Clearfield (CLFD) Stock Forecast, Price Target & Predictions
CLFD Stock Forecast
Clearfield stock forecast is as follows: an average price target of $59.60 (represents a 112.86% upside from CLFD’s last price of $28.00) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
CLFD Price Target
The average price target for Clearfield (CLFD) is $59.60 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $114.00 to $40.00. This represents a potential 112.86% upside from CLFD's last price of $28.00.
CLFD Analyst Ratings
According to 3 Wall Street analysts, Clearfield's rating consensus is 'Buy'. The analyst rating breakdown for CLFD stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Clearfield Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 24, 2024 | Ryan Koontz | Needham | $50.00 | $38.76 | 29.00% | 78.57% |
| Aug 02, 2024 | Jaeson Schmidt | Lake Street | $47.00 | $42.64 | 10.23% | 67.86% |
| Aug 02, 2024 | Jaeson Schmidt | Loop Capital Markets | $47.00 | $39.02 | 20.45% | 67.86% |
| May 03, 2024 | Tim Savageaux | Northland Securities | $40.00 | $36.01 | 11.10% | 42.86% |
| May 03, 2024 | Jaeson Schmidt | Loop Capital Markets | $31.00 | $36.38 | -14.78% | 10.71% |
| Jun 16, 2023 | Ryan Koontz | Needham | $60.00 | $48.41 | 23.93% | 114.29% |
| Feb 03, 2023 | - | Northland Securities | $105.00 | $62.12 | 69.03% | 275.00% |
| Feb 03, 2023 | - | Cowen & Co. | $114.00 | $63.08 | 80.74% | 307.14% |
| Nov 18, 2022 | - | Northland Securities | $120.00 | $119.66 | 0.28% | 328.57% |
| Nov 18, 2022 | - | Needham | $135.00 | $114.75 | 17.65% | 382.14% |
The latest Clearfield stock forecast, released on Sep 24, 2024 by Ryan Koontz from Needham, set a price target of $50.00, which represents a 29.00% increase from the stock price at the time of the forecast ($38.76), and a 78.57% increase from CLFD last price ($28.00).
Clearfield Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $50.00 | $43.00 |
| Last Closing Price | $28.00 | $28.00 | $28.00 |
| Upside/Downside | -100.00% | 78.57% | 53.57% |
In the current month, the average price target of Clearfield stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Clearfield's last price of $28.00. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 24, 2024 | Needham | Buy | Buy | Hold |
| 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 |
Clearfield's last stock rating was published by Needham on Sep 24, 2024. The company gave CLFD a "Buy" rating, the same as its previous rate.
Clearfield Financial Forecast
Clearfield Revenue Forecast
| Sep 26 | Jun 26 | Mar 26 | 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 | Jun 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $34.23M | $49.69M | $61.28M | $71.81M | $85.94M | $95.03M | $71.25M | $53.49M | $51.11M | $45.24M | $38.74M | $29.69M | $27.09M | $27.32M | $25.97M | $20.41M | $19.38M | $23.97M | $21.89M |
| Avg Forecast | $64.00M | $59.40M | $45.00M | $42.10M | $56.98M | $48.55M | $38.58M | $35.77M | $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 |
| High Forecast | $65.80M | $61.07M | $46.27M | $43.29M | $58.58M | $49.92M | $41.24M | $36.78M | $43.13M | $43.31M | $32.13M | $29.98M | $50.99M | $55.34M | $71.33M | $86.00M | $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 |
| Low Forecast | $61.81M | $57.37M | $43.46M | $40.66M | $55.03M | $46.89M | $35.91M | $34.55M | $40.52M | $40.68M | $30.18M | $29.78M | $48.20M | $51.98M | $67.00M | $80.79M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 12 | 7 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.02% | 1.14% | 1.04% | 1.03% | 1.33% | 1.31% | 1.21% | 1.24% | 1.18% | 1.21% | 1.15% | 1.09% | 1.05% | 1.18% | 0.95% | 0.91% | 1.01% | 0.98% |
Clearfield's average Quarter revenue forecast for Mar 24 based on 1 analysts is $31.25M, with a low forecast of $30.18M, and a high forecast of $32.13M. CLFD's average Quarter revenue forecast represents a -8.71% decrease compared to the company's last Quarter revenue of $34.23M (Dec 23).
