Calix Future Growth

Future criteria checks 3/6

Calix is forecast to grow earnings and revenue by 105.7% and 1.4% per annum respectively. EPS is expected to grow by 105% per annum. Return on equity is forecast to be 10.1% in 3 years.

Key information

105.7%

Earnings growth rate

105.0%

EPS growth rate

Communications earnings growth	13.9%
Revenue growth rate	1.4%
Future return on equity	10.1%
Analyst coverage	Good
Last updated	03 Oct 2024

Recent future growth updates

Recent updates

An Intrinsic Calculation For Calix, Inc. (NYSE:CALX) Suggests It's 27% Undervalued

Oct 06

Is There Now An Opportunity In Calix, Inc. (NYSE:CALX)?

Aug 22

Calix: A Connectivity Solutions Powerhouse With Unprecedented Growth

Jul 27

Returns At Calix (NYSE:CALX) Are On The Way Up

Jul 20

Estimating The Fair Value Of Calix, Inc. (NYSE:CALX)

Jul 06

What Is Calix, Inc.'s (NYSE:CALX) Share Price Doing?

May 08

Investors Will Want Calix's (NYSE:CALX) Growth In ROCE To Persist

Mar 20

Calix: Best Nearby Cap-Gain Stock Of Cloud Software Prospects

Jan 23

We Like These Underlying Return On Capital Trends At Calix (NYSE:CALX)

Nov 28

Earnings and Revenue Growth Forecasts

NYSE:CALX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	986	44	112	106	4
12/31/2025	863	-3	58	80	7
12/31/2024	830	-21	47	60	7
6/29/2024	953	2	50	68	N/A
3/30/2024	1,016	20	46	63	N/A
12/31/2023	1,040	29	38	56	N/A
9/30/2023	1,019	48	29	47	N/A
7/1/2023	992	44	20	38	N/A
4/1/2023	933	42	12	28	N/A
12/31/2022	868	41	13	27	N/A
10/1/2022	800	49	21	34	N/A
7/2/2022	736	213	25	38	N/A
4/2/2022	702	226	43	54	N/A
12/31/2021	679	238	46	57	N/A
10/2/2021	673	243	65	75	N/A
7/3/2021	651	86	74	81	N/A
4/3/2021	602	61	52	60	N/A
12/31/2020	541	33	44	51	N/A
9/26/2020	491	10	15	22	N/A
6/27/2020	455	-14	4	12	N/A
3/28/2020	437	-15	-4	6	N/A
12/31/2019	424	-18	-9	5	N/A
9/28/2019	420	-24	-15	2	N/A
6/29/2019	420	-20	-14	3	N/A
3/30/2019	431	-17	-5	9	N/A
12/31/2018	441	-19	-7	4	N/A
9/29/2018	464	-27	-36	-29	N/A
6/30/2018	478	-45	-50	-44	N/A
3/31/2018	492	-61	N/A	-45	N/A
12/31/2017	510	-83	N/A	-63	N/A
9/30/2017	504	-82	N/A	-9	N/A
7/1/2017	497	-63	N/A	-2	N/A
4/1/2017	478	-50	N/A	-4	N/A
12/31/2016	459	-27	N/A	24	N/A
9/24/2016	432	-25	N/A	1	N/A
6/25/2016	423	-25	N/A	7	N/A
3/26/2016	415	-25	N/A	12	N/A
12/31/2015	407	-26	N/A	-5	N/A
9/26/2015	414	-20	N/A	22	N/A
6/27/2015	408	-25	N/A	32	N/A
3/28/2015	406	-23	N/A	31	N/A
12/31/2014	401	-21	N/A	38	N/A
9/27/2014	384	-24	N/A	19	N/A
6/28/2014	381	-20	N/A	17	N/A
3/29/2014	378	-21	N/A	33	N/A
12/31/2013	383	-17	N/A	41	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CALX's forecast earnings growth (105.7% per year) is above the savings rate (2.5%).

Earnings vs Market: CALX's earnings (105.7% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: CALX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CALX's revenue (1.4% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: CALX's revenue (1.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CALX's Return on Equity is forecast to be low in 3 years time (10.1%).

Calix Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 12% to US$42.71

Price target decreased by 9.0% to US$41.80

Consensus revenue estimates decrease by 10%

Consensus revenue estimates fall by 14%

Price target decreased by 15% to US$48.13

Calix, Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

Recent updates

Calix, Inc. Announces Updates to the Calix Broadband Platform

Calix, Inc. Announces Smarttown Alliance

Calix Launches SmartMDU, Simplifying Property-Wide Connectivity, Wi-Fi, and Broadband Service Management for Multi-Dwelling Units, Driving Service Provider Profitability

Calix, Inc. to Report Q3, 2024 Results on Oct 28, 2024

Calix, Inc. Unveils its First Wi-Fi 7 Systems

Calix, Inc. Expands Wi-Fi Installation Portfolio with A New Field Service App

Calix, Inc. unveils Additional Outdoor Wi-Fi Capabilities for Broadband Platform and SmartLife Managed Services

Calix, Inc. Appoints Wade Oosterman to the Board of Directors

Chairman of the Board notifies of intention to sell stock

Price target increased by 12% to US$42.71

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Calix: A Disruptor In A Mature Industry

Calix, Inc. to Report Q2, 2024 Results on Jul 22, 2024

At US$34.85, Is It Time To Put Calix, Inc. (NYSE:CALX) On Your Watch List?

