Cleveland-Cliffs (CLF) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Cleveland-Cliffs (CLF) Stock Forecast for 2023 – 2026. Sell or Buy?

Last update: June 2, 2023 (17:03)

Sector: Basic materials

The share price of Cleveland-Cliffs Inc. (CLF) now

What analysts predict: $20.77
52-week High/Low: $24.35 / $11.82

50/200 Day Moving Average: $16.2 / $16.95

This figure corresponds to the Average Price over the previous 50/200 days. For Cleveland-Cliffs stocks, the 50-day moving average is the resistance level today.

For Cleveland-Cliffs stocks, the 200-day moving average is the resistance level today.

Are you interested in Cleveland-Cliffs Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Cleveland-Cliffs stock price in 2023, 2024, 2025, 2026, 2027. How much will one Cleveland-Cliffs share be worth in 2023 - 2027?

When should I take profit in Cleveland-Cliffs stock? When should I record a loss on Cleveland-Cliffs stock? What are analysts' forecasts for Cleveland-Cliffs stock? What is the future of Cleveland-Cliffs stock? We forecast Cleveland-Cliffs stock performance using neural networks based on historical data on Cleveland-Cliffs stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Cleveland-Cliffs stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Cleveland-Cliffs shares. This happens once a day.




Historical and forecast chart of Cleveland-Cliffs stock

The chart below shows the historical price of Cleveland-Cliffs stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Cleveland-Cliffs stock price can be found in the table below.

Long-term forecasts by years.

Cleveland-Cliffs daily forecast for a month

Date Target Pes. Opt. Vol., %
Jun 04 14.45 14.24 14.85 4.24
Jun 05 14.70 14.30 15.04 5.18
Jun 06 14.59 14.30 15.05 5.19
Jun 07 14.21 13.73 14.36 4.61
Jun 08 14.85 14.60 15.04 3.02
Jun 09 14.93 14.45 15.15 4.88
Jun 10 14.97 14.65 15.20 3.73
Jun 11 15.04 14.56 15.47 6.28
Jun 12 15.35 15.14 15.65 3.33
Jun 13 15.24 14.80 15.46 4.45
Jun 14 14.93 14.67 15.44 5.27
Jun 15 15.31 15.17 15.79 4.09
Jun 16 15.89 15.51 16.29 5.02
Jun 17 15.91 15.74 16.15 2.59
Jun 18 16.32 15.77 16.48 4.47
Jun 19 16.80 16.39 17.10 4.34
Jun 20 17.06 16.87 17.63 4.55
Jun 21 17.65 17.43 18.26 4.79
Jun 22 17.23 16.87 17.48 3.58
Jun 23 17.10 16.54 17.71 7.03
Jun 24 17.42 16.84 17.93 6.47
Jun 25 16.82 16.35 17.16 4.96
Jun 26 16.82 16.67 17.21 3.22
Jun 27 16.85 16.48 17.39 5.57
Jun 28 16.67 16.46 17.13 4.06
Jun 29 16.31 16.03 16.82 4.90
Jun 30 16.53 16.04 16.75 4.40
Jul 01 16.32 16.05 16.83 4.85
Jul 02 16.26 15.83 16.56 4.57
Jul 03 16.29 15.83 16.54 4.49

Cleveland-Cliffs Daily Price Targets


Cleveland-Cliffs Stock Forecast 06-04-2023.

Forecast target price for 06-04-2023: $14.45.
Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.071%.
Pessimistic target level: 14.24
Optimistic target level: 14.85

Cleveland-Cliffs Stock Forecast 06-05-2023.

Forecast target price for 06-05-2023: $14.70.
Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.925%.
Pessimistic target level: 14.30
Optimistic target level: 15.04

Cleveland-Cliffs Stock Forecast 06-06-2023.

Forecast target price for 06-06-2023: $14.59.
Negative dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.930%.
Pessimistic target level: 14.30
Optimistic target level: 15.05

Cleveland-Cliffs Stock Forecast 06-07-2023.

Forecast target price for 06-07-2023: $14.21.
Negative dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.410%.
Pessimistic target level: 13.73
Optimistic target level: 14.36

Cleveland-Cliffs Stock Forecast 06-08-2023.

Forecast target price for 06-08-2023: $14.85.
Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 2.933%.
Pessimistic target level: 14.60
Optimistic target level: 15.04

Cleveland-Cliffs Stock Forecast 06-09-2023.

