Nucor Corporation (NUE)
NYSE: NUE · Real-Time Price · USD
125.07
+0.54 (0.43%)
At close: Jan 21, 2025, 4:00 PM
125.00
-0.07 (-0.06%)
After-hours: Jan 21, 2025, 7:56 PM EST
Nucor Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Nucor stock have an average target of 163.63, with a low estimate of 125 and a high estimate of 200. The average target predicts an increase of 30.83% from the current stock price of 125.07.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Nucor stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 3 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 7 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $168 → $152 | Buy | Maintains | $168 → $152 | +21.53% | Jan 17, 2025 |
| Jefferies | Jefferies | Hold Maintains $150 → $125 | Hold | Maintains | $150 → $125 | -0.06% | Jan 6, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $240 → $160 | Strong Buy | Maintains | $240 → $160 | +27.93% | Dec 19, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $171 → $156 | Strong Buy → Hold | Downgrades | $171 → $156 | +24.73% | Dec 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $190 | Strong Buy | Initiates | $190 | +51.91% | Dec 2, 2024 |
Financial Forecast
Revenue This Year
30.76B
from 34.71B
Decreased by -11.39%
Revenue Next Year
31.00B
from 30.76B
Increased by 0.78%
EPS This Year
8.61
from 18.00
Decreased by -52.19%
EPS Next Year
9.14
from 8.61
Increased by 6.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.3B | 34.8B | 36.6B |
| Avg | 30.8B | 31.0B | 33.5B |
| Low | 29.6B | 28.1B | 30.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -6.9% | 13.2% | 18.0% |
| Avg | -11.4% | 0.8% | 8.1% |
| Low | -14.8% | -8.6% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.14 | 12.18 | 14.69 |
| Avg | 8.61 | 9.14 | 12.06 |
| Low | 7.99 | 6.48 | 9.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -49.3% | 41.5% | 60.7% |
| Avg | -52.2% | 6.2% | 31.9% |
| Low | -55.6% | -24.7% | -1.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.