Steel Mill Fears Create a Buying Opportunity in Cleveland-Cliffs Stock
Wells Fargo upgraded Cleveland-Cliffs, saying near-term earnings could beat expectations even as a planned Iowa steel mill raises concerns about future supply.
CLF - Cleveland-Cliffs Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$11.93
DETAILS
HIGH:
$17.48
LOW:
$9.00
MEDIAN:
$11.50
CONSENSUS:
$11.93
DOWNSIDE:
2.61%
Stock News
Cleveland-Cliffs to Host U.S. Secretary of Energy Chris Wright and Other Government Officials at Butler Works to Showcase GOES Expansion Project
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) announced today that it is hosting Chris Wright, U.S. Secretary of Energy; Audrey Robertson, Assistant Secretary of Energy; and William Kimmitt, Under Secretary of Commerce, at its Butler Works facility on Tuesday, October 6, to showcase the Company's previously announced Grain Oriented Electrical Steel (GOES) expansion project. The visit will highlight Cleveland-Cliffs' $200 million investment in Butler Works, supported by.
Cleveland-Cliffs Jumps 10% as Stelco Fallout Fades Before October 19 Earnings; Nucor and Steel Dynamics Rise 5%
U.S. steel stocks are rallying, led by Cleveland-Cliffs (NYSE:CLF | CLF Price Prediction), which is recovering ground lost after its Stelco announcement in late September. Cleveland-Cliffs stock is up 10% to $12.
Investors Heavily Search Cleveland-Cliffs Inc. (CLF): Here is What You Need to Know
Cleveland-Cliffs (CLF) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Cleveland-Cliffs to Announce Third-Quarter 2026 Earnings Results and Host Conference Call on October 19
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce third-quarter 2026 earnings results before the U.S. market open on Monday, October 19, 2026.The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on the same morning, October 19, 2026, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that a.
“Cleveland-Cliffs Rises 3% as Steel-Stock Selloff Subsides; Nucor and Steel Dynamics Tick Higher
Cleveland-Cliffs (NYSE:CLF | CLF Price Prediction) stock rose 3% to $11.32 on Wednesday as the recent steel-stock selloff subsided. Nucor (NYSE:NUE) shares ticked higher by 0.4% to $236.62, while Steel Dynamics (NASDAQ:STLD) stock advanced 0.81% to $223.16.
A $15 Billion Iowa Steel Mill Is Coming. What It Means for Nucor and Cleveland-Cliffs
A $15 billion foreign-owned steel mill is rising in Iowa, and the moment its first steel ships in 2030, it will reshape the competitive landscape for two of America's biggest steelmakers in very different ways.
Why Cleveland-Cliffs (CLF) Dipped More Than Broader Market Today
Cleveland-Cliffs (CLF) concluded the recent trading session at $11.22, signifying a -7.88% move from its prior day's close.
Is Cleveland-Cliffs Inc (CLF) a Bargain After 7.9% Drop? GF Value Says Undervalued
On September 28, 2026, Cleveland-Cliffs Inc (CLF) shares fell 7.9% today, bringing the current price to $11.22. The stock has traded within a 52-week range of $
Cleveland-Cliffs Sinks 9% as Selloff Outruns Steel Group; Nucor and Steel Dynamics Pull Back
Selling in Cleveland-Cliffs (NYSE:CLF | CLF Price Prediction) shares is running far ahead of the rest of the steel group, and the size of that gap carries the story. Cleveland-Cliffs stock is down 9% to $11.
Cleveland-Cliffs Jumps 5% as Month-Long Rebound Extends; Nucor and Steel Dynamics Tick Up
Shares of Cleveland-Cliffs (NYSE:CLF | CLF Price Prediction) are climbing again on Tuesday, extending a month-long rebound in the U.S. steel complex. Cleveland-Cliffs stock is at $12.69, up 5% in Tuesday afternoon trading.
Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: Here's Why
Cleveland-Cliffs (CLF) concluded the recent trading session at $12.07, signifying a -3.44% move from its prior day's close.
Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: What You Should Know
The latest trading day saw Cleveland-Cliffs (CLF) settling at $12.5, representing a -2.04% change from its previous close.
Here is What to Know Beyond Why Cleveland-Cliffs Inc. (CLF) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Cleveland-Cliffs (CLF). This makes it worthwhile to examine what the stock has in store.
