
Cleveland-Cliffs (CLF) Stock Forecast & Price Target
Cleveland-Cliffs (CLF) Analyst Ratings
Bulls say
Cleveland-Cliffs Inc. has projected an increase in steel prices by approximately $10 per ton for the first quarter of 2025, indicating a positive trend in revenue generation. The company anticipates a gradual growth in average pricing, forecasting a 1.2% year-over-year increase for 2025, with further acceleration to 6.0% in 2026, which aligns with consensus expectations. Additionally, the historical performance of the stock in relation to U.S. presidential elections highlights its potential for significant earnings growth, suggesting a favorable outlook for its stock amidst a backdrop of operational strength and market dynamics.
Bears say
Cleveland-Cliffs Inc. is facing a challenging business environment as evidenced by recent reports from numerous retailers that disclosed negative real same-store sales and guided toward continuous declines, indicating weakened consumer demand in the market. The broader steel demand is also under pressure, reflected in decreasing lead-times and inventories, coupled with falling U.S. hot-rolled coil (HRC) prices, which have significantly declined to $665 per ton. Given these economic indicators and industry trends, the outlook for Cleveland-Cliffs's stock appears unfavorable due to anticipated continuing declines in revenue and pricing pressures in the steel sector.
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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