Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Cleveland-Cliffs ( (CLF) ) has issued an announcement.
On October 7, 2025, Cleveland-Cliffs Inc. announced the launch and pricing of a private offering of an additional $275 million of 7.625% Senior Guaranteed Notes due 2034, exempt from the registration requirements of the Securities Act of 1933. This issuance is part of the company’s existing notes and is expected to close on October 10, 2025, subject to customary conditions. The proceeds from this offering are intended to repay borrowings under its asset-based credit facility, potentially impacting the company’s financial flexibility and positioning within the steel industry.
The most recent analyst rating on (CLF) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Cleveland-Cliffs stock, see the CLF Stock Forecast page.
Spark’s Take on CLF Stock
According to Spark, TipRanks’ AI Analyst, CLF is a Neutral.
Cleveland-Cliffs’ overall stock score is primarily impacted by its weak financial performance, with significant challenges in profitability and cash flow. However, the stock’s positive technical momentum and strategic financial moves, such as the issuance of senior notes, provide some optimism. The valuation remains unattractive due to negative earnings, but the company’s efforts to improve operational efficiency and liquidity are noteworthy.
To see Spark’s full report on CLF stock, click here.
More about Cleveland-Cliffs
Cleveland-Cliffs is a leading North America-based steel producer with a focus on value-added sheet products, particularly for the automotive industry. 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. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 30,000 people across its operations in the United States and Canada.
Average Trading Volume: 22,542,065
Technical Sentiment Signal: Hold
Current Market Cap: $6.25B
For a thorough assessment of CLF stock, go to TipRanks’ Stock Analysis page.