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

The latest price target for Nucor (NYSE: NUE) was reported by BMO Capital on April 24, 2024. The analyst firm set a price target for $200.00 expecting NUE to rise to within 12 months (a possible 18.66% upside). 17 analyst firms have reported ratings in the last year.

The latest analyst rating for Nucor (NYSE: NUE) was provided by BMO Capital, and Nucor maintained their market perform rating.

The last upgrade for Nucor Corp happened on March 13, 2024 when Citigroup raised their price target to $240. Citigroup previously had a neutral for Nucor Corp.

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.

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 April 24, 2024 so you should expect the next rating to be made available sometime around April 24, 2025.

While ratings are subjective and will change, the latest Nucor (NUE) rating was a maintained with a price target of $210.00 to $200.00. The current price Nucor (NUE) is trading at is $168.55, which is out of the analyst’s predicted range.