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Nucor (NUE): analyst forecast and price target

$256 +0.63% close 16.10.26 · market cap $57.8B · Basicmaterials · Steel SPY 0.09%
Price targets and ratings of

Analyst consensus

Moderate Buy

5 Buy2 Hold0 Sell

Ratings of 7 analysts in the last 3 months · top analysts only

12-month forecast

$285+11.0% upside

Based on 7 price targets given in the last 3 months, the average target is $285, the highest $300, the lowest $256. The average is +11.0% from the last price of $256.

$150$200$250$300Jan 26AprJulOctJan 27AprJulOctHigh$300Average$285Low$256
Highest target $300 Average target $285 Lowest target $256
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Bill Peterson★★★★★★★★★★#2254 · hits 49% · avg +6.9% J.P. Morgan $308 → $296−3.9% Buy +15.5% Reiterated 09.10.26on TipRanks 10:15 +1.1%next day +0.7% · 5 days +4.3%
Nick Cash★★★★★★★★★★#6084 · hits 50% · avg +8.0% Goldman Sachs $302 Buy +17.8% Reiterated 08.10.26on TipRanks Oct 9 08:10 +0.3%next day +1.1% · 5 days +3.8%
Samuel McKinney★★★★★★★★★★#3618 · hits 79% · avg +11.6% KeyBanc $288 → $286−0.7% Buy +11.6% Reiterated 05.10.26on TipRanks 05:10 +3.9%next day −0.7% · 5 days −0.3%
Carlos De Alba★★★★★★★★★★#697 · hits 57% · avg +16.1% Morgan Stanley $270 Hold +5.3% Assigned 25.09.26on TipRanks 08:35 −0.8%next day −0.4% · 5 days −2.3%
Vitaly Kononov★★★★★★★★★★#6574 · hits 36% · avg +5.4% Freedom Capital Markets $305 → $285−6.6% Hold +11.2% Reiterated 18.09.26on TipRanks 10:50 −6.4%next day −4.0% · 5 days −1.7%
Lawson Winder★★★★★★★★★★#424 · hits 57% · avg +16.2% Bank of America Securities $280 Buy +9.3% Reiterated 18.09.26on TipRanks 06:45 −6.4%next day −4.0% · 5 days −1.7%
Richard Garchitorena★★★★★★★★★★#2557 · hits 59% · avg +9.1% Barclays $295 Buy +15.1% Reiterated 18.09.26on TipRanks 05:20 −6.4%next day −4.0% · 5 days −1.7%
Katja Jancic★★★★★★★★★★#397 · hits 73% · avg +30.1% BMO Capital $295 Buy +15.1% Assigned 17.09.26on TipRanks Sep 18 07:15 +0.6%next day −6.4% · 5 days −7.3%
Timna Tanners★★★★★★★★★★#3057 · hits 55% · avg +4.1% Wells Fargo $285 → $280−1.8% Buy +9.3% Reiterated 17.09.26on TipRanks Sep 18 06:55 +0.6%next day −6.4% · 5 days −7.3%
Unknown Analyst Wolfe Research $285 → $297+4.2% Buy +15.9% Reiterated 24.08.26on TipRanks 07:10 +0.7%next day +0.9% · 5 days +1.6%
Alexander Hacking★★★★★★★★★★#479 · hits 67% · avg +19.1% Citi $260 → $300+15.4% Buy +17.1% Reiterated 29.07.26on TipRanks 06:32 −2.1%next day −1.3% · 5 days +1.8%
Andrew Jones CFA★★★★★★★★★★#2603 · hits 65% · avg +7.9% UBS $224 → $256+14.3% Hold −0.1% Assigned 28.07.26on TipRanks 08:22 +6.9%next day −2.1% · 5 days −0.9%
Chris LaFemina★★★★★★★★★★#470 · hits 55% · avg +14.9% Jefferies $190 → $200+5.3% Buy −22.0% Reiterated 27.01.26on TipRanks 08:55 −2.7%next day −0.2% · 5 days +8.3%
Alexandra Yates★★★★★★★★★★#1237 · hits 85% · avg +33.3% Argus Research $160 → $169+5.6% Buy −34.1% Reiterated 25.11.25on TipRanks Nov 26 16:50 +0.8%next day +1.2% · 5 days +4.1%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Nucor

