Companies /Basic Materials

Cleveland-Cliffs Inc

NYSE: CLF Steel
$12.06
▼ $0.20 (−1.59%) today
Markets closed · 4:27pm ET
24/7 Rating HOLD
12-Month Price Target
$12.62 +4.9% upside

Set by 24/7 Wall St.’s proprietary analysis of professional targets, profit trajectory, sector, risk, and retail attention. How we calculate our price targets →

Current close $12.03
Street consensus $12.40
Ours vs. the Street +1.8%
$10.92Conservative$12.03Current$12.62Our Target$14.35Optimistic
12-Month Projection Historical Optimistic Target Conservative
$10$12$14Oct 2025Oct 2027Today$14.35$12.62$10.92
$10$12$14Oct 2025Oct 2027Today$14.35$12.62$10.92

Analyst Sentiment

13ANALYSTS
Buy18%
Hold1185%
Sell18%
The Bottom Line

Cleveland-Cliffs is fairly valued at current levels. With our price target of $12.62 suggesting modest upside, the stock appears to be trading near fair value. Consider your portfolio allocation and investment timeline before making a decision.

The 24/7 Factor

Base Growth
Conservative growth baseline (reduced to avoid double-counting P/E growth)
1.05×
Sector Momentum
Commodity-linked, cyclical
1.02×
Earnings Growth
Significant earnings decline
−3.0%
Volatility Adjustment
Higher volatility stock
−2.2%
Read our full methodology →

5-Year Projection

Long-Term Forecast Optimistic Target Conservative
$12$15$18’26’27’28’29’30’31$19.15$15.32$11.57
$12$15$18’26’27’28’29’30’31$19.15$15.32$11.57

Prediction History

CLF Price Target History Our Target Stock Price
$10.00$11.00$12.00Jul 9Oct 2$12.62$11.32
$10.00$11.00$12.00Jul 9Oct 2$12.62$11.32
$10$12$14May 28Oct 2$12.62$11.32
$10$12$14May 28Oct 2$12.62$11.32
Date Price Target Stock Price Rating Upside
$12.62 $11.32 BUY +11.5%
$12.52 $12.19 HOLD +2.7%
$12.52 $12.50 HOLD +0.2%
$12.42 $12.06 HOLD +3.0%
$12.11 $12.50 HOLD −3.1%
$12.11 $11.62 HOLD +4.3%
$12.01 $11.27 BUY +6.6%
$12.01 $11.90 HOLD +0.9%
Date Price Target Stock Price Rating Upside
$12.62 $11.32 BUY +11.5%
$12.52 $12.19 HOLD +2.7%
$12.11 $11.62 HOLD +4.3%
$11.90 $11.75 HOLD +1.3%
$12.18 $10.18 BUY +19.8%
$10.76 $13.85 SELL −22.3%

Frequently Asked Questions

What is the CLF stock price prediction for 2030?

Looking ahead to 2030, our model projects CLF could trade at an average price of $14.60, with a potential range between $10.95 and $18.25. This represents a potential 21.3% return from today’s price. Long-term forecasts depend heavily on company execution, competitive dynamics, and broader market conditions.

Is CLF a buy, sell, or hold right now?

24/7 Wall St. currently rates CLF as a HOLD. Near fair value (4.9%) Among Wall Street analysts, 1 rate it Buy, 11 rate it Hold, and 1 rate it Sell.

What is the CLF stock price target in an optimistic scenario?

In our optimistic scenario for CLF, the stock could reach $14.35 over the next 12 months, representing a 19.3% gain from today’s price. This scenario assumes favorable conditions materialize, including strong earnings growth, positive market sentiment, and successful execution of company initiatives.

What is the downside risk for CLF stock?

Our conservative scenario for CLF projects a price of $10.92 over the next 12 months (-9.2% from current levels), suggesting relatively limited downside if headwinds materialize. No forecast is a guarantee. Position sizing and time horizon still matter.

Projections are estimates based on current data, updated daily. Not investment advice. Learn how we calculate these projections →