Roth Capital Issues Negative Outlook for Clearfield Earnings

Clearfield, Inc. (NASDAQ:CLFD) – Roth Capital dropped their Q4 2025 earnings per share estimates for Clearfield in a note issued to investors on Sunday, December 8th. Roth Capital analyst S. Searle now anticipates that the communications equipment provider will post earnings per share of $0.33 for the quarter, down from their prior estimate of $0.44. The consensus estimate for Clearfield’s current full-year earnings is ($0.05) per share. Roth Capital also issued estimates for Clearfield’s Q1 2026 earnings at $0.20 EPS, Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.34 EPS, Q4 2026 earnings at $0.48 EPS and FY2026 earnings at $1.24 EPS.

Clearfield (NASDAQ:CLFD) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.13. Clearfield had a negative net margin of 7.47% and a negative return on equity of 4.41%. The company had revenue of $46.80 million for the quarter, compared to analysts’ expectations of $41.95 million. During the same period last year, the firm posted $0.17 earnings per share. The business’s quarterly revenue was down 5.8% compared to the same quarter last year.

CLFD has been the topic of several other research reports. StockNews.com upgraded Clearfield from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 price target on shares of Clearfield in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Clearfield presently has an average rating of “Moderate Buy” and a consensus target price of $46.75.

Clearfield Stock Performance

CLFD stock opened at $32.74 on Tuesday. Clearfield has a 1-year low of $24.78 and a 1-year high of $44.83. The business’s 50-day moving average price is $33.92 and its two-hundred day moving average price is $37.07. The firm has a market cap of $467.85 million, a PE ratio of -38.52 and a beta of 1.28. The company has a current ratio of 9.43, a quick ratio of 6.69 and a debt-to-equity ratio of 0.01.

Insider Transactions at Clearfield

In other Clearfield news, Chairman Ronald G. Roth bought 5,000 shares of Clearfield stock in a transaction that occurred on Thursday, December 5th. The stock was acquired at an average price of $31.00 per share, for a total transaction of $155,000.00. Following the completion of the acquisition, the chairman now owns 1,266,796 shares of the company’s stock, valued at $39,270,676. This trade represents a 0.40 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 16.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Clearfield

Large investors have recently modified their holdings of the business. Divisadero Street Capital Management LP acquired a new stake in shares of Clearfield in the second quarter valued at about $7,801,000. Dimensional Fund Advisors LP grew its stake in Clearfield by 83.2% in the second quarter. Dimensional Fund Advisors LP now owns 228,173 shares of the communications equipment provider’s stock valued at $8,798,000 after purchasing an additional 103,648 shares in the last quarter. Barclays PLC increased its position in shares of Clearfield by 164.2% during the 3rd quarter. Barclays PLC now owns 87,971 shares of the communications equipment provider’s stock worth $3,428,000 after purchasing an additional 54,670 shares during the last quarter. Segall Bryant & Hamill LLC raised its stake in shares of Clearfield by 12.2% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 249,087 shares of the communications equipment provider’s stock worth $9,704,000 after purchasing an additional 27,178 shares in the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of Clearfield in the 2nd quarter valued at approximately $835,000. 88.73% of the stock is currently owned by institutional investors and hedge funds.

About Clearfield

Clearfield, Inc manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products.