Cleveland-Cliffs Inc. ($CLF) Stock Forecast: Up 5.2% Today

What is Cleveland-Cliffs Inc.?

Cleveland-Cliffs Inc. (CLF) is a company in the steel industry with a focus on flat-rolled steel products. The stock showed strong bullish movement today amidst various market developments.

Why is Cleveland-Cliffs Inc. going up?

CLF stock is up 5.2% on Mar 31, 2026 19:42

• The bullish movement in CLF stock may be linked to KeyBanc assuming coverage with a Sector Weight rating and raising its full-year 2026 EBITDA estimate, despite projecting a loss for Q1 2026. This positive outlook, based on increased U.S. flat-rolled steel prices, likely boosted investor confidence.
• The realignment by Vanguard, resulting in zero shares owned, could have also positively impacted the stock, indicating potential restructuring within major institutional investors.
• The decision for the Middletown Works plant to continue relying on coal instead of the green steel project may have been overshadowed by investors, focusing more on the overall positive market sentiment and KeyBanc's coverage initiation.
• Despite highlighted near-term challenges, such as increased costs and potential earnings reduction due to higher natural gas costs, the long-term prospects and strategic initiatives like interest savings from non-core asset sales seem to have outweigh the short-term concerns, contributing to the bullish movement in CLF stock.

CLF Price Chart

CLF Technical Analysis

CLF News

How Cleveland-cliffs Inc. (CLF) Affects Rotational Strategy Timing

This article analyzes Cleveland-Cliffs Inc. (CLF) using AI models to determine its impact on rotational strategy timing. It identifies positive near-term sentiment eroding mid-term weakness within long-term strength, with elevated downside risk due to a lack of long-term support signals. The analysis provides specific trading strategies and multi-timeframe signal analysis for various risk profiles.

https://news.stocktradersdaily.com/news_release/38/How_Cleveland-cliffs_Inc._CLF_Affects_Rotational_Strategy_Timing_032726110802_1774624082.html

Vanguard (CLF) reports 0 shares owned after Jan 12, 2026 realignment

The Vanguard Group filed an amendment to its SEC Schedule 13G/A, reporting zero beneficial ownership of Cleveland-Cliffs Inc. common stock, representing 0% of the class. This change is attributed to an internal realignment on January 12, 2026, which caused certain Vanguard subsidiaries and business divisions to report their holdings separately. The filing confirms that while Vanguard itself now reports no direct beneficial ownership, its subsidiaries will continue to manage accounts that hold CLF shares.

https://www.stocktitan.net/sec-filings/CLF/schedule-13g-a-cleveland-cliffs-inc-amended-passive-investment-disclo-11a203a86dca.html

KeyBanc assumes coverage on Cleveland-Cliffs stock with Sector Weight

KeyBanc has initiated coverage on Cleveland-Cliffs Inc. (NYSE:CLF) with a Sector Weight rating, adjusting its first-quarter 2026 earnings estimates due to higher costs. Despite projecting a loss for Q1 2026, the firm raised its full-year 2026 EBITDA estimate, citing increased U.S. flat-rolled steel prices. KeyBanc also highlighted potential interest savings from non-core asset sales which could significantly alleviate the company's substantial debt.

https://m.investing.com/news/analyst-ratings/keybanc-assumes-coverage-on-clevelandcliffs-stock-with-sector-weight-93CH-4579691?ampMode=1

What’s next for Cleveland-Cliffs former green steel project

Cleveland-Cliffs' Middletown Works plant, once slated for a green steel project, will continue to rely on coal. The article, written by Maria Gallucci and Kathiann M. Kowalski of Canary Media, discusses the future of the plant. It was published on March 25, 2026, at 01:05 PM EDT.

https://www.crainscleveland.com/energy/ccl-cleveland-cliffs-middletown-plant-20260325/

KeyBanc assumes coverage on Cleveland-Cliffs stock with Sector Weight

KeyBanc has initiated coverage on Cleveland-Cliffs Inc. (NYSE:CLF) with a Sector Weight rating, adjusting its Q1 2026 earnings estimates downwards due to higher natural gas costs. Despite the short-term earnings reduction, KeyBanc raised its full-year 2026 EBITDA estimate, citing increased U.S. flat-rolled steel prices. The firm also highlighted potential interest savings for Cleveland-Cliffs through non-core asset sales, which could help alleviate its significant debt burden.

