Calix, Inc. (CALX) Analyst/Investor Day October 20, 2026 1:00 PM EDT
Company Participants
Michael Weening - CEO, President & Director
Juergen Lindner - Chief Marketing Officer
Tiffany Shurr
Dan Bloch
Stephen Eyre
Nancy Tichbon - Chief Customer Officer
John Durocher - Chief Operations Officer
Conference Call Participants
Melina Palmer
Greg Mullis - Tri-County Elec Member Corp -GA
Darren Farnan
Milton Lopera - Blue Stream Communications, LLC
Rachel Solomon - Wecom, Inc.
Timothy May
Marc-Andre Campagna
Presentation
Operator
Good morning, and welcome back to ConneXions '26. Please welcome President and CEO of Calix, Michael Weening.
Michael Weening
CEO, President & Director
Good morning. How awesome is it to walk up to that, all of your successes, the things that you're doing every single day, congratulations. It's absolutely incredible. And so we kick off the third day, our last day. Have a great time last night. I heard everyone loved it. Yes. Yes. Lots of great feedback, awesome.
And as I said yesterday, the theme, if we're going to put one slide up, this is it. There is no version of the future where AI is optional. None. And so as you contemplate this, you really need to think about what are you going to do as you leave today to take big steps forward. What are you going to change? Because now is the time. We've set it in place so that you can launch quickly, but you have to embrace change. You have to be embraced that the past is the past, I need to go to a different place. And I need to go to a different place fast and I need to go hard because what got you here won't get you there because this thing is going to change.
And it's funny this morning reading the news. Again, there's all this great stuff that's happening. But this is what I
Viasat Drops 29%: Falling Knife or Moonshot Bargain?Calix NYSE: CALX used the final day of its ConneXions event to emphasize artificial intelligence, customer experience and network simplification as central priorities for broadband providers navigating intensifying competition.
President and CEO Michael Weening told attendees that “there is no version of the future where AI is optional,” urging providers to move quickly while choosing partners with the financial resources and security capabilities to support long-term deployments. He cautioned against allowing small, unproven AI vendors to proliferate across businesses without adequate controls, citing Calix’s own decision to halt some early experimentation in favor of working with larger enterprise partners.
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3 Late January Earnings Plays With Pop Potential“If you don't get on board with the people who are putting hundreds of millions of dollars behind putting security, trust, and making it predictable,” Weening said, providers risk being left behind. He said Calix expects to have more than $200 million in resources this year to support trust, security and predictability, and he positioned 2027 as a pivotal year for expanding the company’s competitive advantage.
Network simplification and growth opportunities
Weening said Calix is pursuing a strategy of helping broadband providers reduce operating costs while increasing revenue. He highlighted the company’s E9-2 platform, which he said can consolidate access aggregation, broadband network gateway and other functions into a single system, reducing the number of network elements, power consumption and required operating teams.
He challenged providers to “kill the BNG” as a standalone box by 2027, arguing that a simplified architecture could reduce equipment purchases and create resources for subscriber acquisition, marketing and churn reduction.
Weening also highlighted opportunities in managed Wi-Fi, small business, multi-dwelling units and community connectivity. He said Calix’s SmartMDU offering is designed to extend management from network access through building-wide Wi-Fi and connected amenities. The company’s strategy, he said, is to prioritize customer requests that either drive revenue or lower costs.
In addition, Weening described Workflow Studio as a tool for providers to map business processes and identify where AI agents can automate tasks. He said businesses must first understand how their operations currently work before attempting to change them with AI.
Survey points to elevated switching risk
Chief Marketing Officer Juergen Lindner shared findings from Calix’s second annual subscriber switching study, conducted with DC and Gather. The survey included 2,600 internet decision-makers across rural, suburban and urban markets and multiple generations.
16.1% of respondents said they had changed internet providers within the prior 12 months, a 6.2% increase from the previous year.
48.9% said they were actively considering a change in service.
93% said they were happy with their current provider, a result Lindner said could create a false sense of security because satisfied customers may still leave for a better offer.
Switching in rural markets increased by roughly 10%, while switching in the Midwest nearly tripled, according to Lindner.
Between 3.5 million and 4 million subscribers changed to 5G during the prior year, he said.
Lindner said price and speed remain table stakes, but streaming bundles, smart-home capabilities, personalization, security, network availability and customer service can influence loyalty. He also pointed to Gen Z as a particularly vulnerable customer segment because it has less inherent loyalty to providers.
“Your customers are not leaving you because they are mad with you,” Lindner said. “They’re going for better at the current time.”
Behavioral economics and marketing
Behavioral economist Melina Palmer, founder of The Brainy Business, encouraged providers to frame offers around customer outcomes rather than technical terms such as symmetrical connectivity or megapixels. She said the language used to describe an offer can affect its perceived value.
Palmer advised attendees to use clear, consistent messaging across channels and to identify what longtime customers would miss if the provider disappeared. She also discussed “anchoring,” or presenting a higher-priced option first to make a target offer appear more attractive. Her recommendations included creating a higher-priced “wingman” product that supports the value of the preferred offering.
“When you change the words, you change the value,” Palmer said.
Providers share operating results
Several Calix customers described their growth strategies and experience-focused approaches. Greg Mullis, chief operating officer of Georgia-based Tri-CoGo, said the fiber provider has reached 11,000 customers, a roughly 50% take rate and a 50% gigabit-service take rate. He said Tri-CoGo’s net promoter score has risen from 90 to 92 over the past three years and that it became cash-flow positive two years ahead of plan.
Tri-CoGo recently introduced five new plans, including ProtectIQ for new accounts, higher-tier experience offerings and multi-gig Wi-Fi 7. Mullis said the company increased average revenue per user by about $0.75 over five months and achieved an approximately 11% take rate for its 4-gig product, compared with a 5% budgeted rate.
Darren Farnan, general manager of United Fiber, said the company serves more than 45,000 subscribers and has used managed Wi-Fi, outdoor Wi-Fi and SmartBiz small-business services to expand its service model. He said SmartBiz revenue grew 125% year over year, crediting internal alignment and employee ownership of the offering.
Milton Lopera, chief customer officer of Blue Stream Fiber, said the company serves 150,000 subscribers across 500 communities, primarily in Florida and Texas, with plans to expand into Alabama and Georgia. He said Blue Stream has achieved a 4.9-out-of-5 installation experience rating across its MDU communities, a 90% reference rate and a 99.5% renewal rate for contracts that typically run eight to 10 years.
Other discussions focused on AI-enabled partner workflows. Rachel Solomon, CEO of Wecom Fiber, said 80% of her company’s orders flow from checkout to technicians without human intervention. Timothy May, CEO of Direct Communications, said his company views AI as a tool to augment employees rather than replace them.
Calix executives closed the event by arguing that AI adoption requires both technology and human judgment. Chief Customer Officer Nancy Tichbon described the formula as “AI plus PI equals ROI,” with PI referring to people intelligence. Chief Operating Officer John Durocher urged attendees to use AI in ways they can trust, describing security, predictability and actionability as necessary elements for sustainable adoption.
About Calix (NYSE:CALX)Calix, Inc provides cloud, software and broadband access solutions to communications service providers. Its technology helps broadband operators deploy, manage and monetize high-speed internet and related services for residential and business customers.
The company's offerings include broadband access systems, subscriber premise equipment, cloud-based software and analytics, and managed services. Its portfolio supports fiber, fixed wireless and other broadband networks, while enabling providers to deliver services such as Wi-Fi management, network security, connected home applications and business connectivity.
Founded in 1999 and headquartered in San Jose, California, Calix serves broadband service providers primarily in North America, with customers and operations in other international markets.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix launches GigaPro managed switches to drive service provider growth across business, multifamily, and residential markets with Calix One.
Award-winning SmartMDU on the Calix One platform is purpose-built to help service providers support property owners and managers in delivering better connected experiences at scale. Calix delivers new resident activation options, reliable connectivity for vehicles, and greater deployment control.
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, at its annual innovation and customer success conference, Calix, Inc. (NYSE: CALX) announced new SmartMDU™ capabilities on the AI-native Calix One™ platform, giving service providers more ways to efficiently grow across multifamily markets.
"With Calix, we can serve more properties and continue growing our business without creating more work for our support team," said Scott Coonfield, president and chief executive officer at VA SkyWire.
Share Multifamily properties represent a significant growth opportunity for service providers as property managers seek to attract and retain residents. Increasingly, these residents expect secure, reliable connectivity from the moment they move in—both in their dwelling and property-wide—including historically hard-to-reach areas such as parking garages. Meeting those resident expectations means making Wi‑Fi available and easy to activate from day one, then sustaining that experience.
SmartMDU is purpose-built to simplify the delivery of move-in-ready connectivity across multifamily properties. Its ability to help service providers meet the needs of property managers and residents is reflected in industry recognition—including the 2026 Maravedis “Resident Experience Award” and Broadband Communities’ “Multifamily Technology Partner of the Year”—and service provider results, with resident satisfaction ratings as high as 95 percent.
With SmartMDU, service providers can now deliver a range of expanded capabilities for property owners and managers:
Even more seamless move-ins with new activation options to delight residents. Building on existing QR code activation, residents can now sign up via a unique SSID or activate service prior to move-in with a one-time code the property manager initiates through PropertyWorx™. These expanded options help service providers meet rising expectations in multi-dwelling units (MDUs) and raise resident satisfaction. Reliable, secure Wi-Fi connectivity for resident vehicles in parking garages. A dedicated connected vehicle network provides managed Wi-Fi in MDU parking facilities for over-the-air software updates, in-car navigation, and other connected services. Access is unique to each resident and ends when they move out, simplifying management and enhancing security. Greater visibility and control across SmartMDU deployments. With the expanded Calix GigaPro® managed switch portfolio on Calix One, service providers can simplify management for property managers and help scale consistent resident experiences across more multifamily properties. Planned property management system (PMS) integrations will further simplify resident onboarding and offboarding by enabling teams to provision and easily remove resident Wi-Fi access within existing property management workflows, helping reduce manual work and create smoother resident experiences.
All service providers deploying SmartMDU have access to Calix Success™ for expert guidance, training, and support to accelerate deployments and confidently scale across more multifamily properties.
Scott Coonfield, president and chief executive officer at VA SkyWire, said: “When MDU residents move into their new home, they want to get online right away, not schedule an installation or wait for support. SmartMDU on the Calix One platform makes that experience simpler for residents while giving our support team the visibility and tools to resolve issues quickly and efficiently. With Calix, we can serve more properties and continue growing our business without creating more work for our support team.”
Shane Eleniak, chief product officer at Calix, said: “Residents do not think about broadband in terms of networks or technology. They think about whether everything works from the moment they walk through the door. For service providers, delivering secure broadband that simply works is how they stand apart. That’s why we are continuing to evolve SmartMDU on the AI-native Calix One platform—helping providers remove friction behind the scenes, scale exceptional resident experiences, and win more multifamily business without adding operational complexity.”
Learn how SmartMDU is evolving to help service providers simplify operations, scale across more properties, and grow their multifamily business.
About Calix
Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.
Through the AI-native Calix One platform, service providers can securely and privately activate agentic AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.
Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.
Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.
Calix, Inc. (CALX) Analyst/Investor Day October 19, 2026 11:00 AM EDT
Company Participants
Michael Weening - CEO, President & Director
John Durocher - Chief Operations Officer
John Walburn - Chief Operating Officer
Juergen Lindner - Chief Marketing Officer
Conference Call Participants
Shane West
Brooks Goodall
Chris Rhodes
AI Voice
Presentation
Michael Weening
CEO, President & Director
How's everyone doing this morning? Yes. So before we start, let's have a big round of applause for all the customers and team members who got on stage in front of all of you last night and kicked the show off with the band. Let's give a big round of applause for the band.
All right. I just got told something that you guys like the Pavilion outside more than you liked what we did last year in the other place. So my question, yes, who wants it there next year outside? Yes, a big round -- there you go. Scott looks like that's done.
All right. So welcome. Welcome to ConneXions. I was just reflecting this is my 10th year at Calix. This is my 10th year at ConneXions. And if I think about what we've accomplished together over the last 10 years, it's incredible. And we've transitioned this conference slowly but surely into what's all about you. So it's about how do we innovate with you, and you're going to see thematically throughout the morning that we talk a lot about together, together, together. And then how do we celebrate your success? How do we focus on your success every single day and ensure that we harvest that knowledge so this community of people, which John is going to talk about later today, how do we make this community stronger and stronger and help each other to thrive in what is a crazy time in this world.
Viasat Drops 29%: Falling Knife or Moonshot Bargain?Calix NYSE: CALX used its ConneXions conference to outline an expanded artificial-intelligence strategy, including new workflow tools, specialized communications-focused AI models and additional managed networking products designed for broadband providers.
