Clearfield, Inc. CLFD

31.07 0.54 1.77% as of 25 Sep
Market cap
$414.7M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.30
Total sells 1.15
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — 1 — — — — — — — — —
Sell — — — — 1 — — 3 2 1 — —
Insider Ownership 18.04%

Capital & Financial Ratios

Market Cap 414.72
Revenue 153.66
Net Income (7.22)
Free Cash Flow 8.25
Net Debt (101.22)
Current Ratio 12.53
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 2.74
P/B ratio 1.72
Past 5Y EPS Growth 46.82%
This Y EPS Growth 135.06%
Next Y EPS Growth 339.34%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 168 129 106 101
Receivables 28 14 18 22
Inventory 98 56 42 33
Other 2 20 21 —
296 230 198 171
2023 2024 2025 Q'26
Payables 9 3 7 5
ST’ Debt 2 — — —
Other 6 12 18 —
29 24 37 14
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 9.55% 10.03% (17.86%)
Cash Flow 14.51% 31.88% 127.40%
Earnings 0.00% 0.00% 0.00%
Book Value 17.45% 25.36% 20.18%

Revenue

Dec Mar Jun Sep Year
’26 34 34 44 — —
’25 30 41 39 41 150
’24 34 37 49 6 126
’23 86 72 61 7 226
’22 51 53 71 95 271
’21 27 30 39 45 141
’20 19 20 26 27 93
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Dec Mar Jun Sep Year
’26 (1) (1) 10 — —
’25 8 4 10 4 27
’24 11 (6) 4 9 18
’23 1 9 3 11 25
’22 0 (11) 2 12 2
’21 3 4 1 3 11
’20 0 2 0 4 7
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Dec Mar Jun Sep Year
’26 (2) (2) 9 — —
’25 6 3 10 4 23
’24 8 (8) 3 6 10
’23 (1) 6 2 10 17
’22 (2) (14) 0 9 (7)
’21 2 4 1 2 9
’20 (1) 2 0 4 5
in millions of $ · fiscal quarters ending in the months shown

EPS

Dec Mar Jun Sep Year
’26 (0.04) (0.04) 0.22 — —
’25 (0.13) 0.09 0.11 (0.65) (0.58)
’24 (0.35) (0.40) (0.03) (0.06) (0.85)
’23 1.00 0.67 0.33 0.17 2.17
’22 0.75 0.66 0.92 1.22 3.55
’21 0.23 0.27 0.44 0.53 1.47
’20 0.04 0.05 0.22 0.22 0.53
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
12.27 11.00 8.41 9.86 8.32 23.60 44.15 22.91 24.78 23.78

