CLF

CLEVELAND-CLIFFS INC.

NYSE · Metal Mining · Inc. OH · CIK 0000764065
$10.26 -0.82% $5.9B
Insider Selling Cluster (2 insiders)High Impact Filing (8/10)3 New Institutional Positions3 Institutional Exits
Vol
Market Cap$5.9B
Cap SizeMid Cap
Analyst ConsensusSell (9%)
Inst. Holders11 funds
Inst. Value$1.2B
Inst. Activity3 buys / 3 sells
Insider Activity1B / 1S
Insider Net $-$37.1M
Reddit Sentiment50° Neutral
SEC Reports12
Exchange NYSE·Sector Metal Mining·Inc. OH·CIK 0000764065·Prev Close $10.34

Recent Activity

May 16, 2026 SEC
Morgan Stanley upgrades CLF to Overweight — PT $17 (+55%) amid steel tariff tailwinds
ANALYST-UPGRADE — Impact 3/10
May 4, 2026 short_volume
Short Volume: CLF — 55.3% short (2.8M / 5.1M)
Short: 2,797,665 | Exempt: 14,810 | TRF Vol: 5,063,409 | Short Ratio: 55.3% | Off-exchange volume (d
Apr 21, 2026 Insider
BALDWIN JOHN T sold 15,334 shares
Director @ $0.00 ($0.00)
Apr 21, 2026 Insider
Yocum Arlene M sold 15,334 shares
Director @ $0.00 ($0.00)
Apr 21, 2026 Insider
Bloom Ron A. sold 15,334 shares
Director @ $0.00 ($0.00)
Apr 16, 2026 SEC
Wells Fargo initiates coverage on CLF at Equal-Weight with a $10 price target, implying 19% upside from the current $8.4
ANALYST-UPGRADE — Impact 5/10
Apr 16, 2026 SEC
Wells Fargo upgraded shares from Underweight to Equal-Weight, raising its price target to $12 from $11, implying 42.9% u
ANALYST-UPGRADE — Impact 8/10
Inst.
TWO SIGMA INVESTMENTS, LP — DOUBLED
5,067,274 shares ($67.3M)

Price Targets

$10.67 +4.0% upside Hold
Current $10.26 Low $8.00 Median $10.00 High $15.00 9 analysts
$8.00 $15.00

Analyst Ratings

Strong Sell9% buy · 22 analysts
0Strong Buy
2Buy
13Hold
6Sell
1Strong Sell
Recent Analyst Actions
DateFirmActionRating
Apr 21, 2026 Morgan Stanley MAINTAIN Overweight → Overweight
Apr 14, 2026 JP Morgan MAINTAIN Neutral → Neutral
Mar 19, 2026 Wells Fargo MAINTAIN Equal-Weight → Equal-Weight
Mar 16, 2026 GLJ Research REITERATE Sell → Sell
Feb 10, 2026 Citigroup MAINTAIN Neutral → Neutral

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.20 ▼ -190.2% $-0.30 — $-0.14 59% YoY 4
Next Q $0.11 ▲ +2032.0% $0.04 — $0.19 124% YoY 4
Current FY $-0.43 ▼ -13.9% $-0.66 — $-0.28 83% YoY 6
Next FY $0.46 ▼ -37.0% $0.16 — $0.56 207% YoY 6

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$722.3M
MORGAN STANLEY$104.4MTRIM
CHARLES SCHWAB INVESTMENT MANAGEMENT$101.8MADD
TWO SIGMA INVESTMENTS, LP$67.3MDOUBLED
BANK OF AMERICA CORP$56.1MTRIM

Recent Insider Trades

DateInsiderTypeValue
Apr 21, 2026BALDWIN JOHNA$0.00
Apr 21, 2026Yocum ArleneA$0.00
Apr 21, 2026Bloom RonA$0.00
Apr 21, 2026CRONIN JANEA$0.00
Apr 21, 2026Oren BenA$0.00

