$CALX

Russo Carl sold 75,000 indirectly-held shares of CALIX, INC (CALX) at $36.20 ($2.71M total) on 2026-07-27 under a Rule 10b5-1 trading plan.

Calix, Inc. reported record Q2 2026 results, attributing them to the first full quarter of its Calix One AI-native platform, which drove higher RPOs and software revenue. Management said migrating customers to a single cloud improved software and service gross margins by 810 bps sequentially. It expects 2026 revenue growth of 15% to 20% and Q3 margin records, while noting memory cost inflation and $69M share repurchases.

Calix (CALX) shares fell over 4% after warning of higher memory costs in Q3, impacting earnings. Analysts at Roth Capital and Rosenblatt maintain 'Buy' ratings, citing long-term value despite near-term headwinds. Q2 revenue rose 5% to $293.3M, beating estimates, but Q3 guidance shows lower gross margins.

Calix (CALX) shares fell 17.8% in pre-open after reporting Q2 2026 results. The company guided Q3 EPS to $0.35–$0.45 versus $0.46 expected and revenue to $287M–$293M versus about $301.6M. Despite a Q2 EPS beat ($0.47 vs $0.41) and near revenue in-line, margin pressure from exhausted lower-cost component stockpiles and an ongoing securities class action also weighed.

CALIX, INC (CALX) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.2 3 ex992stockholderletter26q2.htm EX-99.2 Document Exhibit 99.2 July 20, 2026 Fellow Calix stockholders: We delivered record revenue of $293.3 million in the second quarter of 2026 representing 5% sequential growth and 21% year-over-year growth. Software and service revenu

Calix Inc. (NYSE:CALX) is set to report Q2 earnings after the close on Monday, July 20. Analysts expect EPS of 41 cents versus 33 cents a year earlier, and revenue of $289.95 million versus $241.88 million last year, per Benzinga Pro. The company previously reported upbeat Q1 results and added a $100 million buyback plan.

Calix (NYSE:CALX) said Velocity Network will invest in its Calix Agent Workforce Cloud on the AI-native Calix One platform to accelerate revenue growth and cut operating costs. Rosenblatt reiterated a Buy and $70 price target, citing adoption of Calix One and expectations of double-digit revenue growth.

Calix (CALX) is expanding its AI-native Calix One platform with new Wi-Fi 7 and 50G-PON capabilities, aiming to deepen its cloud-managed connectivity ecosystem. Concurrently, shareholders approved a shift to simple majority voting, refining its corporate governance. These developments are viewed in the context of Calix's investment narrative, which projects significant revenue and earnings growth by 2029 through platform adoption and recurring software services.

The Law Offices of Frank R. Cruz has announced an investigation into Calix, Inc. (NYSE: CALX) regarding potential violations of federal securities laws. This follows Calix's Q1 2026 earnings report, which revealed a sequential decline in non-GAAP gross margin and a negative outlook for future gross margins due to increased memory component costs, leading to a significant drop in its stock price. Shareholders who incurred losses are encouraged to contact the firm to inquire about pursuing a claim.

JPMorgan Chase & Co. has reduced its price target for Calix (NYSE:CALX) from $90.00 to $70.00 but maintained an "overweight" rating, suggesting a significant upside. Calix recently exceeded earnings estimates with $0.39 EPS on $272.4 million revenue and announced a $125 million share repurchase program. The stock currently trades around $49.63, with analysts giving it a "Moderate Buy" rating and an average consensus price target of $71.67.