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Calnex Solutions (DE:CSO)
FRANKFURT:CSO

Calnex Solutions (CSO) Price & Analysis

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CSO Stock Chart & Stats

€0.62
€0.01(1.25%)
At close: 4:00 PM EST
€0.62
€0.01(1.25%)

Bulls Say, Bears Say

Bulls Say
Conservative Balance SheetVery low leverage and stable equity (mid-to-high £20m) provide durable financial flexibility for a capital-light test-and-measurement business. This conservatism supports investment in product development and withstands demand cycles, reducing refinancing and solvency risk over months.
Revenue Recovery TrendReturn to double-digit revenue growth across 2025–2026 indicates improving commercial traction after the 2024 downturn. Sustained mid-teens growth helps leverage fixed costs in a specialized equipment business and supports longer-term margin and cash improvement prospects.
Recent Positive Cash GenerationSolid operating cash flow and strong free cash flow in 2026 show the business can generate internal funding for R&D, working capital and shareholder returns. For a niche telecom test supplier, consistent FCF improves strategic optionality and reduces external financing dependence.
Bears Say
Eroded ProfitabilityOperating profit near breakeven limits the firm's ability to reinvest or absorb shocks; lower margins versus prior peaks reflect either pricing or cost pressures. Persistent thin operating profits would constrain ROIC and slow recovery of return metrics despite revenue growth.
Historical Cash-flow VolatilityMarked swings in operating and free cash flow complicate capital planning. Even with 2026 improvement, prior deep negative cash flows and a year-over-year FCF decline point to execution or working-capital exposure that could impede sustained investment or dividend consistency.
Declining Returns On EquityA meaningful drop in ROE signals reduced capital efficiency driven by weaker profitability rather than higher leverage. For shareholders this implies lower long-run earning power from a stable equity base and raises questions about the sustainability of prior return profiles.

Calnex Solutions News

CSO FAQ

What was Calnex Solutions’s price range in the past 12 months?
Calnex Solutions lowest stock price was €0.43 and its highest was €0.90 in the past 12 months.
    What is Calnex Solutions’s market cap?
    Calnex Solutions’s market cap is €61.36M.
      When is Calnex Solutions’s upcoming earnings report date?
      Calnex Solutions’s upcoming earnings report date is Nov 24, 2026 which is in 120 days.
        How were Calnex Solutions’s earnings last quarter?
        Calnex Solutions released its earnings results on May 26, 2026. The company reported €0.019 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
          Is Calnex Solutions overvalued?
          According to Wall Street analysts Calnex Solutions’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Calnex Solutions pay dividends?
            Calnex Solutions does not currently pay dividends.
            What is Calnex Solutions’s EPS estimate?
            Calnex Solutions’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Calnex Solutions have?
            Calnex Solutions has 88,073,940 shares outstanding.
              What happened to Calnex Solutions’s price movement after its last earnings report?
              Calnex Solutions reported an EPS of €0.019 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
                Which hedge fund is a major shareholder of Calnex Solutions?
                Currently, no hedge funds are holding shares in DE:CSO
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Calnex Solutions

                  Calnex Solutions plc is a company specializing in the development, manufacturing, and global marketing of advanced test instrumentation and comprehensive solutions. Its primary focus areas encompass precise network synchronization and robust network emulation, catering to the needs of telecommunications networks, enterprise networks, and data centers across the globe. The company's diverse product portfolio addresses a wide array of testing requirements. For modern 5G networks, the Paragon-neo platform facilitates highly accurate PTP and SyncE testing up to 400GbE, achieving sub-nanosecond precision. NE-ONE serves as a performance testing application, enabling the evaluation of application functionality under realistic conditions across various networks, including LAN, WAN, Internet, Cloud, Wi-Fi, (A)DSL, mobile, and satellite. For designing and validating network architectures, Calnex SNE provides tools for network emulation and simulation. Field-based testing is supported by Sentinel, a solution vital for applications like 3G/4G/5G mobile backhaul, E911/critical infrastructure, financial networks, and power communications. Specific PTP profiles, including IEEE 802.1AS/AS-REV, SMPTE 2059-2, and ITU-T G.8275.1, are addressed by Paragon-ONE. The Paragon-X system is designed to test SyncE, PTP, and NTP mechanisms, as well as E1/T1 sync interfaces and Ethernet OAM functions. For high-speed Ethernet device validation, Calnex offers Attero-100G for 100/40/25GbE performance assessments, alongside Attero-X for network emulation. The Attero-V virtual impairments tool further enhances and complements the existing range of Spirent virtualization products. Additionally, Tempo provides pre-configured tests for embedded GPS/GLONASS/BEDOU receivers, with an optional mini rubidium oscillator. Complementary tools include the Rb/GPS frequency reference, which delivers stable 10MHz and 1pps measurement signals essential for synchronization testers, and a 1pps/ToD/Frequency Converter for adapting critical signals required by contemporary network devices. The Calnex Analysis Tool is also available as software for detailed network and device diagnostics. Calnex Solutions distributes its offerings internationally through a dedicated network of regional resellers and distributors. Established in 2006, the firm maintains its corporate headquarters in Linlithgow, United Kingdom.

                  Calnex Solutions (CSO) Earnings & Revenues

                  CSO Stock 12 Month Forecast

                  Average Price Target

                  €1.47
                  ▲(137.32% Upside)
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