Cleveland-Cliffs Inc. (CLF) Stock Forecast
Data as of Aug 1, 2026Basic Materials · Current price $11.38 (-2.15%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Feb 9, 2026 | Mike Harris | Goldman Sachs | $15.00 | +31.8% |
| Jan 13, 2026 | Gordon Johnson | GLJ Research | $9.52 | -16.4% |
| Feb 3, 2025 | Carlos De Alba | Morgan Stanley | $11.00 | -3.4% |
| Aug 27, 2024 | Martin Englert | Seaport Global | $16.50 | +44.9% |
| Jun 11, 2024 | Matthew Key | B.Riley Financial | $23.00 | +102.0% |
| Jun 6, 2024 | Gordon Johnson | GLJ Research | $10.13 | -11.0% |
| May 20, 2024 | Christopher LaFemina | Jefferies | $22.00 | +93.2% |
| Mar 28, 2024 | Gordon Johnson | GLJ Research | $27.20 | +138.9% |
| Sep 15, 2023 | Curt Woodworth | Credit Suisse | $25.00 | +119.6% |
| Sep 15, 2023 | Carlos De Alba | Morgan Stanley | $19.00 | +66.9% |
| Jul 27, 2022 | Gordon Johnson | GLJ Research | $13.44 | +18.1% |
| Jul 12, 2022 | Emily Chieng | Goldman Sachs | $24.00 | +110.8% |
| Apr 25, 2022 | Curt Woodworth | Credit Suisse | $37.00 | +225.0% |
| Apr 19, 2021 | Seth Rosenfeld | BNP Paribas | $19.20 | +68.6% |
Top Analysts Covering CLF
CLF vs Sector & Market
| Metric | CLF | Basic Materials Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 3.18 | 2.35 | 2.42 |
| Analyst Count | 17 | 7 | 19 |
| Target Upside | -4.3% | +119.2% | +18.0% |
| P/E Ratio | -4.76 | -10.63 | 43.33 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $19.11B | $20.50B | $21.29B | 9 |
| 2027-12-31 | $19.24B | $21.00B | $21.97B | 8 |
| 2028-03-31 | $5.21B | $5.52B | $5.78B | 1 |
| 2028-06-30 | $5.54B | $5.88B | $6.15B | 1 |
| 2028-09-30 | $5.34B | $5.66B | $5.92B | 1 |
| 2028-12-31 | $4.91B | $5.20B | $5.45B | 1 |
| 2029-03-31 | $5.24B | $5.55B | $5.81B | 2 |
| 2029-06-30 | $5.33B | $5.65B | $5.92B | 1 |
| 2029-09-30 | $5.25B | $5.56B | $5.82B | 1 |
| 2029-12-31 | $5.16B | $5.47B | $5.72B | 2 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $-0.72 | $-0.44 | $-0.26 | 7 |
| 2027-12-31 | $0.30 | $0.43 | $0.72 | 6 |
| 2028-03-31 | $0.21 | $0.22 | $0.24 | 3 |
| 2028-06-30 | $0.29 | $0.31 | $0.33 | 2 |
| 2028-09-30 | $0.33 | $0.35 | $0.37 | 2 |
| 2028-12-31 | $0.23 | $0.25 | $0.27 | 3 |
| 2029-03-31 | $0.35 | $0.38 | $0.41 | 2 |
| 2029-06-30 | $0.39 | $0.42 | $0.45 | 1 |
| 2029-09-30 | $0.41 | $0.45 | $0.47 | 1 |
| 2029-12-31 | $0.39 | $0.42 | $0.45 | 2 |
Frequently Asked Questions
What is the analyst consensus for CLF?
The consensus among 17 analysts covering Cleveland-Cliffs Inc. (CLF) is Hold with an average price target of $11.42.
What is the highest price target for CLF?
The highest price target for CLF is $37.00, set by Curt Woodworth at Credit Suisse on 2022-04-25.
What is the lowest price target for CLF?
The lowest price target for CLF is $9.52, set by Gordon Johnson at GLJ Research on 2026-01-13.
How many analysts cover CLF?
17 analysts have issued ratings for Cleveland-Cliffs Inc. in the past 12 months.
Is CLF a buy or sell right now?
Based on 17 analyst ratings, CLF has a consensus rating of Hold (3.18/5) with a -4.3% upside to the consensus target of $11.42.
What are the earnings estimates for CLF?
Analysts estimate CLF will report EPS of $-0.44 for the period ending 2026-12-31, with revenue estimated at $20.50B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.