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
1 mentions 0 bullish 0 bearish
11 institutional holders with $1.2B total value (89,160,216 shares) as of 2025-Q4. Top holders: VANGUARD, MORGAN, CHARLES.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC54,391,397$722.3M62.2%
2MORGAN STANLEY7,862,669$104.4M9.0%TRIM -35.4%
3CHARLES SCHWAB INVESTMENT MANAGEMENT INC7,663,526$101.8M8.8%ADD +30.4%
4TWO SIGMA INVESTMENTS, LP5,067,274$67.3M5.8%DOUBLED +253.9%
5BANK OF AMERICA CORP /DE/4,223,799$56.1M4.8%TRIM -36.6%
6NORGES BANK3,749,785$49.8M4.3%NEW
7WELLS FARGO & COMPANY/MN1,916,136$25.4M2.2%TRIM -45.9%
8FMR LLC1,825,989$24.2M2.1%DOUBLED +6061.4%
9RENAISSANCE TECHNOLOGIES LLC653,359$8.7M0.7%DOUBLED +123.2%
10Tweedy, Browne Co LLC60,627$805.1K0.1%DOUBLED +103.8%
11Duquesne Family Office LLC1,745,655$23.2K0.0%TRIM -35.7%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
TWO SIGMA INVESTMENTS, LPDOUBLED1,431,7605,067,274+253.9%$67.3M2025-Q4
BANK OF AMERICA CORP /DE/TRIM6,658,2634,223,799-36.6%$56.1M2025-Q4
NORGES BANKNEW3,749,785$49.8M2025-Q4
WELLS FARGO & COMPANY/MNTRIM3,544,6921,916,136-45.9%$25.4M2025-Q4
RENAISSANCE TECHNOLOGIES LLCDOUBLED292,659653,359+123.2%$8.7M2025-Q4
Duquesne Family Office LLCTRIM2,715,0351,745,655-35.7%$23.2K2025-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCADD5,144,6446,706,085+30.4%$81.8M2025-Q3
MORGAN STANLEYTRIM10,385,0176,704,894-35.4%$81.8M2025-Q3
BANK OF AMERICA CORP /DE/TRIM9,629,6906,658,263-30.9%$81.2M2025-Q3
WELLS FARGO & COMPANY/MNADD1,970,5903,544,692+79.9%$43.2M2025-Q3
FMR LLCDOUBLED31,9211,966,788+6061.4%$24.0M2025-Q3
TWO SIGMA INVESTMENTS, LPADD812,9231,431,760+76.1%$17.5M2025-Q3
RENAISSANCE TECHNOLOGIES LLCNEW292,659$3.6M2025-Q3
Tweedy, Browne Co LLCDOUBLED25,50751,987+103.8%$634.2K2025-Q3
Duquesne Family Office LLCNEW2,715,035$33.1K2025-Q3
NORGES BANKEXIT5,805,2230-100.0%$0.002025-Q3
UBS Group AGTRIM10,029,8706,626,048-33.9%$50.4M2025-Q2
NORGES BANKNEW5,805,223$44.1M2025-Q2
WELLS FARGO & COMPANY/MNTRIM6,473,6671,970,590-69.6%$15.0M2025-Q2
TWO SIGMA INVESTMENTS, LPADD534,328812,923+52.1%$6.2M2025-Q2
FMR LLCTRIM52,96031,921-39.7%$242.6K2025-Q2
Tweedy, Browne Co LLCDOUBLED11,36525,507+124.4%$193.9K2025-Q2
CITADEL ADVISORS LLCTRIM17,444,27111,301,477-35.2%$92.9M2025-Q1
UBS Group AGTRIM21,263,48910,029,870-52.8%$82.4M2025-Q1
WELLS FARGO & COMPANY/MNDOUBLED2,387,5286,473,667+171.1%$53.2M2025-Q1
14 unique insiders with 2 transactions. Net insider value: -$37.1M ($199.6K bought, $37.3M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Apr 21, 2026BALDWIN JOHN TDirectorA15,334$0.00$0.00
Apr 21, 2026Yocum Arlene MDirectorA15,334$0.00$0.00
Apr 21, 2026Bloom Ron A.DirectorA15,334$0.00$0.00
Apr 21, 2026CRONIN JANE M.DirectorA15,334$0.00$0.00
Apr 21, 2026Oren BenDirectorA15,334$0.00$0.00
Apr 21, 2026Camara EdilsonDirectorA15,334$0.00$0.00
Apr 21, 2026MICHAEL RALPH S IIIDirectorA15,334$0.00$0.00
Apr 1, 2026Bloom Ron A.DirectorA4,837$8.27$40.0K
