Q4 EPS Estimates for Clearfield Decreased by Analyst

Key Points

• Northland Securities trimmed its Q4 2026 EPS estimate for Clearfield to $0.38 from $0.39, signaling a slightly more cautious outlook ahead of the quarter.
• Clearfield’s most recent earnings report showed EPS of -$0.04, in line with expectations, while revenue of $34.39 million beat the consensus estimate of $33.58 million.
• Analyst sentiment remains generally positive, with five Buy ratings and two Hold ratings and an average price target of $43.75 versus the stock’s recent price of $40.04.

Clearfield, Inc. (NASDAQ:CLFD - Free Report) - Equities research analysts at Northland Securities lowered their Q4 2026 earnings estimates for Clearfield in a report released on Thursday, May 7th. Northland Securities analyst T. Savageaux now expects that the communications equipment provider will post earnings per share of $0.38 for the quarter, down from their previous estimate of $0.39. The consensus estimate for Clearfield's current full-year earnings is $0.52 per share.

Clearfield (NASDAQ:CLFD - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The communications equipment provider reported ($0.04) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.04). Clearfield had a negative net margin of 5.41% and a positive return on equity of 1.03%. The company had revenue of $34.39 million during the quarter, compared to the consensus estimate of $33.58 million. Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS.

CLFD has been the subject of a number of other research reports. Weiss Ratings reissued a "hold (c-)" rating on shares of Clearfield in a research report on Monday, April 20th. Roth Mkm reissued a "buy" rating and set a $44.00 price target on shares of Clearfield in a research report on Monday, May 4th. Finally, Zacks Research downgraded shares of Clearfield from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 9th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $43.75.

Clearfield Price Performance

Shares of NASDAQ:CLFD opened at $40.04 on Monday. Clearfield has a 52-week low of $23.76 and a 52-week high of $46.76. The company has a 50 day moving average of $29.19 and a two-hundred day moving average of $30.45. The company has a market capitalization of $544.14 million, a price-to-earnings ratio of -64.58 and a beta of 1.90.

Institutional Investors Weigh In On Clearfield

A number of hedge funds and other institutional investors have recently modified their holdings of CLFD. Quarry LP bought a new stake in Clearfield in the third quarter worth about $42,000. Los Angeles Capital Management LLC bought a new stake in Clearfield in the fourth quarter worth about $63,000. Tower Research Capital LLC TRC raised its position in Clearfield by 116.3% in the second quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider's stock worth $82,000 after acquiring an additional 1,012 shares in the last quarter. Strs Ohio bought a new stake in Clearfield in the first quarter worth about $131,000. Finally, Quantbot Technologies LP bought a new stake in Clearfield in the third quarter worth about $202,000. 88.73% of the stock is currently owned by institutional investors.

Insider Transactions at Clearfield

In other Clearfield news, Director Donald R. Hayward sold 3,595 shares of the firm's stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $32.00, for a total value of $115,040.00. Following the sale, the director directly owned 10,870 shares in the company, valued at approximately $347,840. This trade represents a 24.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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.

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