Cleveland-Cliffs Inc. (CLF) stock forecast & analysis
13.97
NYSE · USDDelayed by 20 minutes
Up: +1.85, +15.3%
1 analysis
Latest analysis: · verdict locked
- Open
- 14.20
- Previous close
- 12.12
- Day range
- 12.94 – 14.58
- 52-week range
- 7.73 – 16.70
- Volume (shares)
- 35.52M
- Net assets
- Not available
- Expense ratio
- Not available
- Shares outstanding
- 570.54M
- P/E ratio
- Not available
- Dividend yield
- 0.00%
- Beta
- 2.09
- Market cap
- 7.97B
Market Scanner’s AI analysis of Cleveland-Cliffs Inc. (CLF), updated October 2026: Cleveland-Cliffs' recent reports covered strong Q3 results and optimistic 2027 EBITDA projections, alongside technical indicators suggesting upward momentum.
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Summary
Cleveland-Cliffs' recent reports covered strong Q3 results and optimistic 2027 EBITDA projections, alongside technical indicators suggesting upward momentum.
Recent analyses for Cleveland-Cliffs (CLF) examined the company's financial performance, noting a challenging period with net losses in recent quarters despite year-over-year revenue growth. Market analyses highlighted positive technical indicators, including the price trading above key moving averages and bullish momentum signals. News analyses focused on strong third-quarter results, adjusted earnings, and an optimistic forecast for 2027 adjusted EBITDA.
CLF news & sentiment
News coverage highlighted strong third-quarter results and an optimistic future outlook, contributing to a positive stock reaction. Social media discussions reflected this sentiment, with some analyses noting a "buy" signal based on the company's performance and projections.
CLF technical picture
The price was trading above its 50-day and 200-day simple moving averages, indicating positive medium and long-term trends. Short-term momentum was also positive, supported by the 10-day exponential moving average being below the current price. The Relative Strength Index and Money Flow Index were approaching overbought territory, signaling strong buying pressure, while the MACD indicated bullish momentum.
Fundamentals
The company experienced net losses in recent quarters, with negative profit and operating margins. Revenue showed year-over-year growth, but gross profit remained negative. The notes did not cover cash flow, valuation, or capital intensity.
Factors discussed — upside
- Third-quarter results showed adjusted earnings and surpassed revenue estimates.
- Company performance bolstered by higher volumes and selling prices.
- Strongest quarter in three years reported.
- Optimistic forecast for 2027 adjusted EBITDA exceeding $4 billion.
- Price trading above 50-day and 200-day SMAs, indicating positive medium and long-term trends.
Factors discussed — risks
- Reported net loss of $145 million for the quarter ending June 30, 2026.
- Trailing twelve months revenue with a negative profit margin of -4.6%.
- Negative gross profit in recent quarters.
- RSI approaching overbought territory (65.97).
- Financial performance
- Market technicals
- Future projections
- Quarterly results
Summary updated .
CLF technical indicators
Common technical indicators for CLF, computed from its daily closing prices.
| Indicator | Value | Reading |
|---|---|---|
| 50-day simple moving average | 12.04 | Price above |
| 10-day exponential moving average | 12.62 | Price above |
| Relative strength index (14-day) | 65.97 | Neutral |
| MACD line (12/26/9) | 0.2677 | Above its signal line |
| Bollinger bands (20-day, 2σ) | 10.76 – 13.67 | Price above the upper band |
Analyses
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Frequently asked questions
- What is the bull case for Cleveland-Cliffs Inc.?
- Recent analyses highlighted Cleveland-Cliffs' strong third-quarter performance, marked by adjusted earnings and revenue that surpassed estimates, driven by increased volumes and selling prices. The company reported its strongest quarter in three years and provided an optimistic 2027 forecast for adjusted EBITDA exceeding $4 billion, supported by positive technical indicators showing upward price momentum.
- What are the risks for Cleveland-Cliffs Inc.?
