Northland Securities Weighs in on Clearfield FY2026 Earnings

Clearfield, Inc. (NASDAQ:CLFD) – Analysts at Northland Securities dropped their FY2026 EPS estimates for Clearfield in a research report issued on Thursday, August 6th. Northland Securities analyst T. Savageaux now expects that the communications equipment provider will post earnings of $0.23 per share for the year, down from their previous forecast of $0.54. The consensus estimate for Clearfield’s current full-year earnings is $0.23 per share. Northland Securities also issued estimates for Clearfield’s Q4 2026 earnings at $0.05 EPS, Q1 2027 earnings at $0.10 EPS, Q2 2027 earnings at $0.12 EPS, Q3 2027 earnings at $0.11 EPS, Q4 2027 earnings at $0.31 EPS and FY2027 earnings at $0.63 EPS.

A number of other equities analysts also recently issued reports on the company. Roth Capital reissued a “buy” rating and set a $44.00 target price on shares of Clearfield in a research note on Monday, May 4th. Needham & Company LLC decreased their price target on Clearfield from $52.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Clearfield in a report on Friday. Finally, Lake Street Capital set a $38.00 price objective on Clearfield in a report on Thursday. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Clearfield has an average rating of “Moderate Buy” and a consensus price target of $41.75.

Clearfield Trading Up 4.8%

Shares of CLFD opened at $28.79 on Monday. Clearfield has a twelve month low of $23.76 and a twelve month high of $52.73. The stock’s 50 day moving average is $35.37 and its two-hundred day moving average is $33.60. The firm has a market capitalization of $391.23 million, a PE ratio of -56.45 and a beta of 2.12.

Clearfield (NASDAQ:CLFD) last issued its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $43.86 million for the quarter, compared to analyst estimates of $43.92 million. Clearfield had a negative net margin of 4.71% and a positive return on equity of 1.61%. Clearfield has set its Q4 2026 guidance at 0.000-0.070 EPS and its FY 2026 guidance at 0.140-0.210 EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CLFD. Quarry LP purchased a new stake in shares of Clearfield during the 3rd quarter worth approximately $42,000. Los Angeles Capital Management LLC purchased a new position in Clearfield in the 4th quarter valued at approximately $63,000. Tower Research Capital LLC TRC raised its holdings in Clearfield by 116.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider’s stock worth $82,000 after purchasing an additional 1,012 shares during the last quarter. State of Wyoming acquired a new position in Clearfield during the second quarter worth $96,000. Finally, Strs Ohio purchased a new stake in Clearfield during the first quarter worth $131,000. 88.73% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Anis Khemakhem sold 1,684 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $39.90, for a total transaction of $67,191.60. Following the sale, the insider owned 25,126 shares of the company’s stock, valued at approximately $1,002,527.40. The trade was a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 17.80% of the company’s stock.

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.