Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
12.98
+0.79 (6.48%)
At close: Oct 9, 2026, 4:00 PM EDT
12.98
0.00 (0.00%)
Pre-market: Oct 12, 2026, 5:56 AM 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 $12.6. The average 1-year stock price forecast is 2.93% lower than the current stock price, while the lowest is $10 (-22.96%) and the highest is $15 (+15.56%).
Price Target: $12.6 (-2.93%)
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 9 | 10 | 11 | 11 | 11 | 10 |
| Sell | 2 | 2 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | -7.55% | Oct 9, 2026 |
| GLJ Research | GLJ Research | Buy Upgrades $12 → $14 | Buy | Upgrades | $12 → $14 | +7.86% | Oct 7, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $12 | Hold | Maintains | $12 | -7.55% | Oct 6, 2026 |
| Wells Fargo | Wells Fargo | Buy Upgrades $12 → $14 | Buy | Upgrades | $12 → $14 | +7.86% | Oct 6, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $13 | Hold | Maintains | $13 | -3.70% | Sep 25, 2026 |
Financial Forecast
Revenue This Year
21.58B
from 18.61B
Increased by 15.97%
Revenue Next Year
22.48B
from 21.58B
Increased by 4.15%
EPS This Year
-0.17
from -2.48
EPS Next Year
0.96
from -0.17
EPS and Forward PE are based on non-GAAP adjusted numbers.