Nucor Corporation (NUE)
NYSE: NUE · Real-Time Price · USD
108.84
-0.54 (-0.49%)
At close: May 28, 2025, 4:00 PM
110.50
+1.66 (1.53%)
After-hours: May 28, 2025, 7:57 PM EDT
Nucor Stock Forecast
Stock Price Forecast
According to 8 professional analysts, the 12-month price target for Nucor stock ranges from a low of $135 to a high of $200. The average analyst price target of $161.38 forecasts a 48.27% increase in the stock price over the next year.
Price Target: $161.38 (+48.27%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 16, 2025.
Analyst Ratings
The average analyst rating for Nucor stock 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $156 → $140 | Buy | Maintains | $156 → $140 | +28.63% | Apr 16, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $175 → $169 | Strong Buy | Maintains | $175 → $169 | +55.27% | Apr 7, 2025 |
| UBS | UBS | Hold → Strong Buy Upgrades $156 → $160 | Hold → Strong Buy | Upgrades | $156 → $160 | +47.00% | Mar 24, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $150 → $156 | Buy | Maintains | $150 → $156 | +43.33% | Mar 11, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $154 → $167 | Buy | Maintains | $154 → $167 | +53.44% | Mar 7, 2025 |
Financial Forecast
Revenue This Year
32.62B
from 30.73B
Increased by 6.12%
Revenue Next Year
34.05B
from 32.62B
Increased by 4.41%
EPS This Year
7.84
from 8.46
Decreased by -7.36%
EPS Next Year
11.05
from 7.84
Increased by 40.96%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 35.2B | 36.8B | 39.6B |
| Avg | 32.6B | 34.1B | 36.6B |
| Low | 30.1B | 31.0B | 33.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 14.6% | 12.7% | 16.4% |
| Avg | 6.1% | 4.4% | 7.5% |
| Low | -2.2% | -4.9% | -0.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 9.93 | 14.78 | 16.50 | |
| Avg | 7.84 | 11.05 | 13.84 | |
| Low | 6.83 | 8.53 | 11.90 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 17.4% | 88.6% | 49.3% | |
| Avg | -7.4% | 41.0% | 25.3% | |
| Low | -19.3% | 8.8% | 7.7% |
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.