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Clearfield reported ‘blowout’ Q2 results, says Roth Capital

Roth Capital says Clearfield (CLFD) last night reported a “blowout” fiscal Q2 on recovering community broadband and large regional service providers. With a sequentially flattish guidance, Clearfield has reached a new sales normal driven by sustained healthy fiber demand in a pre-Broadband Equity, Access, and Deployment program environment. The firm believes BEAD is likely to provide 2026 upside. Clearfield solutions are positioned to gain share and grow in excess of the market, contends Roth, which keeps a Buy rating on the shares with a $45 price target The stock in afternoon trading is up 7% to $33.93.

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