Goldman Sachs expects Nvidia ’beat and raise,’ lifts price target to $240
Calix Inc (CALX) stock reached a 52-week high of $65.85, marking a significant milestone for the company. Over the past year, Calix has seen its stock price rise by an impressive 71.67%, with an even stronger year-to-date return of 78.46%. This performance reflects robust investor confidence, with analysts setting price targets between $60 and $70 for the stock. This surge highlights the company’s growth and resilience in the competitive technology sector. The achievement of a 52-week high underscores Calix’s successful strategies and market position, as it continues to capitalize on opportunities in the rapidly evolving communications industry. With a market capitalization of $4.06 billion and a strong current ratio of 4.55, Calix demonstrates financial stability. InvestingPro analysis indicates the stock may be trading above its Fair Value, though it holds more cash than debt on its balance sheet. Discover 10+ additional ProTips and comprehensive analysis in Calix’s Pro Research Report, part of the 1,400+ US equities covered with in-depth intelligence on InvestingPro.
In other recent news, Calix reported strong third-quarter 2025 financial results, surpassing analyst expectations. The company announced adjusted earnings per share of $0.44, which exceeded the consensus estimate of $0.34. Revenue also reached a record $265.4 million, surpassing the expected $246.21 million, marking a 32% year-over-year increase and a 10% growth from the previous quarter. Calix achieved record gross margins and the best operating margin in four years, further highlighting its financial strength. Following these results, Needham reiterated its Buy rating on the stock and maintained a price target of $70.00. Additionally, Calix provided an optimistic forecast for the upcoming quarter, further boosting investor confidence. These developments reflect the company’s continued positive momentum in financial performance.
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