Cleveland-Cliffs (CLF) Stock Forecast, Price Target & Predictions
CLF Stock Forecast
Cleveland-Cliffs stock forecast is as follows: an average price target of $19.85 (represents a 51.41% upside from CLF’s last price of $13.11) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.
CLF Price Target
The average price target for Cleveland-Cliffs (CLF) is $19.85 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $10.13. This represents a potential 51.41% upside from CLF's last price of $13.11.
CLF Analyst Ratings
According to 18 Wall Street analysts, Cleveland-Cliffs's rating consensus is 'Buy'. The analyst rating breakdown for CLF stock is 0 'Strong Buy' (0.00%), 9 'Buy' (50.00%), 6 'Hold' (33.33%), 3 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Cleveland-Cliffs Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 27, 2024 | Martin Englert | Seaport Global | $16.50 | $13.85 | 19.18% | 25.86% |
| Jun 11, 2024 | Matthew Key | B.Riley Financial | $23.00 | $14.83 | 55.09% | 75.44% |
| Jun 06, 2024 | Gordon Johnson | GLJ Research | $10.13 | $16.09 | -37.02% | -22.73% |
| May 20, 2024 | Christopher LaFemina | Jefferies | $22.00 | $17.51 | 25.64% | 67.81% |
| Mar 28, 2024 | Gordon Johnson | GLJ Research | $27.20 | $22.64 | 20.14% | 107.48% |
| Sep 15, 2023 | Curt Woodworth | Credit Suisse | $25.00 | $14.62 | 71.00% | 90.69% |
| Sep 15, 2023 | Carlos De Alba | Morgan Stanley | $19.00 | $14.62 | 29.96% | 44.93% |
| Jan 12, 2023 | - | Morgan Stanley | $26.00 | $19.23 | 35.21% | 98.32% |
| Jul 27, 2022 | Gordon Johnson | GLJ Research | $13.44 | $16.34 | -17.75% | 2.52% |
| Jul 12, 2022 | Emily Chieng | Goldman Sachs | $24.00 | $15.09 | 59.05% | 83.07% |
The latest Cleveland-Cliffs stock forecast, released on Aug 27, 2024 by Martin Englert from Seaport Global, set a price target of $16.50, which represents a 19.18% increase from the stock price at the time of the forecast ($13.85), and a 25.86% increase from CLF last price ($13.11).
Cleveland-Cliffs Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $16.50 | $19.77 |
| Last Closing Price | $13.11 | $13.11 | $13.11 |
| Upside/Downside | -100.00% | 25.86% | 50.80% |
In the current month, the average price target of Cleveland-Cliffs stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cleveland-Cliffs's last price of $13.11. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Seaport Global | Buy | Buy | Hold |
| Aug 27, 2024 | Seaport Global | Neutral | Buy | Upgrade |
| Aug 15, 2024 | Johnson Rice | Buy | Buy | Hold |
| Jun 11, 2024 | Raymond James | Strong Buy | Market Perform | Downgrade |
| Jun 11, 2024 | Seaport Global | - | Neutral | Initialise |
| Jun 06, 2024 | Johnson Rice | Buy | Buy | Hold |
| Jun 06, 2024 | Jefferies | Underperform | Underperform | Hold |
| Jun 06, 2024 | GLJ Research | Buy | Sell | Downgrade |
| May 20, 2024 | Jefferies | Buy | Buy | Hold |
| May 20, 2024 | Jefferies | Hold | Buy | Initialise |
Cleveland-Cliffs's last stock rating was published by Seaport Global on Sep 10, 2024. The company gave CLF a "Buy" rating, the same as its previous rate.
