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Calix Incorporated (CALX) Offers Compelling Entry Point Amid Recent Dip
Yahoo Finance· 2026-02-12 08:54
Core Viewpoint - Calix Incorporated (NYSE:CALX) is recognized as one of the top communication equipment stocks by hedge funds, with analysts maintaining a positive outlook despite recent price target adjustments [1][2]. Group 1: Analyst Insights - Rosenblatt analyst Mike Genovese lowered the price target for Calix from $85 to $70 while maintaining a Buy rating, viewing the recent share price dip as a buying opportunity, with a potential upside of around 32% [1]. - Craig-Hallum analyst Christian Schwab reduced the price target from $75 to $60 but also kept a Buy rating, citing strong fourth-quarter results and a revised outlook for Q1 and FY26, with a nearly 13% upside potential [2]. Group 2: Company Overview - Calix is a technology company that provides cloud and appliance-based software platforms and managed services, primarily serving broadband service providers globally [3]. - The company's Calix Cloud platform includes various solutions such as Engagement Cloud, Operations Cloud, and Service Cloud, along with managed services like SmartHome, SmartTown, and SmartBiz [3].