Cleveland-Cliffs (CLF) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Cleveland-Cliffs (CLF) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 27, 2024 (15:18)

Sector: Basic materials

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

Latest session on the 24th of May for
Cleveland-Cliffs Inc. is negative
Trading Volume: 3774839
Open: 17.16 /  High: 17.16 /  Low: 16.86
What analysts predict: $21.46
52-week High/Low: $22.97 / $13.61

50/200 Day Moving Average: $19.65 / $17.95

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 2024, 2025, 2026, 2027, 2028. How much will one Cleveland-Cliffs share be worth in 2024 - 2028?

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, 2024, 2025, 2026, 2027 and 2028) 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 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 daily forecast for a month

Date Target Pes. Opt. Vol., %
May 29 17.26 17.00 17.77 4.51
May 30 17.12 16.90 17.37 2.75
May 31 17.06 16.61 17.50 5.38
Jun 01 17.01 16.53 17.54 6.13
Jun 02 16.74 16.55 17.18 3.80
Jun 03 17.15 16.70 17.53 5.01
Jun 04 16.81 16.60 17.26 3.97
Jun 05 16.59 16.15 16.78 3.90
Jun 06 15.94 15.70 16.44 4.71
Jun 07 15.31 14.86 15.51 4.41
Jun 08 14.78 14.65 15.07 2.91
Jun 09 14.87 14.72 15.01 1.98
Jun 10 14.90 14.68 15.30 4.22
Jun 11 14.71 14.49 14.92 2.96
Jun 12 14.81 14.41 15.23 5.72
Jun 13 15.12 14.65 15.34 4.75
Jun 14 15.39 15.08 15.73 4.28
Jun 15 15.45 15.00 15.87 5.85
Jun 16 15.43 14.99 15.90 6.09
Jun 17 15.47 15.20 15.64 2.89
Jun 18 15.16 14.87 15.61 5.02
Jun 19 14.71 14.56 14.93 2.51
Jun 20 14.45 14.07 14.58 3.57
Jun 21 14.19 13.74 14.34 4.38
Jun 22 14.54 14.25 14.69 3.06
Jun 23 14.88 14.48 15.02 3.70
Jun 24 14.51 14.35 14.79 3.03
Jun 25 14.02 13.90 14.33 3.06
Jun 26 14.18 14.00 14.50 3.57
Jun 27 14.04 13.75 14.46 5.15

Cleveland-Cliffs Daily Price Targets


Cleveland-Cliffs Stock Forecast 05-29-2024.

Forecast target price for 05-29-2024: $17.26.
Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.314%.
Pessimistic target level: 17.00
Optimistic target level: 17.77

Cleveland-Cliffs Stock Forecast 05-30-2024.

Forecast target price for 05-30-2024: $17.12.
Negative dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 2.680%.
Pessimistic target level: 16.90
Optimistic target level: 17.37

Cleveland-Cliffs Stock Forecast 05-31-2024.

Forecast target price for 05-31-2024: $17.06.
Negative dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 5.107%.
Pessimistic target level: 16.61
Optimistic target level: 17.50

Cleveland-Cliffs Stock Forecast 06-01-2024.

Forecast target price for 06-01-2024: $17.01.
Negative dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 5.777%.
Pessimistic target level: 16.53
Optimistic target level: 17.54

Cleveland-Cliffs Stock Forecast 06-02-2024.

Forecast target price for 06-02-2024: $16.74.
Negative dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 3.664%.
Pessimistic target level: 16.55
Optimistic target level: 17.18

Cleveland-Cliffs Stock Forecast 06-03-2024.

