Clearfield (CLFD) Stock Forecast, Price Target & Predictions
CLFD Stock Forecast
Clearfield stock forecast is as follows: an average price target of $61.60 (represents a 55.40% upside from CLFD’s last price of $39.64) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
CLFD Price Target
CLFD Analyst Ratings
Clearfield Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 02, 2024 | Jaeson Schmidt | Lake Street | $47.00 | $42.64 | 10.23% | 18.57% |
Aug 02, 2024 | Jaeson Schmidt | Loop Capital Markets | $47.00 | $39.02 | 20.45% | 18.57% |
May 03, 2024 | Tim Savageaux | Northland Securities | $40.00 | $36.01 | 11.10% | 0.91% |
May 03, 2024 | Jaeson Schmidt | Loop Capital Markets | $31.00 | $36.38 | -14.78% | -21.80% |
Jun 16, 2023 | Ryan Koontz | Needham | $60.00 | $48.41 | 23.93% | 51.36% |
Feb 03, 2023 | - | Northland Securities | $105.00 | $62.12 | 69.03% | 164.88% |
Feb 03, 2023 | - | Cowen & Co. | $114.00 | $63.08 | 80.74% | 187.59% |
Nov 18, 2022 | - | Northland Securities | $120.00 | $119.66 | 0.28% | 202.72% |
Nov 18, 2022 | - | Needham | $135.00 | $114.75 | 17.65% | 240.57% |
Sep 06, 2022 | Tim Savageaux | Northland Securities | $110.00 | $98.99 | 11.13% | 177.50% |
Clearfield Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 2 | 4 |
Avg Price Target | - | $47.00 | $41.25 |
Last Closing Price | $39.64 | $39.64 | $39.64 |
Upside/Downside | -100.00% | 18.57% | 4.06% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 05, 2024 | Needham | Buy | Buy | Hold |
Aug 02, 2024 | Lake Street | Hold | Buy | Upgrade |
May 16, 2024 | Needham | Buy | Buy | Hold |
May 03, 2024 | Lake Street | Hold | Hold | Hold |
Feb 02, 2024 | Needham | Buy | Buy | Hold |
Jun 16, 2023 | Needham | Buy | Buy | Hold |
Feb 03, 2023 | Cowen & Co. | Outperform | Outperform | Hold |
Feb 03, 2023 | Needham | Buy | Buy | Hold |
Jan 04, 2023 | Cowen & Co. | - | Outperform | Initialise |
Nov 18, 2022 | Needham | Buy | Buy | Hold |
Clearfield Financial Forecast
Clearfield Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $34.23M | $49.69M | $61.28M | $71.81M | $85.94M | $95.03M | - | $53.49M | $51.11M | $45.24M | $38.74M | $29.69M | $27.09M | $27.32M | $25.97M | $20.41M | $19.38M | $23.97M | $21.89M | $19.08M | $20.09M | $22.47M |
Avg Forecast | $68.50M | $56.95M | $51.52M | $41.42M | $38.20M | $41.95M | $42.13M | $31.25M | $29.88M | $48.76M | $53.82M | $69.38M | $83.65M | $71.42M | $54.57M | $44.10M | $41.27M | $38.25M | $32.10M | $25.80M | $24.75M | $26.00M | $22.10M | $21.50M | $21.37M | $23.73M | $22.25M | $19.25M | $12.56M | $18.54M |
High Forecast | $69.40M | $57.70M | $52.20M | $41.97M | $38.70M | $42.35M | $42.68M | $31.66M | $29.98M | $50.99M | $54.53M | $70.28M | $84.74M | $72.36M | $54.57M | $45.54M | $42.61M | $39.50M | $33.15M | $26.64M | $25.56M | $26.85M | $22.82M | $22.20M | $22.07M | $24.51M | $22.98M | $19.88M | $15.07M | $22.25M |
Low Forecast | $67.77M | $56.34M | $50.97M | $40.98M | $37.79M | $41.55M | $41.67M | $30.91M | $29.78M | $48.20M | $53.24M | $68.63M | $82.75M | $70.66M | $54.57M | $42.48M | $39.75M | $36.85M | $30.92M | $24.85M | $23.84M | $25.04M | $21.29M | $20.71M | $20.59M | $22.86M | $21.43M | $18.54M | $10.04M | $14.83M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 13 |
