Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
7.47
-0.09 (-1.26%)
Jun 4, 2025, 1:35 PM - Market open
Cleveland-Cliffs Stock Forecast
Stock Price Forecast
According to 10 professional analysts, the 12-month price target for Cleveland-Cliffs stock ranges from a low of $3.91 to a high of $23. The average analyst price target of $12.92 forecasts a 73.07% increase in the stock price over the next year.
Price Target: $12.92 (+73.07%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cleveland-Cliffs stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 5 | 5 | 5 | 6 | 4 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 5 | 5 | 4 | 4 | 4 | 5 |
Sell | 2 | 2 | 2 | 1 | 0 | 0 |
Strong Sell | 1 | 0 | 0 | 0 | 0 | 1 |
Total | 12 | 12 | 11 | 10 | 10 | 10 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Jefferies | Jefferies | Strong Buy → Hold Downgrades $10 → $6 | Strong Buy → Hold | Downgrades | $10 → $6 | -19.62% | May 29, 2025 |
GLJ Research | GLJ Research | Strong Buy → Strong Sell Downgrades $3.91 | Strong Buy → Strong Sell | Downgrades | $3.91 | -47.62% | May 28, 2025 |
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $13 → $11 | Strong Buy | Maintains | $13 → $11 | +50.70% | May 12, 2025 |
B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $20 → $17 | Strong Buy | Reiterates | $20 → $17 | +127.73% | Apr 23, 2025 |
Seaport Global | Seaport Global | Strong Buy Maintains $14 → $11 | Strong Buy | Maintains | $14 → $11 | +47.35% | Mar 12, 2025 |
Financial Forecast
Revenue This Year
20.28B
from 19.19B
Increased by 5.70%
Revenue Next Year
21.44B
from 20.28B
Increased by 5.72%
EPS This Year
-0.98
from -1.57
EPS Next Year
0.41
from -0.98
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
Revenue | 2025 | 2026 | 2027 |
---|---|---|---|
High | 22.7B | 23.3B | 24.4B |
Avg | 20.3B | 21.4B | 22.5B |
Low | 18.9B | 19.0B | 20.8B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | 18.2% | 15.0% | 13.9% |
Avg | 5.7% | 5.7% | 4.9% |
Low | -1.7% | -6.4% | -3.1% |
EPS Forecast
EPS | 2025 | 2026 | 2027 |
---|---|---|---|
High | 0.15 | 1.65 | 1.20 |
Avg | -0.98 | 0.41 | 0.59 |
Low | -2.14 | -0.12 | 0.08 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | - | - | 189.8% |
Avg | - | - | 42.3% |
Low | - | - | -81.0% |
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.