Clearfield Q2 EPS Estimate Decreased by Northland Securities

Clearfield, Inc. (NASDAQ:CLFD) – Analysts at Northland Securities decreased their Q2 2026 earnings per share (EPS) estimates for shares of Clearfield in a research report issued on Thursday, February 5th. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will earn ($0.05) per share for the quarter, down from their prior estimate of $0.02. Northland Securities has a “Outperform” rating and a $45.00 price objective on the stock. The consensus estimate for Clearfield’s current full-year earnings is ($0.29) per share. Northland Securities also issued estimates for Clearfield’s Q3 2026 earnings at $0.22 EPS and Q4 2026 earnings at $0.39 EPS.

Clearfield (NASDAQ:CLFD) last released its quarterly earnings results on Wednesday, February 4th. The communications equipment provider reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. The company had revenue of $34.34 million during the quarter, compared to analysts’ expectations of $31.77 million. Clearfield had a positive return on equity of 1.72% and a negative net margin of 3.93%.Clearfield has set its FY 2026 guidance at 0.480-0.620 EPS and its Q2 2026 guidance at -0.100–0.020 EPS.

Several other brokerages also recently issued reports on CLFD. UBS Group reissued a “buy” rating on shares of Clearfield in a research note on Wednesday, November 26th. Needham & Company LLC reduced their price target on Clearfield from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Clearfield in a report on Wednesday, January 21st. Wall Street Zen lowered Clearfield from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Finally, Zacks Research upgraded Clearfield from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Clearfield has a consensus rating of “Buy” and a consensus target price of $43.50.

Clearfield Trading Up 6.3%

NASDAQ:CLFD opened at $30.91 on Monday. Clearfield has a 12-month low of $23.78 and a 12-month high of $46.76. The firm has a market cap of $428.10 million, a price-to-earnings ratio of -63.08 and a beta of 1.94. The company’s 50-day moving average is $30.08 and its two-hundred day moving average is $32.89.

Clearfield announced that its Board of Directors has authorized a stock buyback program on Tuesday, November 25th that authorizes the company to repurchase $85.00 million in shares. This repurchase authorization authorizes the communications equipment provider to buy up to 22% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In other news, Chairman Ronald G. Roth purchased 10,000 shares of the stock in a transaction on Monday, December 15th. The stock was purchased at an average price of $30.06 per share, with a total value of $300,600.00. Following the completion of the transaction, the chairman owned 1,279,264 shares in the company, valued at approximately $38,454,675.84. The trade was a 0.79% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 17.80% of the company’s stock.

Hedge Funds Weigh In On Clearfield

Several hedge funds and other institutional investors have recently modified their holdings of CLFD. Royal Bank of Canada grew its holdings in shares of Clearfield by 6.2% during the 1st quarter. Royal Bank of Canada now owns 269,865 shares of the communications equipment provider’s stock worth $8,020,000 after purchasing an additional 15,659 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Clearfield by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,222 shares of the communications equipment provider’s stock worth $215,000 after buying an additional 312 shares during the period. Jane Street Group LLC increased its position in shares of Clearfield by 45.5% in the first quarter. Jane Street Group LLC now owns 20,136 shares of the communications equipment provider’s stock worth $598,000 after acquiring an additional 6,294 shares in the last quarter. Strs Ohio purchased a new position in shares of Clearfield in the 1st quarter valued at $131,000. Finally, AlphaQuest LLC lifted its holdings in shares of Clearfield by 2,046.4% during the 2nd quarter. AlphaQuest LLC now owns 17,579 shares of the communications equipment provider’s stock valued at $763,000 after acquiring an additional 16,760 shares in the last quarter. 88.73% of the stock is owned by institutional investors and hedge funds.

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.