Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
9.31
+0.27 (2.99%)
Apr 13, 2026, 2:52 PM 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 27.60% increase in the stock price over the next year. The lowest target is $3.91 and the highest is $17.
Price Target: $11.88 (+27.60%)
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 7 | 7 | 7 | 7 |
| Sell | 0 | 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 | -3.33% | Mar 19, 2026 |
| GLJ Research | GLJ Research | Strong Sell Reiterates $9.42 | Strong Sell | Reiterates | $9.42 | +1.18% | Mar 16, 2026 |
| Citigroup | Citigroup | Hold Maintains $11 → $13 | Hold | Maintains | $11 → $13 | +39.63% | Feb 10, 2026 |
| GLJ Research | GLJ Research | Strong Sell Maintains $9.52 → $9.42 | Strong Sell | Maintains | $9.52 → $9.42 | +1.18% | 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
20.08B
from 18.61B
Increased by 7.90%
Revenue Next Year
20.57B
from 20.08B
Increased by 2.44%
EPS This Year
-0.48
from -2.91
EPS Next Year
0.30
from -0.48
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 21.6B | 22.3B | |
| Avg | 20.1B | 20.6B | |
| Low | 18.3B | 17.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 15.9% | 11.3% | |
| Avg | 7.9% | 2.4% | |
| Low | -1.8% | -10.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.16 | 1.01 | |
| Avg | -0.48 | 0.30 | |
| 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.