https://www.investing.com/news/analyst-ratings/keybanc-assumes-coverage-on-clevelandcliffs-stock-with-sector-weight-93CH-4579691

Trending Today

Heating Oil ($HEATOIL) Commodity Forecast: Down 5.3% Today

Teladoc Health Inc. ($TDOC) Stock Forecast: Up 5.0% Today

Teradyne, Inc. ($TER) Stock Forecast: Up 8.0% Today

Blink Charging Co. ($BLNK) Stock Forecast: Up 10.9% Today

Carnival Corporation ($CCL) Stock Forecast: Up 8.2% Today

Coinbase Global Inc. ($COIN) Stock Forecast: Up 9.5% Today

Emerson Electric Company ($EMR) Stock Forecast: Up 6.4% Today

Fortune Brands Innovations Inc. ($FBIN) Stock Forecast: Up 5.2% Today

Cleveland-Cliffs Inc. ($CLF) Stock Forecast: Up 5.2% Today

First Solar Inc. ($FSLR) Stock Forecast: Up 6.6% Today

Cleveland-Cliffs Inc. Price History

20.02.2026 - CLF Stock was down 5.0%

• CLF's bearish movement could be linked to dilution concerns following a recent discounted equity raise of almost US$964 million to address financial strains and a securities-fraud investigation.
• Actions by institutions, like Aquatic Capital Management LLC reducing its stake in CLF, likely intensified selling pressure on the stock.
• Factors such as weak Q4 2025 earnings, plant idlings, and lower auto demand have also played a role in the negative sentiment surrounding CLF.
• The broader sector challenges and cautious investor outlook, evidenced by an overvaluation estimate in the discounted cash flow model, have further impacted the stock price.

10.02.2026 - CLF Stock was up 5.0%

• Dimensional Fund Advisors LP and company insiders selling significant shares initially caused some uncertainty in the market, but overall sentiment has become positive.
• Options activity leaning bullish and investor predictions targeting a price range between $3.0 and $10.5 likely contributed to the bullish movement.
• Despite a lawsuit by Ohio Attorney General Dave Yost regarding mishandling radioactive waste, investor focus may be shifting towards the company's financial performance and growth potential, as indicated by recent analyst ratings and institutional interest from Neo Ivy Capital Management.
• Cleveland-Cliffs surpassing EPS estimates, varying investor sentiment, and ongoing legal issues may have led to volatility but ultimately resulted in a bullish market movement.

13.01.2026 - CLF Stock was down 9.2%

• CLF stock experienced a significant bearish movement of 14.9% following the company's Q4 revenue miss, which fell short of analyst expectations.
• Analyst downgrades and price target adjustments, including a reduced target by one financial advisor to $13.00, reflect concerns about the company's financial performance and profitability outlook.
• The completion of a share repurchase program and plans for cost cuts, asset sales, and new partnerships indicate CLF's efforts to address its weak performance and return to profitability in the future.
• Despite these challenges, analysts believe the business is performing as expected, with revenue estimates remaining consistent and a consensus price target of US$13.58.

18.02.2026 - CLF Stock was down 5.3%

• Aquatic Capital Management LLC significantly reduced its stake in CLF, possibly signaling lack of confidence in the company's future prospects.
• The discounted equity raise of nearly $964 million and the securities-fraud investigation have raised concerns among investors, leading to a 9.8% drop in the stock price.
• Uncertainty surrounding the timeline of the planned POSCO partnership and the lingering effects of a recent share offering have contributed to a 5.0% dip in the stock price.
• The negative P/E ratio, weaker quarterly results, and ongoing legal issues have added pressure on the company, impacting investor sentiment and driving the bearish movement in the stock price.

27.01.2026 - CLF Stock was down 5.2%

• The bearish movement in CLF today could be attributed to the challenging financial year in 2025 with significant net losses due to weak demand and pricing pressures.
• The appointment of a new Lead Independent Director, Ralph "Mike" Michael III, and Chairman of the Compensation and Organization Committee, Edilson Camara, might have caused uncertainty among investors leading to the bearish trend.
• Investors might be cautious due to the changing board leadership and the need for stability in corporate governance, potentially impacting CLF's stock performance negatively.
• The fresh deal rumors, union negotiations, and changing steel price expectations could also be contributing factors to the bearish movement as investors reassess the risk and reward profile of the company.

