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Cleveland-Cliffs Analyst Ratings and Price Targets | NYSE:CLF | Benzinga
Cleveland-Cliffs Inc has a consensus price target of $15.04 based on the ratings of 17 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 Morgan Stanley, Jefferies, and GLJ Research on June 20, 2025, May 29, 2025, and May 28, 2025, respectively. With an average price target of $5.97 between Morgan Stanley, Jefferies, and GLJ Research, there's an implied -15.86% downside for Cleveland-Cliffs Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
Jefferies
GLJ Research
Goldman Sachs
B. Riley Securities
1calculated from analyst ratings
Analyst Ratings for Cleveland-Cliffs
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/20/2025 | Buy Now | 12.76% | Morgan Stanley | Carlos De Alba72% | $7.5 → $8 | Maintains | Equal-Weight | Get Alert |
| 05/29/2025 | Buy Now | -15.43% | Jefferies | Christopher LeFemina74% | $10 → $6 | Downgrade | Buy → Hold | Get Alert |
| 05/28/2025 | Buy Now | -44.89% | GLJ Research | Gordon Johnson62% | $3.91 → $3.91 | Downgrade | Buy → Sell | Get Alert |
| 05/12/2025 | Buy Now | 58.56% | Goldman Sachs | Mike Harris28% | $13 → $11.25 | Maintains | Buy | Get Alert |
| 04/23/2025 | Buy Now | 139.61% | B. Riley Securities | Nick Giles34% | $20 → $17 | Reiterates | Buy → Buy | Get Alert |
| 03/12/2025 | Buy Now | 55.04% | Seaport Global | Martin Englert42% | $13.5 → $11 | Maintains | Buy | Get Alert |
| 03/04/2025 | Buy Now | 111.42% | Goldman Sachs | Mike Harris28% | $17 → $15 | Maintains | Buy | Get Alert |
| 02/27/2025 | Buy Now | 81.82% | GLJ Research | Gordon Johnson62% | $14.54 → $12.9 | Maintains | Buy | Get Alert |
| 02/03/2025 | Buy Now | 55.04% | Morgan Stanley | Carlos De Alba72% | $13 → $11 | Maintains | Equal-Weight | Get Alert |
| 01/07/2025 | Buy Now | 101.13% | GLJ Research | Gordon Johnson62% | → $14.27 | Upgrade | Sell → Buy | Get Alert |
| 12/19/2024 | Buy Now | 55.04% | Citigroup | Alexander Hacking66% | $12.5 → $11 | Maintains | Neutral | Get Alert |
| 12/02/2024 | Buy Now | 125.51% | Goldman Sachs | Mike Harris28% | → $16 | Initiates | → Buy | Get Alert |
| 09/18/2024 | Buy Now | 90.27% | Morgan Stanley | Carlos De Alba72% | $15 → $13.5 | Maintains | Equal-Weight | Get Alert |
| 09/17/2024 | Buy Now | 111.42% | Morgan Stanley | Carlos De Alba72% | $15 → $15 | Maintains | Equal-Weight | Get Alert |
| 09/10/2024 | Buy Now | 76.18% | Citigroup | Alexander Hacking66% | $18 → $12.5 | Maintains | Neutral | Get Alert |
| 08/27/2024 | Buy Now | 132.56% | Seaport Global | Martin Englert42% | → $16.5 | Upgrade | Neutral → Buy | Get Alert |
| 08/15/2024 | Buy Now | 111.42% | Morgan Stanley | Carlos De Alba72% | $17.5 → $15 | Maintains | Equal-Weight | Get Alert |
| 06/26/2024 | Buy Now | 153.7% | B of A Securities | Lawson Winder59% | $20 → $18 | Maintains | Neutral | Get Alert |
| 06/25/2024 | Buy Now | 224.17% | B. Riley Securities | Lucas Pipes65% | $23 → $23 | Maintains | Buy | Get Alert |
| 06/14/2024 | Buy Now | 42.78% | GLJ Research | Gordon Johnson62% | $10.13 → $10.13 | Reiterates | Sell → Sell | Get Alert |
| 06/11/2024 | Buy Now | — | Seaport Global | Martin Englert42% | — | Initiates | → Neutral | Get Alert |
| 06/11/2024 | Buy Now | 139.61% | JP Morgan | Bill Peterson48% | $23 → $17 | Downgrade | Overweight → Neutral | Get Alert |
| 06/06/2024 | Buy Now | 42.78% | GLJ Research | Gordon Johnson62% | → $10.13 | Downgrade | Buy → Sell | Get Alert |
