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NYSE:NUE - Nucor Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $136.67
  • Forecasted Upside: 6.22 %
  • Number of Analysts: 9
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$128.66 As of 05/25/2022 05:00 PM ET
▲ +4.44 (3.57%)

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 $136.67
▲ +6.22% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Nucor in the last 3 months. The average price target is $136.67, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 6.22% upside from the last price of $128.66.

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 9 investment analysts is to hold stock in Nucor. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
12/1/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
3/1/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
11/26/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
2/24/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
4/25/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
5/25/2022

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/17/2022BMO Capital MarketsLower Price Target$168.00 ➝ $128.00Low
4/25/2022ArgusBoost Price TargetBuy$140.00 ➝ $190.00Medium
4/22/2022The Goldman Sachs GroupBoost Price TargetNeutral$134.00 ➝ $148.00High
4/22/2022BMO Capital MarketsBoost Price Target$152.00 ➝ $168.00High
4/22/2022Credit Suisse GroupBoost Price TargetOutperform$142.00 ➝ $175.00High
3/24/2022JPMorgan Chase & Co.Boost Price TargetNeutral$113.00 ➝ $129.00High
2/16/2022The Goldman Sachs GroupBoost Price TargetNeutral$114.00 ➝ $120.00Low
1/31/2022Morgan StanleyBoost Price TargetEqual Weight$107.00 ➝ $108.00Low
1/11/2022Wolfe ResearchDowngradePeer Perform ➝ Underperform$102.00Low
11/16/2021Wolfe ResearchInitiated CoverageMarket Perform$104.00High
11/9/2021CitigroupDowngradeBuy ➝ Neutral$105.00 ➝ $120.00Medium
10/26/2021Morgan StanleyBoost Price TargetEqual Weight$105.00 ➝ $107.00High
10/6/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$123.00 ➝ $108.00Low
9/17/2021Credit Suisse GroupReiterated RatingBuy$142.00High
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
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
10/2/2018Deutsche 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
(Data available from 5/25/2017 forward)

News Sentiment Rating

0.40 (Hold)

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
  • 16 very positive mentions
  • 49 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2021
  • 8 very positive mentions
  • 37 positive mentions
  • 7 negative mentions
  • 1 very negative mentions
Mentions as of
11/26/2021
  • 10 very positive mentions
  • 28 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2021
  • 7 very positive mentions
  • 20 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2022
  • 6 very positive mentions
  • 42 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2022
  • 13 very positive mentions
  • 23 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
3/26/2022
  • 8 very positive mentions
  • 37 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
4/25/2022
  • 9 very positive mentions
  • 48 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2022

Current Sentiment

  • 9 very positive mentions
  • 48 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Nucor logo
Nucor Corporation manufactures and sells steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.
Read More

Today's Range

Now: $128.66
Low: $122.00
High: $129.36

50 Day Range

MA: $146.31
Low: $119.18
High: $175.59

52 Week Range

Now: $128.66
Low: $87.71
High: $187.90

Volume

2,221,181 shs

Average Volume

3,464,957 shs

Market Capitalization

$34.23 billion

P/E Ratio

4.60

Dividend Yield

1.58%

Beta

1.22

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, BMO Capital Markets, Citigroup Inc., Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Seaport Global Securities, Seaport Res Ptn, StockNews.com, The Goldman Sachs Group, Inc., Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for NUE.

What is the current price target for Nucor?

0 Wall Street analysts have set twelve-month price targets for Nucor in the last year. Their average twelve-month price target is $136.67, suggesting a possible upside of 6.2%.
View the latest price targets for NUE.

What is the current consensus analyst rating for Nucor?

Nucor currently has 1 sell rating, 5 hold ratings and 3 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.

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. Learn More about contacing Nucor investor relations.