Cleveland-Cliffs price target raised to $10 from $9 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Cleveland-Cliffs (CLF) to $10 from $9 and keeps a Neutral rating on the shares. The firm’s steel price outlook is revised higher
Fiscal Year: January - December
Cleveland-Cliffs Inc. (CLF), listed on the NYSE, has a market capitalization of $6.07B. As of May 08, 2026, the stock is trading at $10.65 per share@else an unavailable price , offering investors a clear view of its current market value. Cleveland-Cliffs Inc. is a prominent player in the industry sector, attracting both institutional and retail investors due to its performance and potential.
With a P/E ratio of N/A , investors can assess the stock's valuation in comparison to its earnings. A P/E ratio is a crucial indicator for value investors, showing whether the stock is over or undervalued relative to its current earnings. Cleveland-Cliffs Inc. also offers a dividend yield of N/A , making it an attractive option for income-focused investors who seek regular dividends.
Our Discounted Cash Flow (DCF) analysis reveals that Cleveland-Cliffs Inc. (CLF) may be overvalued compared to its intrinsic worth. However, to see the exact DCF fair value, please Login or Upgrade for access.
The proprietary SS Score for Cleveland-Cliffs Inc. is a unique metric that analyzes the company's financial health and growth potential. The score takes into account critical factors such as revenue growth, net income, free cash flow (FCF) compound annual growth rate (CAGR), the trend of shares outstanding, and the debt-to-FCF ratio. This helps investors to make a more informed decision, as an undervalued stock might still have poor financial fundamentals.
To view the detailed SS Score for Cleveland-Cliffs Inc., Login or Upgrade for access.
The Price to Free Cash Flow (P/FCF) ratio for Cleveland-Cliffs Inc. is N/A , offering insights into how much investors are paying for the company's free cash flow. A lower P/FCF ratio typically suggests that the stock is undervalued, while a higher ratio may indicate overvaluation.
In summary, Cleveland-Cliffs Inc. (CLF) has shown consistent financial performance, as illustrated by the financial charts above, which track its revenue growth, net income, free cash flow, and shares outstanding over the past several years. These metrics provide investors with key insights into the company's past and projected future performance. Investors should use the SS Score alongside the DCF Fair Value to make better-informed decisions about whether to buy or hold the stock.
*This analysis is for informational purposes only and does not constitute investment advice. Always read the company's 10-K filings and do your own research before making any investment decisions.
Whether Cleveland-Cliffs Inc. (CLF) is a good stock to buy depends on various factors, including its financial health, market conditions, and your investment strategy. Our analysis indicates that the stock may be overvalued compared to its intrinsic value. However, it is important to assess the SS Score and review the company's fundamentals before making any investment decisions.
The fair value of Cleveland-Cliffs Inc. (CLF) is determined through our Discounted Cash Flow (DCF) analysis. This value represents the intrinsic worth of the stock based on its expected future cash flows. To view the specific fair value, consider subscribing to our service for complete access.
The SS Score is a proprietary financial quality metric that assesses factors such as revenue growth, net income, free cash flow growth, and debt levels. It helps investors evaluate the overall financial health of Cleveland-Cliffs Inc.. To access the full SS Score, consider upgrading your subscription.
Cleveland-Cliffs Inc. is a significant player in the industry sector, with a market capitalization of $6.07B and a competitive P/E ratio of N/A . Investors should compare these metrics with industry peers to gauge whether Cleveland-Cliffs Inc. is outperforming or underperforming within its sector.
Goldman Sachs raised the firm’s price target on Cleveland-Cliffs (CLF) to $10 from $9 and keeps a Neutral rating on the shares. The firm’s steel price outlook is revised higher
Moderately bullish activity in Cleveland-Cliffs (CLF), with shares up 14c, or 1.42%, near $10.37. Options volume relatively light with 23k contracts traded and calls leading puts for a put/call ratio
Cleveland-Cliffs (CLF) announced it has entered a strategic partnership with Palantir Technologies (PLTR) to deploy advanced AI-driven solutions across its footprint. The recently executed three-year ...
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced it has entered a strategic partnership with Palantir Technologies to deploy advanced AI‑driven solutions across its footpr...
Moderately bullish activity in Cleveland-Cliffs (CLF), with shares up 70c, or 7.65%, near $9.79. Options volume nearly triple the daily average with 168k contracts traded and calls leading puts for
Morgan Stanley lowered the firm’s price target on Cleveland-Cliffs (CLF) to $12 from $16.80 and keeps an Overweight rating on the shares. The firm is updating its estimates following Q1
Citi lowered the firm’s price target on Cleveland-Cliffs (CLF) to $11 from $13 and keeps a Neutral rating on the shares. The firm views the company’s cost guidance as disappointing.
