
Cleveland-Cliffs (CLF) Stock Forecast & Price Target
Cleveland-Cliffs (CLF) Analyst Ratings
Bulls say
Cleveland-Cliffs is facing short-term pressure due to subdued demand impacting its fourth quarter results, causing its stock to underperform. Additionally, the lack of clarity on the POSCO MOU and lower-than-expected guidance for 2026 raises concerns among investors. However, the company has various tailwinds for 2026, including a positive pricing environment, improved steel fundamentals, cost-cutting initiatives, and potential benefits from agreements with partners like POSCO. While overcapacity in the global steel market remains a risk, Cleveland-Cliffs has a solid financial standing with minimal cash taxes and manageable CapEx.
Bears say
Cleveland-Cliffs is a flat-rolled steel producer and manufacturer of iron ore pellets in North America, serving a diverse range of markets. Despite improved market conditions and management efforts, the stock faces multiple headwinds, including a price war for secured volumes, potential pressure from a pending POSCO partnership, and risks from long-term secular shifts and changing trade policies. In the short term, the company's pivot towards higher auto volumes and a shift away from contractual slabs may result in increased unit cash costs, limiting potential upside.
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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