Cleveland-Cliffs (NYSE:CLF) Shares Gap Down – Time to Sell?

Cleveland-Cliffs Inc. (NYSE:CLF)’s share price gapped down before the market opened on Monday . The stock had previously closed at $14.73, but opened at $13.10. Cleveland-Cliffs shares last traded at $12.4980, with a volume of 17,570,837 shares trading hands.

Cleveland-Cliffs News Roundup

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

• Positive Sentiment: Q4 EPS beat and narrowing loss — Cleveland‑Cliffs reported a smaller-than-expected per‑share loss, which is a constructive sign versus last year and reduces near‑term earnings risk. Cleveland-Cliffs’ Q4 Earnings Beat, Revenues Miss Estimates
• Positive Sentiment: 2026 operational outlook and capacity leverage — management expects shipments to rise (~16.8M tons), capex to remain modest (~$700M), and full asset operability, which could drive outsized cash‑flow improvement if pricing and utilization improve. Cleveland-Cliffs Sinks After Earnings—Is the Selloff Overdone?
• Neutral Sentiment: Earnings call and full transcript available — investors can review management’s commentary (including caveats) to judge the timing of the recovery and the role of contract resets in 2026. Cleveland-Cliffs (CLF) Q4 2025 Earnings Transcript
• Negative Sentiment: Revenue missed estimates and full‑year results disappointed — a ~6% revenue shortfall and a wider full‑year loss point to weak contract pricing and underutilized assets in 2025. Cleveland-Cliffs slumps after quarterly revenue misses estimates
• Negative Sentiment: POSCO partnership ambiguity/delay — management was non‑committal on timing/details of the proposed POSCO equity partnership, increasing execution uncertainty that investors had been counting on. Cleveland-Cliffs (CLF) Stock Drops 16% on Earnings Miss and Partnership Delays
• Negative Sentiment: Analyst downgrade and lower price target — GLJ Research cut its target and holds a sell rating, adding downward pressure on sentiment. ClevelandCliffs price target lowered by C at GLJ Research
• Negative Sentiment: Market reaction and commentary — the stock sold off sharply on the mixed print and pundits (including Jim Cramer) flagged macro and tariff headwinds as constraints on a faster recovery. Jim Cramer says Cleveland-Cliffs needs more economic activity to do better

Analyst Ratings Changes

A number of analysts recently issued reports on CLF shares. UBS Group set a $15.00 price objective on shares of Cleveland-Cliffs in a report on Monday, October 27th. KeyCorp downgraded shares of Cleveland-Cliffs from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, January 7th. Bank of America lifted their price target on shares of Cleveland-Cliffs from $12.50 to $14.50 and gave the stock a “neutral” rating in a report on Tuesday, October 21st. The Goldman Sachs Group reissued a “buy” rating and set a $15.00 price objective on shares of Cleveland-Cliffs in a report on Monday. Finally, Wells Fargo & Company raised Cleveland-Cliffs from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $11.00 to $12.00 in a research report on Friday, November 14th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Cleveland-Cliffs has a consensus rating of “Hold” and a consensus price target of $13.89.

Cleveland-Cliffs Stock Down 0.5%

The company has a market capitalization of $6.06 billion, a PE ratio of -4.20 and a beta of 1.93. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.61 and a current ratio of 1.95. The stock’s 50 day moving average is $13.46 and its 200 day moving average is $12.27.

Cleveland-Cliffs (NYSE:CLF) last issued its earnings results on Monday, February 9th. The mining company reported ($0.43) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.62) by $0.19. The business had revenue of $4.31 billion for 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 revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.68) EPS. On average, sell-side analysts anticipate that Cleveland-Cliffs Inc. will post -0.79 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CLF. Strengthening Families & Communities LLC increased its position in shares of Cleveland-Cliffs by 4,315.6% during the third quarter. Strengthening Families & Communities LLC now owns 1,987 shares of the mining company’s stock valued at $25,000 after buying an additional 1,942 shares during the period. Trust Co. of Toledo NA OH purchased a new position in Cleveland-Cliffs during the second quarter valued at approximately $27,000. IFP Advisors Inc increased its holdings in Cleveland-Cliffs by 117.5% during the 4th quarter. IFP Advisors Inc now owns 2,221 shares of the mining company’s stock worth $29,000 after acquiring an additional 1,200 shares during the period. Winch Advisory Services LLC lifted its stake in Cleveland-Cliffs by 131.3% in the 2nd quarter. Winch Advisory Services LLC now owns 4,070 shares of the mining company’s stock worth $31,000 after purchasing an additional 2,310 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in Cleveland-Cliffs by 819.2% in the 3rd quarter. Larson Financial Group LLC now owns 2,684 shares of the mining company’s stock worth $33,000 after purchasing an additional 2,392 shares in the last quarter. Institutional investors own 67.68% of the company’s stock.

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.