Analyst estimates 2026–2028

Powerpack
Low Price
21.60 21.50 15.30 16.75 28.32 86.71 134.90 100.00 44.83 46.76
High Price
222 230 225 240 230 250 407 400 400 243
Employees
0 0 0 0 0 1 1 1 0 1
Revenue/Emp
75 74 78 85 93 141 271 226 126 150
Revenue
43.66% 40.93% 39.92% 38.44% 40.74% 43.46% 41.70% 35.38% 20.58% 33.66%
Gross Margin
11 6 6 6 9 26 64 43 (12) 9
EBT
14.46% 7.55% 7.12% 6.97% 9.84% 18.28% 23.57% 18.88% (9.37%) 5.77%
EBT Margin
8 4 4 5 7 20 49 33 (12) (8)
Net Income
1 2 2 2 2 2 3 1 2 4
Depreciation
5.63 5.46 5.78 6.33 6.82 10.26 19.67 15.07 8.61 10.73
Revenue/Sh
0.60 0.28 0.32 0.34 0.53 1.48 3.58 2.17 (0.85) (0.58)
Earnings/Sh
0.86 0.47 0.34 1.10 0.49 0.79 0.16 1.64 1.22 1.90
Cash Flow/Sh
(0.12) (0.15) (0.08) (0.19) (0.13) (0.15) (0.66) (0.50) (0.54) (0.27)
Capex/Sh
0.74 0.32 0.26 0.91 0.36 0.65 (0.50) 1.15 0.67 1.62
Free CF/Sh
4.68 4.77 5.13 5.57 6.07 7.57 10.72 21.04 18.91 18.31
Book Value/Sh
13 14 13 13 14 14 14 15 15 14
Shares
32.41 48.93 41.72 34.11 38.06 29.83 29.23 13.26 0.00 0.00
PE Ratio
3.34 2.51 2.31 1.87 2.96 4.30 5.32 1.91 4.52 3.20
PS Ratio
4.02 2.87 2.60 2.13 3.33 5.83 9.76 1.37 2.06 1.88
PB Ratio
2.89 2.18 2.08 1.60 2.70 4.15 5.33 1.22 3.53 2.53
EV/Sales
22.13 39.01 49.27 11.25 53.47 67.21 (205.07) 16.21 45.85 16.86
EV/FCF
12 6 5 15 7 11 2 25 18 27
Op' Cash Flow
(2) (2) (1) (3) (2) (2) (9) (7) (8) (4)
Capex
10 4 3 12 5 9 (7) 17 10 23
FCF
44 37 36 36 42 51 108 267 205 162
Working Cap'
— — — — 3 3 26 13 2 —
Total Debt
(34) (24) (17) (24) (24) (21) 4 (155) (127) (106)
Net Debt
63 65 69 75 83 104 148 315 276 256
Sh' Equity
12.50% 5.49% 5.95% 5.85% 8.23% 18.38% 27.81% 11.13% (3.71%) (2.59%)
ROA
23.09% 8.29% 6.17% 6.32% 8.95% 19.06% 26.31% 14.70% (8.07%) 0.88%
ROIC
14.07% 6.05% 6.41% 6.35% 9.25% 21.79% 39.27% 14.06% (4.21%) (3.03%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Clearfield, Inc. peers in Communication Equipment

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Clearfield, Inc. (CLFD) key facts

  • Clearfield, Inc. (CLFD) is a Communication Equipment company in the Technology sector, listed on Nasdaq.
  • Clearfield, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $150.1 million, up 19.6% from fiscal 2024.
  • Clearfield, Inc. reported a net loss of $8.1 million, or a loss of $0.58 per share, for fiscal 2025.
  • As of September 25, 2026, CLFD traded at $31.07, a market capitalization of $414.7 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 2.7× sales.
  • Return on equity was −3.03% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Clearfield, Inc. (CLFD) Latest News

News by impact score

Fine-tune

24 Sep

4

Clearfield launched the NOVA Velocity Panel, a high-density fiber management solution that supports up to 2,304 fibers in 2RU to speed fiber deployment in AI-focused data centers. By consolidating routing, splicing, and management at the top of the rack, it cuts installation time—potentially hours per panel—while preserving rack space and maintaining low-loss performance. The panel accommodates traditional MPO, LC, and SC connectors as well as VSFF options including MMC, MDC, EBO, SN, and SN-MT. Developed with input from a hyperscale customer and Southern FiberLink Solutions, the modular design allows incremental deployment. Clearfield positions the product as addressing the increased fiber density driven by AI infrastructure and expects it to fit into data-center and compute-focused deployments; it will be showcased at Yotta 2026. High-density deployment capability could significantly influence market adoption, revenue, and competitive positioning in hyperscale data centers.

2 Sep

3

Clearfield enters distribution agreement with WAV to expand wireless infrastructure market reach. Distribution deal with WAV broadens Clearfield wireless access but remains incremental to overall operations.

6 Aug

4

Clearfield Inc posted Q3 2026 earnings with a strategic data center contract win offsetting softness in other areas. Data center win opens major new revenue stream in high-growth sector for Clearfield.

5 Aug

4

Clearfield, Inc. reported its third quarter fiscal 2026 financial results. Quarterly earnings directly shape investor views on performance and outlook.

3 transcript

Clearfield reported Q3 financial results during its earnings call, noting revenue growth driven by fiber optic demand, updated guidance, and operational highlights for the connectivity solutions segment. Quarterly earnings updates supply fresh financial metrics and guidance that can move near-term share price and analyst views.

3

Clearfield, Inc. (CLFD) reported Q3 earnings above analyst estimates. Beating quarterly earnings estimates can lift near-term investor sentiment and stock price but rarely shifts long-term company trajectory.

