Clearfield (NASDAQ:CLFD) Announces FY 2027 Earnings Guidance

Clearfield (NASDAQ:CLFD) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.250-0.460 for the period, compared to the consensus EPS estimate of 0.870. The company issued revenue guidance of $195.0 million-$205.0 million, compared to the consensus revenue estimate of $187.3 million. Clearfield also updated its Q1 2027 guidance to -0.060-0.030 EPS.

Analyst Ratings Changes

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

Clearfield Price Performance

Clearfield stock traded up $0.27 during mid-day trading on Wednesday, reaching $30.46. 73,759 shares of the company traded hands, compared to its average volume of 192,486. Clearfield has a 52-week low of $23.76 and a 52-week high of $52.73. The firm has a market capitalization of $413.65 million, a price-to-earnings ratio of -60.19 and a beta of 2.06. The firm’s 50 day moving average price is $30.60 and its 200 day moving average price is $32.46.

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.