Q3 EPS Estimates for Clearfield Raised by Northland Capmk

Clearfield, Inc. (NASDAQ:CLFD) – Investment analysts at Northland Capmk boosted their Q3 2026 earnings estimates for Clearfield in a research note issued on Wednesday, November 26th. Northland Capmk analyst T. Savageaux now forecasts that the communications equipment provider will post earnings per share of $0.25 for the quarter, up from their prior estimate of $0.22. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Clearfield’s current full-year earnings is ($0.29) per share. Northland Capmk also issued estimates for Clearfield’s Q4 2026 earnings at $0.33 EPS and FY2026 earnings at $0.54 EPS.

CLFD has been the subject of a number of other research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Clearfield in a research report on Wednesday, October 8th. UBS Group restated a “buy” rating on shares of Clearfield in a report on Wednesday. Wall Street Zen upgraded shares of Clearfield from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Needham & Company LLC lowered their price target on shares of Clearfield from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Lake Street Capital cut their price objective on Clearfield from $52.00 to $41.00 and set a “buy” rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $43.50.

Clearfield Stock Performance

Shares of CLFD stock opened at $28.47 on Thursday. The stock has a fifty day moving average price of $33.65 and a 200 day moving average price of $36.66. The stock has a market cap of $393.06 million, a PE ratio of 2,847.00 and a beta of 1.81. Clearfield has a 1 year low of $23.78 and a 1 year high of $46.76.

Clearfield (NASDAQ:CLFD) last announced its quarterly earnings results on Tuesday, November 25th. The communications equipment provider reported $0.13 EPS for the quarter, topping the consensus estimate of $0.09 by $0.04. Clearfield had a return on equity of 0.07% and a net margin of 0.11%.The business had revenue of $17.59 million for the quarter, compared to analyst estimates of $49.55 million. Clearfield has set its Q1 2026 guidance at -0.080-0.000 EPS. FY 2026 guidance at 0.480-0.620 EPS.

Hedge Funds Weigh In On Clearfield

A number of institutional investors have recently modified their holdings of CLFD. US Bancorp DE boosted its position in Clearfield by 705.0% during the first quarter. US Bancorp DE now owns 966 shares of the communications equipment provider’s stock worth $29,000 after acquiring an additional 846 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Clearfield by 2,710.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,855 shares of the communications equipment provider’s stock worth $55,000 after purchasing an additional 1,789 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Clearfield by 0.8% during the first quarter. Vanguard Group Inc. now owns 952,059 shares of the communications equipment provider’s stock worth $28,295,000 after purchasing an additional 7,919 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Clearfield by 4.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 95,825 shares of the communications equipment provider’s stock valued at $2,848,000 after purchasing an additional 4,290 shares during the period. Finally, Invesco Ltd. grew its position in shares of Clearfield by 60.6% in the first quarter. Invesco Ltd. now owns 24,325 shares of the communications equipment provider’s stock valued at $723,000 after purchasing an additional 9,179 shares during the period. Institutional investors and hedge funds own 88.73% of the company’s stock.

Clearfield declared that its board has authorized a stock buyback program on Tuesday, November 25th that allows the company to buyback $85.00 million in outstanding shares. This buyback authorization allows the communications equipment provider to purchase up to 22% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Clearfield Company Profile

Clearfield, Inc manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products.