Clearfield (NASDAQ:CLFD) Releases FY 2026 Earnings Guidance

04 Feb 2026, 20:22 by Scott Moore · The Cerbat Gem

Clearfield (NASDAQ:CLFD – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.480-0.620 for the period, compared to the consensus estimate of 0.600. The company issued revenue guidance of $160.0 million-$170.0 million, compared to the consensus revenue estimate of $164.5 million. Clearfield also updated its Q2 2026 guidance to -0.100–0.020 EPS.

Clearfield Trading Up 1.1%

CLFD stock traded up $0.34 during trading on Wednesday, reaching $30.47. 214,498 shares of the stock were exchanged, compared to its average volume of 137,943. The business has a 50 day moving average price of $30.03 and a 200-day moving average price of $33.16. The firm has a market capitalization of $422.01 million, a price-to-earnings ratio of -52.53 and a beta of 1.94. Clearfield has a 1 year low of $23.78 and a 1 year high of $46.76.

Clearfield (NASDAQ:CLFD – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The communications equipment provider reported ($0.04) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.04). Clearfield had a positive return on equity of 1.07% and a negative net margin of 4.65%.The business had revenue of $34.34 million during the quarter, compared to analysts’ expectations of $31.77 million. Clearfield has set its FY 2026 guidance at 0.480-0.620 EPS and its Q2 2026 guidance at -0.100–0.020 EPS. On average, research analysts anticipate that Clearfield will post -0.29 EPS for the current year.

Clearfield announced that its Board of Directors has authorized a share repurchase plan on Tuesday, November 25th that authorizes the company to repurchase $85.00 million in shares. This repurchase authorization authorizes the communications equipment provider to purchase up to 22% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several analysts have commented on CLFD shares. Wall Street Zen downgraded Clearfield from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Northland Securities upgraded shares of Clearfield from a “market perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a research report on Wednesday, November 26th. UBS Group reissued a “buy” rating on shares of Clearfield in a research report on Wednesday, November 26th. Roth Mkm decreased their price objective on shares of Clearfield from $50.00 to $43.00 and set a “buy” rating for the company in a research report on Tuesday, November 25th. Finally, Lake Street Capital dropped their price target on Clearfield from $52.00 to $41.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Clearfield has an average rating of “Buy” and an average price target of $43.50.

Check Out Our Latest Stock Analysis on CLFD

Insider Transactions at Clearfield

In related news, Chairman Ronald G. Roth purchased 10,000 shares of Clearfield stock in a transaction on Monday, December 15th. The stock was bought at an average price of $30.06 per share, with a total value of $300,600.00. Following the completion of the transaction, the chairman directly owned 1,279,264 shares of the company’s stock, valued at approximately $38,454,675.84. This represents a 0.79% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 17.80% of the stock is owned by company insiders.

Clearfield News Summary

Here are the key news stories impacting Clearfield this week:

Positive Sentiment: Q1 results: Clearfield reported fiscal Q1 revenue of $34.34M, topping analyst estimates, and narrowed its loss year-over-year — a headline that supports near-term upside. Article Title
Neutral Sentiment: Company disclosures and investor materials: Clearfield posted the formal press release and shareholder letter and held the earnings call (transcript available), giving investors detail on results and execution. These items provide context but are informational rather than catalytic by themselves. Article Title
Neutral Sentiment: Earnings transcript available for investor review — useful for cadence/details on bookings, backlog and margin drivers but not a new data point beyond the release. Article Title
Negative Sentiment: Mixed forward guidance: management issued Q2 FY2026 EPS guidance of -0.10 to -0.02 and revenue guidance of $32M–$35M, both below consensus — a clear near-term headwind that could pressure the stock if investors focus on the weaker quarterly outlook. Article Title
Negative Sentiment: FY2026 guidance: management set full-year EPS of $0.48–$0.62 and revenue $160M–$170M; the EPS midpoint is slightly below street estimates, which could temper enthusiasm despite the company’s revenue range being near consensus. Article Title
Neutral Sentiment: Short interest data in recent reports appears to be unreliable/zero and should not be relied on for positioning — no actionable signal from the published short-interest snapshot. (Source: aggregated exchange data)

Institutional Investors Weigh In On Clearfield

Large investors have recently made changes to their positions in the company. Royal Bank of Canada grew its stake in shares of Clearfield by 6.2% during the first quarter. Royal Bank of Canada now owns 269,865 shares of the communications equipment provider’s stock valued at $8,020,000 after purchasing an additional 15,659 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Clearfield by 4.5% in 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 during the period. Jane Street Group LLC boosted its position in shares of Clearfield by 45.5% during the first quarter. Jane Street Group LLC now owns 20,136 shares of the communications equipment provider’s stock worth $598,000 after purchasing an additional 6,294 shares in the last quarter. Strs Ohio bought a new position in Clearfield during the first quarter worth about $131,000. Finally, Rhumbline Advisers grew its position in shares of Clearfield by 6.4% in the 2nd quarter. Rhumbline Advisers now owns 20,103 shares of the communications equipment provider’s stock valued at $873,000 after purchasing an additional 1,216 shares during the period. Institutional investors own 88.73% of the company’s stock.

Clearfield Company Profile

(Get Free Report)

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.