Cleveland Cliffs Inc (CLF)
Cleveland Cliffs Inc Stock (CLF) Forecast
The Cleveland Cliffs Inc (CLF) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $12.18, representing a -14.49% decrease from the current price of $14.25. The highest analyst price target is $13.62, and the lowest is $10.75.
Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
Is Cleveland Cliffs Inc (CLF) A Buy Now?
According to our latest analysis, CLF could be considered a Strong Buy, with 17 technical analysis indicators signaling 11 Buy signals, 1 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on CLF, as trading bullish markets is always a lot easier
- RSI (Relative Strength Index): The RSI(14) value of 61.07 indicates that CLF is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 76.64 indicates that CLF is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 66.63 indicates that CLF is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- ADX (Average Directional Index): The ADX value of 21.65 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
- CCI (Commodity Channel Index): A CCI(14) value of 67.08 indicates that CLF is still overbought but not to an extreme extent.
Long-term CLF price forecast for 2026, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Cleveland Cliffs Inc financial reports and earnings history, Cleveland Cliffs Inc (CLF) stock could reach $8.01 by 2030, $6.32 by 2040 and $24.10 by 2050. See the projected annual prices until 2050 of the Cleveland Cliffs Inc stock below:
- Cleveland Cliffs Inc (CLF) is expected to reach an average price of $0.7305 in 2035, with a high prediction of $9.62 and a low estimate of $0.0346. This indicates an -94.87% change from the last recorded price of $14.25.
- Cleveland Cliffs Inc (CLF) stock is projected to chart a bullish course in 2040, with an average price target of $2.27, representing an -84.05% change from its current level. The forecast ranges from a conservative $0.1411 to a sky-high $6.32.
- Our analysts predict Cleveland Cliffs Inc (CLF) to change -13.03% by 2045, soaring from $8.20 to an average price of $12.39, potentially reaching $14.35. While $8.20 is the low estimate, the potential upside is significant.
- Cleveland Cliffs Inc (CLF) stock is expected to climb by 2050, reaching an average of $13.77, a -3.36% change from its current level. However, a wide range of estimates exists, with high and low targets of $24.10 and $13.70, respectively, highlighting the market's uncertainty.
Cleveland Cliffs Inc Stock (CLF) Year by Year Forecast
Cleveland Cliffs Inc Stock (CLF) Price Forecast for 2026
The predicted value for Cleveland Cliffs Inc (CLF) in 2026 is set at an average of $11.58. Estimates vary from a peak of $16.27 to a trough of $7.73, indicating an -18.75% surge from the present price of $14.25.
Cleveland Cliffs Inc Stock (CLF) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Cleveland Cliffs Inc (CLF) is $12.04, with a high forecast of $26.19 and a low forecast of $4.31. This indicates an -15.49% decrease from the last price of $14.25.
Cleveland Cliffs Inc Stock (CLF) Price Forecast for 2028
In 2028, Cleveland Cliffs Inc (CLF) is projected to reach an average price of $9.59, with a high projection of $15.52 and a low estimate of $5.49. This indicates an -32.71% fall from the last price of $14.25.
Cleveland Cliffs Inc Stock (CLF) Price Forecast for 2029
The 2029 price forecast for Cleveland Cliffs Inc Stock (CLF) is $10.85 on average, with a high prediction of $16.30 and a low estimate of $6.01. This represents an -23.83% decrease from the previous price of $14.25.
Cleveland Cliffs Inc Stock (CLF) Price Forecast for 2030
Cleveland Cliffs Inc Stock (CLF) is expected to reach an average price of $3.92 in 2030, with a high forecast of $8.01 and a low forecast of $0.0762. This signifies an -72.47% decrease from the last price of $14.25.