Calix Inc (CALX) stock hits $56.06: Is it a good time to buy or wait for a dip?

Calix Inc [CALX] stock prices are down -1.11% to $56.06 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CALX shares have gain 1.39% over the last week, with a monthly amount glided 5.95%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Jefferies downgraded its rating to Hold on April 25, 2024, and dropped its price target to $30. On May 19, 2023, JP Morgan initiated with a Neutral rating and assigned a price target of $49 on the stock. Needham reiterated its Buy rating and increased its price target to $88 on December 22, 2022. Rosenblatt initiated its recommendation with a Buy and recommended $60 as its price target on April 12, 2022. Northland Capital upgraded its rating to Outperform for this stock on April 07, 2022, but kept the price target unchanged to $45. In a note dated February 23, 2022, Loop Capital initiated an Buy rating and provided a target price of $70 on this stock.

The stock price of Calix Inc [CALX] has been fluctuating between $28.60 and $57.90 over the past year. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Calix Inc [NYSE: CALX] shares were valued at $56.06 at the most recent close of the market. An investor can expect a potential drop of -10.81% based on the average CALX price forecast.

Analyzing the CALX fundamentals

The Calix Inc [NYSE:CALX] reported sales of 869.19M for trailing twelve months, representing a surge of 22.08%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.03 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.79 points at the first support level, and at 53.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.92, and for the 2nd resistance point, it is at 57.77.

Ratios To Look Out For

It’s worth pointing out that Calix Inc [NYSE:CALX]’s Current Ratio is 4.55. As well, the Quick Ratio is 3.65, while the Cash Ratio is 0.62. Considering the valuation of this stock, the price to sales ratio is 4.21, the price to book ratio is 4.74.

Transactions by insiders

Recent insider trading involved Russo Carl, Director, that happened on Jul 28 ’25 when 25000.0 shares were sold. Officer, Russo Carl completed a deal on Jul 28 ’25 to buy 25000.0 shares. Meanwhile, Chief Financial Officer SINDELAR CORY sold 10000.0 shares on Jul 23 ’25.

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