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Calix, Inc (CALX) Stock Analysis

Falling Knife setup

SellModerate Confidence

Technology · Software - Infrastructure

Sell if holding. Engine safety override at $42.15: Risk below floor (2.7 < 3.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.7/10 and A.R:R 3.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 13%; Elevated put/call ratio: 13.29; Negative price momentum.

Calix develops a cloud, software, and AI-powered managed services platform enabling broadband communication service providers to simplify operations and offer subscriber experience services. Revenue comes from hardware appliances, cloud subscriptions, and managed services sold... Read more

$42.15+36.2% A.UpsideScore 5.7/10#35 of 80 Software - Infrastructure
Stop $39.53Target $57.42(analyst − 13%)A.R:R 3.3:1
Analyst target$66.00+56.6%6 analysts
$57.42our TP
$42.15price
$66.00mean
$85

Sell if holding. Engine safety override at $42.15: Risk below floor (2.7 < 3.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.7/10 and A.R:R 3.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 13%; Elevated put/call ratio: 13.29; Negative price momentum. Chart setup: Death cross, below all MAs, RSI 32, MACD bearish. Score 5.7/10, moderate confidence.

Passes 6/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 81d clear, semi cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA). Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Supplier: sole-source or limited-source suppliers
Risk below floor (2.7 < 3.0)

Key Metrics

P/E (TTM)85.1
P/E (Fwd)16.6
Mkt Cap$2.7B
EV/EBITDA42.2
Profit Mgn3.2%
ROE4.5%
Rev Growth27.1%
Beta1.53
DividendNone
Rating analysts14

Quality Signals

Piotroski F8/9

Options Flow

P/C13.29bearish
IV56%elevated
Max Pain$30-28.8% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHSuppliersole-source or limited-source suppliers
    10-K Item 1A: 'We are dependent upon sole-source or limited-source suppliers ... including certain components sourced solely through suppliers located in China and other Asian countries'
  • MEDIUMCustomerconcentrated customer base
    10-K Item 1A: 'Historically, our customer base has been concentrated, and the loss of any of our key customers may adversely impact our revenue and results of operations'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Volume
0.0
Obv
1.0
Ma Position
1.5
Rsi
3.5
Volume distribution (falling OBV)Below 200-MA, MA slope flat

Volatile — 5.5% daily ATR makes tight stops impractical. Position-size conservatively.static

Volatility
0.0
Put Call
0.0
Max Pain Risk
3.0
Debt Equity
3.0
Short Interest
3.4
Days To Cover
3.6
Implied Vol
4.0
Beta
4.9
Elevated put/call: 13.29Above max pain $30Concentration risks: 1 HIGH, 1 MED (10-K Item 1A — sized via position_sizing, validated via buy_confidence)
GatesMomentum 1.2<4.5Death cross (50MA < 200MA)A.R:R 3.3 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 81d clearSEMI CYCLE PEAK CLEARFalling KnifeSuitability: Aggressive
RSI
32 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $40.75Resistance $52.98

Price Targets

$40
$57
A.Upside+36.2%
A.R:R3.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Risk below floor (2.7 < 3.0)
! Momentum score 1.2/10 — below 4.5 minimum
! Death cross — 50-day MA below 200-day MA

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-20 (81d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CALX stock a buy right now?

Sell if holding. Engine safety override at $42.15: Risk below floor (2.7 < 3.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.7/10 and A.R:R 3.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 13%; Elevated put/call ratio: 13.29; Negative price momentum. Chart setup: Death cross, below all MAs, RSI 32, MACD bearish. Prior stop was $39.53. Score 5.7/10, moderate confidence.

What is the CALX stock price target?

Take-profit target: $57.42 (+36.2% upside). Prior stop was $39.53. Stop-loss: $39.53.

What are the risks of investing in CALX?

Concentration risk — Supplier: sole-source or limited-source suppliers; Risk below floor (2.7 < 3.0).

Is CALX overvalued or undervalued?

Calix, Inc trades at a P/E of 85.1 (forward 16.6). TrendMatrix value score: 6.5/10. Verdict: Sell.

What do analysts say about CALX?

14 analysts cover CALX with a consensus score of 4.1/5. Average price target: $66.

What does Calix, Inc do?Calix develops a cloud, software, and AI-powered managed services platform enabling broadband communication service...

Calix develops a cloud, software, and AI-powered managed services platform enabling broadband communication service providers to simplify operations and offer subscriber experience services. Revenue comes from hardware appliances, cloud subscriptions, and managed services sold to regional and smaller broadband operators; the company does not manufacture hardware internally and relies on third-party contract manufacturers.

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