Chief Executive Officer Michael Weening said the company began shifting major product-development resources toward AI in late 2023 and has invested hundreds of millions of dollars in its platform. He said all Calix customers were AI-enabled by the end of March, with AI embedded across the company’s platform.
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3 Late January Earnings Plays With Pop PotentialWeening acknowledged that the platform transition slowed some implementations and created challenges for customers, but said the investment is intended to deliver more automation, security and operational capacity. He said Calix plans to deliver more capabilities in 2027 than it did in the prior two years combined, citing AI-driven productivity improvements and the company’s completed third-generation platform launch.
AI platform and workflow plans
Calix announced the Calix Communications Language Model Foundation, or CLM Foundation, which Weening described as a specialized AI foundation tailored to broadband-provider operations. The company also introduced the concept of Calix Gems, smaller domain-specific models intended for areas including marketing, security, repair and troubleshooting.
According to Weening, Calix expects those models to be deployed across its cloud, network equipment and subscriber-premises devices. He said specialized models could range in size depending on the use case, including models designed to operate locally on a GigaSpire device to identify and stop cyber threats in homes and businesses.
The company also announced Workflow Studio, a tool intended to let customers customize AI workflows around their own business processes. The platform is designed to connect Calix agents with third-party systems using agent-to-agent, or A2A, technology and Model Context Protocol, or MCP.
Weening said reference workflows will cover operations, service, marketing and subscriber experiences. For example, an operations workflow could identify a network issue, supply diagnostic information to a network employee, determine whether subscribers should be notified and compile insights after the incident is resolved. Calix said marketing workflows are expected in November.
Calix Chief Marketing Officer Juergen Lindner said the A2A and MCP technologies are intended to enable workflows that extend across application, vendor and system boundaries. He said the model could allow agents to coordinate information from different systems while preserving controls around identity, permissions and expense or policy limits.
Customer examples highlight service and sales opportunities
Several broadband-provider executives discussed how they are using Calix products and evaluating AI-driven automation.
ALLO Fiber CEO Shane West said the company serves more than 250,000 subscribers across Nebraska, Colorado and Arizona. He said operating on a single platform has reduced complexity compared with multi-vendor environments. West said ALLO’s trouble-ticket index was 40% lower than that of a multi-platform network he previously operated. In one AI use case, he said an Operations Agent reduced the time needed to understand an intermittent connectivity issue from about 15 minutes to 30 seconds.
RTC COO and Assistant General Manager Brooks Goodall said the cooperative serves roughly 15,000 broadband subscribers in western North Dakota and eastern Montana. He said proactive agents could help identify network issues before customers report them, improve first-call resolution and reduce costly truck rolls across its remote service territory.
Conexon COO John Walburn said Conexon Connect serves 145,000 subscribers in nine states. He said the company has used segmentation capabilities to target outdoor Wi-Fi offers to customers with potential use cases such as pools, spas and ponds. Walburn said its outdoor Wi-Fi attach rate among its existing customer base was approximately 0.72%, while the rate for new subscribers had reached about 2.1%.
CoastConnect President and CEO Chris Rhodes said the Mississippi Gulf Coast provider serves about 27,000 internet subscribers and has recorded a net promoter score above 90 for two consecutive years. He said 70% of customers use the company’s app and that subscriber-facing AI could help customers resolve basic issues through natural-language interactions.
Network and product roadmap
Weening also reiterated Calix’s push toward network simplification, arguing that providers can reduce operating complexity by consolidating network functions onto its platform rather than managing separate broadband network gateways, routers and other systems from multiple vendors.
The company said it is expanding its managed-switch portfolio for homes, businesses and multi-dwelling units. Weening said the products are designed to give providers greater visibility into connected devices and reduce service issues associated with unmanaged networking equipment.
Other planned or ongoing initiatives cited by Calix include 50 Gbps PON capabilities, Wi-Fi 8 development, SmartMDU expansion, ScamWatch identity-protection services, grid-monitoring investments for utility customers and a new Wi-Fi 7 outdoor unit that Weening said is expected to be available in volume in February.
Throughout the event, executives emphasized that customers will need to decide which workflows and operational changes to prioritize. “There is no version of the future where AI is optional,” Weening said, arguing that AI adoption will be central to competing on customer experience, operating costs and subscriber growth.
About Calix (NYSE:CALX)Calix, Inc NYSE: CALX provides cloud and software platforms, broadband access systems, and related services to communications service providers. Its solutions are designed to help providers deploy, manage, and monetize broadband networks while improving the subscriber experience across residential, business, and community markets.
The company's offerings include the AXOS broadband access platform, Calix Cloud software, and a portfolio of hardware and subscriber-premises equipment. These products support fiber, fixed wireless, and other broadband networks and can provide capabilities such as network automation, analytics, Wi-Fi management, cybersecurity, and connected-home services.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Calix Launches Subscriber Agent in CommandIQ To Simplify the Connected Home, Reduce Support Costs, and Build Subscriber Loyalty
Today, at its annual innovation and customer success conference, Calix, Inc. (NYSE: CALX) launched Subscriber Agent, bringing a conversational AI assistant to the refreshed CommandIQ® mobile app. Built for Calix Agent Workforce™ and the AI-native Calix One™ platform, the new app experience lets residential subscribers use natural voice and text conversations to manage their connected homes, get personalized assistance, and accomplish everyday tasks with greater ease. For service providers, this creates new opportunities to reduce routine support calls and strengthen subscriber loyalty.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261019305426/en/
AI assistant in the refreshed CommandIQ mobile app.
Already used by millions of subscribers and customizable to each service provider’s brand, CommandIQ gives providers a direct digital channel to deliver differentiated connected-home experiences. The refreshed app simplifies navigation for subscribers, while Subscriber Agent draws on decades of network intelligence and subscriber context to understand individual connected-home environments and help subscribers take action without navigating complex menus or settings.
Subscriber Agent goes far beyond the capabilities of generic AI assistants. It builds on proven SmartHome™ experiences that have helped service providers achieve Net Promoter Scores℠ (NPS®) in the 80s and 90s and year-over-year revenue growth. Extending intelligent workflows introduced last month, Subscriber Agent makes capabilities like ExperienceIQ® for managing family internet experiences, ProtectIQ® for securing home networks, and ScamWatchIQ™ for navigating online threats easier to access through natural conversations. Together with contextual alerts and billing integration, these capabilities in CommandIQ improve the connected-home experience for subscribers while keeping the service provider's brand front and center.
With Subscriber Agent in CommandIQ, subscribers can:
Better understand and optimize home networks to reduce support calls. Through natural voice or text conversations, subscribers can identify connected devices, investigate unfamiliar activity, and diagnose connectivity problems. They can also use personalized recommendations to improve Wi-Fi performance and resolve issues faster.Simplify household management to deepen engagement. Subscribers can ask the assistant to create guest networks with secure QR-code access, set expiration times, and establish recurring parental controls through natural conversations—reviewing changes before they take effect. By simplifying home network tasks, CommandIQ becomes a more useful experience subscribers return to regularly.Navigate security concerns to strengthen subscriber trust. Subscribers can better understand security alerts and get personalized guidance. They can then take informed action with SmartHome protections such as ProtectIQ and ExperienceIQ to make connected-home security easier to manage.To help service providers drive adoption of Subscriber Agent-powered AI assistance in CommandIQ and advance residential market success, Calix Success™ is releasing launch resources, customizable campaigns, and expert guidance. Through Calix University, Success events, and the Calix Community, service providers can access proven playbooks, ready-to-use campaign assets, and personalized support.
Katie Luckett, director of marketing, communications and education at Choptank Electric Cooperative, said: “I grew up as a Choptank member, so I know how important it is that the technology we offer feels useful, convenient, and worthy of the trust our community places in us. Subscriber Agent gives members a secure and more natural way to get help and manage their connected homes 24/7 simply by asking in their own words. For Choptank Fiber, that means empowering members to resolve everyday issues on their own—reducing routine support calls while keeping our team focused on those who need more assistance. Leveraging the Calix One platform gives us a trusted foundation to bring AI into our business in a way that feels practical, secure, and true to how we serve our members.”
Juergen Lindner, chief marketing officer at Calix, said: “In the past, digital experiences required people to figure out what to do next. Subscriber Agent changes that. A new conversational AI experience in CommandIQ makes it easy for subscribers to address their everyday issues around their connected homes, simply by asking for help. We are infusing decades of network experience into our AI-native Calix One platform, so we can move beyond smart answers into taking relevant action. For service providers, every subscriber interaction is an opportunity to deliver exceptional value, strengthen loyalty and brand differentiation with experiences subscribers actually crave.”
Learn more about Subscriber Agent in the refreshed CommandIQ mobile app—powered by Calix One.
About Calix
Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.
Through the AI-native Calix One platform, service providers can securely and privately activate agentic AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.
Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.
Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.
Net Promoter®, NPS®, NPS Prism®, and the NPS-related emoticons are registered trademarks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld. Net Promoter Score℠ and Net Promoter System℠ are service marks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261019305426/en/
Disclosures
I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Today, at its annual [url="]innovation and customer success conference[/url], [url="]Calix, Inc.[/url] (NYSE: CALX) unveiled the next evolution of [url="]Calix
New Control Center for Calix Agent Workforce gives service providers one secure, personalized workspace to put purpose-built AI to work across their business while keeping humans in control. Expanded workflows help teams accelerate growth, strengthen loyalty, and streamline operations, while upcoming Workflow Studio will let providers tailor AI workflows to their unique business needs.
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, at its annual innovation and customer success conference, Calix, Inc. (NYSE: CALX) delivered advancements for Calix Agent Workforce™ on the Calix One™ platform, giving service providers greater control over how AI operates within their workflows, more ways to put it to work, and flexibility to tailor it to their unique business needs—all while keeping humans at the helm.
"For 26 years, we have innovated with service providers, not for them. And over the past 15 years, we have invested more than $2 billion evolving the platform that enables Agent Workforce to put that expertise to work," said Calix CEO Michael Weening.
Share Unlike generic AI tools that service providers must adapt to their businesses, Agent Workforce is purpose-built for how they operate. Powered by the AI-native Calix One platform, which processes a petabyte of data daily, Agent Workforce draws on decades of domain expertise to combine network intelligence, subscriber context, and real-world provider workflows with the trust and orchestration needed to put AI to work. This foundation moves service providers beyond isolated tools toward a unified AI workforce that human teams can manage from one place, leverage to act on insights, deploy across more business functions, and tailor to their unique business needs.
Calix is expanding Agent Workforce with three innovations:
Launching: Control Center brings Agent Workforce into a single personalized operating experience. Personalized by role and permissions, Control Center gives marketing, service, and operations teams one conversational workspace to understand, direct, and act on AI-driven insights and workflows across their business. Teams can surface acquisition opportunities, get subscriber context to address service needs, or investigate network issues—putting the right intelligence and actions in the hands of the right people at the right time. Launching: Expanded AI workflows extend purpose-built capabilities across more of the business. New AI-powered workflows help teams identify more growth opportunities, automate marketing campaigns, engage subscribers across more channels, investigate network health alerts, identify emerging outages, and more. These build on workflows introduced in September that help service providers uncover more upsell opportunities and resolve subscriber issues faster. By applying network and subscriber intelligence to a growing range of business challenges, Agent Workforce reduces manual effort and improves operational efficiency. Coming soon: Calix Workflow Studio will let service providers adapt AI to how they operate. Building on ready-to-use Agent Workforce capabilities, the planned no-code Workflow Studio will enable teams to tailor workflows to their business needs by connecting agents, data, tools, and existing systems. Planned support for open standards, including A2A and MCP, will give service providers greater flexibility to extend automation across their business and partner ecosystem. Calix Success™ helps service providers turn secure AI capabilities into measurable business value through expert guidance, education, and proven best practices. The Calix AI Leadership Playbook gives teams a strategic framework to move beyond generic AI experimentation and to operationalize agentic AI across their businesses. Calix Success also helps providers identify high-value opportunities, integrate Agent Workforce into everyday operations, and build organizational readiness to scale adoption.
Scott Hendrix, chief executive officer at Tombigbee Fiber and Tombigbee Electric Power Association, said: “For us, AI isn’t about replacing people. It’s about giving our teams the tools and knowledge to do more for the members we serve. With Calix Agent Workforce, we’re already seeing how our employees can learn faster, work through complex issues, and better understand what our members need. As we bring these capabilities into more of our daily operations, I see tremendous opportunity to make our team more effective, deliver better service, and grow our business without losing the personal connection that makes Tombigbee special.”
Michael Weening, president and chief executive officer at Calix, said: “AI won’t replace companies, but companies who use AI will replace those who do not. Today, that is truer than ever. For 26 years, we have innovated with service providers, not for them. And over the past 15 years, we have invested more than $2 billion evolving the platform that enables Agent Workforce to put that expertise to work. Control Center scales the expertise of their people so they can move faster, while Workflow Studio will enable them to adapt and extend purpose-built workflows to what makes their business unique. We thank every customer who continues on this journey with us. The game is on, and we are excited to help them use AI to compete and win.”