Apr 1, 2026Stoliar GabrielDirectorF725$8.27$6.0K
Apr 1, 2026Stoliar GabrielDirectorA2,418$8.27$20.0K
Apr 1, 2026CRONIN JANE M.DirectorA4,534$8.27$37.5K
Feb 18, 2026Floriani Kimberly ASVP, Controller & CAOA29,573$0.00$0.00
Feb 18, 2026Floriani Kimberly ASVP, Controller & CAOA29,573$0.00$0.00
Feb 18, 2026Graham James DEVP Chief Legal Admin & SecA141,991$0.00$0.00
Feb 18, 2026Graham James DEVP Chief Legal Admin & SecA141,991$0.00$0.00
Feb 18, 2026Goncalves Celso L JrEVP, CFOA188,531$0.00$0.00
Feb 18, 2026Goncalves Celso L JrEVP, CFOA188,531$0.00$0.00
Feb 18, 2026Koci KeithEVP & President, CC ServicesA163,791$0.00$0.00
Feb 18, 2026Koci KeithEVP & President, CC ServicesA163,791$0.00$0.00
Feb 18, 2026Smith Clifford TEVP & Chief Operating OfficerA198,128$0.00$0.00
Feb 18, 2026Smith Clifford TEVP & Chief Operating OfficerA198,128$0.00$0.00
Feb 18, 2026GONCALVES LOURENCOChairman, President & CEOA650,900$0.00$0.00
Feb 18, 2026GONCALVES LOURENCOChairman, President & CEOA650,900$0.00$0.00
Feb 13, 2026Camara EdilsonDirectorBUY19,700$10.13$199.6K
Feb 11, 2026GONCALVES LOURENCOChairman, President & CEOSELL3,000,000$12.42$37.3M
12 SEC filing reports analyzed. Sentiment: 7 bullish, 3 bearish, 0 mixed, 2 neutral. Avg impact: 6.8/10.
BULLISH ANALYST-UPGRADE 3/10
Morgan Stanley upgrades CLF to Overweight — PT $17 (+55%) amid steel tariff tailwinds
May 16, 2026
BULLISH ANALYST-UPGRADE 8/10
Wells Fargo upgraded shares from Underweight to Equal-Weight, raising its price target to $12 from $
Apr 16, 2026
NEUTRAL ANALYST-UPGRADE 5/10
Wells Fargo initiates coverage on CLF at Equal-Weight with a $10 price target, implying 19% upside f
Apr 16, 2026
BEARISH ANALYST-DOWNGRADE 7/10
Jefferies downgraded the stock to Hold from Buy and slashed its price target by 40% to $6, now below
Apr 16, 2026
BULLISH ANALYST-UPGRADE 8/10
GLJ Research upgraded the stock from Sell to Buy with a new $14.27 price target, implying 70% upside
Apr 16, 2026
BULLISH ANALYST-UPGRADE 8/10
Goldman Sachs initiates coverage on CLF with a Buy rating and $16 price target, implying 90% upside
Apr 16, 2026
BULLISH ANALYST-UPGRADE 7/10
Seaport Global upgraded the stock to Buy from Neutral with a $16.50 price target, implying 96% upsid
Apr 16, 2026
NEUTRAL ANALYST-UPGRADE 4/10
Seaport Global initiates coverage on CLF with a Neutral rating, below the 9-analyst consensus mean t
Apr 16, 2026
BEARISH ANALYST-DOWNGRADE 7/10
JP Morgan downgraded the stock to Neutral from Overweight and slashed its price target 26% from $23
Apr 16, 2026
BULLISH ANALYST-UPGRADE 8/10
Jefferies initiates coverage on CLF with a Buy rating and $22 price target, implying 162% upside fro
Apr 16, 2026
BULLISH ANALYST-UPGRADE 9/10
Morgan Stanley upgraded the stock to Overweight from Equal-Weight with a $17 price target, implying
Apr 16, 2026
BEARISH 8-K 7/10
Cleveland-Cliffs reported Q1 2026 results with a net loss of $0.42 per share on $4.9 billion in reve
Apr 20, 2026

