Stock·NYSE·Basic Materials
Cleveland-Cliffs Inc. (CLF)
- Market cap
- $7.63B
- Dividend yield
- None
- Street target
- $12.50median of 13 analysts
- 52-week range
- $7.73 $15.35
CLF stock forecast today
Where CLF stands today, and what CleaRank Financial AI makes of it.
CLF at a glance
Cleveland-Cliffs Inc. (CLF): Hold, 57/100 on CleaRank's AI score.
- Trend Up: the price is above both its 50- and 200-day moving averages ($12.18 and $11.35).
- Earnings CLF beat estimates in 4 of the 4 reports in our data, yet fell the next day after 2 of those beats.
- Insiders Insiders sold $43.0M and bought $200K over the last 18 months.
Figures as of October 26, 2026.
CleaRank Financial AI
Cleveland-Cliffs Inc. (CLF) carries a CleaRank rating of Hold and a model score of 57/100.
Trend adds the most to that score: the price sits 17.84% above its 200-day average and 9.82% above its 50-day average, and the 50-day average is 7.30% above the 200-day. Profitability drags hardest, with a net margin of -2.36% and return on equity of -7.27% below the sector median. The 50-day average is $12.18 and the 200-day is $11.35. Across the past year the price gained 1.90%.
Only on CleaRank
Figures we compute ourselves from CLF's own price, earnings and insider-filing history. Tap one to see it in context.
CLF stock price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
4/4Price above its 50-day average ›
The price of $13.38 is 9.8% above the 50-day simple moving average of $12.18.Price above its 200-day average ›
The price is 17.8% above the 200-day simple moving average of $11.35.50-day average above the 200-day ›
The 50-day average ($12.18) is 7.3% above the 200-day average ($11.35), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 74% of its 52-week range, between $7.73 and $15.35.
CLF share price
Pick a period: each tab shows how far CLF has moved over it, to the last close.
Today's trading
Where CLF sits inside today's range and its 52-week range.
CLF fundamentals and valuation
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
2/3P/S below the sector median ›
The price-to-sales ratio of 0.38 is 90.9% below the sector median of 4.2.Profitable over the last 12 months ›
Net income over the last 12 months was -$464.0M on revenue of $20.1B, a net margin of -2.3%.Beat estimates in most recent reports ›
CLF beat the EPS estimate in 4 of the 4 reports in our data.
Key statistics
The headline figures for CLF.
As of October 26, 2026, CLF trades at $13.38, with a market value of $7.63B and no P/E ratio (its trailing earnings are negative).
What the numbers say
CleaRank Financial AI's reading of CLF's valuation, growth and risks.
Cleveland-Cliffs Inc. (CLF) has no meaningful P/E, because its earnings per share over the last 12 months are negative. On sales, the P/S of 0.38 compares with a sector median of 4.2, 90.5% below it. CLF has a market value of $7.6B and trailing earnings of -$0.83 a share.
Cleveland-Cliffs Inc. is currently losing money, with a net margin of -2.36% and an operating margin of 6.70%. Return on equity stands at -7.27%, below the sector median of 17.9%. Debt-to-equity of 1.28 completes the picture.
The October 19, 2026 report beat expectations by 16.67%: EPS of $0.28 against an estimate of $0.24. The stock still fell 3.19% in the next session.
The record is a clean sweep: 4 beats in 4 reports; even so, 2 of those 4 beats were followed by a lower share price the next session. The largest of the earlier reactions came after the July 23, 2026 report, which beat the estimate by 9.09% while the stock rose 8.85%. Looking ahead, analysts expect EPS of $0.06 this fiscal year and $1.46 the year after.
Measured by the 30-day standard deviation of its daily returns, CLF moves about 4.83% a day, and its beta against the S&P 500 is 2.09. Insiders sold $43.0M of stock over the last 18 months while buying $200K. Insider sales are often planned in advance or made to cover tax on vesting shares, so they carry less weight than open-market buying.
CLF against the Basic Materials sector
How CLF compares with the median Basic Materials stock CleaRank tracks.
Price to sales vs sector: On price-to-sales, the yardstick used here in place of P/E, CLF trades at 0.3803x, far below the sector average of 4.20x.
Return vs XLB: Since May 14, 2025, CLF has gained 77.5% against a gain of 20.7% for XLB.
Performance against XLB
CLF and the Basic Materials sector fund over the same days.
Revenue and earnings
How much CLF sells, and how much of it becomes profit.
The quarterly bars end with Q2 '26 (the quarter to June 30, 2026); CLF reported again on October 19, 2026, and that quarter is not in our statement data yet. The 12-month figures come from the statistics feed and may include it.
Revenue growth: Revenue fell 3.0% in FY2025 to $18.6B, from $19.2B a year earlier.
Profit margin: The net margin was -7.7% in FY2025, down from -3.7% the year before.
Loss-making: CLF lost $1.4B in FY2025.
Earnings reality check
Did CLF beat what analysts expected, and how did the stock react?
Earnings record: CLF beat the analyst estimate in 4 of the 4 reports in our data.
