Calix stock reaches 52-week high at $57.92

Published 04/08/2025, 17:46
Calix stock reaches 52-week high at $57.92

Calix Inc (NYSE:CALX). stock has reached a significant milestone, achieving a 52-week high of $57.92. This notable surge reflects a robust upward trend for the company over the past year, with analysts setting price targets between $60 and $70. According to InvestingPro data, the company maintains a FAIR financial health score and commands a market capitalization of $3.78 billion. With a remarkable 1-year change of 60.03%, Calix has demonstrated strong performance in the market, indicating investor confidence and potential growth prospects. This achievement highlights the company’s resilience and strategic positioning in its industry, as it continues to capture market share and deliver value to its shareholders. InvestingPro analysis reveals 12 additional key insights about Calix’s performance and future outlook, available in the comprehensive Pro Research Report.

In other recent news, Calix Inc. reported strong financial results for the second quarter of 2025, significantly surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.33, compared to the forecasted $0.21, representing a 57.14% surprise. Revenue for the quarter reached $241.9 million, exceeding the anticipated $223.77 million. Additionally, Calix provided third-quarter 2025 guidance that also surpassed consensus expectations. Needham, a research firm, responded to these developments by raising its price target for Calix from $60 to $70, while maintaining a Buy rating. Needham emphasized the company’s second-quarter remaining performance obligations (RPO), which grew 30% year-over-year. These recent developments highlight Calix’s strong financial performance and positive outlook.

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