Clearfield, Inc. (NASDAQ:CLFD) Stock Has Consensus Target Price of $41.75 According to Brokerages

Shares of Clearfield, Inc. (NASDAQ:CLFD) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $41.75.

A number of research analysts have commented on CLFD shares. Lake Street Capital set a $38.00 price target on shares of Clearfield in a research note on Thursday, August 6th. Needham & Company LLC lowered their price objective on 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 raised Clearfield from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, August 21st.

Clearfield Stock Performance

Shares of CLFD stock opened at $30.53 on Friday. Clearfield has a 52-week low of $23.76 and a 52-week high of $52.73. The stock has a market cap of $414.72 million, a price-to-earnings ratio of -59.86 and a beta of 2.11. The firm has a fifty day moving average of $29.69 and a 200-day moving average of $33.09.

Clearfield (NASDAQ:CLFD) last released its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The company had revenue of $43.86 million during the quarter, compared to the consensus estimate 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. On average, sell-side analysts predict that Clearfield will post 0.23 earnings per share for the current year.

Institutional Trading of Clearfield

A number of large investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its position in shares of Clearfield by 21.1% during the 1st quarter. Royal Bank of Canada now owns 282,350 shares of the communications equipment provider’s stock worth $7,474,000 after purchasing an additional 49,249 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Clearfield by 11.6% in the first quarter. Dimensional Fund Advisors LP now owns 353,486 shares of the communications equipment provider’s stock valued at $9,357,000 after buying an additional 36,756 shares in the last quarter. AIGH Capital Management LLC acquired a new position in Clearfield in the second quarter valued at about $40,127,000. Bank of New York Mellon Corp acquired a new position in Clearfield in the second quarter valued at about $1,454,000. Finally, BlackRock Inc. bought a new stake in Clearfield during the second quarter worth about $38,096,000. 88.73% of the stock is currently owned by institutional investors.

Clearfield Company Profile

Clearfield, Inc (NASDAQ: CLFD) develops and manufactures fiber optic connectivity solutions used to build, expand, and maintain broadband networks. Its products are designed to simplify fiber deployment and support high-speed communications infrastructure for telecommunications and broadband service providers.

The company’s portfolio includes fiber distribution hubs, cabinets, terminals, enclosures, panels, optical fiber assemblies, and related connectivity components. Clearfield also offers its FieldShield line of ruggedized, craft-friendly fiber products, which are intended to help network operators deploy fiber efficiently in locations such as homes, businesses, and other subscriber premises.

Clearfield serves a range of customers, including wireline telecommunications carriers, cable and broadband operators, municipalities, utilities, government entities, and other organizations involved in fiber network construction.