Clearfield EBITDA Forecast
| Sep 26 | Jun 26 | Mar 26 | 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 | Jun 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 12 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $-6.47M | $3.36M | $7.21M | $13.52M | $19.24M | $23.49M | $17.36M | $12.53M | $13.69M | $9.94M | $8.29M | $5.02M | $4.28M | $4.28M | $4.20M | $1.32M | $1.01M | $2.74M | $2.09M |
| Avg Forecast | $-3.57M | $-3.31M | $-2.51M | $-2.35M | $-3.18M | $-2.71M | $-2.15M | $-1.99M | $-2.34M | $-2.35M | $10.51M | $-1.67M | $-2.72M | $-3.00M | $9.56M | $9.69M | $11.54M | $8.82M | $8.69M | $6.67M | $6.18M | $5.19M | $2.33M | $4.00M | $4.20M | $3.57M | $1.16M | $3.45M | $3.83M | $3.59M |
| High Forecast | $-3.45M | $-3.20M | $-2.42M | $-2.27M | $-3.07M | $-2.61M | $-2.00M | $-1.93M | $-2.26M | $-2.27M | $12.61M | $-1.66M | $-2.69M | $-2.90M | $11.47M | $11.63M | $11.54M | $8.82M | $10.42M | $6.67M | $6.18M | $5.19M | $2.80M | $4.00M | $4.20M | $3.57M | $1.39M | $3.45M | $3.83M | $3.59M |
| Low Forecast | $-3.67M | $-3.41M | $-2.58M | $-2.41M | $-3.27M | $-2.78M | $-2.30M | $-2.05M | $-2.40M | $-2.42M | $8.41M | $-1.67M | $-2.84M | $-3.09M | $7.64M | $7.75M | $11.54M | $8.82M | $6.95M | $6.67M | $6.18M | $5.19M | $1.86M | $4.00M | $4.20M | $3.57M | $925.13K | $3.45M | $3.83M | $3.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 3.88% | -1.24% | -2.40% | 1.42% | 1.99% | 2.04% | 1.97% | 1.44% | 2.05% | 1.61% | 1.60% | 2.15% | 1.07% | 1.02% | 1.18% | 1.15% | 0.29% | 0.72% | 0.58% |
2 analysts predict CLFD's average Quarter EBITDA for Dec 23 to be $-1.67M, with a high of $-1.66M and a low of $-1.67M. This is -149.60% lower than Clearfield's previous annual EBITDA (Sep 23) of $3.36M.
Clearfield Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | 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 | Jun 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 12 | 7 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $-5.27M | $2.70M | $5.22M | $10.36M | $14.26M | $16.99M | $12.74M | $9.24M | $10.39M | $7.43M | $6.10M | $3.64M | $3.16M | $3.05M | $2.99M | $747.90K | $501.16K | $1.89M | $1.30M |
| Avg Forecast | $3.99M | $2.56M | $-1.57M | $-2.42M | $2.03M | $-213.52K | $-2.92M | $-4.38M | $-2.70M | $-4.91M | $7.60M | $-5.92M | $1.39M | $1.31M | $6.91M | $7.23M | $12.59M | $9.26M | $6.28M | $6.36M | $5.77M | $4.42M | $1.65M | $1.92M | $2.71M | $1.07M | $560.92K | $854.99K | $1.57M | $1.50M |
| High Forecast | $4.13M | $2.66M | $-1.50M | $-2.31M | $2.10M | $-204.02K | $-911.90K | $-3.40M | $-2.58M | $-4.69M | $9.12M | $-5.77M | $1.95M | $1.36M | $8.29M | $8.67M | $12.59M | $9.26M | $7.54M | $6.36M | $5.77M | $4.42M | $1.98M | $1.92M | $2.71M | $1.07M | $673.11K | $854.99K | $1.57M | $1.50M |
| Low Forecast | $3.81M | $2.45M | $-1.62M | $-2.51M | $1.94M | $-221.34K | $-4.74M | $-5.19M | $-2.80M | $-5.09M | $6.08M | $-6.07M | $976.49K | $1.25M | $5.53M | $5.78M | $12.59M | $9.26M | $5.02M | $6.36M | $5.77M | $4.42M | $1.32M | $1.92M | $2.71M | $1.07M | $448.74K | $854.99K | $1.57M | $1.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 1.93% | 3.98% | 1.50% | 1.97% | 1.35% | 1.38% | 1.47% | 1.63% | 1.29% | 1.38% | 2.21% | 1.64% | 1.13% | 2.80% | 1.33% | 0.59% | 1.20% | 0.87% |
Clearfield's average Quarter net income forecast for Dec 23 is $-5.92M, with a range of $-6.07M to $-5.77M. CLFD's average Quarter net income forecast represents a -319.64% decrease compared to the company's last Quarter net income of $2.70M (Sep 23).
