Calix, Inc. (CALX)
NYSE: CALX · IEX Real-Time Price · USD
31.33
-0.05 (-0.16%)
May 20, 2024, 4:00 PM EDT - Market closed
Calix Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Calix stock have an average target of 41.86, with a low estimate of 30 and a high estimate of 57. The average target predicts an increase of 33.61% from the current stock price of 31.33.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Calix stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 5 | 5 |
| Buy | 2 | 1 | 1 | 1 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 5 | 5 | 5 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +43.63% | May 20, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $48 → $30 | Strong Buy → Hold | Downgrades | $48 → $30 | -4.25% | Apr 25, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $48 → $41 | Strong Buy | Maintains | $48 → $41 | +30.86% | Apr 24, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $50 → $43 | Strong Buy | Maintains | $50 → $43 | +37.25% | Apr 24, 2024 |
| Needham | Needham | Strong Buy Maintains $50 → $45 | Strong Buy | Maintains | $50 → $45 | +43.63% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
970.54M
from 1.04B
Decreased by -6.64%
Revenue Next Year
1.10B
from 970.54M
Increased by 13.55%
EPS This Year
1.09
from 0.42
Increased by 160.20%
EPS Next Year
1.76
from 1.09
Increased by 61.47%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.0B | 1.2B |
| Avg | 970.5M | 1.1B |
| Low | 926.1M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -3.0% | 18.9% |
| Avg | -6.6% | 13.5% |
| Low | -10.9% | 7.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.21 | 2.01 |
| Avg | 1.09 | 1.76 |
| Low | 0.96 | 1.46 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 187.5% | 83.5% |
| Avg | 160.2% | 61.5% |
| Low | 128.7% | 33.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.