Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Calix Inc before investing.

In this article, we go over a few key elements for understanding Calix Inc’s stock price such as:

• Calix Inc’s current stock price and volume
• Why Calix Inc’s stock price changed recently
• Upgrades and downgrades for CALX from analysts
• CALX’s stock price momentum as measured by its relative strength

About Calix Inc (CALX)

Before we jump into Calix Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Calix, Inc. is a global provider of a platform (cloud, software and systems) and managed services that focus on the subscriber-facing network, the portion of the network that governs available bandwidth and determines the range and quality of services that can be offered to subscribers. This platform and managed services enable broadband service providers (BSPs) of all sizes to innovate and transform their businesses. The Company's platform, which includes Calix Cloud, Calix Revenue EDGE and Calix Intelligent Access EDGE, gathers, analyzes, and applies machine learning to deliver real-time insights to each key business function. Calix Cloud comes in three role-base editions: Calix Marketing Cloud, Calix Support Cloud and Calix Operations Cloud. Calix Revenue EDGE offers premises solution for subscriber managed services. Calix Intelligent Access EDGE provides an access network solution for automated, intelligent networks.

Want to learn more about Calix Inc’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Calix Inc.

Calix Inc’s Stock Price as of Market Close

As of September 06, 2024, 4:00 PM, CST, Calix Inc’s stock price was $34.48.

Calix Inc is down 6.48% from its previous closing price of $36.87.

During the last market session, Calix Inc’s stock traded between $36.48 and $37.47. Currently, there are 65.68 million shares of Calix Inc stock available for purchase.

Unfortunately, Calix Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Calix Inc Stock Price History

Calix Inc’s (CALX) price is currently down 7.41% so far this month.

During the month of September, Calix Inc’s stock price has reached a high of $37.75 and a low of $34.48.

Over the last year, Calix Inc has hit prices as high as $48.53 and as low as $26.76. Year to date, Calix Inc’s stock is down 49.61%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Calix Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 05, 2024, there were 7 analysts who downgraded Calix Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Calix Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Calix Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Calix Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Calix Inc (CALX) by visiting AAII Stock Evaluator.

Relative Price Strength of Calix Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 05, 2024, Calix Inc has a weighted four-quarter relative price strength of -8.50%, which translates to a Momentum Score of 36 and is considered to be Weak.

Want to learn more about how Calix Inc is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Calix Inc Stock Price: Bottom Line

As of September 6, 2024, Calix Inc’s stock price is $34.48, which is down 6.48% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Calix Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.