Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
14.34
-0.29 (-1.98%)
At close: Jan 22, 2026, 4:00 PM EST
14.37
+0.03 (0.20%)
After-hours: Jan 22, 2026, 7:59 PM EST
Cleveland-Cliffs Stock Forecast
Stock Price Forecast
The 11 analysts that cover Cleveland-Cliffs stock have a consensus rating of "Hold" and an average price target of $11.9, which forecasts a -17.02% decrease in the stock price over the next year. The lowest target is $3.91 and the highest is $17.
Price Target: $11.9 (-17.02%)
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 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 6 | 5 | 6 | 6 | 6 |
| Sell | 0 | 0 | 1 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 2 | 2 | 2 | 2 |
| Total | 9 | 11 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| GLJ Research | GLJ Research | Strong Sell Maintains $5.75 → $9.52 | Strong Sell | Maintains | $5.75 → $9.52 | -33.61% | Jan 13, 2026 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $13 → $17 | Hold → Buy | Upgrades | $13 → $17 | +18.55% | Jan 9, 2026 |
| Keybanc | Keybanc | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 7, 2026 |
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $11 → $12 | Sell → Hold | Upgrades | $11 → $12 | -16.32% | Nov 14, 2025 |
| Citigroup | Citigroup | Hold Maintains $12 → $11 | Hold | Maintains | $12 → $11 | -23.29% | Nov 11, 2025 |
Financial Forecast
Revenue This Year
19.10B
from 19.19B
Decreased by -0.46%
Revenue Next Year
20.52B
from 19.10B
Increased by 7.43%
EPS This Year
-2.99
from -1.57
EPS Next Year
-0.05
from -2.99
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 20.0B | 23.4B | |
| Avg | 19.1B | 20.5B | |
| Low | 18.4B | 17.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.2% | 22.6% | |
| Avg | -0.5% | 7.4% | |
| Low | -4.3% | -6.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -2.68 | 0.42 | |
| Avg | -2.99 | -0.05 | |
| Low | -3.11 | -0.73 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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.