CLWCLWBasic Materials · Paper & Paper Products

CLW Stock Forecast: Clearwater Paper Corp. Price Predictions for 2026-2027

Last close, 30 Oct 2026
$13
+2.23% on the day

The 4 Wall Street analysts covering Clearwater Paper Corp. hold a median 12-month price target of $21 — +54.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 31 of 100 as at 31 Oct 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$214.2M
Ticker Nerd rank
31/ 100
Median analyst target
$21
Analysts covering
4
Revenue$374.8M−4.3% y/y
Operating income−$32.6M
Net income−$21.5M
Free cash flow$59.4M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−31.2%
1M
−30.7%
YTD
−23.7%
1Y
−24.6%
From 52W high
−43.1%
From 52W low
+6.7%
$12
$23
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CLW stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Clearwater Paper Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 31 Oct 2026
31/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
79
Size
65
Growth
65
Momentum
41
Volatility
34
Value
34
Issuance
33
Revisions
27
Quality
19

Accruals (79): Reported profit is backed by cash, and the company is not expanding recklessly.

Quality (19): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

CLW stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CLW, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$12$14$16$18$20$22$24Jan 26Apr 26Jul 26Oct 26CLWHigh $22Median $21Low $17

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says4 analysts
1 Buy3 Hold0 Sell
Low $17Median $21High $22

The green dot is the last close — the median target sits +54.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
27 Oct 2026RBC CapitalMaintainsOutperform$23 → $22
27 Oct 2026Truist SecuritiesMaintainsHold$20 → $17
16 Oct 2026RBC CapitalMaintainsOutperform$21 → $23
16 Oct 2026RBC CapitalMaintainsOutperform—
11 Sept 2026B of A SecuritiesMaintainsNeutral—
11 Sept 2026B of A SecuritiesMaintainsNeutral$24 → $25
15 July 2026Truist SecuritiesMaintainsHold—
15 July 2026Truist SecuritiesMaintainsHold$12 → $17
2 July 2026B of A SecuritiesInitiatesNeutral$19
2 July 2026B of A SecuritiesInitiatesNeutral—
29 Apr 2026RBC CapitalMaintainsOutperform—
29 Apr 2026Truist SecuritiesReiteratesHold—
15 Apr 2026Truist SecuritiesMaintainsHold—
20 Feb 2026RBC CapitalMaintainsOutperform—
19 Feb 2026Truist SecuritiesMaintainsHold—
20 Jan 2026Truist SecuritiesInitiatesHold—
29 Oct 2025RBC CapitalMaintainsOutperform—
22 Sept 2025TD CowenInitiatesBuy—
30 July 2025RBC CapitalMaintainsOutperform—
18 Feb 2025RBC CapitalReiteratesOutperform—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

CLW appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

CLW vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 30 Oct 2026, Clearwater Paper Corp. returned −24.6% against +12.4% for the S&P 500, dividends included.

CLW vs S&P 500, last 12 monthsTotal return, rebased to 100
708090100110120130Jan 26Apr 26Jul 26Oct 26CLWS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CLW analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
Analysts raising
3
Analysts cutting
0
Fundamentals

Clearwater Paper Corp. (CLW) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
1332.5×

Cheaper than 1% of US stocks

Price / sales
0.1×

Cheaper than 94% of US stocks

Price / book
0.3×

Cheaper than 87% of US stocks

EV / EBITDA
42.7×

Cheaper than 6% of US stocks

Growth & margins
Revenue growth (YoY)
−3.5%

Higher than 22% of US stocks

Earnings growth (YoY)
−4.3%

Higher than 32% of US stocks

Gross margin
−2.8%

Higher than 4% of US stocks

Operating margin
−3.2%

Higher than 29% of US stocks

Net margin
0.2%

Higher than 47% of US stocks

Returns & dividend
Return on equity
−4.1%

Higher than 40% of US stocks

Return on assets
−2.8%

Higher than 35% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Clearwater Paper Corp. (CLW) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Clearwater Paper Corp. has a market value of $214.2M and an enterprise value of $759.3M.

  • Revenue in the twelve months to 30 June 2026: $1.5B. The latest quarter shrank 3.5% year on year.

  • Net income over the same four quarters: −$49.2M, a −3.2% net margin.

  • Diluted earnings per share, trailing twelve months: $−3.04.

  • Free cash flow in the twelve months to 30 June 2026: $56.6M.

  • Clearwater Paper Corp. spent $2.2M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 16.1M.

