Cleveland-Cliffs (CLF) analyst forecast and price target
Analyst forecast
Consensus of 16 analyst ratings
Based on 4 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| JP Morgan | Maintained | Neutral | $12.00 from $13.00 | Oct 9, 2026 |
| Wells Fargo | Upgraded | Equal-Weight → Overweight | $14.00 from $12.00 | Oct 6, 2026 |
| GLJ Research | Maintained | Buy | $17.48 from $15.60 | Sep 21, 2026 |
| GLJ Research | Maintained | Buy | $15.60 | Sep 18, 2026 |
| JP Morgan | Maintained | Neutral | $13.00 from $11.00 | Sep 9, 2026 |
| Wells Fargo | Maintained | Equal-Weight | $12.00 from $11.00 | Aug 24, 2026 |
| Wells Fargo | Maintained | Equal-Weight | $11.00 from $9.00 | Jul 24, 2026 |
| Barclays | Maintained | Underweight | $10.00 from $9.00 | Jul 24, 2026 |
| GLJ Research | Upgraded | Neutral → Buy | $15.60 from $15.01 | Jul 24, 2026 |
| JP Morgan | Maintained | Neutral | $10.00 from $13.00 | Jul 15, 2026 |
| Wells Fargo | Maintained | Equal-Weight | $9.00 from $14.00 | Jul 9, 2026 |
| B of A Securities | Maintained | Neutral | $11.50 from $14.00 | Jul 9, 2026 |
| Citigroup | Maintained | Neutral | $10.00 from $11.00 | Jul 7, 2026 |
| Morgan Stanley | Downgraded | Overweight → Equal-Weight | $12.50 from $12.00 | Jun 22, 2026 |
| JP Morgan | Maintained | Neutral | $13.00 from $9.00 | Jun 10, 2026 |
| GLJ Research | Upgraded | Sell → Hold | $15.01 from $9.03 | Jun 9, 2026 |
| Wells Fargo | Maintained | Equal-Weight | $14.00 from $9.00 | Jun 4, 2026 |
| Barclays | Initiated Coverage | Underweight | $9.00 | May 22, 2026 |
| Morgan Stanley | Maintained | Overweight | $12.00 from $16.80 | Apr 21, 2026 |
| JP Morgan | Maintained | Neutral | $10.00 from $13.00 | Apr 14, 2026 |
Frequently asked questions
What is the price target for CLF stock?
The average 12-month analyst price target for Cleveland-Cliffs (CLF) is $13.37, with a high estimate of $17.48 and a low of $10.00, across 4 analysts.
Is CLF a buy, sell, or hold?
Analysts covering Cleveland-Cliffs currently average a Hold rating: 4 buy, 10 hold and 2 sell, from 16 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for CLF?
The average price target of $13.37 implies 10.04% upside from the last price of $12.15.
What is the latest analyst rating on CLF?
On Oct 9, 2026, JP Morgan maintained Cleveland-Cliffs at Neutral with a price target of $12.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.