Calix positioned for sustained growth, says Roth Capital

Roth Capital says Calix’s (CALX) Q4 report and expanded $125M buyback “de-risks” investor sentiment and the stock’s multiple. The company’s agentic AI platform and Broadband Equity, Access, and Deployment rollout position the company for sustained growth, the analyst tells investors in a research note. Roth believes Calix’s outlook is “extremely positive.” It sees management being “aggressive” with share buybacks at current levels. The post-earnings selloff brings an attractive entry point, Roth adds.