Canada reaffirms legal threat as Cliffs moves to cut jobs
Cleveland-Cliffs Inc.’s Canada-based Stelco unit informed Prime Minister Mark Carney ’s government that it will move ahead ...
Model output · Signal date 2026-10-13
Cleveland-Cliffs Inc. (CLF) Stock Forecast Oct. 13, 2026
Analysis updated on Oct. 13, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
Alpha
90-day forecast
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30-day forecast
Alpha
Rank in coverage
Middle 30%
of 5379 stocks scored
Rank correlation · 90D
n/a
No per-ticker sample yet
Market Cap
$7.34B
mid-cap · #8 of 39 peers
Summary
Cleveland-Cliffs Inc. (CLF) stock forecast summary
On Oct. 13, 2026, CLF is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5379 stocks scored that day.
Cleveland-Cliffs Inc. is a mid-cap company with a market capitalization of $7.34B. It ranks number 8 by market capitalization among the 39 Metal Mining issuers in our coverage with a current forecast. Its Gross Margin of -1.1% is the lowest of the 8 peers that report one.
A per-ticker accuracy statistic for CLF is published only once its sample size is known. Across our coverage, the out-of-sample test on 4537 stocks from 2025-01-06 to 2026-06-09 produced a positive net return in 73.7% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.3%, buy ≥ +0.5%, sell < -0.5%, strong sell < -1.6% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-13 signals)
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CLF price chart and AI forecast
Cross-section · 2026-10-13
How CLF ranks among 5379 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals
Cleveland-Cliffs Inc. (CLF) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Metal Mining peers listed below that report each metric.
Valuation & Market
| Metric | CLF | Rank |
|---|---|---|
| Market Cap | $7.34B | 8/39 |
| P/B Ratio | 1.31x | 14/17 |
| EPS | $-1.19 | – |
| Book Value/Share | $9.82 | – |
| Revenue/Share | $33.64 | – |
| FCF/Share | $-1.50 | – |
Profitability & Margins
| Metric | CLF | Rank |
|---|---|---|
| ROE | -15.7% | 10/21 |
| ROA | -4.4% | 8/30 |
| ROIC | -4.9% | 13/22 |
| Gross Margin | -1.1% | 8/8 |
| Operating Margin | -4.2% | 5/9 |
| Net Margin | -4.6% | 4/8 |
| EBT Margin | -6.3% | 4/9 |
| Tax Rate | 31.9% | – |
Financial Health
| Metric | CLF | Rank |
|---|---|---|
| Current Ratio | 1.89x | 18/32 |
| Quick Ratio | 0.63x | 4/6 |
| D/E Ratio | 2.55x | 4/24 |
| Financial Leverage | 3.59x | 4/24 |
| Interest Coverage | -0.4x | 9/26 |
| Working Capital | $3.21B | 3/32 |
Cash Flow
| Metric | CLF | Rank |
|---|---|---|
| Operating Cash Flow | -$251M | 34/34 |
| Free Cash Flow | -$857M | 9/9 |
| Capital Spending | -$606M | 8/9 |
| FCF/Sales | -4.5% | – |
| CapEx/Sales | 3.2% | – |
Operational Efficiency
| Metric | CLF | Rank |
|---|---|---|
| Asset Turnover | 0.95x | 1/8 |
| Receivables Turnover | 9.4x | 3/6 |
| Inventory Turnover | 4.3x | – |
| Fixed Assets Turnover | 2.1x | 2/7 |
| Days Sales Outstanding | 39 days | 4/7 |
| Days Inventory | 85 days | – |
| Payables Period | 41 days | 5/5 |
| Cash Conversion Cycle | 83 days | – |
Income Statement
| Metric | CLF | Rank |
|---|---|---|
| Total Revenue | $19.20B | 2/8 |
| Operating Income | -$805M | 28/29 |
| Net Income | -$882M | 30/30 |
| SG&A Expense | $552M | 3/7 |
| Cost of Goods Sold | $19.41B | 1/8 |
Dividend & Shareholder Information
| Metric | CLF | Rank |
|---|---|---|
| Shares Outstanding | 571M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $6.81B | 33.9% of assets |
| Cash & Short-term Investments | $70M | 0.3% of assets |
| Accounts Receivable | $2.04B | 10.2% of assets |
| Inventory | $4.53B | 22.5% of assets |
| Total Liabilities | $14.30B | 71.1% of assets |
| Short-term Debt | $1.45B | 7.2% of assets |
Quarterly Financial Reports
CLF quarterly financials and insider trading
Industry Peers · Metal Mining
Cleveland-Cliffs Inc. (CLF) industry peers
