Clearfield (NASDAQ:CLFD) Announces Q1 2027 Earnings Guidance

Clearfield (NASDAQ:CLFD) updated its first quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of -0.060-0.030 for the period, compared to the consensus EPS estimate of 0.120. The company issued revenue guidance of $48.0 million-$52.0 million, compared to the consensus revenue estimate of $42.1 million. Clearfield also updated its FY 2027 guidance to 0.250-0.460 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Weiss Ratings upgraded Clearfield from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. Lake Street Capital set a $38.00 price target on Clearfield in a research note on Thursday, August 6th. Zacks Research upgraded Clearfield from a “strong sell” rating to a “hold” rating in a report on Friday, October 30th. Finally, Needham & Company LLC dropped their price objective on Clearfield from $52.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Clearfield presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.75.

Clearfield Trading Down 2.8%

Clearfield stock opened at $29.35 on Wednesday. The company has a market capitalization of $398.63 million, a P/E ratio of -57.30 and a beta of 2.06. The firm’s fifty day simple moving average is $30.60 and its 200-day simple moving average is $32.46. Clearfield has a 1-year low of $23.76 and a 1-year high of $52.73.

About Clearfield

Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures and sells fiber optic connectivity products used to deploy, manage and protect broadband networks. Its portfolio includes fiber distribution cabinets, panels, terminals, enclosures, splice solutions and other components that support fiber installation from the central office or data center through the outside plant and to end users. The company markets its products under brands including FieldSmart and WaveSmart. Clearfield’s solutions are designed for communications service providers, community broadband operators, utilities, municipalities, government organizations and other network owners building fiber-to-the-home, fiber-to-the-premises and related broadband infrastructure.