Cleveland-Cliffs Stock Forecast for 2022 - 2025 - 2030

Updated on 09/27/2022

Stock Rating
17
Price Target
$23.70
Consensus
Outperform
Upside
81.19%
Analysts
2
Stock Rating
17
Upside
81.19%
Analysts
2
Price Target
$23.70

Cleveland-Cliffs Stock Forecast and Price Target

If the average price target of $23.70 set by two distinguished experts for Cleveland-Cliffs over the past few weeks is reached this year, there would be a potential upside of approximately 81.19% from the last closing price in September, 2022. This potential increase is based on a high estimate of $32.00 and a low estimate of $14.50. If you're interested in investing in this company, why not also look at its competitors to see how they are doing?

$23.70

81.19% Upside

Outperform
Outperform

Cleveland-Cliffs Fair Value Forecast for 2022 - 2025 - 2030

In the last three years, Cleveland-Cliffs's Price has grown by 68.02%, rising from $15.00 to $25.20. For the next year, analysts predict that Fair Value will reach $61.89 – an increase of 145.57%. Over the next nine years, experts believe that Cleveland-Cliffs's Fair Value will grow at a rate of 1444.59%.

2022 Fair Value Forecast
$61.89
2023 Fair Value Forecast
$122.04
2024 Fair Value Forecast
$122.21
2025 Fair Value Forecast
$166.51
2026 Fair Value Forecast
$208.71
2027 Fair Value Forecast
$241.39
2028 Fair Value Forecast
$289.95
2029 Fair Value Forecast
$338.77
2030 Fair Value Forecast
$389.25
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SVST Stock Forecast Public Joint Stock Company Sev... Outperform 16
$821.40 Buy/Sell $25.05 -97.60%
BHP Stock Forecast BHP Group Outperform 16
$36.20 Buy/Sell $33.13 -20.80%
RIO Stock Forecast Rio Tinto Group Hold 18
£46.98 Buy/Sell £86.31 37.16%
WM Stock Forecast Waste Management Outperform 16
$165.22 Buy/Sell $169.75 2.89%
GLEN Stock Forecast Glencore Outperform 17
£4.56 Buy/Sell £5.44 60.96%

Cleveland-Cliffs Revenue Forecast for 2022 - 2025 - 2030

In the last three years, Cleveland-Cliffs's Revenue has grown by 776.52%, rising from $2.33B to $20.44B. For the next year, analysts predict that Revenue will reach $30.93B – an increase of 51.28%. Over the next nine years, experts believe that Cleveland-Cliffs's Revenue will grow at a rate of 1311.98%.

2022 Rev Forecast
$30.93B
2023 Rev Forecast
$48.51B
2024 Rev Forecast
$71.79B
2025 Rev Forecast
$96.33B
2026 Rev Forecast
$126.56B
2027 Rev Forecast
$161.06B
2028 Rev Forecast
$199.05B
2029 Rev Forecast
$241.78B
2030 Rev Forecast
$288.67B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
VALE3 Stock Forecast Vale Outperform 16
R$68.00 Buy/Sell R$25.58 -73.87%
AAL Stock Forecast Anglo American Outperform 18
£26.01 Buy/Sell £49.79 54.94%
FMG Stock Forecast Fortescue Metals Group Underperform 16
$15.94 Buy/Sell $15.01 -30.74%

Cleveland-Cliffs Dividend per Share Forecast for 2022 - 2025 - 2030

In the last two years, Cleveland-Cliffs's Dividend per Share has grown, moving from $0.05 to $0.06 – an increase of 20.00%. In the next year, analysts predict that Dividend per Share will jump to $0.19 – up 214.97% from the current level. Looking ahead to ten years, experts forecast that Dividend per Share will grow by 17156.23%.

2021 DPS Forecast
$0.19
2022 DPS Forecast
$0.46
2023 DPS Forecast
$1.09
2024 DPS Forecast
$1.76
2025 DPS Forecast
$2.67
2026 DPS Forecast
$3.82
2027 DPS Forecast
$5.13
2028 DPS Forecast
$6.66
2029 DPS Forecast
$8.41
2030 DPS Forecast
$10.35
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
NUE Stock Forecast Nucor Hold 5
$103.39 Buy/Sell $129.14 16.26%
MT Stock Forecast ArcelorMittal Buy 17
20.95€ Buy/Sell 45.96€ 125.35%
AMS Stock Forecast Anglo American Platinum Outperform 18
R1.16k Buy/Sell R1.91k 40.29%

Cleveland-Cliffs Free Cash Flow Forecast for 2022 - 2025 - 2030

Cleveland-Cliffs's Free Cash Flow has seen growth In the last three years, going from $199.40M to $2.08B – a gain of 943.13% In the next year, analysts believe that Free Cash Flow will reach $2.77B – an increase of 33.31%. For the next nine years, the forecast is forFree Cash Flow to grow by 575.92%.

