Calix (CALX) Stock Forecast, Price Target & Predictions
CALX Stock Forecast
Calix stock forecast is as follows: an average price target of $45.00 (represents a 22.05% upside from CALX’s last price of $36.87) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
CALX Price Target
The average price target for Calix (CALX) is $45.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $45.00. This represents a potential 22.05% upside from CALX's last price of $36.87.
CALX Analyst Ratings
According to 10 Wall Street analysts, Calix's rating consensus is 'Buy'. The analyst rating breakdown for CALX stock is 0 'Strong Buy' (0.00%), 8 'Buy' (80.00%), 2 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Calix Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Ryan Koontz | Needham | $45.00 | $39.47 | 14.01% | 22.05% |
| Oct 03, 2024 | Mike Genovese | Rosenblatt Securities | $45.00 | $37.48 | 20.06% | 22.05% |
| Apr 25, 2024 | George Notter | Jefferies | $30.00 | $28.25 | 6.19% | -18.63% |
| Apr 24, 2024 | Christian Schwab | Craig-Hallum | $41.00 | $28.11 | 45.86% | 11.20% |
| Apr 23, 2024 | Mike Genovese | Rosenblatt Securities | $35.00 | $29.56 | 18.40% | -5.07% |
| Apr 24, 2023 | Roth MKM Ratings | Roth Capital | $72.00 | $48.02 | 49.94% | 95.28% |
| Feb 06, 2023 | Rosenblatt Securities | $75.00 | $52.48 | 42.91% | 103.42% | |
| Jan 12, 2023 | George Notter | Jefferies | $90.00 | $59.85 | 50.38% | 144.10% |
| Jan 12, 2023 | Ryan Koontz | Needham | $88.00 | $59.85 | 47.03% | 138.68% |
| Oct 25, 2022 | Ryan Koontz | Needham | $70.00 | $70.75 | -1.05% | 89.86% |
| Sep 06, 2022 | Tim Savageaux | Northland Securities | $65.00 | $57.66 | 12.72% | 76.30% |
| Jul 27, 2022 | Rosenblatt Securities | $65.00 | $50.38 | 29.02% | 76.30% | |
| Jul 26, 2022 | Christopher Howe | Barrington | $67.00 | $49.61 | 35.05% | 81.72% |
| Jul 26, 2022 | Ryan Koontz | Needham | $63.00 | $49.87 | 26.34% | 70.87% |
| Apr 27, 2022 | George Notter | Jefferies | $69.00 | $38.09 | 81.15% | 87.14% |
| Apr 27, 2022 | Needham | $60.00 | $38.09 | 57.52% | 62.73% |
The latest Calix stock forecast, released on Oct 29, 2024 by Ryan Koontz from Needham, set a price target of $45.00, which represents a 14.01% increase from the stock price at the time of the forecast ($39.47), and a 22.05% increase from CALX last price ($36.87).
Calix Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 5 |
| Avg Price Target | - | - | $39.20 |
| Last Closing Price | $36.87 | $36.87 | $36.87 |
| Upside/Downside | -100.00% | -100.00% | 6.32% |
In the current month, the average price target of Calix stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Calix's last price of $36.87. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Oct 29, 2024 | Needham | Buy | Buy | Hold |
| Oct 03, 2024 | Rosenblatt Securities | Buy | Buy | Hold |
| Sep 10, 2024 | Needham | Buy | Buy | Hold |
| Aug 20, 2024 | Needham | Buy | Buy | Hold |
| Jul 24, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Jul 22, 2024 | Needham | Buy | Buy | Hold |
| May 20, 2024 | Roth Capital | Buy | Buy | Hold |
| Apr 25, 2024 | Jefferies | Buy | Hold | Downgrade |
| Apr 24, 2024 | Roth Capital | Buy | Buy | Hold |
| Apr 24, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Jan 31, 2024 | Needham | Buy | Buy | Hold |
| Apr 24, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 24, 2023 | Raymond James | Outperform | Outperform | Hold |
| Feb 06, 2023 | Raymond James | Buy | Buy | Hold |
| Oct 26, 2022 | Credit Suisse | Buy | Buy | Hold |
| Oct 25, 2022 | Needham | Buy | Buy | Hold |
| Jul 26, 2022 | Needham | Buy | Buy | Hold |
| Jun 22, 2022 | Jefferies | Buy | Buy | Hold |
| Apr 27, 2022 | Cowen & Co. | Outperform | Outperform | Hold |
| Apr 27, 2022 | Needham | Buy | Buy | Hold |
| Feb 23, 2022 | Loop Capital Markets | Buy | Initialise |
Calix's last stock rating was published by Craig-Hallum on Oct 30, 2024. The company gave CALX a "Buy" rating, the same as its previous rate.
