Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
11.08
-0.32 (-2.81%)
At close: Mar 3, 2026, 4:00 PM EST
11.27
+0.19 (1.71%)
Pre-market: Mar 4, 2026, 7:09 AM EST

Cleveland-Cliffs Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Cleveland-Cliffs stock have an average target of 12.18, with a low estimate of 3.91 and a high estimate of 17. The average target predicts an increase of 9.93% from the current stock price of 11.08.

Analyst Consensus: Hold
Target Low Average Median High
Price $3.91 $12.18 $13 $17
Change -64.71% +9.93% +17.33% +53.43%

Analyst Ratings

The average analyst rating for Cleveland-Cliffs stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy 333322
Buy 111111
Hold 656677
Sell 010000
Strong Sell 122222
Total 111212121212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Hold
Maintains
$11$13
Hold Maintains $11$13 +17.33% Feb 10, 2026
GLJ Research
GLJ Research
Strong Sell
Maintains
$9.52$9.42
Strong Sell Maintains $9.52$9.42 -14.98% Feb 10, 2026
Seaport Global
Seaport Global
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 23, 2026
GLJ Research
GLJ Research
Strong Sell
Maintains
$5.75$9.52
Strong Sell Maintains $5.75$9.52 -14.08% Jan 13, 2026
Morgan Stanley
Morgan Stanley
Buy
Upgrades
$13$17
Buy Upgrades $13$17 +53.43% Jan 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
20.43B
from 18.61B
Increased by 9.80%
Revenue Next Year
21.08B
from 20.43B
Increased by 3.15%
EPS This Year
0.02
from -2.91
EPS Next Year
0.46
from 0.02
Increased by 2,149.75%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
20.44B22.99B22.00B19.19B18.61B20.43B21.08B
Revenue Growth
281.84%12.45%-4.32%-12.78%-3.00%9.80%3.15%
EPS
5.352.560.75-1.58-2.910.020.46
EPS Growth
--52.27%-70.58%---2,149.75%
Forward PE
-----543.6224.16
No. Analysts -----1511
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 23.4B 24.6B
Avg 20.4B 21.1B
Low 17.8B 17.6B

Revenue Growth

Revenue Growth 202620272028
High
25.8%
20.5%
Avg
9.8%
3.1%
Low
-4.1%
-14.0%

EPS Forecast

EPS 20262027
High 0.41 1.12
Avg 0.02 0.46
Low -0.73 -0.89

EPS Growth

EPS Growth 20262027
High -
5,412.3%
Avg -
2,149.8%
Low - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.