Cleveland-Cliffs(CLF, $8.67) posts Q3 loss narrower than analysts' expectation
Steelmaker Cleveland-Cliffs reported narrower-than-expected third-quarter loss.
The company posted a quarterly net loss of -2 cents a share, compared to net income of 33 cents in the year-earlier period. The result was better compared to the net loss of -10 cents a share that analysts surveyed by FactSet had expected.
Revenue for the quarter tripled to $1.65 billion, from $555.6 million. FactSet analysts had expected $1.6 billion.
According to the company, its main market which is the automotive industry underwent "unprecedented shutdowns" in the previous quarter, but Cleveland-Cliffs prepared its inventories for recovery.
In September, Cleveland-Cliffs agreed to buy the U.S. operations of Luxembourg-based steel-and-mining company ArcelorMittal for $1.4 billion in cash and stock. The deal would make the company the largest producer of iron ore pellets.
CLF in +4.34% Uptrend, growing for three consecutive days on February 26, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CLF advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
CLF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 06, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on CLF as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CLF turned negative on March 06, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
CLF moved below its 50-day moving average on February 09, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for CLF crossed bearishly below the 50-day moving average on February 12, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CLF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CLF entered a downward trend on March 11, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CLF’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.890) is normal, around the industry mean (1.515). P/E Ratio (145.667) is within average values for comparable stocks, (97.708). CLF's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.396). CLF has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.039). P/S Ratio (0.260) is also within normal values, averaging (1.287).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CLF’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock worse than average.
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General Information
a miner of iron ore
Industry Steel
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