Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Calix ( (CALX) ) is now available.
On January 28, 2026, Calix, Inc. announced that its board of directors had increased the authorization under its stock repurchase program by an additional $125 million, supplementing the $109.3 million that remained authorized as of December 31, 2025, and bringing total potential repurchases to $425 million. The company said buybacks may be executed periodically through open market purchases, privately negotiated deals or other methods, subject to SEC rules, market conditions, and its capital allocation strategy, while emphasizing that it is not obligated to repurchase a specific amount of shares and may suspend or terminate the program at its discretion, underscoring flexible balance-sheet management and potential support for shareholder value.
The most recent analyst rating on (CALX) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Calix stock, see the CALX Stock Forecast page.
Spark’s Take on CALX Stock
According to Spark, TipRanks’ AI Analyst, CALX is a Neutral.
The score is driven primarily by solid financial resilience (cash flow growth, low leverage) and a constructive price trend. A strong, mostly positive earnings call (record revenue/margins and RPOs) supports the outlook, but the overall score is held back by ongoing profitability issues and a weak valuation signal from the negative P/E.
To see Spark’s full report on CALX stock, click here.
More about Calix
Calix, Inc. (NYSE: CALX) operates in the telecommunications and broadband technology sector, providing an agentic AI cloud and appliance-based platform built on open standards and advanced security. Its offerings combine AI-driven software, intelligent appliances, and fully integrated managed services, supported by Calix Success programs and a partner community, enabling service providers of all sizes to modernize operations, enhance subscriber experiences across consumer, business, and municipal markets, and drive value for members, investors, and local communities.
Average Trading Volume: 826,878
Technical Sentiment Signal: Buy
Current Market Cap: $3.69B
For an in-depth examination of CALX stock, go to TipRanks’ Overview page.