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CLF · NASDAQ · STOCK

Cleveland-Cliffs

Basic Materials Updated August 08, 2026
$12.26
52W $7.73 – $16.70
54/100
$6.99B
-7.3
2.13
AI Committee Verdict
Watch
54/100
Conviction: Moderate · 67% agreement · 6 analysts
+22.8%
-4.2%
5.38:1
Moderate

Is CLF Bullish or Bearish?

Mixed. Innellis AI committee rates Cleveland-Cliffs (CLF) Watch with a composite score of 54/100 , based on 6 analysts with 67% agreement. Last updated August 08, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +5.90 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -14.10 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — market regime is bullish (bull market -- normal position sizing). Risk Analyst remains cautious — bollinger bandwidth of 46.6% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Price-to-book of 1.2x is a discount to asset value — Value
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
  • Market regime is bullish (Bull market -- normal position sizing) — Macro
  • Beta of 2.11 means this name should amplify a favorable market regime — Macro
Bear Case
  • ROE of only -15.2% -- cheap may mean cheap for a reason — Value
  • 2 consecutive earnings misses -- execution concerns — Growth
  • Daily trend (uptrend) conflicts with the weekly trend (downtrend) -- fighting the larger trend — Technical
  • Bollinger bandwidth of 46.6% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 08, 2026
Overall Committee Score
54/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 70%
of 54 Basic Materials peers
Value Analyst neutral
55 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ Price-to-book of 1.2x is a discount to asset value
− ROE of only -15.2% -- cheap may mean cheap for a reason
Growth Analyst neutral
48 / 100 · High confidence
Moderate growth -- present but not remarkable
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
− 2 consecutive earnings misses -- execution concerns
Technical Analyst neutral
59 / 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− Daily trend (uptrend) conflicts with the weekly trend (downtrend) -- fighting the larger trend
Risk Analyst bearish
35 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 46.6% signals elevated volatility
Macro Analyst bullish
70 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst neutral
58 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 4 existing position pair(s) are highly correlated already
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Investment Thesis Evolution

Committee score moved marginally from 54.5 to 54.1.

Analyst-level changes:
  • Risk Analyst: +1 bearish signal(s).

Comparing 2026-08-07 to 2026-08-08 (1 day apart).

Technical Analysis

RSI (14)
63.7
Neutral
MACD Histogram
0.216
Bullish Momentum
Trend Direction
Uptrend
Weekly: Downtrend
Market Structure
Mixed
Support
$11.74
Resistance
$15.05
Bollinger %B
0.77
Inside Bands
Price vs Moving Averages
EMA 9
$11.87 Above
EMA 21
$11.31 Above
EMA 50
$11.08 Above
EMA 200
$11.03 Above

Fundamental Analysis

Valuation
100
Growth
59
Profitability
0
Financial Health
74
Cash Flow
15
Valuation
P/E Ratio -7.3×
P/B Ratio 1.25×
PEG Ratio -0.10
Dividend Yield 0.00%
52W High $16.70
52W Low $7.73
Quality & Growth
ROE -2416.6%
ROA -738.6%
Gross Margin -64.6%
Operating Margin -360.0%
Revenue Growth YoY
Debt / Equity 1.37
AI Fundamental Assessment
P/E ratio of -7.3 (inexpensive relative to a 15-40x range); Price-to-book of 1.2x; PEG ratio of -0.1 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -24.2%; Return on assets of -7.4%; Net margin of -4.6%; Gross margin of -0.6%; Current ratio of 1.89 (healthy short-term liquidity); Debt-to-equity of 1.37; Free cash flow per share is negative (-1.50); Most recent quarter missed estimates by 22.2%; 2 consecutive earnings misses; EPS growth accelerating (+4.5% -> +40.5% QoQ); Average YoY EPS growth of 74.2%; Analyst estimates rising over recent quarters
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📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
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