CLFBasic Materials · SteelThe 13 Wall Street analysts covering Cleveland-Cliffs, Inc. hold a median 12-month price target of $14 — -1.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 58 of 100 as at 23 Oct 2026 — in the upper half.
Consensus tells you what everyone already believes. The model scores Cleveland-Cliffs, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Growth (97): Sales and profits are climbing, and climbing faster than before.
Volatility (18): The share price moves around a lot.
Size (17): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on CLF, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits −1.1% from it.
Of the 20 most recent actions, 11 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 22 Oct 2026 | B. Riley Securities | Maintains | Buy | $15 → $18 |
| 22 Oct 2026 | Barclays | Maintains | Underweight | $11 → $12 |
| 22 Oct 2026 | JP Morgan | Maintains | Neutral | $12 → $13 |
| 20 Oct 2026 | Morgan Stanley | Maintains | Equal-Weight | $13 → $14 |
| 20 Oct 2026 | Wells Fargo | Maintains | Overweight | $14 → $17 |
| 19 Oct 2026 | Barclays | Maintains | Underweight | $10 → $11 |
| 9 Oct 2026 | JP Morgan | Maintains | Neutral | $13 → $12 |
| 9 Oct 2026 | JP Morgan | Maintains | Neutral | — |
| 6 Oct 2026 | Wells Fargo | Upgrade | Overweight | $12 → $14 |
| 6 Oct 2026 | Wells Fargo | Upgrade | Overweight | — |
| 21 Sept 2026 | GLJ Research | Maintains | Buy | $16 → $17 |
| 21 Sept 2026 | GLJ Research | Maintains | Buy | — |
| 18 Sept 2026 | GLJ Research | Reiterates | Buy | — |
| 18 Sept 2026 | GLJ Research | Reiterates | Buy | $16 |
| 9 Sept 2026 | JP Morgan | Maintains | Neutral | — |
| 9 Sept 2026 | JP Morgan | Maintains | Neutral | $11 → $13 |
| 24 Aug 2026 | Wells Fargo | Maintains | Equal-Weight | $11 → $12 |
| 24 Aug 2026 | Wells Fargo | Maintains | Equal-Weight | — |
| 24 July 2026 | Barclays | Maintains | Underweight | — |
| 24 July 2026 | Barclays | Maintains | Underweight | $9.00 → $10 |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
CLF appears in the Radar on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 23 Oct 2026, Cleveland-Cliffs, Inc. returned +6.4% against +14.3% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 5% of US stocks
Cheaper than 85% of US stocks
Cheaper than 56% of US stocks
Cheaper than 22% of US stocks
Higher than 67% of US stocks
Higher than 43% of US stocks
Higher than 5% of US stocks
Higher than 58% of US stocks
Higher than 27% of US stocks
Higher than 38% of US stocks
Higher than 43% of US stocks
Higher than 69% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Cleveland-Cliffs, Inc. has a market value of $7.9B and an enterprise value of $15.8B.
Revenue in the twelve months to 30 June 2026: $19.2B. The latest quarter grew 18.5% year on year.
Net income over the same four quarters: −$832.0M, a −4.3% net margin.
Diluted earnings per share, trailing twelve months: $−1.62.
Free cash flow in the twelve months to 30 June 2026: −$857.0M, after $606.0M of capital spending.
Trailing P/E: 147.4×; forward P/E: 9.5× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.86%, paying out 0% of earnings.
Cleveland-Cliffs, Inc. employs 25,000 people — $768K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Cleveland-Cliffs, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Cleveland-Cliffs shares rose 7%, leading a rally among U.S. steelmakers, while the fund tracking the global steel industry slipped. Steel Dynamics climbed 3%, and Nucor edged higher; the excerpt lists CLF at $14.
Why it matters — The report highlights CLF’s outsized gain compared with other steelmakers and the broader steel fund.
Canada gave Cleveland-Cliffs 15 days to reverse planned job cuts at an Ontario steel mill or face sanctions, which could include forced divestiture of the plant.
Why it matters — The deadline and potential sanctions place the company’s planned Ontario mill job cuts under direct government pressure.
Cleveland-Cliffs shares have started gaining, and the excerpt says solid earnings estimate revisions may support further near-term movement higher.
Why it matters — CLF watchers may note the upward revisions to earnings estimates as a factor highlighted in the item.
Following Q3 earnings reports from Steel Dynamics and Cleveland-Cliffs, the companies’ results highlight how higher domestic steel prices are competing with elevated financing costs, inflation, and uneven demand.
Why it matters — The factors described frame the operating conditions facing Cleveland-Cliffs and provide context for interpreting its Q3 report.
A Zacks Investment Research item says Cleveland-Cliffs' Q3 revenue and EPS for the quarter ended September 2026 provide a view of performance, while highlighting comparisons of key metrics with Wall Street estimates and year-ago figures.
Why it matters — Those comparisons offer CLF watchers additional context for assessing the company's quarterly results.
The 13 Wall Street analysts covering Cleveland-Cliffs, Inc. have a median 12-month price target of $14, with estimates ranging from $12 to $18. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 13 analysts covering Cleveland-Cliffs, Inc., 2 rate it a Buy, 10 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Cleveland-Cliffs, Inc. 58 out of 100 across roughly 4,600 US stocks as at 23 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 23 Oct 2026, Cleveland-Cliffs, Inc. ranks 58 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (97 of 100).
No one can know that. What the data says: the median 12-month target from 13 analysts implies -1.1% from the last close, and Ticker Nerd's factor model ranks Cleveland-Cliffs, Inc. 58 out of 100 as at 23 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Cleveland-Cliffs, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CLF are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $12 to $18 over the next 12 months.
Cleveland-Cliffs, Inc. returned +6.4% over the 12 months to 23 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Cleveland-Cliffs Inc. is an integrated steel and mining company serving industrial markets primarily across North America.
The most recent item we track (24/7 Wall Street, 23 Oct 2026): "Cleveland-Cliffs Surges 7% While Steel Fund Slips; Steel Dynamics Climbs 3%, Nucor Edges Higher". Cleveland-Cliffs shares rose 7%, leading a rally among U.S. steelmakers, while the fund tracking the global steel industry slipped. Steel Dynamics climbed 3%, and Nucor edged higher; the excerpt lists CLF at $14.
Cleveland-Cliffs Inc. is an integrated steel and mining company serving industrial markets primarily across North America. Its operations span iron ore mining, iron ore pellet production, direct reduced iron, ferrous scrap processing, and primary steelmaking, supporting control over key stages of the steel supply chain. The company produces value-added flat-rolled steel, including automotive-grade materials, galvanized and coated products, tinplate, electrical steel, and other specialty grades. Its downstream capabilities include finishing, stamping, tooling, tubing, and related components used in vehicle manufacturing, construction, appliances, infrastructure, energy, and general industrial applications. Cleveland-Cliffs Inc. supplies automakers and other manufacturers through a combination of steel production, processing, and engineered solutions tailored to demanding specifications. Its vertically integrated structure connects raw-material sourcing with advanced steel production and fabrication, giving it a significant role in the North American materials market and in supplying essential inputs for transportation, manufacturing, and construction industries.
CEO Mr. C. Lourenco Goncalves · 25,000 employees · United States · https://www.clevelandcliffs.com