2022 FCF Forecast
$2.77B
2023 FCF Forecast
$0.91B
2024 FCF Forecast
$1.19B
2025 FCF Forecast
$2.19B
2026 FCF Forecast
$4.19B
2027 FCF Forecast
$5.82B
2028 FCF Forecast
$8.17B
2029 FCF Forecast
$11.02B
2030 FCF Forecast
$14.06B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
HWM Stock Forecast Howmet Aerospace Buy 16
$31.04 Buy/Sell $39.92 38.53%
STLD Stock Forecast Steel Dynamics Outperform 18
$69.68 Buy/Sell $102.73 29.88%
A005490 Stock Forecast POSCO Outperform 18
₩224.50k Buy/Sell ₩467.40k 82.63%

Cleveland-Cliffs Net Income Forecast for 2022 - 2025 - 2030

In the last three years, Cleveland-Cliffs's Net Income has seen an increase, rising from $1.13B to $2.99B. This represents a growth of 164.87%. Analysts predict that Cleveland-Cliffs's Net Income will increase in the upcoming year, reaching $8.18B. This would represent an increase of 173.73%. Over the next nine years, experts predict that Cleveland-Cliffs's Net Income will grow at a rate of 1834.44%.

2022 NI Forecast
$8.18B
2023 NI Forecast
$16.34B
2024 NI Forecast
$16.85B
2025 NI Forecast
$23.39B
2026 NI Forecast
$29.70B
2027 NI Forecast
$34.87B
2028 NI Forecast
$42.32B
2029 NI Forecast
$49.89B
2030 NI Forecast
$57.80B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MAS Stock Forecast Masco Outperform 18
$45.60 Buy/Sell $64.72 39.25%
RS Stock Forecast Reliance Steel & Aluminum Buy 18
$169.02 Buy/Sell $228.00 28.98%
BOL Stock Forecast Boliden AB (publ) Hold 18
kr321.55 Buy/Sell kr331.44 7.29%

Cleveland-Cliffs EBITDA Forecast for 2022 - 2025 - 2030

In the last three years, EBITDA for Cleveland-Cliffs has grown by 566.07%, going from $776.20M to $5.17B. In the coming year, analysts are expecting an increase in EBITDA, predicting it will reach $7.61B – an increase of 47.19%. Over the next nine years, experts anticipate that EBITDA growth for Cleveland-Cliffs will be 1082.02%.

2022 EBITDA Forecast
$7.61B
2023 EBITDA Forecast
$10.77B
2024 EBITDA Forecast
$16.19B
2025 EBITDA Forecast
$21.31B
2026 EBITDA Forecast
$27.47B
2027 EBITDA Forecast
$34.80B
2028 EBITDA Forecast
$42.63B
2029 EBITDA Forecast
$51.42B
2030 EBITDA Forecast
$61.11B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
GGBR4 Stock Forecast Gerdau Outperform 18
R$23.17 Buy/Sell R$37.76 68.32%
KIO Stock Forecast Kumba Iron Ore Underperform 16
R360.41 Buy/Sell R622.67 18.61%
AA Stock Forecast Alcoa Outperform 13
$34.47 Buy/Sell $0.00 159.65%

Cleveland-Cliffs EBIT Forecast for 2022 - 2025 - 2030

Cleveland-Cliffs's EBIT has grown in the last three years, jumping from $687.20M to $4.27B – an increase of 521.80%. In the next year, analysts predict that EBIT will reach $7.75B – an increase of 81.44%. For the next nine years, the forecast is for EBIT to grow by 2433.96%.

2022 EBIT Forecast
$7.75B
2023 EBIT Forecast
$13.73B
2024 EBIT Forecast
$22.11B
2025 EBIT Forecast
$31.42B
2026 EBIT Forecast
$43.05B
2027 EBIT Forecast
$56.62B
2028 EBIT Forecast
$71.83B
2029 EBIT Forecast
$89.11B
2030 EBIT Forecast
$108.28B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BSL Stock Forecast BlueScope Steel Outperform 18
$14.82 Buy/Sell $27.10 61.94%
X Stock Forecast United States Steel Hold 12
$18.59 Buy/Sell $35.81 23.72%
SSAB A Stock Forecast SSAB AB (publ) Outperform 16
kr49.14 Buy/Sell kr59.23 56.70%

Cleveland-Cliffs EPS Price Prediction Forecast for 2022 - 2025 - 2030

In the last three years, Cleveland-Cliffs's EPS has grown by 68.02%, rising from $3.44 to $5.78. For the next year, analysts predict that EPS will reach $14.19 – an increase of 145.57%. Over the next nine years, experts believe that Cleveland-Cliffs's EPS will grow at a rate of 1444.59%.

2022 EPS Forecast
$14.19
2023 EPS Forecast
$27.99
2024 EPS Forecast
$28.03
2025 EPS Forecast
$38.19
2026 EPS Forecast
$47.87
2027 EPS Forecast
$55.36
2028 EPS Forecast
$66.50
2029 EPS Forecast
$77.70
2030 EPS Forecast
$89.28
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CMC Stock Forecast Commercial Metals Outperform 16
$35.86 Buy/Sell $45.33 18.52%
ATI Stock Forecast Allegheny Technologies Buy 10
$27.86 Buy/Sell $33.14 20.24%
CSNA3 Stock Forecast Companhia Siderúrgica Naciona... Outperform 18
R$12.83 Buy/Sell R$56.50 117.30%