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

Analyst price target for CLFD

Based on 2 analysts offering 12 month price targets for Clearfield Inc.
Min Forecast
$42.00+7.8%
Avg Forecast
$44.50+14.22%
Max Forecast
$47.00+20.64%

Should I buy or sell CLFD stock?

Based on 2 analysts offering ratings for Clearfield Inc.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CLFD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-16
lockedlocked$00.00+00.00%2024-05-01

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Forecast return on equity

Is CLFD forecast to generate an efficient return?
Company
1.68%
Industry
115.68%
Market
43.56%
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
1.49%
Industry
9.34%
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 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$1.26
Avg 2 year Forecast
$0.33

CLFD revenue forecast

What is CLFD's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$157.1M-13.76%
Avg 2 year Forecast
$208.6M+14.52%
CLFD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CLFD revenue growth forecast

How is CLFD forecast to perform vs Communication Equipment companies and vs the US market?
Company
-13.76%
Industry
0.31%
Market
12.31%
CLFD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CLFD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CLFD vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
CLFD$38.96$44.50+14.22%Strong Buy
ITRN$25.97N/AN/A
PWFL$4.53$8.60+89.85%Strong Buy
NTGR$14.55$13.00-10.65%Hold
ADTN$5.03$7.75+54.08%Buy

Clearfield Stock Forecast FAQ

Is Clearfield Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: CLFD) stock is to Strong Buy CLFD stock.

Out of 2 analysts, 1 (50%) are recommending CLFD as a Strong Buy, 1 (50%) 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 2024-2025?

(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 25.85%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 34.95%.

Clearfield's earnings in 2024 is -$3,265,000.On average, 2 Wall Street analysts forecast CLFD's earnings for 2024 to be -$17,933,937, with the lowest CLFD earnings forecast at -$18,645,601, and the highest CLFD earnings forecast at -$17,222,272.

In 2025, CLFD is forecast to generate $4,696,983 in earnings, with the lowest earnings forecast at -$8,255,304 and the highest earnings forecast at $17,649,271.

What is CLFD's revenue growth forecast for 2024-2025?

(NASDAQ: CLFD) Clearfield's forecast annual revenue growth rate of -13.76% is not forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 0.31%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.31%.

Clearfield's revenue in 2024 is $182,109,000.On average, 2 Wall Street analysts forecast CLFD's revenue for 2024 to be $2,235,337,095, with the lowest CLFD revenue forecast at $2,220,392,148, and the highest CLFD revenue forecast at $2,250,282,042.

In 2025, CLFD is forecast to generate $2,968,351,170 in revenue, with the lowest revenue forecast at $2,633,157,355 and the highest revenue forecast at $3,303,544,984.

What is CLFD's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: CLFD) forecast ROA is 1.49%, which is lower than the forecast US Communication Equipment industry average of 9.34%.

What is CLFD's Price Target?

According to 2 Wall Street analysts that have issued a 1 year CLFD price target, the average CLFD price target is $44.50, with the highest CLFD stock price forecast at $47.00 and the lowest CLFD stock price forecast at $42.00.

On average, Wall Street analysts predict that Clearfield's share price could reach $44.50 by May 16, 2025. The average Clearfield stock price prediction forecasts a potential upside of 14.22% from the current CLFD share price of $38.96.

What is CLFD's Earnings Per Share (EPS) forecast for 2024-2025?

(NASDAQ: CLFD) Clearfield's current Earnings Per Share (EPS) is -$0.26. On average, analysts forecast that CLFD's EPS will be -$1.26 for 2024, with the lowest EPS forecast at -$1.31, and the highest EPS forecast at -$1.21. In 2025, CLFD's EPS is forecast to hit $0.33 (min: -$0.58, max: $1.24).

What is CLFD's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: CLFD) forecast ROE is 1.68%, which is considered weak.
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