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







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

Updated: February 24, 2024 (17:04)

Sector: Basic materials

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

Latest session on the 23rd of February for
Cleveland-Cliffs Inc. is positive
Trading Volume: 4203882
Open: 20.06 /  High: 20.25 /  Low: 19.92
What analysts predict: $19.12
52-week High/Low: $22.83 / $13.61

50/200 Day Moving Average: $19.24 / $16.65

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

For Cleveland-Cliffs stocks, the 200-day moving average is the support 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., %
Feb 26 21.73 21.07 22.12 4.96
Feb 27 22.07 21.33 22.44 5.22
Feb 28 21.52 21.27 22.06 3.69
Feb 29 21.68 20.96 22.10 5.45
Mar 01 22.54 22.25 23.20 4.24
Mar 02 22.07 21.28 22.69 6.63
Mar 03 21.97 21.66 22.23 2.65
Mar 04 21.60 20.89 22.13 5.96
Mar 05 22.51 22.26 23.15 4.00
Mar 06 22.87 22.12 23.45 6.00
Mar 07 21.87 21.63 22.62 4.59
Mar 08 21.73 21.49 22.07 2.68
Mar 09 22.48 22.18 23.23 4.74
Mar 10 22.02 21.34 22.66 6.17
Mar 11 22.22 21.75 22.59 3.86
Mar 12 22.22 21.53 22.44 4.23
Mar 13 22.31 21.89 22.67 3.53
Mar 14 22.44 22.14 22.97 3.74
Mar 15 21.64 21.42 21.91 2.27
Mar 16 22.12 21.34 22.44 5.18
Mar 17 22.33 21.85 23.09 5.66
Mar 18 22.18 21.95 22.58 2.86
Mar 19 22.44 22.19 23.03 3.78
Mar 20 22.69 21.90 23.07 5.36
Mar 21 22.95 22.18 23.68 6.80
Mar 22 23.47 23.14 23.85 3.06
Mar 23 22.43 22.03 22.66 2.89
Mar 24 22.79 22.33 23.45 5.00
Mar 25 21.83 21.55 22.05 2.33
Mar 26 20.89 20.63 21.29 3.19

Cleveland-Cliffs Daily Price Targets


Cleveland-Cliffs Stock Forecast 02-26-2024.

Forecast target price for 02-26-2024: $21.73.
Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.730%.
Pessimistic target level: 21.07
Optimistic target level: 22.12

Cleveland-Cliffs Stock Forecast 02-27-2024.

Forecast target price for 02-27-2024: $22.07.
Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.957%.
Pessimistic target level: 21.33
Optimistic target level: 22.44

Cleveland-Cliffs Stock Forecast 02-28-2024.

Forecast target price for 02-28-2024: $21.52.
Negative dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 3.555%.
Pessimistic target level: 21.27
Optimistic target level: 22.06

Cleveland-Cliffs Stock Forecast 02-29-2024.

Forecast target price for 02-29-2024: $21.68.
Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 5.165%.
Pessimistic target level: 20.96
Optimistic target level: 22.10

Cleveland-Cliffs Stock Forecast 03-01-2024.

Forecast target price for 03-01-2024: $22.54.
Positive dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 4.066%.
Pessimistic target level: 22.25
Optimistic target level: 23.20

Cleveland-Cliffs Stock Forecast 03-02-2024.

Forecast target price for 03-02-2024: $22.07.
Negative dynamics for Cleveland-Cliffs shares will prevail with possible volatility of 6.217%.
Pessimistic target level: 21.28
Optimistic target level: 22.69

CLF (CLF) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Mar. 19.15 17.58 20.72 15.14
Apr. 18.20 17.18 19.50 11.89
May. 17.23 15.46 18.82 17.85
Jun. 16.38 15.70 16.89 7.06
Jul. 15.63 14.21 16.61 14.44
Aug. 15.05 13.97 16.02 12.82
Sep. 14.15 13.47 15.19 11.38
Oct. 14.33 13.73 14.72 6.71
Nov. 14.59 13.89 15.99 13.16
Dec. 15.69 14.81 16.83 12.00

