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Nucor (NUE) Stock Forecast, Price Target & Predictions

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NUE Stock Forecast

Nucor (NUE) stock forecast, based on 28 Wall Street analysts, predicts a 12-month average price target of $152.00, with a high of $164.00 and a low of $129.00. This represents a 37.56% increase from the last price of $110.50.

$110 $128 $146 $164 $182 $200 High: $164 Avg: $152 Low: $129 Last Closed Price: $110.5

NUE Stock Rating

Nucor stock's rating consensus is Buy, based on 28 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 17 Buy (60.71%), 10 Hold (35.71%), 1 Sell (3.57%), and 0 Strong Sell (0.00%).

Buy
Total 28 1 10 17 Strong Sell Sell Hold Buy Strong Buy

NUE Price Target Upside V Benchmarks

TypeNameUpside
StockNucor37.56%
SectorBasic Materials Stocks 21.09%
IndustrySteel Stocks List32.57%

Price Target Trends

1M3M12M
# Anlaysts2412
Avg Price Target$162.00$158.25$163.58
Last Closing Price$110.50$110.50$110.50
Upside/Downside46.61%43.21%48.04%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25555--15
Mar, 25546--15
Feb, 25547--16
Jan, 25447--15
Dec, 24457--16
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 24, 2025Carlos De AlbaMorgan Stanley$164.00$127.4028.73%48.42%
Mar 24, 2025Andrew JonesUBS$160.00$127.4025.59%44.80%
Mar 05, 2025Argus Research$155.00$132.4916.99%40.27%
Feb 03, 2025Carlos De AlbaMorgan Stanley$154.00$131.3017.29%39.37%
Oct 29, 2024John EadeArgus Research$160.00$147.738.31%44.80%
Oct 22, 2024Matthew MillerCFRA$129.00$146.02-11.66%16.74%
Sep 18, 2024Carlos De AlbaMorgan Stanley$170.00$142.1819.57%53.85%
Sep 18, 2024Katja JancicBMO Capital$160.00$142.1812.53%44.80%
Aug 15, 2024Carlos De AlbaMorgan Stanley$176.00$141.2624.59%59.28%
Jun 17, 2024Katja JancicBMO Capital$175.00$153.6113.92%58.37%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 24, 2025UBSNeutralBuyupgrade
Mar 07, 2025Morgan StanleyOverweightOverweighthold
Feb 03, 2025Morgan StanleyOverweightOverweighthold
Dec 11, 2024UBSNeutralNeutraldowngrade
Oct 22, 2024CFRASellSellhold
Oct 22, 2024JefferiesHoldHoldhold
Sep 18, 2024Morgan StanleyOverweightOverweighthold
Sep 18, 2024BMO CapitalMarket PerformMarket Performhold
Sep 17, 2024JefferiesHoldHoldhold
Aug 15, 2024Morgan StanleyEqual-WeightOverweightupgrade

Financial Forecast

EPS Forecast

$0 $7 $14 $21 $28 $35 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$2.37$23.23$28.88$18.05$8.51-----
Avg Forecast$3.02$23.54$28.42$17.88$8.27$7.65$10.88$12.10$17.01$18.08
High Forecast$3.35$26.08$30.44$17.93$8.53$9.99$13.02$12.68$17.83$18.95
Low Forecast$2.82$21.95$27.17$17.86$7.83$5.09$8.93$11.55$16.24$17.26
Surprise %-21.52%-1.32%1.62%0.95%2.90%-----

Revenue Forecast

$15B $21B $27B $33B $39B $45B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$20.14B$36.48B$41.51B$34.71B$30.73B-----
Avg Forecast$20.29B$36.59B$41.17B$34.60B$30.41B$30.80B$33.38B$36.20B$40.23B$41.22B
High Forecast$21.97B$39.62B$43.42B$34.75B$30.78B$31.90B$35.08B$37.55B$41.72B$42.75B
Low Forecast$19.23B$34.69B$39.78B$34.43B$30.25B$29.73B$32.33B$34.94B$38.82B$39.78B
Surprise %-0.73%-0.29%0.84%0.33%1.06%-----

Net Income Forecast

$500M $2B $4B $5B $7B $8B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$721.47M$6.83B$7.61B$4.52B$2.03B-----
Avg Forecast$757.16M$5.89B$3.38B$4.51B$2.03B$1.62B$2.76B$2.89B$4.06B$4.31B
High Forecast$838.77M$6.53B$4.05B$5.41B$2.03B$2.38B$3.11B$3.02B$4.25B$4.52B
Low Forecast$705.98M$5.50B$2.70B$3.61B$1.87B$1.21B$2.13B$2.75B$3.87B$4.12B
Surprise %-4.71%15.83%125.34%0.38%------

NUE Forecast FAQ

Is Nucor stock a buy?

Nucor stock has a consensus rating of Buy, based on 28 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 17 Buy, 10 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Nucor is a favorable investment for most analysts.

What is Nucor's price target?

Nucor's price target, set by 28 Wall Street analysts, averages $152 over the next 12 months. The price target range spans from $129 at the low end to $164 at the high end, suggesting a potential 37.56% change from the previous closing price of $110.5.

How does Nucor stock forecast compare to its benchmarks?

Nucor's stock forecast shows a 37.56% upside, outperforming the average forecast for the basic materials stocks sector (21.09%) and outperforming the steel stocks list industry (32.57%).

What is the breakdown of analyst ratings for Nucor over the past three months?

  • April 2025: 33.33% Strong Buy, 33.33% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 33.33% Strong Buy, 26.67% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 31.25% Strong Buy, 25.00% Buy, 43.75% Hold, 0% Sell, 0% Strong Sell.

What is Nucor’s EPS forecast?

Nucor's average annual EPS forecast for its fiscal year ending in December 2025 is $7.65, marking a -10.11% decrease from the reported $8.51 in 2024. Estimates for the following years are $10.88 in 2026, $12.1 in 2027, $17.01 in 2028, and $18.08 in 2029.

What is Nucor’s revenue forecast?

Nucor's average annual revenue forecast for its fiscal year ending in December 2025 is $30.8B, reflecting a 0.20% increase from the reported $30.73B in 2024. The forecast for 2026 is $33.38B, followed by $36.2B for 2027, $40.23B for 2028, and $41.22B for 2029.

What is Nucor’s net income forecast?

Nucor's net income forecast for the fiscal year ending in December 2025 stands at $1.62B, representing a -19.84% decrease from the reported $2.03B in 2024. Projections indicate $2.76B in 2026, $2.89B in 2027, $4.06B in 2028, and $4.31B in 2029.