Cleveland-Cliffs Inc. ($CLF) Stock Forecast: Up 5.4% Today

What is Cleveland-Cliffs Inc.?

Cleveland-Cliffs (CLF) is a mining and natural resources company listed on the NYSE. The company focuses on supplying iron ore pellets to the North American steel industry.

Why is Cleveland-Cliffs Inc. going up?

CLF stock is up 5.4% on May 22, 2026 14:01

• CLF stock experienced a strong bullish movement today.
• Shareholders elected all nominated directors, approved executive compensation, and ratified Deloitte & Touche LLP as the independent auditor for 2026 at the annual meeting, signaling confidence in the company's leadership and financial oversight.
• The company recently reported a narrower-than-expected loss for Q1 2026 and announced a partnership with Palantir Technologies to implement AI solutions in its manufacturing operations, boosting investor sentiment.
• Despite a "Sell" rating from Zacks Investment Research due to unchanged outlook with downward-trending earnings estimates, positive developments and shareholder support drove the stock's upward momentum.

CLF Price Chart

CLF Technical Analysis

CLF News

Cleveland-Cliffs shareholders elect board, approve executive pay and auditor

Cleveland-Cliffs (NYSE:CLF) shareholders have elected the company's nominated directors to serve until the 2027 annual meeting, with strong support ranging from 323.2 million to 330.2 million votes. They also approved the executive officer compensation on an advisory basis and ratified Deloitte & Touche LLP as the independent registered public accounting firm for 2026. These outcomes were reported in a press release based on an SEC filing, with a quorum present representing 438.9 million common shares.

https://www.investing.com/news/sec-filings/clevelandcliffs-shareholders-elect-board-approve-executive-pay-and-auditor-93CH-4702756

Cleveland-Cliffs shareholders elect board, approve executive pay and auditor

Cleveland-Cliffs Inc. shareholders elected all nominated directors, approved executive compensation on an advisory basis, and ratified Deloitte & Touche LLP as their independent auditor for 2026 at their annual meeting. The company also recently reported a narrower-than-expected loss for Q1 2026 and announced a partnership with Palantir Technologies to implement AI solutions in its manufacturing operations.

https://m.investing.com/news/sec-filings/clevelandcliffs-shareholders-elect-board-approve-executive-pay-and-auditor-93CH-4702756?ampMode=1

Cleveland-Cliffs (CLF) investors approve directors, executive pay and Deloitte as 2026 auditor

Cleveland-Cliffs Inc. shareholders approved all eight board nominees, executive compensation, and the reappointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2026 at their annual meeting. The approval for directors and executive pay received significant support, with Deloitte's ratification also passing with a large majority. These decisions confirm the company's leadership structure and financial oversight for the upcoming year.

https://www.stocktitan.net/sec-filings/CLF/8-k-cleveland-cliffs-inc-reports-material-event-435bf98f4058.html

Cleveland-Cliffs (CLF) Up 11.2% Since Last Earnings Report: Can It Continue?

Cleveland-Cliffs (CLF) saw its shares rise 11.2% since its last earnings report, outperforming the S&P 500. The company reported a narrower-than-expected Q1 2026 adjusted loss and increased revenues, but its outlook remains unchanged with downward-trending earnings estimates. Consequently, Zacks Investment Research has given CLF a "Sell" rating.

https://sg.finance.yahoo.com/news/cleveland-cliffs-clf-11-2-153003809.html

CLF (NYSE: CLF) insider sale notice — 8,800 restricted shares

A Form 144 filing indicates a proposed sale of 8,800 restricted shares of Cleveland-Cliffs Inc. (NYSE: CLF). The filing also discloses a prior sale by Douglas Taylor of 8,000 shares on April 22, 2026, for $72,560.80. The securities are described as restricted stock vesting under a registered plan.

https://www.stocktitan.net/sec-filings/CLF/144-cleveland-cliffs-inc-sec-filing-e0dbf8a71f7d.html

