Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
12.29
-0.46 (-3.61%)
At close: Dec 5, 2025, 4:00 PM EST
12.30
+0.01 (0.08%)
After-hours: Dec 5, 2025, 7:59 PM EST
Cleveland-Cliffs Stock Forecast
Stock Price Forecast
According to 12 professional analysts, the 12-month price target for Cleveland-Cliffs stock ranges from a low of $3.91 to a high of $17. The average analyst price target of $11.14 forecasts a -9.36% decrease in the stock price over the next year.
Price Target: $11.14 (-9.36%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Cleveland-Cliffs stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 6 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 1 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 2 | 2 |
| Total | 9 | 9 | 9 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $11 → $12 | Sell → Hold | Upgrades | $11 → $12 | -2.36% | Nov 14, 2025 |
| Citigroup | Citigroup | Hold Maintains $12 → $11 | Hold | Maintains | $12 → $11 | -10.50% | Nov 11, 2025 |
| Keybanc | Keybanc | Buy Maintains $15 → $13 | Buy | Maintains | $15 → $13 | +5.78% | Nov 10, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $15 → $16 | Strong Buy | Maintains | $15 → $16 | +30.19% | Oct 31, 2025 |
| Keybanc | Keybanc | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +22.05% | Oct 27, 2025 |
Financial Forecast
Revenue This Year
19.31B
from 19.19B
Increased by 0.63%
Revenue Next Year
20.35B
from 19.31B
Increased by 5.42%
EPS This Year
-2.91
from -1.57
EPS Next Year
-0.06
from -2.91
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 22.0B | 23.3B | |
| Avg | 19.3B | 20.4B | |
| Low | 18.4B | 17.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 14.6% | 20.7% | |
| Avg | 0.6% | 5.4% | |
| Low | -4.3% | -9.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -2.68 | 0.42 | |
| Avg | -2.91 | -0.06 | |
| Low | -3.05 | -0.67 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.