Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
7.17
+0.25 (3.61%)
At close: Jun 24, 2025, 4:00 PM
7.16
-0.01 (-0.14%)
After-hours: Jun 24, 2025, 7:42 PM EDT
Cleveland-Cliffs Stock Forecast
Stock Price Forecast
The 9 analysts that cover Cleveland-Cliffs stock have a consensus rating of "Buy" and an average price target of $12.13, which forecasts a 69.18% increase in the stock price over the next year. The lowest target is $3.91 and the highest is $23.
Price Target: $12.13 (+69.18%)
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 6 | 4 | 4 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 5 | 4 | 4 | 4 | 5 | 4 |
Sell | 2 | 2 | 1 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
Total | 12 | 11 | 10 | 10 | 10 | 9 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Morgan Stanley | Morgan Stanley | Hold Maintains $7.5 → $8 | Hold | Maintains | $7.5 → $8 | +11.58% | Jun 20, 2025 |
Jefferies | Jefferies | Strong Buy → Hold Downgrades $10 → $6 | Strong Buy → Hold | Downgrades | $10 → $6 | -16.32% | May 29, 2025 |
GLJ Research | GLJ Research | Strong Buy → Strong Sell Downgrades $3.91 | Strong Buy → Strong Sell | Downgrades | $3.91 | -45.47% | May 28, 2025 |
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $13 → $11 | Strong Buy | Maintains | $13 → $11 | +56.90% | May 12, 2025 |
B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $20 → $17 | Strong Buy | Reiterates | $20 → $17 | +137.10% | Apr 23, 2025 |
Financial Forecast
Revenue This Year
19.95B
from 19.19B
Increased by 3.98%
Revenue Next Year
21.17B
from 19.95B
Increased by 6.14%
EPS This Year
-1.47
from -1.57
EPS Next Year
0.33
from -1.47
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
Revenue | 2025 | 2026 | 2027 |
---|---|---|---|
High | 22.0B | 23.3B | 24.4B |
Avg | 19.9B | 21.2B | 22.3B |
Low | 18.7B | 19.0B | 20.5B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | 14.6% | 16.9% | 15.4% |
Avg | 4.0% | 6.1% | 5.4% |
Low | -2.7% | -4.9% | -3.3% |
EPS Forecast
EPS | 2025 | 2026 | 2027 |
---|---|---|---|
High | -0.83 | 1.65 | 1.00 |
Avg | -1.47 | 0.33 | 0.69 |
Low | -2.14 | -0.31 | 0.39 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | - | - | 200.9% |
Avg | - | - | 108.8% |
Low | - | - | 18.3% |
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.