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Clearfield, Inc. (CLFD)

Technology | Communication Equipment | Minneapolis, United States | NasdaqGM
32.97 USD +0.23 (0.703%) ⇧ (July 14, 2026, 11:35 a.m. EDT)

Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:23 a.m. EDT

The investment case for Clearfield is currently fractured by a severe disconnect between its operational reality and its market valuation. Fundamentally, the company is struggling with a 15.3% contraction in revenue and negative operating margins, while trading at a staggering 147x trailing earnings. This valuation implies the market is pricing in a perfect turnaround that the current financials do not yet support. The lack of a dividend and the recent insider selling further dampen the appeal for income or value-oriented investors. However, the narrative is not entirely bleak. The forward P/E of 23 suggests analysts expect a significant recovery in profitability, and the upcoming launch of the NOVA platform offers a potential catalyst for growth. The options market reflects this tension: traders are buying deep puts to hedge against a failure of this thesis, while simultaneously placing speculative calls at much higher price targets, hoping for a 'lottery ticket' style surge. For now, the stock remains a high-risk, high-reward speculative play rather than a solid investment, as the multi-year price trajectory shows volatility without a clear, sustained upward trend in the most recent periods.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.351963
AutoETS0.354208
AutoARIMA0.376496
AutoTheta0.377181

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 40%
H-stat 0.96
Ljung-Box p 0.000
Jarque-Bera p 0.067
Excess Kurtosis 0.22
Attribute Value
Sector Technology
Debt to Equity Ratio 4.505
Revenue per Share 10.766
Market Cap 448,044,512
Trailing P/E 143.35
Forward P/E 22.74
Beta 2.11
Profit Margins -5.80%
Website https://www.seeclearfield.com

As of July 11, 2026, 4:23 a.m. EDT: Speculators are positioning defensively with heavy put volume at strikes significantly below the current price (20, 25, 30), suggesting a fear of a sharp decline. Conversely, call interest is concentrated far out-of-the-money (45, 50, 55), indicating a speculative hope for a massive rally without immediate conviction in a near-term move. The imbalance in open interest favors downside protection over upside bets.


Info Dump

Attribute Value
52 Week Change -0.20803094
Address1 7,050 Winnetka Avenue North
Address2 Suite 100 Brooklyn Park
All Time High 134.9
All Time Low 0.18
Ask 41.2
Ask Size 2
Audit Risk 7
Average Daily Volume10 Day 170,880
Average Daily Volume3 Month 301,944
Average Volume 301,944
Average Volume10Days 170,880
Beta 2.112
Bid 23.76
Bid Size 2
Board Risk 1
Book Value 17.83
City Minneapolis
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 32.97
Current Ratio 12.842
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 33.23
Day Low 32.145
Debt To Equity 4.505
Display Name Clearfield
Earnings Call Timestamp End 1,778,101,200
Earnings Call Timestamp Start 1,778,101,200
Earnings Timestamp 1,778,097,600
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda 4,839,000
Ebitda Margins 0.03258
Enterprise To Ebitda 75.385
Enterprise To Revenue 2.456
Enterprise Value 364,788,928
Eps Current Year 0.7
Eps Forward 1.45
Eps Trailing Twelve Months 0.23
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 763 475 8457
Fifty Day Average 39.5682
Fifty Day Average Change -6.598198
Fifty Day Average Change Percent -0.16675508
Fifty Two Week Change Percent -20.803093
Fifty Two Week High 52.73
Fifty Two Week High Change -19.759998
Fifty Two Week High Change Percent -0.3747392
Fifty Two Week Low 23.76
Fifty Two Week Low Change 9.210001
Fifty Two Week Low Change Percent 0.3876263
Fifty Two Week Range 23.76 - 52.73
Financial Currency USD
First Trade Date Milliseconds 523,719,000,000
Float Shares 10,337,638
Forward Eps 1.45
Forward P E 22.73793
Free Cashflow 19,607,124
Full Exchange Name NasdaqGM
Full Time Employees 243
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.33962002
Gross Profits 50,450,000
Has Pre Post Market Data 1
Held Percent Insiders 0.18164
Held Percent Institutions 0.61207
Implied Shares Outstanding 13,589,460
Industry Communication Equipment
Industry Disp Communication Equipment
Industry Key communication-equipment
Ir Website http://www.clearfieldconnection.com/about/investors/
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,759,190,400
Last Split Date 607,564,800
Last Split Factor 2:1
Long Business Summary Clearfield, Inc., together with its subsidiaries, designs, manufactures, and distributes fiber management, protection, and delivery products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical component integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and FiberFlex, an outdoor active cabinet for mounting and configuration of electronic equipment. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers cable management and mounting bracket kit that support the deployment of access terminals; YOURx, an access terminal that provides flexibility with cable mid-span and internal splicing options; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; Fiber Assemblies used for industry-standard or customer-specified configurations; and ClearPass Connector Cleaning Dust Cap, which simplifies fiber connector cleaning while enhancing network performance. In addition, the company offers fiber to the premise, fiber to the business, DC interconnect/campus network, meet-me room, main distribution area, and white space. Further, it provides metro core, backhaul, indoor/outdoor DAS, small cells, and FTT-cell site. The company serves various service providers, including national carriers, community broadband, multiple system operators, legacy build-to-print copper and fiber assemblies, large enterprises, and original equipment manufacturer markets. It sells its products through sales force and authorized distributors. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was incorporated in 1979 and is headquartered in Minneapolis, Minnesota.
Long Name Clearfield, Inc.
Market us_market
Market Cap 448,044,512
Market State REGULAR
Max Age 86,400
Message Board Id finmb_247156
Most Recent Quarter 1,774,915,200
Net Income To Common 3,312,000
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 445,190,709
Number Of Analyst Opinions 4
Open 33.23
Operating Cashflow 18,120,000
Operating Margins -0.060159996
Overall Risk 2
Payout Ratio 0.0
Phone 763 476 6866
Previous Close 32.74
Price Eps Current Year 47.100002
Price Hint 2
Price To Book 1.8491307
Price To Sales Trailing12 Months 3.01618
Profit Margins -0.057979997
Quick Ratio 8.819
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.22999954
Regular Market Change Percent 0.70250314
Regular Market Day High 33.23
Regular Market Day Low 32.145
Regular Market Day Range 32.145 - 33.23
Regular Market Open 33.23
Regular Market Previous Close 32.74
Regular Market Price 32.97
Regular Market Time 1,784,043,351
Regular Market Volume 38,754
Return On Assets -0.00307
Return On Equity 0.01302
Revenue Growth -0.153
Revenue Per Share 10.766
Sand P52 Week Change 0.20365608
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 2
Shares Outstanding 13,589,460
Shares Percent Shares Out 0.1026
Shares Short 1,394,592
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,730,287
Short Name Clearfield, Inc.
Short Percent Of Float 0.1252
Short Ratio 5.31
Source Interval 15
State MN
Symbol CLFD
Target High Price 45.0
Target Low Price 41.0
Target Mean Price 43.75
Target Median Price 44.5
Total Cash 91,069,000
Total Cash Per Share 6.701
Total Debt 10,939,000
Total Revenue 148,547,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.23
Trailing P E 143.34782
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 33.1632
Two Hundred Day Average Change -0.19319916
Two Hundred Day Average Change Percent -0.005825709
Type Disp Equity
Volume 38,754
Website https://www.seeclearfield.com
Zip 55,428