Market reaction: The stock fell in the first session after 2 of those 4 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Oct 19, 2026after close | $0.24 | $0.28 | +16.67% | -3.19% | -5.11% |
| Jul 23, 2026after close | -$0.22 | -$0.20 | +9.09% | +8.85% | +6.11% |
| Apr 20, 2026after close | -$0.42 | -$0.40 | +4.76% | -6.17% | +9.04% |
| Jul 21, 2025after close | -$0.67 | -$0.50 | +25.37% | +6.19% | +5.63% |
As of October 26, 2026, CLF has beaten the analyst EPS estimate in 4 of the 4 reports in our data and fell in the first trading session after 2 of those beats; its latest report, on October 19, 2026, came in 16.67% above the estimate and the stock moved -3.19% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
CLF AI analysis and technical indicators
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
3/3RSI not overbought or oversold ›
The 14-day RSI is 55.5, in neutral territory.RSI above 50 ›
An RSI of 55.5 is above the 50 midpoint, so buyers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is positive, so the 12-day average is above the 26-day average.
CleaRank Financial AI analysis of CLF
The score, the reasoning behind it, and what could move the price next.
Cleveland-Cliffs Inc. (CLF) is trading at $13.38, above both of its main moving averages. The price sits 9.82% above the 50-day average of $12.18 and 17.84% above the 200-day average of $11.35. It is at 74% of its 52-week range, and 12.83% below the 52-week high of $15.35.
The price is up over each of these periods: 9.85% over the past month, 9.22% over the past three months and 1.90% over the past year. On momentum, the 14-day RSI reads 55.5, in the neutral zone, with the MACD line positive.
Analyst upgrade ›
Wells Fargo upgraded it to Overweight from Equal-Weight on October 6, 2026.
Source: Analyst action, Wells Fargo, October 6, 2026
Rating reaffirmed ›
Barclays kept its Underweight rating on October 19, 2026.
Source: Analyst action, Barclays, October 19, 2026
Earnings beat, but the stock fell ›
The October 19, 2026 report beat the EPS estimate by 16.67%, and the share price fell 3.19% in the first session after it.
Source: Earnings report, October 19, 2026
- The two levels nearest the price are the 52-week high at $15.35, above it, and the 20-day EMA at $12.86, below it.
- A 14-day RSI of 55.5 sits in the neutral zone, and the MACD line is positive. Readings above 70 or below 30 would signal stretched momentum.
- After the October 19, 2026 report the share price fell 3.19% in the first session; CLF beat estimates in 4 of the 4 reports in our data.
CLF sits above its 50-day and 200-day moving averages ($12.18 and $11.35), and that keeps the trend up. A drop below the 50-day would be the first warning sign. The nearest level beneath the price is the 20-day EMA, at $12.86.
The next level overhead is the 52-week high of $15.35. The 14-day RSI stands at 55.5, which is in the neutral band between 40 and 60.
Technical indicators
Momentum and trend for CLF, from its daily closes.
As of October 26, 2026, with CLF at $13.38, its 14-day RSI is 55.5 (neutral territory), its 50-day simple moving average is $12.18 and its 200-day is $11.35.
Calculated by CleaRank on daily closes as of October 26, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these
What CLF moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 26, 2026, CLF's 1-year correlation of daily returns is +0.45 with S&P 500 (SPY), +0.42 with Nasdaq 100 (QQQ), +0.17 with Bitcoin (BTC) and +0.23 with gold (XAU).
CLF price target and analyst forecast
The analysts' target range and how their ratings split.
Analysts checks
1/3Most analysts rate it a buy ›
2 of 13 analysts rate it a buy or strong buy, 10 a hold and 1 a sell.Median target above the price ›
The median 12-month target of $12.50 is 6.6% below the price.More buy ratings than three months ago ›
2 of 13 rate it a buy now, against 1 of 13 three months ago.
CLF Wall Street View
12-month price targets
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Oct 19, 2026 | Barclays | Maintains | Underweight |
| Oct 9, 2026 | JP Morgan | Maintains | Neutral |
| Oct 6, 2026 | Wells Fargo | Upgrade | Overweight |
| Sep 21, 2026 | GLJ Research | Maintains | Buy |
| Sep 18, 2026 | GLJ Research | Reiterates | Buy |
| Sep 9, 2026 | JP Morgan | Maintains | Neutral |
As of October 26, 2026, 13 Wall Street analysts cover CLF: 2 rate it a buy or strong buy, 10 a hold and 1 a sell or strong sell. Their 12-month price targets range from $11.00 to $15.00. The median CLF price target is $12.50, 6.6% below the price of $13.38.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
CLF trade plan: entry, stop loss and targets
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
CLF trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Entry Strategies pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
CLF moves about 4.8% a day on average, so a stop can fill well past its level. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much CLF tends to move, against the market and on its own.
CLF price history and drawdowns
CLF's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
1/4Average daily move under 2% ›
The price has moved 4.83% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 82.2%, from March 2022 to May 2025; the price is still 59.0% below that peak.Most 1-year holds ended higher ›
50% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $27,691, against $42,015 in the S&P 500 (SPY).