Companies classified under the same SEC industry code as Cleveland-Cliffs Inc. (Metal Mining): 52 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| CLF Cleveland-Cliffs Inc. | ▶ | $7.34B |
| BHP Bhp Group Ltd | ▶ | $431.21B |
| SCCO Southern Copper Corp/ | ▶ | $174.12B |
| RIO Rio Tinto Plc | ▼ | $116.88B |
| FCX Freeport-Mcmoran Inc | ▼ | $104.00B |
| VALE Vale S.A. | ▶ | $57.71B |
| HBM Hudbay Minerals Inc. | ▶ | $10.16B |
| MP Mp Materials Corp. / De | ▼ | $7.56B |
| ERO Ero Copper Corp. | ▶ | $3.82B |
| USAR Usa Rare Earth, Inc. | ▼ | $2.89B |
| ALM Almonty Industries Inc. | ▼ | $2.89B |
| NEXA Nexa Resources S.A. | ▶ | $1.74B |
| IE Ivanhoe Electric Inc. | ▶ | $1.41B |
| USAS Americas Gold & Silver Corp | ▶ | $1.35B |
| TMC Tmc The Metals Co Inc. | ▶ | $1.27B |
| SGML Sigma Lithium Corp | ▼ | $969M |
| RBTK Zhen Ding Resources Inc. | ▼ | $886M |
| LAR Lithium Argentina Ag | ▶ | $812M |
| GSM Ferroglobe Plc | ▶ | $783M |
| DC Dakota Gold Corp. | ▶ | $765M |
| THM International Tower Hill Mines Ltd | ▲ | $612M |
| WRN Western Copper & Gold Corp | ▶ | $415M |
| REA Rare Earths Americas, Inc. | ▲ | $163M |
| COBA Chilean Cobalt Corp. | ▶ | $133M |
| PZG Paramount Gold Nevada Corp. | ▲ | $98M |
| THMG Thunder Mountain Gold Inc | ▲ | $78M |
| LCGMF Lion Copper Corp. | ▼ | $67M |
| GSTX Graphene & Solar Technologies Ltd | ▼ | $63M |
| WWR Westwater Resources, Inc. | ▶ | $57M |
| SRGZ Star Gold Corp. | ▲ | $32M |
| DYNR Dynaresource, Inc. | ▲ | $27M |
| LTUM Lithium Corp | ▲ | $6M |
| HNOI Hno International, Inc. | ▼ | $4M |
| SVBL Silver Bull Resources, Inc. | ▼ | $2M |
| MAGE Magellan Copper & Gold Corp | ▼ | $2M |
| LBSR Liberty Star Uranium & Metals Corp. | ▲ | $2M |
| ARRT Artisan Consumer Goods, Inc. | ▶ | $1M |
| FUST Fuse Group Holding Inc. | ▼ | $1M |
| ENRT Enertopia Corp. | ▼ | $410K |
| ACRL Atacama Resources International, Inc. | ▶ | N/A |
| ADMG Adamant Dri Processing & Minerals Group | ▶ | N/A |
| AEC Anfield Energy Inc. | ▼ | N/A |
| ALOY Realloys Inc. | ▶ | N/A |
| AMLM American Lithium Minerals, Inc. | ▶ | N/A |
| ASM Avino Silver & Gold Mines Ltd | ▶ | N/A |
| BHLL Bunker Hill Mining Corp. | ▶ | N/A |
| COPR Idaho Copper Corp | ▼ | N/A |
| CRML Critical Metals Corp. | ▲ | N/A |
| LZM Lifezone Metals Ltd | ▶ | N/A |
| NB Niocorp Developments Ltd | ▼ | N/A |
| NEXM Nexmetals Mining Corp. | ▼ | N/A |
| RYES Rise Gold Corp. | ▼ | N/A |
Where CLF sits on the market map
Energy & Transportation · Metal Mining
News
Cleveland-Cliffs Inc. (CLF) stock news
Cleveland-Cliffs CEO prepared to take Ottawa to court
Lourenco Goncalves, CEO of Ohio-based Cleveland-Cliffs Inc., told CBC’s Rosemary Barton Live that he would fight Ottawa in ...
Cleveland-Cliffs boss dismisses idea of nationalizing Stelco as Ottawa pushes to preserve jobs
Lourenco Goncalves also fired back at a customer critical of his company pulling out of Canada’s galvanized steel market ...
FAQ
Cleveland-Cliffs Inc. (CLF) stock forecast FAQ
What is the Cleveland-Cliffs Inc. (CLF) stock forecast?
On Oct. 13, 2026, CLF is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5379 stocks scored that day.
How accurate are Cleveland-Cliffs Inc. stock predictions?
A per-ticker accuracy statistic for CLF is published only once its sample size is known. Across our coverage, the out-of-sample test on 4537 stocks from 2025-01-06 to 2026-06-09 produced a positive net return in 73.7% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Cleveland-Cliffs Inc. forecasts updated?
Cleveland-Cliffs Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 13, 2026.
Which companies are Cleveland-Cliffs Inc.'s industry peers?
52 issuers in our coverage, CLF included, share the SEC industry code Metal Mining. The largest are: Bhp Group Ltd (BHP), Southern Copper Corp/ (SCCO), Rio Tinto Plc (RIO), Freeport-Mcmoran Inc (FCX), Vale S.A. (VALE), Hudbay Minerals Inc. (HBM).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.