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Sell (9% buy). Based on 22 analysts: 0 strong buy, 2 buy, 13 hold, 6 sell, 1 strong sell.

Analyst Price Targets

$10.67 mean target +4.0% upside Hold (3.00)
$8.00 Low $15.00 High
MetricValue
Current Price$10.26
Target Low$8.00
Target Mean$10.67
Target Median$10.00
Target High$15.00
# Analysts9
RecommendationHold (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.20 $-0.30 $-0.14 59.4% -190.2% 0↑ 2↓ $5.2B 4.7% 4
Next Q
2026-09-30
$0.11 $0.04 $0.19 123.7% +2032.0% 2↑ 0↓ $5.4B 13.2% 4
Current FY
2026-12-31
$-0.43 $-0.66 $-0.28 82.5% -13.9% 1↑ 1↓ $20.6B 10.9% 6
Next FY
2027-12-31
$0.46 $0.16 $0.56 207.0% -37.0% 0↑ 3↓ $21.1B 2.5% 6

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.203
7d ago$-0.220+0.017
30d ago$-0.070-0.133
60d ago$-0.022-0.181
90d ago$0.110-0.313
7 analyst firms have rated this stock: 1 upgrades, 2 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Apr 21, 2026 Morgan Stanley MAINTAIN Overweight Overweight
Apr 14, 2026 JP Morgan MAINTAIN Neutral Neutral
Mar 19, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
Mar 16, 2026 GLJ Research REITERATE Sell Sell
Feb 10, 2026 Citigroup MAINTAIN Neutral Neutral
Feb 10, 2026 GLJ Research MAINTAIN Sell Sell
Jan 23, 2026 Seaport Global DOWNGRADE Buy Neutral
Jan 13, 2026 GLJ Research MAINTAIN Sell Sell
Jan 9, 2026 Morgan Stanley UPGRADE Equal-Weight Overweight
Jan 7, 2026 Keybanc DOWNGRADE Overweight Sector Weight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
May 1, 20260213619%
Apr 1, 20260213619%
Mar 1, 202615112032%
Feb 1, 202616102037%
Jan 1, 202616102037%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

50°
Neutral
Bearish Neutral Bullish
1 mentions 0 bullish 0 bearish 1 time period

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Mar 28, 2026144° Neutral001

Recent Reddit Threads

r/options Neutral 1mo ago
$CLF calls — tariffs handed domestic steel a structural edge
▲ 1 💬 0 ⚡ 0.5
May 4, 2026
short_volume
Short Volume: CLF — 55.3% short (2.8M / 5.1M)
Short: 2,797,665 | Exempt: 14,810 | TRF Vol: 5,063,409 | Short Ratio: 55.3% | Off-exchange volume (dark pool + OTC)
Apr 27, 2026
dark_pool
Dark Pool: CLF — 24.6M shares, 152,598 trades
Week starting 2026-04-27. Total ATS volume: 24,569,688 shares across 152,598 trades.
Apr 20, 2026
earnings_calendar
CLF Q1 2026 Earnings After Market Close — 2026-04-20
Apr 20, 2026
dark_pool
Dark Pool: CLF — 25.1M shares, 129,199 trades
Week starting 2026-04-20. Total ATS volume: 25,087,252 shares across 129,199 trades.
Apr 13, 2026
dark_pool
Dark Pool: CLF — 14.0M shares, 105,897 trades
Week starting 2026-04-13. Total ATS volume: 14,023,293 shares across 105,897 trades.
Apr 6, 2026
dark_pool
Dark Pool: CLF — 11.9M shares, 93,666 trades
Week starting 2026-04-06. Total ATS volume: 11,891,415 shares across 93,666 trades.
Mar 30, 2026
dark_pool
Dark Pool: CLF — 9.1M shares, 74,064 trades
Week starting 2026-03-30. Total ATS volume: 9,119,545 shares across 74,064 trades.
Mar 23, 2026
dark_pool
Dark Pool: CLF — 11.9M shares, 82,312 trades
Week starting 2026-03-23. Total ATS volume: 11,937,105 shares across 82,312 trades.
Mar 18, 2026
short_interest
FTD: CLF — 217,807 shares ($1.8M) failed to deliver
Settlement: 20260318, Price: $8.35, FTD Value: $1,818,688.45, CLEVELAND-CLIFFS INC NEW COM (
Mar 16, 2026
dark_pool
Dark Pool: CLF — 18.8M shares, 124,863 trades
Week starting 2026-03-16. Total ATS volume: 18,795,100 shares across 124,863 trades.
Mar 11, 2026
short_interest
FTD: CLF — 406,122 shares ($3.9M) failed to deliver
Settlement: 20260311, Price: $9.54, FTD Value: $3,874,403.88, CLEVELAND-CLIFFS INC NEW COM (
Mar 9, 2026
dark_pool
Dark Pool: CLF — 19.3M shares, 131,040 trades
Week starting 2026-03-09. Total ATS volume: 19,338,286 shares across 131,040 trades.
Mar 2, 2026
dark_pool
Dark Pool: CLF — 13.7M shares, 101,348 trades
Week starting 2026-03-02. Total ATS volume: 13,672,405 shares across 101,348 trades.
Feb 23, 2026
dark_pool
Dark Pool: CLF — 10.5M shares, 94,967 trades
Week starting 2026-02-23. Total ATS volume: 10,542,567 shares across 94,967 trades.
Feb 20, 2026
short_interest
FTD: CLF — 53,055 shares ($0.5M) failed to deliver
Settlement: 20260220, Price: $10.27, FTD Value: $544,874.85, CLEVELAND-CLIFFS INC NEW COM (