CLF Drawdowns & Recovery
As of October 26, 2026, CLF's worst peak-to-trough fall over the last 10 years with dividends reinvested was -82.2% (March 2022 to May 2025); it is still 59.0% below that peak, and 50% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into CLF in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: CLF trailed the S&P 500 over this period: $27,691 against $42,015.
A $10,000 investment in CLF in October 2016 would be worth about $27,691 today with dividends reinvested, compared with about $42,015 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to CLF, and which have not.
Strongest month, July: an average of +13.19%, up in 9 of 10 years.
Weakest month, March: an average of -6.90%, up in 2 of 10 years.
This month, October: has averaged +3.35%, up in 7 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, CLF's strongest calendar month has been July (average +13.19%, up in 9 of 10 years) and its weakest March (average -6.90%, up in 2 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
CLF stock price prediction 2030
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in CLF, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 4-year Monte Carlo simulation, based on 10 years of price history, projects that a $10,000 investment in CLF today could grow to about $13,513 by 2030 in the base case, with a 90th-percentile outcome near $48,681 and a 10th-percentile outcome around $3,751. Projections are statistical simulations, not guarantees.
CLF Stock Price Prediction 2030: Simulated Scenarios
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $18.08 for CLF by 2030 in the base case, from $13.38 today (1.4x over 4 years). The 10th-percentile path ends near $5.02. These are outcomes of a Monte Carlo simulation run on CLF's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $7.60 | $14.43 | $27.38 | |
| 2028 | $6.28 | $15.55 | $38.50 | |
| 2029 | $5.53 | $16.77 | $50.88 | |
| 2030 | $5.02 | $18.08 | $65.13 |
Method: a lognormal simulation of CLF's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. How the simulation works
CLF insider trading
What the people running the company have bought and sold.
CLF insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Net insider selling: Insiders bought $200K on the open market and sold $43.0M.
As of October 26, 2026, CLF insiders reported 4 open-market sales worth $43.0M and 1 open-market purchase worth $200K over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Jul 1, 2026 | Ron A. Bloom
Director
|
Grant | 4.2K | $40.0K |
| Jul 1, 2026 | Jane M. Cronin
Director
|
Grant | 4.2K | $40.0K |
| Jun 5, 2026 | Celso L. Goncalves Jr.
Chief Financial Officer
|
Sell | 214.3K | $2.9M |
| Apr 21, 2026 | Ron A. Bloom
Director
|
Grant | 15.3K | - |
| Apr 21, 2026 | Edilson Camara
Director
|
Grant | 15.3K | - |
| Apr 21, 2026 | Jane M. Cronin
Director
|
Grant | 15.3K | - |
| Apr 21, 2026 | Ralph S Michael III
Director
|
Grant | 15.3K | - |
| Apr 21, 2026 | Ben Oren
Director
|
Grant | 15.3K | - |
| Apr 21, 2026 | Arlene M Yocum
Director
|
Grant | 15.3K | - |
| Apr 1, 2026 | Ron A. Bloom
Director
|
Grant | 4.8K | $40.0K |
| Apr 1, 2026 | Jane M. Cronin
Director
|
Grant | 4.5K | $37.5K |
| Apr 1, 2026 | Gabriel Stoliar
Director
|
Grant | 2.4K | $20.0K |
| Feb 17, 2026 | Clifford T. Smith
Chief Operating Officer
|
Sell | 200.0K | $2.1M |
| Feb 13, 2026 | Edilson Camara
Director
|
Buy | 19.7K | $199.6K |
| Feb 11, 2026 | Lourenco Celso Goncalves
Chief Executive Officer
|
Sell | 3.0M | $37.3M |
| Jan 2, 2026 | Ron A. Bloom
Director
|
Grant | 3.0K | $40.0K |
| Jan 2, 2026 | Jane M. Cronin
Director
|
Grant | 3.0K | $40.0K |
| Jan 2, 2026 | Gabriel Stoliar
Director
|
Grant | 1.5K | $20.0K |
| Nov 12, 2025 | Edilson Camara
Director
|
Grant | 5.6K | - |
| Oct 1, 2025 | Ron A. Bloom
Director
|
Grant | 3.2K | $40.0K |
| Oct 1, 2025 | Jane M. Cronin
Director
|
Grant | 3.2K | $40.0K |
| Oct 1, 2025 | Gabriel Stoliar
Director
|
Grant | 1.6K | $20.0K |
| Jul 1, 2025 | Ron A. Bloom
Director
|
Grant | 4.9K | $40.0K |
| Jul 1, 2025 | Jane M. Cronin
Director
|
Grant | 4.9K | $40.0K |
| Jul 1, 2025 | Gabriel Stoliar
Director
|
Grant | 2.5K | $20.0K |
| May 23, 2025 | James D. Graham
Officer
|
Sell | 120.0K | $822.0K |
Source: TwelveData, from SEC Form 4 filings
CLF stock forecast: questions people ask
Answered from the figures on this page, as of October 26, 2026.