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Cleveland-Cliffs Inc. ($CLF) Stock Forecast: Down 5.1% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Cleveland-Cliffs Inc.?

Cleveland-Cliffs (CLF) is a leading domestic steel supplier that has been facing challenges due to lower demand in the automotive sector in the second half of 2024.

Why is Cleveland-Cliffs Inc. going down?

CLF stock is down 5.1% on Feb 7, 2025 20:45

  • The bearish movement in CLF can be attributed to the company issuing preliminary Q4 and full-year 2024 results, indicating lower demand in the automotive sector.
  • Market whales taking a bullish stance on CLF options contrast with the company's revenue miss and EBITDA loss for Q4, alongside a bleak 2024 outlook, which have likely contributed to the bearish sentiment.
  • Analysts' downgrades on Cleveland-Cliffs' price target and the CEO applauding tariffs for a potential 2025 boost may have added to the uncertainty surrounding the stock, leading to the bearish market movement.

CLF Price Chart

CLF Technical Analysis

CLF News

Market Whales and Their Recent Bets on CLF Options - Cleveland-Cliffs ( NYSE:CLF )

Whales with a lot of money to spend have taken a noticeably bullish stance on Cleveland-Cliffs. Looking at options history for Cleveland-Cliffs CLF we detected 10 trades. If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish ...

https://www.benzinga.com/insights/options/25/02/43566648/market-whales-and-their-recent-bets-on-clf-options

0 News Article Image Market Whales and Their Recent Bets on CLF Options - Cleveland-Cliffs  ( NYSE:CLF )

Cleveland-Cliffs ( CLF ) Outpaces Stock Market Gains: What You Should Know

Cleveland-Cliffs (CLF) closed the most recent trading day at $10.66, moving +1.91% from the previous trading session.

https://www.zacks.com/stock/news/2411608/cleveland-cliffs-clf-outpaces-stock-market-gains-what-you-should-know

1 Missing News Article Image Cleveland-Cliffs  ( CLF )  Outpaces Stock Market Gains: What You Should Know

Cleveland-Cliffs Issues Preliminary Q4 and Full-Year 2024 Results

Lower demand in the automotive sector weighs on CLF in the second half of 2024.

https://www.zacks.com/stock/news/2408912/cleveland-cliffs-issues-preliminary-q4-and-full-year-2024-results

2 Missing News Article Image Cleveland-Cliffs Issues Preliminary Q4 and Full-Year 2024 Results

Cleveland-Cliffs' Tariff Optimism Doesn't Impress Analyst - Cleveland-Cliffs ( NYSE:CLF )

Cleveland-Cliffs sees 2025 as a recovery year. Morgan Stanley forecasts modest 2025 demand growth, downgrades Cleveland-Cliffs's price target. A leading domestic steel supplier, Cleveland-Cliffs Inc CLF, published a preliminary report expecting 2024 to be one of the worst years in over a decade.

https://www.benzinga.com/analyst-ratings/price-target/25/02/43446299/cleveland-cliffs-tariff-optimism-doesnt-impress-analyst

3 News Article Image Cleveland-Cliffs' Tariff Optimism Doesn't Impress Analyst - Cleveland-Cliffs  ( NYSE:CLF )

Cleveland-Cliffs Predicts Q4 Revenue Miss & EBITDA Loss, CEO Applauds Trump's Tariffs For 2025 Boost - Cleveland-Cliffs ( NYSE:CLF )

Cleveland-Cliffs expects Q4 revenue of $4.3B, missing estimates, with $85M Adjusted EBITDA loss. CEO cites weak auto demand but sees improving 2025 outlook. Get Wall Street's Hottest Chart Every Morning Cleveland-Cliffs Inc. CLF shares are trading lower Monday after the company reported ...

https://www.benzinga.com/25/02/43441283/cleveland-cliffs-falls-on-q4-loss-ceo-applauds-trumps-tariffs-for-2025-boost

4 News Article Image Cleveland-Cliffs Predicts Q4 Revenue Miss & EBITDA Loss, CEO Applauds Trump's Tariffs For 2025 Boost - Cleveland-Cliffs  ( NYSE:CLF )

Cleveland-Cliffs Inc. Price History

06.00.2025 - CLF Stock was up 4.4%

  • CLF experienced a strong bullish movement despite the overall market slip.
  • The bullish momentum could be attributed to Cleveland-Cliffs CEO's accurate prediction of Biden blocking Nippon Steel's acquisition of US Steel, showcasing strong leadership and foresight in the industry.
  • Positive sentiment towards other stocks like Home Depot, as endorsed by Jim Cramer, might have influenced investor sentiment towards CLF, leading to increased buying interest.
  • The recent decision impacting the steel industry could have created a positive outlook for CLF's position in the market, driving the stock price higher.

05.11.2024 - CLF Stock was down 5.5%

  • Today's downward trend in CLF's stock price is likely due to investors seizing profits following a recent surge.
  • Despite a strong earnings performance a month ago, shifting market sentiments regarding future growth or broader economic conditions may be impacting the stock.
  • The current market volatility and sector realignments could be prompting investors to reconsider their positions in CLF.
  • Technical factors, such as breaching key support levels, are potentially leading to trader sell-offs and contributing to the stock's decline.