Discover how Calix Agent Workforce, powered by the AI-native Calix One platform, helps service providers drive subscriber growth, strengthen loyalty, and streamline operations.
About Calix
Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.
Through the AI-native Calix One platform, service providers can securely and privately activate agentic AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.
Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.
Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix advances trusted, secure AI with new capabilities for Agent Workforce plus SmartMDU and SmartBiz innovations to fuel growth.
Powered by the AI-native Calix One platform and decades of network intelligence, Subscriber Agent brings a conversational AI assistant to the refreshed CommandIQ app. The new app experience helps subscribers manage everyday needs—from setting up guest networks and updating parental controls to accessing billing—while reducing routine support demands on service providers.
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, at its annual innovation and customer success conference, Calix, Inc. (NYSE: CALX) launched Subscriber Agent, bringing a conversational AI assistant to the refreshed CommandIQ® mobile app. Built for Calix Agent Workforce™ and the AI-native Calix One™ platform, the new app experience lets residential subscribers use natural voice and text conversations to manage their connected homes, get personalized assistance, and accomplish everyday tasks with greater ease. For service providers, this creates new opportunities to reduce routine support calls and strengthen subscriber loyalty.
"In the past, digital experiences required people to figure out what to do next. Subscriber Agent changes that. A new conversational AI experience in CommandIQ makes it easy for subscribers to address their everyday issues," said Calix CMO Juergen Lindner.
Share Already used by millions of subscribers and customizable to each service provider’s brand, CommandIQ gives providers a direct digital channel to deliver differentiated connected-home experiences. The refreshed app simplifies navigation for subscribers, while Subscriber Agent draws on decades of network intelligence and subscriber context to understand individual connected-home environments and help subscribers take action without navigating complex menus or settings.
Subscriber Agent goes far beyond the capabilities of generic AI assistants. It builds on proven SmartHome™ experiences that have helped service providers achieve Net Promoter Scores℠ (NPS®) in the 80s and 90s and year-over-year revenue growth. Extending intelligent workflows introduced last month, Subscriber Agent makes capabilities like ExperienceIQ® for managing family internet experiences, ProtectIQ® for securing home networks, and ScamWatchIQ™ for navigating online threats easier to access through natural conversations. Together with contextual alerts and billing integration, these capabilities in CommandIQ improve the connected-home experience for subscribers while keeping the service provider's brand front and center.
With Subscriber Agent in CommandIQ, subscribers can:
Better understand and optimize home networks to reduce support calls. Through natural voice or text conversations, subscribers can identify connected devices, investigate unfamiliar activity, and diagnose connectivity problems. They can also use personalized recommendations to improve Wi-Fi performance and resolve issues faster. Simplify household management to deepen engagement. Subscribers can ask the assistant to create guest networks with secure QR-code access, set expiration times, and establish recurring parental controls through natural conversations—reviewing changes before they take effect. By simplifying home network tasks, CommandIQ becomes a more useful experience subscribers return to regularly. Navigate security concerns to strengthen subscriber trust. Subscribers can better understand security alerts and get personalized guidance. They can then take informed action with SmartHome protections such as ProtectIQ and ExperienceIQ to make connected-home security easier to manage. To help service providers drive adoption of Subscriber Agent-powered AI assistance in CommandIQ and advance residential market success, Calix Success™ is releasing launch resources, customizable campaigns, and expert guidance. Through Calix University, Success events, and the Calix Community, service providers can access proven playbooks, ready-to-use campaign assets, and personalized support.
Katie Luckett, director of marketing, communications and education at Choptank Electric Cooperative, said: “I grew up as a Choptank member, so I know how important it is that the technology we offer feels useful, convenient, and worthy of the trust our community places in us. Subscriber Agent gives members a secure and more natural way to get help and manage their connected homes 24/7 simply by asking in their own words. For Choptank Fiber, that means empowering members to resolve everyday issues on their own—reducing routine support calls while keeping our team focused on those who need more assistance. Leveraging the Calix One platform gives us a trusted foundation to bring AI into our business in a way that feels practical, secure, and true to how we serve our members.”
Juergen Lindner, chief marketing officer at Calix, said: “In the past, digital experiences required people to figure out what to do next. Subscriber Agent changes that. A new conversational AI experience in CommandIQ makes it easy for subscribers to address their everyday issues around their connected homes, simply by asking for help. We are infusing decades of network experience into our AI-native Calix One platform, so we can move beyond smart answers into taking relevant action. For service providers, every subscriber interaction is an opportunity to deliver exceptional value, strengthen loyalty and brand differentiation with experiences subscribers actually crave.”
Learn more about Subscriber Agent in the refreshed CommandIQ mobile app—powered by Calix One.
About Calix
Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.
Through the AI-native Calix One platform, service providers can securely and privately activate agentic AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.
Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.
Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.
Net Promoter®, NPS®, NPS Prism®, and the NPS-related emoticons are registered trademarks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld. Net Promoter Score℠ and Net Promoter System℠ are service marks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld.
Shares of Calix, Inc (NYSE:CALX – Get Free Report) have received a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $63.86.
CALX has been the topic of a number of research reports. Wall Street Zen downgraded shares of Calix from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. JPMorgan Chase & Co. cut their price objective on Calix from $65.00 to $58.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Roth Capital reaffirmed a “buy” rating on shares of Calix in a report on Tuesday, July 21st. Zacks Research raised Calix from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 18th. Finally, Weiss Ratings upgraded shares of Calix from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 24th.
Read Our Latest Stock Analysis on CALX
Insider Activity at Calix In related news, Director Carl Russo sold 75,000 shares of Calix stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $36.20, for a total value of $2,715,000.00. Following the completion of the transaction, the director owned 1,569,188 shares in the company, valued at approximately $56,804,605.60. This trade represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 17.44% of the company’s stock. Institutional Investors Weigh In On Calix Several institutional investors have recently modified their holdings of the stock. Central Pacific Bank Trust Division purchased a new position in shares of Calix during the third quarter valued at approximately $213,000. Integrated Wealth Concepts LLC bought a new position in shares of Calix during the second quarter valued at approximately $126,000. Nykredit A S purchased a new stake in shares of Calix in the second quarter worth approximately $105,000. HighTower Advisors LLC raised its holdings in shares of Calix by 37.8% in the second quarter. HighTower Advisors LLC now owns 164,210 shares of the communications equipment provider’s stock worth $6,128,000 after buying an additional 45,081 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Calix in the second quarter worth approximately $1,641,000. 98.14% of the stock is owned by institutional investors.
Calix Trading Down 0.9% NYSE CALX opened at $35.98 on Thursday. Calix has a 12 month low of $32.35 and a 12 month high of $71.22. The stock’s 50 day moving average is $36.68 and its 200 day moving average is $39.46. The stock has a market cap of $2.27 billion, a PE ratio of 48.62 and a beta of 1.32.
Calix (NYSE:CALX – Get Free Report) last released its quarterly earnings data on Monday, July 20th. The communications equipment provider reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.07. Calix had a net margin of 4.61% and a return on equity of 6.17%. The firm had revenue of $293.33 million for the quarter, compared to analysts’ expectations of $289.96 million. During the same quarter last year, the business posted $0.33 earnings per share. The company’s revenue for the quarter was up 21.3% compared to the same quarter last year. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, analysts forecast that Calix will post 0.89 EPS for the current fiscal year.
Calix Company Profile (Get Free Report)
Calix, Inc (NYSE: CALX) provides cloud and software platforms, broadband access systems, and related services to communications service providers. Its solutions are designed to help providers deploy, manage, and monetize broadband networks while improving the subscriber experience across residential, business, and community markets.
The company’s offerings include the AXOS broadband access platform, Calix Cloud software, and a portfolio of hardware and subscriber-premises equipment. These products support fiber, fixed wireless, and other broadband networks and can provide capabilities such as network automation, analytics, Wi-Fi management, cybersecurity, and connected-home services.
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[url="]Calix, Inc.[/url] (NYSE: CALX) today announced that market-leading [url="]SmartLife[/url]⢠applications, used by millions of subscribers and delivered
SAN JOSE, Calif. & VIENNA--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) today announced that market-leading SmartLife™ applications, used by millions of subscribers and delivered by more than 1,000 service providers worldwide, are now available for prplOS-based devices. Designed to operate within open, prpl-compliant management environments, SmartLife subscriber applications give global providers a faster path to deliver differentiated experiences at scale without lengthy, bespoke integrations acr.
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that its board of directors increased the authorization to repurchase the Company's common stock by an additional $100 million under the existing stock repurchase program. The additional authorization is intended to provide the Company with greater flexibility to continue its disciplined capital allocation approach. Under the repurchase program, repurchases can be made from time to time using a variety of methods, which.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) today announced that BBT is extending their proven, experience-led growth strategy from residential broadband into the small business market by leveraging SmartBiz™ on the Calix One™ platform. After increasing residential average revenue per user (ARPU) 20 percent year over year, BBT has grown small business ARPU 13 percent in just nine months as SmartBiz adoption significantly exceeded their initial subscriber goal. Calix One gives BB.
Key Takeaways CALX completed a 50G-PON trial with Astound, showing a scalable path to expand network capacity.Calix's 50G-PON trial with Astound supports speeds up to 50 Gbps and flexible upstream capabilities.CALX works with XGS-PON, enabling higher capacity without replacing existing infrastructure. Calix, Inc. (CALX - Free Report) has announced the successful completion of a trial of its 50G-PON (passive optical network) access solution with Astound, demonstrating a scalable path for broadband providers to expand network capacity and introduce high-speed services without major network overhauls. The trial highlights Calix’s ability to help customers build on existing infrastructure while responding to growing demand for bandwidth-intensive connectivity.
The trial demonstrated that Calix’s 50G-PON technology supports downstream speeds of up to 50 gigabits per second, along with flexible upstream capabilities. The solution allows Astound to pursue growth across residential, business, wholesale and multi-tenant markets while reinforcing the Calix One platform, enabling operators to deploy new access technologies and services without replacing their broader network architecture.
The company’s solution can also operate alongside existing XGS-PON infrastructure while using the same AXOS-powered operational model, workflows and back-office integrations. This compatibility allows providers to add higher-capacity services while preserving their existing network and operational investments.
As demand grows for enterprise connectivity, dedicated access, wholesale transport, mobile x-haul and high-density multi-tenant environments, Calix’s technology can help operators scale their networks while maintaining operational flexibility.
Calix’s PeersBandwidth Inc. (BAND - Free Report) is advancing its communications capabilities by providing cloud-based voice, messaging and communications solutions for businesses. BAND’s platform helps enterprises manage communications through programmable APIs and software tools, supporting services such as voice, messaging and emergency communications. Bandwidth is focused on improving network reliability and expanding its communications services as the cloud communications market grows.
Anterix Inc. (ATEX - Free Report) is expanding private wireless broadband networks for utilities and critical infrastructure companies. ATEX’s 900 MHz spectrum supports secure, reliable communications for smart grid applications and other essential services. Anterix is working with industry partners to help utilities modernize their networks, improve connectivity and support the growing demand for reliable private wireless communications.
AppFolio, Inc. (APPF - Free Report) is upgrading its property management platform with artificial intelligence (AI)-powered tools through its Realm-X suite. The new capabilities by APPF can handle multi-step tasks, build custom workflows and dashboards, and use business data to help property managers work more efficiently. AppFolio has connected Realm-X with Anthropic’s Claude, allowing users to trigger complex property management tasks through AI while keeping the work within its platform, permissions and controls.
Published in automation communications tech-stocks
Trial validates a seamless path to higher-capacity services on Calix One, enabling providers to scale networks, pursue new revenue opportunities, and respond to evolving market demand
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Astound, a recognized leader in Wi-Fi, mobile, TV, and fiber optic solutions, has successfully completed a trial of the Calix 50G-PON (passive optical network) access solution. By enabling 50 gigabits per second of downstream speeds and flexible upstream speeds, the trial demonstrated how Astound can build upon their existing network and operational investments to deliver high-capacity, multi-gig converged services for both commercial and residential customers on a single, unified network where and when opportunities arise.
"This successful trial gives us confidence that the Calix 50G-PON solution can drive new revenue streams without incremental network or operational complexity," said Lamar Horton, SVP of engineering at Astound.
Share The trial also highlights that Astound can opt to rapidly and cost-effectively deploy 50G-PON offerings to pursue growth across residential, business, wholesale, and multi-tenant markets, as access innovation continues to advance for the Calix One™ platform. Building on more than a decade of collaboration, the trial reinforced the Calix commitment to open, standards-based interoperability—giving Astound greater flexibility and choice as the high-speed 50G-PON component ecosystem evolves.
