Nucor Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Nucor stock have an average target of 163.13, with a low estimate of 135 and a high estimate of 200. The average target predicts an increase of 20.63% from the current stock price of 135.23.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$135	$163.13	$160	$200
Change	-0.17%	+20.63%	+18.32%	+47.90%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	3	3	3	3	3	3
Buy	2	2	2	2	2	2
Hold	3	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	7	7	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Carlos De Alba Morgan Stanley	Morgan Stanley	Buy Maintains $166 → $154	Buy	Maintains	$166 → $154	+13.88%	Feb 3, 2025
Bill Peterson JP Morgan	JP Morgan	Buy Maintains $152 → $150	Buy	Maintains	$152 → $150	+10.92%	Jan 29, 2025
Christopher LeFemina Jefferies	Jefferies	Hold Maintains $125 → $135	Hold	Maintains	$125 → $135	-0.17%	Jan 29, 2025
Bill Peterson JP Morgan	JP Morgan	Buy Maintains $168 → $152	Buy	Maintains	$168 → $152	+12.40%	Jan 17, 2025
Christopher LeFemina Jefferies	Jefferies	Hold Maintains $150 → $125	Hold	Maintains	$150 → $125	-7.56%	Jan 6, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

31.26B

from 30.73B

1.70%

from 30.73B

Revenue Next Year

33.42B

from 31.26B

6.93%

from 31.26B

EPS This Year

7.34

from 8.46

-13.27%

from 8.46

EPS Next Year

10.92

from 7.34

48.78%

from 7.34

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	20.14B	36.48B	41.51B	34.71B	30.73B	31.26B	33.42B	35.68B
Revenue Growth	-10.84%	81.15%	13.78%	-16.38%	-11.46%	1.70%	6.93%	6.76%
EPS	2.36	23.16	28.79	18.00	8.46	7.34	10.92	12.43
EPS Growth	-42.85%	879.50%	24.29%	-37.47%	-53.01%	-13.27%	48.78%	13.90%
Forward PE	-	-	-	-	-	18.43	12.39	10.88
No. Analysts	-	-	-	-	-	17	15	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	34.9B	35.9B	37.7B
Avg	31.3B	33.4B	35.7B
Low	28.7B	31.3B	33.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	13.5%	14.9%	12.8%
Avg	1.7%	6.9%	6.8%
Low	-6.5%	0.2%	-0.8%

EPS Forecast

EPS	2025	2026	2027
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	2025	2026	2027
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.