Calix price target raised to $85 from $69 at Roth Capital

Roth Capital raised the firm’s price target on Calix (CALX) to $85 from $69 and keeps a Buy rating on the shares following what the firm calls “another solid beat and raise” report for Q3. Broad-based demand and RPO strength is expected to continue into 2026, in part enabled by the imminently commercializing third gen platform, says the analyst, who sees Calix entering “a potential phase of multiple expansion.”