Nucor Corporation (NUE)
NYSE: NUE · Real-Time Price · USD
127.49
+0.19 (0.15%)
At close: Mar 27, 2025, 4:00 PM
128.39
+0.90 (0.71%)
After-hours: Mar 27, 2025, 6:20 PM EST

Nucor Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Nucor stock have an average target of 166, with a low estimate of 135 and a high estimate of 200. The average target predicts an increase of 30.21% from the current stock price of 127.49.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $135 $166 $160 $200
Change +5.89% +30.21% +25.50% +56.88%

Analyst Ratings

The average analyst rating for Nucor stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 333334
Buy 222222
Hold 223332
Sell 000000
Strong Sell 000000
Total 778888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Strong Buy
Upgrades
$156$160
Strong Buy Upgrades $156$160 +25.50% Mar 24, 2025
JP Morgan
JP Morgan
Buy
Maintains
$150$156
Buy Maintains $150$156 +22.36% Mar 11, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$154$167
Buy Maintains $154$167 +30.99% Mar 7, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$166$154
Buy Maintains $166$154 +20.79% Feb 3, 2025
JP Morgan
JP Morgan
Buy
Maintains
$152$150
Buy Maintains $152$150 +17.66% Jan 29, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
31.24B
from 30.73B
Increased by 1.65%
Revenue Next Year
33.42B
from 31.24B
Increased by 6.99%
EPS This Year
7.34
from 8.46
Decreased by -13.27%
EPS Next Year
10.92
from 7.34
Increased by 48.78%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
20.14B36.48B41.51B34.71B30.73B31.24B33.42B35.68B
Revenue Growth
-10.84%81.16%13.78%-16.38%-11.47%1.65%6.99%6.76%
EPS
2.3623.1628.7918.008.467.3410.9212.43
EPS Growth
-42.85%879.50%24.29%-37.47%-53.00%-13.27%48.78%13.90%
Forward PE
-----17.3711.6810.25
No. Analysts -----17156
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 34.9B 35.9B 37.7B
Avg 31.2B 33.4B 35.7B
Low 28.7B 31.3B 33.2B

Revenue Growth

Revenue Growth 202520262027
High
13.5%
15.0%
12.8%
Avg
1.6%
7.0%
6.8%
Low
-6.5%
0.3%
-0.8%

EPS Forecast

EPS 2025202620272028
High 10.28 14.75 17.29
Avg 7.34 10.92 12.43
Low 5.31 8.38 9.53

EPS Growth

EPS Growth 2025202620272028
High
21.5%
101.1%
58.4%
Avg
-13.3%
48.8%
13.9%
Low
-37.2%
14.2%
-12.7%
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.