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NYSE:NUE - Nucor Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $91.50
  • Forecasted Upside: -16.80 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 7 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$109.98 As of 09/16/2021 04:16 PM ET
▲ +0.35 (0.32%)

This chart shows the closing price for NUE by one month, three months, or twelve months.

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Analyst Price Target for NUE

Analyst Price Target is $91.50
▼ -16.80% Downside Potential
This price target is based on 12 analysts offering 12 month price targets for Nucor in the last 3 months. The average price target is $91.50, with a high forecast of $140.00 and a low forecast of $48.00. The average price target represents a -16.80% upside from the last price of $109.98.

This chart shows the closing price for NUE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 12 contributing investment analysts is to hold stock in Nucor. This rating has held steady since February 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
3/20/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
6/18/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
8/17/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
9/16/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/15/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$100.00 ➝ $130.00High
8/24/2021ArgusBoost Price TargetPositive ➝ Buy$110.00 ➝ $140.00Low
8/23/2021Seaport Res PtnReiterated RatingBuyHigh
8/23/2021Seaport Global SecuritiesInitiated CoverageBuy$130.00Low
7/1/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$75.00 ➝ $100.00Low
6/16/2021JPMorgan Chase & Co.Initiated CoverageNeutral$114.00Medium
6/14/2021Morgan StanleyBoost Price TargetEqual Weight$95.00 ➝ $101.00High
5/14/2021BMO Capital MarketsBoost Price TargetMarket Perform$86.00 ➝ $110.00Low
5/11/2021Morgan StanleyBoost Price TargetEqual Weight$71.00 ➝ $95.00Low
4/20/2021Bank of AmericaUpgradeUnderperform ➝ Neutral$56.00 ➝ $80.00Low
4/9/2021The Goldman Sachs GroupInitiated CoverageBuy$86.00Low
3/19/2021ArgusUpgradeHold ➝ Buy$85.00Low
3/17/2021BMO Capital MarketsBoost Price TargetFair Value ➝ Market Perform$63.00 ➝ $75.00Medium
3/12/2021Morgan StanleyBoost Price TargetEqual Weight$60.00 ➝ $71.00Low
2/3/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$48.00 ➝ $63.00Medium
12/9/2020Morgan StanleyInitiated CoverageEqual Weight$60.00Low
10/23/2020BMO Capital MarketsBoost Price TargetMarket Perform$50.00 ➝ $54.00Low
10/15/2020Exane BNP ParibasDowngradeOutperform ➝ Neutral$48.00Low
10/15/2020BNP ParibasDowngradeOutperform ➝ Neutral$48.00Low
10/2/2020UBS GroupBoost Price Target$39.00 ➝ $48.00Medium
10/1/2020Deutsche Bank AktiengesellschaftBoost Price TargetHold$42.00 ➝ $46.00Low
9/18/2020BMO Capital MarketsBoost Price TargetFair Value ➝ Market Perform$46.00 ➝ $50.00Low
8/11/2020ArgusReiterated RatingBuy ➝ HoldHigh
6/19/2020BMO Capital MarketsBoost Price TargetFair Value ➝ Market Perform$42.00 ➝ $46.00High
6/10/2020KeyCorpBoost Price TargetOverweight$45.00 ➝ $49.00Medium
5/14/2020UBS GroupLower Price TargetNeutral$56.00 ➝ $39.00Medium
5/13/2020KeyCorpLower Price TargetOverweight$49.00 ➝ $45.00High
4/29/2020BMO Capital MarketsBoost Price TargetMarket Perform$35.00 ➝ $42.00High
4/17/2020JPMorgan Chase & Co.Lower Price TargetOverweight$57.00 ➝ $42.00Low
4/15/2020Credit Suisse GroupDowngradeOutperform ➝ NeutralHigh
