CLFD

Company Overview — What Does Clearfield, Inc. Do?

Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor cabinet and fiber active cabinet products. The company offers StreetSmart, a portfolio of fiber management products; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; and YOURx platform that consists of hardened terminals, test access points, and various drop cable options for portions of the access network across various fiber drop cable media. It also provides CraftSmart, a line of optical protection field enclosures, including CraftSmart Fiber Protection Pedestals and CraftSmart Fiber Protection Vaults integrated solutions optimized to house FieldSmart products at the last mile access point of the network in above-grade or below-grade installations. The company offers fiber and copper assemblies with an industry-standard or customer-specified configuration; and designs and manufactures custom solutions for in-the-box and network connectivity assemblies specific to that customer's product line. It provides its fiber to anywhere platform for various incumbent local exchange carriers, competitive local exchange carriers, wireless operators, and multiple systems operators and cable TV companies, as well as the utility/municipality, enterprise, and data center markets. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota. Clearfield, Inc. (CLFD) is classified as a small-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO Cheryl P. Beranek and employs approximately 1,130 people, headquartered in BROOKLYN PARK, Minnesota. With a market capitalization of $356M, CLFD is one of the notable companies in the Technology sector.

Clearfield, Inc. (CLFD) Stock Rating — Reduce (April 2026)

As of April 2026, Clearfield, Inc. receives a Reduce rating with a composite score of 37.8/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.CLFD ranks #2,693 out of 4,446 stocks in our coverage universe. Within the Technology sector, Clearfield, Inc. ranks #289 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

CLFD Stock Price and 52-Week Range

Clearfield, Inc. (CLFD) currently trades at $27.00. The stock gained $0.01 (0.0%) in the most recent trading session. The 52-week high for CLFD is $46.76, which means the stock is currently trading -42.3% from its annual peak. The 52-week low is $23.78, putting the stock 13.5% above its annual trough. Recent trading volume was 245K shares, suggesting relatively thin trading activity.

Is CLFD Overvalued or Undervalued? — Valuation Analysis

Clearfield, Inc. (CLFD) carries a value factor score of 36/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 861.55x, compared to the Technology sector average of 45.27x — a premium of 1803%. The price-to-book ratio stands at 1.43x, versus the sector average of 3.16x. The price-to-sales ratio is 2.13x, compared to 1.06x for the average Technology stock.

At current multiples, Clearfield, Inc. trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Clearfield, Inc. Profitability — ROE, Margins, and Quality Score

Clearfield, Inc. (CLFD) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 0.2%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 0.1% versus the sector average of -1.0%.

On a margin basis, Clearfield, Inc. reports gross margins of 29.2%, compared to 50.9% for the sector. The operating margin is -3.2% (sector: -0.5%). Net profit margin stands at -0.3%, versus -1.5% for the average Technology stock. Revenue growth is running at -29.6% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

CLFD Debt, Balance Sheet, and Financial Health

Clearfield, Inc. has a debt-to-equity ratio of 7.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 12.55x, indicating strong short-term liquidity.

CLFD has a beta of 1.30, meaning it is more volatile than the broader market — a $10,000 investment in CLFD would be expected to move 30.4% more than the S&P 500 on any given day. The stability factor score for Clearfield, Inc. is 50/100, reflecting average volatility within the normal range for its sector.

Clearfield, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Clearfield, Inc. reported revenue of $167M and earnings per share (EPS) of $-0.04. Net income for the quarter was $413,000. Gross margin was 29.2%. Operating income came in at $-4M.

In Q1 2026, Clearfield, Inc. reported revenue of $34M and earnings per share (EPS) of $-0.04. Net income for the quarter was $-614,000. Gross margin was 33.2%. Revenue grew -3.2% year-over-year compared to Q1 2025. Operating income came in at $-2M.

In FY 2025, Clearfield, Inc. reported revenue of $150M and earnings per share (EPS) of $-0.58. Net income for the quarter was $-8M. Gross margin was 33.7%. Revenue grew -9.9% year-over-year compared to FY 2024. Operating income came in at $2M.

In Q3 2025, Clearfield, Inc. reported revenue of $50M and earnings per share (EPS) of $0.11. Net income for the quarter was $2M. Gross margin was 30.5%. Revenue grew 2.3% year-over-year compared to Q3 2024. Operating income came in at $1M.

Over the past 8 quarters, Clearfield, Inc. has demonstrated a growth trajectory, with revenue expanding from $49M to $167M. Investors analyzing CLFD stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

CLFD Dividend Yield and Income Analysis

Clearfield, Inc. (CLFD) does not currently pay a dividend. This is common among smaller companies in the Electronic Equipment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

CLFD Momentum and Technical Analysis Profile

Clearfield, Inc. (CLFD) has a momentum factor score of 34/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 38/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 2/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

CLFD vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, Clearfield, Inc. (CLFD) ranks #289 out of 584 stocks based on the Blank Capital composite score. This places CLFD in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing CLFD against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full CLFD vs S&P 500 (SPY) comparison to assess how Clearfield, Inc. stacks up against the broader market across all factor dimensions.

CLFD Next Earnings Date

No upcoming earnings date has been announced for Clearfield, Inc. (CLFD) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy CLFD? — Investment Thesis Summary

The quantitative profile for Clearfield, Inc. suggests caution. The value score of 36/100 indicates premium valuation. Momentum is weak at 34/100, a headwind for near-term performance.

In summary, Clearfield, Inc. (CLFD) earns a Reduce rating with a composite score of 37.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on CLFD stock.

Related Resources for CLFD Investors

Explore more research and tools: CLFD vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare CLFD head-to-head with peers: CLFD vs IHS, CLFD vs VRSN, CLFD vs ESE.