07.00.2025 - CLF Stock was up 5.8%

  • Cleveland-Cliffs (CLF) experienced a strong bullish movement.
  • The surge in CLF's shares was influenced by higher trading volume and positive earnings estimate revisions.
  • Lawsuits filed by US Steel and Nippon Steel against the Biden administration may have indirectly benefited CLF as it is seen as a more stable investment option.
  • CEO Lourenco Goncalves' accurate prediction of a blocked $14.9 billion deal months before it happened could have boosted investor confidence in the company's leadership and strategic foresight, contributing to the bullish momentum in CLF.

03.00.2025 - CLF Stock was down 2.2%

  • Despite recent positive movement in the market, Cleveland-Cliffs (CLF) saw a significant decline in stock value today.
  • Concerns about President Joe Biden's pending decision on Nippon Steel's acquisition of United States Steel Corp. are believed to have adversely impacted CLF's stock.
  • The general market downturn likely also played a role in CLF's stock decline today.
  • Investors appear wary of potential consequences of foreign ownership in the U.S. steel industry, leading to a sell-off of CLF shares.

06.10.2024 - CLF Stock was up 20.1%

  • Despite Cleveland-Cliffs' Q3 earnings and revenues missing estimates, the stock experienced a strong bullish movement.
  • The market might have reacted positively due to potential optimism surrounding future automotive adjustments and the integration of Stelco.
  • Investors could be focusing on the fact that the stock closed the most recent trading day with a -1.59% movement, potentially seeing this as a buying opportunity after the recent dip.
  • Overall, the bullish movement in CLF's stock today could be attributed to investors looking beyond the Q3 shortfall and focusing on the company's future prospects and potential growth opportunities.

31.11.2024 - CLF Stock was up 5.2%

  • The bullish movement in CLF today can be attributed to the following factors:
  • CLF closed with a 0.65% increase despite the overall market dip, showing relative strength.
  • The resilience of CLF might stem from positive developments within the mining sector or specific company news that boosted investor confidence.
  • Investors could see CLF as a secure investment or a promising opportunity amid market instability, resulting in increased buying activity and a rise in the stock price.

04.01.2025 - CLF Stock was up 5.0%

  • Despite lower demand in the automotive sector, CLF experienced a strong bullish movement.
  • The market might be reacting positively to Cleveland-Cliffs' CEO's optimism for a recovery in 2025, citing potential boosts from tariffs.
  • Analyst downgrades and revenue misses in Q4 could have already been priced in by investors, leading to a more optimistic outlook for the future.
  • Investors might be focusing on the long-term potential and recovery prospects rather than short-term challenges.

08.00.2025 - CLF Stock was down 6.3%

  • CLF stock witnessed a bearish trend, despite receiving an analyst upgrade and optimistic price projections.
  • Concerns stemming from a legal dispute involving US Steel and Nippon Steel against the Biden administration, with implications for Cleveland-Cliffs, potentially contributed to market uncertainty and a negative investor sentiment.
  • The broader market downturn likely influenced CLF's bearish performance, overshadowing any positive developments or analyst upgrades.
  • Today's decline in CLF's stock price may also have been driven by profit-taking activities by investors following a recent surge in the stock's valuation.

19.11.2024 - CLF Stock was down 6.3%

  • CLF stock experienced a significant decline today, closing at $9.89 with a -0.6% change compared to the previous close.
  • Options trading data indicates that investors with substantial capital have taken a bearish stance on CLF.
  • The bearish market sentiment towards CLF could be attributed to concerns about global demand for iron ore, potential supply chain disruptions, or overall market volatility impacting the mining sector.
  • Investors may be reacting to macroeconomic factors or company-specific news that could be influencing the negative outlook on Cleveland-Cliffs.

13.00.2025 - CLF Stock was up 6.6%

  • Cleveland-Cliffs partnering with Nucor to potentially acquire United States Steel has generated positive investor sentiment and excitement in the market.
  • The potential bid for U.S. Steel, especially after the recent White House block of its takeover by Nippon Steel, has fueled optimism around Cleveland-Cliffs' growth prospects.
  • Analysts upgrading Cleveland-Cliffs stock and forecasting a price rebound, coupled with the overall positive market sentiment towards the company, have contributed to the bullish movement in CLF shares today.

13.00.2025 - CLF Stock was up 5.5%

  • Cleveland-Cliffs (CLF) closed at $10.05, up by +1.52% today, showing a strong bullish movement.
  • Investor optimism in CLF's growth prospects increased following the partnership with Nucor for a potential bid for U.S. Steel.
  • The positive market sentiment towards CLF was also influenced by analysts upgrading the stock due to expected U.S. steel price rebound under current tariff policies.
  • Despite legal actions from US Steel and Nippon Steel, creating market uncertainty, Cleveland-Cliffs managed to outperform expectations amidst industry turbulence.

07.01.2025 - CLF Stock was down 5.1%

  • The bearish movement in CLF can be attributed to the company issuing preliminary Q4 and full-year 2024 results, indicating lower demand in the automotive sector.
  • Market whales taking a bullish stance on CLF options contrast with the company's revenue miss and EBITDA loss for Q4, alongside a bleak 2024 outlook, which have likely contributed to the bearish sentiment.
  • Analysts' downgrades on Cleveland-Cliffs' price target and the CEO applauding tariffs for a potential 2025 boost may have added to the uncertainty surrounding the stock, leading to the bearish market movement.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.