Calix (CALX) Stock Jumps 7.4%: Will It Continue to Soar?

Group 1 - Calix (CALX) shares increased by 7.4% to close at $59.04, supported by high trading volume, compared to a 3.5% gain over the past four weeks [1] - The optimism for Calix is driven by strong customer demand, accelerating subscriber additions, competitive displacements, and expanding platform adoption [1] - The upcoming quarterly earnings report for Calix is expected to show earnings of $0.38 per share, reflecting a year-over-year increase of 375%, with revenues projected at $270.03 million, up 31% from the previous year [2] Group 2 - The consensus EPS estimate for Calix has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [4] - Calix holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [4] - In the same industry, Confluent (CFLT) has a consensus EPS estimate of $0.1, representing an 11.1% increase year-over-year, and also holds a Zacks Rank of 3 (Hold) [5]