Trending Today

Affirm Holdings Inc. ($AFRM) Stock Forecast: Up 5.0% Today

Teradyne, Inc. ($TER) Stock Forecast: Up 5.2% Today

Intel Corporation ($INTC) Stock Forecast: Up 5.1% Today

Ambarella Inc. ($AMBA) Stock Forecast: Up 5.2% Today

Avis Budget Group Inc. ($CAR) Stock Forecast: Down 7.2% Today

Credo Technology Group ($CRDO) Stock Forecast: Down 5.7% Today

Circle Internet Group ($CRCL) Stock Forecast: Down 5.5% Today

Blink Charging Co. ($BLNK) Stock Forecast: Down 5.1% Today

Clear Secure Inc. ($YOU) Stock Forecast: Up 5.1% Today

ZCash ($ZEC) Crypto Forecast: Down 10.5% Today

Cleveland-Cliffs Inc. Price History

22.03.2026 - CLF Stock was down 5.1%

• Despite showing improved revenue and strong EBITDA growth, Cleveland-Cliffs experienced a bearish market movement due to concerns surrounding ongoing losses and negative cash flow from operations.
• The company's increase in long-term debt and significant cost pressures, including a surge in energy costs, overshadowed its positive financial performance.
• Market reaction may have been driven by challenges in achieving profitability, despite efforts to enhance operational efficiency and explore non-core asset sales.
• The bearish market movement could also reflect investor uncertainty about Cleveland-Cliffs' ability to overcome near-term obstacles, such as extreme weather conditions and energy costs, to attain positive free cash flow in the future.

20.03.2026 - CLF Stock was up 7.1%

• The bullish movement in CLF stock can be attributed to the company's better-than-expected Q1 earnings report, with a narrowed GAAP net loss and increased revenue, indicating positive momentum in its financial performance.
• Investors reacted positively to CLF's announcement of sequential improvements throughout 2026 and the expectation of returning to positive free cash flow in the second quarter, instilling confidence in investors.
• Despite facing short-term challenges like higher costs, including the $80 million energy cost impact, CLF's strong order books and pricing momentum signal resilience and potential for future growth, driving the bullish sentiment in the stock.

20.03.2026 - CLF Stock was up 5.6%

• Analysts are expecting CLF to report a narrower first-quarter loss, which has likely boosted investor confidence in the stock.
• The conflicting fair value signals and mixed share price movements may have caused volatility in the stock price, but the recent 12% gain could indicate growing investor optimism.
• The bull case theory for CLF, highlighting factors such as strong market positioning and potential increased demand, might have resonated with investors, driving the stock price higher.
• Despite receiving a consensus "Hold" rating from research firms, the positive earnings report, with beating EPS estimates, could have contributed to the bullish sentiment surrounding CLF today.

24.03.2026 - CLF Stock was up 5.7%

• The bullish movement in CLF's stock today can be attributed to the positive sentiment surrounding the company, fueled by recent developments and market perceptions.
• The awarding of restricted shares to directors Camara and Bloom under the compensation plan may have instilled confidence in investors, signaling strong leadership alignment and commitment to the company's growth.
• Endorsement of Cleveland-Cliffs as a key indicator of the broader manufacturing economy likely reassured investors about the company's strategic positioning and market relevance.
• Despite the weaker steel demand and pricing reported in Q3 2024 earnings, the company's cost reduction efforts, acquisition synergies, and optimistic outlook for 2025 could have contributed to the bullish momentum as investors see potential for future growth and profitability.

15.04.2026 - CLF Stock was down 5.2%

• The approval of board elections, strategic focus on key steel markets, and debt reduction plans at the AGM could have been perceived as less ambitious or impactful by investors, leading to a bearish sentiment.
• Despite a strong Q1 report and increased investor interest, the conflicting valuation models (narrative-driven vs. DCF) may have caused uncertainty among investors, contributing to the bearish movement.
• The rising short interest in CLF indicates a potential negative sentiment or skepticism in the market, which could have further fueled the bearish movement.

