CLF Logo

CLF Stock Forecast: Cleveland-Cliffs Inc. Price Predictions for 2027

Home โ€บ Stocks โ€บ United States | NYSE | Basic Materials | Steel

$9.53

-0.32 (-3.25%)

CLF Stock Forecast 2026-2027

$9.53
Current Price
$5.62B
Market Cap
13 Ratings
Buy 1
Hold 10
Sell 2
Wall St Analyst Ratings

Distance to CLF Price Targets

+57.4%
To High Target of $15.00
+4.9%
To Median Target of $10.00
-9.8%
To Low Target of $8.60

CLF Price Momentum

+1.4%
1 Week Change
-24.8%
1 Month Change
+1.5%
1 Year Change
-28.2%
Year-to-Date Change
-42.9%
From 52W High of $16.70
+23.3%
From 52W Low of $7.73
๐Ÿ“Š TOP ANALYST CALLS

Did CLF Make This Month's Elite Buy List?

We don't follow just any analyst โ€” only the top 3% with a proven track record make our cut. See if Cleveland-Cliffs is one of their latest high-conviction picks.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Latest CLF Stock Price Targets & Analyst Predictions

Based on our analysis of 5 Wall Street analysts, CLF has a neutral consensus with a median price target of $10.00 (ranging from $8.60 to $15.00). The overall analyst rating is Buy (6.0/10). Currently trading at $9.53, the median forecast implies a 4.9% upside. This outlook is supported by 1 Buy, 10 Hold, and 2 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CLF Analyst Ratings

1
Buy
10
Hold
2
Sell

CLF Price Target Range

Low
$8.60
Average
$10.00
High
$15.00
Current: $9.53

Latest CLF Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CLF.

Date Firm Analyst Rating Change Price Target
Jul 9, 2026 B of A Securities Lawson Winder Neutral Maintains $11.50
Jul 9, 2026 Wells Fargo Timna Tanners Equal-Weight Maintains $9.00
Jul 7, 2026 Citigroup Alexander Hacking Neutral Maintains $10.00
Jun 22, 2026 Morgan Stanley Equal-Weight Downgrade $N/A
Jun 10, 2026 JP Morgan Neutral Maintains $N/A
Jun 9, 2026 GLJ Research Hold Upgrade $N/A
Jun 4, 2026 Wells Fargo Equal-Weight Maintains $N/A
May 22, 2026 Barclays Underweight Initiates $N/A
Apr 21, 2026 Morgan Stanley Overweight Maintains $N/A
Apr 14, 2026 JP Morgan Neutral Maintains $N/A
Mar 19, 2026 Wells Fargo Equal-Weight Maintains $N/A
Mar 16, 2026 GLJ Research Sell Reiterates $N/A
Feb 10, 2026 Citigroup Neutral Maintains $N/A
Feb 10, 2026 GLJ Research Sell Maintains $N/A
Jan 23, 2026 Seaport Global Neutral Downgrade $N/A
Jan 13, 2026 GLJ Research Sell Maintains $N/A
Jan 9, 2026 Morgan Stanley Overweight Upgrade $N/A
Jan 7, 2026 Keybanc Sector Weight Downgrade $N/A
Nov 14, 2025 Wells Fargo Equal-Weight Upgrade $N/A
Nov 11, 2025 Citigroup Neutral Maintains $N/A

Cleveland-Cliffs Inc. (CLF) Competitors

The following stocks are similar to Cleveland-Cliffs based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Cleveland-Cliffs Inc. (CLF) Financial Data

Cleveland-Cliffs Inc. has a market capitalization of $5.62B with a P/E ratio of 147.4x. The company generates $18.90B in trailing twelve-month revenue with a -6.4% profit margin.

Revenue growth is +6.3% quarter-over-quarter, while maintaining an operating margin of -2.9% and return on equity of -18.6%.

Valuation Metrics

Market Cap $5.62B
Enterprise Value $13.47B
P/E Ratio 147.4x
PEG Ratio -2.5x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) +6.3%
Gross Margin -1.7%
Operating Margin -2.9%
Net Margin -6.4%
EPS Growth +6.3%

Financial Health

Cash/Price Ratio +0.8%
Current Ratio 2.0x
Debt/Equity 129.3x
ROE -18.6%
ROA -2.7%
๐Ÿ’ก SKIP THE NOISE

97% of Analyst Ratings Go Nowhere

We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ€” tracked and updated every Monday and Thursday.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Cleveland-Cliffs Inc. logo

Cleveland-Cliffs Inc. (CLF) Business Model

About Cleveland-Cliffs Inc.

What They Do

Produces flat-rolled steel and iron ore pellets.

Business Model

Cleveland-Cliffs operates a vertically integrated business model that includes raw material sourcing, steelmaking, rolling, and finishing. The company generates revenue by supplying high-quality steel products and processed materials to various sectors, including automotive and manufacturing.

Additional Information

Cleveland-Cliffs also offers tubular products, stamping, and tooling, catering to a wide range of metal-intensive applications. The company plays a crucial role in the North American steel supply chain by integrating mineral inputs and ironmaking capabilities to deliver finished steel products.

