Cleveland-Cliffs Inc (NYSE:CLF) Price Forecast For The Next 12 Months Is Set At 11.

In last trading session, Cleveland-Cliffs Inc (NYSE:CLF) saw 14.93 million shares changing hands with its beta currently measuring 1.94. Company’s recent per share price level of $7.43 trading at -$0.11 or -1.46% at ring of the bell on the day assigns it a market valuation of $3.68B. That closing price of CLF’s stock is at a discount of -143.61% from its 52-week high price of $18.10 and is indicating a premium of 16.96% from its 52-week low price of $6.17.

For Cleveland-Cliffs Inc (CLF), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.47. Splitting up the data highlights that, out of 15 analysts covering the stock, 3 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Cleveland-Cliffs Inc (NYSE:CLF) trade information

Upright in the red during last session for losing -1.46%, in the last five days CLF remained trading in the green while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $7.43 price level, adding 6.66% to its value on the day. Cleveland-Cliffs Inc’s shares saw a change of -20.96% in year-to-date performance and have moved 3.92% in past 5-day. Cleveland-Cliffs Inc (NYSE:CLF) showed a performance of 3.77% in past 30-days.

Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a rise of 32.45% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 11. It follows that stock’s current price would drop -48.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of -48.05% for stock’s current value.

Cleveland-Cliffs Inc (NYSE:CLF)’s Major holders

BLACKROCK INC. is the top institutional holder at CLF for having 51.42 million shares of worth $791.31 million. And as of 2024-06-30, it was holding 10.8704 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 46.89 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.914 of outstanding shares, having a total worth of $721.69 million.

On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025, the former fund manager was holding 15.79 shares of worth $117.31 million or 3.19% of the total outstanding shares. The later fund manager was in possession of 15.57 shares on Dec 31, 2024, making its stake of worth around $115.68 million in the company or a holder of 3.15% of company’s stock.