Cleveland-Cliffs Stock Forecast for 2023 - 2025 - 2030

Updated on 04/19/2024

Stock Rating
17
Price Target
$21.75
Consensus
Neutral
Upside
4.52%
Analysts
1
Stock Rating
17
Upside
4.52%
Analysts
1
Price Target
$21.75

Cleveland-Cliffs Stock Forecast and Price Target

If the average price target of $21.75 set by distinguished experts for Cleveland-Cliffs over the past few weeks is reached this year, there would be a potential upside of approximately 4.52% from the last closing price in April, 2024. This potential increase is based on a high estimate of $25.00 and a low estimate of $16.50. If you're interested in investing in this company, why not also look at its competitors to see how they are doing?

$21.75

4.52% Upside

Hold
Hold

Cleveland-Cliffs Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Cleveland-Cliffs's Price has grown by 100.00%, rising from $0.00 to $0.00. For the next year, analysts predict that Fair Value will reach $8.76 – an increase of 100.00%. Over the next seven years, experts believe that Cleveland-Cliffs's Fair Value will grow at a rate of 100.00%.

2024 Fair Value Forecast
$8.76
2025 Fair Value Forecast
$10.33
2026 Fair Value Forecast
$11.61
2027 Fair Value Forecast
$6.73
2028 Fair Value Forecast
$7.77
2029 Fair Value Forecast
$9.01
2030 Fair Value Forecast
$10.38
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GLEN Stock Forecast Glencore Outperform 2
£4.74 Buy/Sell £6.66 34.60%
VALE3 Stock Forecast Vale Outperform 5
R$63.36 Buy/Sell R$19.16 -75.05%

Cleveland-Cliffs Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Cleveland-Cliffs's Revenue has grown by 310.83%, rising from $5.35B to $22.00B. In the following year, the 7 analysts surveyed believe that Cleveland-Cliffs's Revenue will decrease by 2.03%, reaching $21.55B. Over the next seven years, experts believe that Cleveland-Cliffs's Revenue will grow at a rate of 0.47%.

2024 Rev Forecast
$21.55B
2025 Rev Forecast
$21.06B
2026 Rev Forecast
$22.68B
2027 Rev Forecast
$22.47B
2028 Rev Forecast
$22.18B
2029 Rev Forecast
$21.82B
2030 Rev Forecast
$22.10B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
FMG Stock Forecast Fortescue Metals Group Underperform 0
$24.60 Buy/Sell $14.12 -39.80%
NUE Stock Forecast Nucor Outperform 10
$191.36 Buy/Sell $176.56 4.52%
AAL Stock Forecast Anglo American Outperform 18
£21.79 Buy/Sell £36.00 24.64%

Cleveland-Cliffs Dividend per Share Forecast for 2023 - 2025 - 2030

In the last zero years, Cleveland-Cliffs's Dividend per Share has decreased from $0.06 to $0.06 – a 0.00% drop! The next year, 4 experts forecast that Cleveland-Cliffs's Dividend per Share will decrease by 100.00%, reaching $0.00. In 2030, professionals predict that Cleveland-Cliffs's Dividend per Share will decrease by 100.00%, reaching $0.00.

2024 DPS Forecast
$0.00
2025 DPS Forecast
$0.00
2026 DPS Forecast
$0.00
2027 DPS Forecast
$0.00
2028 DPS Forecast
$0.00
2029 DPS Forecast
$0.00
2030 DPS Forecast
$0.00
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
500228 Stock Forecast JSW Steel Hold 18
Rp865.25 Buy/Sell Rp775.93 -0.61%
500470 Stock Forecast Tata Steel Outperform 18
Rp162.10 Buy/Sell Rp134.68 -8.08%
STLD Stock Forecast Steel Dynamics Hold 18
$136.90 Buy/Sell $110.98 -10.15%

Cleveland-Cliffs Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$1.11B
2025 FCF Forecast
$1.30B
2025 FCF Forecast
$1.30B
2026 FCF Forecast
$1.57B
2027 FCF Forecast
$1.41B
2028 FCF Forecast
$1.38B
2029 FCF Forecast
$1.36B
2030 FCF Forecast
$1.43B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
600019 Stock Forecast Baoshan Iron & Steel Buy 18
¥7.36 Buy/Sell ¥7.69 1.90%
5401 Stock Forecast Nippon Steel Outperform 12
¥3.50k Buy/Sell ¥3.81k 15.65%
MT Stock Forecast ArcelorMittal Outperform 17
23.83€ Buy/Sell 32.16€ 35.25%

Cleveland-Cliffs EBITDA Forecast for 2023 - 2025 - 2030

Cleveland-Cliffs's EBITDA has seen growth In the last three years, going from $535.00M to $1.93B – a gain of 260.37% In the next year, analysts believe that EBITDA will reach $2.38B – an increase of 23.43%. For the next seven years, the forecast is forEBITDA to grow by 37.59%.

2024 EBITDA Forecast
$2.38B
2025 EBITDA Forecast
$2.57B
2026 EBITDA Forecast
$2.72B
2027 EBITDA Forecast
$2.78B
2028 EBITDA Forecast
$2.64B
2029 EBITDA Forecast
$2.62B
2030 EBITDA Forecast
$2.65B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
RS Stock Forecast Reliance Steel & Aluminum Outperform 18
$319.49 Buy/Sell $292.00 12.21%
ZM Stock Forecast Zoom Video Communications Hold 16
$59.45 Buy/Sell $79.36 29.86%
MAS Stock Forecast Masco Outperform 18
$71.91 Buy/Sell $69.39 9.86%

Cleveland-Cliffs EBIT Forecast for 2023 - 2025 - 2030

In the last three years, EBIT for Cleveland-Cliffs has grown by 320.70%, going from $227.00M to $955.00M. In the coming year, analysts are expecting an increase in EBIT, predicting it will reach $1.39B – an increase of 45.51%. Over the next seven years, experts anticipate that EBIT growth for Cleveland-Cliffs will be 55.06%.

2024 EBIT Forecast
$1.39B
2025 EBIT Forecast
$1.40B
2026 EBIT Forecast
$1.63B
2027 EBIT Forecast
$1.38B
2028 EBIT Forecast
$1.39B
2029 EBIT Forecast
$1.41B
2030 EBIT Forecast
$1.48B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
AMS Stock Forecast Anglo American Platinum Hold 18
R780.35 Buy/Sell R893.40 -6.71%
KIO Stock Forecast Kumba Iron Ore Hold 16
R478.56 Buy/Sell R441.17 -4.82%
SSAB A Stock Forecast SSAB AB (publ) Outperform 16
kr63.92 Buy/Sell kr84.67 23.59%

Cleveland-Cliffs EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Cleveland-Cliffs's EPS has grown by 100.00%, rising from $-0.47 to $0.00. For the next year, analysts predict that EPS will reach $1.84 – an increase of 100.00%. Over the next seven years, experts believe that Cleveland-Cliffs's EPS will grow at a rate of 100.00%.

2024 EPS Forecast
$1.84
2025 EPS Forecast
$2.17
2026 EPS Forecast
$2.44
2027 EPS Forecast
$1.41
2028 EPS Forecast
$1.63
2029 EPS Forecast
$1.89
2030 EPS Forecast
$2.18
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
TX Stock Forecast Ternium Outperform 18
$43.19 Buy/Sell $48.77 15.77%
MIN Stock Forecast Mineral Resources Outperform 17
$68.24 Buy/Sell $69.34 3.68%
CHMF Stock Forecast Public Joint Stock Company Sev... - 9
руб0.06 Buy/Sell руб25.05 2353900.00%