Cleveland-Cliffs (NYSE:CLF) Price Target Lowered to $9.42 at Glj Research

Cleveland-Cliffs (NYSE:CLF) had its price objective reduced by Glj Research from $9.52 to $9.42 in a report released on Tuesday morning, MarketBeat Ratings reports. They currently have a sell rating on the mining company’s stock.

A number of other equities research analysts have also issued reports on CLF. JPMorgan Chase & Co. increased their target price on shares of Cleveland-Cliffs from $10.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, October 13th. Morgan Stanley raised Cleveland-Cliffs from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $12.80 to $17.00 in a research report on Friday, January 9th. The Goldman Sachs Group reiterated a “buy” rating and issued a $15.00 price objective on shares of Cleveland-Cliffs in a research note on Monday. KeyCorp cut Cleveland-Cliffs from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, January 7th. Finally, Wells Fargo & Company upgraded Cleveland-Cliffs from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $11.00 to $12.00 in a report on Friday, November 14th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $13.89.

Cleveland-Cliffs Price Performance

CLF opened at $12.25 on Tuesday. The firm has a market cap of $6.06 billion, a price-to-earnings ratio of -4.20 and a beta of 1.93. The company has a current ratio of 1.95, a quick ratio of 0.61 and a debt-to-equity ratio of 1.15. The stock’s 50-day moving average price is $13.46 and its 200 day moving average price is $12.27. Cleveland-Cliffs has a 12-month low of $5.63 and a 12-month high of $16.70.

Cleveland-Cliffs (NYSE:CLF) last issued its quarterly earnings results on Monday, February 9th. The mining company reported ($0.43) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.62) by $0.19. Cleveland-Cliffs had a negative net margin of 7.91% and a negative return on equity of 18.94%. The company had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.60 billion. During the same period in the prior year, the firm earned ($0.68) earnings per share. The business’s revenue for the quarter was down .3% compared to the same quarter last year. As a group, sell-side analysts expect that Cleveland-Cliffs will post -0.79 earnings per share for the current year.

Institutional Trading of Cleveland-Cliffs

Institutional investors have recently bought and sold shares of the business. Focus Partners Wealth purchased a new position in shares of Cleveland-Cliffs in the 1st quarter valued at about $339,000. Vontobel Holding Ltd. boosted its holdings in Cleveland-Cliffs by 2.5% in the second quarter. Vontobel Holding Ltd. now owns 91,158 shares of the mining company’s stock valued at $693,000 after purchasing an additional 2,216 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new position in Cleveland-Cliffs in the second quarter valued at approximately $27,000. Apollon Wealth Management LLC acquired a new stake in Cleveland-Cliffs during the second quarter worth approximately $416,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in Cleveland-Cliffs during the second quarter worth approximately $222,000. 67.68% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Cleveland-Cliffs

Here are the key news stories impacting Cleveland-Cliffs this week:

• Positive Sentiment: Operational and end‑market improvements could support recovery — management expects higher shipments in 2026 (≈16.8M tons), steady ~ $700M capex and highlighted potential margin/cash‑flow leverage as assets are fully operational; investors view this as a path to outsized free cash flow if pricing and utilization improve. MarketBeat: CLF Stock Sinks After Earnings
• Positive Sentiment: Auto market wins and trade/tariff dynamics may help a 2026 turnaround — coverage notes Cleveland‑Cliffs is gaining automotive share and that U.S. trade shifts (tariffs) could boost domestic steel demand. These are structural positives for future revenue and pricing. Yahoo: Auto Wins & Trade Shifts
• Neutral Sentiment: Q4 showed a smaller loss (EPS beat vs. consensus) but flat revenue — adjusted loss per share was better than expected while revenue missed estimates and was roughly flat year‑over‑year; the print is mixed and leaves valuation dependent on execution in 2026. Zacks: Q4 Earnings Beat, Revenues Miss
• Negative Sentiment: Revenue miss and higher near‑term cost risk pressured the stock — quarterly revenue came in below consensus and management flagged higher Q1 costs, which triggered a sharp selloff as investors focused on near‑term cash flow pain. Reuters: Revenue Miss
• Negative Sentiment: Uncertainty/delay around proposed POSCO partnership — management was vague on timing/details of a potential POSCO equity investment, leaving investors unsure whether that deal will provide near‑term strategic or balance‑sheet relief. Blockonomi: Partnership Delays
• Negative Sentiment: Analyst pressure and macro concerns — at least one shop lowered its price target and kept a sell rating, and commentators (e.g., Jim Cramer) say CLF needs more broad economic activity and favorable tariff/industry conditions to improve, adding downside risk if demand softens. InsiderMonkey: Cramer Comments

About Cleveland-Cliffs

Cleveland-Cliffs Inc is a leading North American producer of iron ore pellets and flat-rolled steel products. Tracing its roots to 1847, the company has evolved from an iron-ore mining concern in the Great Lakes region into a fully integrated steelmaker. Today, Cleveland-Cliffs operates iron ore mining complexes in Michigan and Minnesota as well as steelmaking and finishing facilities across the United States.

The company’s integrated platform begins with direct control of key raw materials, including iron ore and scrap, and extends through every stage of steel production.