Roth Capital raised the firm’s price target on Calix (CALX) to $60 from $50 and keeps a Buy rating on the shares. The company reported reported “another blow-out quarter” with strength among medium, large and international customers, the analyst tells investors in a research note. The firm highlights that Calix in the second half of 2025 will launch its agentic artificial intelligence enabled third generation platform, which is expected to drive a faster adoption for customers.
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Read More on CALX:
- Calix price target raised to $65 from $56 at Rosenblatt
- Calix’s Strong Performance and Growth Prospects Tempered by Macroeconomic Uncertainties: A Hold Rating by Samik Chatterjee
- Calix’s Strong Financial Performance and Strategic Positioning Justify Buy Rating
- Calix sees 2025 margin improvement at higher end of range
- Calix sees 2025 gross margin improvement above target range