28.03.2026 - CLF Stock was down 5.1%

• Despite announcing reduced losses and revenue growth in Q1 2026, Cleveland-Cliffs (CLF) stock experienced a notable decline today.
• Market concerns over the company's high debt levels and blast furnace exposure could have influenced this bearish trend, despite notable operational advancements.
• Investor enthusiasm and positive updates on the company's expansion into rare earth mining and potential profitability in Q2 2026 were insufficient to counteract the prevailing bearish sentiment.
• Analysts' cautious stance due to long-term debt and ongoing losses likely added to the downward pressure on CLF stock, notwithstanding the favorable earnings report and strong demand for steel.

21.03.2026 - CLF Stock was down 5.4%

• Despite a robust order book and increasing steel prices, Cleveland-Cliffs encountered a downward trend due to elevated costs, notably a spike in energy expenses linked to severe weather conditions.
• The company's strategic measures and emphasis on enhancing cash flow via land sales could possibly mitigate near-term obstacles and result in enhanced performance in the forthcoming periods.
• The shift in urgency regarding a potential agreement with POSCO may have also swayed investor sentiment, influencing the downward movement in CLF's stock price presently.

21.03.2026 - CLF Stock was down 5.3%

• Despite surpassing Q1 earnings expectations and confirming full-year guidance, Cleveland-Cliffs (CLF) witnessed a decline in stock value.
• The decrease in CLF shares is linked to increased costs, particularly a notable rise in energy expenses caused by severe weather conditions, overshadowing the favorable earnings outcome.
• The company's choice to slow down on a potential deal with POSCO could have also influenced investor sentiment, indicating a potential change in strategy or priorities.
• Analysts' divergent forecasts and adjustments in price targets, including maintaining sell ratings or decreasing price targets, might have contributed to the downward pressure on CLF stock.

22.04.2026 - CLF Stock was up 5.4%

• CLF stock experienced a strong bullish movement today.
• Shareholders elected all nominated directors, approved executive compensation, and ratified Deloitte & Touche LLP as the independent auditor for 2026 at the annual meeting, signaling confidence in the company's leadership and financial oversight.
• The company recently reported a narrower-than-expected loss for Q1 2026 and announced a partnership with Palantir Technologies to implement AI solutions in its manufacturing operations, boosting investor sentiment.
• Despite a "Sell" rating from Zacks Investment Research due to unchanged outlook with downward-trending earnings estimates, positive developments and shareholder support drove the stock's upward momentum.

08.03.2026 - CLF Stock was up 5.1%

• A financial institution has significantly increased its stake in Cleveland-Cliffs Inc., signaling confidence in the company's future prospects and potentially influencing positive market sentiment.
• Director Ron A. Bloom's acquisition of additional common shares under the company's Nonemployee Director Retainer Share Election Program could be seen as a vote of confidence in the company's performance.
• The upcoming release of Q1 earnings results on April 20, 2026, could be creating anticipation and excitement among investors, driving up the stock price.
• The definitive proxy statement and additional materials filings related to corporate governance and shareholder activities indicate transparency and adherence to regulatory standards, which could be positively impacting investor trust and confidence in the company.

12.04.2026 - CLF Stock was down 5.1%

• Despite a bullish signal for CLF shares, the market showed a bearish movement today.
• High short interest positions could have triggered profit-taking by short sellers and contributed to the downward trend.
• Investor reactions to broader market conditions or industry news might have influenced the decline in CLF's stock price.

05.04.2026 - CLF Stock was up 5.1%

• The rise in Cleveland-Cliffs' stock today may be linked to its strategic shift towards rare earths mining, in line with U.S. critical material independence efforts and offering new growth opportunities.
• Collaboration with Palantir Technologies to implement AI in steelmaking operations could also be fueling investor optimism by enhancing productivity and competitiveness in the manufacturing industry.
• Despite a recent price target reduction for CLF, the market's positive response to the company's diversification and technological advancements indicates confidence in its potential for long-term growth.