Cleveland-Cliffs Stock Forecast for 2023 - 2025 - 2030

Updated on 09/27/2023

Stock Rating
17
Price Target
$21.75
Consensus
Outperform
Upside
47.96%
Analysts
0
Stock Rating
17
Upside
47.96%
Analysts
0
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 47.96% from the last closing price in September, 2023. This potential increase is based on a high estimate of $27.00 and a low estimate of $13.00. If you're interested in investing in this company, why not also look at its competitors to see how they are doing?

$21.75

47.96% Upside

Outperform
Outperform

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

In the last three years, Cleveland-Cliffs's Price has grown by 127.43%, rising from $2.26 to $5.14. For the next year, analysts predict that Fair Value will reach $11.26 – an increase of 119.07%. Over the next eight years, experts believe that Cleveland-Cliffs's Fair Value will grow at a rate of 111.45%.

2023 Fair Value Forecast
$11.26
2024 Fair Value Forecast
$9.85
2025 Fair Value Forecast
$12.64
2026 Fair Value Forecast
$10.02
2027 Fair Value Forecast
$10.63
2028 Fair Value Forecast
$10.57
2029 Fair Value Forecast
$11.31
2030 Fair Value Forecast
$10.87
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RIO Stock Forecast Rio Tinto Group Outperform 8
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VALE3 Stock Forecast Vale Outperform 8
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GLEN Stock Forecast Glencore Outperform 6
£451.75 £7.70 -98.22%
WM Stock Forecast Waste Management Inc Outperform 16
$155.68 $177.83 7.91%

Cleveland-Cliffs Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Cleveland-Cliffs's Revenue has grown by 1055.28%, rising from $1.99B to $22.99B. In the following year, the 0 analysts surveyed believe that Cleveland-Cliffs's Revenue will decrease by 49.24%, reaching $11.67B. According to professionals, by 2030, Cleveland-Cliffs's Revenue will have decreased by 27.85%, falling down to $16.59B.

2023 Rev Forecast
$11.67B
2024 Rev Forecast
$12.14B
2025 Rev Forecast
$15.46B
2026 Rev Forecast
$19.15B
2027 Rev Forecast
$16.30B
2028 Rev Forecast
$15.04B
2029 Rev Forecast
$15.37B
2030 Rev Forecast
$16.59B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
AAL Stock Forecast Anglo American Outperform 18
£2.21k £41.79 -98.13%
FMG Stock Forecast Fortescue Metals Group Underperform 16
$20.38 $12.06 -44.50%
NUE Stock Forecast Nucor Hold 5
$151.74 $139.98 -6.42%

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

In the last year, Cleveland-Cliffs's Dividend per Share has decreased from $0.23 to $0.06 – a 73.91% drop! In the next year, analysts predict that Dividend per Share will jump to $0.23 – up 283.33% from the current level. Looking ahead to ten years, experts forecast that Dividend per Share will grow by 487.93%.

2021 DPS Forecast
$0.23
2022 DPS Forecast
$0.33
2023 DPS Forecast
$0.53
2024 DPS Forecast
$0.28
2025 DPS Forecast
$0.30
2026 DPS Forecast
$0.35
2027 DPS Forecast
$0.43
2028 DPS Forecast
$0.37
2029 DPS Forecast
$0.35
2030 DPS Forecast
$0.35
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
MT Stock Forecast ArcelorMittal Buy 17
26.99€ 45.96€ 74.92%
AMS Stock Forecast Anglo American Platinum Outperform 18
R68.94k R1.91k -97.63%
STLD Stock Forecast Steel Dynamics Inc Hold 18
$102.82 $94.85 2.12%

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

Cleveland-Cliffs's Free Cash Flow has seen growth In the last three years, going from $-88.10M to $1694.00T – a gain of 1922815082.97% For the next year, 0 analysts project Cleveland-Cliffs's Free Cash Flow to drop by 108.80%, reaching $-149.02T. By 2030, professionals believe that Cleveland-Cliffs's Free Cash Flow will decrease by 1072.54%, reaching $-16474.80T – a concerning trend for the company.