Says clear signs of positive trends forming. Says order book full, with automotive OEM’s booking more. Says Canada market oversupplied due to dumping. Says rising energy costs the biggest one-time
Sees positive free cash flow in Q2 and strong free cash flow generation in 2H26. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try
Expects Q2 shipments to improve and remain above 4.1M tons. Expects automotive shipments to increase in Q2. Says “no longer in a hurry” to complete Posco deal. “Confident” that all
Says volumes expected to increase from Q1 to Q2 as demand continues to improve. Says mix expected to continue to shift to higher-margin business in Q2. Comments taken from investor
Says under contract, closed, or agreements in principle for 8 non-EBITDA contributing assets. Total value for these deals is $425M, with about $70M received to date. Says 100% of net
Says leverage target is 2.5x. Says committed to utilizing 100% of cash flow towards debt repayment. Capital allocation priorities are as follows: Debt reduction is number one priority; Maintain ample
Today, several major companies are expected to report earnings: Alaska Air (ALK), AGNC Investment (AGNC), Bank Of Hawaii (BOH), Cleveland-Cliffs (CLF), Dynex Capital (DX), Steel Dynamics (STLD), Wintr...
Represents a 338,000 increase from the prior quarter. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by
CEO Lourenco Goncalves said: “Trade enforcement in the United States is working exactly as intended, with steel imports at their lowest levels since the global financial crisis. Recent actions related
Cliffs says it will only proceed at “full and fair value to shareholders.” Cliffs also notes that it has zero note maturities from 2026-2028 following October 2025 redemption. Comments taken
The company maintains the following previously guided expectations for the full-year 2026, including: Steel shipment volumes maintained at approximately 16.5-17.0 million net tons; Capital expenditure...
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2026. First-Quarter Consolidated Results Steel shipments of 4.1 millio...
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce first-quarter 2026 earnings results before the U.S. market open on Monday, April 20, 2026. The Company invites interested pa...
Cleveland-Cliffs (CLF) – a producer of flat-rolled steel and tubular components in North America – experienced a 9-day decline, resulting in total losses of -26%. The company's market capitalization h...
LOS ANGELES, March 12, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Cleveland-Cliffs , Inc., (“Cleveland-Cliffs" or the "Company") (NYSE:CLF) investors that the firm has initiated an investig...
Cleveland-Cliffs' (NYSE:CLF) financial results through 2025 presented a difficult scenario for investors and the overall steel industry. The company disclosed fourth-quarter revenue of approximately $...
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced the appointment of Ralph “Mike” Michael III as Lead Independent Director of the Company's Board of Directors, effective im...
Below estimates were sourced from SimplyWallSt and are intended for educational purposes only as a baseline for the analysis.
| Year | FCF Estimate | % | # Analysts |
|---|---|---|---|
| 2026 | -297.00M | Analyst x3 | |
| 2027 | 302.85M | -201.97% | Analyst x2 |
| 2028 | 333.50M | 10.12% | Analyst x2 |
| 2029 | 352.84M | 5.80% | Est @5.8% |
| 2030 | 369.09M | 4.60% | Est @4.6% |
| 2031 | 383.93M | 4.02% | Est @4.0% |
| 2032 | 397.78M | 3.61% | Est @3.6% |
| 2033 | 411.00M | 3.32% | Est @3.3% |
| 2034 | 422.96M | 2.91% | Est @2.9% |
| 2035 | 434.75M | 2.79% | Est @2.8% |
Below are the FCF estimates with the discount factor and the calculated present value with the terminal value that led the results above.
| Year | FCF | Discount Factor | PV of Future FCF |
|---|---|---|---|
| 2024A | -590.00M | 1.00 | -590.00M |
| 2025A | -1.02B | 1.00 | -1.02B |
| 2026E | -297.00M | 1.09 | -273.22M |
| 2027E | 302.85M | 1.18 | 256.29M |
| 2028E | 333.50M | 1.28 | 259.63M |
| 2029E | 352.84M | 1.40 | 252.69M |
| 2030E | 369.09M | 1.52 | 243.16M |
| 2031E | 383.93M | 1.65 | 232.68M |
| 2032E | 397.78M | 1.79 | 221.77M |
| 2033E | 411.00M | 1.95 | 210.79M |
| 2034E | 422.96M | 2.12 | 199.56M |
| 2035E | 434.75M | 2.30 | 188.69M |
| Terminal | 7.18B | 2.30 | 3.12B |
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