News
Market and company headlines
Barclays analyst Richard Garchitorena maintains Cleveland-Cliffs (NYSE:CLF) with a Underweight and raises the price target from $11 to $12.

JP Morgan analyst Bill Peterson maintains Cleveland-Cliffs (NYSE:CLF) with a Neutral and raises the price target from $12 to $13.

For questions about this article or underlying research, email help@trefis.com.

Cleveland-Cliffs (CLF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Cleveland-Cliffs just reported Q3 2026 and the story on the screen is very different from the story in the numbers. The stock slipped 3.2% today to about US$13.65, easing back after a strong 90 day run, even as the business swung from losses earlier this year to earnings of US$0.27 per share and US$5.6b in revenue. That move hints at investors fixating on old worries about leverage and volatility, while a powerful earnings recovery and US$612m in adjusted earnings before interest, tax,...

Although the revenue and EPS for Cleveland-Cliffs (CLF) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
The steelmaker is also postponing a blast furnace relining at Burns Harbor, Indiana by one year amid a positive market backdrop supported by automotive demand and tariffs.

Cleveland-Cliffs just posted its best quarter in three years, yet traders are fleeing the stock this morning while the broader steel sector sits nearly flat. Whether this selloff is a buying opportunity or a warning sign depends on one looming question.
Cleveland-Cliffs has seen sharp swings over the past few years, and that volatility now puts a spotlight on a simple question. At around US$14.10 a share, is the current market price for Cleveland-Cliffs stock adequately backed by the steel producer's sales base? Over the past 5 years, the share price has fallen about 44.5%, which raises the issue of whether the market is now placing a restrained or still demanding value on the revenue it produces. Recent news around stronger profitability,...

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?
Cleveland-Cliffs (CLF) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.


- Reuters

Wells Fargo analyst Timna Tanners maintains Cleveland-Cliffs (NYSE:CLF) with a Overweight and raises the price target from $14 to $17.

Key TakeawaysCleveland-Cliffs shares surged after Q3 adjusted EBITDA reached $612 million, beating management’s $575 million guidance. Management expects 2027 adjusted EBITDA to exceed $4 billion, more than double its approximately $1.

Cleveland-Cliffs, with a steelmaking plant in Middletown and one of Butler County’s largest employers, had its strongest third quarter in three years, according to company officials. The results were released Monday, Oct. 19 and were above analyst expectations, supported by higher steel prices and increased revenue compared with the previous year. The company generated third-quarter revenue of ...
Cleveland-Cliffs (NYSE:CLF) snapped a five-day losing streak on Monday, surging 16.34 percent to close at $14.10 after reporting its strongest quarterly performance in three years, returning to profitability and fueling hopes of a sustained recovery this year. In an updated report, the steelmaker said it swung to a net income attributable to shareholders of $152 […]

Management's committing all free cash flow to debt reduction even after hitting its leverage target, signaling confidence in sustained profitability.
Moby summary of Cleveland-Cliffs Inc.'s Q3 2026 earnings call

Cleveland-Cliffs (CLF:NYSE) shares are up about 18% this afternoon (trading at about $14) after the steelmaker posted its strongest quarter in three years and said 2027 adjusted EBITDA should top $4 billion. That outlook is the real news.

Cleveland-Cliffs (CLF) concluded the recent trading session at $12.58, signifying a -2.18% move from its prior day's close.

https://www.bloomberg.com/news/articles/2026-10-14/canada-threatens-to-force-cleveland-cliffs-clf-to-sell-assets-over-layoffs

Get a deeper insight into the potential performance of Cleveland-Cliffs (CLF) for the quarter ended September 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

Cracker Barrel, Best Buy, Beazer Homes, Cleveland-Cliffs and Bath & Body Works draw broker support amid market uncertainty, with earnings beats and growth initiatives.



Cleveland-Cliffs (CLF) just delivered a much stronger third quarter, reporting a return to profitability, adjusted EBITDA of $612 million, and a stock move that caught investors’ attention following guidance indicating expectations for higher future profitability. The sharp 16.3% 1 day share price return to US$14.10 sits on top of a 52.4% 90 day share price return, yet the 1 year total shareholder return is still down 12.9%. This indicates that momentum has turned up recently while longer...