Calix Financial Forecast
Calix Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $263.83M | $261.02M | $250.01M | $244.50M | $236.33M | $202.04M | $184.95M | $176.42M | $172.23M | $168.67M | $162.07M | $170.03M | $150.51M | $119.02M | $101.68M | $120.19M | $114.48M |
| Avg Forecast | $252.87M | $245.30M | $236.93M | $228.37M | $224.39M | $216.34M | $209.73M | $205.52M | $203.91M | $201.06M | $200.77M | $228.14M | $264.41M | $263.23M | $257.46M | $245.62M | $241.20M | $215.23M | $196.02M | $177.65M | $173.92M | $167.59M | $161.30M | $150.40M | $159.57M | $129.41M | $112.61M | $99.59M | $119.17M | $111.99M |
| High Forecast | $253.90M | $246.30M | $237.90M | $229.30M | $225.30M | $217.22M | $210.59M | $206.51M | $204.27M | $201.88M | $200.77M | $228.14M | $264.82M | $264.69M | $258.50M | $246.62M | $241.97M | $215.23M | $196.02M | $177.65M | $173.92M | $167.59M | $161.30M | $150.40M | $159.57M | $129.41M | $112.61M | $99.59M | $119.17M | $111.99M |
| Low Forecast | $251.90M | $244.36M | $236.03M | $227.50M | $223.53M | $215.52M | $208.93M | $204.46M | $203.17M | $200.29M | $200.77M | $228.14M | $263.62M | $262.10M | $256.47M | $244.68M | $240.27M | $215.23M | $196.02M | $177.65M | $173.92M | $167.59M | $161.30M | $150.40M | $159.57M | $129.41M | $112.61M | $99.59M | $119.17M | $111.99M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.02% | 1.01% | 1.10% | 1.03% | 1.04% | 1.01% | 1.03% | 1.05% | 1.08% | 1.07% | 1.16% | 1.06% | 1.02% | 1.01% | 1.02% |
Calix's average Quarter revenue forecast for Dec 23 based on 4 analysts is $264.41M, with a low forecast of $263.62M, and a high forecast of $264.82M. CALX's average Quarter revenue forecast represents a 0.22% increase compared to the company's last Quarter revenue of $263.83M (Sep 23).
Calix EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.20M | $16.00M | $13.66M | $16.53M | $23.17M | $13.43M | $13.80M | $17.52M | $21.14M | $24.44M | $24.97M | $28.00M | $23.64M | $15.00K | $-2.78M | $3.27M | $-277.00K |
| Avg Forecast | $17.35M | $16.83M | $16.26M | $15.67M | $15.40M | $14.85M | $14.39M | $14.10M | $13.99M | $13.80M | $13.78M | $-6.04M | $18.14M | $18.06M | $17.67M | $-5.49M | $17.66M | $15.30M | $13.93M | $-4.99M | $16.06M | $11.91M | $11.46M | $10.69M | $11.34M | $9.20M | $8.00M | $-4.54M | $8.47M | $7.96M |
| High Forecast | $17.42M | $16.90M | $16.32M | $15.73M | $15.46M | $14.91M | $14.45M | $14.17M | $14.02M | $13.85M | $13.78M | $-4.83M | $18.17M | $18.16M | $17.74M | $-4.39M | $21.19M | $15.30M | $13.93M | $-3.99M | $19.27M | $11.91M | $11.46M | $10.69M | $11.34M | $9.20M | $8.00M | $-3.63M | $8.47M | $7.96M |
| Low Forecast | $17.29M | $16.77M | $16.20M | $15.61M | $15.34M | $14.79M | $14.34M | $14.03M | $13.94M | $13.74M | $13.78M | $-7.25M | $18.09M | $17.99M | $17.60M | $-6.59M | $14.13M | $15.30M | $13.93M | $-5.99M | $12.84M | $11.91M | $11.46M | $10.69M | $11.34M | $9.20M | $8.00M | $-5.44M | $8.47M | $7.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 0.91% | -2.49% | 0.94% | 1.51% | 0.96% | -2.76% | 1.09% | 1.77% | 2.13% | 2.34% | 2.47% | 2.57% | 0.00% | 0.61% | 0.39% | -0.03% |
4 analysts predict CALX's average Quarter EBITDA for Dec 23 to be $18.14M, with a high of $18.17M and a low of $18.09M. This is -10.16% lower than Calix's previous annual EBITDA (Sep 23) of $20.20M.