Surprise % | - | - | - | - | - | - | - | - | 1.15% | 1.02% | 1.14% | 1.04% | 1.03% | 1.33% | - | 1.21% | 1.24% | 1.18% | 1.21% | 1.15% | 1.09% | 1.05% | 1.18% | 0.95% | 0.91% | 1.01% | 0.98% | 0.99% | 1.60% | 1.21% |
Clearfield EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 13 |
EBITDA | - | - | - | - | - | - | - | - | $-6.47M | $3.36M | $7.21M | $13.52M | $19.24M | $23.49M | - | $12.53M | $13.69M | $9.94M | $8.29M | $5.02M | $4.28M | $4.28M | $4.20M | $1.32M | $1.01M | $2.74M | $2.09M | $832.11K | $1.70M | $3.05M |
Avg Forecast | $11.07M | $9.20M | $8.32M | $6.69M | $6.17M | $6.78M | $6.81M | $10.51M | $4.83M | $7.88M | $8.70M | $9.56M | $13.51M | $9.01M | $8.82M | $8.69M | $8.81M | $7.12M | $4.47M | $2.33M | $3.68M | $3.73M | $3.28M | $1.16M | $1.48M | $1.96M | $2.05M | $1.35M | $807.56K | $2.50M |
High Forecast | $11.21M | $9.32M | $8.43M | $6.78M | $6.25M | $6.84M | $6.90M | $12.61M | $4.84M | $8.24M | $8.81M | $11.47M | $13.69M | $10.81M | $8.82M | $10.42M | $10.57M | $8.54M | $5.36M | $2.80M | $4.41M | $4.48M | $3.93M | $1.39M | $1.77M | $2.35M | $2.46M | $1.62M | $969.08K | $3.00M |
Low Forecast | $10.95M | $9.10M | $8.24M | $6.62M | $6.11M | $6.71M | $6.73M | $8.41M | $4.81M | $7.79M | $8.60M | $7.64M | $13.37M | $7.20M | $8.82M | $6.95M | $7.05M | $5.70M | $3.57M | $1.86M | $2.94M | $2.99M | $2.62M | $925.13K | $1.18M | $1.57M | $1.64M | $1.08M | $646.05K | $2.00M |
Surprise % | - | - | - | - | - | - | - | - | -1.34% | 0.43% | 0.83% | 1.42% | 1.42% | 2.61% | - | 1.44% | 1.55% | 1.40% | 1.86% | 2.15% | 1.16% | 1.15% | 1.28% | 1.15% | 0.68% | 1.40% | 1.02% | 0.62% | 2.11% | 1.22% |
Clearfield Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 13 |
Net Income | - | - | - | - | - | - | - | - | $-5.27M | $2.70M | $5.22M | $10.36M | $14.26M | $16.99M | - | $9.24M | $10.39M | $7.43M | $6.10M | $3.64M | $3.16M | $3.05M | $2.99M | $747.90K | $501.16K | $1.89M | $1.30M | $367.94K | $1.01M | $1.88M |
Avg Forecast | - | $2.14M | $569.99K | $-1.92M | $-3.35M | $-2.71M | $-4.92M | $7.60M | $-5.93M | $1.40M | $1.31M | $6.91M | $13.70M | $6.64M | $9.51M | $6.28M | $6.57M | $5.25M | $3.24M | $1.65M | $2.63M | $2.57M | $2.25M | $560.92K | $601.39K | $1.25M | $1.16M | $496.72K | $444.38K | $1.48M |
High Forecast | - | $2.17M | $579.71K | $-1.90M | $-3.30M | $-2.56M | $-4.85M | $9.12M | $-5.78M | $1.96M | $1.33M | $8.29M | $13.94M | $7.97M | $9.51M | $7.54M | $7.88M | $6.30M | $3.89M | $1.98M | $3.16M | $3.08M | $2.70M | $673.11K | $721.67K | $1.50M | $1.39M | $596.07K | $533.26K | $1.78M |
Low Forecast | - | $2.11M | $562.04K | $-1.96M | $-3.41M | $-2.85M | $-5.00M | $6.08M | $-6.08M | $977.53K | $1.29M | $5.53M | $13.51M | $5.32M | $9.51M | $5.02M | $5.26M | $4.20M | $2.59M | $1.32M | $2.11M | $2.05M | $1.80M | $448.74K | $481.11K | $996.72K | $924.82K | $397.38K | $355.50K | $1.19M |
Surprise % | - | - | - | - | - | - | - | - | 0.89% | 1.93% | 3.98% | 1.50% | 1.04% | 2.56% | - | 1.47% | 1.58% | 1.41% | 1.88% | 2.21% | 1.20% | 1.19% | 1.33% | 1.33% | 0.83% | 1.52% | 1.13% | 0.74% | 2.27% | 1.27% |
