Clearfield (NASDAQ:CLFD) Releases FY 2026 Earnings Guidance

Clearfield (NASDAQ:CLFD) updated its FY 2026 earnings guidance on Wednesday. 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 Stock Up 1.1%

Clearfield stock traded up $0.34 during midday trading on Wednesday, hitting $30.47. 214,498 shares of the stock were exchanged, compared to its average volume of 137,943. The company has a fifty day simple moving average of $30.03 and a two-hundred day simple moving average of $33.16. The stock has a market capitalization of $422.01 million, a PE ratio of -52.53 and a beta of 1.94. Clearfield has a 52 week low of $23.78 and a 52 week high of $46.76.

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

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Clearfield in a research report on Wednesday, January 21st. Wall Street Zen downgraded Clearfield from a “buy” rating to a “hold” rating in a report on Friday, November 28th. UBS Group reissued a “buy” rating on shares of Clearfield in a report on Wednesday, November 26th. Northland Securities upgraded Clearfield from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research report on Wednesday, November 26th. Finally, Zacks Research upgraded Clearfield from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Clearfield presently has an average rating of “Buy” and a consensus price target of $43.50.

Insider Buying and Selling

In related news, Chairman Ronald G. Roth acquired 10,000 shares of Clearfield stock in a transaction dated 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 transaction, the chairman directly owned 1,279,264 shares in the company, valued at $38,454,675.84. This represents a 0.79% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 17.80% of the company’s stock.

More Clearfield News

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

A number of institutional investors and hedge funds have recently made changes to their positions in CLFD. Royal Bank of Canada boosted its stake in Clearfield by 6.2% in 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 acquiring an additional 15,659 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of 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 purchasing an additional 312 shares during the period. Jane Street Group LLC increased 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 valued at $598,000 after buying an additional 6,294 shares during the period. Strs Ohio bought a new stake in Clearfield during the 1st quarter worth approximately $131,000. Finally, Rhumbline Advisers increased its holdings in shares of Clearfield by 6.4% in the second quarter. Rhumbline Advisers now owns 20,103 shares of the communications equipment provider’s stock worth $873,000 after purchasing an additional 1,216 shares during the period. Institutional investors and hedge funds own 88.73% of the company’s stock.

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.