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Nucor CorporationNYSE:NUE Stock Report

Market Cap US$53.3b
Share Price
US$227.50
US$192.55
18.2% overvalued intrinsic discount
1Y96.3%
7D0.6%
Portfolio Value
View

Nucor Corporation

NYSE:NUE Stock Report

Market Cap: US$53.3b

Nucor (NUE) Stock Overview

Engages in the manufacture and sale of steel and steel products. More details

NUE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends3/6

NUE Community Fair Values

Create Narrative

See what 163 others think this stock is worth. Follow their fair value or set your own to get alerts.

Materials opportunity

Nucor Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nucor
Historical stock prices
Current Share PriceUS$226.70
52 Week HighUS$235.44
52 Week LowUS$106.21
Beta1.88
1 Month Change30.84%
3 Month Change17.56%
1 Year Change96.29%
3 Year Change64.86%
5 Year Change124.90%
Change since IPO595,100.59%

Recent News & Updates

Seeking Alpha Apr 29

Nucor Corporation: Good Results Already Reflected In Valuation

Summary Nucor Corporation delivered a robust Q1, surpassing consensus on revenue and EPS due to higher volumes and prices amid favorable macro conditions. NUE's shares have surged 84% over 12 months, now trading at a premium to sector and historical multiples, with 2026 growth already priced in. I assign a Hold rating, as the cyclical nature of the steel industry and current valuation suggest limited upside and potential downside risk. Low leverage and strong cash flow support shareholder returns, but high capital expenditures and peak-cycle pricing warrant caution before adding exposure. Read the full article on Seeking Alpha
New Narrative Apr 29

Long Duration Infrastructure Projects And New Mill Capacity Will Support Stronger Future Earnings Power

Catalysts About Nucor Nucor produces steel and steel products across mills, downstream fabrication and raw materials operations in North America. What are the underlying business or industry changes driving this perspective?

Recent updates

Seeking Alpha Apr 29

Nucor Corporation: Good Results Already Reflected In Valuation

Summary Nucor Corporation delivered a robust Q1, surpassing consensus on revenue and EPS due to higher volumes and prices amid favorable macro conditions. NUE's shares have surged 84% over 12 months, now trading at a premium to sector and historical multiples, with 2026 growth already priced in. I assign a Hold rating, as the cyclical nature of the steel industry and current valuation suggest limited upside and potential downside risk. Low leverage and strong cash flow support shareholder returns, but high capital expenditures and peak-cycle pricing warrant caution before adding exposure. Read the full article on Seeking Alpha
New Narrative Apr 29

Long Duration Infrastructure Projects And New Mill Capacity Will Support Stronger Future Earnings Power

Catalysts About Nucor Nucor produces steel and steel products across mills, downstream fabrication and raw materials operations in North America. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 26

NUE: Modernization Spending Will Test Earnings Resilience Under Uncertain Tariff Policy

Nucor's updated analyst price target edges higher, supported by analysts who highlight recent price target increases from multiple firms and point to company investments, improving profitability across segments, and expectations for a modestly lower future P/E multiple as part of their rationale. Analyst Commentary Recent research on Nucor points to a mix of optimism and caution, with several large firms adjusting ratings and price targets as they reassess the company’s valuation, execution and growth plans.
New Narrative Apr 24

Nucor Corporation (NUE): Multi-Segment Expansion and Infrastructure Tailwinds Signal Structural Margin Growth

Nucor Corporation (NUE) , the titan of North American steel and a pioneer in low-carbon electric arc furnace (EAF) production, enters the trading session on Friday, April 24, 2026 , with intense market focus ahead of its Q1 2026 earnings release scheduled for Monday, April 27, after market close. The company is operating in a high-conviction environment, having previously guided for Q1 EPS between $2.70 and $2.80 , which would represent a massive 264% increase over the prior year’s adjusted results.
Narrative Update Apr 11

NUE: Modernization Spending And Tariff Uncertainty Will Shape Future Earnings Profile

The analyst price target for Nucor has been adjusted slightly higher to reflect updated views on its multi year growth plans and recent research that highlights modernization investments and evolving profitability expectations across its segments. Analyst Commentary Recent research coverage on Nucor has focused on valuation, execution of multi year growth plans, and how modernization spending could shape the company’s profitability profile across cycles.
Narrative Update Mar 27

NUE: Modernization Projects And Tariff Policy Will Support Future Earnings Power

Nucor's updated analyst price target edges higher, with fair value moving by a small amount to $187.46 as analysts factor in recent upgrades, refined assumptions about growth and profitability, and ongoing commentary about modernization projects and steel pricing assumptions. Analyst Commentary Recent research on Nucor reflects a mix of optimism and caution, with analysts fine tuning ratings and price targets as they reassess valuation, profitability assumptions, and the impact of ongoing modernization projects.
Narrative Update Mar 13