3/30/2020Deutsche Bank AktiengesellschaftUpgradeSell ➝ Hold$45.00 ➝ $37.00High
3/30/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$55.00 ➝ $41.00High
3/24/2020KeyCorpLower Price TargetOverweight$60.00 ➝ $43.00High
3/20/2020BMO Capital MarketsLower Price TargetMarket Perform$57.00 ➝ $30.00High
3/20/2020Credit Suisse GroupLower Price TargetOutperform$57.00 ➝ $54.00Medium
2/18/2020KeyCorpLower Price TargetOverweight$62.00 ➝ $60.00Low
1/31/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$60.00 ➝ $55.00Medium
1/29/2020Credit Suisse GroupLower Price TargetOutperform$61.00 ➝ $57.00High
1/29/2020Deutsche Bank AktiengesellschaftDowngradeHold ➝ SellHigh
12/9/2019Longbow ResearchUpgradeNeutral ➝ Buy$65.00Medium
11/14/2019BNP ParibasInitiated CoverageBuy$71.00Low
11/14/2019Exane BNP ParibasInitiated CoverageOutperform$71.00Low
11/13/2019KeyCorpReiterated RatingBuy$60.00 ➝ $62.00Low
9/4/2019Bank of AmericaLower Price TargetUnderperform$50.00 ➝ $46.00Medium
8/27/2019KeyCorpLower Price TargetOverweight$61.00 ➝ $60.00Medium
7/19/2019Credit Suisse GroupSet Price TargetBuy$61.00Low
6/17/2019KeyCorpLower Price TargetOverweight$66.00 ➝ $61.00Low
6/11/2019CitigroupSet Price TargetBuy$60.00Low
6/4/2019The Goldman Sachs GroupLower Price TargetBuy$70.00 ➝ $59.00Low
5/31/2019Bank of AmericaDowngradeBuy ➝ Underperform$68.00 ➝ $50.00Low
5/30/2019Deutsche Bank AktiengesellschaftDowngradeBuy ➝ HoldMedium
5/22/2019KeyCorpLower Price TargetOverweight$70.00 ➝ $66.00Medium
5/8/2019UBS GroupSet Price TargetHold$59.00Low
3/18/2019Standpoint ResearchUpgradeHold ➝ BuyLow
3/11/2019Longbow ResearchDowngradeBuy ➝ NeutralHigh
1/8/2019CowenInitiated CoverageOutperform ➝ Outperform$62.00Low
1/8/2019Credit Suisse GroupUpgradeNeutral ➝ OutperformHigh
12/10/2018UBS GroupSet Price TargetHold$59.00Low
11/30/2018KeyCorpReiterated RatingBuy$72.00Low
11/27/2018UBS GroupSet Price TargetHold$63.00High
10/23/2018ArgusReiterated RatingBuyLow
10/19/2018BMO Capital MarketsLower Price TargetMarket Perform ➝ Market Perform$75.00 ➝ $70.00Low
10/19/2018CitigroupLower Price TargetBuy ➝ Buy$78.00 ➝ $70.00Low
10/15/2018Credit Suisse GroupReiterated RatingOutperform ➝ NeutralHigh
10/11/2018Seaport Global SecuritiesInitiated CoverageBuy ➝ Buy$75.00Low
10/2/2018Deutsche Bank AktiengesellschaftDowngradeBuyMedium
7/24/2018KeyCorpUpgradeSector Weight ➝ Overweight$77.00Low
7/13/2018Jefferies Financial GroupReiterated RatingBuy$80.00Low
5/17/2018MacquarieUpgradeNeutral ➝ Outperform$75.00Low
4/17/2018UBS GroupInitiated CoverageNeutral$65.00High
4/17/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$68.00 ➝ $73.00Medium
3/20/2018The Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$78.00Medium
2/6/2018Morgan StanleyLower Price TargetEqual Weight ➝ Hold$70.00 ➝ $68.00Medium
1/31/2018Jefferies Financial GroupReiterated RatingBuy$76.00Low
1/31/2018BMO Capital MarketsBoost Price TargetFair Value ➝ Market Perform$72.00Low
1/31/2018Credit Suisse GroupBoost Price TargetOutperform ➝ Outperform$67.00 ➝ $73.00Low
1/9/2018Jefferies Financial GroupReiterated RatingBuy$77.00Medium
1/8/2018Bank of AmericaSet Price TargetBuy$67.00 ➝ $75.00Low
12/20/2017Longbow ResearchUpgradeNeutral ➝ BuyMedium
11/17/2017BMO Capital MarketsSet Price TargetHold$62.00N/A
10/23/2017CowenBoost Price TargetMarket Perform ➝ Market Perform$57.00 ➝ $63.00N/A
10/20/2017Bank of AmericaLower Price TargetBuy$73.00 ➝ $71.00N/A
10/20/2017Credit Suisse GroupBoost Price TargetOutperform$63.00 ➝ $67.00N/A
