Clearfield, Inc. (CLFD)
NASDAQ: CLFD · IEX Real-Time Price · USD
29.07
-0.53 (-1.79%)
Apr 25, 2024, 11:36 AM EDT - Market open
Clearfield Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Clearfield stock have an average target of 41.5, with a low estimate of 36 and a high estimate of 47. The average target predicts an increase of 42.76% from the current stock price of 29.07.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Clearfield stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $36 | Strong Buy | Reiterates | $36 | +23.84% | Apr 17, 2024 |
| Needham | Needham | Strong Buy Maintains $40 → $36 | Strong Buy | Maintains | $40 → $36 | +23.84% | Feb 2, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $49 → $47 | Strong Buy | Maintains | $49 → $47 | +61.68% | Jan 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +37.60% | Jan 18, 2024 |
| Needham | Needham | Strong Buy Maintains $45 → $40 | Strong Buy | Maintains | $45 → $40 | +37.60% | Nov 10, 2023 |
Financial Forecast
Revenue This Year
149.49M
from 268.72M
Decreased by -44.37%
Revenue Next Year
202.78M
from 149.49M
Increased by 35.65%
EPS This Year
-1.22
from 2.17
EPS Next Year
0.10
from -1.22
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 164.0M | 261.0M |
| Avg | 149.5M | 202.8M |
| Low | 137.2M | 163.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -39.0% | 74.6% |
| Avg | -44.4% | 35.6% |
| Low | -48.9% | 9.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.95 | 1.60 |
| Avg | -1.22 | 0.10 |
| Low | -1.46 | -0.72 |
EPS Growth
| EPS Growth | 2024 | 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.