Across the industry, service providers are recognizing a growing demand for enterprise- and carrier-grade connectivity along with other bandwidth-intensive services. Accordingly, their needs—including flexibility to add greater capacity, dedicated access, wholesale transport, mobile x-haul, and support for high-density multi-tenant environments—are expanding.
During their trial, Astound validated that 50G-PON operates seamlessly alongside their existing XGS-PON-enabled infrastructure, using the same AXOS®-powered operational model, workflows, and back-office integrations that support their business today. By leveraging a platform approach with the Calix One access solution, Astound can deploy services faster and evolve next-generation experiences in any market—without overhauling their network.
Lamar Horton, SVP of engineering at Astound, said: “This successful trial gives us confidence that the Calix 50G-PON solution can drive new revenue streams without incremental network or operational complexity. We now have a practical path to quickly act on emerging opportunities, deliver differentiated subscriber experiences, and win across increasingly competitive markets. Our 50G-PON readiness provides a major advantage as we advance our long-term growth strategy.”
Shane Eleniak, chief product officer at Calix, said: “Astound’s trial demonstrates how service providers can evolve to 50G-PON without disrupting how they operate today. That is the agility the AI-native Calix One platform delivers. Every new technology wave creates opportunity, whether it is 50G-PON, agentic AI, or the next innovation still to come. However, providers will only realize that opportunity when they can operationalize innovation at scale. The providers that win will be those who embrace a platform with open standards, enabling a simple model that supports continual evolution.”
Discover how service providers like Astound are leveraging Calix One to scale capacity, support new service opportunities, and continuously evolve their networks with 50G-PON.
About Calix
Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.
Through the AI-native Calix One platform, service providers can securely and privately activate agentic-AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.
Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.
Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE:CALX) today announced that on Monday, November 2, 2026, after market close, the company will post on the Calix Investor Relations website its third quarter stockholder letter for the period ended September 26, 2026. The posting of the stockholder letter will be announced over the newswire with a link to the letter to stockholders available at https://investor-relations.calix.com/. Calix will host a conference call to discuss these results the.
After using Calix One to reduce OPEX by nearly half a million dollars, Chariton Valley is investing in secure agentic workflows to transform a business built on strong subscriber relationships and a trusted local brand. Supported by a 15-year Calix partnership, they continue to deepen community ties—building ballfield fences and repainting libraries—while winning across residential, business, and community markets.
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Chariton Valley Telephone has adopted Calix Agent Workforce Cloud™ on the AI-native Calix One™ platform. The Missouri-based cooperative will use secure agentic workflows to scale a proven business model built on operational efficiency, responsive high-touch subscriber service, and community trust. With Calix, Chariton Valley has achieved an 88 Net Promoter Score℠ (NPS®) while reducing operating costs by nearly half a million dollars year-to-date.
"By combining secure agentic workflows with the relationships and local trust we’ve built over generations, we can continue creating experiences that competitors simply cannot replicate," said Ryan Johnson, president and CEO at Chariton Valley.
Share Chariton Valley has also accelerated subscriber activation by 80 percent, shortened mean time to repair by more than three hours in two years, and resolved nearly 65 percent of service tickets remotely. These gains help the cooperative maintain high service quality as their subscriber base grows, expand their fiber network, and acquire subscribers across residential, business, and community markets.
That operational strength helps Chariton Valley differentiate through experiences as new fiber providers and satellite alternatives bring more competition to rural markets. Their teams extend secure SmartHome™ experiences across subscribers’ properties, connect local businesses with SmartBiz™, and support community events with SmartTown® public Wi-Fi. Through the Co-ops in Action program Chariton Valley also partners with the local electric cooperative to improve the communities they serve, from building ballfield fences to repainting libraries. With Agent Workforce Cloud, Chariton Valley can now automate routine work, act on insights faster, and give employees more time to serve subscribers and strengthen community relationships.
Ryan Johnson, president and chief executive officer at Chariton Valley, said: “Everything we do comes back to delivering what we call the Ideal Customer Experience. Sales and support may have the first touch with a subscriber, but our technicians and installers often have the last touch. They leave the lasting impression. As competition grows, those moments matter more than ever. Agent Workforce gives our teams access to the intelligence, insights, and automation they need to act faster, solve problems sooner, and spend more time with the people we serve. By combining secure agentic workflows with the relationships and local trust we’ve built over generations, we can continue creating experiences that competitors simply cannot replicate.”
Chariton Valley is already using cloud-based capabilities of Calix One to generate weekly reports that help identify potential service issues and connect network insights with subscriber accounts. Agent Workforce Cloud can advance that approach by surfacing relevant information in real time, determining when action is required, and automating processes across the business. Each new AI-powered workflow will give technicians more time for installations and same-day repairs, while enabling other teams to focus on subscriber and community engagements that distinguish their cooperative.
John Durocher, chief operations officer at Calix, said: “What stands out about Chariton Valley is their ability to turn operational insight into action. Ryan and his team have built a culture rooted in measurement, accountability, and continuous improvement, using data to identify issues sooner, respond faster, and create better experiences for subscribers. With secure agentic workflows on Calix One, Chariton Valley can extend that discipline across the business, helping employees better prioritize work and focus more of their time on the subscribers and communities they serve. That’s how innovative service providers scale efficiently while preserving the local relationships that set them apart.”
Calix customers can access the Calix AI Leadership Playbook, explore the award-winning “AI Academy” in Calix University, and watch Calix Customer Success webinars.
About Calix
Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.
Through the AI-native Calix One platform, service providers can securely and privately activate agentic AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.
Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.
Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.
Net Promoter®, NPS®, NPS Prism®, and the NPS-related emoticons are registered trademarks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld. Net Promoter Score℠ and Net Promoter System℠ are service marks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld.
NEW YORK, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally recognized investor rights law firm, announces that it is investigating potential breaches of fiduciary duty by certain directors and officers of Calix, Inc. (“Calix” or the “Company”) (NYSE: CALX). The investigation seeks to determine whether the Company’s leadership fulfilled its obligations to shareholders and whether legal remedies may be available.
Current Calix Shareholders Are Encouraged to Contact the Firm
Do you currently own shares of Calix, Inc. (NYSE: CALX)?Did you purchase your shares before January 28, 2026?Would you like to learn more about your legal rights as a shareholder? Why Is Bernstein Liebhard Investigating?
Bernstein Liebhard is investigating whether certain directors and officers of Calix breached the fiduciary duties they owed to the Company and its shareholders. The investigation is focused on determining whether Company leadership acted in the best interests of shareholders and whether additional legal action may be appropriate based on publicly available information.
What Shareholders Should Do
If you currently own Calix stock and would like to discuss your legal rights or obtain additional information regarding the investigation, please visit the firm’s Calix Shareholder Investigation page or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected] for a confidential consultation.
About Bernstein Liebhard LLP
For more than three decades, Bernstein Liebhard LLP has represented investors in complex securities and shareholder litigation. Since 1993, the firm has recovered more than $3.5 billion for its clients and has been retained by many of the nation’s largest public and private pension funds to monitor investments and pursue claims on behalf of investors.
The firm’s accomplishments include recognition on The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and inclusion in The Legal 500 for sixteen consecutive years, reflecting its longstanding commitment to protecting shareholder rights.
ATTORNEY ADVERTISING. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
10 East 40th Street
New York, NY 10016
Phone: (212) 951-2030
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SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) today announced an expansion of Calix Agent Workforce Cloud™ on the AI-native Calix One™ platform, adding secure agentic workflows that help service providers operationalize AI across marketing, support, and operations. Building on the initial workflows introduced in May, the new agentic capabilities help teams collaborate seamlessly across functional boundaries—with humans in the loop—to create targeted campaigns and upsell offers, ac.
Calix, Inc. (NYSE: CALX) today announced an expansion of Calix Agent Workforce Cloud™ on the AI-native Calix One™ platform, adding secure agentic workflows that help service providers operationalize AI across marketing, support, and operations. Building on the initial workflows introduced in May, the new agentic capabilities help teams collaborate seamlessly across functional boundaries—with humans in the loop—to create targeted campaigns and upsell offers, accelerate troubleshooting and issue resolution, and detect and remediate network disruptions. Together, these workflows accelerate how service providers acquire subscribers, strengthen loyalty, and operate more efficiently.
The latest expansion to Agent Workforce Cloud introduces powerful capabilities for service providers:
Agentic workflows for campaign creation and upsell recommendations helpmarketing and support teams identify ready-to-buy subscribers, build targeted campaigns, and deliver personalized offers that drive subscriber growth. These workflows evolve platform capabilities that have increased monthly recurring revenue by as much as 500 percent.Agentic workflows for troubleshooting and resolution allow support teams to combine subscriber and network intelligence to guide troubleshooting and accelerate issue resolution during service disruptions. These workflows build on platform capabilities that have reduced inbound support calls by up to 88 percent.Agentic workflows for network detection and remediation enable operations teams to identify emerging issues sooner and accelerate remediation by unifying subscriber context and network health. These workflows advance platform capabilities that have reduced mean time to repair (MTTR) by up to 75 percent.Agentic workflows that enable subscriber self-service—coming soon—will help service providers extend intelligent, on-demand assistance directly to subscribers via the CommandIQ® mobile app. Subscribers will be able to identify issues, review recommended actions, approve changes, and resolve problems in real time through a guided experience. These workflows will grow the subscriber experiences that have helped service providers achieve industry-leading Net Promoter Scores℠ (NPS®) in the 70s, 80s, and 90s.Brooks Goodall, chief operations officer and assistant general manager at RTC Networks, said: “What makes Agent Workforce Cloud different is that it fits into the way our teams already work. Instead of asking employees to learn entirely new processes, AI is embedded into the workflows they use every day, helping teams move faster, make better decisions, and see value sooner. Our teams can spend less time on manual tasks and more time focused on what matters most: delivering secure, differentiated experiences to the communities we serve. With Calix One, AI is no longer a new tool we are experimenting with. We are actively working to make this an integral part of how we serve our subscribers and grow our business.”
As service providers move from AI pilots to operationalized AI, Agent Workforce Cloud helps them embed secure agentic workflows across marketing, service, and operations to deliver measurable business outcomes at predictable cost. Built on more than 26 years of broadband expertise and over $2 billion in platform investment, Calix One processes more than a petabyte of data daily and executes over 4.3 billion workflows annually, helping providers increase average revenue per user (ARPU), reduce churn and operating costs, and achieve industry-leading NPS.
Michael Weening, president and chief executive officer at Calix, said: “Anyone can build an agent, but achieving a sustainable ROI is a different story. At Calix, we have invested three years evolving our platform to be AI-native, deeply rooted in an understanding of our customers’ operations and identifying the workflows that enable them to deliver measurable business outcomes and sustainable ROI. Calix Agent Workforce Cloud turns that knowledge into trusted and secure agentic workflows that service providers can deploy at predictable cost, without the uncertainty of token-based pricing. These latest workflows are just the beginning. Now, we will deliver new capabilities faster and faster, helping our customers continuously transform their operations and compete to win in the AI era.”
Learn how service providers are operationalizing secure agentic workflows and transforming business outcomes with Calix Agent Workforce Cloud at ConneXions 2026.
About Calix
Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.
Through the AI-native Calix One platform, service providers can securely and privately activate agentic-AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.
Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.
Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.
Net Promoter®, NPS®, NPS Prism®, and the NPS-related emoticons are registered trademarks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld. Net Promoter Score℠ and Net Promoter System℠ are service marks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260917276297/en/
Engineers Gate Manager LP reduced its position in shares of Calix, Inc (NYSE:CALX – Free Report) by 35.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,602 shares of the communications equipment provider’s stock after selling 45,939 shares during the period. Engineers Gate Manager LP owned about 0.13% of Calix worth $3,120,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also modified their holdings of CALX. Smartleaf Asset Management LLC lifted its stake in Calix by 27.0% in the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the communications equipment provider’s stock valued at $64,000 after buying an additional 265 shares during the last quarter. Maryland State Retirement & Pension System increased its holdings in shares of Calix by 3.2% in the 4th quarter. Maryland State Retirement & Pension System now owns 8,813 shares of the communications equipment provider’s stock valued at $466,000 after acquiring an additional 270 shares during the period. Vident Advisory LLC increased its holdings in shares of Calix by 2.8% in the 4th quarter. Vident Advisory LLC now owns 10,570 shares of the communications equipment provider’s stock valued at $559,000 after acquiring an additional 287 shares during the period. Strs Ohio boosted its stake in Calix by 1.5% during the 1st quarter. Strs Ohio now owns 20,600 shares of the communications equipment provider’s stock worth $1,009,000 after purchasing an additional 300 shares during the period. Finally, Oregon Public Employees Retirement Fund grew its position in Calix by 3.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 13,800 shares of the communications equipment provider’s stock worth $730,000 after purchasing an additional 400 shares during the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth Several equities research analysts have recently weighed in on CALX shares. Wall Street Zen downgraded shares of Calix from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. JPMorgan Chase & Co. decreased their price objective on Calix from $65.00 to $58.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Rosenblatt Securities lowered their target price on Calix from $70.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, July 21st. Zacks Research upgraded Calix from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th. Finally, Roth Capital reiterated a “buy” rating on shares of Calix in a research report on Tuesday, July 21st. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $63.86.
