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CLF Stock Forecast: Cleveland-Cliffs Inc. Price Predictions for 2026

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$9.23

+0.19 (2.10%)

CLF Stock Forecast 2026-2027

$9.23
Current Price
$5.16B
Market Cap
12 Ratings
Buy 2
Hold 9
Sell 1
Wall St Analyst Ratings

Distance to CLF Price Targets

+82.0%
To High Target of $16.80
+40.8%
To Median Target of $13.00
-3.6%
To Low Target of $8.90

CLF Price Momentum

+9.9%
1 Week Change
-3.2%
1 Month Change
+26.8%
1 Year Change
-30.5%
Year-to-Date Change
-44.7%
From 52W High of $16.70
+63.9%
From 52W Low of $5.63
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Latest CLF Stock Price Targets & Analyst Predictions

Based on our analysis of 22 Wall Street analysts, CLF has a neutral consensus with a median price target of $13.00 (ranging from $8.90 to $16.80). The overall analyst rating is Buy (6.3/10). Currently trading at $9.23, the median forecast implies a 40.8% upside. This outlook is supported by 2 Buy, 9 Hold, and 1 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

2
Buy
9
Hold
1
Sell

CLF Price Target Range

Low
$8.90
Average
$13.00
High
$16.80
Current: $9.23

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
Mar 19, 2026 Wells Fargo Timna Tanners Equal-Weight Maintains $9.00
Mar 16, 2026 GLJ Research Gordon L. Johnson Sell Reiterates $9.42
Feb 10, 2026 Citigroup Alexander Hacking Neutral Maintains $13.00
Feb 10, 2026 GLJ Research Gordon L. Johnson Sell Maintains $9.42
Jan 23, 2026 Seaport Global Martin Englert Neutral Downgrade $N/A
Jan 13, 2026 GLJ Research Gordon L. Johnson Sell Maintains $9.52
Jan 9, 2026 Morgan Stanley Carlos De Alba Overweight Upgrade $17.00
Jan 7, 2026 Keybanc Philip Gibbs Sector Weight Downgrade $N/A
Nov 14, 2025 Wells Fargo Timna Tanners Equal-Weight Upgrade $12.00
Nov 11, 2025 Citigroup Alexander Hacking Neutral Maintains $11.00
Nov 10, 2025 Keybanc Philip Gibbs Overweight Maintains $13.00
Oct 31, 2025 Goldman Sachs Mike Harris Buy Maintains $16.00
Oct 27, 2025 Keybanc Philip Gibbs Overweight Maintains $15.00
Oct 21, 2025 B of A Securities Lawson Winder Neutral Maintains $14.50
Oct 21, 2025 GLJ Research Gordon L. Johnson Sell Reiterates $5.75
Oct 21, 2025 Wells Fargo Timna Tanners Underweight Downgrade $11.00
Oct 13, 2025 JP Morgan Bill Peterson Neutral Maintains $13.00
Oct 9, 2025 Goldman Sachs Mike Harris Buy Maintains $14.50
Sep 15, 2025 Wells Fargo Timna Tanners Equal-Weight Maintains $11.00
Sep 15, 2025 B of A Securities Lawson Winder Neutral Maintains $12.50

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 $5.16B with a P/E ratio of 147.4x. The company generates $18.61B in trailing twelve-month revenue with a -7.9% profit margin.

Revenue growth is -0.3% quarter-over-quarter, while maintaining an operating margin of -6.5% and return on equity of -21.6%.

Valuation Metrics

Market Cap $5.16B
Enterprise Value $12.98B
P/E Ratio 147.4x
PEG Ratio -2.8x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) -0.3%
Gross Margin -4.8%
Operating Margin -6.5%
Net Margin -7.9%
EPS Growth -0.3%

Financial Health

Cash/Price Ratio +1.1%
Current Ratio 1.9x
Debt/Equity 126.0x
ROE -21.6%
ROA -3.8%
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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

The company operates through various integrated segments including steelmaking and tubular products, generating revenue primarily from the production and sale of a diverse range of steel products and iron ore pellets. Their vertical integration from raw materials to finished products allows them to maintain control over costs and quality while serving key markets such as automotive, construction, and manufacturing.

