Cleveland-Cliffs: 3 Key Takeaways for Long-Term Investors

Cleveland-Cliffs reported Q3 2026 adjusted EBITDA more than doubled to $612 million, driven by domestic trade protections and strong steel pricing. The company secured multiyear supply contracts expected to generate $1 billion in incremental EBITDA, postponed a furnace maintenance outage to preserve 500,000 tons of production, and committed all free cash flow to debt reduction. Management projects over $4 billion in EBITDA for 2027 under similar market conditions.

10/19/2026, 5:30 PM • The Motley Fool

Stock Market Today, Oct. 19: Cleveland-Cliffs Surges on Stronger Q3 Results and Raised 2027 EBITDA Outlook

Cleveland-Cliffs stock surged 16.34% after reporting stronger Q3 results with adjusted EBITDA more than doubling to $612 million and raising its 2027 EBITDA outlook to exceed $4 billion. The strong performance boosted other domestic steel stocks, though Steel Dynamics fell after earnings missed estimates despite record shipments.

10/19/2026, 5:17 PM • The Motley Fool

Why Cleveland-Cliffs Stock Popped Today

Cleveland-Cliffs stock surged over 16% after reporting adjusted earnings of $0.28 per share, beating estimates of $0.21. The company's adjusted EBITDA more than doubled to $612 million in Q3, with expectations to exceed $700 million in Q4. Strong steel prices and tariffs limiting imports are driving robust 2027 outlook with over $4 billion in projected adjusted EBITDA.

10/19/2026, 11:57 AM • The Motley Fool

Why Did Cleveland-Cliffs Stock Pop Today?

Cleveland-Cliffs stock surged 7% after announcing a $1 billion investment in its Middletown Works facility in Ohio, with $500 million in funding from the U.S. Department of Energy. The investment will upgrade blast furnace operations for automotive-grade steel production. The stock also benefited from a rebound in steel sector stocks following news of potential tariff reductions on Canadian steel from 50% to 25%, which could benefit Cleveland-Cliffs' 2024 acquisition of Canadian steelmaker Stelco.

08/21/2026, 1:18 PM • The Motley Fool

Stock Market Today, July 23: Cleveland-Cliffs Stock Soars on Robust Steel Demand and Pricing

Cleveland-Cliffs stock surged 15.98% on strong quarterly results and upbeat guidance, driven by robust steel demand and pricing. The company's adjusted EBITDA jumped from $95 million in Q1 to $286 million in Q2, with expectations to reach approximately $575 million in Q3. The broader steel sector is thriving, with peers Nucor and Steel Dynamics also posting strong results.

07/23/2026, 5:29 PM • The Motley Fool

Tariffs Rose: 1 Steelmaker Thrived, 1 Still Struggles

Steel Dynamics and Cleveland-Cliffs reported Q1 2026 earnings amid a 50% tariff on imported steel that has reduced U.S. imports to 17-year lows. Steel Dynamics thrived with $403 million in profit and a 13% EBITDA margin, while Cleveland-Cliffs posted a $229 million loss with only a 2% margin. The divergence stems from their business models: Steel Dynamics uses efficient electric arc furnace technology and owns its own scrap recycling network, while Cleveland-Cliffs operates expensive integrated blast furnaces with high fixed costs and union labor obligations.

04/24/2026, 10:19 AM • Investing

Here's Why Steel Dynamics Stock Spiked This Week and How That Could Continue

Steel Dynamics reported record quarterly shipments and an 84% increase in net income, driving its stock up 10.6% this week. The company capitalized on strong pricing and high mill utilization. In contrast, Cleveland-Cliffs faced headwinds from unfavorable contract pricing and high energy costs. Nucor's upcoming earnings report could further boost Steel Dynamics if it signals similar challenges in the sector.

04/24/2026, 10:11 AM • The Motley Fool

Is Cleveland-Cliffs Stock a Steal Buy After Falling Off the Cliff This Week?

Cleveland-Cliffs stock plunged 32.5% after reporting a $1.4 billion net loss for 2025, driven by weak automotive demand and an unprofitable steel slab contract with ArcelorMittal USA. However, management projects a strong 2026 recovery as automotive volumes recover, steel prices surge to two-year highs, and Canadian import restrictions benefit its Stelco subsidiary. The stock may represent a turnaround opportunity despite near-term challenges.

02/13/2026, 12:12 PM • The Motley Fool

Stock Market Today, Feb. 9: Cleveland-Cliffs Shares Slide After Revenue Miss and Full-Year Net Loss

Cleveland-Cliffs stock plummeted 16.43% after reporting Q4 2025 revenue that missed Wall Street expectations and a full-year net loss of $1.4 billion. However, management provided an optimistic 2026 outlook with expected steel shipment increases of over 3% and cost-cutting initiatives. A pending strategic partnership with South Korea's Posco Holdings could be announced in the first half of 2026.

02/09/2026, 5:11 PM • The Motley Fool

Software Stocks Rebound, Silver Rallies 6% To $82: What's Moving Markets Monday?

Software stocks extended their rebound with the iShares Expanded Tech-Software Sector ETF jumping over 3%, while the Nasdaq 100 climbed 1% and S&P 500 added 0.7%. Silver led commodities with a 6% rally to $82, while oil jumped 2% and gold rallied 2.5%. Notable gainers included AppLovin Corp surging 14%, Oracle rising 11%, and Palantir Technologies up 7%. Crypto markets lagged with Bitcoin slipping 0.4% to $70,000.

02/09/2026, 1:16 PM • Benzinga

Why Did Cleveland-Cliffs Stock Jump This Week?

Cleveland-Cliffs stock jumped nearly 10% this week after recovering from a previous analyst downgrade. Despite Keybanc's neutral rating citing valuation concerns and increased costs, steel stocks are climbing due to strong demand from infrastructure, construction, and automotive sectors, alongside supply-side factors like tariffs. Upcoming earnings will be critical to determine if gains are sector-wide or company-specific.

01/17/2026, 10:26 AM • The Motley Fool

Why Cleveland-Cliffs Stock Popped Today

Cleveland-Cliffs reported Q3 earnings with a net loss and missed revenue estimates, but saw stock surge due to potential rare earth mineral opportunities and a new memorandum of understanding with a global steel producer.

10/20/2025, 12:19 PM • The Motley Fool

Stock Market Today: S&P 500, Nasdaq, Dow Jones Futures Rise— Micron, Bitmine, Coinbase In Focus

U.S. stock futures rose on Monday, with investors anticipating major earnings reports from tech and consumer companies. Market analysts highlighted strong corporate earnings but warned about potential consumer pressures from increasing tariffs.

10/20/2025, 5:15 AM • Benzinga

Why Investors Were Fired up About Cleveland-Cliffs Stock Today

Cleveland-Cliffs successfully upsized its senior unsecured notes offering from $200 million to $275 million, demonstrating strong investor confidence in the steel manufacturer's financial health and debt management strategy.

10/08/2025, 4:10 PM • The Motley Fool

Cleveland-Cliffs Rally Tops S&P 500: Can It Continue?

Cleveland-Cliffs is experiencing a significant stock rally driven by U.S. trade tariffs, onshoring initiatives, and potential steel market recovery, with the company seeing record steel shipments and potential earnings growth.

10/06/2025, 1:05 PM • Investing