Cleveland-Cliffs Inc (CLF) Stock Forecast & Predictions

Cleveland-Cliffs Inc CLF: $22.05

200 Public Sq Ste 3300, Cleveland, Ohio, US. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.clevelandcliffs.com

  • Market Cap$11.03B
  • Change (52 Weeks)33.80%
  • Low (52 Weeks)$12.77
  • Cleveland-Cliffs Inc (CLF) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Cleveland-Cliffs Inc (CLF) is based on 16 Institutional Analyst Ratings where 43.75% are on Strong Buy, 25.00% on Moderate Buy, 31.25% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 16 Institutional Analysts, majority recommended CLF stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Cleveland-Cliffs Inc.

    Cleveland-Cliffs Inc (CLF) Stock Price Prediction By Analysts


    HighLowAverage
    $38.85$23.73$30.32
    $30.3237.52% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for CLF set by the institutional analysts is $30.32 where High Estimate is $38.85, Median $28.560000000000002 and Low $23.73.

    The average price target for CLF by Institutional Analysts is $30.32, which is 37.52% Upside from the current price. So according to the Institutional Analysts, CLF Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Cleveland-Cliffs Inc (CLF) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 548,319 investor portfolio.

    Our algorithm has analysed 548,319 investor portfolio with CLF stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about CLF and holding their positions hoping for a further rise in the stock price and more profit.

    Cleveland-Cliffs Inc (CLF) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wolfe ResearchPeer PerformDowngraded
    Morgan StanleyEqual-WeightMaintained
    Wolfe ResearchOutperformInitiated
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsBuyUpgraded
    Morgan StanleyEqual-WeightInitiated
    Argus ResearchBuyInitiated
    JP MorganOverweightInitiated
    Credit SuisseOutperformUpgraded
    KeybancSector WeightDowngraded
    Exane BNP ParibasNeutralDowngraded
    Goldman SachsNeutralInitiated
    Goldman SachsNeutralInitiated
    KeyBancOverweightMaintained
    GLJ ResearchHoldDowngraded
    KeyBancOverweightMaintained
    Exane BNP ParibasOutperformUpgraded
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    GLJ ResearchBuyUpgraded
    KeyBancOverweightUpgraded
    Credit SuisseNeutralMaintained
    Credit SuisseNeutralReiterated
    Goldman SachsNeutralReiterated
    B. Riley FBRBuyMaintained
    CitigroupNeutralMaintained
    CFRAStrong BuyReiterated
    CitigroupNeutralDowngraded
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    B. RileyBuyMaintained
    JP MorganNeutralDowngraded
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    Credit SuisseOutperformUpgraded
    Cowen & Co.Market PerformInitiated
    CitigroupBuyMaintained
    Credit SuisseNeutralDowngraded
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightUpgraded
    CitigroupBuyMaintained
    B. Riley FBRBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Seaport GlobalBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsNeutralInitiated
    Vertical GroupSellDowngraded
    Vertical GroupHoldUpgraded
    Credit SuisseOutperformUpgraded
    Vertical GroupSellInitiated
    JP MorganNeutralDowngraded
    JefferiesBuyInitiated
    JP MorganOverweightMaintained
    Morgan StanleyEqual-WeightUpgraded
    MacquarieOutperformMaintained
    JP MorganOverweightMaintained
    Clarksons PlatouNeutralUpgraded
    MacquarieOutperformUpgraded
    JP MorganOverweightUpgraded
    Credit SuisseUnderperformInitiated
    Deutsche BankSellMaintained
    MacquarieNeutralDowngraded
    Deutsche BankSellDowngraded
    Deutsche BankHoldMaintained
    MacquarieOutperformMaintained
    FBR CapitalMarket PerformInitiated
    Axiom CapitalSellInitiated
    RBC CapitalSector PerformMaintained
    RBC CapitalSector PerformMaintained
    CitigroupSellMaintained
    CitigroupSellMaintained
    CitigroupSellMaintained
    BMO CapitalUnderperformDowngraded
    Deutsche BankHoldMaintained
    Axiom CapitalSellDowngraded
    Deutsche BankHoldMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    Credit SuisseUnderperformMaintained
    Deutsche BankHoldDowngraded
    CitigroupSellMaintained
    Brean CapitalSellDowngraded
    CitigroupSellMaintained
    FBR CapitalMarket PerformMaintained
    Axiom CapitalHoldUpgraded
    JP MorganNeutralDowngraded
    NomuraDowngraded
    BernsteinMarket PerformUpgraded
    Clarksons PlatouUnderperformDowngraded
    MacquarieNeutralUpgraded
    NomuraBuyMaintained
    JP MorganOverweightMaintained
    JP MorganOverweightMaintained
    CitigroupNeutralMaintained
    Deutsche BankBuyMaintained
    UBSNeutralMaintained
    MacquarieUnderperformDowngraded
    BernsteinUnderperformDowngraded
    NomuraBuyMaintained
    CitigroupHoldMaintained
    JP MorganOverweightMaintained
    UBSNeutralMaintained
    Bank of AmericaUnderperformMaintained
    Axiom CapitalSellInitiated
    Wells FargoUnderperformDowngraded
    Morgan StanleyUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    Deutsche BankBuyUpgraded
    Brean CapitalHoldInitiated
    Clarksons PlatouMarket PerformInitiated
    BernsteinMarket PerformInitiated
    CitigroupNeutralMaintained
    Cowen & Co.Market PerformUpgraded
    Wells FargoMarket PerformInitiated
    FBR CapitalMarket PerformDowngraded
    Wellington ShieldsBuyInitiated
    BB&T CapitalHoldDowngraded
    JP MorganOverweightMaintained
    CIBCDowngraded
    Cowen & Co.UnderperformInitiated
    BB&T CapitalBuyUpgraded
    Deutsche BankHoldMaintained
    Bank of AmericaUnderperformDowngraded
    FBR CapitalOutperformUpgraded
    NomuraBuyMaintained
    Morgan StanleyUnderweightDowngraded
    Goldman SachsNeutralUpgraded
    Credit SuisseUnderperformMaintained
    Bank of AmericaNeutralMaintained
    BMO CapitalMarket PerformDowngraded
    JP MorganOverweightUpgraded
    CitigroupNeutralMaintained
    CRT CapitalFair ValueDowngraded
    Deutsche BankHoldDowngraded
    CitigroupNeutralDowngraded
    Deutsche BankBuyUpgraded
    Dahlman RoseSellDowngraded
    Bank of AmericaNeutralMaintained
    RBC CapitalSector PerformDowngraded
    DavenportNeutralDowngraded
    Goldman SachsSellDowngraded
    BMO CapitalOutperformMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldDowngraded
    Goldman SachsNeutralMaintained
    Deutsche BankBuyMaintained
    JP MorganNeutralDowngraded
    NomuraBuyUpgraded
    Goldman SachsNeutralDowngraded
    UBSNeutralDowngraded
    Credit SuisseUnderperformDowngraded
    CitigroupBuyMaintained
    Bank of AmericaNeutralMaintained
    Deutsche BankBuyMaintained
    Goldman SachsBuyMaintained
    UBSBuyMaintained
    Dahlman RoseBuyMaintained
    Global Hunter SecuritiesNeutralInitiated
    CitigroupBuyMaintained
    UBSBuyMaintained
    Deutsche BankBuyMaintained
    Goldman SachsBuyMaintained
    Bank ofericaNeutralDowngraded
    Morgan StanleyOverweightMaintained
    Dahlman RoseBuyMaintained
    UBSBuyMaintained
    CitigroupNeutralMaintained
    Bank ofericaBuyMaintained

