Clearfield (NASDAQ:CLFD) Releases FY 2027 Earnings Guidance

Clearfield (NASDAQ:CLFD) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.250-0.460 for the period, compared to the consensus estimate of 0.870. The company issued revenue guidance of $195.0 million-$205.0 million, compared to the consensus revenue estimate of $187.3 million. Clearfield also updated its Q1 2027 guidance to -0.060-0.030 EPS.

Clearfield Price Performance

Shares of NASDAQ:CLFD opened at $31.27 on Friday. The company has a market capitalization of $424.77 million, a price-to-earnings ratio of 223.36 and a beta of 2.06. The business’s 50-day moving average is $30.70 and its 200-day moving average is $32.46. Clearfield has a 1 year low of $23.76 and a 1 year high of $52.73.

Analyst Ratings Changes

CLFD has been the subject of several recent analyst reports. Needham & Company LLC decreased their target price on Clearfield from $52.00 to $40.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Weiss Ratings cut Clearfield from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday. Zacks Research raised shares of Clearfield from a “strong sell” rating to a “hold” rating in a research report on Friday, October 30th. Finally, Lake Street Capital set a $38.00 price objective on shares of Clearfield in a research report on Thursday, August 6th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Clearfield currently has a consensus rating of “Moderate Buy” and an average price target of $41.75.

Clearfield Company Profile

Clearfield, Inc. designs, manufactures and distributes fiber-optic management and connectivity products used to build and maintain broadband networks. Its solutions help service providers organize, protect and connect fiber from central offices and network hubs to homes and businesses. The company’s offerings include fiber distribution cabinets, enclosures, panels, wall boxes and related connectivity components. Its product lines include FieldSmart, YOURx and StreetSmart, which are designed for applications such as fiber-to-the-home deployments and other access-network environments.