$192.95
0.17[0.09%]
At close: Apr 17
$192.95
0[0.00%]
After Hours: 7:27PM EDT
Nucor Stock (NYSE:NUE), Analyst Ratings, Price Targets, Predictions
Nucor Corp has a consensus price target of $149.44, established from looking at the 50 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Citigroup, and UBS on April 16, 2024, March 13, 2024, and January 16, 2024. With an average price target of $215 between JP Morgan, Citigroup, and UBS, there's an implied 11.43% upside for Nucor Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
Citigroup
UBS
Morgan Stanley
JP Morgan
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Nucor
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/16/2024 | NUE | Buy Now | Nucor | $192.95 | 1.06% | JP Morgan | Bill Peterson | $180 → $195 | Maintains | Neutral | Get Alert |
| 03/13/2024 | NUE | Buy Now | Nucor | $192.95 | 24.38% | Citigroup | Alexander Hacking | $180 → $240 | Upgrade | Neutral → Buy | Get Alert |
| 01/16/2024 | NUE | Buy Now | Nucor | $192.95 | 8.84% | UBS | Curt Woodworth | → $210 | Initiates | → Buy | Get Alert |
| 12/12/2023 | NUE | Buy Now | Nucor | $192.95 | -18.11% | JP Morgan | Bill Peterson | $151 → $158 | Maintains | Neutral | Get Alert |
| 10/31/2023 | NUE | Buy Now | Nucor | $192.95 | -20.19% | Morgan Stanley | Carlos De Alba | $162 → $154 | Maintains | Equal-Weight | Get Alert |
| 10/16/2023 | NUE | Buy Now | Nucor | $192.95 | -21.74% | JP Morgan | Michael Glick | → $151 | Upgrade | Underweight → Neutral | Get Alert |
| 09/08/2023 | NUE | Buy Now | Nucor | $192.95 | -21.74% | JP Morgan | Michael Glick | $150 → $151 | Maintains | Underweight | Get Alert |
| 07/27/2023 | NUE | Buy Now | Nucor | $192.95 | -6.71% | Citigroup | Alexander Hacking | $160 → $180 | Maintains | Neutral | Get Alert |
| 07/26/2023 | NUE | Buy Now | Nucor | $192.95 | -16.04% | Morgan Stanley | Carlos De Alba | $148 → $162 | Maintains | Equal-Weight | Get Alert |
| 07/11/2023 | NUE | Buy Now | Nucor | $192.95 | -13.45% | Credit Suisse | Curt Woodworth | $156 → $167 | Maintains | Outperform | Get Alert |
| 07/05/2023 | NUE | Buy Now | Nucor | $192.95 | -1.01% | Exane BNP Paribas | Seth Rosenfeld | → $191 | Upgrade | Neutral → Outperform | Get Alert |
| 06/21/2023 | NUE | Buy Now | Nucor | $192.95 | -23.3% | Morgan Stanley | Carlos De Alba | → $148 | Reiterates | → Equal-Weight | Get Alert |
| 06/01/2023 | NUE | Buy Now | Nucor | $192.95 | — | Wolfe Research | Timna Tanners | — | Upgrade | Underperform → Peer Perform | Get Alert |
| 05/23/2023 | NUE | Buy Now | Nucor | $192.95 | -32.63% | JP Morgan | Michael Glick | → $130 | Initiates | → Underweight | Get Alert |
| 05/22/2023 | NUE | Buy Now | Nucor | $192.95 | -23.3% | Morgan Stanley | Carlos De Alba | $133 → $148 | Maintains | Equal-Weight | Get Alert |
| 04/24/2023 | NUE | Buy Now | Nucor | $192.95 | -31.07% | Morgan Stanley | Carlos De Alba | $131 → $133 | Maintains | Equal-Weight | Get Alert |
| 03/20/2023 | NUE | Buy Now | Nucor | $192.95 | -32.11% | Morgan Stanley | Carlos De Alba | $122 → $131 | Maintains | Equal-Weight | Get Alert |
| 03/17/2023 | NUE | Buy Now | Nucor | $192.95 | -19.15% | Credit Suisse | Curt Woodworth | $140 → $156 | Maintains | Outperform | Get Alert |
| 03/13/2023 | NUE | Buy Now | Nucor | $192.95 | -16.56% | Goldman Sachs | Kate McShane | $144 → $161 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Nucor (NUE)?
The latest price target for Nucor (NYSE: NUE) was reported by JP Morgan on April 16, 2024. The analyst firm set a price target for $195.00 expecting NUE to rise to within 12 months (a possible 1.06% upside). 16 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Nucor (NUE)?
The latest analyst rating for Nucor (NYSE: NUE) was provided by JP Morgan, and Nucor maintained their neutral rating.
When was the last upgrade for Nucor (NUE)?
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.
When was the last downgrade for Nucor (NUE)?
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.
When is the next analyst rating going to be posted or updated for Nucor (NUE)?
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 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.
Is the Analyst Rating Nucor (NUE) correct?
While ratings are subjective and will change, the latest Nucor (NUE) rating was a maintained with a price target of $180.00 to $195.00. The current price Nucor (NUE) is trading at is $192.95, which is within the analyst’s predicted range.
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