Clearfield price target lowered to $44 from $46 at Roth Capital

Roth Capital analyst Scott Searle lowered the firm’s price target on Clearfield (CLFD) to $44 from $46 and keeps a Buy rating on the shares ahead of the fiscal Q2 report on May 6. The firm believes Clearfield’s existing customer demand trends have stabilize while its core fiber outlook remains “healthy.” However, given the expected deployment timelines of Broadband Equity, Access, and Deployment funding and fiber availability headwinds, Roth modestly reduced its estimates for the second half of 2026.