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Nucor

NUENYSE
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$151.92
1.931.29%
At close: -
$151.92
00.00%
After Hours: Nov 22, 4:41 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$240.00
Lowest Price Target1
$114.00
Consensus Price Target1
$174.53

Nucor (NYSE:NUE) Stock, Analyst Ratings, Price Targets, Forecasts

Nucor Corp has a consensus price target of $174.53 based on the ratings of 16 analysts. The high is $240 issued by Citigroup on March 13, 2024. The low is $114 issued by Goldman Sachs on October 6, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Morgan Stanley, and JP Morgan on October 23, 2024, October 23, 2024, and October 9, 2024, respectively. With an average price target of $168 between JP Morgan, Morgan Stanley, and JP Morgan, there's an implied 10.58% upside for Nucor Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
2
Jun
1
Jul
1
Aug
2
1
Sep
3
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Morgan Stanley
BMO Capital
B of A Securities
Jefferies

1calculated from analyst ratings

Analyst Ratings for Nucor

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Nucor (NUE) stock?

A

The latest price target for Nucor (NYSE:NUE) was reported by JP Morgan on October 23, 2024. The analyst firm set a price target for $168.00 expecting NUE to rise to within 12 months (a possible 10.58% upside). 19 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Nucor (NUE)?

A

The latest analyst rating for Nucor (NYSE:NUE) was provided by JP Morgan, and Nucor maintained their overweight rating.

Q

When was the last upgrade for Nucor (NUE)?

A

The last upgrade for Nucor Corp happened on September 9, 2024 when JP Morgan raised their price target to $174. JP Morgan previously had a neutral for Nucor Corp.

Q

When was the last downgrade for Nucor (NUE)?

A

The last downgrade for Nucor Corp happened on January 11, 2022 when Wolfe Research changed their price target from N/A to $102 for Nucor Corp.

Q

When is the next analyst rating going to be posted or updated for Nucor (NUE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nucor, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nucor was filed on October 23, 2024 so you should expect the next rating to be made available sometime around October 23, 2025.

Q

Is the Analyst Rating Nucor (NUE) correct?

A

While ratings are subjective and will change, the latest Nucor (NUE) rating was a maintained with a price target of $170.00 to $168.00. The current price Nucor (NUE) is trading at is $151.92, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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