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Calix Inc (NYSE:CALX) shares soared to a 52-week high of $47.73, reflecting a robust performance that has caught the attention of investors. According to InvestingPro data, the stock appears slightly overvalued at current levels, with six analysts recently revising their earnings estimates upward. The company, known for its cloud and software platforms, has seen its stock price surge over the past year, with a significant 1-year change of 33.29%. While currently unprofitable, analysts expect Calix to turn profitable this year, with a projected EPS of $0.92. This impressive growth trajectory underscores the market’s confidence in Calix’s strategic direction and its ability to capitalize on the increasing demand for advanced network technology. The company maintains a strong financial position with a healthy current ratio of 4.58 and more cash than debt on its balance sheet. Investors are closely monitoring the stock as it maintains its upward momentum in a competitive industry landscape.Get access to 13 additional InvestingPro Tips and comprehensive analysis in our Pro Research Report, helping you make more informed investment decisions.
In other recent news, Calix Inc. reported strong financial results for Q1 2025, surpassing both earnings per share (EPS) and revenue forecasts. The company achieved an EPS of $0.19, exceeding the expected $0.13, and reported revenue of $220.24 million, beating the anticipated $207.3 million. Calix also reached a record non-GAAP gross margin of 56.2% and added 16 new Broadband Service Provider customers during the quarter. In a strategic move, Calix partnered with Ozmo to enhance broadband support, aiming to improve customer service experiences for internet subscribers. This collaboration integrates Calix’s Broadband Platform with Ozmo’s support technology to reduce resolution times and increase customer satisfaction.
Looking ahead, Calix projects Q2 2025 revenue between $221 million and $227 million, with expectations of continued growth in both residential and business segments. The company remains confident in its growth projections, independent of potential BEAD funding. Analysts from firms like Needham and Company have shown interest in the company’s strategic direction, particularly in light of industry disruptions such as the DZS bankruptcy. Calix’s strong financial position is further supported by $282 million in cash and investments and a commitment to innovation and customer acquisition.
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