Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, Calix, Inc. (CALX) has a Wall Street consensus price target of $75.50, based on estimates from 21 covering analysts. With the stock currently trading at $51.77, this represents a potential upside of +45.8%. The company has a market capitalization of $3.43B.
Analyst price targets range from a low of $60.00 to a high of $85.00, representing a 33% spread in expectations. The median target of $78.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 15 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 1 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, CALX trades at a trailing P/E of 199.1x and forward P/E of 29.1x. Analysts expect EPS to grow +600.7% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $43.19, with bear and bull scenarios of $-148.17 and $230.72 respectively. Model confidence stands at 53/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus Wall Street price target for CALX is $75.5, representing 45.8% upside from the current price of $51.77. With 21 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
CALX has a consensus rating of "Buy" based on 21 Wall Street analysts. The rating breakdown is predominantly bullish, with 15 Buy/Strong Buy ratings. The consensus 12-month price target of $75.5 implies 45.8% upside from current levels.
CALX trades at a forward P/E of 29.099x, representing a moderate valuation. With analysts targeting $75.5 (45.8% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $85 for CALX, while the most conservative target is $60. The consensus of $75.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $231 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
CALX is well covered by analysts, with 21 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 5 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CALX stock forecast based on 21 Wall Street analysts shows a consensus price target of $75.5, with estimates ranging from $60 (bear case) to $85 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $43, with bear/bull scenarios of $-148/$231.
Our quantitative valuation model calculates CALX's fair value at $43 (base case), with a bear case of $-148 and bull case of $231. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 53/100.
CALX trades at a forward P/E ratio of 29.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 199.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on CALX, with a "Buy" consensus rating and $75.5 price target (45.8% upside). 15 of 21 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
CALX analyst price targets range from $60 to $85, a 33% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $75.5 consensus represents the middle ground. Our model's $-148-$231 range provides an independent fundamental perspective.