Cleveland-Cliffs Inc. (CLF)

NYSE: CLF · Real-Time Price · USD
13.60
+0.31 (2.33%)
At close: May 29, 2026, 4:00 PM EDT
13.56
-0.04 (-0.26%)
After-hours: May 29, 2026, 7:58 PM EDT
Market Cap7.76B +108.0%
Revenue (ttm)18.90B +1.5%
Net Income-1.22B
EPS-2.31
Shares Out 570.41M
PE Ration/a
Forward PE500.00
Dividendn/a
Ex-Dividend Daten/a
Volume25,488,459
Open13.27
Previous Close13.29
Day's Range13.16 - 13.94
52-Week Range5.63 - 16.70
Beta2.01
AnalystsHold
Price Target10.50 (-22.79%)
Earnings DateJul 20, 2026

About CLF

Cleveland-Cliffs Inc. operates as a steel producer in the United States and Canada. It offers hot-rolled, cold-rolled, and coated products, such as aluminized, electrogalvanized, and galvalume products, as well as galvanneal and hot-dipped galvanized products; stainless and electrical products, including GOES, NOES, and auto chrome; plate products; and slab and other steel products. The company also provides non- steelmaking products comprising stamped components, tool and die, and tubing; and scrap, iron ore, HBI, coal, and coke products. It a... [Read more]

Industry Steel
Sector Materials
Founded 1847
Employees 25,000
Stock Exchange NYSE
Ticker Symbol CLF
Full Company Profile

Financial Performance

In 2025, Cleveland-Cliffs's revenue was $18.61 billion, a decrease of -3.00% compared to the previous year's $19.19 billion. Losses were -$1.48 billion, 94.5% more than in 2024.

Financial Statements

Analyst Summary

According to 13 analysts, the average rating for CLF stock is "Hold." The 12-month stock price target is $10.5, which is a decrease of -22.79% from the latest price.

Price Target
$10.5
(-22.79% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Signal: Red-Hot Steel Stock Has Room To Run

Cleveland-Cliffs Inc (NYSE:CLF) stock is up 7.2% to trade at $12.85 today, on track for its best single-session gain in over a month. The steel company was awarded General Motors' (GM) Supplier of the...

3 days ago - Forbes

Cleveland-Cliffs Awarded 2025 GM Supplier of the Year by General Motors

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) was named 2025 GM Supplier of the Year by General Motors at its 34th annual Supplier of the Year event. Cleveland-Cliffs was the only Nort...

9 days ago - Business Wire

Barclays starts Cleveland-Cliffs at Underweight on higher leverage

Barclays last night initiated coverage of Cleveland-Cliffs (CLF) with an Underweight rating and $9 price target The stock in premarket trading is down 7c to $10.63. The firm is “encouraged”…

9 days ago - TheFly

Cleveland-Cliffs initiated with an Underweight at Barclays

Barclays initiated coverage of Cleveland-Cliffs (CLF) with an Underweight rating and $9 price target

10 days ago - TheFly

Cleveland-Cliffs Transcript: AGM 2026

The meeting confirmed the election of all board nominees, approval of executive compensation, and auditor ratification. Strategic focus remains on automotive steel, electrical steel, and shipbuilding, with plans to reduce debt and address Canadian operational challenges.

17 days ago - Transcripts

Cleveland-Cliffs price target raised to $10 from $9 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Cleveland-Cliffs (CLF) to $10 from $9 and keeps a Neutral rating on the shares. The firm’s steel price outlook is revised higher…

4 weeks ago - TheFly

Cleveland-Cliffs enters multi-year partnership with Palantir

Cleveland-Cliffs (CLF) announced it has entered a strategic partnership with Palantir Technologies (PLTR) to deploy advanced AI-driven solutions across its footprint. The recently executed three-year ...

Other symbols: PLTR
4 weeks ago - TheFly

Cleveland‑Cliffs Announces Multi-Year Partnership with Palantir to Deploy AI Platform

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced it has entered a strategic partnership with Palantir Technologies to deploy advanced AI‑driven solutions across its footpr...

