Brokers Offer Predictions for Clearfield Q3 Earnings

Clearfield, Inc. (NASDAQ:CLFDFree Report) – Investment analysts at Northland Capmk issued their Q3 2026 earnings estimates for Clearfield in a report released on Friday, May 9th. Northland Capmk analyst T. Savageaux expects that the communications equipment provider will post earnings per share of $0.22 for the quarter. The consensus estimate for Clearfield’s current full-year earnings is ($0.29) per share. Northland Capmk also issued estimates for Clearfield’s Q4 2026 earnings at $0.41 EPS.

Other equities analysts also recently issued research reports about the company. Needham & Company LLC reiterated a “buy” rating and set a $50.00 price target on shares of Clearfield in a report on Wednesday, March 26th. StockNews.com upgraded Clearfield from a “sell” rating to a “hold” rating in a research report on Monday, February 10th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $46.75.

View Our Latest Report on CLFD

Clearfield Trading Up 3.8%

Shares of NASDAQ CLFD opened at $37.73 on Monday. The business has a 50 day simple moving average of $29.14 and a 200 day simple moving average of $31.91. Clearfield has a 52 week low of $23.78 and a 52 week high of $44.83. The stock has a market cap of $533.20 million, a price-to-earnings ratio of -59.89 and a beta of 1.61. The company has a debt-to-equity ratio of 0.01, a quick ratio of 7.41 and a current ratio of 10.57.

Clearfield (NASDAQ:CLFDGet Free Report) last issued its earnings results on Thursday, May 8th. The communications equipment provider reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.28. The company had revenue of $47.17 million for the quarter, compared to the consensus estimate of $38.53 million. Clearfield had a negative return on equity of 3.31% and a negative net margin of 5.41%.

Institutional Investors Weigh In On Clearfield

Several large investors have recently made changes to their positions in the company. Barclays PLC raised its position in Clearfield by 164.2% in the 3rd quarter. Barclays PLC now owns 87,971 shares of the communications equipment provider’s stock valued at $3,428,000 after purchasing an additional 54,670 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Clearfield in the 4th quarter valued at approximately $1,594,000. Drum Hill Capital LLC acquired a new position in Clearfield during the fourth quarter valued at approximately $1,539,000. Dimensional Fund Advisors LP grew its holdings in shares of Clearfield by 17.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 322,378 shares of the communications equipment provider’s stock valued at $9,994,000 after buying an additional 48,730 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in shares of Clearfield in the fourth quarter worth about $1,311,000. Institutional investors own 88.73% of the company’s stock.

Clearfield Company Profile

(Get Free Report)

Clearfield, Inc manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products.

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Earnings History and Estimates for Clearfield (NASDAQ:CLFD)

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