Clearfield (NASDAQ:CLFD) Releases Q3 2026 Earnings Guidance

Clearfield (NASDAQ:CLFD) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.170-0.210 for the period, compared to the consensus 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 Price Performance

Shares of CLFD traded up $0.35 during midday trading on Wednesday, hitting $30.16. The stock had a trading volume of 131,172 shares, compared to its average volume of 133,496. Clearfield has a 1 year low of $23.76 and a 1 year high of $46.76. The firm has a market cap of $412.82 million, a PE ratio of -61.54 and a beta of 1.90. The stock’s 50 day moving average is $29.12 and its 200 day moving average is $30.47.

Clearfield (NASDAQ:CLFD) last announced its earnings results on Wednesday, May 6th. The communications equipment provider reported ($0.04) earnings per share for the quarter, meeting the consensus estimate of ($0.04). The business had revenue of $34.39 million for the quarter, compared to the consensus estimate of $33.58 million. Clearfield had a negative net margin of 3.93% and a positive return on equity of 1.72%. Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS. As a group, equities research analysts expect that Clearfield will post 0.67 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Insider Activity at Clearfield

In other Clearfield news, Director Donald R. Hayward sold 3,595 shares of the 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 transaction, the director directly owned 10,870 shares in the company, valued at $347,840. This represents a 24.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 17.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quarry LP bought a new position in Clearfield during the 3rd quarter worth about $42,000. Los Angeles Capital Management LLC bought a new position in Clearfield during the 4th quarter worth about $63,000. Tower Research Capital LLC TRC grew its holdings in Clearfield by 116.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider’s stock worth $82,000 after acquiring an additional 1,012 shares in the last quarter. Strs Ohio bought a new position in Clearfield during the 1st quarter worth about $131,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Clearfield by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,222 shares of the communications equipment provider’s stock valued at $215,000 after acquiring an additional 312 shares in the last quarter. 88.73% of the stock is currently owned by institutional investors.

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.