# Clearwater Paper (CLW) — Analyst Forecast

CLW · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/clw/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Hold | 1 | 3 | 0 | 4 |

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Sep 11, 2026 | B of A Securities | Maintained | Neutral | $25.00 |
| Jul 15, 2026 | Truist Securities | Maintained | Hold | $17.00 |
| Jul 2, 2026 | B of A Securities | Initiated Coverage | Neutral | $19.00 |
| Apr 29, 2026 | Truist Securities | Maintained | Hold | $12.00 |
| Apr 29, 2026 | RBC Capital | Maintained | Outperform | $19.00 |
| Apr 15, 2026 | Truist Securities | Maintained | Hold | $15.00 |
| Feb 20, 2026 | RBC Capital | Maintained | Outperform | $23.00 |
| Feb 19, 2026 | Truist Securities | Maintained | Hold | $16.00 |
| Jan 20, 2026 | Truist Securities | Initiated Coverage | Hold | $21.00 |
| Oct 29, 2025 | RBC Capital | Maintained | Outperform | $30.00 |
| Sep 22, 2025 | TD Cowen | Initiated Coverage | Buy | $30.00 |
| Jul 30, 2025 | RBC Capital | Maintained | Outperform | $36.00 |
| Feb 18, 2025 | RBC Capital | Maintained | Outperform | $37.00 |
| Nov 5, 2024 | RBC Capital | Maintained | Outperform | $37.00 |
| Oct 18, 2024 | RBC Capital | Upgraded | Sector Perform → Outperform | $37.00 |
| Aug 7, 2024 | RBC Capital | Maintained | Sector Perform | $48.00 |
| Apr 30, 2024 | RBC Capital | Maintained | Sector Perform | $42.00 |
| Oct 31, 2023 | RBC Capital | Downgraded | Outperform → Sector Perform | — |
| Sep 8, 2023 | RBC Capital | Maintained | Outperform | $42.00 |
| May 3, 2023 | RBC Capital | Maintained | Outperform | $42.00 |

## Frequently Asked Questions

### Is CLW a buy, sell, or hold?

Analysts covering Clearwater Paper currently average a Hold rating: 1 buy, 3 hold and 0 sell, from 4 analysts. Ratings reflect analyst opinion, not investment advice.

### What is the latest analyst rating on CLW?

On Sep 11, 2026, B of A Securities maintained Clearwater Paper at Neutral with a price target of $25.00.

---

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).