Cleveland-Cliffs Financial Forecast
Cleveland-Cliffs Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.61B | $5.98B | $5.29B | $5.04B | $5.65B | $6.34B | $5.96B | $5.35B | $6.00B | $5.04B | $4.05B | $2.26B | $1.65B | $1.09B | $359.10M | $534.10M | $555.60M |
| Avg Forecast | $14.51B | $13.07B | $11.77B | $10.60B | $4.87B | $4.97B | $5.01B | $4.84B | $4.68B | $4.72B | $5.18B | $5.34B | $5.16B | $5.58B | $5.80B | $5.21B | $5.20B | $5.78B | $6.12B | $5.40B | $5.73B | $5.64B | $4.97B | $4.22B | $2.34B | $1.60B | $1.07B | $304.16M | $556.36M | $534.20M |
| High Forecast | $14.51B | $13.07B | $11.77B | $10.60B | $4.87B | $4.97B | $5.01B | $4.84B | $4.68B | $4.81B | $5.18B | $5.34B | $5.22B | $5.67B | $5.80B | $5.21B | $5.20B | $5.78B | $6.12B | $5.40B | $5.73B | $5.64B | $4.97B | $4.22B | $2.34B | $1.60B | $1.07B | $304.16M | $556.36M | $534.20M |
| Low Forecast | $14.51B | $13.07B | $11.77B | $10.60B | $4.87B | $4.97B | $5.01B | $4.84B | $4.68B | $4.62B | $5.18B | $5.34B | $5.11B | $5.46B | $5.80B | $5.21B | $5.20B | $5.78B | $6.12B | $5.40B | $5.73B | $5.64B | $4.97B | $4.22B | $2.34B | $1.60B | $1.07B | $304.16M | $556.36M | $534.20M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.03% | 1.02% | 0.97% | 0.98% | 1.03% | 1.10% | 0.93% | 1.06% | 1.02% | 0.96% | 0.96% | 1.03% | 1.02% | 1.18% | 0.96% | 1.04% |
Cleveland-Cliffs's average Quarter revenue forecast for Dec 23 based on 5 analysts is $5.16B, with a low forecast of $5.11B, and a high forecast of $5.22B. CLF's average Quarter revenue forecast represents a -8.02% decrease compared to the company's last Quarter revenue of $5.61B (Sep 23).
Cleveland-Cliffs EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $622.00M | $784.00M | $263.00M | $130.00M | $472.00M | $1.14B | $1.44B | $1.42B | $1.93B | $1.29B | $359.00M | $245.70M | $108.20M | $-2.80M | $-38.10M | $104.40M | $143.20M |
| Avg Forecast | $2.32B | $2.09B | $1.88B | $1.69B | $778.09M | $793.78M | $800.18M | $773.05M | $747.86M | $754.73M | $827.94M | $1.60B | $823.90M | $891.26M | $926.15M | $1.46B | $-1.22B | $923.50M | $978.72M | $1.33B | $915.13M | $901.35M | $793.74M | $460.17M | $374.33M | $256.26M | $170.71M | $-58.91M | $88.91M | $85.37M |
| High Forecast | $2.32B | $2.09B | $1.88B | $1.69B | $778.09M | $793.78M | $800.18M | $773.05M | $747.86M | $769.03M | $827.94M | $1.92B | $833.48M | $906.59M | $926.15M | $1.75B | $-977.50M | $923.50M | $978.72M | $1.59B | $915.13M | $901.35M | $793.74M | $552.21M | $374.33M | $256.26M | $170.71M | $-47.13M | $88.91M | $85.37M |
| Low Forecast | $2.32B | $2.09B | $1.88B | $1.69B | $778.09M | $793.78M | $800.18M | $773.05M | $747.86M | $738.84M | $827.94M | $1.28B | $815.91M | $872.37M | $926.15M | $1.17B | $-1.47B | $923.50M | $978.72M | $1.06B | $915.13M | $901.35M | $793.74M | $368.14M | $374.33M | $256.26M | $170.71M | $-70.69M | $88.91M | $85.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | 0.85% | 0.18% | -0.11% | 0.51% | 1.16% | 1.09% | 1.55% | 2.14% | 1.62% | 0.78% | 0.66% | 0.42% | -0.02% | 0.65% | 1.17% | 1.68% |
5 analysts predict CLF's average Quarter EBITDA for Dec 23 to be $823.90M, with a high of $833.48M and a low of $815.91M. This is 32.46% upper than Cleveland-Cliffs's previous annual EBITDA (Sep 23) of $622.00M.
Cleveland-Cliffs Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $264.00M | $347.00M | $-43.00M | $-205.00M | $152.00M | $596.00M | $801.00M | $898.00M | $1.27B | $780.00M | $41.00M | $64.00M | $-10.00M | $-123.90M | $-52.10M | $63.20M | $90.90M |
| Avg Forecast | $274.92M | $274.92M | $270.18M | $270.18M | $84.63M | $91.99M | $62.26M | $10.40M | $-131.40M | $-147.69M | $-2.70M | $907.35M | $-22.23M | $203.46M | $327.27M | $824.86M | $1.16B | $232.66M | $626.01M | $749.87M | $998.72M | $1.05B | $710.82M | $52.55M | $94.19M | $-46.25M | $-250.19M | $-42.33M | $119.61M | $138.98M |
| High Forecast | $274.92M | $274.92M | $270.18M | $270.18M | $84.63M | $91.99M | $62.26M | $10.40M | $-131.40M | $-133.40M | $-2.70M | $1.09B | $-6.35M | $298.08M | $327.27M | $989.83M | $1.39B | $232.66M | $626.01M | $899.85M | $998.72M | $1.05B | $710.82M | $63.07M | $94.19M | $-46.25M | $-250.19M | $-33.87M | $119.61M | $138.98M |
| Low Forecast | $274.92M | $274.92M | $270.18M | $270.18M | $84.63M | $91.99M | $62.26M | $10.40M | $-131.40M | $-157.22M | $-2.70M | $725.88M | $-41.29M | $118.29M | $327.27M | $659.89M | $927.10M | $232.66M | $626.01M | $599.90M | $998.72M | $1.05B | $710.82M | $42.04M | $94.19M | $-46.25M | $-250.19M | $-50.80M | $119.61M | $138.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.06% | -0.05% | -0.18% | 0.65% | 0.95% | 1.07% | 0.90% | 1.21% | 1.10% | 0.78% | 0.68% | 0.22% | 0.50% | 1.23% | 0.53% | 0.65% |
Cleveland-Cliffs's average Quarter net income forecast for Dec 23 is $-22.23M, with a range of $-41.29M to $-6.35M. CLF's average Quarter net income forecast represents a -108.42% decrease compared to the company's last Quarter net income of $264.00M (Sep 23).
