Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
8.16
+0.13 (1.62%)
Mar 24, 2026, 10:48 AM EDT - Market open
Cleveland-Cliffs Stock Forecast
Stock Price Forecast
The 10 analysts that cover Cleveland-Cliffs stock have a consensus rating of "Hold" and an average price target of $11.88, which forecasts a 45.59% increase in the stock price over the next year. The lowest target is $3.91 and the highest is $17.
Price Target: $11.88 (+45.59%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Cleveland-Cliffs stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 6 | 6 | 7 | 7 | 7 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 12 | 12 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $12 → $9 | Hold | Maintains | $12 → $9 | +10.29% | Mar 19, 2026 |
| GLJ Research | GLJ Research | Strong Sell Reiterates $9.42 | Strong Sell | Reiterates | $9.42 | +15.44% | Mar 16, 2026 |
| Citigroup | Citigroup | Hold Maintains $11 → $13 | Hold | Maintains | $11 → $13 | +59.31% | Feb 10, 2026 |
| GLJ Research | GLJ Research | Strong Sell Maintains $9.52 → $9.42 | Strong Sell | Maintains | $9.52 → $9.42 | +15.44% | Feb 10, 2026 |
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 23, 2026 |
Financial Forecast
Revenue This Year
20.18B
from 18.61B
Increased by 8.43%
Revenue Next Year
20.73B
from 20.18B
Increased by 2.73%
EPS This Year
-0.56
from -2.91
EPS Next Year
0.41
from -0.56
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 22.3B | 23.5B | |
| Avg | 20.2B | 20.7B | |
| Low | 18.3B | 17.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 19.6% | 16.3% | |
| Avg | 8.4% | 2.7% | |
| Low | -1.8% | -11.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.11 | 1.01 | |
| Avg | -0.56 | 0.41 | |
| 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.