10/20/2017CitigroupSet Price TargetBuy$65.00 ➝ $66.00N/A
10/19/2017KeyCorpReiterated RatingHoldN/A
10/6/2017Jefferies Financial GroupReiterated RatingBuy$68.00N/A
10/2/2017Longbow ResearchDowngradeBuy ➝ Neutral$55.01 ➝ $56.04Low
9/28/2017Credit Suisse GroupLower Price TargetBuy$68.00 ➝ $63.00Medium
9/19/2017KeyCorpReiterated RatingHoldLow
9/18/2017BMO Capital MarketsReiterated RatingMarket Perform$70.00 ➝ $62.00Medium
9/16/2017Jefferies Financial GroupReiterated RatingBuyLow
9/14/2017CitigroupUpgradeNeutral ➝ Buy$53.60 ➝ $65.00Low
9/12/2017Morgan StanleyDowngradeOverweight ➝ Equal Weight$78.00 ➝ $60.00Low
9/6/2017MacquarieInitiated CoverageNeutral ➝ Neutral$57.00Medium
9/6/2017Bank of AmericaReiterated RatingBuy$73.00Low
8/26/2017BMO Capital MarketsSet Price TargetHold$70.00Low
8/21/2017Jefferies Financial GroupSet Price TargetBuy$68.00Medium
7/27/2017Longbow ResearchReiterated RatingBuy$66.00Medium
7/25/2017CowenReiterated RatingMarket Perform$62.00 ➝ $63.00Low
7/19/2017Berenberg BankReiterated RatingBuy$77.50High
7/19/2017Jefferies Financial GroupReiterated RatingBuy$68.00High
7/18/2017Morgan StanleyReiterated RatingBuyLow
6/30/2017Jefferies Financial GroupReiterated RatingBuyHigh
6/26/2017KeyCorpReiterated RatingOverweight$72.00 ➝ $66.00Low
6/19/2017Longbow ResearchUpgradeNeutral ➝ BuyLow
5/24/2017Credit Suisse GroupUpgradeNeutral ➝ Outperform$56.00 ➝ $68.00Low
5/15/2017BarclaysReiterated RatingBuy$73.00Low
5/9/2017Longbow ResearchInitiated CoverageNeutral ➝ NeutralMedium
5/5/2017BarclaysReiterated RatingBuy$73.00Medium
4/24/2017MacquarieUpgradeUnderperform ➝ Neutral$55.00 ➝ $62.00Medium
4/21/2017BMO Capital MarketsReiterated RatingHoldLow
4/20/2017BarclaysReiterated RatingBuy$67.00 ➝ $68.00Low
4/19/2017Jefferies Financial GroupReiterated RatingBuy$77.00 ➝ $75.00Low
4/3/2017BMO Capital MarketsReiterated RatingHold$68.00Low
3/22/2017JPMorgan Chase & Co.Boost Price TargetOverweight$70.00 ➝ $75.00Low
3/21/2017Deutsche Bank AktiengesellschaftBoost Price TargetBuy$73.00 ➝ $75.00High
2/13/2017Morgan StanleyUpgradeEqual Weight ➝ Overweight$78.00N/A
2/6/2017BarclaysBoost Price TargetOverweight$63.00 ➝ $67.00N/A
2/5/2017Berenberg BankReiterated RatingBuy$75.00N/A
1/31/2017Berenberg BankDowngradeBuy ➝ HoldN/A
1/20/2017CitigroupReiterated RatingNeutral$50.00 ➝ $65.00N/A
1/13/2017Credit Suisse GroupReiterated RatingNeutral$46.00 ➝ $56.00N/A
1/10/2017Jefferies Financial GroupReiterated RatingBuy$77.00N/A
1/9/2017KeyCorpUpgradeSector Weight ➝ Overweight$70.00N/A
12/13/2016Jefferies Financial GroupReiterated RatingBuy$55.00 ➝ $77.00N/A
12/12/2016ArgusBoost Price TargetBuy$65.00 ➝ $75.00N/A
12/6/2016Berenberg BankUpgradeHold ➝ BuyN/A
12/5/2016Deutsche Bank AktiengesellschaftBoost Price TargetBuy$55.00 ➝ $73.00N/A
11/30/2016JPMorgan Chase & Co.Boost Price TargetOverweight$59.00 ➝ $70.00N/A
11/29/2016MacquarieDowngradeNeutral ➝ UnderperformN/A
11/21/2016ArgusReiterated RatingBuy$58.00 ➝ $65.00N/A
11/14/2016Berenberg BankDowngradeBuy ➝ Hold$57.00 ➝ $61.00N/A
11/9/2016Jefferies Financial GroupReiterated RatingBuyN/A
11/9/2016Bank of AmericaUpgradeNeutral ➝ Buy$50.00 ➝ $57.00N/A
11/2/2016Berenberg BankUpgradeHold ➝ Buy$57.50 ➝ $57.00N/A
10/22/2016CitigroupReiterated RatingNeutralN/A
10/20/2016BMO Capital MarketsReiterated RatingHoldN/A
10/8/2016Credit Suisse GroupSet Price TargetHold$52.00N/A
10/1/2016Jefferies Financial GroupReiterated RatingBuyN/A
9/20/2016Berenberg BankReiterated RatingHold$57.50N/A
(Data available from 9/16/2016 forward)