4 weeks ago - Business Wire

Tariffs Rose: 1 Steelmaker Thrived, 1 Still Struggles

On April 20, two of America's largest steel companies reported earnings at a time that should have been bullish for steel companies. Imports are at a 17-year low in a tariff-sheltered market.

Other symbols: STLD
5 weeks ago - MarketBeat

Cleveland-Cliffs price target lowered to $12 from $16.80 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Cleveland-Cliffs (CLF) to $12 from $16.80 and keeps an Overweight rating on the shares. The firm is updating its estimates following Q1…

5 weeks ago - TheFly

Cleveland-Cliffs price target lowered to $11 from $13 at Citi

Citi lowered the firm’s price target on Cleveland-Cliffs (CLF) to $11 from $13 and keeps a Neutral rating on the shares. The firm views the company’s cost guidance as disappointing.

5 weeks ago - TheFly

Cleveland-Cliffs says Q1 the beginning of sustained improvement progression

Says clear signs of positive trends forming. Says order book full, with automotive OEM’s booking more. Says Canada market oversupplied due to dumping. Says rising energy costs the biggest one-time…

5 weeks ago - TheFly

Cleveland-Cliffs expects costs to ‘fall meaningfully’ in 2H26

Sees positive free cash flow in Q2 and strong free cash flow generation in 2H26.

5 weeks ago - TheFly

Cleveland-Cliffs sees costs ‘ticking up a bit’ in Q2

Expects Q2 shipments to improve and remain above 4.1M tons. Expects automotive shipments to increase in Q2. Says “no longer in a hurry” to complete Posco deal. “Confident” that all…

5 weeks ago - TheFly

Cleveland-Cliffs says shipment volumes expected to increase in Q2

Says volumes expected to increase from Q1 to Q2 as demand continues to improve. Says mix expected to continue to shift to higher-margin business in Q2. Comments taken from investor…

5 weeks ago - TheFly

Cleveland-Cliffs says under contract or closed 8 non-EBITDA contributing assets

Says under contract, closed, or agreements in principle for 8 non-EBITDA contributing assets. Total value for these deals is $425M, with about $70M received to date. Says 100% of net…

5 weeks ago - TheFly

Cleveland-Cliffs says liquidity $3.1B as of March 31

Says leverage target is 2.5x. Says committed to utilizing 100% of cash flow towards debt repayment. Capital allocation priorities are as follows: Debt reduction is number one priority; Maintain ample…

5 weeks ago - TheFly

Cleveland-Cliffs Earnings Call Transcript: Q1 2026

Q1 2026 saw a strong recovery in pricing and shipments, with adjusted EBITDA up $274 million year-over-year. Outlook for Q2 and Q3 is positive, with higher shipments, improved pricing, and major cash inflows expected. Asset sales and operational efficiencies are set to further strengthen results.

5 weeks ago - Transcripts

Cleveland-Cliffs Slides: Q1 2026

Cleveland-Cliffs has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 20, 2026.

5 weeks ago - Filings

Cleveland-Cliffs Earnings release: Q1 2026

Cleveland-Cliffs released its Q1 2026 earnings on April 20, 2026, summarizing the period's financial results.

5 weeks ago - Filings

Cleveland-Cliffs Quarterly report: Q1 2026

Cleveland-Cliffs has published its Q1 2026 quarterly earnings report on April 20, 2026.

5 weeks ago - Filings

Cleveland-Cliffs Reports First-Quarter 2026 Results

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2026. First-Quarter Consolidated Results Steel shipments of 4.1 millio...

5 weeks ago - Business Wire

Cleveland-Cliffs to Announce First-Quarter 2026 Earnings Results and Host Conference Call on April 20

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce first-quarter 2026 earnings results before the U.S. market open on Monday, April 20, 2026. The Company invites interested pa...

2 months ago - Business Wire

Cleveland-Cliffs Proxy statement: Proxy filing

Cleveland-Cliffs filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Cleveland-Cliffs Proxy statement: Proxy filing

Cleveland-Cliffs filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings