WallStreetZenWallStreetZen

NASDAQ: CLFD
Clearfield Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CLFD

Based on 4 analysts offering 12 month price targets for Clearfield Inc.
Min Forecast
$105.00+133.18%
Avg Forecast
$112.25+149.28%
Max Forecast
$120.00+166.49%

Should I buy or sell CLFD stock?

Based on 4 analysts offering ratings for Clearfield Inc.
Strong Buy
Strong Buy
1 analysts 25%
Buy
3 analysts 75%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their CLFD stock forecasts and price targets.

CLFD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Northland Securities
Bottom 19%
19
BuyMaintains$105.00+133.18%2023-02-03
Cowen & Co.
Bottom 10%
10
BuyMaintains$114.00+153.16%2023-02-03
Needham
Bottom 1%
1
BuyMaintains$110.00+144.28%2023-02-03
Roth Capital
Bottom 18%
18
Strong BuyInitiates Coverage On$120.00+166.49%2023-01-17

1 of 1

Forecast return on equity

Is CLFD forecast to generate an efficient return?
Company
18.64%
Industry
179.23%
Market
42.66%
CLFD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CLFD forecast to generate an efficient return on assets?
Company
15.57%
Industry
12.33%
CLFD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CLFD earnings per share forecast

What is CLFD's earnings per share in the next 1 years based on estimates from 1 analyst?
Avg 1 year Forecast
$3.60-6.25%

CLFD revenue forecast

What is CLFD's revenue in the next 1 years based on estimates from 1 analyst?
Avg 1 year Forecast
$290.0M-5.14%

CLFD vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
CLFD$45.03$112.25+149.28%Strong Buy
NTGR$17.41$23.00+32.11%Buy
CMBM$17.36$28.20+62.44%Buy
AUDC$14.32$20.00+39.66%Sell
ITRN$21.68$25.00+15.31%Hold
View Top Communication Equipment Stocks

Clearfield Stock Forecast FAQ

Is Clearfield Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: CLFD) stock is to Strong Buy CLFD stock.

Out of 4 analysts, 1 (25%) are recommending CLFD as a Strong Buy, 3 (75%) are recommending CLFD as a Buy, 0 (0%) are recommending CLFD as a Hold, 0 (0%) are recommending CLFD as a Sell, and 0 (0%) are recommending CLFD as a Strong Sell.

If you're new to stock investing, here's how to buy Clearfield stock.

What is CLFD's earnings growth forecast for 2023-2023?

(NASDAQ: CLFD) Clearfield's forecast annual earnings growth rate of N/A is not forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.

Clearfield's earnings in 2023 is $53,228,000.

In 2023, CLFD is forecast to generate $54,790,690 in earnings, with the lowest earnings forecast at $54,790,690 and the highest earnings forecast at $54,790,690.

What is CLFD's revenue growth forecast for 2023-2023?

(NASDAQ: CLFD) Clearfield's forecast annual revenue growth rate of N/A is not forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.

Clearfield's revenue in 2023 is $305,716,000.

In 2023, CLFD is forecast to generate $4,413,694,440 in revenue, with the lowest revenue forecast at $4,413,694,440 and the highest revenue forecast at $4,413,694,440.

What is CLFD's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: CLFD) forecast ROA is 15.57%, which is higher than the forecast US Communication Equipment industry average of 12.33%.

What is CLFD's Price Target?

According to 4 Wall Street analysts that have issued a 1 year CLFD price target, the average CLFD price target is $112.25, with the highest CLFD stock price forecast at $120.00 and the lowest CLFD stock price forecast at $105.00.

On average, Wall Street analysts predict that Clearfield's share price could reach $112.25 by Feb 3, 2024. The average Clearfield stock price prediction forecasts a potential upside of 149.28% from the current CLFD share price of $45.03.

What is CLFD's Earnings Per Share (EPS) forecast for 2023-2023?

(NASDAQ: CLFD) Clearfield's current Earnings Per Share (EPS) is $3.84. In 2023, CLFD's EPS is forecast to hit $3.60 (min: $3.60, max: $3.60).

What is CLFD's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: CLFD) forecast ROE is 18.64%, which is considered weak.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.