    Cleveland-Cliffs Inc (CLF) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.302
    The average consensus EPS for CLF is $2.302 with a high estimate of $2.909 and Low of $1.815 for the period 2022-03-31 and based on 8 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.33$2.28532021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2.22052021-12-31
    $2.33$2.28532021-09-30
    $1.32$1.53972021-06-30
    $0.19$0.39362021-03-31
    $0.04$0.22242020-12-31
    $-0.03$-0.09522020-09-30
    $-0.28$-0.50752020-06-30
    $-0.19$-0.16322020-03-31
    $0.25$0.24392019-12-31
    $0.33$0.24692019-09-30
    $0.57$0.52522019-06-30
    $-0.07$-0.13972019-03-31
    $1.98$0.60722018-12-31
    $0.64$0.66632018-09-30
    $0.55$0.52432018-06-30
    $-0.21$-0.22342018-03-31
    $0.23$0.1712017-12-31
    $0.18$0.31932017-09-30
    $0.11$0.17632017-06-30
    $-0.11$0.17292017-03-31
    $0.34$0.23112016-12-31
    $-0.12$0.17052016-09-30
    $0.07$0.01722016-06-30
    $-0.33$-0.10522016-03-31
    $-0.14$-0.26662015-12-31
    $-0.35$-0.22962015-09-30
    $-0.21$-0.11452015-06-30
    $0.02$-0.1922015-03-31
    $1$0.13492014-12-31
    $-0.23$-0.04292014-09-30
    $-0.01$-0.10022014-06-30
    $-0.54$-0.24432014-03-31
    $0.2$0.78332013-12-31
    $0.66$0.71822013-09-30
    $1.14$0.59252013-06-30
    $0.6$0.34382013-03-31
    $0.41$0.53552012-12-31
    $0.61$1.05842012-09-30
    $1.63$1.78732012-06-30
    $0.85$1.11382012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).