Clearfield (CLFD) to Release Quarterly Earnings on Wednesday

Clearfield (NASDAQ:CLFD) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $33.5750 million for the quarter. Clearfield has set its FY 2026 guidance at 0.480-0.620 EPS and its Q2 2026 guidance at -0.100–0.020 EPS. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 5:00 PM ET.

Clearfield (NASDAQ:CLFD) last issued its earnings results on Wednesday, February 4th. The communications equipment provider reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. The business had revenue of $34.34 million during the quarter, compared to analysts’ expectations of $31.77 million. Clearfield had a negative net margin of 3.93% and a positive return on equity of 1.72%. On average, analysts expect Clearfield to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Clearfield Stock Performance

Shares of NASDAQ CLFD traded up $0.27 during mid-day trading on Tuesday, reaching $29.64. The company’s stock had a trading volume of 62,149 shares, compared to its average volume of 133,549. The stock has a 50-day moving average of $29.18 and a two-hundred day moving average of $30.53. The stock has a market capitalization of $405.62 million, a P/E ratio of -60.31 and a beta of 1.90. Clearfield has a 1-year low of $23.76 and a 1-year high of $46.76.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on CLFD shares. Roth Mkm reiterated a “buy” rating and issued a $44.00 target price on shares of Clearfield in a research report on Monday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Clearfield in a research report on Monday, April 20th. Finally, Zacks Research cut shares of Clearfield from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $43.75.

Insider Transactions at Clearfield

In related news, Director Donald R. Hayward sold 3,595 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $32.00, for a total transaction of $115,040.00. Following the completion of the sale, the director directly owned 10,870 shares in the company, valued at approximately $347,840. This trade represents a 24.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 17.80% of the company’s stock.

Institutional Investors Weigh In On Clearfield

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Clearfield by 0.4% during the third quarter. Vanguard Group Inc. now owns 940,004 shares of the communications equipment provider’s stock worth $32,317,000 after purchasing an additional 4,139 shares during the last quarter. Cooper Creek Partners Management LLC increased its position in Clearfield by 1,705.7% during the third quarter. Cooper Creek Partners Management LLC now owns 479,741 shares of the communications equipment provider’s stock worth $16,493,000 after purchasing an additional 453,173 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Clearfield by 2.5% during the third quarter. Dimensional Fund Advisors LP now owns 345,833 shares of the communications equipment provider’s stock worth $11,889,000 after purchasing an additional 8,288 shares during the last quarter. Royal Bank of Canada increased its position in Clearfield by 6.2% during the first 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 last quarter. Finally, Punch & Associates Investment Management Inc. increased its position in Clearfield by 48.4% during the third quarter. Punch & Associates Investment Management Inc. now owns 262,610 shares of the communications equipment provider’s stock worth $9,029,000 after purchasing an additional 85,610 shares during the last quarter. 88.73% of the stock is currently owned by institutional investors and hedge funds.

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.