CALX — Calix Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Calix Inc

Calix, Inc., together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$40.98
Market Cap$2.45B
Float57.7M
Shares Outstanding63.8M
P/E (Forward)21.69
P/E (TTM)78.41
Price/Sales (TTM)2.31
vs. Analyst Target+61.1% to analyst PT
Profit Margin3.20%
Operating Margin (TTM)4.54%
Revenue (TTM)$1.06B
Earnings Growth (YoY)-98.90%
Dividend RateNone
Analyst Target Price$66.00 (6 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $541M $33.5M $267M $49.6M
2021 $679M $238M $357M $88.1M
2022 $868M $41.0M $435M $66.9M
2023 $1.04B $29.3M $518M $42.2M
2024 $832M -$29.7M $454M -$23.5M
2025 $1.00B $17.9M $568M $51.9M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $242M -$199,000
Sep 2025 $265M $15.7M
Dec 2025 $272M $7.2M
Mar 2026 $280M $11.2M

Ownership & Float

Insider Ownership9.6%
Institutional Ownership97.4%
Short Float10.5%
% of All Funds Holding3.46%
Number of Funds Holding284

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$44.47Near-term / short-term trend
Weekly40-Week SMA$53.33Medium-term trend
Weekly80-Week SMA$47.72Cyclical trend (business cycle)
Weekly200-Week SMA$46.46Secular trend (multi-year)
Monthly10-Month SMA$52.74Near-term monthly trend
Monthly20-Month SMA$46.97Medium-term monthly trend
Monthly40-Month SMA$43.91Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$49.00 resistance 1.40x 0 months ago
$53.00 resistance 1.42x 3 months ago
$35.30 support 1.68x 12 months ago

Historical Earnings Reactions (65 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.40% 2.03% 63.08% 23.30% -24.49%
1 Day 0.01% -0.34% 47.69% 27.01% -27.02%
1 Week 2.83% 2.29% 60.00% 37.90% -28.03%
2 Weeks 1.90% -0.72% 49.23% 42.52% -32.02%
1 Month 3.14% 0.05% 50.00% 41.74% -40.28%

Next earnings: July 20, 2026 (52 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-3.9%43.8%16
Feb2.4%56.3%16
Mar-3.3%37.5%16
Apr0.8%35.3%17
May4.7%62.5%16
Jun1.9%62.5%16
Jul6.4%56.3%16
Aug-0.1%50.0%16
Sep-0.1%56.3%16
Oct2.7%56.3%16
Nov6.0%75.0%16
Dec3.1%56.3%16

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.03% 49.7% 761
Tuesday 0.06% 47.1% 837
Wednesday 0.08% 48.1% 833
Thursday 0.14% 48.5% 819
Friday 0.09% 48.7% 817

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 97.4%

Insider Transactions — Smart Summary

Total insider ownership: 9.6%

12-Month Insider Activity Summary

Total Filings18
Net Value-$60.9M
Net Shares Change-295,000
% of Float-0.5%
C-Suite Filings14
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Weening Michael President and CEO -$41.9M 4 N/A
Russo Carl -$26.7M 3 N/A
Eleniak Shane Todd Marshall Chief Product Officer -$4.3M 2 2 sell
SINDELAR CORY Chief Financial Officer -$3.0M 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-07-24 – 2025-08-05 4 3 -$15.4M 3 C-suite
2025-11-03 – 2025-11-12 6 4 -$48.8M 5 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-11-12 Eleniak Shane Todd Marshall Chief Product Officer -$1.3M Transaction at $36.08, now +13.6%
2025-11-10 SINDELAR CORY Chief Financial Officer -$3.0M Transaction at $35.17, now +16.5%
2025-11-06 Eleniak Shane Todd Marshall Chief Product Officer -$2.9M Transaction at $36.17, now +13.3%
2025-11-06 Russo Carl -$24.4M Transaction at $38.36, now +6.8%
2026-04-28 Russo Carl -$1.1M Transaction at $43.26, now -5.3%
2025-11-03 Weening Michael President and CEO -$15.9M Transaction at $36.88, now +11.1%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Calix Inc (CALX) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for CALX on Trend Edge →