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Model output · Signal date 2026-10-16

Calix, Inc (CALX) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE

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Rating · 90D Neutral Alpha
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Middle 30% of 5184 stocks scored
Rank correlation · 90D 15.0% Spearman, 357 dates
Market Cap $2.30B mid-cap · #6 of 18 peers
Summary

Calix, Inc (CALX) stock forecast summary

On Oct. 16, 2026, CALX is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.

Calix, Inc is a mid-cap company with a market capitalization of $2.30B. It ranks number 6 by market capitalization among the 18 Communications Services, NEC issuers in our coverage with a current forecast.

For CALX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 15.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 14.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

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Price

CALX price chart and AI forecast

CALX
Cross-section · 2026-10-16

How CALX ranks among 5184 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-27

Calix, Inc (CALX) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Communications Services, NEC peers listed below that report each metric.

Valuation & Market

MetricCALXIndustry medianRank
Market Cap $2.30B $319M 6/18
P/E Ratio 70.20x – –
P/B Ratio 3.24x 2.43x 5/13
EPS $0.52 – –
Book Value/Share $11.28 – –
Revenue/Share $17.65 – –
FCF/Share $1.36 – –

Profitability & Margins

MetricCALXIndustry medianRank
ROIC 8.2% 0.6% 4/13
Gross Margin 56.6% 44.2% 2/8
Operating Margin 5.5% 0.2% 5/14
EBT Margin 6.5% -4.2% 5/15
Tax Rate 29.4% – –

Financial Health

MetricCALXIndustry medianRank
Current Ratio 2.83x 1.61x 5/20
Quick Ratio 1.97x 1.52x 5/13
D/E Ratio 0.34x 1.87x 13/14
Financial Leverage 1.34x 3.09x 12/13
Working Capital $385M $28M 4/20

Cash Flow

MetricCALXIndustry medianRank
Operating Cash Flow $110M $3M 5/18
Free Cash Flow $85M -$23M 2/10
Capital Spending -$24M -$98M 3/10
OCF Growth YoY 24.5% 5.6% 3/8
FCF Growth YoY 19.4% – –
FCF/Sales 7.7% -7.4% 2/10
CapEx/Sales 2.2% 14.3% 9/10

Operational Efficiency

MetricCALXIndustry medianRank
Asset Turnover 1.16x 0.31x 2/13
Receivables Turnover 8.2x 8.2x 7/13
Inventory Turnover 2.7x 10.1x 6/6
Fixed Assets Turnover 29.6x 0.6x 3/13
Days Sales Outstanding 45 days 45 days 7/13
Days Inventory 137 days 37 days 1/6
Payables Period 70 days 65 days 5/10
Cash Conversion Cycle 111 days – –

Income Statement

MetricCALXIndustry medianRank
Total Revenue $1.11B $226M 3/14
Operating Income $61M -$2M 5/18
R&D Expense $208M $29M 1/11
SG&A Expense $520M $168M 3/12
Cost of Goods Sold $482M $56M 3/10

Dividend & Shareholder Information

MetricCALXIndustry medianRank
Shares Outstanding 63M – –

Balance Sheet Highlights (USD millions)

Total Current Assets$595M62.3% of assets
Cash & Short-term Investments$69M7.2% of assets
Accounts Receivable$136M14.3% of assets
Inventory$180M18.9% of assets
Total Liabilities$244M25.6% of assets
Short-term Debt$118M12.3% of assets
Quarterly Financial Reports

CALX quarterly financials and insider trading

Industry Peers · Communications Services, NEC

Calix, Inc (CALX) industry peers

Companies classified under the same SEC industry code as Calix, Inc (Communications Services, NEC): 21 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
CALX Calix, Inc ▶ $2.30B 70.2x 3.2x
ECHO Echostar Corp ▼ $24.72B – 7.0x
ASTS Ast Spacemobile, Inc. ▼ $12.19B – 6.4x
GSAT Globalstar, Inc. ▼ $10.61B – 36.3x
VSAT Viasat Inc ▲ $8.10B – 1.8x
IRDM Iridium Communications Inc. ▼ $4.64B 46.1x 9.8x
TSAT Telesat Corp ▶ $665M – –
CCOI Cogent Communications Holdings, Inc. ▲ $413M – –
SPIR Spire Global, Inc. ▶ $350M 5.1x 2.4x
GOGO Gogo Inc. ▲ $289M – 2.4x
NSTR Northstar Earth & Space Enterprises, Inc. ▼ $188M – –
KVHI Kvh Industries Inc \De\ ▲ $107M – 0.8x
BZFD Buzzfeed, Inc. ▲ $83M – 1.6x
ELWT Elauwit Connection, Inc. ▼ $37M – –
FABC Fabric.Ai, Inc. ▼ $15M – 1.4x
IOTR Iothree Ltd ▶ $11M – 2.5x
UCL Ucloudlink Group Inc. ▲ $9M – 0.3x
OBAI Our Bond, Inc. ▼ $4M – –
HMMR Hammer Technology Holdings Corp. ▶ N/A – –
KTEL Konatel, Inc. ▼ N/A – –
MAJI Nextel Medical Corp. ▼ N/A – –

Where CALX sits on the market map

Technology · Communications Services, NEC
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News

Calix, Inc (CALX) stock news

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FAQ

Calix, Inc (CALX) stock forecast FAQ

What is the Calix, Inc (CALX) stock forecast?

On Oct. 16, 2026, CALX is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.

How accurate are Calix, Inc stock predictions?

For CALX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 15.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 14.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Calix, Inc forecasts updated?

Calix, Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Calix, Inc's industry peers?

21 issuers in our coverage, CALX included, share the SEC industry code Communications Services, NEC. The largest are: Echostar Corp (ECHO), Ast Spacemobile, Inc. (ASTS), Globalstar, Inc. (GSAT), Viasat Inc (VSAT), Iridium Communications Inc. (IRDM), Telesat Corp (TSAT).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.