Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
14.25
-0.01 (-0.07%)
At close: Oct 30, 2026, 4:00 PM EDT
14.20
-0.05 (-0.35%)
After-hours: Oct 30, 2026, 7:56 PM EDT

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 $14.25. The average 1-year stock price forecast is the same as the current stock price, while the lowest is $12 (-15.79%) and the highest is $18 (+26.32%).

Price Target: $14.25 (0.00%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$12$14.25$14$18
Change-15.79%0.00%-1.75%+26.32%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111112
Buy100000
Hold91011111110
Sell221111
Strong Sell000000
Total131313131313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Hold
Maintains
$12 → $14
HoldMaintains$12 → $14-1.75%Oct 30, 2026
B. Riley Securities
B. Riley Securities
Buy
Maintains
$15 → $18
BuyMaintains$15 → $18+26.32%Oct 22, 2026
J.P. Morgan
J.P. Morgan
Hold
Reiterates
$12 → $13
HoldReiterates$12 → $13-8.77%Oct 22, 2026
Barclays
Barclays
Sell
Maintains
$11 → $12
SellMaintains$11 → $12-15.79%Oct 22, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$13 → $14
HoldReiterates$13 → $14-1.75%Oct 20, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
21.43B
from 18.61B
Increased by 15.16%
Revenue Next Year
22.96B
from 21.43B
Increased by 7.15%
EPS This Year
0.08
from -2.48
EPS Next Year
1.76
from 0.08
Increased by 2,012.08%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
20.44B22.99B22.00B19.19B18.61B21.43B
Revenue Growth
281.84%12.45%-4.32%-12.78%-3.00%15.16%
Operating Income
4.24B2.18B1.00B-264.00M-1.24B493.41M
Net Income
2.99B1.34B385.00M-760.00M-1.48B40.02M
EPS
-----2.480.08
Forward PE
2.7517.1113.5881.2748.74171.01
Free Cash Flow
-----1.02B-62.00M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High21.6B
Avg21.4B
Low21.3B

Revenue Growth

Revenue Growth202620272028
High
15.8%
Avg
15.2%
Low
14.4%

EPS Forecast

EPS202620272028
High0.14
Avg0.08
Low0.05

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-