Is Calix, Inc. (NYSE:CALX) Trading At A 24% Discount?

Calix, Inc. Launches the ASM5001 as the Latest Addition to Its Service Aggregation Portfolio for Intelligent Access Its Broadband Platform

Calix, Inc. Unveils Groundbreaking Capabilities for Broadband Service Providers (BSPS)

Calix, Inc unveils Updates to SmartBiz™, a Purpose-Built Small Business Solution for Broadband Service Providers

Calix, Inc Unveiles Updates to SmartBiz™, a Purpose-Built Small Business Solution for Broadband Service Providers

The Calix, Inc. (NYSE:CALX) Analysts Have Been Trimming Their Sales Forecasts

Price target decreased by 9.0% to US$41.80

Consensus revenue estimates decrease by 10%

First quarter 2024 earnings released: EPS: US$0.002 (vs US$0.14 in 1Q 2023)

Calix: Sell On Weak Outlook Amid Persistent Business Headwinds

Why Investors Shouldn't Be Surprised By Calix, Inc.'s (NYSE:CALX) P/E

Calix, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Calix, Inc., Annual General Meeting, May 09, 2024

We Like These Underlying Return On Capital Trends At Calix (NYSE:CALX)

Calix, Inc. Announces Enhancements to the Calix Broadband Platform

Calix, Inc. Releases Significant Updates to Calix SmartBiz That Further Accelerate Growth for Its Customers

Consensus revenue estimates fall by 14%

Things Look Grim For Calix, Inc. (NYSE:CALX) After Today's Downgrade

Price target decreased by 15% to US$48.13

Calix Stock Plunges On Soft Guidance, But Don't Get Excited Just Yet

Chairman of the Board exercised options to buy US$4.0m worth of stock.

Now 29% undervalued after recent price drop

Estimating The Fair Value Of Calix, Inc. (NYSE:CALX)

Calix, Inc.'s (NYSE:CALX) Business Is Trailing The Market But Its Shares Aren't

At US$39.58, Is Calix, Inc. (NYSE:CALX) Worth Looking At Closely?

Calix: Pullback For The Stock Is In, Time To Buy Again

Customer Support Teams Can Now Access Relevant Operational Insights in Calix Cloud with One Click to Drive Faster Issue Resolution

Investor sentiment deteriorates as stock falls 23%

Chief Commercial Operating Officer notifies of intention to sell stock

Third quarter 2023 earnings: EPS exceeds analyst expectations

Calix, Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

The Return Trends At Calix (NYSE:CALX) Look Promising

Calix Support Cloud Becomes Service Cloud, Enabling Customers to Make A Monumental Shift to Multi-Channel Support for Subscribers

Calix, Inc. Announces Next Innovations to its Broadband Platform So Customers Can Rapidly Scale to the Business Market

Calix: Promising Company But Remain Cautious For Now

An Intrinsic Calculation For Calix, Inc. (NYSE:CALX) Suggests It's 27% Undervalued

Calix, Inc. to Report Q3, 2023 Results on Oct 23, 2023

Calix, Inc. Launches SmartBiz in the UK, Equipping Altnet with Industry-First Solution to Address the Needs of 5.5 Million Small and Medium Enterprises

Now 20% undervalued after recent price drop

Is There Now An Opportunity In Calix, Inc. (NYSE:CALX)?

Calix, Inc. Announces Expanded Security Measures in CalixSmartBiz

Lead Independent Director recently sold US$4.3m worth of stock

Chief Commercial Operating Officer notifies of intention to sell stock

Calix: A Connectivity Solutions Powerhouse With Unprecedented Growth

Calix, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Returns At Calix (NYSE:CALX) Are On The Way Up

Estimating The Fair Value Of Calix, Inc. (NYSE:CALX)

Calix, Inc. to Report Q2, 2023 Results on Jul 19, 2023

Calix, Inc.(NYSE:CALX) dropped from Russell Small Cap Comp Value Index

Lead Independent Director exercised options to buy US$458k worth of stock.

Calix, Inc. Announces New Capabilities for Calix Operations Cloud

Calix, Inc. Appoints Michael Weening as A Class I Director

Calix, Inc. Announces Additional Enablement and Enhancements for SmartTown and SmartBiz

What Is Calix, Inc.'s (NYSE:CALX) Share Price Doing?