Clearfield SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | 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 | Jun 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 12 | 7 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $12.86M | $10.28M | $13.45M | $11.51M | $12.76M | $15.25M | $12.72M | $11.23M | $9.92M | $10.36M | $9.44M | $8.49M | $7.66M | $7.57M | $7.21M | $7.43M | $7.33M | $7.13M | $6.87M |
| Avg Forecast | $15.94M | $14.79M | $11.21M | $10.48M | $14.19M | $12.09M | $9.61M | $8.91M | $10.45M | $10.49M | $9.24M | $7.44M | $12.14M | $13.40M | $8.40M | $6.90M | $17.94M | $13.71M | $7.64M | $10.37M | $9.61M | $8.06M | $3.85M | $6.22M | $6.53M | $5.55M | $5.57M | $5.37M | $5.96M | $5.59M |
| High Forecast | $16.39M | $15.21M | $11.52M | $10.78M | $14.59M | $12.43M | $10.27M | $9.16M | $10.74M | $10.79M | $11.09M | $7.47M | $12.70M | $13.78M | $10.08M | $8.28M | $17.94M | $13.71M | $9.17M | $10.37M | $9.61M | $8.06M | $4.61M | $6.22M | $6.53M | $5.55M | $6.69M | $5.37M | $5.96M | $5.59M |
| Low Forecast | $15.39M | $14.29M | $10.82M | $10.13M | $13.70M | $11.68M | $8.94M | $8.60M | $10.09M | $10.13M | $7.39M | $7.42M | $12.00M | $12.94M | $6.72M | $5.52M | $17.94M | $13.71M | $6.11M | $10.37M | $9.61M | $8.06M | $3.08M | $6.22M | $6.53M | $5.55M | $4.46M | $5.37M | $5.96M | $5.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.73% | 0.85% | 1.00% | 1.37% | 1.85% | 0.85% | 0.93% | 1.47% | 0.96% | 1.08% | 1.17% | 2.21% | 1.23% | 1.16% | 1.30% | 1.33% | 1.36% | 1.20% | 1.23% |
Clearfield's average Quarter SG&A projection for Mar 24 is $9.24M, based on 1 Wall Street analysts, with a range of $7.39M to $11.09M. The forecast indicates a -28.12% fall compared to CLFD last annual SG&A of $12.86M (Dec 23).
Clearfield EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | 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 | Jun 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 12 | 7 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $-0.35 | $0.16 | $0.33 | $0.67 | $1.01 | $1.22 | $0.93 | $0.67 | $0.76 | $0.54 | $0.44 | $0.27 | $0.23 | $0.22 | $0.22 | $0.05 | $0.04 | $0.14 | $0.10 |
| Avg Forecast | $0.28 | $0.18 | $-0.11 | $-0.17 | $0.14 | $-0.01 | $-0.20 | $-0.31 | $-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 |
| High Forecast | $0.29 | $0.19 | $-0.11 | $-0.16 | $0.15 | $-0.01 | $-0.06 | $-0.24 | $-0.18 | $-0.33 | $-0.50 | $-0.41 | $0.14 | $0.10 | $0.60 | $1.00 | $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 |
| Low Forecast | $0.27 | $0.17 | $-0.11 | $-0.18 | $0.14 | $-0.02 | $-0.33 | $-0.36 | $-0.20 | $-0.36 | $-0.54 | $-0.43 | $0.07 | $0.09 | $0.55 | $0.92 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 1.63% | 3.59% | 1.16% | 1.05% | 1.38% | 1.43% | 1.30% | 1.70% | 1.33% | 1.42% | 1.50% | 1.70% | 1.16% | 2.93% | 1.00% | 0.67% | 1.27% | 0.95% |
According to 2 Wall Street analysts, Clearfield's projected average Quarter EPS for Dec 23 is $-0.42, with a low estimate of $-0.43 and a high estimate of $-0.41. This represents a -360.00% decrease compared to CLFD previous annual EPS of $0.16 (Sep 23).
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% | - |
| CMTL | Comtech Telecommunications | $2.93 | $9.00 | 207.17% | Hold |
| MYNA | Mynaric | $1.47 | $4.00 | 172.11% | Hold |
| KVHI | KVH Industries | $5.19 | $13.00 | 150.48% | Buy |
| ADTN | ADTRAN | $7.92 | $17.00 | 114.65% | Buy |
| CLFD | Clearfield | $28.00 | $59.60 | 112.86% | Buy |
| TSAT | Telesat | $10.96 | $20.00 | 82.48% | - |
| KN | Knowles | $18.13 | $25.00 | 37.89% | Buy |
| DGII | Digi | $31.18 | $41.60 | 33.42% | Buy |
| EXTR | Extreme Networks | $15.42 | $20.00 | 29.70% | Buy |
| HLIT | Harmonic | $12.21 | $15.38 | 25.96% | Buy |
| JNPR | Juniper Networks | $35.08 | $35.74 | 1.88% | Buy |
| INFN | Infinera | $6.63 | $6.67 | 0.60% | Hold |
| NTGR | NETGEAR | $24.17 | $22.00 | -8.98% | Buy |
| LITE | Lumentum | $82.48 | $74.60 | -9.55% | Buy |