Nucor Corporation (NUE)
NYSE: NUE · Real-Time Price · USD
110.50
+1.55 (1.42%)
Apr 17, 2025, 4:00 PM EDT - Market closed
Nucor Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Nucor stock have an average target of 161.38, with a low estimate of 135 and a high estimate of 200. The average target predicts an increase of 46.05% from the current stock price of 110.50.
Analyst Consensus: Strong Buy
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 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 | +26.70% | Apr 16, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $175 → $169 | Strong Buy | Maintains | $175 → $169 | +52.94% | Apr 7, 2025 |
| UBS | UBS | Hold → Strong Buy Upgrades $156 → $160 | Hold → Strong Buy | Upgrades | $156 → $160 | +44.80% | Mar 24, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $150 → $156 | Buy | Maintains | $150 → $156 | +41.18% | Mar 11, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $154 → $167 | Buy | Maintains | $154 → $167 | +51.13% | Mar 7, 2025 |
Financial Forecast
Revenue This Year
32.01B
from 30.73B
Increased by 4.14%
Revenue Next Year
33.89B
from 32.01B
Increased by 5.89%
EPS This Year
7.39
from 8.46
Decreased by -12.64%
EPS Next Year
11.28
from 7.39
Increased by 52.66%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 34.9B | 36.4B | 39.0B |
| Avg | 32.0B | 33.9B | 36.1B |
| Low | 29.7B | 31.8B | 33.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 13.5% | 13.7% | 15.1% |
| Avg | 4.1% | 5.9% | 6.4% |
| Low | -3.2% | -0.7% | -0.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 8.99 | 14.75 | 17.29 | |
| Avg | 7.39 | 11.28 | 13.39 | |
| Low | 6.26 | 8.82 | 10.92 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 6.2% | 99.6% | 53.3% | |
| Avg | -12.6% | 52.7% | 18.7% | |
| Low | -26.0% | 19.3% | -3.2% |
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.