Forecast target price for 06-03-2024: $17.15.
Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.773%.
Pessimistic target level: 16.70
Optimistic target level: 17.53

CLF (CLF) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 18.65 17.56 20.37 13.81
Jul. 17.90 17.01 18.41 7.58
Aug. 17.52 16.95 18.14 6.53
Sep. 18.07 16.50 18.63 11.47
Oct. 16.59 15.04 17.69 15.00
Nov. 17.28 15.71 18.22 13.81
Dec. 18.18 16.41 18.84 12.92

Cleveland-Cliffs forecast for this year


Cleveland-Cliffs Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $18.6467. Pessimistic: $17.56. Optimistic: $20.37


Cleveland-Cliffs Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $17.8952. Pessimistic: $17.01. Optimistic: $18.41


Cleveland-Cliffs Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $17.523. Pessimistic: $16.95. Optimistic: $18.14


Cleveland-Cliffs Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $18.0697. Pessimistic: $16.50. Optimistic: $18.63


Cleveland-Cliffs Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $16.5898. Pessimistic: $15.04. Optimistic: $17.69


Cleveland-Cliffs Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $17.2799. Pessimistic: $15.71. Optimistic: $18.22


Cleveland-Cliffs Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $18.1785. Pessimistic: $16.41. Optimistic: $18.84



Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 17.97 16.61 18.83 11.78
Feb 18.67 17.94 20.10 10.75
Mar 20.00 18.21 20.63 11.72
Apr 19.22 18.37 20.57 10.69
May 18.82 17.23 20.09 14.25
Jun 18.82 17.87 20.07 10.97
Jul 18.77 17.99 20.14 10.66
Aug 19.46 18.37 20.19 9.02
Sep 19.84 18.98 21.38 11.22
Oct 20.69 19.23 21.49 10.51
Nov 20.69 19.53 21.92 10.92
Dec 21.49 20.07 23.67 15.23

Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 20.60 18.54 21.27 12.84
Feb 20.79 18.65 22.08 15.54
Mar 19.60 17.76 20.77 14.47
Apr 18.93 18.42 20.73 11.16
May 20.88 19.88 21.50 7.57
Jun 20.61 19.13 21.20 9.73
Jul 22.38 21.45 23.51 8.78
Aug 21.47 19.74 22.73 13.14
Sep 21.25 20.70 22.41 7.64
Oct 20.62 19.11 22.46 14.91
Nov 18.85 18.23 19.61 7.00
Dec 17.18 15.39 18.34 16.07

Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 18.30 16.75 19.03 12.00
Feb 20.46 19.19 22.14 13.34
Mar 19.85 18.12 21.32 15.01
Apr 20.21 18.42 22.23 17.13
May 20.55 19.86 21.11 5.95
Jun 22.56 21.79 24.70 11.75
Jul 22.44 21.56 23.64 8.76
Aug 23.87 22.41 26.17 14.35
Sep 22.44 20.78 23.32 10.89
Oct 19.70 18.78 21.24 11.58
Nov 19.90 19.10 21.72 12.03
Dec 20.78 20.22 21.46 5.79

Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 21.73 20.66 23.34 11.50
Feb 23.51 21.34 25.22 15.39
Mar 22.32 21.04 23.68 11.15
Apr 23.65 22.79 24.73 7.83
May 23.68 22.02 25.56 13.85
Jun 26.33 25.41 28.21 9.95
Jul 26.91 24.22 28.59 15.30
Aug 29.15 26.35 32.03 17.75
Sep 30.44 27.75 31.31 11.37
Oct 28.86 27.43 30.70 10.63
Nov 27.54 25.25 29.30 13.81
Dec 24.61 22.08 25.92 14.81

Cleveland-Cliffs information and performance

Cleveland-Cliffs Address

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

Market Capitalization: 8 040 299 000 $

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

EBITDA: 2 087 000 000 $

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

PE Ratio: 22.55

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: None

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: None

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

EPS: 0.75

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

Quarterly Earnings Growth YOY: 0.792
Quarterly Revenue Growth YOY: -0.018
Trailing PE: 22.55

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: 13.53

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

EV To Revenue: 0.601

Enterprise Value (EV) /Revenue

EV To EBITDA: 7.12

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

Shares Outstanding: 475476000

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 $None 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.