Clearfield

CLFD · NASDAQ

$29.31−$1.29 (−4.22%)TodayMarket closed · Oct 20, 6:29 PM ET

Prev close $30.60

CLFD analyst rating

BuyConsensus of 4 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy4
Hold0
Underperform0
Sell0

12-month price target · 6 analysts

Average $41.06 (+40.1% upside)

Low: $38.38
Now: $29.31
High: $47.25

Upgrades and downgrades

The latest rating actions, newest first

CLFD analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Needham	Aug 6, 2026	Maintains	Buy	$52.00 → $40.00	50%
Lake Street	Nov 26, 2025	Maintains	Buy	$52.00 → $41.00	46%
Northland Capital Markets	Nov 26, 2025	Upgrade	Market Perform → Outperform	$45.00	71%
Roth Capital	Nov 26, 2025	Maintains	Buy	$50.00 → $43.00	48%
Needham	Nov 26, 2025	Maintains	Buy	$50.00 → $45.00	50%

The case for and against

Updated May 19, 2026

Bull case

Clearfield is a telecommunications company with a strong foothold in the North American broadband market, providing fiber protection, management, and delivery solutions. Despite facing headwinds from government shutdowns and delays in funding, the company's strong relationships with community broadband providers and its expansion into new markets such as edge data centers position it for growth in the future. Additionally, a renewed focus on core growth and profitability following the divestiture of Nestor, and an expanded share repurchase program, indicate confidence in the company's long-term potential.

Bear case

Clearfield is expected to face challenges in meeting demand for its products due to industry-wide fiber shortages and competition from data center builds. Their guidance for Q1 and F26 revenue and earnings was lower than expected due to government shutdown and delays in BEAD-related spending. Additionally, supply chain bottlenecks and potential macroeconomic conditions could hinder their growth and profitability.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.