Cleveland-Cliffs Inc [NYSE: CLF] price plunged by -0.40 percent to reach at $30669992.55.
A sum of 37148924 shares traded at recent session while its average daily volume was at 30.67M shares. Cleveland-Cliffs Inc shares reached a high of $7.49 and dropped to a low of $7.01 until finishing in the latest session at $30670000.0.
The one-year CLF stock forecast points to a potential downside of -380049466.29. The average equity rating for CLF stock is currently 3.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Cleveland-Cliffs Inc [CLF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CLF shares is $8.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CLF stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Cleveland-Cliffs Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 29, 2025. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on December 02, 2024, representing the official price target for Cleveland-Cliffs Inc stock. Previously, the target price had yet another raise to $16.50, while Seaport Research Partners analysts kept a Buy rating on CLF stock. On June 11, 2024, analysts decreased their price target for CLF shares from 23 to 17.
The Price to Book ratio for the last quarter was 0.59, with the Price to Cash per share for the same quarter was set at 0.12.
CLF Stock Performance Analysis:
Cleveland-Cliffs Inc [CLF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.30. With this latest performance, CLF shares gained by 24.92% in over the last four-week period, additionally sinking by -20.81% over the last 6 months – not to mention a drop of -21.06% in the past year of trading.
Insight into Cleveland-Cliffs Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Cleveland-Cliffs Inc [CLF] shares currently have an operating margin of -5.38% and a Gross Margin at -2.35%. Cleveland-Cliffs Inc’s Net Margin is presently recorded at -6.35%.
Return on Equity for this stock declined to -6.21%, with Return on Assets sitting at -6.21%.
Cleveland-Cliffs Inc [CLF] Institutonal Ownership Details
There are presently around $74.64%, or 75.86% of CLF stock, in the hands of institutional investors. The top three institutional holders of CLF stocks are: BLACKROCK INC. with ownership of 51.42 million shares, which is approximately 10.8704%. VANGUARD GROUP INC, holding 46.89 million shares of the stock with an approximate value of $$721.69 million in CLF stocks shares; and VANGUARD GROUP INC, currently with $$354.65 million in CLF stock with ownership which is approximately 4.8719%.
