Calix Receives Buy Rating from Craig-Hallum Analyst Christian Schwab

Calix (CALX) has received a Buy rating from Craig-Hallum analyst Christian Schwab, who has a 5-star rating with an average return of 11.1% and a 56.62% success rate. Schwab covers the Technology sector, focusing on stocks such as Adtran and Marvell. CALX's market cap is $3.48B, and its P/E ratio is -102.48. Corporate insider sentiment is negative, with 19 insiders selling their shares over the past quarter.

Calix Inc. (CALX) has seen a significant boost in its price target following a positive earnings report and an increase in analyst optimism. Investment firm Needham has raised its price target for CALX from $53 to $60, maintaining a Buy rating [1]. Analyst Ryan Koontz attributes this adjustment to the company's impressive performance and the expected positive earnings surprise in the second quarter. Needham anticipates that CALX will surpass Q2 revenue and earnings estimates, potentially resulting in enhanced guidance for the latter half of 2025.

The average one-year price target from five analysts is $51.80, with a high estimate of $56.00 and a low estimate of $50.00, indicating an average upside of 0.90% from the current price of $51.34 [1]. The consensus recommendation from seven brokerage firms is currently "Outperform," with an average rating of 2.3 [1]. GuruFocus estimates the GF Value for CALX in one year to be $43.93, suggesting a downside of 14.43% from the current price [1].

Calix reported strong demand in the first quarter, delivering revenue of $220 million, which represented a 7% sequential quarterly revenue growth. The company achieved a record non-GAAP gross margin of 56.2%, driven by customer mix and new subscriber wins. Calix added 16 new BSP customers, with the majority being competitive takeaways, indicating strong market positioning. The company maintained a strong balance sheet, generating double-digit free cash flow for the eighth consecutive quarter and ending with cash and investments of $282 million [1].

Despite these positive developments, Calix faces challenges such as forecasting costs with precision and ongoing uncertainty related to tariffs. The company is not including potential BEAD funding in its growth forecasts due to uncertainty around timing and disbursement. Additionally, the competitive market and technology shifts present ongoing challenges for CALX [1].

In a separate development, Marvell Technology Inc. (MRVL) saw a trading volume of $1.248 billion on July 18, 2025, ranking 67th in the day's stock market activity. The company's stock price rose by 3.67%, marking the second consecutive day of gains, with a total increase of 5.36% over the past two days [2]. Marvell recently announced a significant partnership with a leading cloud service provider, aiming to enhance data center performance and efficiency. The company also unveiled a new line of high-speed networking products, positioning itself as a leader in the semiconductor industry [2].

References:
[1] https://www.gurufocus.com/news/2983640/calix-calx-price-target-boosted-amid-anticipated-earnings-growth-calx-stock-news
[2] https://www.ainvest.com/news/marvell-technology-ranks-67th-trading-volume-1-248-billion-stock-price-surges-3-67-2507/