Clearfield SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 13 |
SG&A | - | - | - | - | - | - | - | - | $12.86M | $10.28M | $13.45M | $11.51M | $12.76M | $15.25M | - | $11.23M | $9.92M | $10.36M | $9.44M | $8.49M | $7.66M | $7.57M | $7.21M | $7.43M | $7.33M | $7.13M | $6.87M | $6.73M | $6.78M | $6.07M |
Avg Forecast | $17.21M | $14.31M | $12.94M | $10.41M | $9.60M | $10.54M | $10.58M | $9.24M | $7.51M | $12.25M | $13.52M | $8.40M | $21.01M | $9.27M | $13.71M | $7.64M | $6.28M | $7.33M | $5.01M | $3.85M | $6.38M | $6.37M | $5.41M | $5.57M | $8.79M | $4.70M | $6.11M | $9.08M | $2.98M | $4.78M |
High Forecast | $17.43M | $14.49M | $13.11M | $10.54M | $9.72M | $10.64M | $10.72M | $11.09M | $7.53M | $12.81M | $13.70M | $10.08M | $21.29M | $11.13M | $13.71M | $9.17M | $7.53M | $8.80M | $6.01M | $4.61M | $7.65M | $7.64M | $6.49M | $6.69M | $10.55M | $5.64M | $7.33M | $10.90M | $3.58M | $5.74M |
Low Forecast | $17.02M | $14.15M | $12.80M | $10.29M | $9.49M | $10.44M | $10.47M | $7.39M | $7.48M | $12.11M | $13.37M | $6.72M | $20.79M | $7.42M | $13.71M | $6.11M | $5.02M | $5.86M | $4.01M | $3.08M | $5.10M | $5.10M | $4.32M | $4.46M | $7.03M | $3.76M | $4.89M | $7.27M | $2.39M | $3.83M |
Surprise % | - | - | - | - | - | - | - | - | 1.71% | 0.84% | 0.99% | 1.37% | 0.61% | 1.65% | - | 1.47% | 1.58% | 1.41% | 1.88% | 2.21% | 1.20% | 1.19% | 1.33% | 1.33% | 0.83% | 1.52% | 1.13% | 0.74% | 2.27% | 1.27% |
Clearfield EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 13 |
EPS | - | - | - | - | - | - | - | - | $-0.35 | $0.16 | $0.33 | $0.67 | $1.01 | $1.22 | - | $0.67 | $0.76 | $0.54 | $0.44 | $0.27 | $0.23 | $0.22 | $0.22 | $0.05 | $0.04 | $0.14 | $0.10 | $0.02 | $0.08 | $0.14 |
Avg Forecast | - | $0.15 | $0.04 | $-0.14 | $-0.23 | $-0.19 | $-0.34 | $-0.52 | $-0.42 | $0.10 | $0.09 | $0.58 | $0.96 | $0.88 | $0.65 | $0.52 | $0.45 | $0.41 | $0.31 | $0.18 | $0.14 | $0.19 | $0.07 | $0.05 | $0.06 | $0.11 | $0.10 | $0.05 | $0.02 | $0.05 |
High Forecast | - | $0.15 | $0.04 | $-0.13 | $-0.23 | $-0.18 | $-0.34 | $-0.52 | $-0.41 | $0.14 | $0.09 | $0.59 | $0.98 | $0.90 | $0.65 | $0.54 | $0.47 | $0.42 | $0.32 | $0.19 | $0.14 | $0.20 | $0.08 | $0.05 | $0.06 | $0.11 | $0.11 | $0.05 | $0.03 | $0.06 |
Low Forecast | - | $0.15 | $0.04 | $-0.14 | $-0.24 | $-0.20 | $-0.35 | $-0.53 | $-0.43 | $0.07 | $0.09 | $0.57 | $0.95 | $0.87 | $0.65 | $0.49 | $0.43 | $0.39 | $0.30 | $0.17 | $0.13 | $0.18 | $0.07 | $0.05 | $0.06 | $0.10 | $0.10 | $0.05 | $0.02 | $0.04 |
Surprise % | - | - | - | - | - | - | - | - | 0.83% | 1.63% | 3.59% | 1.16% | 1.05% | 1.38% | - | 1.30% | 1.70% | 1.33% | 1.42% | 1.50% | 1.70% | 1.16% | 2.93% | 1.00% | 0.67% | 1.27% | 0.95% | 0.40% | 4.00% | 2.80% |
Clearfield Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
CASA | Casa Systems | $0.04 | $9.50 | 23650.00% | - |
MYNA | Mynaric | $0.71 | $4.00 | 463.38% | Hold |
ADTN | ADTRAN | $5.44 | $15.67 | 188.05% | Buy |
KVHI | KVH Industries | $4.69 | $13.00 | 177.19% | Buy |
CMTL | Comtech Telecommunications | $3.30 | $9.00 | 172.73% | Hold |