Cleveland-Cliffs SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $144.00M | $149.00M | $127.00M | $116.00M | $124.00M | $107.00M | $122.00M | $111.00M | $112.00M | $104.00M | $95.00M | $94.80M | $59.60M | $62.10M | $26.10M | $37.20M | $25.50M |
| Avg Forecast | $501.18M | $451.35M | $406.47M | $366.05M | $168.15M | $171.54M | $172.93M | $167.07M | $161.62M | $163.11M | $178.93M | $138.20M | $178.05M | $192.61M | $200.15M | $125.63M | $137.14M | $199.58M | $211.51M | $114.21M | $197.77M | $194.79M | $171.53M | $121.77M | $80.90M | $55.38M | $36.89M | $21.21M | $19.21M | $18.45M |
| High Forecast | $501.18M | $451.35M | $406.47M | $366.05M | $168.15M | $171.54M | $172.93M | $167.07M | $161.62M | $166.20M | $178.93M | $165.84M | $180.12M | $195.92M | $200.15M | $150.76M | $164.56M | $199.58M | $211.51M | $137.06M | $197.77M | $194.79M | $171.53M | $146.13M | $80.90M | $55.38M | $36.89M | $25.45M | $19.21M | $18.45M |
| Low Forecast | $501.18M | $451.35M | $406.47M | $366.05M | $168.15M | $171.54M | $172.93M | $167.07M | $161.62M | $159.67M | $178.93M | $110.56M | $176.33M | $188.53M | $200.15M | $100.51M | $109.71M | $199.58M | $211.51M | $91.37M | $197.77M | $194.79M | $171.53M | $97.42M | $80.90M | $55.38M | $36.89M | $16.96M | $19.21M | $18.45M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% | 0.74% | 1.01% | 0.85% | 0.62% | 0.51% | 1.07% | 0.56% | 0.57% | 0.61% | 0.78% | 1.17% | 1.08% | 1.68% | 1.23% | 1.94% | 1.38% |
Cleveland-Cliffs's average Quarter SG&A projection for Dec 23 is $178.05M, based on 5 Wall Street analysts, with a range of $176.33M to $180.12M. The forecast indicates a 23.65% rise compared to CLF last annual SG&A of $144.00M (Sep 23).
Cleveland-Cliffs EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.52 | $0.68 | $-0.08 | $-0.39 | $0.30 | $1.14 | $1.54 | $1.79 | $2.46 | $1.40 | $0.08 | $0.15 | $-0.02 | $-0.31 | $-0.18 | $0.23 | $0.34 |
| Avg Forecast | $0.58 | $0.58 | $0.57 | $0.57 | $0.18 | $0.19 | $0.13 | $0.02 | $-0.28 | $-0.31 | $-0.01 | $0.22 | $-0.05 | $0.43 | $0.69 | $-0.20 | $-0.34 | $0.49 | $1.32 | $1.46 | $2.11 | $2.22 | $1.50 | $0.35 | $0.20 | $-0.10 | $-0.53 | $-0.18 | $0.25 | $0.29 |
| High Forecast | $0.58 | $0.58 | $0.57 | $0.57 | $0.18 | $0.19 | $0.13 | $0.02 | $-0.28 | $-0.28 | $-0.01 | $0.22 | $-0.01 | $0.63 | $0.69 | $-0.20 | $-0.34 | $0.49 | $1.32 | $1.48 | $2.11 | $2.22 | $1.50 | $0.35 | $0.20 | $-0.10 | $-0.53 | $-0.18 | $0.25 | $0.29 |
| Low Forecast | $0.58 | $0.58 | $0.57 | $0.57 | $0.18 | $0.19 | $0.13 | $0.02 | $-0.28 | $-0.33 | $-0.01 | $0.22 | $-0.09 | $0.25 | $0.69 | $-0.20 | $-0.34 | $0.49 | $1.32 | $1.45 | $2.11 | $2.22 | $1.50 | $0.35 | $0.20 | $-0.10 | $-0.53 | $-0.18 | $0.25 | $0.29 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 0.98% | 0.42% | 1.13% | 0.61% | 0.86% | 1.05% | 0.85% | 1.11% | 0.93% | 0.23% | 0.75% | 0.20% | 0.59% | 0.98% | 0.91% | 1.16% |
According to 5 Wall Street analysts, Cleveland-Cliffs's projected average Quarter EPS for Dec 23 is $-0.05, with a low estimate of $-0.09 and a high estimate of $-0.01. This represents a -109.02% decrease compared to CLF previous annual EPS of $0.52 (Sep 23).
