CALX Share Price | Calix, Inc. Stock Analysis & Recommendation

Q: How big is Calix, Inc.?

As of Jun 18, Calix, Inc. has a market capitalization of 3,034.88 million, classifying it as a Small Cap company.As of Jun 18, the sum of net sales for the latest four quarters is 825.44 million, while the sum of net profit for the same period is -34.64 million.As of Dec 24, the reporting period shows shareholder's funds of 780.94 million and total assets of 939.27 million.

Q: What does Calix, Inc. do?

Overview: Calix, Inc. is a global provider of cloud and software platforms, systems, and services in the Telecom - Equipment & Accessories industry, focusing on enabling communication service providers to deliver advanced network services.Financial Snapshot: Most recent Net Sales: 220 Million (Quarterly Results - Mar 2025) Most recent Net Profit: -5 Million (Quarterly Results - Mar 2025) Market cap: USD 3,034.88 Million (Small Cap) Key Metrics: P/E: NA (Loss Making) Industry P/E: NA Dividend Yield: 0.00% Debt Equity: -0.36 Return on Equity: -4.51% Price to Book: 3.96 Contact Details: Address: 2777 Orchard Pkwy, SAN JOSE CA: 95134-2008 Tel: ['1 408 5143000', '1 408 4740080'] Fax: 1 707 2833100 Website: https://www.calix.com/

Q: Is Calix, Inc. overvalued or undervalued?

As of 28 October 2024, the valuation grade for Calix, Inc. has moved from expensive to risky, indicating a shift in perception regarding its financial health. The company is currently assessed as overvalued, particularly given its negative profitability metrics and high valuation ratios. Key ratios include a Price to Book Value of 4.06, an EV to Sales ratio of 3.44, and an EV to Capital Employed of 5.81, all of which suggest that the stock may not be justified at its current price level.In comparison to its peers, Calix, Inc. shows significant underperformance, with a P/E ratio of -148.45, while InterDigital, Inc. is rated attractive with a P/E of 43.22. Other risky peers like ViaSat, Inc. have a P/E of -14.05, highlighting the challenges faced by Calix in the telecom equipment sector. Despite recent stock performance, where Calix outperformed the S&P 500 with a year-to-date return of 83.65% compared to 12.22%, the underlying financial metrics suggest caution for potential investors.

Q: Is Calix, Inc. technically bullish or bearish?

As of 24 October 2025, the technical trend for Calix, Inc. has changed from mildly bullish to bullish. The daily moving averages indicate a bullish stance, while the monthly MACD and KST are also bullish, supporting the overall positive trend. However, the weekly MACD and KST are mildly bearish, suggesting some short-term caution. The Bollinger Bands are bullish on the weekly timeframe and mildly bullish on the monthly. The Dow Theory shows a mildly bullish signal in both weekly and monthly perspectives.In terms of performance, Calix has outperformed the S&P 500 significantly year-to-date with a return of 75.77% compared to the S&P 500's 15.47%, and over the past year, it has returned 61.72% versus the S&P 500's 16.90%. Overall, the current technical stance is bullish, with a strong long-term performance but some mixed signals in the short term.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.73 M

Shareholding (Sep 2025)

FII

16.94%

Held by 128 FIIs

DII

32.51%

Held by 59 DIIs

Promoter

0.00%

How big is Calix, Inc.?

22-Jun-2025

As of Jun 18, Calix, Inc. has a market capitalization of $3.03 billion, with net sales of $825.44 million and a net profit of -$34.64 million over the last four quarters.

View full answer

What does Calix, Inc. do?

22-Jun-2025

Calix, Inc. is a global provider of cloud and software platforms for communication service providers in the Telecom industry. As of March 2025, it reported net sales of $220 million and a net loss of $5 million, with a market cap of approximately $3.03 billion.

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Who are in the management team of Calix, Inc.?

22-Jun-2025

As of March 2022, the management team of Calix, Inc. includes Mr. Donald Listwin (Independent Chairman), Mr. Carl Russo (President and CEO), and several Independent Directors: Mr. Christopher Bowick, Ms. Kathy Crusco, Mr. Kevin DeNuccio, Mr. Michael Everett, and Ms. Kira Makagon. They oversee the company's strategic direction and operations.

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Is Calix, Inc. overvalued or undervalued?

20-Sep-2025

As of October 28, 2024, Calix, Inc. is considered risky and overvalued due to negative profitability metrics and high valuation ratios, despite a strong year-to-date stock performance of 83.65%.

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Is Calix, Inc. technically bullish or bearish?

28-Oct-2025

As of October 24, 2025, Calix, Inc. shows a bullish technical trend with strong long-term performance, having outperformed the S&P 500 significantly year-to-date and over the past year, though short-term indicators suggest some caution.