NUE: Modernization Spending And Tariff Support Will Shape Future Earnings Power

Analysts have nudged their price target on Nucor higher to about $187 per share, reflecting updated views on its modernization spend, the mix shift toward higher value products, and expectations that the company’s multi year organic growth plans could support a stronger through cycle profitability profile, even as some firms flag a fuller valuation and a slightly lower assumed future P/E multiple. Analyst Commentary Recent research on Nucor gives you a mixed picture, with some analysts leaning into the growth story around modernization and higher value products, while others are becoming more cautious on valuation after a strong run.
Narrative Update Feb 26

NUE: Tariff Support And Capacity Plans Will Shape Future Earnings Power

Analysts have kept their Nucor price target effectively unchanged at about $186 per share. This reflects research that points to a valuation they view as full, even as they factor in expectations for elevated steel prices, ongoing tariff support and steady domestic mill market share gains against imports.
Narrative Update Feb 11

NUE: Tariff Policy And Capacity Additions Will Shape Future Earnings Power

Nucor's analyst price target has been adjusted modestly higher to reflect updated assumptions around fair value near $186, a shift in expected revenue growth and future P/E, and recent Street research that highlights full valuation, higher steel price expectations, and a mixed but supportive demand backdrop in North America and Europe. Analyst Commentary Recent Street research around Nucor shows a mix of optimism on pricing and execution, alongside caution that the current share price already reflects much of that story.
Narrative Update Jan 27

NUE: Tariff Policies And Capacity Additions Will Shape Future Pricing Power

Nucor’s implied analyst price target has edged up by about $3 to roughly $182, as analysts factor in refreshed steel price forecasts, tariff support for elevated pricing, and slightly adjusted expectations for long term revenue growth, margins, and future P/E multiples. Analyst Commentary Recent Street research on Nucor reflects a mix of optimism on pricing and market position, balanced by more cautious views on demand and rating resets.
Narrative Update Jan 11

NUE: Steel Pricing, Tariffs And Capacity Shifts Will Shape Future Returns

The analyst price target for Nucor has moved modestly higher to about $180. This reflects updated views that combine firmer steel pricing, a relatively muted demand outlook, and ongoing adjustments to long term valuation inputs such as discount rate, revenue growth, profit margin, and future P/E assumptions.
Narrative Update Dec 26

NUE: Future Steel Demand And Tariff Shifts Will Influence Share Performance

Nucor's analyst price target has been modestly raised to approximately $177 from about $174, as analysts factor in slightly stronger long term profit margins and resilient steel demand in the U.S. and Europe despite a challenging macro backdrop. Analyst Commentary Recent Street research on Nucor has been broadly constructive, with several bullish analysts lifting their price targets in response to updated models and a reassessment of the profit outlook.
Narrative Update Dec 11

NUE: Future Steel Demand And Tariff Policy Will Shape Share Performance

The analyst price target for Nucor has been raised by $4.00 to $173.69, as analysts factor in modestly stronger long term revenue growth, slightly higher margins, and a firmer valuation backdrop supported by recent upward target revisions across the Street, despite a still challenging macro environment. Analyst Commentary Bullish analysts have steadily lifted their price targets on Nucor, citing a more constructive long term outlook for steel pricing and demand, as well as the companys demonstrated ability to execute through cycles.
Narrative Update Nov 27

NUE: Future Demand Recovery And Tariff Risks Will Define Share Performance

Nucor's analyst price target has increased from $167.42 to $169.69, as analysts cite updated pricing models and expectations for improving demand in key markets, despite ongoing macroeconomic challenges. Analyst Commentary Recent analyst updates reflect a renewed focus on Nucor’s growth prospects in light of an evolving macroeconomic landscape.
Narrative Update Nov 13

NUE: Shares Will Benefit From Continued Share Repurchases And Tariff Trends

Nucor's analyst price target increased modestly from $166.08 to $167.42 per share, as analysts adjusted their estimates following recent company commentary and updated forecasts. Analyst Commentary Analysts have recently updated their perspectives on Nucor following the company's financial disclosures and updated forecasts.
Narrative Update Oct 29

Tariff Developments And Domestic Demand Shifts Will Define Steel Sector Performance

Nucor's analyst price target has been raised from $159.75 to $166.08, as analysts incorporate recent earnings updates and moderate growth forecasts into their valuations. Analyst Commentary Recent Street research has provided notable insights into Nucor's investment outlook, reflecting both optimistic and cautious stances from different analysts.
Analysis Article Sep 07

Does Nucor (NYSE:NUE) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Sep 06

Capital Reinvestment And New Facilities Will Transform Steel Operations

Driven by expectations of sustained tariff support, a higher price floor for U.S. steel, and sector preference for domestic producers under protectionist policies, analysts have raised Nucor’s consensus price target modestly from $154.99 to $159.75. Analyst Commentary Bullish analysts cite a valuation premium for U.S. steel mills, driven by protectionist policies and national security backing from the Trump administration, supporting higher through-cycle pricing.
Analysis Article Aug 01

