Needham lowered the firm’s price target on Clearfield (CLFD) to $45 from $50 and keeps a Buy rating on the shares. The company delivered solid Q4 results with consolidated revenue 2% above consensus, though its EPS of $(0.65) was impacted by a $10.4M write down of the divested Nestor BU, the analyst tells investors in a research note. Clearfield’s prudent guidance implies core y/y revenue growth of 6% in Q1 and 10% in FY26 as the market adjusts to BEAD-driven demand and a likely fiber shortage in 2026, the firm added.
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Read More on CLFD:
- Clearfield’s Strategic Growth Potential: Buy Rating Affirmed Amidst Challenges and Opportunities
- Clearfield Reports Strong 2025 Financial Performance
- Clearfield price target lowered to $43 from $50 at Roth Capital
- Clearfield reports Q4 EPS 13 vs. (1c) last year
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