  • Trailing P/E: 1332.5×; forward P/E: −8.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Clearwater Paper Corp. employs 1,900 people — $800K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 1 Nov 2026

Data provided by Twelve Data

Peers

CLW vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelPaper & Paper Products
CompanyMarket capTKN rank
CLWClearwater Paper Corp.$214.2M31
SLVMSylvamo Corp.$1.3B20
CMTCore Molding Technologies, Inc.*$191.8M33
HDSNHudson Technologies, Inc.*$185.3M27
FFFutureFuel Corp.*$248.4M38
USAUU.S. Gold Corp.*$176.2M22
SBMTSilver Bow Mining Corp.*$176.2M6

* Nearest Basic Materials names by size — few paper & paper products companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Clearwater Paper Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CLW news & analysis

What Clearwater Paper (CLW) Said on Its Q3 Earnings Call

MarketBeat · 27 Oct 2026neutral

Clearwater Paper reported Q3 adjusted EBITDA of $24 million, within its prior $20 million to $30 million guidance range, as recently announced price increases began benefiting results. It also completed debt refinancing extending its maturity profile to 2031 while addressing operational disruptions and additional maintenance at its Augusta mill.

Why it matters — The update gives CLW watchers information on quarterly results, pricing benefits, debt maturities, and ongoing mill issues.

Clearwater Paper Corporation (CLW) Q3 2026 Earnings Call Transcript

Seeking Alpha · 26 Oct 2026neutral

The provided excerpt contains only the headline for Clearwater Paper Corporation’s Q3 2026 earnings call transcript and gives no details about the call.

Why it matters — A CLW watcher would need the transcript’s contents to assess what management discussed; no such information is included in the supplied text.

Clearwater Paper Reports Third Quarter 2026 Results

Business Wire · 26 Oct 2026neutral

Clearwater Paper reported third-quarter 2026 net sales of $385 million, compared with $399 million in the same quarter of 2025, primarily due to lower market pricing. It recorded a net loss of $2 million, or $0.10 per diluted share, versus a net loss of $53 million, or $3.30 per diluted share a year earlier.

Why it matters — The results show lower year-over-year sales alongside a smaller reported net loss, providing CLW watchers an update on quarterly performance.

Are Basic Materials Stocks Lagging Clearwater Paper (CLW) This Year?

Zacks Investment Research · 23 Oct 2026neutral

Zacks Investment Research compares Clearwater Paper (CLW) and Green Plains Renewable Energy (GPRE) with their sector, focusing on how they have performed so far this year.

Why it matters — The comparison provides CLW watchers with context on the company’s year-to-date performance relative to its sector.

Longleaf Partners Small-Cap Fund Q3 2026 Portfolio Review

Seeking Alpha · 14 Oct 2026positive

Longleaf Partners Small-Cap Fund reported Clearwater Paper as a contributor during the quarter.

Why it matters — The fund’s report provides a positive quarterly performance note about Clearwater Paper.

FAQ

Frequently asked questions about CLW stock

What is the CLW stock price forecast for 2026-2027?

The 4 Wall Street analysts covering Clearwater Paper Corp. have a median 12-month price target of $21, with estimates ranging from $17 to $22. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CLW stock a buy right now?

Of the 4 analysts covering Clearwater Paper Corp., 1 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Clearwater Paper Corp. 31 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CLW?

As at 31 Oct 2026, Clearwater Paper Corp. ranks 31 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (79 of 100).

Will CLW stock go up?

No one can know that. What the data says: the median 12-month target from 4 analysts implies +54.5% from the last close, and Ticker Nerd's factor model ranks Clearwater Paper Corp. 31 out of 100 as at 31 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CLW stock forecast for 2030?

No analyst covering Clearwater Paper Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CLW are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $17 to $22 over the next 12 months.

How has CLW stock performed over the past year?

Clearwater Paper Corp. returned -24.6% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Clearwater Paper Corp. do?

Clearwater Paper Corporation is a paperboard packaging company that manufactures and supplies solid bleached sulfate paperboard for converters and commercial customers. Clearwater Paper Corporation’s products are used in folding cartons, food service packaging, liquid packaging, cups, plates, blister and carded packaging, top sheet applications, and commercial printing.

What is the latest news on CLW?

The most recent item we track (MarketBeat, 27 Oct 2026): "What Clearwater Paper (CLW) Said on Its Q3 Earnings Call". Clearwater Paper reported Q3 adjusted EBITDA of $24 million, within its prior $20 million to $30 million guidance range, as recently announced price increases began benefiting results. It also completed debt refinancing extending its maturity profile to 2031 while addressing operational disruptions and additional maintenance at its Augusta mill.

Company

About Clearwater Paper Corp.

Clearwater Paper Corporation is a paperboard packaging company that manufactures and supplies solid bleached sulfate paperboard for converters and commercial customers. Clearwater Paper Corporation’s products are used in folding cartons, food service packaging, liquid packaging, cups, plates, blister and carded packaging, top sheet applications, and commercial printing. The company also provides custom sheeting, slitting, and cutting services to support packaging production and finishing needs. Its paperboard business serves North American and international markets, with a focus on packaging converters, printers, and food service applications. Headquartered in Spokane, Washington, Clearwater Paper Corporation is a specialized supplier within the paper and packaging industry, where paperboard quality, consistency, and processing capabilities are important to downstream manufacturers.

CEO Mr. Arsen S. Kitch · 1,900 employees · United States · https://www.clearwaterpaper.com