Charles Schwab, UnitedHealth And Cleveland-Cliffs: CNBC's ‘Final Trades'
On CNBC's “Halftime Report Final Trades,” Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, picked The Charles Schwab Corporation (NYSE:SCHW).
Cleveland-Cliffs (CLF) Outperforms Broader Market: What You Need to Know
In the latest trading session, Cleveland-Cliffs (CLF) closed at $12.06, marking a +1.94% move from the previous day.
Cleveland-Cliffs (CLF) Suffers a Larger Drop Than the General Market: Key Insights
Cleveland-Cliffs (CLF) concluded the recent trading session at $12.09, signifying a -1.63% move from its prior day's close.
161,338 Shares in Cleveland-Cliffs Inc. $CLF Bought by Public Employees Retirement System of Ohio
Public Employees Retirement System of Ohio purchased a new stake in Cleveland-Cliffs Inc. (NYSE: CLF) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 161,338 shares of the mining company's stock, valued at approximately $1,515,000. A number of other hedge
Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: Here's Why
In the closing of the recent trading day, Cleveland-Cliffs (CLF) stood at $12.28, denoting a -1.13% move from the preceding trading day.
Cleveland-Cliffs: 2027 Could Be A Very Big Year
Cleveland-Cliffs is North America's largest flat-rolled steel producer, trading at a discount despite recent EBITDA growth and strong automotive contracts. CLF's upside case hinges on contract resets and undisclosed Stelco earnings, but consensus may overstate 2027 FCF by crediting unproven contributions. Management prioritizes deleveraging over capital returns, with buybacks on hold and all free cash flow directed to reducing leverage below 2.5x.
Price Targets
Cleveland-Cliffs price target raised to $17.48 from $15.60 at GLJ Research
$17.48
(was $12.50)
GLJ Research
Cleveland-Cliffs price target raised to $13 from $12 at BofA
$13.00
(was $12.50)
UBS
Cleveland-Cliffs upgraded to Buy from Hold at GLJ Research
$15.60
(was $11.92)
GLJ Research
Cleveland-Cliffs upgraded to Neutral from Underperform at BNP Paribas
$11.50
(was $10.96)
BNP Paribas
Cleveland-Cliffs price target raised to $10 from $9 at Barclays
$10.00
(was $10.96)
Barclays
Cleveland-Cliffs price target lowered to $9 from $14 at Wells Fargo
$9.00
(was $9.51)
Wells Fargo
Cleveland-Cliffs downgraded to Equal Weight from Overweight at Morgan Stanley
$12.50
(was $12.28)
Morgan Stanley
Cleveland-Cliffs upgraded to Hold at GLJ Research amid supply squeeze
$15.01
(was $12.68)
GLJ Research
Cleveland-Cliffs price target raised to $14 from $9 at Wells Fargo
$14.00
(was $14.15)
Timna Tanners
·
Wells Fargo
Cleveland-Cliffs initiated with an Underweight at Barclays
$9.00
(was $10.70)
Barclays
Cleveland-Cliffs price target raised to $10 from $9 at Goldman Sachs
$10.00
(was $10.35)
Goldman Sachs
Cleveland-Cliffs price target lowered to $12 from $16.80 at Morgan Stanley
$12.00
(was $9.73)
Morgan Stanley
Cleveland-Cliffs price target lowered to $9.42 from $9.52 at GLJ Research
$9.42
(was $12.31)
GLJ Research
Goldman Sachs Reiterates Buy Rating on Cleveland-Cliffs (CLF)
$15.00
(was $12.03)
Mike Harris
·
Goldman Sachs
Cleveland-Cliffs downgraded to Neutral at Seaport Research on valuation
$13.00
(was $14.34)
Seaport Global
Cleveland-Cliffs price target raised to $9.52 from $5.75 at GLJ Research
$9.52
(was $12.91)
Gordon Johnson
·
GLJ Research
Cleveland-Cliffs upgraded to Overweight from Equal Weight at Morgan Stanley
$17.00
(was $12.26)
Morgan Stanley
Cleveland-Cliffs price target raised to $16 from $14.50 at Goldman Sachs
$16.00
(was $12.36)
Goldman Sachs
Cleveland-Cliffs price target raised to $15 from $14 at KeyBanc
$15.00
(was $13.13)
UBS
Cleveland-Cliffs rally provides entry for shorts, says GLJ Research
$5.75
(was $13.48)
GLJ Research