Clearfield (NASDAQ:CLFD) Releases Q1 2027 Earnings Guidance

Clearfield (NASDAQ:CLFD) issued an update on its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.060-0.030 for the period, compared to the consensus EPS estimate of 0.120. The company issued revenue guidance of $48.0 million-$52.0 million, compared to the consensus revenue estimate of $42.1 million. Clearfield also updated its FY 2027 guidance to 0.250-0.460 EPS.

Analysts Set New Price Targets

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

Clearfield Trading Up 0.9%

Shares of Clearfield stock traded up $0.27 during trading on Wednesday, hitting $30.46. The stock had a trading volume of 73,759 shares, compared to its average volume of 192,486. The firm has a market cap of $413.65 million, a price-to-earnings ratio of -60.19 and a beta of 2.06. Clearfield has a 12 month low of $23.76 and a 12 month high of $52.73. The business’s 50-day moving average is $30.60 and its 200 day moving average is $32.46.

Clearfield Company Profile

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.