Street Calls of the Week
Calix Inc (NYSE:CALX) reached a significant milestone as its stock hit a 52-week high of 63.72 USD. The company’s impressive 78.5% surge over the past six months and 69.3% gain over the last year underscore its robust performance. According to InvestingPro data, six analysts have recently revised their earnings expectations upward, with price targets ranging from $60 to $70. The surge in stock price underscores Calix’s strategic initiatives and market positioning, with a strong gross profit margin of 55.5% and healthy liquidity shown by a current ratio of 4.55. As the company continues to innovate and expand its offerings, market analysts will be closely watching to see if this momentum can be sustained. InvestingPro subscribers can access 12 additional key insights about Calix’s financial health and growth prospects in the comprehensive Pro Research Report.
In other recent news, Calix Inc. reported strong financial results for the second quarter of 2025, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.33, which was significantly higher than the forecasted $0.21. Revenue also exceeded projections, reaching $241.9 million compared to the anticipated $223.77 million. Needham raised its price target for Calix to $70 from $60, maintaining a Buy rating, citing the impressive second-quarter results and strong third-quarter guidance. Additionally, Roth/MKM reiterated a Buy rating with a $69 price target, highlighting the upcoming commercialization of Calix’s third-generation platform with Agentic AI in the latter half of 2025. In executive news, Calix appointed Amritesh Chaudhuri as the new chief marketing officer, succeeding J. Matthew Collins. Chaudhuri, with over 20 years of leadership experience, will oversee the company’s go-to-market strategy. These developments reflect Calix’s ongoing strategic initiatives and strong market performance.
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