06.02.2026 - CLF Stock was down 6.0%

• A company called Contrarius Group Holdings Ltd acquired a new position in CLF, purchasing a significant number of shares, which shows confidence in the company.
• Another entity, BofA, maintained a Neutral rating on CLF but decreased its price target due to concerns about a stretched balance sheet and a possible partnership with POSCO.
• Analyst adjustments from different firms, including GLJ Research and Citi, reflected mixed sentiments about CLF. Some highlighted reduced demand and disappointing Q1 2026 projections as reasons for caution.
• The combination of institutional investments, analyst ratings, and market projections likely influenced the bearish movement in CLF recently.

02.02.2026 - CLF Stock was up 4.5%

• Maintaining a Neutral rating on CLF with a lowered price target may have initially caused uncertainty among investors.
• Fresh deal rumors, union negotiations, and changing steel price expectations could have sparked optimism and increased buying interest in CLF.
• The appointment of Ralph Michael III, with his industry expertise, as the new Lead Independent Director might have instilled confidence in the company's leadership and future strategic decisions.
• Overall, the combination of potential operational improvements, strategic partnerships, and strong leadership changes could have contributed to CLF's bullish movement today.

31.02.2026 - CLF Stock was up 5.2%

• The bullish movement in CLF stock may be linked to KeyBanc assuming coverage with a Sector Weight rating and raising its full-year 2026 EBITDA estimate, despite projecting a loss for Q1 2026. This positive outlook, based on increased U.S. flat-rolled steel prices, likely boosted investor confidence.
• The realignment by Vanguard, resulting in zero shares owned, could have also positively impacted the stock, indicating potential restructuring within major institutional investors.
• The decision for the Middletown Works plant to continue relying on coal instead of the green steel project may have been overshadowed by investors, focusing more on the overall positive market sentiment and KeyBanc's coverage initiation.
• Despite highlighted near-term challenges, such as increased costs and potential earnings reduction due to higher natural gas costs, the long-term prospects and strategic initiatives like interest savings from non-core asset sales seem to have outweigh the short-term concerns, contributing to the bullish movement in CLF stock.

02.02.2026 - CLF Stock was up 5.9%

• CLF saw a bullish movement despite concerns about EBITDA and free cash flow.
• Investor confidence in the stock may have been boosted by the potential partnership with POSCO and expectations for a turnaround in 2026.
• Positive sentiment around CLF, driven by rumors of new deals, union negotiations, and shifting steel price expectations, contributed to the bullish movement.
• In comparison to Vale S.A., investors might have been drawn to CLF's potential turnaround story and strategic alliances in the current market conditions.

13.02.2026 - CLF Stock was down 5.3%

• Ongoing investigations for securities fraud and the possibility of a class action lawsuit due to a stock price decrease after disappointing Q1 2025 financial results have likely impacted CLF stock negatively.
• Issues with underperforming assets, reduced index prices, and decisions to idle steel plants have raised investor worries and led to a pessimistic market outlook.
• Analysts revising estimates downwards, insider share selling, and the company's overall lack of profitability have further diminished investor trust, contributing to the stock's decline.
• A legal dispute with Ohio Attorney General Dave Yost regarding mishandling of radioactive waste at the Cleveland Works steel mill has introduced uncertainty and negative attention to Cleveland-Cliffs, potentially intensifying the market's downward movement.

12.01.2026 - CLF Stock was down 6.2%

• CLF experienced significant losses in Q4 and full-year 2025, resulting in a notable decline in the stock price.
• The completion of a share repurchase program likely added to the downward pressure on CLF's stock.
• Analysts adjusting their forecasts to predict a loss in 2026, despite consistent revenue projections, may have further impacted investor sentiment negatively.
• A potential partnership with POSCO and a focus on high-growth sectors such as electrical steels and green steel could act as positive drivers for CLF's future performance and potentially lead to a rebound in the stock price.

10.01.2026 - CLF Stock was up 5.0%

• Despite a significant drop in stock price due to an earnings miss and poor financial performance in 2025, CLF saw a bullish trend as retail investors bought the dip, showing confidence in the company's turnaround potential.
• Management's positive outlook for 2026, citing a solid order book, rising prices, and resolved issues from the previous year, contributed to the bullish sentiment.
• Analysts maintained a 'Neutral' rating on CLF but raised the price target, indicating cautious optimism about the company's future performance.
• The anticipated return to profitability in 2026, driven by improved trade conditions, strategic partnerships, and expected increases in US vehicle production, further fueled investor confidence in CLF's long-term prospects.