Check Out Our Latest Analysis on CALX Insider Activity at Calix In other Calix news, Director Carl Russo sold 75,000 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $36.20, for a total transaction of $2,715,000.00. Following the transaction, the director directly owned 1,569,188 shares in the company, valued at approximately $56,804,605.60. This represents a 4.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.44% of the stock is owned by company insiders.
Calix Trading Down 0.3% Shares of CALX stock opened at $35.15 on Monday. The stock has a 50 day simple moving average of $37.97 and a 200-day simple moving average of $42.16. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 47.49 and a beta of 1.25. Calix, Inc has a 12-month low of $33.95 and a 12-month high of $71.22.
Calix (NYSE:CALX – Get Free Report) last released its quarterly earnings data on Monday, July 20th. The communications equipment provider reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.07. Calix had a return on equity of 6.17% and a net margin of 4.61%.The firm had revenue of $293.33 million during the quarter, compared to analysts’ expectations of $289.96 million. During the same quarter in the prior year, the business posted $0.33 earnings per share. Calix’s revenue was up 21.3% compared to the same quarter last year. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, equities analysts forecast that Calix, Inc will post 0.89 earnings per share for the current fiscal year.
Calix Company Profile (Free Report)
Calix, Inc is a communications technology company that provides broadband access systems, cloud software and managed services to communications service providers. Its solutions are designed to help service providers deploy, manage and monetize broadband networks while delivering services to residential, business and community customers.
The company’s portfolio includes the AXOS broadband platform, which supports fiber, fixed wireless and other access technologies, as well as Calix Cloud software for network management, analytics and operational insights.
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Squarepoint Ops LLC reduced its position in shares of Calix, Inc (NYSE:CALX – Free Report) by 79.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 95,753 shares of the communications equipment provider’s stock after selling 363,049 shares during the quarter. Squarepoint Ops LLC owned about 0.15% of Calix worth $3,574,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nykredit A S bought a new stake in shares of Calix in the 2nd quarter worth $105,000. HighTower Advisors LLC lifted its holdings in shares of Calix by 37.8% in the second quarter. HighTower Advisors LLC now owns 164,210 shares of the communications equipment provider’s stock valued at $6,128,000 after buying an additional 45,081 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Calix during the second quarter valued at about $1,641,000. California State Teachers Retirement System boosted its stake in Calix by 3,531.9% during the second quarter. California State Teachers Retirement System now owns 2,772,764 shares of the communications equipment provider’s stock valued at $103,480,000 after buying an additional 2,696,420 shares in the last quarter. Finally, AXQ Capital LP grew its holdings in Calix by 353.7% during the second quarter. AXQ Capital LP now owns 37,827 shares of the communications equipment provider’s stock worth $1,412,000 after acquiring an additional 29,490 shares during the period. 98.14% of the stock is owned by institutional investors.
Calix Stock Up 0.6% Shares of Calix stock opened at $35.15 on Friday. Calix, Inc has a 12-month low of $33.95 and a 12-month high of $71.22. The firm has a market capitalization of $2.21 billion, a PE ratio of 47.49 and a beta of 1.25. The stock’s fifty day moving average is $37.97 and its 200-day moving average is $42.24.
Calix (NYSE:CALX – Get Free Report) last released its quarterly earnings results on Monday, July 20th. The communications equipment provider reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.07. The business had revenue of $293.33 million during the quarter, compared to analyst estimates of $289.96 million. Calix had a return on equity of 6.17% and a net margin of 4.61%.Calix’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter last year, the company posted $0.33 EPS. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. Analysts expect that Calix, Inc will post 0.89 EPS for the current year. Analysts Set New Price Targets Several equities research analysts have commented on the stock. Northland Securities upgraded shares of Calix from a “market perform” rating to an “outperform” rating and set a $52.00 price target on the stock in a research report on Tuesday, July 21st. Roth Capital restated a “buy” rating on shares of Calix in a research report on Tuesday, July 21st. Weiss Ratings raised shares of Calix from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 24th. Rosenblatt Securities dropped their target price on shares of Calix from $70.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. cut their target price on shares of Calix from $65.00 to $58.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.86.
View Our Latest Report on CALX
Insider Buying and Selling In other Calix news, Director Carl Russo sold 75,000 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $36.20, for a total transaction of $2,715,000.00. Following the completion of the sale, the director directly owned 1,569,188 shares of the company’s stock, valued at approximately $56,804,605.60. This represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 17.44% of the company’s stock.
Calix Profile (Free Report)
Calix, Inc is a communications technology company that provides broadband access systems, cloud software and managed services to communications service providers. Its solutions are designed to help service providers deploy, manage and monetize broadband networks while delivering services to residential, business and community customers.
The company’s portfolio includes the AXOS broadband platform, which supports fiber, fixed wireless and other access technologies, as well as Calix Cloud software for network management, analytics and operational insights.
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NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally recognized investor rights law firm, announces that it is investigating potential breaches of fiduciary duty by certain directors and officers of Calix, Inc. (“Calix” or the “Company”) (NYSE: CALX). The investigation seeks to determine whether the Company’s leadership fulfilled its obligations to shareholders and whether legal remedies may be available.
Current Calix Shareholders Are Encouraged to Contact the Firm
Do you currently own shares of Calix, Inc. (NYSE: CALX)?Did you purchase your shares before January 28, 2026?Would you like to learn more about your legal rights as a shareholder?
Why Is Bernstein Liebhard Investigating?
Bernstein Liebhard is investigating whether certain directors and officers of Calix breached the fiduciary duties they owed to the Company and its shareholders. The investigation is focused on determining whether Company leadership acted in the best interests of shareholders and whether additional legal action may be appropriate based on publicly available information.
What Shareholders Should Do
If you currently own Calix stock and would like to discuss your legal rights or obtain additional information regarding the investigation, please visit the firm’s Calix Shareholder Investigation page or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected] for a confidential consultation.
About Bernstein Liebhard LLP
For more than three decades, Bernstein Liebhard LLP has represented investors in complex securities and shareholder litigation. Since 1993, the firm has recovered more than $3.5 billion for its clients and has been retained by many of the nation’s largest public and private pension funds to monitor investments and pursue claims on behalf of investors.
The firm’s accomplishments include recognition on The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and inclusion in The Legal 500 for sixteen consecutive years, reflecting its longstanding commitment to protecting shareholder rights.
ATTORNEY ADVERTISING. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
10 East 40th Street
New York, NY 10016
Phone: (212) 951-2030
Website: https://www.bernlieb.com
Email: [email protected]
Calix, Inc. (NYSE: CALX) today announced that Juergen Lindner has been appointed Calix chief marketing officer to lead its marketing organization. As a proven operator with extensive experience scaling software businesses, Juergen joins Calix at a pivotal moment as customers leverage secure agentic capabilities of the Calix One™ platform to deliver predictable outcomes, increase operational leverage, and accelerate growth. Across leadership roles at SAP, Oracle, and ServiceNow, Juergen has built and scaled global marketing organizations that have helped customers navigate industry-defining technology transitions and drive measurable business outcomes.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260901943104/en/
Juergen Lindner, Calix Chief Marketing Officer
Juergen Lindner, chief marketing officer at Calix, said: “Access to AI by itself is no longer a durable advantage. The ability to turn AI into outcomes is. Throughout my career, I’ve seen transformative technologies create enormous opportunity, but winning companies are those obsessed with customer outcomes and relentless in execution. AI is no different. It requires the right architecture, governance, and operational foundation to deliver measurable impact. Calix has built that foundation, backed by years of innovation and deeply trusted customer and partner relationships. I’m excited to build on that strength—making our value even clearer, accelerating the impact we deliver, and helping more customers realize the full potential of Calix One.”
Calix One unifies appliances, cloud, and software through the Calix Agent Workforce™ workflow engine. With strategic partners such as Google Cloud, Calix is extending the value of its platform across service providers and adjacent markets.
Michael Weening, president and chief executive officer at Calix, said: “As agentic AI continues to advance at an incredible pace, what got us here will not get us where we are going. Juergen brings firsthand experience helping one of the world's most influential software companies navigate technology transitions and adapt AI strategy into growth. His leadership will be invaluable as we build on our 15-year digital transformation journey and $2 billion investment to create Calix One, incorporating a secure and predictable engine for agentic workflows with Calix Agent Workforce. This positions us to enable every customer to lead the AI era. We welcome Juergen to Calix and look forward to what we will accomplish together as we help customers transform their businesses, expand our market opportunity, and create lasting value for our partners, team members, and shareholders.”
Read more about the Calix Executive Leadership Team.
About Calix
Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.
Through the AI-native Calix One platform, service providers can securely and privately activate agentic-AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.
Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.
Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260901943104/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) today announced that Juergen Lindner has been appointed Calix chief marketing officer to lead its marketing organization. As a proven operator with extensive experience scaling software businesses, Juergen joins Calix at a pivotal moment as customers leverage secure agentic capabilities of the Calix One™ platform to deliver predictable outcomes, increase operational leverage, and accelerate growth. Across leadership roles at SAP, Oracl.
BlackRock Inc. bought a new stake in Calix, Inc (NYSE:CALX – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,775,490 shares of the communications equipment provider’s stock, valued at approximately $439,461,000. BlackRock Inc. owned 18.70% of Calix at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in CALX. Farther Finance Advisors LLC raised its stake in Calix by 63.0% in the 4th quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider’s stock valued at $29,000 after acquiring an additional 213 shares during the period. Raymond James Financial Inc. bought a new position in Calix during the second quarter worth about $30,000. Harbor Investment Advisory LLC bought a new position in Calix during the second quarter worth about $31,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Calix by 24,733.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 745 shares of the communications equipment provider’s stock worth $39,000 after purchasing an additional 742 shares in the last quarter. Finally, Strive Financial Group LLC purchased a new position in shares of Calix in the fourth quarter worth about $40,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.
Insider Activity In related news, Director Carl Russo sold 75,000 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $36.20, for a total value of $2,715,000.00. Following the sale, the director owned 1,569,188 shares in the company, valued at approximately $56,804,605.60. This trade represents a 4.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 17.44% of the company’s stock.
Analysts Set New Price Targets CALX has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their price target on shares of Calix from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Rosenblatt Securities reduced their price objective on shares of Calix from $70.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday, July 21st. Northland Securities raised shares of Calix from a “market perform” rating to an “outperform” rating and set a $52.00 target price on the stock in a report on Tuesday, July 21st. Weiss Ratings upgraded Calix from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. Finally, Roth Capital reaffirmed a “buy” rating on shares of Calix in a report on Tuesday, July 21st. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.86. Check Out Our Latest Stock Analysis on Calix
Calix Trading Up 0.2% Shares of NYSE:CALX opened at $39.88 on Wednesday. The company has a 50 day moving average of $38.09 and a 200 day moving average of $43.70. The stock has a market cap of $2.51 billion, a P/E ratio of 53.89 and a beta of 1.24. Calix, Inc has a 12 month low of $34.26 and a 12 month high of $71.22.
Calix (NYSE:CALX – Get Free Report) last posted its earnings results on Monday, July 20th. The communications equipment provider reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.07. Calix had a net margin of 4.61% and a return on equity of 6.17%. The business had revenue of $293.33 million for the quarter, compared to analysts’ expectations of $289.96 million. During the same period in the prior year, the company posted $0.33 EPS. The business’s revenue for the quarter was up 21.3% compared to the same quarter last year. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, equities analysts forecast that Calix, Inc will post 0.89 earnings per share for the current fiscal year.
Calix Company Profile (Free Report)
Calix, Inc is a provider of cloud and software platforms, systems, and services that enable broadband service providers to transform their networks and subscriber experiences. The company’s flagship Calix Cloud platform delivers real-time analytics, automation and intelligence designed to simplify network operations, improve service agility and drive revenue growth. Calix also offers a comprehensive suite of premises and access systems, including broadband access nodes, fiber-to-the-home optics and residential gateways under the GigaSpire brand.
Through its software-defined network architecture, Calix helps service providers virtualize key network functions and introduce new services with minimal capital expenditure.
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New York, New York--(Newsfile Corp. - August 26, 2026) - Bernstein Liebhard LLP, a nationally recognized investor rights law firm, announces that it is investigating potential breaches of fiduciary duty by certain directors and officers of Calix, Inc. ("Calix" or the "Company") (NYSE: CALX). The investigation seeks to determine whether the Company's leadership fulfilled its obligations to shareholders and whether legal remedies may be available.