28 Jul

3

Clearfield, Inc. expands its fiber portfolio with sensing cables for continuous infrastructure monitoring. New sensing cables addition advances core fiber product line with moderate potential to support innovation and market positioning.

21 Jul

4

Clearfield launches Fault Managed Power Portfolio integrating fiber and power delivery at network edges. New portfolio launch constitutes major product initiative in core fiber-power sector with potential to shift competitive positioning.

31 May

4

Clearfield rebuilt an entire island nation's fiber network in weeks. Rapid national-scale project win demonstrates execution strength and opens path to larger contracts.

19 May

3

Clearfield, Inc. joins VoltServer's Solution Partner Program to advance Digital Electricity® adoption. Partnership expands Clearfield's access to Digital Electricity technology and strengthens its positioning in power distribution markets.

18 May

4

Clearfield expects NOVA Platform shipments to begin in the second half of the year. NOVA Platform shipments represent a key product launch expected to drive revenue growth and strengthen competitive positioning.

15 May

3

Clearfield (CLFD) valuation math turns compelling when cash reserves are stripped out, highlighting underlying business attractiveness. Valuation recalibration excluding cash exposes stronger fundamentals, moderately lifting investor sentiment and stock trajectory.

12 May

4

Clearfield reports fiber demand stabilizing, bookings rising, and data center prospects building. Stabilizing demand, rising bookings, and emerging data center opportunities indicate significant positive shift in market dynamics and growth trajectory.

7 May

4 transcript

Clearfield (CLFD) released Q2 2026 earnings call transcript detailing quarterly financial results, management discussion, and future outlook. Q2 2026 earnings transcript reveals financial metrics, guidance, and strategic updates with potential to significantly sway stock performance and investor views.

6 May

4

Clearfield (CLFD) released Q2 earnings call highlights covering financial results, operational updates, and forward guidance. Q2 earnings call highlights reveal financial performance and strategic outlook that significantly influence stock trajectory and investor sentiment.

4

Clearfield, Inc. (CLFD) reported second quarter fiscal 2026 results, detailing financial performance for the period. Quarterly earnings releases significantly influence financial performance, stock price, and investor sentiment for Clearfield.

3

Clearfield (CLFD) reported a Q2 net loss of $0.XX per share but beat revenue estimates with $XX million, amid challenges in fiber optic deployments. Q2 loss highlights profitability pressures despite revenue beat, moderately impacting financial performance and market sentiment.

4 May

3

Clearfield expands Craftsmart® portfolio with 8- and 10-inch FiberFirst™ Pedestals designed for aerial, buried, and pole-mount deployments, offering scalable fiber capacity up to 864 strands. Portfolio expansion introduces new fiber pedestal sizes, enhancing product innovation and competitive positioning in fiber management.

13 Feb

4

Clearfield, Inc. (CLFD) has been identified as a growth leader backed by insider support, highlighting its potential for expansion in the telecommunications infrastructure sector. The company is positioned to benefit from increasing demand for fiber optic solutions, driven by the ongoing digital transformation and government initiatives aimed at enhancing broadband access. Insider buying trends suggest confidence in Clearfield's strategic direction and future performance. Insider backing and growth potential in a critical sector indicate significant future impact on the company's trajectory.

12 Feb

4

Clearfield, Inc. (CLFD) is experiencing a shift due to increased demand from the Broadband Equity, Access, and Deployment (BEAD) program and recent divestitures. These changes are reshaping the company's strategic focus and market positioning, potentially enhancing its growth prospects in the broadband infrastructure sector. The divestitures are expected to streamline operations and allow Clearfield to concentrate on its core competencies, aligning with the growing demand for broadband solutions. Increased BEAD demand and strategic divestitures are likely to significantly impact Clearfield's growth trajectory and market performance.

11 Feb

3

Clearfield, Inc. (CLFD) is experiencing mixed market sentiment due to its mixed fundamentals, which may be affecting investor confidence. The company's performance indicators show both strengths and weaknesses, leading to uncertainty about its future trajectory. Analysts are closely monitoring these developments as they could influence market perceptions and the company's operational strategies. Mixed fundamentals indicate a moderately noticeable influence on Clearfield's financial performance and market sentiment.

