Clearfield (NASDAQ:CLFD) Releases Q2 2026 Earnings Guidance

Clearfield (NASDAQ:CLFD) issued an update on its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.100–0.020 for the period, compared to the consensus earnings per share estimate of 0.030. The company issued revenue guidance of $32.0 million-$35.0 million, compared to the consensus revenue estimate of $35.7 million. Clearfield also updated its FY 2026 guidance to 0.480-0.620 EPS.

Analysts Set New Price Targets

A number of research analysts recently commented on CLFD shares. Zacks Research upgraded shares of Clearfield from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 9th. Wall Street Zen cut Clearfield from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Weiss Ratings restated a “hold (c-)” rating on shares of Clearfield in a report on Wednesday, January 21st. UBS Group reaffirmed a “buy” rating on shares of Clearfield in a research note on Wednesday, November 26th. Finally, Roth Mkm reduced their price objective on shares of Clearfield from $50.00 to $43.00 and set a “buy” rating for the company in a research report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $43.50.

Clearfield Stock Up 1.1%

Shares of Clearfield stock traded up $0.34 during midday trading on Wednesday, hitting $30.47. The company’s stock had a trading volume of 214,498 shares, compared to its average volume of 137,943. Clearfield has a 1-year low of $23.78 and a 1-year high of $46.76. The firm has a market capitalization of $422.01 million, a P/E ratio of -52.53 and a beta of 1.94. The stock has a 50-day simple moving average of $30.03 and a 200-day simple moving average of $33.16.

Clearfield (NASDAQ:CLFD) last announced its quarterly earnings data on Wednesday, February 4th. The communications equipment provider reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). Clearfield had a positive return on equity of 1.07% and a negative net margin of 4.65%.The firm had revenue of $34.34 million during the quarter, compared to the consensus estimate of $31.77 million. Clearfield has set its FY 2026 guidance at 0.480-0.620 EPS and its Q2 2026 guidance at -0.100–0.020 EPS. As a group, sell-side analysts predict that Clearfield will post -0.29 earnings per share for the current year.

Clearfield announced that its board has approved a stock repurchase program on Tuesday, November 25th that authorizes the company to buyback $85.00 million in shares. This buyback authorization authorizes the communications equipment provider to repurchase up to 22% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In related news, Chairman Ronald G. Roth bought 10,000 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was bought at an average price of $30.06 per share, with a total value of $300,600.00. Following the purchase, the chairman directly owned 1,279,264 shares of the company’s stock, valued at approximately $38,454,675.84. This represents a 0.79% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 17.80% of the company’s stock.

Key Clearfield News

Here are the key news stories impacting Clearfield this week:

• Positive Sentiment: Q1 results: Clearfield reported fiscal Q1 revenue of $34.34M, topping analyst estimates, and narrowed its loss year-over-year — a headline that supports near-term upside. Article Title
• Neutral Sentiment: Company disclosures and investor materials: Clearfield posted the formal press release and shareholder letter and held the earnings call (transcript available), giving investors detail on results and execution. These items provide context but are informational rather than catalytic by themselves. Article Title
• Neutral Sentiment: Earnings transcript available for investor review — useful for cadence/details on bookings, backlog and margin drivers but not a new data point beyond the release. Article Title
• Negative Sentiment: Mixed forward guidance: management issued Q2 FY2026 EPS guidance of -0.10 to -0.02 and revenue guidance of $32M–$35M, both below consensus — a clear near-term headwind that could pressure the stock if investors focus on the weaker quarterly outlook. Article Title
• Negative Sentiment: FY2026 guidance: management set full-year EPS of $0.48–$0.62 and revenue $160M–$170M; the EPS midpoint is slightly below street estimates, which could temper enthusiasm despite the company’s revenue range being near consensus. Article Title
• Neutral Sentiment: Short interest data in recent reports appears to be unreliable/zero and should not be relied on for positioning — no actionable signal from the published short-interest snapshot. (Source: aggregated exchange data)

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CLFD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Clearfield by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,222 shares of the communications equipment provider’s stock worth $215,000 after buying an additional 312 shares during the last quarter. Creative Planning lifted its position in Clearfield by 4.8% during the 3rd quarter. Creative Planning now owns 12,207 shares of the communications equipment provider’s stock worth $420,000 after acquiring an additional 563 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Clearfield by 6.3% in the third quarter. BNP Paribas Financial Markets now owns 14,027 shares of the communications equipment provider’s stock worth $482,000 after purchasing an additional 834 shares during the period. Tower Research Capital LLC TRC grew its holdings in Clearfield by 116.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider’s stock valued at $82,000 after buying an additional 1,012 shares during the last quarter. Finally, Rhumbline Advisers increased its position in Clearfield by 6.4% in the 2nd quarter. Rhumbline Advisers now owns 20,103 shares of the communications equipment provider’s stock worth $873,000 after buying an additional 1,216 shares during the period. Hedge funds and other institutional investors own 88.73% of the company’s stock.

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.