Current Calix Shareholders Are Encouraged to Contact the Firm
Do you currently own shares of Calix, Inc. (NYSE: CALX)?Did you purchase your shares before January 28, 2026?Would you like to learn more about your legal rights as a shareholder?Why Is Bernstein Liebhard Investigating?
Bernstein Liebhard is investigating whether certain directors and officers of Calix breached the fiduciary duties they owed to the Company and its shareholders. The investigation is focused on determining whether Company leadership acted in the best interests of shareholders and whether additional legal action may be appropriate based on publicly available information.
What Shareholders Should Do
If you currently own Calix stock and would like to discuss your legal rights or obtain additional information regarding the investigation, please visit the firm's Calix Shareholder Investigation page or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected] for a confidential consultation.
About Bernstein Liebhard LLP
For more than three decades, Bernstein Liebhard LLP has represented investors in complex securities and shareholder litigation. Since 1993, the firm has recovered more than $3.5 billion for its clients and has been retained by many of the nation's largest public and private pension funds to monitor investments and pursue claims on behalf of investors.
The firm's accomplishments include recognition on The National Law Journal's "Plaintiffs' Hot List" thirteen times and inclusion in The Legal 500 for sixteen consecutive years, reflecting its longstanding commitment to protecting shareholder rights.
ATTORNEY ADVERTISING. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311505
Source: Bernstein Liebhard LLP
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On August 26, 2026, Calix Inc CALX shares fell 3.7% to $38.36, continuing a downward trend following a 5.4% decline over the past week. The stock has seen a significant range over the past year, with a high of $71.22 and a low of $34.26.
GF Value™ verdict: CALX is currently priced at $38.36, presenting a 20.4% downside compared to the GF Value of $48.18. GF Score™ stands at 72/100, indicating an above-average performance relative to peers. Most notable signal: Financial Strength is rated 8/10, suggesting a solid balance sheet. Is CALX Overvalued or Undervalued? With a current price of $38.36, Calix Inc is considered undervalued according to GF Value™, which estimates the fair value of the stock at $48.18. This indicates a margin of safety of approximately 20.4% for potential investors. The GF Valuation label categorizes CALX as modestly undervalued, suggesting that the stock is trading below its intrinsic value. GF Value™ is determined through a combination of historical trading multiples, past business growth, and projections of future performance.
While the current price reflects some volatility, the undervaluation indicates a potential opportunity for investors. However, caution is warranted given the stock's significant decline of 27.5% year-to-date and 35.5% over the past year, which highlights market skepticism that could be attributed to broader economic factors or company-specific challenges.
How Does CALX's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 51.8x 75.5x Forward P/E 22.3x N/A Calix's current P/E ratio of 51.8x is substantially below its 5-year median of 75.5x, indicating that the stock is trading at a lower valuation compared to its historical averages. This P/E analysis aligns with the GF Value™ verdict of modest undervaluation, reinforcing the notion that CALX may be an attractive investment opportunity given its discounted valuation relative to its historical performance.
What Does CALX's GF Score™ Tell Us? The GF Score™ is a composite score that evaluates a company's financial health and potential for future growth based on various metrics. Calix Inc's GF Score™ of 72/100 indicates that the company performs well in several key categories, though there are areas that require attention.
Metric Rating GF Score™ 72 Financial Strength 8/10 Profitability 5/10 Growth 7/10 Valuation 8/10 Momentum 2/10 Calix's strongest area is its Financial Strength, rated 8/10, suggesting robust liquidity and solvency. However, its Momentum rank of 2/10 indicates significant challenges in maintaining upward price movement, reflecting recent declines and market sentiment. Overall, while CALX has solid financial foundations and a good growth outlook, its momentum issues could be a concern for short-term investors.
What Are Gurus and Insiders Doing with CALX? Currently, 3 gurus hold positions in Calix Inc, with an even split between those adding to their positions and those trimming their holdings in recent quarters. This indicates a mixed sentiment among experts regarding CALX's future performance.
Insider activity shows no transactions in the past 12 months, which may suggest a cautious approach among insiders who could be waiting for more favorable market conditions before making moves. This pattern of mixed guru sentiment, combined with the lack of insider trading, may indicate uncertainty about the company's trajectory, which could influence investor perceptions going forward.
What This Means for Investors Based on the GF Value™ assessment, Calix Inc CALX is currently undervalued, presenting a potential opportunity for investors looking for stocks trading below their intrinsic value. However, with recent price declines and mixed signals from market experts, it’s essential to consider the broader market context and company-specific factors before making investment decisions. For further details, you can explore the Calix Inc (CALX) stock page.
Frequently Asked Questions What is CALX's GF Score™?
Calix Inc's GF Score™ is 72/100, indicating above-average performance compared to its peers in several critical areas.
Is CALX overvalued or undervalued?
CALX is currently undervalued based on its GF Value™ of $48.18, which suggests a 20.4% upside from its current price.
What is CALX's P/E ratio?
Calix has a P/E TTM of 51.8x, which is significantly lower than its 5-year median of 75.5x, supporting the view that the stock is undervalued.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Combination of Calix Optical Network Terminal and Tantalus' TRUSense Gateway™
meets increasing demand for fiber-based, data-centric AMI deployments
Burnaby, British Columbia--(Newsfile Corp. - August 27, 2026) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, announced today that it is working with Calix, Inc. (NYSE: CALX) ("Calix") to jointly bring fiber-enabled applications to electric cooperative and municipal utilities. Calix, an AI platform company, enables service providers to transform their operations and accelerate delivery of differentiated experiences, so they can compete and win in the markets and communities they serve. As part of Calix's Partner Program, Tantalus expects to expand its sales channel and addressable market, especially within the electric cooperative segment, a core growth market for the Company.
This initiative represents a significant growth opportunity for both Tantalus and Calix, as more than 200 electric cooperatives across North America are currently in the process of deploying fiber networks. Tantalus' TRUSense Fiber Gateway and TRUConnect™ AMI platform, which are both part of the Tantalus Grid Modernization Platform™ (TGMP™), will be paired with Calix Optical Network Terminal (ONT) technology and the AI-native Calix One™ platform, enabling utilities with fiber investments to deploy next-generation AMI, enhanced broadband and accelerated grid optimization, as well as the integration of distributed energy resources (DERs) and behind-the-meter devices.
"Calix is a leader in enabling utilities to deploy fiber across their distribution grids," said Peter Londa, President and Chief Executive Officer of Tantalus. "Together, we're empowering utilities to turn those fiber investments into a foundation for faster, more cost-effective grid modernization that benefits the communities they serve."
In addition, Tantalus has tested the TRUSense Fiber Gateway in conjunction with Calix ONTs to confirm interoperability between the two companies' technologies, and the companies are ready for field deployment of their solutions. In fact, BrightRidge, a public power and broadband utility based in Johnson City, Tennessee, is one of the first joint Tantalus and Calix customers.
"BrightRidge has worked with Tantalus and Calix in our migration to an IP-based infrastructure. The Calix I-Temp Rated XGIA SFP+ ONT and the Tantalus TRUSense Fiber Gateway work together to ensure the robustness and reliability of our world-class network," said Adam Miller, BrightRidge AMI Manager. "We're doing this to take advantage of the advanced applications available today as well as in preparation for what's coming next."
An increasing number of utilities are leveraging fiber networks to drive more visibility, reliability and resilience across their distribution grids, and the collaboration between Tantalus and Calix is designed to benefit communities across North America.
"Grid modernization requires a fundamental evolution in how utility providers connect critical infrastructure," said Shane Eleniak, Chief Product Officer of Calix. "Those providers need real-time visibility across their networks and the ability to respond quickly to changing conditions in the field. That requires resilient, fiber-based communications. Through our partnership with Tantalus, we are helping utility providers maximize the value of their fiber investments with the AI-native Calix One platform, enabling greater operational intelligence and helping them better serve their communities."
About Tantalus Systems Holding Inc. (TSX: GRID) (OTCQX: TGMPF)
Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. The Company offers a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Our solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements. All our technology is grounded in a data-centric approach that is designed to help utilities find the most cost-effective path to grid modernization with the least risk. Ultimately, we deliver Unified Intelligence to utilities of all kinds, so they can leverage data and insights across their entire grid, no matter what devices, systems or vendors they choose to work with. Learn more at http://www.tantalus.com/
Forward-Looking Statement:
This news release includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events, including, but not limited to, the impact that joining Calix's partner program will have on the growth of Tantalus' sales channel and addressable market, the extent to which the joint solutions offered by Tantalus and Calix will support and enhance the grid modernization efforts of utilities, the demand by utilities for the combination of the solutions offered by Tantalus and Calix, the needs of utilities for grid modernization, and other statements that contain words such as "believe," "expect," "project," "should," "seek," "anticipate," "will," "intend," "positioned," "risk," "plan," "may," "estimate" or, in each case, their negative and words of similar meaning. By its nature, forward-looking information involves a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking information. These risks, uncertainties and assumptions could adversely affect the outcome of the plans and events described herein. Readers should not place undue reliance on forward-looking information, which is based on the information available as of the date of this news release and Tantalus disclaims any intention or obligation to update or revise any forward-looking information contained in this new release, whether as a result of new information, future events or otherwise, unless required by applicable law. The forward-looking information included in this news release is expressly qualified in its entirety by this cautionary statement.
Website: www.tantalus.com
LinkedIn: LinkedIn/company/tantalus
X (Formerly Twitter): @TantalusCorp
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311665
Source: Tantalus Systems Holding Inc.
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Deutsche Bank AG purchased a new stake in shares of Calix, Inc (NYSE:CALX – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 266,222 shares of the communications equipment provider’s stock, valued at approximately $9,935,000. Deutsche Bank AG owned about 0.42% of Calix at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of CALX. Farther Finance Advisors LLC increased its position in shares of Calix by 63.0% during the 4th quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider’s stock valued at $29,000 after purchasing an additional 213 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Calix in the 2nd quarter worth about $30,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Calix by 24,733.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 745 shares of the communications equipment provider’s stock worth $39,000 after buying an additional 742 shares during the last quarter. Strive Financial Group LLC bought a new position in Calix during the fourth quarter valued at about $40,000. Finally, Harbor Investment Advisory LLC bought a new position in Calix during the second quarter valued at about $31,000. 98.14% of the stock is currently owned by institutional investors.
Calix Trading Up 0.0% CALX opened at $40.13 on Monday. The stock has a market capitalization of $2.53 billion, a P/E ratio of 54.23 and a beta of 1.24. The stock has a 50-day moving average price of $38.03 and a 200-day moving average price of $43.83. Calix, Inc has a 12-month low of $34.26 and a 12-month high of $71.22.
Calix (NYSE:CALX – Get Free Report) last posted its quarterly earnings results on Monday, July 20th. The communications equipment provider reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.07. Calix had a return on equity of 6.17% and a net margin of 4.61%.The business had revenue of $293.33 million for the quarter, compared to analyst estimates of $289.96 million. During the same period last year, the company earned $0.33 EPS. Calix’s revenue for the quarter was up 21.3% compared to the same quarter last year. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, equities research analysts predict that Calix, Inc will post 0.89 EPS for the current year. Analysts Set New Price Targets CALX has been the subject of a number of research analyst reports. Rosenblatt Securities decreased their price objective on shares of Calix from $70.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, July 21st. Northland Securities upgraded shares of Calix from a “market perform” rating to an “outperform” rating and set a $52.00 target price on the stock in a research note on Tuesday, July 21st. Roth Capital reissued a “buy” rating on shares of Calix in a research report on Tuesday, July 21st. Wall Street Zen lowered shares of Calix from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Calix from $65.00 to $58.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $63.86.
Check Out Our Latest Research Report on CALX
Insider Transactions at Calix In other Calix news, Director Carl Russo sold 75,000 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $36.20, for a total value of $2,715,000.00. Following the transaction, the director owned 1,569,188 shares in the company, valued at approximately $56,804,605.60. The trade was a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.44% of the stock is currently owned by company insiders.
Calix Company Profile (Free Report)
Calix, Inc is a provider of cloud and software platforms, systems, and services that enable broadband service providers to transform their networks and subscriber experiences. The company’s flagship Calix Cloud platform delivers real-time analytics, automation and intelligence designed to simplify network operations, improve service agility and drive revenue growth. Calix also offers a comprehensive suite of premises and access systems, including broadband access nodes, fiber-to-the-home optics and residential gateways under the GigaSpire brand.
Through its software-defined network architecture, Calix helps service providers virtualize key network functions and introduce new services with minimal capital expenditure.
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[url="]Calix, Inc.[/url] (NYSE: CALX) today announced that southern Mississippi electric cooperative [url="]CoastConnect[/url] is investing in [url="]Calix Agen
A month has gone by since the last earnings report for Calix (CALX - Free Report) . Shares have added about 4.5% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Calix due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
Calix’s Q2 Earnings Beat Estimates on Healthy Revenue Growth
Calix, Inc. reported strong second-quarter 2026 results, with both top and bottom lines surpassing the Zacks Consensus Estimate.
