Nucor Corporation (NUE)
NYSE: NUE · Real-Time Price · USD
120.12
+4.90 (4.25%)
At close: May 12, 2025, 4:00 PM
120.99
+0.87 (0.72%)
After-hours: May 12, 2025, 7:35 PM EDT
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 34.35% from the current stock price of 120.12.
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 | 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 | +16.55% | Apr 16, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $175 → $169 | Strong Buy | Maintains | $175 → $169 | +40.69% | Apr 7, 2025 |
| UBS | UBS | Hold → Strong Buy Upgrades $156 → $160 | Hold → Strong Buy | Upgrades | $156 → $160 | +33.20% | Mar 24, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $150 → $156 | Buy | Maintains | $150 → $156 | +29.87% | Mar 11, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $154 → $167 | Buy | Maintains | $154 → $167 | +39.03% | 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
8.09
from 8.46
Decreased by -4.39%
EPS Next Year
11.20
from 8.09
Increased by 38.40%
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 | 10.35 | 14.03 | 16.01 | |
| Avg | 8.09 | 11.20 | 13.19 | |
| Low | 6.26 | 8.82 | 10.92 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 22.4% | 73.4% | 43.0% | |
| Avg | -4.4% | 38.4% | 17.8% | |
| Low | -26.0% | 9.0% | -2.5% |
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.