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Cleveland-Cliffs Inc. ($CLF) Stock Forecast: Down 5.0% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Cleveland-Cliffs Inc.?

Cleveland-Cliffs (CLF) is a mining and natural resources company that specializes in producing iron ore pellets in North America. The company's stock is listed on the New York Stock Exchange (NYSE).

Why is Cleveland-Cliffs Inc. going down?

CLF stock is down 5.0% on Feb 21, 2025 20:03

  • The bearish movement in CLF today can be attributed to:
  • Weaker volumes and lower prices impacting the company's Q4 performance.
  • The bearish options activity with 77% of traders showing bearish tendencies.
  • Analysts estimating a decline in earnings for CLF and the lack of a favorable combination for an earnings beat could have further contributed to the bearish sentiment.
  • Despite the overall market falling, CLF managed to ascend slightly in the latest trading session, indicating some resilience amidst broader market challenges.

CLF Price Chart

CLF Technical Analysis

CLF News

Cleveland-Cliffs to Post Q4 Earnings: What's in Store for the Stock?

While CLF is expected to have benefited from actions to reduce costs, lower prices and weaker volumes are likely to have weighed on its Q4 performance.

https://www.zacks.com/stock/news/2419303/cleveland-cliffs-to-post-q4-earnings-whats-in-store-for-the-stock

0 Missing News Article Image Cleveland-Cliffs to Post Q4 Earnings: What's in Store for the Stock?

Cleveland-Cliffs ( CLF ) Ascends While Market Falls: Some Facts to Note

In the latest trading session, Cleveland-Cliffs (CLF) closed at $11.98, marking a +1.1% move from the previous day.

https://www.zacks.com/stock/news/2419160/cleveland-cliffs-clf-ascends-while-market-falls-some-facts-to-note

1 Missing News Article Image Cleveland-Cliffs  ( CLF )  Ascends While Market Falls: Some Facts to Note

Decoding Cleveland-Cliffs's Options Activity: What's the Big Picture? - Cleveland-Cliffs ( NYSE:CLF )

Financial giants have made a conspicuous bearish move on Cleveland-Cliffs. Our analysis of options history for Cleveland-Cliffs CLF revealed 9 unusual trades. Delving into the details, we found 22% of traders were bullish, while 77% showed bearish tendencies.

https://www.benzinga.com/insights/options/25/02/43861224/decoding-cleveland-cliffss-options-activity-whats-the-big-picture

2 News Article Image Decoding Cleveland-Cliffs's Options Activity: What's the Big Picture? - Cleveland-Cliffs  ( NYSE:CLF )

Insights Into Cleveland-Cliffs ( CLF ) Q4: Wall Street Projections for Key Metrics

Beyond analysts' top -and-bottom-line estimates for Cleveland-Cliffs (CLF), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.

https://www.zacks.com/stock/news/2417846/insights-into-cleveland-cliffs-clf-q4-wall-street-projections-for-key-metrics

3 Missing News Article Image Insights Into Cleveland-Cliffs  ( CLF )  Q4: Wall Street Projections for Key Metrics

Analysts Estimate Cleveland-Cliffs ( CLF ) to Report a Decline in Earnings: What to Look Out for

Cleveland-Cliffs (CLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

https://www.zacks.com/stock/news/2417007/analysts-estimate-cleveland-cliffs-clf-to-report-a-decline-in-earnings-what-to-look-out-for

4 Missing News Article Image Analysts Estimate Cleveland-Cliffs  ( CLF )  to Report a Decline in Earnings: What to Look Out for

Cleveland-Cliffs Inc. Price History

06.00.2025 - CLF Stock was up 4.4%

  • CLF experienced a strong bullish movement despite the overall market slip.
  • The bullish momentum could be attributed to Cleveland-Cliffs CEO's accurate prediction of Biden blocking Nippon Steel's acquisition of US Steel, showcasing strong leadership and foresight in the industry.
  • Positive sentiment towards other stocks like Home Depot, as endorsed by Jim Cramer, might have influenced investor sentiment towards CLF, leading to increased buying interest.
  • The recent decision impacting the steel industry could have created a positive outlook for CLF's position in the market, driving the stock price higher.

07.00.2025 - CLF Stock was up 5.8%

  • Cleveland-Cliffs (CLF) experienced a strong bullish movement.
  • The surge in CLF's shares was influenced by higher trading volume and positive earnings estimate revisions.
  • Lawsuits filed by US Steel and Nippon Steel against the Biden administration may have indirectly benefited CLF as it is seen as a more stable investment option.
  • CEO Lourenco Goncalves' accurate prediction of a blocked $14.9 billion deal months before it happened could have boosted investor confidence in the company's leadership and strategic foresight, contributing to the bullish momentum in CLF.