6 Feb

4

Clearfield, Inc. released Q1 2026 earnings call summary detailing quarterly financial results, operational highlights, management guidance, and future outlook amid fiber optic market dynamics. Q1 earnings call summary discloses financial metrics, guidance, and strategic updates poised to significantly sway investor sentiment and company trajectory.

5 Feb

4

Clearfield, Inc. (CLFD) reported strong Q1 2026 earnings, surpassing sales expectations and demonstrating robust growth in demand for its fiber management solutions. The company highlighted increased revenue driven by strategic initiatives and expanding market presence, positioning itself favorably in the competitive landscape. Management expressed optimism about future performance, citing ongoing investments in innovation and infrastructure to meet rising customer needs. Surpassing sales expectations and strategic initiatives indicate significant potential for future growth and market positioning.

4 Feb

4 transcript

Clearfield, Inc. reported strong Q1 earnings, highlighting significant revenue growth driven by increased demand for broadband infrastructure. The company emphasized its commitment to expanding production capabilities and enhancing supply chain efficiencies. Management provided optimistic guidance for the upcoming quarters, citing ongoing investments in technology and workforce development. The positive outlook reflects confidence in meeting customer needs and capitalizing on market opportunities. Strong revenue growth and optimistic future guidance indicate significant potential for the company's performance.

4 transcript

Clearfield, Inc. (CLFD) reported its Q1 2026 earnings, highlighting strong revenue growth driven by increased demand for fiber optic solutions. The company emphasized its strategic initiatives to expand production capacity and enhance supply chain efficiency. Management expressed optimism about future market opportunities and outlined plans for new product launches aimed at addressing evolving customer needs. Overall, the earnings call reflected a positive outlook for the company's performance in the upcoming quarters. Significant revenue growth and strategic initiatives indicate a strong potential for future performance.

4

Clearfield, Inc. reported its fiscal Q1 earnings, showcasing significant growth in revenue and net income compared to the previous year. The company attributed this success to increased demand for its fiber management products and strategic investments in production capacity. Clearfield's management expressed optimism about future growth prospects, citing ongoing projects and expanding market opportunities. The earnings report reflects a strong performance that positions the company favorably within the telecommunications infrastructure sector. The earnings report indicates significant growth and strategic investments that could alter the company's trajectory and investor sentiment.

4

Clearfield, Inc. (CLFD) reported its financial results for the first quarter of fiscal 2026, highlighting significant revenue growth and increased demand for its fiber management solutions. The company experienced a year-over-year revenue increase, driven by strong market trends in broadband infrastructure. Clearfield also noted improvements in gross margins and operational efficiency, positioning itself favorably for future growth. The management expressed optimism about ongoing projects and market opportunities, reinforcing their commitment to innovation and customer satisfaction. Significant revenue growth and operational improvements indicate a strong market position and potential for future expansion.

3

Clearfield, Inc. (CLFD) reported a loss for Q1 but exceeded revenue estimates. The company's performance reflects ongoing challenges while still managing to outperform expectations in revenue generation. Investors are likely to analyze the implications of this loss on future growth and operational strategies. The reported loss may affect investor sentiment and financial performance, but exceeding revenue estimates suggests some resilience.

3 Feb

4

Clearfield, Inc. (CLFD) is highlighted as a value pick for February 2026, with its stock priced below its estimated worth. The company is recognized for its strong fundamentals and growth potential in the telecommunications sector, particularly in fiber optic solutions. Analysts suggest that CLFD's current valuation presents an attractive investment opportunity, given its strategic positioning and market demand for broadband infrastructure. Investors are encouraged to consider CLFD as part of their portfolio for potential long-term gains. CLFD's strong fundamentals and growth potential in a high-demand sector indicate significant future impact on its market performance.

3

Clearfield, Inc. (CLFD) is highlighted in February 2026 for being estimated below its intrinsic value, suggesting potential for growth and investment opportunities. Analysts indicate that the stock may be undervalued, prompting interest from investors looking for promising assets in the market. The identification of CLFD as undervalued may influence investor sentiment and market performance, but the overall effect is expected to be limited.

stockrow.com/CLFD · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com