Nucor (NUE) Stock Forecast & Price Target

$128.69 +1.82 (+1.43%)

Closing price 01/30/2025 03:59 PM Eastern

Extended Trading

$129.28 +0.59 (+0.45%)

As of 08:02 AM Eastern

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

Moderate Buy

Based on 9 Analyst Ratings

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

$164.63
27.92% Upside

According to the 9 analysts' twelve-month price targets for Nucor, the average price target is $164.63. 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 27.92% from the current price of $128.69.

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.

NUE Analyst Ratings Over Time

Type	Current Forecast 2/1/24 to 1/31/25	1 Month Ago 1/2/24 to 1/1/25	3 Months Ago 11/3/23 to 11/2/24	1 Year Ago 2/1/23 to 2/1/24
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	$164.63	$173.75	$190.57	$174.43
Forecasted Upside	27.92% Upside	48.87% Upside	32.75% Upside	-5.96% 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.

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.

Nucor Stock vs. The Competition

Type	Nucor	Basic Materials Companies	S&P 500
Consensus Rating Score	2.78	2.76	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	27.92% Upside	140.01% Upside	11.40% Upside
News Sentiment Rating	Positive News See Recent NUE News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/29/2025	JPMorgan Chase & Co. 3 of 5 stars	Bill Peterson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$152.00 ➝ $150.00	+18.53%
1/29/2025	Jefferies Financial Group 2 of 5 stars	Christopher LeFemina Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$125.00 ➝ $135.00	+6.68%
12/19/2024	Citigroup 3 of 5 stars		Lower Target	Buy ➝ Buy	$240.00 ➝ $160.00	+37.91%
12/12/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Neutral	$171.00 ➝ $156.00	+12.70%
12/2/2024	The 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 Coverage	Buy	$190.00	+22.83%
10/23/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$170.00 ➝ $166.00	+14.09%
9/18/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$175.00 ➝ $160.00	+12.53%
8/26/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Eade Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
6/26/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$210.00 ➝ $200.00	+30.65%
7/11/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$156.00 ➝ $167.00	+1.73%
Get the Latest News and Ratings for NUE and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Nucor and its competitors with MarketBeat's FREE daily newsletter.
7/5/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$191.00	+15.33%
6/1/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 08:03 AM 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 Wednesday, January 22, 2025. Please send any questions or comments about these Nucor pros and cons to contact@marketbeat.com.

Nucor
Bull Case

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

Nucor Co. has a strong market capitalization of approximately $29.21 billion, indicating a solid position in the industry and potential for growth.
The stock is currently trading at $124.40, which presents a potential upside of 22.19% based on recent price targets set by analysts, suggesting that it may be undervalued.
Analysts have a consensus rating of "Moderate Buy" for Nucor Co., with an average target price of $163.63, indicating positive sentiment among market experts.
The company reported earnings per share (EPS) of $1.49 for the latest quarter, exceeding expectations, which reflects strong operational performance.
Nucor Co. has a relatively low debt-to-equity ratio of 0.26, suggesting that it is not overly reliant on debt for financing, which can be a sign of financial stability.

Nucor
Bear Case

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

The company experienced a revenue decline of 15.2% compared to the same quarter last year, which may indicate challenges in maintaining sales growth.
Recent price target reductions by analysts, including a cut from $168.00 to $152.00 by JPMorgan Chase & Co., may signal concerns about future performance.
With a beta of 1.60, Nucor Co. is more volatile than the market, which could lead to higher risk for investors during market fluctuations.
Some analysts have issued "hold" ratings, suggesting that while the stock may not be a sell, it may not be the best investment opportunity at this time.
The company has a 52-week high of $203.00, indicating that the stock has seen significant price fluctuations, which could be a concern for risk-averse 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 $164.63, with a high forecast of $200.00 and a low forecast of $135.00.
: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nucor in the last year. There are currently 3 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NUE shares.
: According to analysts, Nucor's stock has a predicted upside of 27.92% based on their 12-month stock forecasts.
: Nucor has been rated by research analysts at Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., 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.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This page (NYSE:NUE) was last updated on 1/31/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Nucor (NUE) Stock Forecast & Price Target