Clearfield (NASDAQ:CLFD) Issues FY 2026 Earnings Guidance

Clearfield (NASDAQ:CLFD) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (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.

Analysts Set New Price Targets

A number of research firms have issued reports on CLFD. Weiss Ratings downgraded Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Monday, May 11th. Roth Capital reaffirmed a “buy” rating and set a $44.00 price target on shares of Clearfield in a research report on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Clearfield currently has an average rating of “Moderate Buy” and an average price target of $43.75.

Clearfield Price Performance

Shares of CLFD traded up $0.03 during trading hours on Wednesday, hitting $33.77. The company’s stock had a trading volume of 257,929 shares, compared to its average volume of 209,284. The company has a market cap of $458.93 million, a price-to-earnings ratio of -54.47 and a beta of 2.12. The business has a 50 day simple moving average of $36.91 and a two-hundred day simple moving average of $33.66. Clearfield has a 52-week low of $23.76 and a 52-week high of $52.73.

Clearfield (NASDAQ:CLFD) last announced its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The company had revenue of $43.86 million for the quarter, compared to analysts’ expectations of $43.92 million. Clearfield had a negative net margin of 5.41% and a positive return on equity of 1.03%. 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 predict that Clearfield will post 0.52 earnings per share for the current year.

Insiders Place Their Bets

In other Clearfield news, Director Walter Louis Jones, Jr. sold 2,391 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $46.05, for a total transaction of $110,105.55. Following the sale, the director owned 8,682 shares in the company, valued at $399,806.10. This represents a 21.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Anis Khemakhem sold 1,684 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $39.90, for a total value of $67,191.60. Following the completion of the transaction, the insider directly owned 25,126 shares of the company’s stock, valued at $1,002,527.40. The trade was a 6.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 17.80% of the company’s stock.

Institutional Investors Weigh In On Clearfield

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cooper Creek Partners Management LLC lifted its holdings in shares of Clearfield by 1,705.7% in the third quarter. Cooper Creek Partners Management LLC now owns 479,741 shares of the communications equipment provider’s stock worth $16,493,000 after buying an additional 453,173 shares in the last quarter. Ancora Advisors LLC grew its stake in Clearfield by 445.2% during the third quarter. Ancora Advisors LLC now owns 179,640 shares of the communications equipment provider’s stock valued at $6,176,000 after acquiring an additional 146,690 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Clearfield by 286.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 156,014 shares of the communications equipment provider’s stock worth $5,364,000 after acquiring an additional 115,626 shares during the period. Punch & Associates Investment Management Inc. lifted its stake in 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 in the last quarter. Finally, Boothbay Fund Management LLC purchased a new stake in Clearfield in the 2nd quarter worth approximately $2,307,000. 88.73% of the stock is currently owned by institutional investors.

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.