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Technology - Software - Application - NYSE - US
$ 47.5
0.785 %
$ 3.08 B
Market Cap
-91.35
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CALX stock under the worst case scenario is HIDDEN Compared to the current market price of 47.5 USD, Calix, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CALX stock under the base case scenario is HIDDEN Compared to the current market price of 47.5 USD, Calix, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CALX stock under the best case scenario is HIDDEN Compared to the current market price of 47.5 USD, Calix, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CALX

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$50.0$50.0$48.0$48.0$46.0$46.0$44.0$44.0$42.0$42.0$40.0$40.0$38.0$38.0$36.0$36.0$34.0$34.0$32.0$32.0$30.0$30.0$28.0$28.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
832 M REVENUE
-20.02%
-43 M OPERATING INCOME
-168.20%
-29.7 M NET INCOME
-101.44%
68.4 M OPERATING CASH FLOW
21.60%
-110 M INVESTING CASH FLOW
-1653.88%
20.9 M FINANCING CASH FLOW
131.70%
220 M REVENUE
6.85%
-6.08 M OPERATING INCOME
67.57%
-4.79 M NET INCOME
73.29%
17.2 M OPERATING CASH FLOW
12.04%
11 M INVESTING CASH FLOW
132.70%
-29.1 M FINANCING CASH FLOW
-3550.25%
Balance Sheet Calix, Inc.
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Current Assets 585 M
Cash & Short-Term Investments 297 M
Receivables 79.3 M
Other Current Assets 208 M
Non-Current Assets 355 M
Long-Term Investments 0
PP&E 37.4 M
Other Non-Current Assets 317 M
31.63 %8.44 %22.18 %3.98 %33.77 %Total Assets$939.3m
Current Liabilities 131 M
Accounts Payable 20.2 M
Short-Term Debt 0
Other Current Liabilities 111 M
Non-Current Liabilities 27.2 M
Long-Term Debt 3.72 M
Other Non-Current Liabilities 23.5 M
12.77 %70.06 %14.82 %Total Liabilities$158.3m
EFFICIENCY
Earnings Waterfall Calix, Inc.
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Revenue 832 M
Cost Of Revenue 378 M
Gross Profit 454 M
Operating Expenses 497 M
Operating Income -43 M
Other Expenses -13.3 M
Net Income -29.7 M
900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00(100m)(100m)832m(378m)454m(497m)(43m)13m(30m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
54.55% GROSS MARGIN
54.55%
-5.18% OPERATING MARGIN
-5.18%
-3.58% NET MARGIN
-3.58%
-3.81% ROE
-3.81%
-3.17% ROA
-3.17%
-5.01% ROIC
-5.01%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Calix, Inc.
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60m60m40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -29.7 M
Depreciation & Amortization 19.6 M
Capital Expenditures -18.1 M
Stock-Based Compensation 70.8 M
Change in Working Capital 23.1 M
Others -44 M
Free Cash Flow 50.3 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Calix, Inc.
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Wall Street analysts predict an average 1-year price target for CALX of $46.7 , with forecasts ranging from a low of $45 to a high of $50 .
CALX Lowest Price Target Wall Street Target
45 USD -5.26%
CALX Average Price Target Wall Street Target
46.7 USD -1.75%
CALX Highest Price Target Wall Street Target
50 USD 5.26%
Price
Max Price Target
Min Price Target
Average Price Target
505045454040353530302525Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 15
6. Ownership
Insider Ownership Calix, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Buy 5 AI-Focused Mid-Cap Internet Software Stocks for a Solid Portfolio PATH, FIVN, FSLY, CALX and CFLT are five AI-focused mid-cap stocks that show rising earnings potential and momentum for 2025. zacks.com - 2 weeks ago
Fatbeam Accelerates Market Expansion With Calix Broadband Platform, Targeting 2X Annual Growth in Home and MDU Subscribers SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) announced today that fast-growing telecommunications provider Fatbeam—a leader in commercial and enterprise broadband—is embarking on a bold residential market expansion across southern Idaho. To fuel this transformation, Fatbeam has adopted the complete Calix Broadband Platform and integrated SmartLife™ managed services to deliver secure, personalized experiences to single-family homes and multi-dwelling units (MDUs). Kicking off in t. businesswire.com - 2 weeks ago
Home Telecom Extends Calix SmartTown to 12 Communities for Secure Wi-Fi at Festivals, Farmers Markets, and Sports Fields SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Today, Calix, Inc. (NYSE: CALX) announced that Home Telecom is standing out by accelerating their Calix SmartTown® rollout, extending secure, high-performance Wi-Fi to outdoor spaces across South Carolina's Tri-County Area—including Berkeley, Charleston, and Dorchester counties. Built on the Calix Broadband Platform, SmartTown delivers seamless connected experiences that follow subscribers as they leave home and roam around town to public spaces like festivals. businesswire.com - 2 weeks ago
New Calix Sales Acceleration Program Enables Broadband Experience Providers To Build Revenue Engines That Win Markets LONDON & SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Under the auspices of the award-winning Calix Success organization, Calix, Inc. (NYSE: CALX) launches a dedicated Sales Acceleration Program to support broadband service providers (BSPs) in building highly competitive sales engines. By doing so, they will accelerate their growth and transformations to broadband experience providers (BXPs). As many BSPs today lack a sales-forward mindset and culture, the Sales Acceleration Program provides the strategy. businesswire.com - 3 weeks ago
Calix Wi-Fi 7 Innovation Powers Managed Service Delivery Across Any Use Case—Giving Customers Greater Flexibility To Outpace Competitors SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Today, Calix, Inc. (NYSE: CALX) launched the GigaSpire® 7u6m mesh Wi-Fi 7 extender, expanding its industry-leading Unlimited Subscriber™ portfolio. The 7u6m joins top-performing Wi-Fi 7 and Wi-Fi 6/6E systems, giving broadband service providers (BSPs) greater flexibility to deliver advanced managed services that meet growing subscriber demands. Later this year, Calix will release four additional Wi-Fi 7 systems designed for residential, small business, commerc. businesswire.com - 1 month ago
Calix (CALX) Just Flashed Golden Cross Signal: Do You Buy? Calix, Inc (CALX) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CALX's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross. zacks.com - 1 month ago
NextLight Enables Rapid Business Innovation With Calix SmartBiz, Building on Achievement As Colorado's First Gig City SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) today announced that NextLight—a municipally-owned broadband service provider (BSP)—is leveraging Calix SmartBiz™ and the Calix Broadband Platform as their comprehensive small business service solution for Longmont, Colorado. NextLight, renowned for exceptional residential experiences—especially among gamers—is now helping support local economic growth with SmartBiz, a purpose-built managed service to enhance productivity, efficiency,. businesswire.com - 1 month ago
United Fiber Sees 25 Percent Sales Spike in Competitive Small Business Market With Calix SmartBiz SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) today announced that United Fiber achieved a 25 percent surge in sales and a 10 percent acquisition-related lift in average revenue per user (ARPU) within a single month by making the award-winning SmartBiz™ the centerpiece of their small business go-to-market strategy. SmartBiz enables broadband service providers (BSPs) like United Fiber to differentiate in competitive business markets by going beyond connectivity to become catalysts. businesswire.com - 1 month ago
Jade Communications Grows NPS 32 Points in 2 Years, Deploying Calix SmartLife To Outperform Competitors With Superior Subscriber Experiences SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Today, Calix, Inc. (NYSE: CALX) announced that Jade Communications is leading as a broadband experience provider (BXP) by prioritizing subscriber experiences over speeds and feeds. As a result, they have increased their already impressive Net Promoter Score℠ (NPS®) by 32 points in two years—to earn an overall score of 83. Jade differentiates using the Calix Broadband Platform and SmartLife™ managed services to deliver secure, personalized subscriber experience. businesswire.com - 1 month 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: Needham Technology, Media & Consumer 1x1 Conference (virtual) Date: May 9, 2025 Participants: Carl Russo, Chairman & Cory Sindelar, CFO     Event: JP Morgan Global Technology, Media and Communications Conference Date: May 13, 2025 Presentation Time: 4:30 p.m. ET Location: Boston, MA Participant: Carl Russo, Chairman & Cory Sindela. businesswire.com - 2 months ago
Calix: On The Sidelines After Recent Strength Calix reported a strong quarter with revenue growth of 7% YoY, driven by demand pull-forward and progress in its SaaS and subscription model transition. Despite a bullish stock run, the current valuation at ~53x forward EPS seems extended; a more attractive entry point would be around 22-24x 2026 P/E. Q2 revenue guidance appears soft due to macroeconomic challenges and demand pull-forward, but annualized growth remains promising. seekingalpha.com - 2 months ago
Q1 Reinforced My Bullish View On Calix's Platform Evolution Calix, Inc. has successfully transitioned from hardware to a cloud-focused platform, helping broadband providers enhance customer experiences and expand digital access in underserved areas. Strong Q1 2025 results, with EPS and revenue beating estimates, highlight solid execution and a shift towards high-margin, recurring-revenue solutions. The company's robust cash position, ongoing share buybacks, and potential growth from BEAD funding and new customer wins bolster long-term potential. seekingalpha.com - 2 months ago
8. Profile Summary