CLFD | Clearfield | $39.64 | $61.60 | 55.40% | Buy |
DGII | Digi | $26.60 | $39.80 | 49.62% | Buy |
LITE | Lumentum | $55.78 | $74.60 | 33.74% | Buy |
EXTR | Extreme Networks | $14.85 | $19.33 | 30.17% | Buy |
HLIT | Harmonic | $13.41 | $17.00 | 26.77% | Buy |
INFN | Infinera | $6.46 | $6.67 | 3.25% | Buy |
NTGR | NETGEAR | $21.94 | $22.00 | 0.27% | Buy |
JNPR | Juniper Networks | $38.60 | $35.47 | -8.11% | Buy |
CLFD Forecast FAQ
Is Clearfield a good buy?
Yes, according to 3 Wall Street analysts, Clearfield (CLFD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of CLFD's total ratings.
What is CLFD's price target?
Clearfield (CLFD) average price target is $61.6 with a range of $40 to $114, implying a 55.40% from its last price of $39.64. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Clearfield stock go up soon?
According to Wall Street analysts' prediction for CLFD stock, the company can go up by 55.40% (from the last price of $39.64 to the average price target of $61.6), up by 187.59% based on the highest stock price target, and up by 0.91% based on the lowest stock price target.
Can Clearfield stock reach $60?
CLFD's average twelve months analyst stock price target of $61.6 supports the claim that Clearfield can reach $60 in the near future.
What are Clearfield's analysts' financial forecasts?
Clearfield's analysts financial forecasts for the fiscal year (Sep 2024) are as follows: average revenue is $145.2M (high $146.67M, low $143.92M), average EBITDA is $28.92M (high $31.19M, low $26.67M), average net income is $-5.952M (high $-4.073M, low $-7.846M), average SG&A $37.87M (high $39.98M, low $35.78M), and average EPS is $-1.473 (high $-1.441, low $-1.509). CLFD's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $188.1M (high $190.57M, low $186.08M), average EBITDA is $30.39M (high $30.79M, low $30.06M), average net income is $-2.565M (high $-2.445M, low $-2.693M), average SG&A $47.25M (high $47.87M, low $46.74M), and average EPS is $-0.18 (high $-0.172, low $-0.189).
Did the CLFD's actual financial results beat the analysts' financial forecasts?
Based on Clearfield's last annual report (Sep 2023), the company's revenue was $268.72M, beating the average analysts forecast of $255.6M by 5.13%. Apple's EBITDA was $43.34M, beating the average prediction of $39.64M by 9.33%. The company's net income was $32.53M, beating the average estimation of $23.32M by 39.51%. Apple's SG&A was $47.99M, missing the average forecast of $55.18M by -13.03%. Lastly, the company's EPS was $2.17, beating the average prediction of $1.73 by 25.49%. In terms of the last quarterly report (Dec 2023), Clearfield's revenue was $34.23M, beating the average analysts' forecast of $29.88M by 14.56%. The company's EBITDA was $-6.467M, missing the average prediction of $4.83M by -233.96%. Clearfield's net income was $-5.268M, missing the average estimation of $-5.928M by -11.13%. The company's SG&A was $12.86M, beating the average forecast of $7.51M by 71.32%. Lastly, the company's EPS was $-0.346, missing the average prediction of $-0.416 by -16.75%