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Score

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Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

With a growth in Net Sales of 22.08%, the company declared Outstanding results in Jun 25

The company has declared positive results in Jan 70 after 6 consecutive negative quarters
OPERATING CASH FLOW(Y) Highest at USD 87.95 MM
NET SALES(Q) Highest at USD 241.88 MM
RAW MATERIAL COST(Y) Fallen by -3.83% (YoY)

Market Beating Performance

Mojo Parameters

Stock DNA

Industry

Telecom - Equipment & Accessories

Market cap

USD 3,744 Million (Small Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.41

Return on Equity

-0.88%

Price to Book

4.55

Revenue and Profits:

Net Sales:

242 Million

(Quarterly Results - Jun 2025)

Net Profit:

0 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

60.95%

6 Months

36.09%

1 Year

31.92%

2 Years

-8.22%

3 Years

32.62%

4 Years

3.07%

5 Years

238.24%

Calix, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

13.80%

EBIT Growth (5y)

-268.29%

EBIT to Interest (avg)

26.83

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.36

Sales to Capital Employed (avg)

1.22

Tax Ratio

1.33%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

14.29%

ROE (avg)

13.67%

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

4.06

EV to EBIT

-60.26

EV to EBITDA

-101.95

EV to Capital Employed

5.81

EV to Sales

3.44

PEG Ratio

Dividend Yield

ROCE (Latest)

-9.64%

ROE (Latest)

-4.51%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Bearish

Bullish

Dow Theory

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 87 Schemes (50.47%)

Foreign Institutions

Held by 128 Foreign Institutions (16.94%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
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        "prefix": "Consolidated Net Profit ",
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    "table": {
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        "Jun'24",
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          "val2": "198.10",
          "chgp": "22.11%",
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4.70",
          "val2": "-6.20",
          "chgp": "175.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Consolidate Net Profit",
          "val1": "-0.20",
          "val2": "-8.00",
          "chgp": "97.50%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.60%",
          "val2": "-57.30%",
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          "chgp_class": "positive"
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  {
    "link": "annual",
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      {
        "prefix": "Net Sales ",
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        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -201.37% vs -28.54% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "831.50",
          "val2": "1,039.60",
          "chgp": "-20.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-23.50",
          "val2": "48.70",
          "chgp": "-148.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-29.70",
          "val2": "29.30",
          "chgp": "-201.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-51.80%",
          "val2": "24.60%",
          "chgp": "-7.64%",
          "chgp_class": "negative"
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]

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Jun'25

Jun'24

Change(%)

Net Sales

241.90

198.10

22.11%

Operating Profit (PBDIT) excl Other Income

4.70

-6.20

175.81%

Interest

0.00

Exceptional Items

0.00

Consolidate Net Profit

-0.20

-8.00

97.50%

Operating Profit Margin (Excl OI)

1.60%

-57.30%

5.89%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Jun 2025 is 22.11% vs -24.10% in Jun 2024

Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is 97.50% vs -185.11% in Jun 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

831.50

1,039.60

-20.02%

Operating Profit (PBDIT) excl Other Income

-23.50

48.70

-148.25%

Interest

0.00

Exceptional Items

0.00

Consolidate Net Profit

-29.70

29.30

-201.37%

Operating Profit Margin (Excl OI)

-51.80%

24.60%

-7.64%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is -20.02% vs 19.80% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -201.37% vs -28.54% in Dec 2023

All Annual Results

Company CV

About Calix, Inc.

Calix, Inc.

Telecom - Equipment & Accessories

Calix, Inc. is a global provider of cloud and software platforms, systems and services, which is required to deliver the unified access network and smart home and business services. The Company’s platforms and services help its customers to build next generation networks by developing a DevOps operating model. The Company's cloud and software platforms, systems and services enable communication service providers (CSPs) to provide a wide range of revenue-generating services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks. The Company focuses on CSP access networks, the portion of the network that governs available bandwidth and determines the range and quality of services that can be offered to subscribers. The Company’s platform includes Calix Cloud, Experience eXtensible Operating System (EXOS) and Access eXtensible Operating System (AXOS).

Company Coordinates

Company Details

2777 Orchard Pkwy , SAN JOSE CA : 95134-2008

Tel: 1 408 51430001 408 4740080

https://www.calix.com/

Registrar Details

Calix, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Calix, Inc.?

Watch in Real-Time

What does Calix, Inc. do?

Who are in the management team of Calix, Inc.?

Is Calix, Inc. overvalued or undervalued?

Is Calix, Inc. technically bullish or bearish?

Compare Calix, Inc. with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

With a growth in Net Sales of 22.08%, the company declared Outstanding results in Jun 25

Market Beating Performance

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Annual Results Snapshot (Consolidated) - Dec'24

About Calix, Inc.

Company Coordinates