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 earnings per share (EPS) guidance of 0.250-0.460 for the period, compared to the consensus 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.

Analysts Set New Price Targets

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

Clearfield Stock Performance

NASDAQ:CLFD traded down $1.17 during mid-day trading on Wednesday, reaching $29.02. The stock had a trading volume of 43,659 shares, compared to its average volume of 192,484. The firm has a 50 day moving average price of $30.60 and a two-hundred day moving average price of $32.46. The stock has a market capitalization of $394.09 million, a P/E ratio of -56.90 and a beta of 2.06. Clearfield has a one year low of $23.76 and a one 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.