Clearfield, Inc. (CLFD) – What Are Investment Firms Saying About This Stock?

Shares of Clearfield, Inc. (NASDAQ:CLFD) have received a consensus rating of “Hold” from the seven brokerages that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $41.75.

CLFD has been the topic of a number of recent research reports. Needham & Company LLC lowered their target price on Clearfield from $52.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Zacks Research cut Clearfield from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 1st. Lake Street Capital set a $38.00 price objective on Clearfield in a report on Thursday, August 6th. Finally, Weiss Ratings upgraded Clearfield from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday.

Clearfield Stock Down 2.6%

NASDAQ:CLFD opened at $33.14 on Tuesday. The stock has a fifty day simple moving average of $30.05 and a 200 day simple moving average of $33.39. The firm has a market capitalization of $450.17 million, a price-to-earnings ratio of -64.98 and a beta of 2.14. Clearfield has a 1-year low of $23.76 and a 1-year high of $52.73.

Clearfield (NASDAQ:CLFD) last announced its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $43.86 million for 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. Equities analysts predict that Clearfield will post 0.23 earnings per share for the current year.

Hedge Funds Weigh In On Clearfield

Institutional investors have recently modified their holdings of the company. Sequoia Financial Advisors LLC raised its holdings in Clearfield by 14.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,270 shares of the communications equipment provider’s stock worth $568,000 after acquiring an additional 1,837 shares during the period. AXQ Capital LP acquired a new position in Clearfield during the 2nd quarter worth $355,000. Punch & Associates Investment Management Inc. acquired a new position in Clearfield during the 2nd quarter worth $11,046,000. Bank of America Corp DE bought a new stake in Clearfield during the second quarter valued at about $3,154,000. Finally, Lotus Technology Management LP bought a new stake in Clearfield during the second quarter valued at about $236,000. Institutional investors own 88.73% of the company’s stock.

Clearfield Company Profile

Clearfield, Inc (NASDAQ: CLFD) develops and manufactures fiber-optic connectivity products used to deploy and manage broadband networks. Its portfolio includes fiber cabinets, terminals, enclosures, splice closures, patch panels, drop products and other components designed to support fiber-to-the-home and other fiber access architectures.

The company’s products are marketed under the Clearfield brand and are intended to simplify network construction, installation and maintenance. Clearfield serves broadband service providers, cable and telecommunications operators, utilities, municipalities, government organizations and other network operators, with a primary focus on fiber infrastructure deployments in North America.

Clearfield traces its roots to 1979 and has evolved from a provider of telecommunications equipment into a specialist in passive fiber connectivity solutions.