Cleveland-Cliffs Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SCHN | Schnitzer Steel Industries | $33.20 | $215.00 | 547.59% | - |
| GGB | Gerdau | $3.11 | $5.00 | 60.77% | Buy |
| CLF | Cleveland-Cliffs | $13.11 | $19.85 | 51.41% | Buy |
| MT | ArcelorMittal | $24.81 | $36.87 | 48.61% | Buy |
| TX | Ternium | $34.25 | $50.00 | 45.99% | Buy |
| PKX | POSCO | $62.01 | $77.00 | 24.17% | Hold |
| CMC | Commercial Metals Company | $53.96 | $59.75 | 10.73% | Buy |
| NUE | Nucor | $142.60 | $150.11 | 5.27% | Hold |
| STLD | Steel Dynamics | $133.58 | $134.00 | 0.31% | Buy |
| RS | Reliance Steel & Aluminum | $289.04 | $277.50 | -3.99% | Buy |
| X | United States Steel | $38.26 | $36.07 | -5.72% | Buy |
CLF Forecast FAQ
Is Cleveland-Cliffs a good buy?
Yes, according to 18 Wall Street analysts, Cleveland-Cliffs (CLF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 50.00% of CLF's total ratings.
What is CLF's price target?
Cleveland-Cliffs (CLF) average price target is $19.85 with a range of $10.13 to $25, implying a 51.41% from its last price of $13.11. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Cleveland-Cliffs stock go up soon?
According to Wall Street analysts' prediction for CLF stock, the company can go up by 51.41% (from the last price of $13.11 to the average price target of $19.85), up by 90.69% based on the highest stock price target, and down by -22.73% based on the lowest stock price target.
Can Cleveland-Cliffs stock reach $20?
CLF's highest twelve months analyst stock price target of $25 supports the claim that Cleveland-Cliffs can reach $20 in the near future.
What are Cleveland-Cliffs's analysts' financial forecasts?
Cleveland-Cliffs's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $19.68B (high $19.68B, low $19.68B), average EBITDA is $3.15B (high $3.15B, low $3.15B), average net income is $249.27M (high $249.27M, low $249.27M), average SG&A $679.69M (high $679.69M, low $679.69M), and average EPS is $0.526 (high $0.526, low $0.526). CLF's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $49.95B (high $49.95B, low $49.95B), average EBITDA is $7.98B (high $7.98B, low $7.98B), average net income is $1.09B (high $1.09B, low $1.09B), average SG&A $1.73B (high $1.73B, low $1.73B), and average EPS is $2.3 (high $2.3, low $2.3).
Did the CLF's actual financial results beat the analysts' financial forecasts?
Based on Cleveland-Cliffs's last annual report (Dec 2022), the company's revenue was $22.99B, beating the average analysts forecast of $22.5B by 2.16%. Apple's EBITDA was $3.18B, beating the average prediction of $2.01B by 58.78%. The company's net income was $1.34B, missing the average estimation of $2.77B by -51.76%. Apple's SG&A was $465M, missing the average forecast of $662.44M by -29.81%. Lastly, the company's EPS was $2.57, missing the average prediction of $2.93 by -12.29%. In terms of the last quarterly report (Sep 2023), Cleveland-Cliffs's revenue was $5.6B, beating the average analysts' forecast of $5.58B by 0.50%. The company's EBITDA was $622M, missing the average prediction of $891.26M by -30.21%. Cleveland-Cliffs's net income was $264M, beating the average estimation of $203.46M by 29.76%. The company's SG&A was $144M, missing the average forecast of $192.61M by -25.24%. Lastly, the company's EPS was $0.52, beating the average prediction of $0.429 by 21.15%