Nucor Corporation (NYSE:NUE) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

As you might know, Nucor Corporation ( NYSE:NUE ) recently reported its second-quarter numbers. Revenues of US$8.5b...
Analysis Article May 31

We Think Nucor (NYSE:NUE) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Apr 29

Nucor: Mixed Q1 But Encouraging Guidance For Growth In Q2

Summary Nucor's stock has underperformed, but I still rate it a "buy" due to its strong balance sheet and strategic shift towards value-added products. Despite lower steel prices, Nucor's Q1 earnings exceeded updated guidance, and management expects sequential improvement in earnings. Nucor's diversification into steel products has helped mitigate cyclicality, and its ongoing expansion projects are set to boost future profitability. Economic uncertainty and tariff impacts pose risks, but Nucor's solid financials and strategic investments make it an attractive long-term investment. Read the full article on Seeking Alpha
Seeking Alpha Feb 13

Nucor: Time To Build A Position For The Next Cycle In The Megatrend (Rating Upgrade)

Summary I am upgrading NUE shares to a BUY rating with a price target of $152/share, driven by supportive tariffs and strong market outlooks across key industries. Nucor may not be significantly impacted by tariffs as most of its steel exports are high-value-added products as opposed to commoditized steel. Nucor's long-term growth may be supported by multiple megatrends, including nearshoring, data center construction, and power transmission. Risks include potential inventory digestion following the stronger-than-expected shipments in Q4 '24 in anticipation of tariffs. Read the full article on Seeking Alpha
Seeking Alpha Jan 31

Nucor: Shares Appear Attractive With Demand Green Shoots And Potential Tariffs

Summary Nucor's shares have underperformed due to declining steel prices, but recent Q4 results provided a 4% boost, making it a good time to revisit the stock. Despite a challenging year with lower pricing and volumes, Nucor maintained strong cash generation and balance sheet strength, supporting continued capital deployment and dividends. Potential trade policies under the new Trump Administration could benefit Nucor, with medium-term EPS projected at $12.75-$13.25, making shares attractive at less than 10x earnings. Risks include the failure to enact protectionist trade policies or a recession, but with 23% upside potential, Nucor remains a buy. Read the full article on Seeking Alpha
Seeking Alpha Jan 13

Nucor: An Oldie And Still Somewhat Goldie

Summary Nucor Corporation is a major steel manufacturer, but current market conditions and steel prices suggest holding off on buying shares for now. NUE faces headwinds from weak demand in the construction, manufacturing, and automotive sectors, compounded by political uncertainty and high import volumes. Despite strong cash flows and shareholder-friendly capital allocations, NUE's current valuation and market climate do not justify a buy rating. Rate cuts have not yet positively impacted NUE, and further guidance cuts could harm investor confidence; thus, I rate NUE a hold. Read the full article on Seeking Alpha

Shareholder Returns

NUEUS Metals and MiningUS Market
7D0.6%6.0%2.1%
1Y96.3%93.9%30.6%

Return vs Industry: NUE exceeded the US Metals and Mining industry which returned 93.9% over the past year.

Return vs Market: NUE exceeded the US Market which returned 30.6% over the past year.

Price Volatility

Is NUE's price volatile compared to industry and market?
NUE volatility
NUE Average Weekly Movement4.1%
Metals and Mining Industry Average Movement10.2%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: NUE has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NUE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190533,000Leon Topalianwww.nucor.com

Nucor Corporation engages in the manufacture and sale of steel and steel products. The company operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products.

Nucor Corporation Fundamentals Summary

How do Nucor's earnings and revenue compare to its market cap?
NUE fundamental statistics
Market capUS$53.34b
Earnings (TTM)US$2.32b
Revenue (TTM)US$34.16b
22.2x
P/E Ratio
1.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NUE income statement (TTM)
RevenueUS$34.16b
Cost of RevenueUS$29.36b
Gross ProfitUS$4.80b
Other ExpensesUS$2.48b
EarningsUS$2.32b

Last Reported Earnings

Apr 04, 2026

Next Earnings Date

n/a

Earnings per share (EPS)10.20
Gross Margin14.06%
Net Profit Margin6.80%
Debt/Equity Ratio31.6%

How did NUE perform over the long term?

See historical performance and comparison

Dividends

1.0%
Current Dividend Yield
22%
Payout Ratio

Does NUE pay a reliable dividends?

See NUE dividend history and benchmarks
When do you need to buy NUE by to receive an upcoming dividend?
Nucor dividend dates
Ex Dividend DateMar 31 2026
Dividend Pay DateMay 11 2026
Days until Ex dividend41 days
Days until Dividend pay date0 days

Does NUE pay a reliable dividends?

See NUE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 20:42
End of Day Share Price 2026/05/07 00:00
Earnings2026/04/04
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nucor Corporation is covered by 35 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ColemanArgus Research Company
David GaglianoBarclays
Ignace ProotBernstein