Cleveland-Cliffs forecast for this year


Cleveland-Cliffs Stock Prediction for Mar 2024

An downtrend is forecast for this month with an optimal target price of $19.1473. Pessimistic: $17.58. Optimistic: $20.72


Cleveland-Cliffs Stock Prediction for Apr 2024

An downtrend is forecast for this month with an optimal target price of $18.2014. Pessimistic: $17.18. Optimistic: $19.50


Cleveland-Cliffs Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $17.2313. Pessimistic: $15.46. Optimistic: $18.82


Cleveland-Cliffs Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $16.38. Pessimistic: $15.70. Optimistic: $16.89


Cleveland-Cliffs Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $15.6348. Pessimistic: $14.21. Optimistic: $16.61


Cleveland-Cliffs Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $15.0453. Pessimistic: $13.97. Optimistic: $16.02


Cleveland-Cliffs Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $14.1456. Pessimistic: $13.47. Optimistic: $15.19


Cleveland-Cliffs Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $14.3295. Pessimistic: $13.73. Optimistic: $14.72


Cleveland-Cliffs Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $14.5903. Pessimistic: $13.89. Optimistic: $15.99


Cleveland-Cliffs Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $15.6904. Pessimistic: $14.81. Optimistic: $16.83



Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 14.39 13.99 15.56 10.09
Feb 14.85 14.25 16.28 12.45
Mar 15.95 14.46 17.11 15.51
Apr 15.95 15.06 17.45 13.67
May 15.95 14.40 17.18 16.18
Jun 17.59 16.22 19.22 15.59
Jul 18.07 17.60 18.66 5.67
Aug 18.54 17.79 19.29 7.75
Sep 19.84 19.30 21.29 9.33
Oct 20.36 19.22 21.95 12.42
Nov 20.54 18.54 21.85 15.15
Dec 19.80 18.05 20.36 11.37

Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 17.35 16.25 18.82 13.67
Feb 18.12 17.36 19.72 11.94
Mar 18.87 16.96 19.88 14.69
Apr 17.65 16.54 19.25 14.06
May 17.46 16.71 18.35 8.91
Jun 17.14 16.14 18.79 14.11
Jul 16.94 16.13 18.24 11.59
Aug 17.47 16.72 18.11 7.65
Sep 17.02 15.62 18.43 15.24
Oct 16.58 15.86 18.08 12.27
Nov 18.13 16.60 19.02 12.76
Dec 17.21 16.36 17.99 9.08

Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 16.13 15.17 17.31 12.36
Feb 18.08 16.96 19.68 13.86
Mar 17.92 16.43 18.55 11.43
Apr 17.80 16.25 19.40 16.22
May 16.99 16.51 18.25 9.56
Jun 17.66 15.96 19.49 18.13
Jul 18.78 17.78 20.12 11.65
Aug 18.37 17.32 19.08 9.26
Sep 17.72 16.68 18.27 8.70
Oct 17.77 16.77 18.76 10.59
Nov 16.80 15.47 17.61 12.16
Dec 16.93 15.41 18.65 17.35

Cleveland-Cliffs (CLF) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 16.27 14.98 16.73 10.49
Feb 16.48 15.97 17.98 11.20
Mar 17.10 16.43 17.79 7.62
Apr 17.48 16.80 19.27 12.85
May 19.09 17.55 19.74 11.07
Jun 18.77 18.26 20.38 10.42
Jul 17.62 15.88 18.72 15.17
Aug 16.61 15.84 18.32 13.56
Sep 17.03 15.83 17.98 11.94
Oct 17.64 16.54 18.54 10.76
Nov 17.83 17.20 18.76 8.28
Dec 20.12 19.55 20.75 5.80

Cleveland-Cliffs information and performance

Cleveland-Cliffs Address

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

Market Capitalization: 9 756 498 000 $

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: 1 928 000 000 $

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

PE Ratio: 25.1

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: 0.78

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: 0.013
Trailing PE: 25.1

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: 12.24

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

EV To Revenue: 0.577

Enterprise Value (EV) /Revenue

EV To EBITDA: 6.83

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

Shares Outstanding: 498289000

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.