Nucor (NUE) Stock Forecast & Price Target

$115.86 -1.42 (-1.21%)

(As of 05:46 PM ET)

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

$173.75
49.97% Upside

According to the 9 analysts' twelve-month price targets for Nucor, the average price target is $173.75. The highest price target for NUE is $200.00, while the lowest price target for NUE is $156.00. The average price target represents a forecasted upside of 49.97% from the current price of $115.86.

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 12/31/23 to 12/30/24	1 Month Ago 12/1/23 to 11/30/24	3 Months Ago 10/2/23 to 10/1/24	1 Year Ago 12/31/22 to 12/31/23
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)	2 Hold rating(s)	2 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$173.75	$190.57	$192.00	$165.33
Forecasted Upside	49.97% Upside	23.20% Upside	25.73% Upside	-5.00% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)

Altcoin season moves fast, and those who hesitate are left behind. The window is closing.

>> Register for the Workshop Now

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	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	49.85% Upside	137.35% Upside	14.95% Upside
News Sentiment Rating	Positive News See Recent NUE News	Neutral News	Neutral 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
12/19/2024	Citigroup 3 of 5 stars		Lower Target	Buy ➝ Buy	$240.00 ➝ $160.00	+37.91%
12/12/2024	UBS Group 4 of 5 stars	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 2 of 5 stars	M. Harris Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$190.00	+22.83%
10/23/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$170.00 ➝ $168.00	+18.04%
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%
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.
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%
5/20/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$190.00	+10.39%
7/11/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$156.00 ➝ $167.00	+1.73%
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 Monday at 11:39 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 Sunday, December 22, 2024. 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. recently reported a quarterly earnings per share (EPS) of $1.49, exceeding analysts' expectations of $1.40, indicating strong financial performance.
The company achieved a revenue of $7.44 billion for the quarter, surpassing the consensus estimate of $7.28 billion, showcasing robust sales growth.
As of the latest trading session, Nucor Co. stock is priced at $140.56, which may present a buying opportunity for investors looking for value.
Analysts have a generally positive outlook on Nucor Co., with several firms maintaining "overweight" ratings and a moderate buy average rating, suggesting potential for price appreciation.
The company has a solid return on equity of 12.06% and a net margin of 8.05%, indicating effective management and profitability.

Nucor
Bear Case

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

Nucor Co. has experienced a decline in stock price, down 2.8% recently, which may indicate market volatility and investor uncertainty.
The company reported a year-over-year revenue decrease of 15.2%, which could signal challenges in maintaining sales growth in a competitive market.
Insider selling has been noted, with executives selling a total of 29,680 shares in the last 90 days, which may raise concerns about the company's future prospects.
Despite a strong EPS report, the overall market sentiment may be cautious due to broader economic conditions affecting the basic materials sector.
Institutional investors hold a significant 76.48% of Nucor Co.'s stock, which can lead to increased volatility if large shareholders decide to sell.

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 $173.75, with a high forecast of $200.00 and a low forecast of $156.00.
: 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 49.97% based on their 12-month stock forecasts.
: Nucor has been rated by research analysts at Citigroup, 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.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)

Altcoin season moves fast, and those who hesitate are left behind. The window is closing.

>> Register for the Workshop Now

This page (NYSE:NUE) was last updated on 12/30/2024 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