NYSE: CLF
Cleveland Cliffs Inc Stock Forecast, Predictions & Price Target

Analyst price target for CLF

Based on 8 analysts offering 12 month price targets for Cleveland Cliffs Inc

Min Forecast
$9.00+8.3%
Avg Forecast
$13.12+57.82%
Max Forecast
$17.00+104.57%

Should I buy or sell CLF stock?

Based on 8 analysts offering ratings for Cleveland Cliffs Inc.

Buy
Strong Buy
3 analysts 37.5%
Buy
0 analysts 0%
Hold
4 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%
Although CLF's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates CLF as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

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CLF stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-03-19
lockedlocked$00.00+00.00%2026-03-16
lockedlocked$00.00+00.00%2026-02-10
lockedlocked$00.00+00.00%2026-01-09
lockedlocked$00.00+00.00%2025-11-10
Goldman Sachs
Top 46%
55
Strong BuyMaintains$16.00+92.54%2025-10-31
Bank of America
Top 23%
78
HoldMaintains$14.50+74.49%2025-10-21
JP Morgan
Top 30%
71
HoldMaintains$13.00+56.44%2025-10-13

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Forecast return on equity

Is CLF forecast to generate an efficient return?

Company
5.27%
Industry
17.27%
Market
162.53%
CLF's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CLF forecast to generate an efficient return on assets?

Company
1.61%
Industry
9.92%
CLF is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CLF earnings per share forecast

What is CLF's earnings per share in the next 3 years based on estimates from 15 analysts?

Avg 1 year Forecast
-$0.56
Avg 2 year Forecast
$0.41
Avg 3 year Forecast
$0.57

CLF revenue forecast

What is CLF's revenue in the next 3 years based on estimates from 15 analysts?

Avg 1 year Forecast
$20.2B+8.43%
Avg 2 year Forecast
$20.7B+11.39%
Avg 3 year Forecast
$20.6B+10.56%
CLF's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CLF revenue growth forecast

How is CLF forecast to perform vs Steel companies and vs the US market?

Company
5.06%
Industry
7.97%
Market
15.14%
CLF's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CLF's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CLF vs Steel Stocks

TickerPricePrice TargetUp/downsideConsensus
CLF$8.31$13.12+57.82%Buy
SIM$30.80N/AN/A
GGB$3.44$4.60+33.72%Strong Buy
CMC$63.81$80.33+25.89%Strong Buy
WS$33.93$47.00+38.52%Strong Buy

Cleveland Cliffs Stock Forecast FAQ

Is Cleveland Cliffs Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: CLF) stock is to Buy CLF stock.

Out of 8 analysts, 3 (37.5%) are recommending CLF as a Strong Buy, 0 (0%) are recommending CLF as a Buy, 4 (50%) are recommending CLF as a Hold, 0 (0%) are recommending CLF as a Sell, and 1 (12.5%) are recommending CLF as a Strong Sell.

If you're new to stock investing, here's how to buy Cleveland Cliffs stock.

What is CLF's earnings growth forecast for 2026-2028?

(NYSE: CLF) Cleveland Cliffs's forecast annual earnings growth rate of N/A is not forecast to beat the US Steel industry's average forecast earnings growth rate of 29.73%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 74.78%.

Cleveland Cliffs's earnings in 2026 is -$1,478,000,000.On average, 15 Wall Street analysts forecast CLF's earnings for 2026 to be -$320,388,343, with the lowest CLF earnings forecast at -$771,396,111, and the highest CLF earnings forecast at -$59,891,002. On average, 12 Wall Street analysts forecast CLF's earnings for 2027 to be $234,487,534, with the lowest CLF earnings forecast at -$391,287,882, and the highest CLF earnings forecast at $574,953,623.

In 2028, CLF is forecast to generate $322,612,866 in earnings, with the lowest earnings forecast at $27,949,134 and the highest earnings forecast at $604,899,124.

What is CLF's revenue growth forecast for 2026-2028?

(NYSE: CLF) Cleveland Cliffs's forecast annual revenue growth rate of 5.06% is not forecast to beat the US Steel industry's average forecast revenue growth rate of 7.97%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 15.14%.

Cleveland Cliffs's revenue in 2026 is $18,610,000,000.On average, 15 Wall Street analysts forecast CLF's revenue for 2026 to be $11,509,339,488,822, with the lowest CLF revenue forecast at $10,422,175,197,728, and the highest CLF revenue forecast at $12,695,181,336,243. On average, 13 Wall Street analysts forecast CLF's revenue for 2027 to be $11,823,624,653,771, with the lowest CLF revenue forecast at $10,204,286,027,110, and the highest CLF revenue forecast at $13,388,776,183,027.

In 2028, CLF is forecast to generate $11,736,354,907,424 in revenue, with the lowest revenue forecast at $10,277,296,010,982 and the highest revenue forecast at $13,798,886,951,808.

What is CLF's forecast return on assets (ROA) for 2026-2028?

(NYSE: CLF) forecast ROA is 1.61%, which is lower than the forecast US Steel industry average of 9.92%.

What is CLF's Price Target?

According to 8 Wall Street analysts that have issued a 1 year CLF price target, the average CLF price target is $13.12, with the highest CLF stock price forecast at $17.00 and the lowest CLF stock price forecast at $9.00.

On average, Wall Street analysts predict that Cleveland Cliffs's share price could reach $13.12 by Mar 19, 2027. The average Cleveland Cliffs stock price prediction forecasts a potential upside of 57.82% from the current CLF share price of $8.31.

What is CLF's Earnings Per Share (EPS) forecast for 2026-2028?

(NYSE: CLF) Cleveland Cliffs's current Earnings Per Share (EPS) is -$2.91. On average, analysts forecast that CLF's EPS will be -$0.56 for 2026, with the lowest EPS forecast at -$1.35, and the highest EPS forecast at -$0.11. On average, analysts forecast that CLF's EPS will be $0.41 for 2027, with the lowest EPS forecast at -$0.69, and the highest EPS forecast at $1.01. In 2028, CLF's EPS is forecast to hit $0.57 (min: $0.05, max: $1.06).

What is CLF's forecast return on equity (ROE) for 2026-2028?

(NYSE: CLF) forecast ROE is 5.27%, which is considered weak.
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