2023 FCF Forecast
$-1.4901553333333E+14
2024 FCF Forecast
$-6.453117671E+14
2025 FCF Forecast
$-2.9251552194798E+15
2026 FCF Forecast
$-1.347463001336E+16
2027 FCF Forecast
$-3.0030458756441E+15
2028 FCF Forecast
$-4.9297000079282E+15
2029 FCF Forecast
$-8.7309916840417E+15
2030 FCF Forecast
$-1.6474799241674E+16
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
HWM Stock Forecast Howmet Aerospace Outperform 16
$44.71 $42.32 -3.82%
A005490 Stock Forecast POSCO Outperform 18
₩286.00k ₩467.40k 43.36%
RS Stock Forecast Reliance Steel & Aluminum Outperform 18
$260.18 $227.71 -11.22%

Cleveland-Cliffs Net Income Forecast for 2023 - 2025 - 2030

In the last three years, Cleveland-Cliffs's Net Income has seen an increase, rising from $292.80M to $1.38B. This represents a growth of 369.95%. Analysts predict that Cleveland-Cliffs's Net Income will increase in the upcoming year, reaching $3.00B. This would represent an increase of 117.69%. Over the next eight years, experts predict that Cleveland-Cliffs's Net Income will grow at a rate of 106.23%.

2023 NI Forecast
$3.00B
2024 NI Forecast
$2.59B
2025 NI Forecast
$3.27B
2026 NI Forecast
$2.62B
2027 NI Forecast
$2.79B
2028 NI Forecast
$2.77B
2029 NI Forecast
$2.95B
2030 NI Forecast
$2.84B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
MAS Stock Forecast Masco Corp Outperform 18
$52.63 $66.47 7.35%
BOL Stock Forecast Boliden AB (publ) Hold 18
kr408.65 kr377.62 -7.01%
GGBR4 Stock Forecast Gerdau Outperform 18
R$24.43 R$37.76 59.64%

Cleveland-Cliffs EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, EBITDA for Cleveland-Cliffs has grown by 512.15%, going from $520.30M to $3.19B. According to 0 prominent analysts, Cleveland-Cliffs's EBITDA will fall by 10.03% in the next year, reaching $2.87B. Over the next eight years, experts anticipate that EBITDA growth for Cleveland-Cliffs will be 2.04%.

2023 EBITDA Forecast
$2.87B
2024 EBITDA Forecast
$2.71B
2025 EBITDA Forecast
$3.43B
2026 EBITDA Forecast
$3.38B
2027 EBITDA Forecast
$3.22B
2028 EBITDA Forecast
$3.07B
2029 EBITDA Forecast
$3.18B
2030 EBITDA Forecast
$3.25B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
KIO Stock Forecast Kumba Iron Ore Underperform 16
R44.31k R622.67 -99.04%
AA Stock Forecast Alcoa Outperform 13
$25.86 $0.00 246.09%
X Stock Forecast United States Steel Hold 12
$31.57 $27.56 -23.98%

Cleveland-Cliffs EBIT Forecast for 2023 - 2025 - 2030

Cleveland-Cliffs's EBIT has grown in the last two years, jumping from $435.20M to $4.27B – an increase of 881.85%. In the following year, 0 experts forecast Cleveland-Cliffs's EBIT will decrease by 32.55%, to $2.88B. In 2030, professionals predict that Cleveland-Cliffs's EBIT will decrease by 27.20%, to $3.11B.

2022 EBIT Forecast
$2.88B
2023 EBIT Forecast
$3.32B
2024 EBIT Forecast
$2.66B
2025 EBIT Forecast
$3.19B
2026 EBIT Forecast
$3.14B
2027 EBIT Forecast
$3.24B
2028 EBIT Forecast
$3.04B
2029 EBIT Forecast
$3.09B
2030 EBIT Forecast
$3.11B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
CMC Stock Forecast Commercial Metals Co Outperform 8
$49.52 $56.14 12.08%
SSAB A Stock Forecast SSAB AB (publ) Outperform 16
kr60.38 kr59.23 27.53%
BSL Stock Forecast BlueScope Steel Outperform 18
$19.01 $27.10 26.25%

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

In the last three years, Cleveland-Cliffs's EPS has grown by 127.43%, rising from $1.13 to $2.57. For the next year, analysts predict that EPS will reach $5.63 – an increase of 119.07%. Over the next eight years, experts believe that Cleveland-Cliffs's EPS will grow at a rate of 111.45%.

2023 EPS Forecast
$5.63
2024 EPS Forecast
$4.92
2025 EPS Forecast
$6.32
2026 EPS Forecast
$5.01
2027 EPS Forecast
$5.32
2028 EPS Forecast
$5.29
2029 EPS Forecast
$5.65
2030 EPS Forecast
$5.43
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
CSNA3 Stock Forecast Companhia Siderúrgica Naciona... Outperform 18
R$12.00 R$56.50 132.33%
ATI Stock Forecast Allegheny Technologies Buy 10
$41.27 $33.14 -18.83%
WOR Stock Forecast Worthington Industries Hold 16
$68.42 $68.00 -31.31%