News Sentiment Rating

0.62 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 15 very positive mentions
  • 19 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2021
  • 0 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/20/2021
  • 0 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/19/2021
  • 0 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/19/2021
  • 0 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/18/2021
  • 4 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/18/2021
  • 24 very positive mentions
  • 44 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
8/17/2021
  • 19 very positive mentions
  • 27 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
9/16/2021

Current Sentiment

  • 19 very positive mentions
  • 27 positive mentions
  • 4 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Nucor logo
Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment comprises of carbon and alloy steel in sheet, bars; structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments. The Steel Products segment includes steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating, tubular products businesses, piling products business, and wire and wire mesh. The Raw Materials segment consists of direct reduced iron, and ferrous and nonferrous metals. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC.
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Today's Range

Now: $109.98
Low: $107.56
High: $110.22

50 Day Range

MA: $108.52
Low: $90.04
High: $126.17

52 Week Range

Now: $109.98
Low: $44.05
High: $128.81

Volume

87,397 shs

Average Volume

3,272,203 shs

Market Capitalization

$32.30 billion

P/E Ratio

10.92

Dividend Yield

1.53%

Beta

1.38

Frequently Asked Questions

What sell-side analysts currently cover shares of Nucor?

The following Wall Street research analysts have issued reports on Nucor in the last twelve months: Argus, Bank of America Co., BMO Capital Markets, BNP Paribas, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Exane BNP Paribas, JPMorgan Chase & Co., Morgan Stanley, Seaport Global Securities, Seaport Res Ptn, The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for NUE.

What is the current price target for Nucor?

12 Wall Street analysts have set twelve-month price targets for Nucor in the last year. Their average twelve-month price target is $91.50, suggesting a possible downside of 16.5%. Argus has the highest price target set, predicting NUE will reach $140.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $48.00 for Nucor in the next year.
View the latest price targets for NUE.

What is the current consensus analyst rating for Nucor?

Nucor currently has 7 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NUE, but not buy more shares or sell existing shares.
View the latest ratings for NUE.

What other companies compete with Nucor?

Other companies that are similar to Nucor include Steel Dynamics, Cleveland-Cliffs, Reliance Steel & Aluminum, United States Steel, Commercial Metals, Worthington Industries, Allegheny Technologies, Carpenter Technology, Schnitzer Steel Industries, Haynes International and Olympic Steel.

How do I contact Nucor's investor relations team?

Nucor's physical mailing address is 1915 REXFORD ROAD, CHARLOTTE NC, 28211. The basic materials company's listed phone number is (704) 366-7000. The official website for Nucor is www.nucor.com.