| 05/20/2024 | Buy Now | 210.08% | Jefferies | Christopher LeFemina74% | → $22 | Initiates | → Buy | Get Alert |
| 04/30/2024 | Buy Now | 167.79% | Morgan Stanley | Carlos De Alba72% | $20 → $19 | Maintains | Equal-Weight | Get Alert |
| 04/30/2024 | Buy Now | 238.27% | B. Riley Securities | Lucas Pipes65% | $25 → $24 | Maintains | Buy | Get Alert |
| 04/24/2024 | Buy Now | 224.17% | JP Morgan | Bill Peterson48% | $24 → $23 | Maintains | Overweight | Get Alert |
| 04/09/2024 | Buy Now | — | Wolfe Research | Timna Tanners67% | — | Downgrade | Peer Perform → Underperform | Get Alert |
| 03/28/2024 | Buy Now | 283.37% | GLJ Research | Gordon Johnson62% | → $27.2 | Upgrade | Sell → Buy | Get Alert |
| 03/26/2024 | Buy Now | 181.89% | Morgan Stanley | Carlos De Alba72% | $20 → $20 | Maintains | Equal-Weight | Get Alert |
| 03/13/2024 | Buy Now | 210.08% | Citigroup | Alexander Hacking66% | → $22 | Downgrade | Buy → Neutral | Get Alert |
| 02/28/2024 | Buy Now | 132.56% | Exane BNP Paribas | Seth Rosenfeld67% | → $16.5 | Downgrade | Neutral → Underperform | Get Alert |
| 02/15/2024 | Buy Now | 181.89% | Morgan Stanley | Carlos De Alba72% | $21.5 → $20 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 02/08/2024 | Buy Now | — | Argus Research | David Coleman61% | — | Downgrade | Buy → Hold | Get Alert |
| 12/05/2023 | Buy Now | 61.38% | GLJ Research | Gordon Johnson62% | $13.44 → $11.45 | Maintains | Sell | Get Alert |
| 10/31/2023 | Buy Now | 203.03% | Morgan Stanley | Carlos De Alba72% | $19 → $21.5 | Maintains | Overweight | Get Alert |
| 09/27/2023 | Buy Now | 252.36% | B. Riley Securities | Lucas Pipes65% | $26 → $25 | Maintains | Buy | Get Alert |
| 09/26/2023 | Buy Now | 210.08% | Citigroup | Alexander Hacking66% | $22 → $22 | Upgrade | Neutral → Buy | Get Alert |
| 09/25/2023 | Buy Now | 210.08% | Citigroup | Alexander Hacking66% | → $22 | Upgrade | Neutral → Buy | Get Alert |
| 08/01/2023 | Buy Now | 266.46% | B. Riley Securities | Lucas Pipes65% | $27 → $26 | Maintains | Buy | Get Alert |
| 07/27/2023 | Buy Now | 167.79% | Morgan Stanley | Carlos De Alba72% | $19 → $19 | Reiterates | Overweight → Overweight | Get Alert |
| 07/26/2023 | Buy Now | 252.36% | Credit Suisse | Curt Woodworth66% | → $25 | Reiterates | Outperform → Outperform | Get Alert |
| 06/21/2023 | Buy Now | 167.79% | Morgan Stanley | Carlos De Alba72% | → $19 | Reiterates | Overweight → Overweight | Get Alert |
| 05/23/2023 | Buy Now | 153.7% | JP Morgan | Michael Glick45% | → $18 | Initiates | → Neutral | Get Alert |
| 05/22/2023 | Buy Now | 167.79% | Morgan Stanley | Carlos De Alba72% | $24 → $19 | Maintains | Overweight | Get Alert |
| 04/27/2023 | Buy Now | 238.27% | Morgan Stanley | Carlos De Alba72% | $26 → $24 | Maintains | Overweight | Get Alert |
| 03/20/2023 | Buy Now | 111.42% | Wolfe Research | Timna Tanners67% | → $15 | Upgrade | Underperform → Peer Perform | Get Alert |
| 02/15/2023 | Buy Now | 266.46% | B. Riley Securities | Lucas Pipes65% | $27 → $26 | Maintains | Buy | Get Alert |
| 02/13/2023 | Buy Now | 210.08% | Citigroup | Alexander Hacking66% | $16 → $22 | Maintains | Neutral | Get Alert |
| 01/18/2023 | Buy Now | 224.17% | Goldman Sachs | Emily Chieng65% | $18 → $23 | Maintains | Buy | Get Alert |
| 01/12/2023 | Buy Now | 266.46% | Morgan Stanley | Carlos De Alba72% | $13.6 → $26 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 01/04/2023 | Buy Now | 167.79% | B of A Securities | Lawson Winder59% | → $19 | Reinstates | → Neutral | Get Alert |