Calix, Inc. CALX

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COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 3.08 B
Dividend Yield 0.00%
Description Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company's cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services. It provides Calix Cloud platform, a role-based analytics platform comprising Calix Marketing Cloud, Calix Support Cloud, and Calix Operations Cloud, which are configurable to display role-based insights and enable BSPs to anticipate and target new revenue-generating services and applications through mobile application. The company also offers EXOS, a carrier class premises operating system and fully integrated with its GigaSpire family of systems to be ready for deployment as a complete subscriber experience solutions for BSP's residential and business subscribers; and AXOS, a software platform to access edge of the network by its architecture and operations. It offers its products through its direct sales force and resellers. Calix, Inc. was incorporated in 1999 and is headquartered in San Jose, California.
Contact 2777 Orchard Parkway, San Jose, CA, 95134 https://www.calix.com
IPO Date March 24, 2010
Employees 1820
Officers Mr. Cory J. Sindelar CPA Chief Financial Officer Mr. Shane Todd-Marshall Eleniak Chief Product Officer Ms. Parul Kapoor Chief Talent & Culture Officer Ms. Martha Galley Chief Sustainability Officer Mr. Jerry Cederlund Senior Vice President of Supply Chain Operations Mr. Douglas W. McNitt Executive Vice President, General Counsel & Corporate Secretary Mr. John Matthew Collins Chief Commercial Operating Officer Nancy Fazioli Vice President of Investor Relations Mr. Mark Dressler Chief Revenue Officer Mr. Michael Weening Chief Executive Officer, President & Director