Forecast target price for 06-09-2023: $14.93.
Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.655%.
Pessimistic target level: 14.45
Optimistic target level: 15.15

CLF (CLF) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Jul. 15.52 14.93 16.24 8.07
Jul. 15.20 13.89 15.99 13.10
Aug. 15.51 14.36 16.34 12.09
Oct. 13.82 12.87 14.36 10.38
Oct. 14.61 14.02 15.39 8.89
Dec. 16.39 15.92 18.03 11.70
Dec. 15.63 15.10 16.42 8.04

Cleveland-Cliffs forecast for this year


Cleveland-Cliffs Stock Prediction for Jul 2023

An uptrend is forecast for this month with an optimal target price of $15.5182. Pessimistic: $14.93. Optimistic: $16.24


Cleveland-Cliffs Stock Prediction for Jul 2023

An downtrend is forecast for this month with an optimal target price of $15.1954. Pessimistic: $13.89. Optimistic: $15.99


Cleveland-Cliffs Stock Prediction for Aug 2023

An uptrend is forecast for this month with an optimal target price of $15.5115. Pessimistic: $14.36. Optimistic: $16.34


Cleveland-Cliffs Stock Prediction for Oct 2023

An downtrend is forecast for this month with an optimal target price of $13.8176. Pessimistic: $12.87. Optimistic: $14.36


Cleveland-Cliffs Stock Prediction for Oct 2023

An uptrend is forecast for this month with an optimal target price of $14.608. Pessimistic: $14.02. Optimistic: $15.39


Cleveland-Cliffs Stock Prediction for Dec 2023

An uptrend is forecast for this month with an optimal target price of $16.3931. Pessimistic: $15.92. Optimistic: $18.03


Cleveland-Cliffs Stock Prediction for Dec 2023

An downtrend is forecast for this month with an optimal target price of $15.6259. Pessimistic: $15.10. Optimistic: $16.42



Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 15.32 13.87 16.14 14.07
Mar 14.98 13.79 16.35 15.61
Mar 15.64 14.22 17.13 16.98
May 14.32 13.00 14.90 12.75
May 13.73 12.64 14.90 15.21
Jul 14.37 13.49 15.06 10.42
Jul 14.11 13.41 14.49 7.47
Aug 14.33 13.58 15.41 11.85
Oct 15.37 14.81 15.89 6.79
Oct 15.27 14.74 15.69 6.07
Dec 14.68 13.26 15.44 14.09
Dec 14.52 14.05 16.01 12.26

Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 13.98 13.09 14.34 8.74
Mar 12.52 11.72 13.65 14.08
Mar 13.08 12.28 13.84 11.30
May 13.13 12.29 14.01 12.30
May 14.00 13.58 14.69 7.56
Jul 13.98 12.72 14.52 12.39
Jul 13.65 12.48 14.88 16.11
Aug 15.18 14.09 15.63 9.85
Oct 14.23 12.99 14.80 12.25
Oct 14.27 13.47 14.73 8.56
Dec 14.90 13.68 15.75 13.16
Dec 15.42 13.86 16.22 14.58

Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 14.90 13.37 16.45 18.72
Mar 16.64 16.10 17.27 6.76
Mar 17.23 16.29 18.32 11.12
May 16.76 15.54 17.87 13.05
May 17.89 16.96 19.45 12.80
Jul 19.77 18.31 20.47 10.55
Jul 18.85 17.60 19.88 11.46
Aug 18.21 16.46 19.39 15.14
Oct 17.24 15.83 18.50 14.42
Oct 16.12 14.51 17.10 15.19
Dec 15.64 14.05 16.86 16.64
Dec 15.82 15.02 16.54 9.20

Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 15.08 14.37 16.18 11.15
Mar 14.24 12.98 15.33 15.33
Mar 15.35 14.31 15.91 10.03
May 16.51 15.45 17.66 12.51
May 17.58 16.85 18.72 10.01
Jul 19.47 18.54 20.99 11.70
Jul 21.83 19.62 22.65 13.40
Aug 21.46 20.18 22.97 12.15
Oct 19.84 18.40 20.41 9.86
Oct 18.63 17.42 19.40 10.23
Dec 18.27 17.46 19.43 10.14
Dec 16.37 14.66 17.94 18.26

Cleveland-Cliffs information and performance

Cleveland-Cliffs Inc. is an American mining company founded in 1846. It is the largest supplier of iron ore pellets to the steel industry in North America. Currently owns and operates four iron ore mines located in Michigan and Minnesota (USA).

Cleveland-Cliffs Address

200 PUBLIC SQUARE, STE. 3300, CLEVELAND, OH, US

Market Capitalization: 7 308 971 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 2 006 000 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 15.59

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: -0.22

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0345

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.91

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.875
Quarterly Revenue Growth YOY: -0.111
Trailing PE: 15.59

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 6.52

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.536

Enterprise Value (EV) /Revenue

EV To EBITDA: 2.839

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 515079000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Cleveland-Cliffs (CLF) stock dividend

Cleveland-Cliffs last paid dividends on 04/02/2020. The next scheduled payment will be on 04/15/2020. The amount of dividends is $0 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.