| 12/23/2022 | Buy Now | 280.55% | B. Riley Securities | Lucas Pipes65% | $26 → $27 | Maintains | Buy | Get Alert |
| 12/16/2022 | Buy Now | 139.61% | UBS | Andreas Bokkenheuser62% | → $17 | Initiates | → Neutral | Get Alert |
| 11/02/2022 | Buy Now | 69.13% | Wolfe Research | Timna Tanners67% | → $12 | Downgrade | Peer Perform → Underperform | Get Alert |
| 10/26/2022 | Buy Now | 91.68% | Morgan Stanley | Carlos De Alba72% | $14.5 → $13.6 | Maintains | Equal-Weight | Get Alert |
| 10/06/2022 | Buy Now | 167.79% | Goldman Sachs | Emily Chieng65% | $23 → $19 | Maintains | Buy | Get Alert |
| 09/28/2022 | Buy Now | 224.17% | Argus Research | David Coleman61% | $33 → $23 | Maintains | Buy | Get Alert |
| 09/27/2022 | Buy Now | 351.02% | B. Riley Securities | Lucas Pipes65% | $37 → $32 | Maintains | Buy | Get Alert |
| 09/21/2022 | Buy Now | 252.36% | Credit Suisse | Curt Woodworth66% | $30 → $25 | Maintains | Outperform | Get Alert |
| 07/27/2022 | Buy Now | 89.43% | GLJ Research | Gordon Johnson62% | → $13.44 | Downgrade | Buy → Sell | Get Alert |
| 07/26/2022 | Buy Now | 421.49% | B. Riley Securities | Lucas Pipes65% | $39 → $37 | Maintains | Buy | Get Alert |
| 07/26/2022 | Buy Now | 146.65% | Citigroup | Alexander Hacking66% | $20 → $17.5 | Maintains | Neutral | Get Alert |
| 07/25/2022 | Buy Now | 104.37% | Morgan Stanley | Carlos De Alba72% | $16 → $14.5 | Maintains | Equal-Weight | Get Alert |
| 07/21/2022 | Buy Now | 322.83% | Credit Suisse | Curt Woodworth66% | $37 → $30 | Maintains | Outperform | Get Alert |
| 07/06/2022 | Buy Now | 449.68% | B. Riley Securities | Lucas Pipes65% | $47 → $39 | Maintains | Buy | Get Alert |
| 07/06/2022 | Buy Now | 125.51% | Morgan Stanley | Carlos De Alba72% | $24 → $16 | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Cleveland-Cliffs (CLF) stock?
The latest price target for Cleveland-Cliffs (NYSE:CLF) was reported by Morgan Stanley on June 20, 2025. The analyst firm set a price target for $8.00 expecting CLF to rise to within 12 months (a possible 12.76% upside). 19 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cleveland-Cliffs (CLF)?
The latest analyst rating for Cleveland-Cliffs (NYSE:CLF) was provided by Morgan Stanley, and Cleveland-Cliffs maintained their equal-weight rating.
When was the last upgrade for Cleveland-Cliffs (CLF)?
The last upgrade for Cleveland-Cliffs Inc happened on January 7, 2025 when GLJ Research raised their price target to $14.27. GLJ Research previously had a sell for Cleveland-Cliffs Inc.
When was the last downgrade for Cleveland-Cliffs (CLF)?
The last downgrade for Cleveland-Cliffs Inc happened on May 29, 2025 when Jefferies changed their price target from $10 to $6 for Cleveland-Cliffs Inc.
When is the next analyst rating going to be posted or updated for Cleveland-Cliffs (CLF)?
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 June 20, 2025 so you should expect the next rating to be made available sometime around June 20, 2026.
Is the Analyst Rating Cleveland-Cliffs (CLF) correct?
While ratings are subjective and will change, the latest Cleveland-Cliffs (CLF) rating was a maintained with a price target of $7.50 to $8.00. The current price Cleveland-Cliffs (CLF) is trading at is $7.10, which is out of the analyst’s predicted range.
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