Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
12.05
-0.37 (-2.94%)
Aug 12, 2026, 12:54 PM EDT - Market open
Cleveland-Cliffs Stock Forecast
Stock Price Forecast
According to 13 analysts polled by S&P Global, Cleveland-Cliffs stock has a consensus rating of "Hold" and an average price target of $11.8. The average 1-year stock price forecast is 2.03% lower than the current stock price, while the lowest is $10 (-16.98%) and the highest is $15 (+24.53%).
Price Target: $11.8 (-2.03%)
Analyst Consensus: Hold
Price Target
ChartAnalyst 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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 9 | 9 | 9 | 10 | 11 | 11 |
| Sell | 1 | 1 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bank of America Securities | Bank of America Securities | Hold Maintains $12 → $12 | Hold | Maintains | $12 → $12 | -0.37% | Aug 3, 2026 |
Unknown Analyst Seaport Global No rating | Seaport Global | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jul 31, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $10 → $11 | Hold | Maintains | $10 → $11 | -8.68% | Jul 29, 2026 |
| KeyBanc | KeyBanc | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jul 28, 2026 |
| GLJ Research | GLJ Research | Buy Upgrades $15 → $16 | Buy | Upgrades | $15 → $16 | +29.51% | Jul 24, 2026 |
Financial Forecast
Revenue This Year
21.42B
from 18.61B
Increased by 15.08%
Revenue Next Year
22.04B
from 21.42B
Increased by 2.92%
EPS This Year
-0.27
from -2.48
EPS Next Year
0.51
from -0.27
EPS and Forward PE are based on non-GAAP adjusted numbers.