Missedย NVDA?
Donโt 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.
Home โบ Stocks โบ Cleveland-Cliffs Inc. (CLF) Stock Forecast & Price Prediction United States | NYSE | Basic Materials | Steel
$9.23
+0.19 (2.10%)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.
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.
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 |
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. 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%.
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.
Produces flat-rolled steel and iron ore pellets.
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.
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.
Basic Materials
Steel
25,000
Mr. C. Lourenco Goncalves
United States
1987
The latest trading day saw Cleveland-Cliffs (CLF) settling at $8.71, representing a +2.11% change from its previous close.
In the most recent trading session, Cleveland-Cliffs (CLF) closed at $8.27, indicating a -2.13% shift from the previous trading day.
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.
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.
Cleveland-Cliffs (CLF) is currently attracting significant attention from Zacks.com users, indicating potential investor interest and possible market developments ahead.
Increased attention from Zacks.com users may indicate growing interest or potential volatility in Cleveland-Cliffs (CLF), influencing trading strategies and stock performance.
Cleveland-Cliffs (CLF) closed at $8.27, down 2.13% from the previous trading day in the latest session.
Cleveland-Cliffs' 2.13% decline signals potential volatility, impacting investor sentiment and decisions on stock performance and market positioning.
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.
The pause in U.S. strikes on Iranian energy infrastructure reduces geopolitical tensions, likely stabilizing oil prices and boosting market sentiment, benefitting equities.
Cleveland-Cliffs (CLF) closed at $8.02, up 2.49% from the previous trading day.
Cleveland-Cliffs' 2.49% increase signals positive market sentiment and potential momentum, which could influence investor decisions and stock performance.
Cleveland-Cliffs (CLF) closed at $7.82, down 4.4% in the latest trading session.
Cleveland-Cliffs' 4.4% drop signals potential volatility and could indicate declining investor confidence, affecting future stock performance and investment strategies.
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.
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.
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.
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.
The highest price target for CLF is $16.80 from at , which represents a 82.0% increase from the current price of $9.23.
The lowest price target for CLF is $8.90 from at , which represents a -3.6% decrease from the current price of $9.23.
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.
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.
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.