Should I Buy CLF? CLF 2026 Analysis

Should You Buy Cleveland-Cliffs Inc (CLF) Today? Analysis, Price Targets, and 2026 Outlook.

No data

Growth

Profitability

Efficiency

9 Analyst Rating

Wall Street analysts forecast CLF stock price to fall

2 Buy

5 Hold

2 Sell

Hold

Current: 13.630

Low

5.75

Averages

12.78

High

Current: 13.630

Low

5.75

Averages

12.78

High

BofA

Neutral

maintain

$12 -> $14

AI Analysis

2026-06-12

New

Reason

BofA

Price Target

$12 -> $14

AI Analysis

2026-06-12

New

maintain

Neutral

Reason

BofA raised the firm's price target on Cleveland-Cliffs (CLF) to $14 from $12 and keeps a Neutral rating on the shares. Ahead of the Q2 guidance releases anticipated next week from Nucor (NUE) and Steel Dynamics (STLD), the firm marks-to-market its Q2 steel price forecasts and updates estimates for its North American steel and metal service centers coverage, noting that its price targets in the group increased by 9% on average.

Wells Fargo

Timna Tanners

Equal Weight

maintain

$9 -> $14

2026-06-04

Reason

Wells Fargo

Timna Tanners

Price Target

$9 -> $14

2026-06-04

maintain

Equal Weight

Reason

Wells Fargo analyst Timna Tanners raised the firm's price target on Cleveland-Cliffs to $14 from $9 and keeps an Equal Weight rating on the shares. The firm updated models in the steel group as part of a mid-quarter update. Wells upped steel price forecasts and estimates, expecting further strength until October. "Unusually lean" service center inventories mean mills will need to restock even when Q3 demand softens seasonally, the analyst tells investors in a research note. Wells thinks prices may correct in Q4 as supply catches up with demand.

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CLF Should I Buy

CLF Should I Buy

Should You Buy Cleveland-Cliffs Inc (CLF) Today? Analysis, Price Targets, and 2026 Outlook.

No data

No data

Growth

Profitability

Efficiency

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