The company posted a strong 21% year-over-year increase in revenues, driven by robust demand from broadband providers, increased adoption of its appliance-based platform and continued expansion of its cloud and managed services among new and existing customers.
Net Income
Net income on a GAAP basis was $17.1 million or 26 cents per share against a net loss of $0.2 million or near breakeven per share in the year-ago quarter. Top-line growth boosted the bottom line during the quarter.
Non-GAAP net income in the reported quarter was $30.6 million or 47 cents per share compared with $22.2 million or 33 cents per share in the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate by 7 cents.
Revenues
Net sales increased to $293.3 million from $241.9 million in the year-ago quarter, primarily driven by steady growth in both Appliance and Software and service segments. The top line beat the consensus estimate of $289.9 million.
In the second quarter of 2026, revenues from the Appliance segment were $242.8 million compared with $198.1 million in the year-earlier quarter. Sales increased due to higher demand from broadband providers for its Access Edge and Experience Edge appliances. Revenues from the Software and service segment were $50.5 million, up 15.5% year over year, driven by higher demand for Calix Cloud, managed services and software licenses.
Other Details
Non-GAAP gross profit was $160.8 million compared with $137.3 million in the year-ago quarter, with respective margins of 54.8% and 56.8%. Non-GAAP operating expenses totaled $122.2 million compared with $111.1 million in the year-ago period. Non-GAAP operating income was $38.5 million compared with $26.2 million in the year-ago quarter. At the end of the second quarter of 2026, total remaining performance obligations have increased 11% year over year to $386.4 million.
Cash Flow & Liquidity
In the second quarter of 2026, Calix generated $16.5 million of net cash from operating activities compared with $39.4 million in the year-ago quarter. During the first six months, the company generated $31.1 million in cash compared with $56.6 million in the year-ago quarter. As of June 27, 2026, the company had $68.9 million in cash and cash equivalents and $11.2 million in operating leases. During the quarter, the company repurchased 1.6 million shares for $69.4 million.
Outlook
For the third quarter of 2026, revenues are expected to be in the range of $301-$307 million. Management estimates non-GAAP earnings per share in the band of 37-45 cents. Non-GAAP gross margin is expected in the range of 50.5-53.5%. Non-GAAP operating expenses are expected to be between $123.5 million and $125.5 million.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in fresh estimates.
The consensus estimate has shifted -5.97% due to these changes.
VGM ScoresCurrently, Calix has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. Following the exact same course, the stock was allocated a score of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Calix has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) today announced that southern Mississippi electric cooperative CoastConnect is investing in Calix Agent Workforce™ Cloud to accelerate the delivery of exceptional experiences across residential, business, and community markets. Working closely with award-winning Calix Success™, they aligned their data and teams to streamline adoption of secure agentic workflows and see quicker returns on their investment. With this strategic foundation.
New York, New York--(Newsfile Corp. - August 18, 2026) - Bernstein Liebhard LLP, a nationally recognized investor rights law firm, announces that it is investigating potential breaches of fiduciary duty by certain directors and officers of Calix, Inc. ("Calix" or the "Company") (NYSE: CALX). The investigation seeks to determine whether the Company's leadership fulfilled its obligations to shareholders and whether legal remedies may be available.
Current Calix Shareholders Are Encouraged to Contact the Firm
Do you currently own shares of Calix, Inc. (NYSE: CALX)?Did you purchase your shares before January 28, 2026?Would you like to learn more about your legal rights as a shareholder?Why Is Bernstein Liebhard Investigating?
Bernstein Liebhard is investigating whether certain directors and officers of Calix breached the fiduciary duties they owed to the Company and its shareholders. The investigation is focused on determining whether Company leadership acted in the best interests of shareholders and whether additional legal action may be appropriate based on publicly available information.
What Shareholders Should Do
If you currently own Calix stock and would like to discuss your legal rights or obtain additional information regarding the investigation, please visit the firm's Calix Shareholder Investigation page or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected] for a confidential consultation.
About Bernstein Liebhard LLP
For more than three decades, Bernstein Liebhard LLP has represented investors in complex securities and shareholder litigation. Since 1993, the firm has recovered more than $3.5 billion for its clients and has been retained by many of the nation's largest public and private pension funds to monitor investments and pursue claims on behalf of investors.
The firm's accomplishments include recognition on The National Law Journal's "Plaintiffs' Hot List" thirteen times and inclusion in The Legal 500 for sixteen consecutive years, reflecting its longstanding commitment to protecting shareholder rights.
ATTORNEY ADVERTISING. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310256
Source: Bernstein Liebhard LLP
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Bank of America Corp DE increased its holdings in shares of Calix, Inc (NYSE: CALX) by 63.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 750,117 shares of the communications equipment provider's stock after purchasing an additional
Advancing and facilitating trusted partnerships with 100+ electric cooperatives and utility providers, Calix introduces secure grid monitoring capabilities—supported by the newly launched GigaPro ONT—to improve the reliability and resiliency of communications infrastructure while protecting critical assets
SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced a grid monitoring solution on the AI-native Calix One™ platform. Extending platform capabilities to utility providers, the solution combines the newly launched GigaPro® GPR1011XH optical network terminal (ONT), AXOS®-powered E-Series access appliances, and network operations tools on a standards-based passive optical network (PON) architecture. Building on insights from utility industry leaders Conexon and Irby Utilities, Calix is expanding trusted partnerships with more than 100 electric cooperatives, municipalities, and utility providers through grid monitoring capabilities that enable secure, cost-effective management of critical grid assets over resilient, intelligent communications infrastructure.
“By leveraging the Calix One platform, now enhanced with its grid monitoring solution, providers can leverage fiber infrastructure to modernize critical communications,” said Patrick Reams, vice president of technology and communications at Irby Utilities.
Share As utilities invest billions to modernize the electric grid, mission-critical grid operations increasingly depend on highly resilient, reliable communications networks as much as power infrastructure. Electric cooperatives, which own and maintain nearly 42 percent of U.S. electric distribution lines, are at the center of this transformation. Drawing on decades of experience helping electric cooperatives operate and scale their broadband networks, Calix has enabled exceptional business outcomes, including reducing OSS/BSS integration from 18 months to just 10 weeks, turning up subscribers 83 percent faster, reducing mean time to repair 75 percent, and lowering operating costs up to 50 percent.
Providers can now expand their Calix partnerships and better serve their utility markets with a solution that delivers:
A purpose-built ONT appliance for utility environments. The compact, hardened GigaPro GPR1011XH fits into existing field cabinets for indoor and outdoor deployments, enabling utility providers to deploy reliable, low-latency fiber communications deeper into their network while avoiding costly upgrades. Secure, modernized utility communications networks. The GigaPro ONT is DC-powered and attaches to XGS-PON to deliver 10GE LAN connectivity, helping utility providers replace fragmented legacy architectures with a scalable, secure fiber-based solution that provides integrated Advanced Encryption Standard (AES) data encryption. Centralized operations across distributed infrastructure. The Calix One platform will deliver agentic capabilities for utilities to increase visibility of grid assets and communications networks, helping them proactively monitor, manage, and troubleshoot critical infrastructure. Greater value from existing fiber investments. Ecosystem integrations with partners like Conexon and Irby Utilities extend grid monitoring capabilities over existing fiber infrastructure—reducing deployment complexity and accelerating modernization initiatives. Flexible deployment options for utility providers. Calix E-series access appliances—powered by AXOS—extend secure, reliable, fiber-based connectivity to substations, remote sites, and other critical infrastructure locations, supporting a scalable foundation for grid modernization. Carl Meyerhoefer, senior vice president of business development at Conexon, said: “We built our fiber network to provide every electric cooperative partner with a fiber foundation for smart grid connectivity—enabling both grid monitoring and broader modernization initiatives. Many early adopters are already putting these capabilities to work. With the new GigaPro ONT appliance, Calix is delivering a purpose-built solution that will help our member cooperatives accelerate deployment and expand the value of smart grid and electric membership cooperative services across their networks.”
Patrick Reams, vice president of technology and communications at Irby Utilities, said: “Working with utility providers across the country, we see firsthand how rapidly communications requirements are changing as grid modernization initiatives accelerate. Electric cooperatives and utility providers are looking for secure, resilient networks that can support future innovations—including real-time HD video surveillance. By leveraging the Calix One platform, now enhanced with its grid monitoring solution, providers can leverage fiber infrastructure to modernize critical communications, improve operational visibility, simplify operations, and establish a long-term foundation for grid transformation.”
Shane Eleniak, chief product officer at Calix, said: “The future of the grid depends on the same element that transformed rural communities: trusted communications infrastructure. Drawing on our longstanding partnerships with fiber providers, many of which stretch back decades, we are excited to extend the Calix One platform to connect grid monitoring appliances to utility network operations centers. As communications and energy converge, providers now have a single, intelligent, and secure platform that helps them operate critical infrastructure, automate work with AI, and deliver differentiated experiences that strengthen the communities they serve.”
Learn how Calix is enabling utility providers to modernize grid communications with secure, scalable fiber infrastructure.
About Calix
Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.
Through the AI-native Calix One platform, service providers can securely and privately activate agentic AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.
Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.
Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) today expanded its SmartHome™ portfolio on the Calix One™ platform with ScamWatchIQ™ and ScamPRO™, enabling service providers to help subscribers stay ahead of increasingly sophisticated and rapidly growing threats targeting their identities, accounts, and personal information. ScamWatchIQ is included with SmartHome to help subscribers stay informed about emerging scams, identity threats, and email account compromises. The premium add-.
NEW YORK, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP , a nationally recognized investor rights law firm, announces that it is investigating potential breaches of fiduciary duty by certain directors and officers of Calix, Inc. (“Calix” or the “Company”) (NYSE: CALX). The investigation seeks to determine whether the Company's leadership fulfilled its obligations to shareholders and whether legal remedies may be available.
On August 11, 2026, Calix Inc CALX shares rose 3.8% to a current price of $39.62, within a 52-week range of $34.26 to $71.22. Despite today's positive movement, the stock has faced significant downward pressure over the past year, with a decline of 30.1% year-over-year.
GF Value™ verdict: Current price is $39.62, which is 17.0% below the GF Value™ estimate of $47.73. GF Score™ of 80/100 indicates a strong overall assessment of the stock. No insider transactions have occurred in the last 3 months, indicating a potential lack of insider confidence. Is CALX Overvalued or Undervalued? Calix Inc's current stock price of $39.62 is significantly below its GF Value™ estimate of $47.73, suggesting that the stock is undervalued by approximately 17.0%. This discrepancy presents a potential opportunity for investors if the company's fundamentals support a rebound towards its intrinsic value. The GF Value™ is GuruFocus' proprietary estimate of a stock's intrinsic worth, derived from historical trading multiples, past business growth, and future performance expectations. Therefore, the current valuation may offer a margin of safety for potential investors.
However, while the undervaluation signals a possible buying opportunity, it is essential to consider the broader market conditions and the company's performance metrics. The GF Valuation label categorizes CALX as "Modestly Undervalued," which aligns with the potential for recovery, albeit with caution regarding market volatility and economic factors that could affect future performance.
How Does CALX's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 53.5x 75.4x Forward P/E 22.6x N/A Currently, CALX is trading at a P/E (TTM) of 53.5x, which is 29% below its 5-year median P/E of 75.4x. The forward P/E of 22.6x further indicates that the stock may be poised for a valuation correction in the future, reinforcing the GF Value™ assessment of the stock being undervalued. This analysis suggests that CALX is trading below its historical valuation levels, aligning with the favorable outlook indicated by the GF Value™.
What Does CALX's GF Score™ Tell Us? The GF Score™ evaluates a stock based on several factors, including financial strength, profitability, growth, valuation, and momentum. A score of 80/100 for CALX indicates a strong overall position, with the highest rankings in growth and valuation, indicating effective management and potential for future growth.
Metric Rating GF Score™ 80 Financial Strength 8/10 Profitability 5/10 Growth 8/10 Valuation 8/10 Momentum 4/10 CALX demonstrates strong financial strength with a rating of 8/10, indicating solid fundamentals. The growth rank of 8/10 is also noteworthy, suggesting potential for expansion. However, the momentum rank of 4/10 signals that the stock may not currently be experiencing strong upward price movement, which is something to monitor going forward. Overall, the balance of strong growth and valuation metrics, tempered by average profitability and momentum, presents a mixed yet promising scenario for CALX.
What Are Gurus and Insiders Doing with CALX? Currently, five gurus hold Calix Inc CALX , with three increasing their positions and four trimming theirs in recent quarters. This mixed activity indicates a degree of uncertainty among institutional investors, with some showing confidence in the stock's potential while others are cautious. The lack of insider buying or selling in the last three months suggests stable insider confidence, although the absence of activity may also raise questions about management’s outlook.
