Clearfield, Inc. (CLFD)
NASDAQ: CLFD · Real-Time Price · USD
29.87
+0.69 (2.36%)
Nov 21, 2024, 1:09 PM EST - Market open

Clearfield Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Clearfield stock have an average target of 46.67, with a low estimate of 45 and a high estimate of 50. The average target predicts an increase of 56.24% from the current stock price of 29.87.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $45 $46.67 $45 $50
Change +50.65% +56.24% +50.65% +67.39%

Analyst Ratings

The average analyst rating for Clearfield stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222222
Buy 001111
Hold 220000
Sell 000000
Strong Sell 000000
Total 443333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Reiterates
$50
Strong Buy Reiterates $50 +67.39% Nov 8, 2024
Needham
Needham
Strong Buy
Reiterates
$50
Strong Buy Reiterates $50 +67.39% Sep 24, 2024
Needham
Needham
Strong Buy
Maintains
$42$50
Strong Buy Maintains $42$50 +67.39% Aug 5, 2024
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$40$45
Buy Maintains $40$45 +50.65% Aug 2, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$47$45
Strong Buy Maintains $47$45 +50.65% Aug 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
191.91M
from 166.71M
Increased by 15.12%
Revenue Next Year
n/a
from 191.91M
EPS This Year
-0.18
from -0.85
EPS Next Year
n/a
from -0.18
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Sep 30, 2020 Sep 30, 2021 Sep 30, 2022 Sep 30, 2023 Sep 30, 2024 Sep 30, 2025
Revenue
93.08M140.76M270.88M268.72M166.71M191.91M
Revenue Growth
9.46%51.23%92.45%-0.80%-37.96%15.12%
EPS
0.531.473.552.17-0.85-0.18
EPS Growth
56.03%177.36%141.50%-38.87%--
Forward PE
------
No. Analysts -----6
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025
High 208.1M
Avg 191.9M
Low 176.4M

Revenue Growth

Revenue Growth 2025
High
24.8%
Avg
15.1%
Low
5.8%

EPS Forecast

EPS 2025
High 0.36
Avg -0.18
Low -0.40

EPS Growth

EPS Growth 2025
High -
Avg -
Low -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.