- The analyses noted recent financial challenges for Cleveland-Cliffs, including net losses in the latest quarters and a negative profit margin over the trailing twelve months. Gross profit has also been negative in recent periods, and while the Relative Strength Index is approaching overbought territory, indicating strong buying pressure, these factors represent potential headwinds.
- Is Cleveland-Cliffs Inc. bullish or bearish?
- Recent AI analyses of Cleveland-Cliffs Inc. examined factors on both sides. Discussed upside: Recent analyses highlighted Cleveland-Cliffs' strong third-quarter performance, marked by adjusted earnings and revenue that surpassed estimates, driven by increased volumes and selling prices. The company reported its strongest quarter in three years and provided an optimistic 2027 forecast for adjusted EBITDA exceeding $4 billion, supported by positive technical indicators showing upward price momentum. Discussed risks: The analyses noted recent financial challenges for Cleveland-Cliffs, including net losses in the latest quarters and a negative profit margin over the trailing twelve months. Gross profit has also been negative in recent periods, and while the Relative Strength Index is approaching overbought territory, indicating strong buying pressure, these factors represent potential headwinds. These are descriptive observations, not a recommendation.
- What is the latest sentiment on Cleveland-Cliffs Inc.?
- News coverage highlighted strong third-quarter results and an optimistic future outlook, contributing to a positive stock reaction. Social media discussions reflected this sentiment, with some analyses noting a "buy" signal based on the company's performance and projections.
- How does Market Scanner analyse Cleveland-Cliffs Inc.?
- Every analysis of Cleveland-Cliffs Inc. runs the same five stages: four analysts read the market independently, a bull and a bear debate what they found, one agent turns the ruling into a position, three risk perspectives stress-test it, and a final agent writes the report. Market Scanner publishes what each stage does, with figures computed from the analyses on the platform rather than written in by hand.Read the methodology
What is the bull case for Cleveland-Cliffs Inc.?
Recent analyses highlighted Cleveland-Cliffs' strong third-quarter performance, marked by adjusted earnings and revenue that surpassed estimates, driven by increased volumes and selling prices. The company reported its strongest quarter in three years and provided an optimistic 2027 forecast for adjusted EBITDA exceeding $4 billion, supported by positive technical indicators showing upward price momentum.
What are the risks for Cleveland-Cliffs Inc.?
The analyses noted recent financial challenges for Cleveland-Cliffs, including net losses in the latest quarters and a negative profit margin over the trailing twelve months. Gross profit has also been negative in recent periods, and while the Relative Strength Index is approaching overbought territory, indicating strong buying pressure, these factors represent potential headwinds.
Is Cleveland-Cliffs Inc. bullish or bearish?
Recent AI analyses of Cleveland-Cliffs Inc. examined factors on both sides. Discussed upside: Recent analyses highlighted Cleveland-Cliffs' strong third-quarter performance, marked by adjusted earnings and revenue that surpassed estimates, driven by increased volumes and selling prices. The company reported its strongest quarter in three years and provided an optimistic 2027 forecast for adjusted EBITDA exceeding $4 billion, supported by positive technical indicators showing upward price momentum. Discussed risks: The analyses noted recent financial challenges for Cleveland-Cliffs, including net losses in the latest quarters and a negative profit margin over the trailing twelve months. Gross profit has also been negative in recent periods, and while the Relative Strength Index is approaching overbought territory, indicating strong buying pressure, these factors represent potential headwinds. These are descriptive observations, not a recommendation.
What is the latest sentiment on Cleveland-Cliffs Inc.?
News coverage highlighted strong third-quarter results and an optimistic future outlook, contributing to a positive stock reaction. Social media discussions reflected this sentiment, with some analyses noting a "buy" signal based on the company's performance and projections.
How does Market Scanner analyse Cleveland-Cliffs Inc.?
Every analysis of Cleveland-Cliffs Inc. runs the same five stages: four analysts read the market independently, a bull and a bear debate what they found, one agent turns the ruling into a position, three risk perspectives stress-test it, and a final agent writes the report. Market Scanner publishes what each stage does, with figures computed from the analyses on the platform rather than written in by hand.
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- gemini-low-v2
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