Analysts Offer Predictions for Clearfield Q2 Earnings

Clearfield, Inc. (NASDAQ:CLFD) – Northland Securities reduced their Q2 2026 earnings per share (EPS) estimates for shares of Clearfield in a research note issued on Thursday, February 5th. Northland Securities analyst T. Savageaux now anticipates that the communications equipment provider will post earnings of ($0.05) per share for the quarter, down from their previous estimate of $0.02. Northland Securities has a “Outperform” rating and a $45.00 price objective on the stock. The consensus estimate for Clearfield’s current full-year earnings is ($0.29) per share. Northland Securities also issued estimates for Clearfield’s Q3 2026 earnings at $0.22 EPS and Q4 2026 earnings at $0.39 EPS.

A number of other research firms also recently weighed in on CLFD. UBS Group reissued a “buy” rating on shares of Clearfield in a research note on Wednesday, November 26th. Roth Mkm dropped their price objective on Clearfield from $50.00 to $43.00 and set a “buy” rating for the company in a report on Tuesday, November 25th. Wall Street Zen lowered Clearfield from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Weiss Ratings restated a “hold (c-)” rating on shares of Clearfield in a report on Wednesday, January 21st. Finally, Zacks Research raised Clearfield from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $43.50.

Clearfield Stock Performance

Shares of CLFD stock opened at $31.40 on Monday. The firm’s 50 day moving average price is $30.22 and its two-hundred day moving average price is $32.72. Clearfield has a 52-week low of $23.78 and a 52-week high of $46.76. The stock has a market cap of $434.89 million, a PE ratio of -64.08 and a beta of 1.94.

Clearfield (NASDAQ:CLFD) last issued its earnings results on Wednesday, February 4th. The communications equipment provider reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.02. The company had revenue of $34.34 million for the quarter, compared to analyst estimates of $31.77 million. Clearfield had a negative net margin of 3.93% and a positive return on equity of 1.72%. Clearfield has set its FY 2026 guidance at 0.480-0.620 EPS and its Q2 2026 guidance at -0.100–0.020 EPS.

Clearfield declared that its Board of Directors has authorized a share buyback program on Tuesday, November 25th that authorizes the company to repurchase $85.00 million in shares. This repurchase authorization authorizes the communications equipment provider to purchase up to 22% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Insider Transactions at Clearfield

In other Clearfield news, Chairman Ronald G. Roth purchased 10,000 shares of the stock in a transaction on Monday, December 15th. The stock was bought at an average cost of $30.06 per share, for a total transaction of $300,600.00. Following the completion of the acquisition, the chairman directly owned 1,279,264 shares of the company’s stock, valued at $38,454,675.84. The trade was a 0.79% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 17.80% of the company’s stock.

Hedge Funds Weigh In On Clearfield

Several institutional investors and hedge funds have recently modified their holdings of the business. UBS Group AG increased its stake in Clearfield by 13.0% during the 4th quarter. UBS Group AG now owns 105,849 shares of the communications equipment provider’s stock worth $3,085,000 after purchasing an additional 12,205 shares in the last quarter. Drum Hill Capital LLC boosted its holdings in shares of Clearfield by 1.4% in the fourth quarter. Drum Hill Capital LLC now owns 49,912 shares of the communications equipment provider’s stock valued at $1,455,000 after buying an additional 713 shares during the period. Tudor Investment Corp ET AL increased its position in shares of Clearfield by 6.0% during the third quarter. Tudor Investment Corp ET AL now owns 61,428 shares of the communications equipment provider’s stock worth $2,112,000 after acquiring an additional 3,489 shares in the last quarter. Penn Capital Management Company LLC raised its holdings in shares of Clearfield by 67.6% during the third quarter. Penn Capital Management Company LLC now owns 11,335 shares of the communications equipment provider’s stock worth $390,000 after acquiring an additional 4,570 shares during the period. Finally, PharVision Advisers LLC bought a new stake in Clearfield in the 3rd quarter valued at $244,000. 88.73% of the stock is currently owned by institutional investors and hedge funds.

Clearfield Company Profile

Clearfield, Inc (NASDAQ: CLFD) is a Minneapolis-based company specializing in fiber management products for broadband network deployments. The company’s core offerings include fiber distribution hubs, enclosures, splice trays, patching panels and connectivity accessories designed to simplify installation and maintenance of fiber-optic networks. Clearfield’s modular FieldSmart™ platform provides a scalable approach for service providers, utilities and enterprise organizations looking to expand or upgrade their fiber infrastructure.

Clearfield serves a diverse customer base that includes cable and internet service providers, telecommunications operators, wireless carriers, utilities and municipalities.