Clearfield (NASDAQ:CLFD) Issues Q1 2027 Earnings Guidance

Clearfield (NASDAQ:CLFD) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of -0.060-0.030 for the period, compared to the consensus EPS estimate of 0.120. The company issued revenue guidance of $48.0 million-$52.0 million, compared to the consensus revenue estimate of $42.1 million. Clearfield also updated its FY 2027 guidance to 0.250-0.460 EPS.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Weiss Ratings raised shares of Clearfield from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Lake Street Capital set a $38.00 target price on Clearfield in a research report on Thursday, August 6th. Zacks Research upgraded Clearfield from a “strong sell” rating to a “hold” rating in a report on Friday, October 30th. Finally, Needham & Company LLC dropped their price target on Clearfield from $52.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Five investment 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 data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $41.75.

Clearfield Price Performance

NASDAQ CLFD opened at $29.35 on Wednesday. The firm has a market capitalization of $398.63 million, a price-to-earnings ratio of -57.30 and a beta of 2.06. The company has a 50 day simple moving average of $30.60 and a 200-day simple moving average of $32.46. Clearfield has a 52-week low of $23.76 and a 52-week high of $52.73.

About Clearfield

Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures and sells fiber optic connectivity products used to deploy, manage and protect broadband networks. Its portfolio includes fiber distribution cabinets, panels, terminals, enclosures, splice solutions and other components that support fiber installation from the central office or data center through the outside plant and to end users. The company markets its products under brands including FieldSmart and WaveSmart. Clearfield’s solutions are designed for communications service providers, community broadband operators, utilities, municipalities, government organizations and other network owners building fiber-to-the-home, fiber-to-the-premises and related broadband infrastructure.