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Cleveland-Cliffs ( (CLF) ) has issued an announcement.
On February 19, 2026, Cleveland-Cliffs Lead Director Douglas C. Taylor tendered his resignation from the board, following a change in his primary occupation as required under the company’s corporate governance guidelines. The board, acting on a committee recommendation, accepted his resignation effective February 22, 2026, and emphasized that his departure did not stem from any disagreement over operations, policies or practices.
Also on February 22, 2026, the board moved swiftly to reassign Taylor’s former responsibilities, appointing Ralph S. Michael, III as Lead Director and naming Edilson T. Camara as Chairman of the Compensation and Organization Committee. The succession decisions underscore the company’s effort to maintain continuity in board leadership and oversight of executive pay and organizational matters, signaling stable governance for investors and other stakeholders.
The most recent analyst rating on (CLF) stock is a Hold with a $10.50 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.
Overall score reflects weak current financial performance (losses and negative cash flow) as the biggest drag, partially offset by a more optimistic 2026 earnings-call outlook (expected price/cost improvements and a sizable slab-contract EBITDA benefit). Technicals are soft in the near term, and valuation is difficult to support with losses and no dividend yield provided.
To see Spark’s full report on CLF stock, click here.
More about Cleveland-Cliffs
Cleveland-Cliffs Inc. is a U.S.-based company in the metals and mining sector, best known as a major producer of iron ore and steel products. It supplies key materials to industrial, automotive and manufacturing customers, positioning itself as an important player in the North American steel value chain.
Average Trading Volume: 16,685,774
Technical Sentiment Signal: Sell
Current Market Cap: $6.02B
See more insights into CLF stock on TipRanks’ Stock Analysis page.