Calix, Inc. (CALX) Stock AnalysisCALXStock AnalysisCalix, Inc.

Calix, Inc. is an artificial intelligence (AI) platform company. It develops markets and sells platforms, cloud and managed services, which are powered by agentic AI, that enable communications service providers (CSPs) of all types and sizes to transform their businesses. Its Calix One Platform consists of Calix Cloud, which comes in three role-based software as a service (SaaS) application: Calix Engagement Cloud, Calix Operations Cloud and Calix Service Cloud. Its Calix Agent Workforce consists of four agent families: Service Agents, Subscriber Agents, Operations Agents and Marketing Agents. Its SmartLife managed services consist of SmartHome managed services and applications to enhance, operate and secure the connected experience of subscribers in their home; SmartBiz managed services address the business networking and productivity needs of small business owners, and SmartMDU managed services, which provide purpose-built, flexible connectivity solutions for multifamily properties. It operates in the Technology sector (COMMUNICATIONS SERVICES, NEC industry).

Calix Inc (CALX) appears to be a good buy right now due to its recent strong performance, with Q2 revenue reaching $293.3 million, a 21.3% increase year-over-year, and a non-GAAP EPS of $0.47, exceeding estimates by $0.07. Additionally, analysts are optimistic, with five out of seven rating it a 'Buy' and a price target from Roth Capital at $85, indicating a potential upside of 121%. However, the main risk is the declining gross margin, which fell to 54.8% due to rising memory component costs, posing challenges to profitability.

6 analysts cover CALX: 2 rate it Buy, 4 Hold and 0 Sell. The average price target is 79.50.