Free Trial

Nucor (NUE) Stock Forecast & Price Target

Nucor logo
$135.18 -4.77 (-3.40%)
Closing price 03:59 PM Eastern
Extended Trading
$135.28 +0.09 (+0.07%)
As of 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Nucor - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
3
Buy
6

Based on 9 Wall Street analysts who have issued ratings for Nucor in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 3 have given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for NUE.

Consensus Price Target

$163.13
20.67% Upside
According to the 9 analysts' twelve-month price targets for Nucor, the average price target is $163.13. The highest price target for NUE is $200.00, while the lowest price target for NUE is $135.00. The average price target represents a forecasted upside of 20.67% from the current price of $135.19.
Get the Latest News and Ratings for NUE and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Nucor and its competitors.

Sign Up

NUE Analyst Ratings Over Time

TypeCurrent Forecast
2/22/24 to 2/21/25
1 Month Ago
1/23/24 to 1/22/25
3 Months Ago
11/24/23 to 11/23/24
1 Year Ago
2/22/23 to 2/22/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$163.13$163.63$190.57$174.43
Forecasted Upside20.67% Upside34.18% Upside25.44% Upside-6.55% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

NUE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

NUE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Nucor Stock vs. The Competition

TypeNucorBasic Materials CompaniesS&P 500
Consensus Rating Score
2.78
2.76
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside20.67% Upside149.29% Upside14.37% Upside
News Sentiment Rating
Positive News

See Recent NUE News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/3/2025Morgan Stanley
3 of 5 stars
Carlos De Alba
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetOverweight ➝ Overweight$166.00 ➝ $154.00+19.27%
1/29/2025JPMorgan Chase & Co.
2 of 5 stars
Bill Peterson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetOverweight ➝ Overweight$152.00 ➝ $150.00+18.53%
1/29/2025Jefferies Financial Group
2 of 5 stars
Christopher LeFemina
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetHold ➝ Hold$125.00 ➝ $135.00+6.68%
12/19/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$240.00 ➝ $160.00+37.91%
12/12/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Jones
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Neutral$171.00 ➝ $156.00+12.70%
12/2/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Harris
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageBuy$190.00+22.83%
9/18/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetMarket Perform ➝ Market Perform$175.00 ➝ $160.00+12.53%
8/26/2024Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Eade
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
6/26/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$210.00 ➝ $200.00+30.65%
7/11/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$156.00 ➝ $167.00+1.73%
7/5/2023BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Outperform$191.00+15.33%
6/1/2023Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:34 PM ET.


Should I Buy Nucor Stock? NUE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, February 18, 2025. Please send any questions or comments about these Nucor pros and cons to contact@marketbeat.com.

Nucor
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Nucor Co.:

  • Nucor Co. recently reported a quarterly earnings per share (EPS) of $1.22, significantly exceeding analysts' expectations of $0.94, indicating strong financial performance.
  • The current stock price of Nucor Co. is $137.75, which reflects a positive market sentiment and potential for growth.
  • The company has increased its quarterly dividend to $0.55, up from $0.54, showcasing its commitment to returning value to shareholders. This translates to an annualized dividend of $2.20, providing a yield of 1.60%.
  • Nucor Co. has a relatively low debt-to-equity ratio of 0.27, suggesting a strong balance sheet and lower financial risk, which is attractive for investors seeking stability.
  • Analysts have a consensus rating of "Moderate Buy" for Nucor Co., with a target price of $163.13, indicating potential upside for investors.

Nucor
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Nucor Co. for these reasons:

  • The company reported a significant decline in EPS from $3.16 in the same quarter last year to $1.22, which may raise concerns about its profitability trends.
  • Nucor Co. has a beta of 1.60, indicating higher volatility compared to the market, which could lead to greater risk for investors during market fluctuations.
  • Recent target price reductions by major analysts, such as Citigroup lowering its target from $240.00 to $160.00, may signal a lack of confidence in the stock's near-term performance.
  • The net margin of 6.60% suggests that while the company is profitable, its profitability may be lower than some competitors, which could impact investor returns.
  • With a dividend payout ratio of 26.16%, while sustainable, it indicates that a significant portion of earnings is retained, which may limit immediate returns for income-focused investors.

NUE Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Nucor is $163.13, with a high forecast of $200.00 and a low forecast of $135.00.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last twelve months. There are currently 3 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NUE shares.

According to analysts, Nucor's stock has a predicted upside of 20.67% based on their 12-month stock forecasts.

Nucor has been rated by research analysts at Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, The Goldman Sachs Group, and UBS Group in the past 90 days.

Analysts like Nucor more than other "basic materials" companies. The consensus rating score for Nucor is 2.78 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how NUE compares to other companies.


This page (NYSE:NUE) was last updated on 2/21/2025 by MarketBeat.com Staff
From Our Partners