Calix: The Buy Case Hinges On Software Monetization

Impact · against what's priced in

Calix appears undervalued based on its cloud migration benefits and potential software growth, though the upside is conditional on hitting a 16% EPS growth target. The stock is viewed as a buy if the market has not yet fully factored in the monetization of managed services.

CALX+0.40

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In context

The completed cloud migration has already lowered costs and improved margins, while the potential for 16% annual EPS growth through 2028 suggests a target price of $46.33.

Read from the article alone

• valuation
• CALX
• cloud migration
• earnings growth
• managed services
• software monetization
• tech

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