Calix Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.95M | $9.37M | $9.60M | $11.93M | $13.44M | $7.52M | $8.12M | $19.88M | $177.42M | $20.46M | $20.61M | $24.10M | $20.54M | $-4.21M | $-6.94M | $497.00K | $-3.38M |
| Avg Forecast | $21.72M | $21.36M | $19.16M | $16.52M | $15.10M | $13.12M | $9.91M | $7.17M | $4.81M | $5.95M | $4.25M | $-12.48M | $23.92M | $23.54M | $20.92M | $-11.34M | $20.05M | $14.81M | $12.48M | $-10.31M | $18.22M | $18.67M | $17.83M | $12.61M | $21.81M | $12.08M | $3.61M | $-9.37M | $5.25M | $2.63M |
| High Forecast | $21.83M | $21.48M | $19.26M | $16.61M | $15.18M | $13.19M | $9.96M | $8.48M | $4.84M | $5.98M | $4.26M | $-9.98M | $25.21M | $24.19M | $21.04M | $-9.07M | $24.06M | $14.81M | $12.48M | $-8.25M | $21.87M | $18.67M | $17.83M | $12.61M | $21.81M | $12.08M | $3.61M | $-7.50M | $5.25M | $2.63M |
| Low Forecast | $21.61M | $21.26M | $19.07M | $16.44M | $15.03M | $13.06M | $9.86M | $5.22M | $4.21M | $5.92M | $4.24M | $-14.97M | $22.62M | $22.23M | $20.82M | $-13.61M | $16.04M | $14.81M | $12.48M | $-12.37M | $14.58M | $18.67M | $17.83M | $12.61M | $21.81M | $12.08M | $3.61M | $-11.25M | $5.25M | $2.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | 0.45% | -0.85% | 0.59% | 0.91% | 0.60% | -0.79% | 1.09% | 9.50% | 1.15% | 1.63% | 1.11% | 1.70% | -1.17% | 0.74% | 0.09% | -1.29% |
Calix's average Quarter net income forecast for Dec 23 is $23.92M, with a range of $22.62M to $25.21M. CALX's average Quarter net income forecast represents a 41.08% increase compared to the company's last Quarter net income of $16.95M (Sep 23).
Calix SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $77.66M | $79.32M | $74.94M | $73.28M | $65.37M | $60.05M | $52.12M | $51.46M | $45.77M | $43.37M | $41.08M | $40.95M | $33.85M | $32.54M | $31.29M | $32.95M | $29.69M |
| Avg Forecast | $70.68M | $68.56M | $66.23M | $63.83M | $62.72M | $60.47M | $58.62M | $57.44M | $57.00M | $56.20M | $56.12M | $56.23M | $73.90M | $73.58M | $71.96M | $51.12M | $51.89M | $59.89M | $54.54M | $46.47M | $47.17M | $46.63M | $44.88M | $41.85M | $44.40M | $36.01M | $31.34M | $42.25M | $33.16M | $31.16M |
| High Forecast | $70.97M | $68.84M | $66.50M | $64.09M | $62.97M | $60.72M | $58.86M | $57.72M | $57.10M | $56.43M | $56.12M | $67.47M | $74.02M | $73.98M | $72.26M | $61.34M | $62.27M | $59.89M | $54.54M | $55.76M | $56.61M | $46.63M | $44.88M | $41.85M | $44.40M | $36.01M | $31.34M | $50.69M | $33.16M | $31.16M |
| Low Forecast | $70.41M | $68.30M | $65.97M | $63.59M | $62.48M | $60.24M | $58.40M | $57.15M | $56.79M | $55.98M | $56.12M | $44.98M | $73.68M | $73.26M | $71.69M | $40.89M | $41.51M | $59.89M | $54.54M | $37.18M | $37.74M | $46.63M | $44.88M | $41.85M | $44.40M | $36.01M | $31.34M | $33.80M | $33.16M | $31.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.10% | 1.47% | 1.41% | 1.09% | 1.10% | 1.12% | 1.09% | 0.98% | 0.97% | 0.98% | 0.92% | 0.94% | 1.04% | 0.74% | 0.99% | 0.95% |
Calix's average Quarter SG&A projection for Dec 23 is $73.90M, based on 4 Wall Street analysts, with a range of $73.68M to $74.02M. The forecast indicates a -4.83% fall compared to CALX last annual SG&A of $77.66M (Sep 23).
