Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
10.22
-0.39 (-3.68%)
At close: Apr 28, 2026, 4:00 PM EDT
10.29
+0.07 (0.68%)
After-hours: Apr 28, 2026, 7:57 PM EDT
Cleveland-Cliffs Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Cleveland-Cliffs stock have an average target of 10.43, with a low estimate of 3.91 and a high estimate of 16. The average target predicts an increase of 2.05% from the current stock price of 10.22.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Cleveland-Cliffs stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 7 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 12 | 12 | 12 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $17 → $12 | Buy | Maintains | $17 → $12 | +17.42% | Apr 21, 2026 |
| JP Morgan | JP Morgan | Hold Maintains $13 → $10 | Hold | Maintains | $13 → $10 | -2.15% | Apr 14, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $12 → $9 | Hold | Maintains | $12 → $9 | -11.94% | Mar 19, 2026 |
| GLJ Research | GLJ Research | Strong Sell Reiterates $9.42 | Strong Sell | Reiterates | $9.42 | -7.83% | Mar 16, 2026 |
| Citigroup | Citigroup | Hold Maintains $11 → $13 | Hold | Maintains | $11 → $13 | +27.20% | Feb 10, 2026 |
Financial Forecast
Revenue This Year
20.24B
from 18.61B
Increased by 8.76%
Revenue Next Year
20.77B
from 20.24B
Increased by 2.64%
EPS This Year
-0.48
from -2.91
EPS Next Year
0.30
from -0.48
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 21.9B | 22.9B | |
| Avg | 20.2B | 20.8B | |
| Low | 18.3B | 17.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 17.8% | 13.1% | |
| Avg | 8.8% | 2.6% | |
| Low | -1.8% | -11.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.16 | 1.01 | |
| Avg | -0.48 | 0.30 | |
| Low | -1.35 | -0.69 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| 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.