.4535.6036.752026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$0M$73M$147M$220M$293M0%29%58%2025-Q22025-Q32025-Q42026-Q12026-Q2