
Calix (CALX) Stock Forecast & Price Target
Calix (CALX) Analyst Ratings
Bulls say
Calix Inc has demonstrated substantial revenue growth, particularly from large customers, with revenues from this segment increasing by an impressive 243% year-over-year and 19% quarter-over-quarter, primarily driven by heightened demand for its Access Edge platform and network expansion efforts. Additionally, the company's total remaining performance obligation (RPO) rose 20% year-over-year and 2% quarter-over-quarter to $355 million, indicating strong adoption of its software platform offerings and the stability provided by multi-year customer contracts. Financial health is further evidenced by a significant rise in cash, equivalents, and marketable securities, which increased by $41 million quarter-over-quarter to $340 million, supporting Calix's positive growth outlook for upcoming years.
Bears say
Calix Inc.’s cash conversion cycle has improved to 108 days, yet cash flow from operations has demonstrated volatility, increasing year-over-year by 102% but decreasing quarter-over-quarter by 18%. The company faces significant headwinds such as a slowdown in broadband adoption, competitive pressures from alternative technologies, and unfavorable macroeconomic conditions, which could hinder future growth. Additionally, uncertainty surrounding the BEAD funding program and a decline in quarterly revenue from medium-sized customers suggest a challenging outlook for sustaining revenue momentum.
This aggregate rating is based on analysts' research of Calix and is not a guaranteed prediction by Public.com or investment advice.
Calix (CALX) Analyst Forecast & Price Prediction
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