Company Information

Sector

Basic Materials

Industry

Steel

Employees

25,000

CEO

Mr. C. Lourenco Goncalves

Country

United States

IPO Year

1987

Cleveland-Cliffs Inc. (CLF) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Why Cleveland-Cliffs (CLF) Dipped More Than Broader Market Today

In the latest trading session, Cleveland-Cliffs (CLF) closed at $9.53, marking a -3.25% move from the previous day.

Jul 16, 2026 By Zacks Equity Research Tale of the Tape

Cleveland-Cliffs (CLF) Upgraded to Buy: What Does It Mean for the Stock?

Cleveland-Cliffs (CLF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Jul 13, 2026 By Zacks Equity Research Tale of the Tape

Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: What You Should Know

Cleveland-Cliffs (CLF) reached $9.4 at the closing of the latest trading day, reflecting a -1.16% change compared to its last close.

Jul 09, 2026 By Zacks Equity Research Tale of the Tape

Latest News

CLF stock latest news image
Quick Summary

Cleveland-Cliffs (CLF) has received a Zacks Rank #2 (Buy) upgrade, indicating positive earnings outlook which could potentially boost the stock price in the near term.

Why It Matters

Cleveland-Cliffsโ€™ upgrade to a Zacks Rank #2 signals positive earnings outlook, potentially boosting investor confidence and driving the stock price up in the near term.

Source: Zacks Investment Research
Market Sentiment: Positive
CLF stock latest news image
Quick Summary

Broker favorites include Par Pacific, Bassett Furniture, ChargePoint, Cleveland-Cliffs, and Alaska Air, highlighting them during recent global market volatility.

Why It Matters

The mention of these broker favorites suggests potential investment opportunities, indicating resilience or growth prospects amid market volatility, which can influence investor sentiment and trading strategies.

Source: Zacks Investment Research
Market Sentiment: Positive
CLF stock latest news image
Quick Summary

Cleveland-Cliffs (CLF) closed at $9.54, down 2.35% from the previous trading session.

Why It Matters

Cleveland-Cliffs' decline to $9.54 signals potential weakness in stock performance, which could impact investor sentiment and future trading decisions.

Source: Zacks Investment Research
Market Sentiment: Negative
CLF stock latest news image
Quick Summary

Cleveland-Cliffs (CLF) closed at $9.4, down 1.16% from the previous trading day.

Why It Matters

Cleveland-Cliffs' decline to $9.4 signals potential volatility, impacting investor sentiment and decisions regarding buying or selling the stock.

Source: Zacks Investment Research
Market Sentiment: Negative
CLF stock latest news image
Quick Summary

Cleveland-Cliffs Inc. (NYSE: CLF) will release Q2 2026 earnings on July 23, 2026, before market open, followed by a conference call at 8:30 am ET. Replay available on their website.

Why It Matters

Cleveland-Cliffs' upcoming earnings announcement and conference call provide key insights into its financial performance, impacting stock valuation and investor sentiment regarding the company.

Source: Business Wire
Market Sentiment: Neutral
CLF stock latest news image
Quick Summary

Cleveland-Cliffs (CLF) is currently attracting significant attention from Zacks.com users, prompting a closer look at its stock potential.

Why It Matters

Increased interest in Cleveland-Cliffs (CLF) suggests potential volatility or opportunity, prompting analysis of its future performance and investment potential.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About CLF Stock

What is Cleveland-Cliffs Inc.'s (CLF) stock forecast for 2027?

Based on our analysis of 5 Wall Street analysts, Cleveland-Cliffs Inc. (CLF) has a median price target of $10.00. The highest price target is $15.00 and the lowest is $8.60.

Is CLF stock a good investment in 2027?

According to current analyst ratings, CLF has 1 Buy ratings, 10 Hold ratings, and 2 Sell ratings. The stock is currently trading at $9.53. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for CLF stock?

Wall Street analysts predict CLF stock could reach $10.00 in the next 12 months. This represents a 4.9% increase from the current price of $9.53. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Cleveland-Cliffs Inc.'s business model?

Cleveland-Cliffs operates a vertically integrated business model that includes raw material sourcing, steelmaking, rolling, and finishing. The company generates revenue by supplying high-quality steel products and processed materials to various sectors, including automotive and manufacturing.

What is the highest forecasted price for CLF Cleveland-Cliffs Inc.?

The highest price target for CLF is $15.00 from at , which represents a 57.4% increase from the current price of $9.53.

What is the lowest forecasted price for CLF Cleveland-Cliffs Inc.?

The lowest price target for CLF is $8.60 from at , which represents a -9.8% decrease from the current price of $9.53.

What is the overall CLF consensus from analysts for Cleveland-Cliffs Inc.?

The overall analyst consensus for CLF is neutral. Out of 5 Wall Street analysts, 1 rate it as Buy, 10 as Hold, and 2 as Sell, with a median price target of $10.00.

How accurate are CLF stock price projections?

Stock price projections, including those for Cleveland-Cliffs Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: July 17, 2026 2:19 AM UTC
Serious About Growing Your Portfolio?

We highlight 2 high-upside stocks each month – no fluff.

Missedย NVDA?
Donโ€™t Miss the Next One.

Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ€” for free.