Calix is trading 4% up today at $38.86 as the stock continues to rebound from its late-July post-earnings pullback, supported by bullish analyst sentiment and broader strength in software and AI-related names.
- Broader tech markets and the IGV software ETF are rallying following strong Palantir earnings, which has improved overall risk appetite for the sector.
- The stock is benefiting from a wider lift in cloud and software infrastructure plays as investors rotate back into high-growth tech names.