Clearfield (NASDAQ:CLFD) Issues Q4 2026 Earnings Guidance

Clearfield (NASDAQ:CLFD) updated its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.000-0.070 for the period, compared to the consensus estimate of 0.410. The company issued revenue guidance of $38.0 million-$42.0 million, compared to the consensus revenue estimate of $52.1 million. Clearfield also updated its FY 2026 guidance to 0.140-0.210 EPS.

Clearfield Stock Down 21.1%

Shares of CLFD stock opened at $26.66 on Friday. The business’s 50 day moving average is $36.15 and its two-hundred day moving average is $33.63. Clearfield has a 12 month low of $23.76 and a 12 month high of $52.73. The company has a market cap of $362.31 million, a PE ratio of -52.27 and a beta of 2.12.

Clearfield (NASDAQ:CLFD) last posted its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. Clearfield had a negative net margin of 4.71% and a positive return on equity of 1.60%. The firm had revenue of $43.86 million during the quarter, compared to analyst estimates 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. As a group, equities analysts expect that Clearfield will post 0.52 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CLFD shares. Roth Capital reiterated a “buy” rating and set a $44.00 target price on shares of Clearfield in a research report on Monday, May 4th. Weiss Ratings lowered shares of Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a report on Monday, May 11th. Needham & Company LLC reduced their price target on Clearfield from $52.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Lake Street Capital set a $38.00 price target on shares of Clearfield in a research report on Thursday. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Clearfield has an average rating of “Moderate Buy” and a consensus target price of $41.75.

Insider Transactions at Clearfield

In related news, Director Walter Louis Jones, Jr. sold 2,391 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $46.05, for a total value of $110,105.55. Following the completion of the sale, the director directly owned 8,682 shares of the company’s stock, valued at $399,806.10. The trade was a 21.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Anis Khemakhem sold 1,684 shares of the company’s stock in a transaction that occurred 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 transaction, the insider directly owned 25,126 shares in the company, valued at approximately $1,002,527.40. This trade represents a 6.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 17.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Clearfield

A number of large investors have recently modified their holdings of CLFD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Clearfield by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,222 shares of the communications equipment provider’s stock worth $215,000 after acquiring an additional 312 shares during the last quarter. Deutsche Bank AG lifted its holdings in Clearfield by 5.3% during the fourth quarter. Deutsche Bank AG now owns 8,825 shares of the communications equipment provider’s stock valued at $257,000 after purchasing an additional 442 shares during the last quarter. Creative Planning boosted its position in Clearfield by 4.8% during the third quarter. Creative Planning now owns 12,207 shares of the communications equipment provider’s stock worth $420,000 after purchasing an additional 563 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Clearfield by 6.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,618 shares of the communications equipment provider’s stock worth $310,000 after purchasing an additional 635 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in Clearfield by 6.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,027 shares of the communications equipment provider’s stock valued at $482,000 after acquiring an additional 834 shares during the period. 88.73% of the stock is currently owned by institutional investors.

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.