Cleveland-Cliffs Inc. ($CLF) Stock Forecast: Down 5.3% Today

What is Cleveland-Cliffs Inc.?

Cleveland-Cliffs Inc. (NYSE: CLF) is a steel and mining company currently experiencing financial challenges and legal issues concerning environmental matters at its Cleveland Works steel mill.

Why is Cleveland-Cliffs Inc. going down?

CLF stock is down 5.3% on Mar 13, 2026 17:06

• 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.

CLF Price Chart

CLF Technical Analysis

CLF News

Cleveland-Cliffs, Inc. Investigated by the Portnoy Law Firm

The Portnoy Law Firm is investigating Cleveland-Cliffs Inc. (NYSE: CLF) for potential securities fraud and may file a class action lawsuit on behalf of investors. This investigation follows a significant stock price drop on May 8, 2025, after the company reported an 11% year-over-year revenue decline and an adjusted loss exceeding expectations in its first quarter 2025 financial results. Management cited underperforming non-core assets and the lagging effect of lower index prices, also announcing plans to idle six steel plants.

https://www.globenewswire.com/news-release/2026/03/12/3254719/0/en/Cleveland-Cliffs-Inc-Investigated-by-the-Portnoy-Law-Firm.html

Why Is Cleveland-Cliffs (CLF) Down 22.3% Since Last Earnings Report?

Cleveland-Cliffs (CLF) shares have fallen 22.3% since its last earnings report, underperforming the S&P 500. The company's Q4 2025 adjusted loss was narrower than expected, but revenues and steel sales volumes missed estimates. Analysts have since revised estimates downwards, leading to a Zacks Rank #4 (Sell) for the stock.

https://sg.finance.yahoo.com/news/why-cleveland-cliffs-clf-down-153003378.html

Dimensional Fund Advisors LP Sells 2,994,777 Shares of Cleveland-Cliffs Inc. $CLF

Dimensional Fund Advisors LP reduced its stake in Cleveland-Cliffs Inc. by selling nearly 3 million shares in Q3, now owning 3.48% of the company valued at $210.1 million. This comes as company insiders, including the CEO and COO, also sold significant blocks of shares. Despite beating EPS estimates, Cleveland-Cliffs missed revenue targets and remains unprofitable, with analysts holding a consensus "Hold" rating and an average price target of $13.89.

https://www.marketbeat.com/instant-alerts/filing-dimensional-fund-advisors-lp-sells-2994777-shares-of-cleveland-cliffs-inc-clf-2026-03-08/

Decoding Cleveland-Cliffs's Options Activity: What's the Big Picture?

Deep-pocketed investors are showing significant options activity in Cleveland-Cliffs (NYSE: CLF), with 13 extraordinary trades identified. The sentiment is mixed, leaning bullish, and the predicted price range targeted by investors is between $3.0 and $10.5. The article highlights recent analyst ratings and the company's current market status.

https://www.benzinga.com/insights/options/26/03/51108921/decoding-cleveland-cliffss-options-activity-whats-the-big-picture

Cleveland Steel Showdown: Ohio Targets Cliffs And Duck Creek Over Radioactive Mess

Ohio Attorney General Dave Yost has filed a lawsuit against Cleveland-Cliffs Inc. and Duck Creek Energy, accusing them of mishandling radioactive waste at Cleveland-Cliffs' Cleveland Works steel mill. The complaint alleges improper disposal of brine, oil, and radioactive materials, leading to contamination and potential environmental violations. This state action escalates a prior legal dispute where Duck Creek sued Cleveland-Cliffs, and seeks to hold both companies accountable for cleanup and compliance.

https://hoodline.com/2026/03/cleveland-steel-showdown-ohio-targets-cliffs-and-duck-creek-over-radioactive-mess/

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Cleveland-Cliffs Inc. Price History

05.01.2026 - CLF Stock was down 5.0%

• Despite expectations of a Q4 loss, CLF was projected to exceed earnings estimates, reflecting a mixed sentiment among investors.
• Investment actions by Mitsubishi UFJ Trust & Banking Corp and other institutional changes in CLF's holdings coincided with a lower opening for the stock, potentially influencing the bearish trend.
• An analysis emphasized a weaker short-term sentiment and a positive outlook for the mid and long term, hinting at possible short-term factors affecting the stock's performance.
• Analysts' consensus "Hold" rating and the stock's proximity to its average target price of $13.80 underlined the limited upward momentum for CLF, aligning with the observed bearish market movement.

06.01.2026 - CLF Stock was up 5.2%

• The bullish movement in CLF today can be attributed to the anticipation of the company beating earnings estimates for Q4 2025, with an expected increase in earnings and higher revenues.
• The positive sentiment is further supported by institutional investments, such as a recent $1.41 million investment in CLF.
• Analysts' consensus on the stock being a "Hold" with a target price of $13.80 might have also contributed to the positive market movement.
• The detailed analysis highlighting a strong mid and long-term outlook for CLF could have boosted investor confidence and contributed to the bullish trend.

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.

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.

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.

09.01.2026 - CLF Stock was down 5.0%

• The decline in CLF stock today could be linked to the projected wider loss and reduced sales in the upcoming earnings period.
• The recently adjusted consensus EPS estimate, down by 17.4% in the past month, may have influenced the negative investor sentiment.
• Questions about a potential partnership with POSCO and the imperative for operational enhancements to ensure ongoing profitability could be impacting the stock price.
• Despite the encouraging Earnings ESP and Zacks Rank, which hint at a possible earnings surpass, investors might be exercising caution due to general market sentiment and the company's future performance prospects.