03.00.2025 - CLF Stock was down 2.2%

  • Despite recent positive movement in the market, Cleveland-Cliffs (CLF) saw a significant decline in stock value today.
  • Concerns about President Joe Biden's pending decision on Nippon Steel's acquisition of United States Steel Corp. are believed to have adversely impacted CLF's stock.
  • The general market downturn likely also played a role in CLF's stock decline today.
  • Investors appear wary of potential consequences of foreign ownership in the U.S. steel industry, leading to a sell-off of CLF shares.

31.11.2024 - CLF Stock was up 5.2%

  • The bullish movement in CLF today can be attributed to the following factors:
  • CLF closed with a 0.65% increase despite the overall market dip, showing relative strength.
  • The resilience of CLF might stem from positive developments within the mining sector or specific company news that boosted investor confidence.
  • Investors could see CLF as a secure investment or a promising opportunity amid market instability, resulting in increased buying activity and a rise in the stock price.

04.01.2025 - CLF Stock was up 5.0%

  • Despite lower demand in the automotive sector, CLF experienced a strong bullish movement.
  • The market might be reacting positively to Cleveland-Cliffs' CEO's optimism for a recovery in 2025, citing potential boosts from tariffs.
  • Analyst downgrades and revenue misses in Q4 could have already been priced in by investors, leading to a more optimistic outlook for the future.
  • Investors might be focusing on the long-term potential and recovery prospects rather than short-term challenges.

08.00.2025 - CLF Stock was down 6.3%

  • CLF stock witnessed a bearish trend, despite receiving an analyst upgrade and optimistic price projections.
  • Concerns stemming from a legal dispute involving US Steel and Nippon Steel against the Biden administration, with implications for Cleveland-Cliffs, potentially contributed to market uncertainty and a negative investor sentiment.
  • The broader market downturn likely influenced CLF's bearish performance, overshadowing any positive developments or analyst upgrades.
  • Today's decline in CLF's stock price may also have been driven by profit-taking activities by investors following a recent surge in the stock's valuation.

19.11.2024 - CLF Stock was down 6.3%

  • CLF stock experienced a significant decline today, closing at $9.89 with a -0.6% change compared to the previous close.
  • Options trading data indicates that investors with substantial capital have taken a bearish stance on CLF.
  • The bearish market sentiment towards CLF could be attributed to concerns about global demand for iron ore, potential supply chain disruptions, or overall market volatility impacting the mining sector.
  • Investors may be reacting to macroeconomic factors or company-specific news that could be influencing the negative outlook on Cleveland-Cliffs.

13.00.2025 - CLF Stock was up 6.6%

  • Cleveland-Cliffs partnering with Nucor to potentially acquire United States Steel has generated positive investor sentiment and excitement in the market.
  • The potential bid for U.S. Steel, especially after the recent White House block of its takeover by Nippon Steel, has fueled optimism around Cleveland-Cliffs' growth prospects.
  • Analysts upgrading Cleveland-Cliffs stock and forecasting a price rebound, coupled with the overall positive market sentiment towards the company, have contributed to the bullish movement in CLF shares today.

13.00.2025 - CLF Stock was up 5.5%

  • Cleveland-Cliffs (CLF) closed at $10.05, up by +1.52% today, showing a strong bullish movement.
  • Investor optimism in CLF's growth prospects increased following the partnership with Nucor for a potential bid for U.S. Steel.
  • The positive market sentiment towards CLF was also influenced by analysts upgrading the stock due to expected U.S. steel price rebound under current tariff policies.
  • Despite legal actions from US Steel and Nippon Steel, creating market uncertainty, Cleveland-Cliffs managed to outperform expectations amidst industry turbulence.

11.01.2025 - CLF Stock was up 5.5%

  • Tariff implementation news has generated optimism in the market, potentially indicating a new bull market for Cleveland-Cliffs.
  • Large investors, referred to as "market whales," have shown a bullish outlook on CLF options, suggesting confidence in the company's future performance.
  • Cleveland-Cliffs surpassing stock market gains highlights the positive momentum and investor interest in the company, contributing to its bullish movement today.

21.01.2025 - CLF Stock was down 5.0%

  • The bearish movement in CLF today can be attributed to:
  • Weaker volumes and lower prices impacting the company's Q4 performance.
  • The bearish options activity with 77% of traders showing bearish tendencies.
  • Analysts estimating a decline in earnings for CLF and the lack of a favorable combination for an earnings beat could have further contributed to the bearish sentiment.
  • Despite the overall market falling, CLF managed to ascend slightly in the latest trading session, indicating some resilience amidst broader market challenges.

07.01.2025 - CLF Stock was down 5.1%

  • The bearish movement in CLF can be attributed to the company issuing preliminary Q4 and full-year 2024 results, indicating lower demand in the automotive sector.
  • Market whales taking a bullish stance on CLF options contrast with the company's revenue miss and EBITDA loss for Q4, alongside a bleak 2024 outlook, which have likely contributed to the bearish sentiment.
  • Analysts' downgrades on Cleveland-Cliffs' price target and the CEO applauding tariffs for a potential 2025 boost may have added to the uncertainty surrounding the stock, leading to the bearish market movement.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.