Cleveland-Cliffs Inc falls amid market weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 12 Dec 25
Cleveland-Cliffs Inc experienced a price drop of 5.07%, crossing below its 5-day SMA. This decline occurred as the broader market faced challenges, with the Nasdaq-100 down 1.88% and the S&P 500 down 1.12%.
The stock's movement is attributed to broad market weakness, as indicated by the significant declines in major indices. The overall market sentiment has shifted negatively, impacting stocks across various sectors, including Cleveland-Cliffs Inc.
Investors may need to reassess their positions in light of the current market conditions, as the downward trend suggests caution in the near term.
Analyst Views on CLF
Wall Street analysts forecast CLF stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CLF is 12.78 USD with a low forecast of 5.75 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
2 Buy
5 Hold
2 Sell
Hold
Current: 14.020
Low
5.75
Averages
12.78
High
17.00
Current: 14.020
Low
5.75
Averages
12.78
High
17.00
About CLF
Cleveland-Cliffs Inc. is a steel producer with a focus on value-added sheet products, particularly for the automotive industry in North America. The Company is vertically integrated from the mining of iron ore, production of pellets and direct reduced iron, and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling, and tubing. Its offering includes advanced high-strength steel, hot-dipped galvanized, aluminized, galvalume, electrogalvanized, galvanneal, hot-rolled coil (HRC), cold-rolled coil, plate, grain oriented electrical steel (GOES), non-oriented electrical steel (NOES), stainless steels, tool and die, stamped components, rail, slab and cast ingot. Its Other Businesses primarily include the Tubular and Tooling and Stamping segments that provide customer solutions with carbon and stainless steel tubing products, advanced-engineered solutions, tool design and build, hot- and cold-stamped steel components and complex assemblies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
