Cleveland-Cliffs Share Price Pulls Back 18%, Analysts Weighing Valuation

Thursday, Nov 20, 2025 10:35 pm ET1min read

Cleveland-Cliffs (CLF) shares have pulled back 18% over the past month, but year-to-date, the share price is up 15%. Analysts estimate a fair value of $12.58, suggesting the stock is undervalued. However, the removal of US steel tariffs or a slow transition to greener technologies could challenge the company's growth story. A discounted cash flow model places the fair value at $8.09, which is below the current share price.

Cleveland-Cliffs Share Price Pulls Back 18%, Analysts Weighing Valuation

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