Calix EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.26 | $0.14 | $0.15 | $0.18 | $0.21 | $0.12 | $0.13 | $0.31 | $2.79 | $0.32 | $0.33 | $0.39 | $0.34 | $-0.07 | $-0.12 | $0.01 | $-0.06 |
| Avg Forecast | $0.33 | $0.32 | $0.29 | $0.25 | $0.23 | $0.20 | $0.15 | $0.11 | $0.07 | $0.09 | $0.06 | $0.20 | $0.36 | $0.36 | $0.32 | $0.28 | $0.26 | $0.23 | $0.19 | $0.20 | $0.24 | $0.28 | $0.27 | $0.19 | $0.33 | $0.18 | $0.06 | $-0.07 | $0.08 | $0.04 |
| High Forecast | $0.33 | $0.33 | $0.29 | $0.25 | $0.23 | $0.20 | $0.15 | $0.13 | $0.07 | $0.09 | $0.06 | $0.20 | $0.38 | $0.37 | $0.32 | $0.28 | $0.27 | $0.23 | $0.19 | $0.20 | $0.24 | $0.28 | $0.27 | $0.19 | $0.33 | $0.18 | $0.06 | $-0.07 | $0.08 | $0.04 |
| Low Forecast | $0.33 | $0.32 | $0.29 | $0.25 | $0.23 | $0.20 | $0.15 | $0.08 | $0.06 | $0.09 | $0.06 | $0.20 | $0.34 | $0.34 | $0.32 | $0.28 | $0.26 | $0.23 | $0.19 | $0.20 | $0.24 | $0.28 | $0.27 | $0.19 | $0.33 | $0.18 | $0.06 | $-0.07 | $0.08 | $0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 0.44% | 0.54% | 0.68% | 0.93% | 0.63% | 0.66% | 1.31% | 9.81% | 1.18% | 1.72% | 1.17% | 1.85% | -1.27% | 1.78% | 0.13% | -1.50% |
According to 4 Wall Street analysts, Calix's projected average Quarter EPS for Dec 23 is $0.36, with a low estimate of $0.34 and a high estimate of $0.38. This represents a 39.22% increase compared to CALX previous annual EPS of $0.26 (Sep 23).
Calix Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ETWO | E2open Parent | $2.73 | $4.40 | 61.17% | Hold |
| MANH | Manhattan Associates | $222.84 | $304.20 | 36.51% | Buy |
| AGYS | Agilysys | $92.44 | $125.33 | 35.58% | Buy |
| ALKT | Alkami | $36.26 | $45.67 | 25.95% | Buy |
| CALX | Calix | $36.87 | $45.00 | 22.05% | Buy |
| BSY | Bentley Systems | $45.58 | $55.50 | 21.76% | Buy |
| BLKB | Blackbaud | $76.77 | $87.50 | 13.98% | Buy |
| CVLT | Commvault Systems | $146.82 | $166.00 | 13.06% | Hold |
| BRZE | Braze | $45.96 | $50.50 | 9.88% | Buy |
| DT | Dynatrace | $57.35 | $62.40 | 8.81% | Buy |
| CXM | Sprinklr | $9.12 | $9.75 | 6.91% | Buy |
| CWAN | Clearwater Analytics | $28.68 | $30.33 | 5.75% | Buy |
| AZPN | Aspen | $263.79 | $274.00 | 3.87% | Buy |
| PAYC | Paycom Software | $206.47 | $196.00 | -5.07% | Buy |
| INTA | Intapp | $71.65 | $66.00 | -7.89% | Buy |
| VERX | Vertex | $58.08 | $53.33 | -8.18% | Hold |
| PYCR | Paycor HCM | $22.16 | $19.38 | -12.55% | Hold |
| EXFY | Expensify | $3.54 | $2.50 | -29.38% | Buy |