Clearfield, Inc. (NASDAQ:CLFD – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $41.75.
A number of research analysts have weighed in on CLFD shares. Weiss Ratings raised Clearfield from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Lake Street Capital set a $38.00 price objective on Clearfield in a research report on Thursday, August 6th. Zacks Research raised Clearfield from a “strong sell” rating to a “hold” rating in a research report on Friday, October 30th. Finally, Needham & Company LLC dropped their target price on Clearfield from $52.00 to $40.00 and set a “buy” rating for the company in a research note on Thursday, August 6th.
Read Our Latest Stock Analysis on Clearfield
Clearfield Price Performance
Shares of NASDAQ CLFD opened at $30.59 on Friday. The company has a 50-day simple moving average of $30.65 and a 200-day simple moving average of $32.46. The company has a market cap of $415.41 million, a PE ratio of 188.69 and a beta of 2.06. Clearfield has a 12 month low of $23.76 and a 12 month high of $52.73.
Latest Clearfield News
These are some of the CLFD news items that stood out recently:
- Positive Sentiment: Clearfield forecast fiscal 2027 revenue of $195 million to $205 million, above the $187.3 million consensus estimate, implying just over 30% growth at the midpoint. First-quarter revenue guidance of $48 million to $52 million also topped the $42.1 million consensus. Clearfield revenue guidance article
- Positive Sentiment: Sales backlog rose 75% year over year to $43.3 million, and Clearfield began shipping against a previously announced $22 million data-center order. The company cited data-center growth and advancing BEAD deployments as contributors to its outlook. Clearfield fiscal 2026 results
- Negative Sentiment: Fourth-quarter earnings were break-even per share, missing the $0.06 consensus and down from $0.13 a year earlier. Fiscal 2027 EPS guidance of $0.25 to $0.46 was below the $0.87 consensus; first-quarter guidance ranges from a $0.06 loss to $0.03 profit, versus consensus earnings of $0.12. Clearfield Q4 earnings report
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of CLFD. Russell Investments Group Ltd. grew its holdings in Clearfield by 7.9% in the third quarter. Russell Investments Group Ltd. now owns 46,945 shares of the communications equipment provider’s stock valued at $1,462,000 after purchasing an additional 3,442 shares during the period. AIGH Capital Management LLC raised its stake in Clearfield by 20.7% during the third quarter. AIGH Capital Management LLC now owns 1,217,196 shares of the communications equipment provider’s stock worth $37,903,000 after purchasing an additional 208,727 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of Clearfield by 14.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,270 shares of the communications equipment provider’s stock valued at $568,000 after purchasing an additional 1,837 shares during the last quarter. AXQ Capital LP acquired a new position in shares of Clearfield in the 2nd quarter valued at $355,000. Finally, Punch & Associates Investment Management Inc. acquired a new position in shares of Clearfield in the 2nd quarter valued at $11,046,000. Institutional investors and hedge funds own 88.73% of the company’s stock.
About Clearfield
Clearfield, Inc. designs, manufactures and distributes fiber-optic management and connectivity products used to build and maintain broadband networks. Its solutions help service providers organize, protect and connect fiber from central offices and network hubs to homes and businesses. The company’s offerings include fiber distribution cabinets, enclosures, panels, wall boxes and related connectivity components. Its product lines include FieldSmart, YOURx and StreetSmart, which are designed for applications such as fiber-to-the-home deployments and other access-network environments.
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