Clearfield (CLFD) Stock Forecast, Price Target & Predictions
CLFD Stock Forecast
Clearfield stock forecast is as follows: an average price target of $48.00 (represents a 59.42% upside from CLFD’s last price of $30.11) 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 $48.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $47.00. This represents a potential 59.42% upside from CLFD's last price of $30.11.
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% | 66.06% |
| Aug 02, 2024 | Jaeson Schmidt | Lake Street | $47.00 | $42.64 | 10.23% | 56.09% |
| Aug 02, 2024 | Jaeson Schmidt | Loop Capital Markets | $47.00 | $39.02 | 20.45% | 56.09% |
| May 03, 2024 | Tim Savageaux | Northland Securities | $40.00 | $36.01 | 11.10% | 32.85% |
| May 03, 2024 | Jaeson Schmidt | Loop Capital Markets | $31.00 | $36.38 | -14.78% | 2.96% |
| Jun 16, 2023 | Ryan Koontz | Needham | $60.00 | $48.41 | 23.93% | 99.27% |
| Feb 03, 2023 | Northland Securities | $105.00 | $62.12 | 69.03% | 248.72% | |
| Feb 03, 2023 | Cowen & Co. | $114.00 | $63.08 | 80.74% | 278.61% | |
| Nov 18, 2022 | Northland Securities | $120.00 | $119.66 | 0.28% | 298.54% | |
| Nov 18, 2022 | Needham | $135.00 | $114.75 | 17.65% | 348.36% | |
| Sep 06, 2022 | Tim Savageaux | Northland Securities | $110.00 | $98.99 | 11.13% | 265.33% |
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 66.06% increase from CLFD last price ($30.11).
Clearfield Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $50.00 | $43.00 |
| Last Closing Price | $30.11 | $30.11 | $30.11 |
| Upside/Downside | -100.00% | 66.06% | 42.81% |
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 $30.11. 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 | |
| Nov 18, 2022 | Needham | Buy | Buy | Hold |
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 | $62.85M | $57.05M | $47.60M | $45.75M | $56.35M | $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 | $64.33M | $58.39M | $48.72M | $46.83M | $57.68M | $49.69M | $39.79M | $36.43M | $42.94M | $43.12M | $31.99M | $29.98M | $50.99M | $55.09M | $71.01M | $85.62M | $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 | $60.87M | $55.25M | $46.10M | $44.31M | $54.57M | $47.02M | $37.36M | $35.12M | $40.63M | $40.80M | $30.26M | $29.78M | $48.20M | $52.12M | $67.19M | $81.01M | $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 | 3 | 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 $30.26M, and a high forecast of $31.99M. 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 | 3 | 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 | $8.44M | $7.66M | $6.39M | $6.14M | $7.56M | $6.52M | $5.18M | $4.80M | $5.63M | $5.65M | $10.51M | $4.01M | $6.55M | $7.22M | $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 | $8.64M | $7.84M | $6.54M | $6.29M | $7.74M | $6.67M | $5.34M | $4.89M | $5.76M | $5.79M | $12.61M | $4.02M | $6.84M | $7.39M | $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 | $8.17M | $7.42M | $6.19M | $5.95M | $7.33M | $6.31M | $5.02M | $4.71M | $5.45M | $5.48M | $8.41M | $4.00M | $6.47M | $7.00M | $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 % | - | - | - | - | - | - | - | - | - | - | - | -1.61% | 0.51% | 1.00% | 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 $4.01M, with a high of $4.02M and a low of $4.00M. This is 19.41% upper 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 | 3 | 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 | $4.84M | $3.06M | $142.34K | $-427.04K | $1.67M | $-569.38K | $-3.17M | $-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 | $4.99M | $3.15M | $146.70K | $-409.52K | $1.72M | $-546.03K | $-1.49M | $-3.37M | $-2.59M | $-4.71M | $9.12M | $-5.77M | $1.95M | $1.35M | $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 | $4.64M | $2.93M | $136.51K | $-440.11K | $1.60M | $-586.81K | $-4.84M | $-5.39M | $-2.79M | $-5.06M | $6.08M | $-6.07M | $976.49K | $1.26M | $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 | 3 | 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 | $15.65M | $14.21M | $11.85M | $11.39M | $14.03M | $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 | $16.02M | $14.54M | $12.13M | $11.66M | $14.36M | $12.38M | $9.91M | $9.07M | $10.69M | $10.74M | $11.09M | $7.47M | $12.70M | $13.72M | $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 | $15.16M | $13.76M | $11.48M | $11.03M | $13.59M | $11.71M | $9.30M | $8.75M | $10.12M | $10.16M | $7.39M | $7.42M | $12.00M | $12.98M | $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 | 3 | 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 | $0.34 | $0.21 | $0.01 | $-0.03 | $0.12 | $-0.04 | $-0.22 | $-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 | $0.35 | $0.22 | $0.01 | $-0.03 | $0.12 | $-0.04 | $-0.10 | $-0.24 | $-0.18 | $-0.33 | $-0.50 | $-0.41 | $0.14 | $0.09 | $0.60 | $0.99 | $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 | $0.33 | $0.21 | $0.01 | $-0.03 | $0.11 | $-0.04 | $-0.34 | $-0.38 | $-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 |
|---|---|---|---|---|---|
| MYNA | Mynaric | $0.48 | $4.00 | 733.33% | Hold |
| KVHI | KVH Industries | $5.78 | $13.00 | 124.91% | Buy |
| CLFD | Clearfield | $31.96 | $48.00 | 50.19% | Buy |
| KN | Knowles | $19.74 | $25.00 | 26.65% | Buy |
| ADTN | ADTRAN | $8.40 | $10.00 | 19.05% | Buy |
| EXTR | Extreme Networks | $18.12 | $21.00 | 15.89% | Buy |
| TSAT | Telesat | $18.16 | $20.00 | 10.13% | |
| CMTL | Comtech Telecommunications | $3.18 | $3.50 | 10.06% | Hold |
| HLIT | Harmonic | $13.22 | $14.25 | 7.79% | Buy |
| INFN | Infinera | $6.60 | $6.65 | 0.76% | Hold |
| DGII | Digi | $33.11 | $32.00 | -3.35% | Buy |
| JNPR | Juniper Networks | $37.66 | $34.00 | -9.72% | Buy |
| NTGR | NETGEAR | $25.68 | $22.00 | -14.33% | Buy |
| LITE | Lumentum | $88.92 | $59.13 | -33.50% | Buy |