Glj Research Issues Pessimistic Forecast for Cleveland-Cliffs (NYSE:CLF) Stock Price

Cleveland-Cliffs (NYSE:CLF) had its price objective reduced by equities researchers at Glj Research from $9.52 to $9.42 in a research report issued to clients and investors on Tuesday, Marketbeat reports. The firm currently has a “sell” rating on the mining company’s stock. Glj Research’s price target would indicate a potential downside of 24.43% from the company’s current price.

CLF has been the subject of several other reports. The Goldman Sachs Group reissued a “buy” rating and set a $15.00 target price on shares of Cleveland-Cliffs in a research note on Monday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cleveland-Cliffs in a report on Tuesday, January 27th. Bank of America increased their price objective on shares of Cleveland-Cliffs from $12.50 to $14.50 and gave the company a “neutral” rating in a research report on Tuesday, October 21st. JPMorgan Chase & Co. lifted their price objective on shares of Cleveland-Cliffs from $10.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, October 13th. Finally, Morgan Stanley upgraded shares of Cleveland-Cliffs from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $12.80 to $17.00 in a research note on Friday, January 9th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $13.89.

Cleveland-Cliffs Stock Up 1.6%

Shares of NYSE:CLF opened at $12.47 on Tuesday. The firm has a market capitalization of $7.11 billion, a PE ratio of -4.27 and a beta of 1.93. Cleveland-Cliffs has a 1 year low of $5.63 and a 1 year high of $16.70. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.95 and a quick ratio of 0.61. The firm’s 50-day moving average is $13.44 and its two-hundred day moving average is $12.27.

Cleveland-Cliffs (NYSE:CLF) last announced its quarterly earnings data on Monday, February 9th. The mining company reported ($0.43) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.62) by $0.19. The firm had revenue of $4.31 billion during the quarter, compared to analysts’ expectations of $4.60 billion. Cleveland-Cliffs had a negative net margin of 7.91% and a negative return on equity of 18.94%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.68) earnings per share. Analysts predict that Cleveland-Cliffs will post -0.79 EPS for the current year.

Insider Transactions at Cleveland-Cliffs

In related news, CEO Lourenco Goncalves sold 3,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $12.42, for a total transaction of $37,260,000.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.71% of the stock is owned by corporate insiders.

Institutional Trading of Cleveland-Cliffs

Several institutional investors and hedge funds have recently bought and sold shares of CLF. Oregon Public Employees Retirement Fund increased its stake in Cleveland-Cliffs by 0.9% in the third quarter. Oregon Public Employees Retirement Fund now owns 99,649 shares of the mining company’s stock valued at $1,216,000 after purchasing an additional 900 shares during the period. Public Employees Retirement System of Ohio grew its position in Cleveland-Cliffs by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 152,009 shares of the mining company’s stock valued at $1,855,000 after buying an additional 943 shares during the last quarter. Moors & Cabot Inc. increased its stake in Cleveland-Cliffs by 3.0% in the 3rd quarter. Moors & Cabot Inc. now owns 33,118 shares of the mining company’s stock valued at $404,000 after buying an additional 960 shares during the period. Whitcomb & Hess Inc. raised its position in Cleveland-Cliffs by 3.8% during the 4th quarter. Whitcomb & Hess Inc. now owns 26,752 shares of the mining company’s stock worth $357,000 after buying an additional 973 shares during the last quarter. Finally, Cidel Asset Management Inc. lifted its stake in shares of Cleveland-Cliffs by 6.0% in the 4th quarter. Cidel Asset Management Inc. now owns 18,185 shares of the mining company’s stock worth $242,000 after acquiring an additional 1,037 shares during the period. Hedge funds and other institutional investors own 67.68% of the company’s stock.

Trending Headlines about Cleveland-Cliffs

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

• Positive Sentiment: Q4 EPS beat and narrowed loss; management gave a constructive 2026 outlook pointing to cost discipline, steady capex (~$700M) and modest shipment growth (≈16.8M tons) that could drive recovery. Article Title
• Positive Sentiment: Auto market wins and trade shifts (tariffs supporting domestic steel) are presented as key drivers for 2026 volume and pricing recovery, which would disproportionately improve free cash flow as fixed costs are absorbed. Article Title
• Neutral Sentiment: Earnings call transcripts and analyst notes were published (useful for detail on guidance, Q1 cost outlook and the POSCO update) but provided mixed clarity; details should be parsed for cadence of shipments, contract resets and cost assumptions. Article Title
• Negative Sentiment: Revenue missed estimates (~6% miss), which triggered a sharp market selloff (reports of ~16–19% intraday declines) and spooked momentum traders. Article Title
• Negative Sentiment: POSCO partnership remained ambiguous on the call (timing and terms unclear), raising doubts about a near-term equity investment and removing a potential catalyst for the stock. Article Title
• Negative Sentiment: Analyst downside pressure (GLJ Research cut its price target and keeps a sell rating) plus public remarks from commentators (e.g., Jim Cramer) emphasizing weak macro activity and tariff-related headwinds. Article Title

Cleveland-Cliffs Company Profile

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.