Clearfield (NASDAQ:CLFD) Releases FY 2026 Earnings Guidance

Clearfield (NASDAQ:CLFD) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.140-0.210 for the period, compared to the consensus estimate of 0.660. The company issued revenue guidance of $151.0 million-$155.0 million, compared to the consensus revenue estimate of $164.8 million. Clearfield also updated its Q4 2026 guidance to 0.000-0.070 EPS.

Clearfield Price Performance

NASDAQ CLFD traded up $0.03 during trading on Wednesday, reaching $33.77. The company’s stock had a trading volume of 257,929 shares, compared to its average volume of 209,284. The firm has a fifty day moving average of $36.56 and a 200 day moving average of $33.67. Clearfield has a one year low of $23.76 and a one year high of $52.73. The stock has a market capitalization of $458.93 million, a PE ratio of -54.47 and a beta of 2.12.

Clearfield (NASDAQ:CLFD) last issued its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. Clearfield had a positive return on equity of 1.03% and a negative net margin of 5.41%.The firm had revenue of $43.86 million during the quarter, compared to the consensus estimate of $43.92 million. Clearfield has set its Q4 2026 guidance at 0.000-0.070 EPS and its FY 2026 guidance at 0.140-0.210 EPS. Research analysts expect that Clearfield will post 0.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CLFD shares. Weiss Ratings lowered shares of Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Monday, May 11th. Roth Capital restated a “buy” rating and issued a $44.00 price objective on shares of Clearfield in a report on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $43.75.

Insider Activity at Clearfield

In other Clearfield news, Director Walter Louis Jones, Jr. sold 2,391 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $46.05, for a total transaction of $110,105.55. Following the completion of the sale, the director directly owned 8,682 shares in the company, valued at approximately $399,806.10. The trade was a 21.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Anis Khemakhem sold 1,684 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $39.90, for a total value of $67,191.60. Following the transaction, the insider directly owned 25,126 shares in the company, valued at $1,002,527.40. The trade was a 6.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 17.80% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Clearfield by 0.4% in the third quarter. Vanguard Group Inc. now owns 940,004 shares of the communications equipment provider’s stock worth $32,317,000 after purchasing an additional 4,139 shares during the last quarter. Cooper Creek Partners Management LLC increased its position in shares of Clearfield by 1,705.7% during the 3rd quarter. Cooper Creek Partners Management LLC now owns 479,741 shares of the communications equipment provider’s stock valued at $16,493,000 after purchasing an additional 453,173 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Clearfield by 2.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 345,833 shares of the communications equipment provider’s stock valued at $11,889,000 after purchasing an additional 8,288 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Clearfield by 6.2% in the 1st quarter. Royal Bank of Canada now owns 269,865 shares of the communications equipment provider’s stock worth $8,020,000 after purchasing an additional 15,659 shares during the period. Finally, Punch & Associates Investment Management Inc. lifted its stake in shares of Clearfield by 48.4% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 262,610 shares of the communications equipment provider’s stock worth $9,029,000 after purchasing an additional 85,610 shares during the period. Institutional investors own 88.73% of the company’s stock.

About Clearfield

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.