This pattern of guru activity is particularly noteworthy, as it provides insights into institutional sentiment that is not available from other financial analysis platforms. The mixed signals from guru ownership may reflect differing expectations about CALX's future performance amidst its current valuation.
What This Means for Investors Based on the GF Value™ analysis, Calix Inc CALX is currently undervalued, presenting a potential opportunity for investors to acquire shares at a discount relative to its intrinsic value. The strong GF Score™ and financial strength indicators suggest that despite recent challenges, CALX may recover and provide long-term growth. For further details, you can visit the Calix Inc (CALX) stock page and explore more insights on its GF Value™ page.
Frequently Asked Questions What is CALX's GF Score™?
CALX has a GF Score™ of 80/100, indicating a strong overall assessment based on key financial and operational metrics.
Is CALX overvalued or undervalued?
According to the GF Value™, CALX is currently undervalued by 17.0%, suggesting a potential opportunity for investors.
What is CALX's P/E ratio?
CALX's P/E (TTM) is 53.5x, which is 29% below its 5-year median P/E of 75.4x, indicating that it is trading below its historical valuation levels.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
After increasing ARPU by 22 percent and reducing monthly churn 46 percent in two years, RTC Networks is deepening their investment in the AI-native Calix One platform, developing secure agentic workflows to drive higher revenue and fuel long-term growth
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced that RTC Networks is leveraging the AI-native Calix One™ platform and Calix Agent Workforce™ Cloud to advance their five-year growth strategy, a blueprint for the future of their connected communities. With secure agentic workflows on Calix One, the North Dakota communications cooperative is accelerating transformation across marketing, support, and operations teams. Agentic capabilities are expected to help employees onboard faster, resolve questions with fewer escalations, and access guidance quickly and easily during live support calls. As RTC Networks continues to introduce greater intelligence and operational efficiencies with Calix, the cooperative will accelerate the delivery of experiences to better compete and win residential, business, and community markets.
"With Calix Agent Workforce, employees will be able to find answers more easily, resolve issues with greater confidence during troubleshooting, and onboard faster," said Brooks Goodall, assistant general manager at RTC Networks.
Share Since 2008, RTC Networks has partnered with Calix—leveraging both the Calix platform and deep engagements with Calix Success™—to build a repeatable engine for growth, subscriber loyalty, and operational excellence. Acting on insights from a Calix Business Insights loyalty analysis, RTC Networks optimized their investment in SmartHome™ experiences for residential members, including increased adoption of their personalized CommandIQ® mobile app. These efforts increased average revenue per user (ARPU) by 22 percent and reduced monthly churn by 46 percent. RTC Networks also partnered with Calix Success to strengthen employee readiness and operational consistency while serving business subscribers, helping achieve a 97 percent installation success rate for SmartBiz™ upgrades. Now, RTC Networks is extending that proven operating model with Calix One and AI-powered workflows.
Brooks Goodall, assistant general manager at RTC Networks, said: “We are preparing RTC Networks for where our business will be five years from now, not where it is today. With Calix Agent Workforce, employees will be able to find answers more easily, resolve issues with greater confidence during troubleshooting, and onboard faster. As our teams gain more hands-on experience with secure agentic workflows, they are also embracing AI as a practical tool for serving subscribers faster and more effectively. The early benefits we saw with Calix One encouraged our leadership to expand access across the cooperative within weeks of deployment, helping us build the operational readiness we need to support long-term business growth and achieve our goals.”
John Durocher, chief operations officer at Calix, said: “RTC Networks has a clear vision for the future and a proven approach for long-term growth. They have already shown how a disciplined, data-driven focus on subscriber experience across residential and business markets can help them compete and win. Now, they are applying that same approach to how work gets done using AI-powered workflows. The result is greater efficiency and more consistent experiences. By embedding secure agentic workflows into everyday work with Calix One and Calix Agent Workforce Cloud, RTC Networks is creating a more predictable and scalable operating model that drives subscriber loyalty and higher revenue. We are proud to partner with RTC Networks as they continue building on that success for years to come.”
Calix customers can access the Calix AI Leadership Playbook, explore the award-winning “AI Academy” in Calix University, or register for upcoming Calix Customer Success webinars.
About Calix
Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.
Through the AI-native Calix One platform, service providers can securely and privately activate agentic-AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.
Calix innovation cycles are underpinned by a strong financial balance sheet and a people‑first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.
Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.
NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally recognized investor rights law firm, announces that it is investigating potential breaches of fiduciary duty by certain directors and officers of Calix, Inc. (“Calix” or the “Company”) (NYSE: CALX). The investigation seeks to determine whether the Company’s leadership fulfilled its obligations to shareholders and whether legal remedies may be available.
Current Calix Shareholders Are Encouraged to Contact the Firm
Do you currently own shares of Calix, Inc. (NYSE: CALX)?Did you purchase your shares before January 28, 2026?Would you like to learn more about your legal rights as a shareholder?
Why Is Bernstein Liebhard Investigating?
Bernstein Liebhard is investigating whether certain directors and officers of Calix breached the fiduciary duties they owed to the Company and its shareholders. The investigation is focused on determining whether Company leadership acted in the best interests of shareholders and whether additional legal action may be appropriate based on publicly available information.
What Shareholders Should Do
If you currently own Calix stock and would like to discuss your legal rights or obtain additional information regarding the investigation, please visit the firm’s Calix Shareholder Investigation page or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected] for a confidential consultation.
About Bernstein Liebhard LLP
For more than three decades, Bernstein Liebhard LLP has represented investors in complex securities and shareholder litigation. Since 1993, the firm has recovered more than $3.5 billion for its clients and has been retained by many of the nation’s largest public and private pension funds to monitor investments and pursue claims on behalf of investors.
The firm’s accomplishments include recognition on The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and inclusion in The Legal 500 for sixteen consecutive years, reflecting its longstanding commitment to protecting shareholder rights.
ATTORNEY ADVERTISING. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
10 East 40th Street
New York, NY 10016
Phone: (212) 951-2030
Website: https://www.bernlieb.com
Email: [email protected]
Investors in Calix, Inc. (CALX - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct. 16, 2026 $27.50 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Calix shares, but what is the fundamental picture for the company? Currently, Calix is a Zacks Rank #3 (Hold) in the Internet - Software industry that ranks in the Bottom 44% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while three analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 48 cents per share to 42 cents in that period.
Given the way analysts feel about Calix right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Bank of New York Mellon Corp reduced its stake in shares of Calix, Inc (NYSE:CALX – Free Report) by 4.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 387,460 shares of the communications equipment provider’s stock after selling 18,421 shares during the period. Bank of New York Mellon Corp owned 0.61% of Calix worth $18,982,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC raised its position in shares of Calix by 63.0% during the fourth quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider’s stock worth $29,000 after acquiring an additional 213 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Calix in the second quarter valued at approximately $30,000. Caitong International Asset Management Co. Ltd boosted its holdings in Calix by 24,733.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 745 shares of the communications equipment provider’s stock valued at $39,000 after acquiring an additional 742 shares during the last quarter. Strive Financial Group LLC acquired a new stake in Calix during the 4th quarter valued at approximately $40,000. Finally, Smartleaf Asset Management LLC increased its position in Calix by 27.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the communications equipment provider’s stock valued at $64,000 after purchasing an additional 265 shares during the period. 98.14% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Calix In other news, Director Carl Russo sold 75,000 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $36.20, for a total transaction of $2,715,000.00. Following the transaction, the director owned 1,569,188 shares of the company’s stock, valued at $56,804,605.60. This represents a 4.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 17.44% of the company’s stock.
Calix Stock Down 4.3% NYSE:CALX opened at $35.50 on Thursday. The company has a fifty day moving average of $38.11 and a 200-day moving average of $45.64. The firm has a market capitalization of $2.24 billion, a P/E ratio of 47.98 and a beta of 1.23. Calix, Inc has a twelve month low of $34.26 and a twelve month high of $71.22.
Calix (NYSE:CALX – Get Free Report) last issued its earnings results on Monday, July 20th. The communications equipment provider reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.07. The business had revenue of $293.33 million for the quarter, compared to analyst estimates of $289.96 million. Calix had a net margin of 4.61% and a return on equity of 6.17%. Calix’s revenue was up 21.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.33 earnings per share. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, analysts anticipate that Calix, Inc will post 0.89 EPS for the current fiscal year.
Calix declared that its board has authorized a share repurchase program on Tuesday, April 21st that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the communications equipment provider to repurchase up to 3% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its shares are undervalued.
Analyst Upgrades and Downgrades CALX has been the subject of several analyst reports. Zacks Research lowered shares of Calix from a “hold” rating to a “strong sell” rating in a report on Monday, July 20th. Northland Securities upgraded shares of Calix from a “market perform” rating to an “outperform” rating and set a $52.00 price objective for the company in a research report on Tuesday, July 21st. Wall Street Zen downgraded shares of Calix from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Roth Capital reissued a “buy” rating on shares of Calix in a research note on Tuesday, July 21st. Finally, Rosenblatt Securities dropped their target price on shares of Calix from $70.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.86.
Read Our Latest Stock Analysis on CALX
Calix Profile (Free Report)
Calix, Inc is a provider of cloud and software platforms, systems, and services that enable broadband service providers to transform their networks and subscriber experiences. The company’s flagship Calix Cloud platform delivers real-time analytics, automation and intelligence designed to simplify network operations, improve service agility and drive revenue growth. Calix also offers a comprehensive suite of premises and access systems, including broadband access nodes, fiber-to-the-home optics and residential gateways under the GigaSpire brand.
Through its software-defined network architecture, Calix helps service providers virtualize key network functions and introduce new services with minimal capital expenditure.
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NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally recognized investor rights law firm, announces that it is investigating potential breaches of fiduciary duty by certain directors and officers of Calix, Inc. (“Calix” or the “Company”) (NYSE: CALX). The investigation seeks to determine whether the Company’s leadership fulfilled its obligations to shareholders and whether legal remedies may be available.
Current Calix Shareholders Are Encouraged to Contact the Firm
Do you currently own shares of Calix, Inc. (NYSE: CALX)?Did you purchase your shares before January 28, 2026?Would you like to learn more about your legal rights as a shareholder?
Why Is Bernstein Liebhard Investigating?
Bernstein Liebhard is investigating whether certain directors and officers of Calix breached the fiduciary duties they owed to the Company and its shareholders. The investigation is focused on determining whether Company leadership acted in the best interests of shareholders and whether additional legal action may be appropriate based on publicly available information.
What Shareholders Should Do
If you currently own Calix stock and would like to discuss your legal rights or obtain additional information regarding the investigation, please visit the firm’s Calix Shareholder Investigation page or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected] for a confidential consultation.
About Bernstein Liebhard LLP
For more than three decades, Bernstein Liebhard LLP has represented investors in complex securities and shareholder litigation. Since 1993, the firm has recovered more than $3.5 billion for its clients and has been retained by many of the nation’s largest public and private pension funds to monitor investments and pursue claims on behalf of investors.
The firm’s accomplishments include recognition on The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and inclusion in The Legal 500 for sixteen consecutive years, reflecting its longstanding commitment to protecting shareholder rights.
ATTORNEY ADVERTISING. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
10 East 40th Street
New York, NY 10016
Phone: (212) 951-2030
Website: https://www.bernlieb.com
Email: [email protected]
, /PRNewswire/ -- Schall Brown & Schwartz LLP, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Calix, Inc. ("Calix" or "the Company") (NYSE: CALX) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
If you purchased Calix, Inc. securities you may be entitled to compensation without payment of any out-of-pocket fees or costs. Shareholders who purchased shares of CALX during the class period listed are encouraged to contact SBS to find out if they are eligible to recover their losses or lead this lawsuit. Appointment as lead plaintiff is not required to partake in any recovery. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
CLASS PERIOD: January 28, 2026 to April 21, 2026
DEADLINE: July 27, 2026
If you are a shareholder who suffered a loss, click here to participate.
Details of the Case: According to the Complaint, the Company made false and misleading statements to the market. Calix's Q1 margins benefited from the advanced purchasing of memory components. The Company's supply of these memory components was rapidly decreasing due to these advanced orders. The Company's margin faced negative pressure based on the purchase of memory at increasing market prices. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Calix, investors suffered damages.
We encourage investors to contact Adam Rosen and David Schwartz of Schall Brown & Schwartz, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Join the case to recover your losses
Why SBS: Schall Brown & Schwartz represents investors around the world, specializing in securities class action lawsuits and shareholder rights litigation. SBS brings together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz. SBS attorneys and their co-counsel are responsible for recovering over a billion dollars for violations of securities laws and corporate misfeasance.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.