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Calix Inc (NYSE:CALX) stock has reached a new 52-week high, touching $57.98, marking a significant milestone for the $3.78 billion market cap company. According to InvestingPro data, analysts maintain a bullish outlook, with six analysts recently revising their earnings estimates upward. Over the past year, Calix has experienced a remarkable 54.64% increase in its stock price, with an even more impressive 62.55% gain year-to-date, reflecting strong investor confidence and positive market sentiment. This surge to a 52-week high underscores the company’s robust performance and growth prospects in the telecommunications industry. As Calix continues to innovate and expand its offerings, market observers will be keen to see if the stock can maintain its upward trajectory. For deeper insights into Calix’s valuation and growth potential, including 12 additional ProTips and comprehensive analysis, visit InvestingPro.
In other recent news, Calix reported impressive financial results for the second quarter of 2025, significantly outperforming analyst expectations. The company’s earnings per share (EPS) came in at $0.33, surpassing the forecasted $0.21, which represents a 57.14% surprise. Revenue for the quarter reached $241.9 million, exceeding the anticipated $223.77 million. Needham has responded by raising its price target for Calix from $60 to $70, while maintaining a Buy rating on the stock. The research firm pointed to Calix’s second-quarter results and third-quarter guidance, both of which exceeded consensus expectations. Additionally, Calix’s remaining performance obligations grew by 30% year-over-year, highlighting continued strength. These developments reflect positive momentum for the company as it moves forward.
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