NASDAQ:CLFD - Clearfield Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $33.50
  • Forecasted Upside: 2.89 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$32.56
▼ -1.35 (-3.98%)
1 month | 3 months | 12 months
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Analyst Price Target for CLFD

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$33.50
▲ +2.89% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Clearfield in the last 3 months. The average price target is $33.50, with a high forecast of $37.00 and a low forecast of $30.00. The average price target represents a 2.89% upside from the last price of $32.56.
Buy
The current consensus among 2 investment analysts is to buy stock in Clearfield. This rating has held steady since August 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/5/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/4/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/3/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/1/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/30/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/28/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/27/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/26/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/29/2021Lake Street CapitalBoost Price TargetBuy$25.00 ➝ $37.00High
i
1/29/2021Northland SecuritiesDowngradeOutperform ➝ Market Perform$26.00 ➝ $30.00Medium
i
12/8/2020Northland SecuritiesBoost Price Target$24.00 ➝ $26.00Medium
i
7/24/2020Lake Street CapitalBoost Price TargetBuy$16.00 ➝ $17.00High
i
7/24/2020Northland SecuritiesBoost Price TargetOutperform$16.00 ➝ $18.00High
i
8/21/2019Roth CapitalInitiated CoverageBuy$19.00High
i
Rating by W. Gibson at Roth Capital
7/26/2019Northland SecuritiesReiterated RatingBuy$17.00High
i
4/27/2018Lake Street CapitalSet Price TargetBuy$15.00High
i
Rating by Jaeson Schmidt at Lake Street Capital
12/30/2017Lake Street CapitalReiterated RatingBuyLow
i
Rating by Jaeson Schmidt at Lake Street Capital
11/10/2017Lake Street CapitalBoost Price TargetBuy ➝ Buy$15.00 ➝ $16.00N/A
i
10/17/2017Northland SecuritiesSet Price TargetBuy$15.00N/A
i
Rating by Tim Savageaux at Northland Securities
7/29/2017Northland SecuritiesSet Price TargetBuy$15.00High
i
Rating by Tim Savageaux at Northland Securities
(Data available from 2/26/2016 forward)
Clearfield logo
Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor cabinet and fiber active cabinet products. In addition, the company offers StreetSmart, a portfolio of fiber management products; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; and YOURx platform that consists of hardened terminals, test access points, and various drop cable options for portions of the access network across various fiber drop cable media. Further, it provides CraftSmart, a line of optical protection field enclosures, including CraftSmart Fiber Protection Pedestals and CraftSmart Fiber Protection Vaults integrated solutions optimized to house FieldSmart products at the last mile access point of the network in above-grade or below-grade installations. Additionally, the company offers fiber and copper assemblies with an industry-standard or customer-specified configuration; and designs and manufactures custom solutions for in-the-box and network connectivity assemblies specific to that customer's product line. It provides its fiber to anywhere platform for various incumbent local exchange carriers, competitive local exchange carriers, wireless operators, and MSO/cable TV companies, as well as the utility/municipality, enterprise, and data center markets. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota.
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Today's Range

Now: $32.56
$32.03
$34.24

50 Day Range

MA: $32.07
$25.83
$38.10

52 Week Range

Now: $32.56
$8.32
$38.75

Volume

133,577 shs

Average Volume

178,609 shs

Market Capitalization

$446.98 million

P/E Ratio

61.43

Dividend Yield

N/A

Beta

0.95

Frequently Asked Questions

What sell-side analysts currently cover shares of Clearfield?

The following Wall Street sell-side analysts have issued research reports on Clearfield in the last year: Lake Street Capital, Northland Securities, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for CLFD.

What is the current price target for Clearfield?

2 Wall Street analysts have set twelve-month price targets for Clearfield in the last year. Their average twelve-month price target is $33.50, suggesting a possible upside of 2.9%. Lake Street Capital has the highest price target set, predicting CLFD will reach $37.00 in the next twelve months. Northland Securities has the lowest price target set, forecasting a price of $30.00 for Clearfield in the next year.
View the latest price targets for CLFD.

What is the current consensus analyst rating for Clearfield?

Clearfield currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CLFD will outperform the market and that investors should add to their positions of Clearfield.
View the latest ratings for CLFD.

What other companies compete with Clearfield?

How do I contact Clearfield's investor relations team?

Clearfield's physical mailing address is 7050 WINNETKA AVENUE NORTH SUITE 100, BROOKLYN PARK MN, 55428. The communications equipment provider's listed phone number is 763-476-6866 and its investor relations email address is [email protected] The official website for Clearfield is www.seeclearfield.com.