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Bill Peterson★★★★★★★★★★J.P. Morgan · #2254
Hits 49%131 of 265 Average return +6.9%
1 year Bill Peterson★★★★★★★★★★J.P. Morgan · #2254
Hits 49%131 of 265 Average return +6.9%
2 years Bill Peterson★★★★★★★★★★J.P. Morgan · #2254
Hits 49%131 of 265 Average return +6.9%

Most profitable

3 months Katja Jancic★★★★★★★★★★BMO Capital · #397
Hits 73%83 of 113 Average return +30.1%
1 year Katja Jancic★★★★★★★★★★BMO Capital · #397
Hits 73%83 of 113 Average return +30.1%
2 years Alexander Hacking★★★★★★★★★★Citi · #479
Hits 67%152 of 228 Average return +19.1%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $288 at a price of $234 (+23.2%); now: $287 at $256 (+11.9%).

$240$260$280Sep 15Oct 1Oct 15Top analysts$285Average target$287Price$256

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

05101520181Oct 25191Nov161Dec134Jan 26103Feb104Mar112Apr112May122Jun143Jul133Aug133Sep61Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy11121413136
Hold223331
Sell000000

Earnings and sales forecast

Next report: 26.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $5.80 (from $5.20 to $6.45). Last quarter: $4.84.

Sales

Next quarter’s sales estimate — $10.8B (from $10.5B to $11.1B). Last quarter: $10.4B.

Best top-analyst consensus in the sector · Basicmaterials

HBMnot in our ETFs
KGCnot in our ETFs
USARUSA Rare Earth
SSRMSSR Mining
EQXnot in our ETFs
About Nucor
  • CEO: Leon J. Topalian
  • Employees: 33,000
  • 1915 Rexford Road, Charlotte, NC, 28211, US
  • www.nucor.com

Nucor Corporation is a prominent producer and distributor of steel and diverse steel-related products. Within its Steel Mills division, the company manufactures a comprehensive range of steel goods. These include various sheet steel types like hot-rolled, cold-rolled, and galvanized, alongside plate steel. It also produces structural components such as wide-flange beams, beam blanks, H-piling, and sheet piling. Furthermore, this segment supplies bar steel products, encompassing blooms, billets, concrete reinforcing bars, merchant bars, and specialized bar quality items. Beyond manufacturing, Nucor's steel mills are involved in steel trading and the distribution of rebar. Its clientele primarily consists of steel service centers, fabricators, and manufacturers across the United States, Canada, and Mexico. The Steel Products segment provides an array of manufactured steel goods, such as hollow structural section tubing, electrical conduits, steel racking, joists and girders, steel decks, and fabricated concrete reinforcing steel. It also supplies cold finished steel, fasteners, complete metal building systems, insulated metal panels, steel grating, expanded metal, and various wire and wire mesh products. These offerings are largely directed towards nonresidential construction projects. Additionally, this segment manages a piling distribution operation. Nucor's Raw Materials division is responsible for producing direct reduced iron (DRI). It also acts as a broker for ferrous and nonferrous metals, pig iron, hot briquetted iron (HBI), and direct reduced iron (DRI). This segment supplies ferro-alloys, processes both ferrous and nonferrous scrap metals, and undertakes natural gas drilling activities. Its ferrous scrap is supplied to electric arc furnace steel mills and foundries for their manufacturing processes. Meanwhile, nonferrous scrap metal is sold to aluminum can manufacturers, secondary aluminum smelters, steel mills, various other processors, and direct consumers

Data from the stock’s TipRanks forecast page, read 24 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