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

OverviewForecast
EarningsDividendOwnership

Analyst price target for CLFD

Based on 3 analysts offering 12 month price targets for Clearfield Inc.
Min Forecast
$38.00+45.82%
Avg Forecast
$41.00+57.33%
Max Forecast
$45.00+72.68%

Should I buy or sell CLFD stock?

Based on 3 analysts offering ratings for Clearfield Inc.
Hold
Strong Buy
0 analysts 0%
Buy
1 analysts 33.33%
Hold
2 analysts 66.67%
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
lockedlocked$00.00+00.00%2023-11-10
lockedlocked$00.00+00.00%2023-08-04
lockedlocked$00.00+00.00%2023-06-15

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Forecast return on equity

Is CLFD forecast to generate an efficient return?

Forecast return on assets

Is CLFD forecast to generate an efficient return on assets?

CLFD revenue forecast

What is CLFD's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$179.2M-33.31%
Avg 2 year Forecast
$206.8M-23.04%
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
-12.27%
Industry
0.48%
Market
6.46%
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$26.06$41.00+57.33%Hold
NTGR$13.10$17.00+29.77%Buy
ADTN$5.39$8.00+48.42%Buy
GILT$6.47$8.50+31.38%Buy
COMM$1.72$4.37+153.90%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 3 Wall Street analysts covering (NASDAQ: CLFD) stock is to Hold CLFD stock.

Out of 3 analysts, 0 (0%) are recommending CLFD as a Strong Buy, 1 (33.33%) are recommending CLFD as a Buy, 2 (66.67%) 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 revenue growth forecast for 2024-2025?

(NASDAQ: CLFD) Clearfield's forecast annual revenue growth rate of -12.27% is not forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 0.48%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.46%.

Clearfield's revenue in 2023 is $268,720,000.On average, 2 Wall Street analysts forecast CLFD's revenue for 2024 to be $2,733,610,880, with the lowest CLFD revenue forecast at $2,211,906,125, and the highest CLFD revenue forecast at $3,255,315,635.

In 2025, CLFD is forecast to generate $3,154,635,770 in revenue, with the lowest revenue forecast at $3,154,635,770 and the highest revenue forecast at $3,154,635,770.

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

(NASDAQ: CLFD) forecast ROA is N/A, which is lower than the forecast US Communication Equipment industry average of 8.71%.

What is CLFD's Price Target?

According to 3 Wall Street analysts that have issued a 1 year CLFD price target, the average CLFD price target is $41.00, with the highest CLFD stock price forecast at $45.00 and the lowest CLFD stock price forecast at $38.00.

On average, Wall Street analysts predict that Clearfield's share price could reach $41.00 by Nov 10, 2024. The average Clearfield stock price prediction forecasts a potential upside of 57.33% from the current CLFD share price of $26.06.

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

(NASDAQ: CLFD) forecast ROE is N/A, which is considered weak.
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