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

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Analyst price target for CLFD

Based on 2 analysts offering 12 month price targets for Clearfield Inc.
Min Forecast
$37.00-64.47%
Avg Forecast
$73.50-29.43%
Max Forecast
$110.00+5.62%

Should I buy or sell CLFD stock?

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

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CLFD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Bottom 2%
2
BuyMaintains$110.00+5.62%2022-07-29
BWS Financial
Top 13%
88
SellInitiates Coverage On$37.00-64.47%2022-01-19

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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+24.14%

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+31.17%

CLFD vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
CLFD$104.15$73.50-29.43%Hold
SATS$17.13$42.00+145.18%Buy
HLIT$13.27$15.25+14.92%Strong Buy
DGII$36.81$40.75+10.70%Strong Buy
ADTN$20.52$27.00+31.58%Strong Buy

Clearfield Stock Forecast FAQ

Is Clearfield Stock a good buy in 2022, according to Wall Street analysts?

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

Out of 2 analysts, 0 (0%) are recommending CLFD as a Strong Buy, 1 (50%) are recommending CLFD as a Buy, 0 (0%) are recommending CLFD as a Hold, 1 (50%) 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 2022 is $39,796,044.

In 2023, CLFD is forecast to generate $49,599,655 in earnings, with the lowest earnings forecast at $49,599,655 and the highest earnings forecast at $49,599,655.

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 2022 is $221,089,962.

In 2023, CLFD is forecast to generate $3,995,527,780 in revenue, with the lowest revenue forecast at $3,995,527,780 and the highest revenue forecast at $3,995,527,780.

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 $73.50, with the highest CLFD stock price forecast at $110.00 and the lowest CLFD stock price forecast at $37.00.

On average, Wall Street analysts predict that Clearfield's share price could fall to $73.50 by Jul 29, 2023. The average Clearfield stock price prediction forecasts a potential downside of 29.43% from the current CLFD share price of $104.15.

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

(NASDAQ: CLFD) Clearfield's current Earnings Per Share (EPS) is $2.90. In 2023, CLFD's EPS is forecast to hit $3.60 (min: $3.60, max: $3.60).
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