Clearfield (NASDAQ:CLFD) Updates FY 2026 Earnings Guidance

Clearfield (NASDAQ:CLFD - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.480-0.620 for the period, compared to the consensus estimate of 0.780. The company issued revenue guidance of $160.0 million-$170.0 million, compared to the consensus revenue estimate of $207.3 million. Clearfield also updated its Q1 2026 guidance to -0.080-0.000 EPS.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CLFD. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Clearfield in a research note on Wednesday, October 8th. Northland Capmk downgraded Clearfield from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 7th. Wall Street Zen upgraded Clearfield from a "hold" rating to a "buy" rating in a research report on Saturday, November 8th. Northland Securities downgraded Clearfield from an "outperform" rating to a "market perform" rating and set a $45.00 price objective for the company. in a research note on Thursday, August 7th. Finally, Roth Capital reaffirmed a "buy" rating on shares of Clearfield in a research note on Thursday, August 7th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, Clearfield currently has a consensus rating of "Hold" and a consensus target price of $47.50.

View Our Latest Research Report on CLFD

Clearfield Stock Performance

NASDAQ:CLFD opened at $29.38 on Tuesday. Clearfield has a one year low of $23.78 and a one year high of $46.76. The stock has a market cap of $405.62 million, a PE ratio of 2,938.00 and a beta of 1.81. The stock has a 50 day moving average price of $33.99 and a 200 day moving average price of $36.82.

Institutional Investors Weigh In On Clearfield

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quarry LP purchased a new position in Clearfield during the third quarter worth about $42,000. Tower Research Capital LLC TRC increased its holdings in shares of Clearfield by 116.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider's stock worth $82,000 after buying an additional 1,012 shares during the last quarter. Strs Ohio purchased a new stake in shares of Clearfield during the 1st quarter valued at approximately $131,000. Captrust Financial Advisors purchased a new stake in shares of Clearfield during the 2nd quarter valued at approximately $220,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Clearfield in the second quarter valued at approximately $234,000. 88.73% of the stock is currently owned by institutional investors and hedge funds.

About Clearfield

Clearfield, Inc manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products.

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