Northland Securities Predicts Lower Earnings for Clearfield

Clearfield, Inc. (NASDAQ:CLFD) – Stock analysts at Northland Securities cut their Q2 2026 earnings per share estimates for Clearfield in a report released on Thursday, February 5th. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will earn ($0.05) per share for the quarter, down from their previous estimate of $0.02. Northland Securities currently has a “Outperform” rating and a $45.00 target price on the stock. The consensus estimate for Clearfield’s current full-year earnings is ($0.29) per share. Northland Securities also issued estimates for Clearfield’s Q3 2026 earnings at $0.22 EPS and Q4 2026 earnings at $0.39 EPS.

CLFD has been the topic of a number of other research reports. Zacks Research raised shares of Clearfield from a “hold” rating to a “strong-buy” rating in a report on Friday, January 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Clearfield in a research report on Wednesday, January 21st. Lake Street Capital cut their price target on Clearfield from $52.00 to $41.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. UBS Group reissued a “buy” rating on shares of Clearfield in a report on Wednesday, November 26th. Finally, Needham & Company LLC lowered their target price on Clearfield from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $43.50.

Clearfield Stock Performance

CLFD stock opened at $30.91 on Monday. The stock has a market capitalization of $428.10 million, a price-to-earnings ratio of -63.08 and a beta of 1.94. Clearfield has a 1 year low of $23.78 and a 1 year high of $46.76. The stock’s fifty day moving average is $30.08 and its two-hundred day moving average is $32.89.

Clearfield (NASDAQ:CLFD) last announced its quarterly earnings results on Wednesday, February 4th. The communications equipment provider reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.02. The business had revenue of $34.34 million for the quarter, compared to the consensus estimate of $31.77 million. Clearfield had a positive return on equity of 1.72% and a negative net margin of 3.93%.Clearfield has set its FY 2026 guidance at 0.480-0.620 EPS and its Q2 2026 guidance at -0.100–0.020 EPS.

Hedge Funds Weigh In On Clearfield

Hedge funds and other institutional investors have recently modified their holdings of the stock. Quarry LP acquired a new stake in Clearfield during the 3rd quarter worth about $42,000. Tower Research Capital LLC TRC increased its position in shares of Clearfield by 116.3% in the second 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 acquired a new stake in shares of Clearfield during the first quarter valued at approximately $131,000. Captrust Financial Advisors purchased a new stake in shares of Clearfield in the 2nd quarter valued at approximately $220,000. Finally, Semanteon Capital Management LP acquired a new position in Clearfield in the 2nd quarter worth approximately $222,000. Institutional investors and hedge funds own 88.73% of the company’s stock.

Insider Activity at Clearfield

In related news, Chairman Ronald G. Roth acquired 10,000 shares of Clearfield stock in a transaction dated Monday, December 15th. The stock was acquired at an average cost of $30.06 per share, with a total value of $300,600.00. Following the purchase, the chairman directly owned 1,279,264 shares in the company, valued at $38,454,675.84. The trade was a 0.79% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 17.80% of the company’s stock.

Clearfield announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, November 25th that permits the company to buyback $85.00 million in outstanding shares. This buyback authorization permits the communications equipment provider to repurchase up to 22% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

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.