Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
11.35
-0.63 (-5.26%)
At close: Feb 21, 2025, 4:00 PM
11.36
+0.01 (0.09%)
After-hours: Feb 21, 2025, 7:59 PM 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 16.53, with a low estimate of 11 and a high estimate of 23. The average target predicts an increase of 45.64% from the current stock price of 11.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cleveland-Cliffs stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 5 | 5 | 4 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 11 | 11 | 11 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $13 → $11 | Hold | Maintains | $13 → $11 | -3.08% | Feb 3, 2025 |
| GLJ Research | GLJ Research | Strong Sell → Strong Buy Upgrades $14 | Strong Sell → Strong Buy | Upgrades | $14 | +25.73% | Jan 7, 2025 |
| Citigroup | Citigroup | Hold Maintains $13 → $11 | Hold | Maintains | $13 → $11 | -3.08% | Dec 19, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $16 | Strong Buy | Initiates | $16 | +40.97% | Dec 2, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $15 → $14 | Hold | Maintains | $15 → $14 | +18.94% | Sep 18, 2024 |
Financial Forecast
Revenue This Year
19.52B
from 22.00B
Decreased by -11.24%
Revenue Next Year
21.54B
from 19.52B
Increased by 10.34%
EPS This Year
-1.10
from 0.78
EPS Next Year
-0.39
from -1.10
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.9B | 30.8B | 24.9B |
| Avg | 19.5B | 21.5B | 22.3B |
| Low | 18.7B | 19.1B | 20.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -5.0% | 57.8% | 15.5% |
| Avg | -11.2% | 10.3% | 3.6% |
| Low | -14.8% | -2.0% | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.21 | 0.68 | 2.12 |
| Avg | -1.10 | -0.39 | 0.81 |
| Low | -1.40 | -1.20 | -0.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.