Cleveland-Cliffs Inc
NYSE:CLF

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Cleveland-Cliffs Inc
NYSE:CLF
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Price: 11.92 USD -0.5% Market Closed
Market Cap: 5.6B USD
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Wall Street
Price Targets

CLF Price Targets Summary
Cleveland-Cliffs Inc

Wall Street analysts forecast CLF stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CLF is 14.9 USD with a low forecast of 10.1 USD and a high forecast of 22.05 USD.

Lowest
Price Target
10.1 USD
15% Downside
Average
Price Target
14.9 USD
25% Upside
Highest
Price Target
22.05 USD
85% Upside

CLF Last Price Targets
Cleveland-Cliffs Inc

The latest public price target was made on Aug 27, 2024 by Martin Englert from Seaport Global , who expects CLF stock to rise by 38% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Martin Englert
Seaport Global
16.5 USD
Upside 38%
2 months ago
Aug 27, 2024
Seaport Global Securities Upgrades Cleveland-Cliffs (CLF) to Buy
StreetInsider
Matthew Key
B.Riley Financial
23 USD
Upside 93%
5 months ago
Jun 11, 2024
Cleveland-Cliffs (CLF) PT Lowered to $23 at B.Riley
StreetInsider
Gordon Johnson
GLJ Research
10.13 USD
Downside 15%
5 months ago
Jun 6, 2024
GLJ Research Double Downgrades Cleveland-Cliffs (CLF) to Sell
StreetInsider
Christopher LaFemina
Jefferies
22 USD
Upside 85%
5 months ago
May 20, 2024
Jefferies Starts Cleveland-Cliffs (CLF) at Buy
StreetInsider
Gordon Johnson
GLJ Research
27.2 USD
Upside 128%
7 months ago
Mar 28, 2024
GLJ Research Upgrades Cleveland-Cliffs (CLF) to Buy
StreetInsider
Curt Woodworth
Credit Suisse
25 USD
Upside 110%
1 year ago
Sep 15, 2023
Wall Street's Most Accurate Analysts Reshuffled Their Best Materials Picks, Here They Are
Benzinga
Carlos De Alba
Morgan Stanley
19 USD
Upside 59%
1 year ago
Sep 15, 2023
Wall Street's Most Accurate Analysts Reshuffled Their Best Materials Picks, Here They Are
Benzinga
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Martin Englert
Seaport Global
Price Target 16.5 USD
Upside/Downside 38%
View Source
Matthew Key
B.Riley Financial
Price Target 23 USD
Upside/Downside 93%
View Source
Gordon Johnson
GLJ Research
Price Target 10.13 USD
Upside/Downside 15%
View Source
Christopher LaFemina
Jefferies
Price Target 22 USD
Upside/Downside 85%
View Source
Gordon Johnson
GLJ Research
Price Target 27.2 USD
Upside/Downside 128%
View Source
Curt Woodworth
Credit Suisse
Price Target 25 USD
Upside/Downside 110%
View Source
Carlos De Alba
Morgan Stanley
Price Target 19 USD
Upside/Downside 59%
View Source
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Cleveland-Cliffs Inc Competitors:
Price Targets
CIA
Champion Iron Ltd
39% Upside
PENIND
Pennar Industries Ltd
32% Upside
5463
Maruichi Steel Tube Ltd
32% Upside
ECOR
Ecora Resources PLC
119% Upside
AEROFLEX
Aeroflex Industries Ltd
33% Upside

Revenue
Forecast

Revenue Estimate
Cleveland-Cliffs Inc

For the last 8 years the compound annual growth rate for Cleveland-Cliffs Inc's revenue is 35%. The projected CAGR for the next 3 years is -2%.

35%
Past Growth
-2%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
Cleveland-Cliffs Inc

For the last 8 years the compound annual growth rate for Cleveland-Cliffs Inc's operating income is 23%. The projected CAGR for the next 3 years is 13%.

23%
Past Growth
13%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Cleveland-Cliffs Inc

The compound annual growth rate of Cleveland-Cliffs Inc's net income for the next 3 years is 13%.

N/A
Past Growth
13%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CLF's stock price target?
Price Target
14.9 USD

According to Wall Street analysts, the average 1-year price target for CLF is 14.9 USD with a low forecast of 10.1 USD and a high forecast of 22.05 USD.

What is Cleveland-Cliffs Inc's Revenue forecast?
Projected CAGR
-2%

For the last 8 years the compound annual growth rate for Cleveland-Cliffs Inc's revenue is 35%. The projected CAGR for the next 3 years is -2%.

What is Cleveland-Cliffs Inc's Operating Income forecast?
Projected CAGR
13%

For the last 8 years the compound annual growth rate for Cleveland-Cliffs Inc's operating income is 23%. The projected CAGR for the next 3 years is 13%.

What is Cleveland-Cliffs Inc's Net Income forecast?
Projected CAGR
13%

The compound annual growth rate of Cleveland-Cliffs Inc's net income for the next 3 years is 13%.

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