Additional Information

Founded in 1847 and headquartered in Cleveland, Ohio, the company has a significant presence in the North American steel supply chain and operates across the U.S., Canada, and select international locations. Their focus on advanced steel solutions positions them well in the evolving industrial landscape.

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

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

The latest trading day saw Cleveland-Cliffs (CLF) settling at $8.71, representing a +2.11% change from its previous close.

Apr 07, 2026 By Zacks Equity Research Tale of the Tape

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

In the most recent trading session, Cleveland-Cliffs (CLF) closed at $8.27, indicating a -2.13% shift from the previous trading day.

Apr 01, 2026 By Zacks Equity Research Tale of the Tape

Latest News

CLF stock latest news image
Quick Summary

Cleveland-Cliffs Inc. (NYSE: CLF) will release Q1 2026 earnings on April 20, 2026, before market open, followed by a conference call at 8:30 am ET, accessible live and via replay on their website.

Why It Matters

Cleveland-Cliffs' upcoming earnings announcement and conference call on April 20, 2026, will provide critical insights into its financial performance, influencing stock valuations and investor sentiment.

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, indicating potential investor interest and possible market developments ahead.

Why It Matters

Increased attention from Zacks.com users may indicate growing interest or potential volatility in Cleveland-Cliffs (CLF), influencing trading strategies and stock performance.

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

Cleveland-Cliffs (CLF) closed at $8.27, down 2.13% from the previous trading day in the latest session.

Why It Matters

Cleveland-Cliffs' 2.13% decline signals potential volatility, impacting investor sentiment and decisions on stock performance and market positioning.

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

President Trump announced a five-day pause in U.S. strikes on Iranian energy infrastructure, leading to a significant drop in oil prices and a rise in equity futures.

Why It Matters

The pause in U.S. strikes on Iranian energy infrastructure reduces geopolitical tensions, likely stabilizing oil prices and boosting market sentiment, benefitting equities.

Source: Benzinga
Market Sentiment: Positive
CLF stock latest news image
Quick Summary

Cleveland-Cliffs (CLF) closed at $8.02, up 2.49% from the previous trading day.

Why It Matters

Cleveland-Cliffs' 2.49% increase signals positive market sentiment and potential momentum, which could influence investor decisions and stock performance.

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

Cleveland-Cliffs (CLF) closed at $7.82, down 4.4% in the latest trading session.

Why It Matters

Cleveland-Cliffs' 4.4% drop signals potential volatility and could indicate declining investor confidence, affecting future stock performance and investment strategies.

Source: Zacks Investment Research
Market Sentiment: Neutral

Frequently Asked Questions About CLF Stock

What is Cleveland-Cliffs Inc.'s (CLF) stock forecast for 2026?

Based on our analysis of 22 Wall Street analysts, Cleveland-Cliffs Inc. (CLF) has a median price target of $13.00. The highest price target is $16.80 and the lowest is $8.90.

Is CLF stock a good investment in 2026?

According to current analyst ratings, CLF has 2 Buy ratings, 9 Hold ratings, and 1 Sell ratings. The stock is currently trading at $9.23. 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 $13.00 in the next 12 months. This represents a 40.8% increase from the current price of $9.23. Please note that this is a projection by Wall Street analysts and not a guarantee.

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

The company operates through various integrated segments including steelmaking and tubular products, generating revenue primarily from the production and sale of a diverse range of steel products and iron ore pellets. Their vertical integration from raw materials to finished products allows them to maintain control over costs and quality while serving key markets such as automotive, construction, and manufacturing.

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

The highest price target for CLF is $16.80 from at , which represents a 82.0% increase from the current price of $9.23.

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

The lowest price target for CLF is $8.90 from at , which represents a -3.6% decrease from the current price of $9.23.

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

The overall analyst consensus for CLF is neutral. Out of 22 Wall Street analysts, 2 rate it as Buy, 9 as Hold, and 1 as Sell, with a median price target of $13.00.

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: April 10, 2026 2:25 AM UTC
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