Cleveland-Cliffs Inc Analyst Ratings

CLFNYSE
$11.23
0.534.95%
At close: May 22, 5:00 PM EST
$11.16
-0.07-0.62%
After Hours: May 22, 7:59 PM EST
Consensus Rating1
Buy
Highest Price Target1
$25.00
Lowest Price Target1
$3.91
Consensus Price Target1
$12.96

Cleveland-Cliffs Analyst Ratings and Price Targets | NYSE:CLF | Benzinga

Cleveland-Cliffs Inc has a consensus price target of $12.96 based on the ratings of 19 analysts. The high is $25 issued by Credit Suisse on July 26, 2023. The low is $3.91 issued by GLJ Research on May 28, 2025. The 3 most-recent analyst ratings were released by Barclays, Morgan Stanley, and JP Morgan on May 22, 2026, April 21, 2026, and April 14, 2026, respectively. With an average price target of $10.33 between Barclays, Morgan Stanley, and JP Morgan, there's an implied -7.41% downside for Cleveland-Cliffs Inc from these most-recent analyst ratings.

Analyst Trends and Forecast

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Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

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2.6
Hold
Strong Buy
Buy
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Analyst Firms Making Recommendations1

Barclays
Morgan Stanley
JP Morgan
Wells Fargo
GLJ Research

1calculated from analyst ratings

Analyst Ratings for Cleveland-Cliffs

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FAQ

Q

What is the target price for Cleveland-Cliffs (CLF) stock?

A

The latest price target for Cleveland-Cliffs (NYSE:CLF) was reported by Barclays on May 22, 2026. The analyst firm set a price target for $9.00 expecting CLF to fall to within 12 months (a possible -19.35% downside). 32 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cleveland-Cliffs (CLF)?

A

The latest analyst rating for Cleveland-Cliffs (NYSE:CLF) was provided by Barclays, and Cleveland-Cliffs initiated their underweight rating.

Q

When was the last upgrade for Cleveland-Cliffs (CLF)?

A

The last upgrade for Cleveland-Cliffs Inc happened on January 9, 2026 when Morgan Stanley raised their price target to $17. Morgan Stanley previously had an equal-weight for Cleveland-Cliffs Inc.

Q

When was the last downgrade for Cleveland-Cliffs (CLF)?

A

The last downgrade for Cleveland-Cliffs Inc happened on January 23, 2026 when Seaport Global changed their price target from N/A to N/A for Cleveland-Cliffs Inc.

Q

When is the next analyst rating going to be posted or updated for Cleveland-Cliffs (CLF)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cleveland-Cliffs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cleveland-Cliffs was filed on May 22, 2026 so you should expect the next rating to be made available sometime around May 22, 2027.

Q

Is the Analyst Rating Cleveland-Cliffs (CLF) correct?

A

While ratings are subjective and will change, the latest Cleveland-Cliffs (CLF) rating was a initiated with a price target of $0.00 to $9.00. The current price Cleveland-Cliffs (CLF) is trading at is $11.16, which is out of the analyst’s predicted range.