
Cleveland-Cliffs (CLF) Stock Forecast & Price Target
Cleveland-Cliffs (CLF) Analyst Ratings
Bulls say
Cleveland-Cliffs Inc. is experiencing a significant increase in its 2026 earnings per share (EPS) outlook, rising to $0.42 from a previous estimate of $0.06, due to a favorable steel volume baseline expected to materialize in the second quarter of 2025, along with enhanced cost reduction and operational efficiency initiatives. The company is also benefiting from improved cost performance and anticipated market share growth within its higher-margin automotive sector, especially in light of S-232 tariffs and the trend towards onshoring. Additionally, there are indications of stronger upside potential for pricing on hot-rolled coil (HRC) products in both the U.S. and Canadian markets, further supporting a positive financial outlook.
Bears say
Cleveland-Cliffs Inc faces significant risks that could adversely affect its financial performance, including global deflation and the challenge of servicing debt maturities. The company also contends with potential production curbs from customers and persistent global overcapacity of steel and its raw materials, which may pressure pricing and profitability. Furthermore, fluctuations in North American automotive demand pose a critical concern for Cleveland-Cliffs, as automotive sales are a major source of revenue for the company.
This aggregate rating is based on analysts' research of Cleveland-Cliffs and is not a guaranteed prediction by Public.com or investment advice.
Cleveland-Cliffs (CLF) Analyst Forecast & Price Prediction
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