Clearfield (NASDAQ:CLFD) Updates FY 2026 Earnings Guidance

Clearfield (NASDAQ:CLFD – Get Free Report) updated 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 earnings per share 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 opened at $26.66 on Friday. The stock’s fifty day moving average price is $36.15 and its 200 day moving average price is $33.63. The company has a market cap of $362.31 million, a price-to-earnings ratio of -52.27 and a beta of 2.12. Clearfield has a 1 year low of $23.76 and a 1 year high of $52.73.

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Clearfield (NASDAQ:CLFD – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. Clearfield had a positive return on equity of 1.60% and a negative net margin of 4.71%.The company had revenue of $43.86 million for 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 year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CLFD. Weiss Ratings cut shares of Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Monday, May 11th. Needham & Company LLC lowered their price target on Clearfield from $52.00 to $40.00 and set a “buy” rating for the company in a report on Thursday. Roth Capital restated a “buy” rating and issued a $44.00 price objective on shares of Clearfield in a report on Monday, May 4th. Finally, Lake Street Capital set a $38.00 target price on shares of Clearfield in a research note on Thursday. Five equities research 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 presently has an average rating of “Moderate Buy” and an average target price of $41.75.

Check Out Our Latest Stock Report on Clearfield

Insider Activity

In other Clearfield news, Director Walter Louis Jones, Jr. sold 2,391 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $46.05, for a total value of $110,105.55. Following the completion of the transaction, the director owned 8,682 shares of the company’s stock, valued at $399,806.10. This trade represents a 21.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 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 completion of the sale, the insider owned 25,126 shares in the company, valued at approximately $1,002,527.40. The trade was a 6.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 17.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Clearfield

A number of hedge funds and other institutional investors have recently bought and sold shares of CLFD. Quarry LP acquired a new stake in Clearfield during the 3rd quarter worth $42,000. Los Angeles Capital Management LLC purchased a new stake in shares of Clearfield in the fourth quarter valued at about $63,000. Tower Research Capital LLC TRC increased its position in 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 purchasing an additional 1,012 shares during the period. Strs Ohio purchased a new stake in shares of Clearfield during the 1st quarter worth $131,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Clearfield by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,222 shares of the communications equipment provider’s stock valued at $215,000 after acquiring an additional 312 shares during the period. 88.73% of the stock is currently owned by institutional investors and hedge funds.

Clearfield Company Profile

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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.

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