Clearfield (NASDAQ:CLFD) Releases Q3 2026 Earnings Guidance

Clearfield (NASDAQ:CLFD) updated its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.170-0.210 for the period, compared to the consensus EPS estimate of 0.230. The company issued revenue guidance of $42.0 million-$46.0 million, compared to the consensus revenue estimate of $43.7 million. Clearfield also updated its FY 2026 guidance to EPS.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CLFD shares. Zacks Research downgraded shares of Clearfield from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Roth Mkm restated a “buy” rating and issued a $44.00 target price on shares of Clearfield in a research note on Monday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Clearfield in a report on Monday, April 20th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Clearfield presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.75.

Clearfield Stock Performance

Shares of NASDAQ:CLFD traded up $2.08 during trading on Friday, hitting $39.57. The company’s stock had a trading volume of 505,741 shares, compared to its average volume of 145,508. The company has a market capitalization of $541.52 million, a PE ratio of -63.86 and a beta of 1.90. Clearfield has a fifty-two week low of $23.76 and a fifty-two week high of $46.76. The stock’s 50-day moving average price is $29.19 and its two-hundred day moving average price is $30.45.

Clearfield (NASDAQ:CLFD) last posted its quarterly earnings data on Wednesday, May 6th. The communications equipment provider reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). Clearfield had a positive return on equity of 1.01% and a negative net margin of 5.41%.The company had revenue of $34.39 million for the quarter, compared to the consensus estimate of $33.58 million. Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS. On average, equities analysts predict that Clearfield will post 0.49 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Donald R. Hayward sold 3,595 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were 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 of the company’s stock, valued at $347,840. This represents a 24.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 17.80% of the company’s stock.

Institutional Investors Weigh In On Clearfield

Institutional investors have recently modified their holdings of the stock. Nebula Research & Development LLC acquired a new position in Clearfield in the second quarter worth about $648,000. Jane Street Group LLC raised its stake in Clearfield by 45.5% during the first quarter. Jane Street Group LLC now owns 20,136 shares of the communications equipment provider’s stock valued at $598,000 after buying an additional 6,294 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Clearfield by 1,690.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 13,193 shares of the communications equipment provider’s stock worth $573,000 after buying an additional 12,456 shares during the last quarter. XTX Topco Ltd bought a new position in Clearfield during the 4th quarter worth approximately $445,000. Finally, Mangrove Partners IM LLC acquired a new position in shares of Clearfield in the 4th quarter worth approximately $443,000. Institutional investors and hedge funds own 88.73% of the company’s stock.

Clearfield Company Profile

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.