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Nucor Corp. (NUE)
NYSE:NUE
NUE Analyst Ratings
Moderate Buy
6 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
NUE Stock 12 Month Forecast
Average Price Target
$157.50
▲(23.56% Upside)
| Highest Price Target$164.00 | Average Price Target$157.50 | Lowest Price Target$145.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Citi
Reiterated
03/24/25
Morgan Stanley
Reiterated
03/24/25
Jefferies
Reiterated
03/20/25
Bank of America Securities
Reiterated
03/20/25
J.P. Morgan
Reiterated
03/11/25
Argus Research
Reiterated
03/04/25
BMO Capital
Reiterated
03/04/25
KeyBanc
Reiterated
02/10/25
Goldman Sachs
$190
Buy
49.05%
Upside
Initiated
12/02/24
Goldman Sachs starts Nucor (NUE) at BuyGoldman Sachs analyst Mike Harris initiates coverage on Nucor (NYSE: NUE) with a Buy rating and a price target of $190.00.
Seaport Global
$165
Buy
29.44%
Upside
Assigned
10/23/24
Nucor (NUE) Gets a Buy from Seaport Global
Barclays
$210→$183
Buy
43.56%
Upside
Reiterated
06/14/24
Nucor (NUE) PT Lowered to $183 at UBSUBS analyst Curt Woodworth lowered the price target on Nucor (NYSE: NUE) to $183.00 (from $210.00) while maintaining a Buy rating.
Unknown Analyst
Not Ranked
Robert W. Baird
―
Buy
―
Reiterated
06/04/24
2 - David E. Tarantino, CFA No change in group thesis. Comps for our overall sample in the most recent week were consistent with the averages for the prior four weeks. We look to gain additional insights on recent demand fundamentals from the 12 restaurant companies attending Technology & Services Conference this week. GFF : Griffon Corporation : Rytec - Timothy Wojs, CFA Positive valuation read-through from Nucor acquisition. Earlier this morning, Nucor (NUE) announced the acquisition of $565m or 12.5X 2024E EBITDA (implies ~$45m of EBITDA in 2024E), furthering its vertical integration ambitions. Recall, Nucor also acquired C.H.I. 13X TTM EBITDA in 2022.
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Citi
Reiterated
03/24/25
Morgan Stanley
Reiterated
03/24/25
Jefferies
Reiterated
03/20/25
Bank of America Securities
Reiterated
03/20/25
J.P. Morgan
Reiterated
03/11/25
Argus Research
Reiterated
03/04/25
BMO Capital
Reiterated
03/04/25
KeyBanc
Reiterated
02/10/25
Goldman Sachs
$190
Buy
49.05%
Upside
Initiated
12/02/24
Goldman Sachs starts Nucor (NUE) at BuyGoldman Sachs analyst Mike Harris initiates coverage on Nucor (NYSE: NUE) with a Buy rating and a price target of $190.00.
Seaport Global
$165
Buy
29.44%
Upside
Assigned
10/23/24
Nucor (NUE) Gets a Buy from Seaport Global
Barclays
$210→$183
Buy
43.56%
Upside
Reiterated
06/14/24
Nucor (NUE) PT Lowered to $183 at UBSUBS analyst Curt Woodworth lowered the price target on Nucor (NYSE: NUE) to $183.00 (from $210.00) while maintaining a Buy rating.
Unknown Analyst
Not Ranked
Robert W. Baird
―
Buy
―
Reiterated
06/04/24
2 - David E. Tarantino, CFA No change in group thesis. Comps for our overall sample in the most recent week were consistent with the averages for the prior four weeks. We look to gain additional insights on recent demand fundamentals from the 12 restaurant companies attending Technology & Services Conference this week. GFF : Griffon Corporation : Rytec - Timothy Wojs, CFA Positive valuation read-through from Nucor acquisition. Earlier this morning, Nucor (NUE) announced the acquisition of $565m or 12.5X 2024E EBITDA (implies ~$45m of EBITDA in 2024E), furthering its vertical integration ambitions. Recall, Nucor also acquired C.H.I. 13X TTM EBITDA in 2022.
NUE Analyst Recommendation Trends
Rating
Nov 24
Dec 24
Jan 25
Feb 25
Mar 25
Strong Buy
2
1
1
1
0
Buy
11
11
12
13
17
Hold
4
4
5
6
7
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
17
16
18
20
24
Each month's total comprises the sum of three months' worth of ratings.
NUE Financial Forecast
NUE Stock Forecast FAQ
What is NUE’s average 12-month price target, according to analysts?
Based on analyst ratings, Nucor Corp.’s 12-month average price target is $157.50.
What is NUE’s upside potential, based on the analysts’ average price target?
Nucor Corp. has 23.56% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is NUE a Buy, Sell or Hold?
Nucor Corp. has a consensus rating of Moderate Buy which is based on 6 buy ratings, 3 hold ratings and 0 sell ratings.
What is Nucor Corp.’s price target?
The average price target for Nucor Corp. is $157.50. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $164.00 ,the lowest forecast is $145.00. The average price target represents 23.56% Increase from the current price of $127.47.
The highest analyst price target is $164.00 ,the lowest forecast is $145.00. The average price target represents 23.56% Increase from the current price of $127.47.
What do analysts say about Nucor Corp.?
Nucor Corp.’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 9 Wall Streets Analysts.
How can I buy shares of NUE?
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