Calix stock
CALXNYSECalix, Inc., TechnologyISIN US13100M5094
48Score 48 out of 100, Weak
Price and trend
30 / 100
Price history
−48% in one yearThe chart shows daily closes over 17 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 21% below it.
Since February 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 36).
The price is 48% below its 52-week high. Largest decline in 17 years: 81% (May 2011 to August 2012).
Chart figures for advanced users
- SMA 50$35.17
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$41.50
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)36
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$30.60
- The lowest closing price of the last twelve months.
- Resistance$63.28
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Calix, Inc. belongs to the Communication Equipment industry (United States) and, with a market value of $2.02B, is number 39 of 56 companies in its industry on MEQIRI.
- For fiscal 2026, analysts expect on average revenue of $1.19B (up 18.9%) and adjusted earnings per share of $1.77 (up 31%).
- MEQIRI Score 48 out of 100 (Weak): rank 650 of 863 in Technology, median 61.
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- The P/E is 46 (Communication Equipment median 32.5, own median of recent years 99.3).
- Our model puts fair value at $25.74, with the price 27% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- More cash than debtCash $154.76M, financial debt $14.21M.Stability 87
- Analysts expect strong earnings growthUp 22.7% a year through 2027 (estimates from 3 analysts).Growth 63
- Earnings turn into cashFree cash flow 136% of earnings over the last 12 months.Fundamentals 56
Weaknesses
- Margin fallingOperating margin 2.1%, average of the prior years 6.1% (to 2024).Profitability 48
- Share price fell sharplyDown 48% over the last 12 months.Momentum 18
- Earnings per share fallingDown 13.9% a year since 2020.Growth 63
Its standout strength is stability, while technical analysis and momentum hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- price far below its 52-week high
- weak momentum
What lowers it
- price not overheated over the past year
Valuation
Valuation signal
Modestly overvaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $18.38 and expensive above $42.90 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $28.38 (cash-flow model) and $23.09 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 9%. At 10% the fair value would be $23.34, at 8% it would be $29.29.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (32.5).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 26 Sep 2026, revenue rose 22.9% on the twelve months before. Revenue has grown solidly since 2007, at about 10% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 57%, operating 2%, net 2%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 27 Jan 2027in 75 days
- Last reported
- 2 Nov 2026EPS reported $0.44 (expected $0.42)above expectations
Analyst estimates
Analysts have raised their 2027 earnings estimate by 8.4% since 15 Oct 2026.
- Earnings per share
- $1.77+2.8%
- Revenue
- $1.19B−0.2%
- Earnings per share
- $2.50+8.4%
- Revenue
- $1.39B+1.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −6.5%2026 revenue growth is now expected at the higher end of the 15% to 20% range, with third-quarter revenue of $301 million to $307 million.
“For 2026, we expect annual revenue to grow at the higher end of the 15%-20% growth range provided last quarter.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 21 Jul 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Calix
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
863 rated companies in Technology
- This company
- 48
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Communication Equipment
The next larger and next smaller companies by market value
- Ondas HoldingsONDS $3.34B40
- Digi InternationalDGII $2.54B63
- HMS NetworksHMS.ST $2.45B67
- TKH GroupTWEKA.AS $2.18B68
- BittiumBITTI.HE $1.36B63
- Arlo TechnologiesARLO $1.32B50
- Adtran NetworksADV.DE $1.2B40
- HarmonicHLIT $1.11B56
ETFs that hold Calix
Held by 15 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares Digital Security UCITS ETFIS4S | 0.37% | 0.40% | €1.9B |
| iShares Smart City Infrastructure UCITS ETFAYEU | 0.28% | 0.40% | €343.1M |
| iShares S&P SmallCap 600 UCITS ETFIUS3 | 0.11% | 0.30% | €2.28B |
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| L&G Russell 2000 US Small Cap Quality UCITS ETFETLZ | 0.11% | 0.30% | €185.82M |
| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.06% | 0.30% | €4.22B |
| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.06% | 0.30% | €2.17B |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.04% | 0.35% | €434.1M |
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.04% | 0.43% | €2.48B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 4 Nov 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.