DailyIQ
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Sector:Basic MaterialsAll sectors
Last updated 4 minutes ago

NUE·Nucor Corporation

$.
+. (+.%)
After Hours
High
$228.04
Open
$222.88
Market Cap
51.78B
52W High
$270.90
Low
$222.88
P. Close
$227.34
P/E
22.21
52W Low
$131.32
Fwd P/E
13.17
DailyIQ Est.
$272.19
Technical Score (1D)
59
BUY
News Sentiment
68
BULLISH
B of A Securities cut NUE’s price target to $280 from $290, citing a more conservative earnings outlook that tightens expectations on revenue growth. The downgrade signals that analysts are tightening their view on the company’s near‑term profitability, which could temper bullish sentiment in the next trading week. BofA Securities mirrored the move, lowering its target to $280 while maintaining a buy rating, underscoring a consensus that valuation compression is warranted amid market volatility. Slate Path Capital’s 23% stake increase in NUE signals institutional confidence in the firm’s Q2 outlook, suggesting that the company’s projected demand growth and margin expansion remain attractive. The addition of NUE as a shipper member of RailPulse indicates a strategic push to improve rail supply‑chain visibility, which could reduce transit times and lower logistics costs for the company. NUE’s strong balance sheet and 53‑year dividend growth streak reinforce its capacity to sustain buybacks and dividends, providing a steady income stream that may appeal to income‑focused investors. The recent 23% three‑month share rally, driven by higher steel prices and expansion projects, highlights the company’s ability to translate commodity gains into earnings, but also raises questions about valuation sustainability. As NUE heads into its Q2 earnings release, traders should watch for any revisions to revenue and operating‑income guidance that could confirm or revise the optimistic outlook. Additionally, monitoring regional steel demand data and any updates on the new mill projects will be key to assessing whether the company can maintain its projected earnings trajectory.
Earnings Summary
Nucor Corporation (NUE) is a leading U.S. steel producer that operates through steel mills, steel products, and raw materials segments, delivering a broad range of structural and downstream steel goods to North American customers. In the basic materials sector, NUE benefits from cyclical demand linked to construction and infrastructure activity. Over the most recent four quarters, NUE’s revenue rose from $7.83 billion in Q1 2025 to $8.52 billion in Q3 2025, before falling to $7.69 billion in Q4 2025, reflecting a modest 8.3% year-over-year increase from Q4 2024. EPS, however, climbed from $0.67 in Q1 2025 to $2.63 in Q3 2025, then dipped to $1.73 in Q4 2025, yet still surpassed analyst expectations in three of the last four quarters (Q4 2024, Q1 2025, Q3 2025, Q1 2026) and missed only in Q2 2025 and Q4 2025. Historically, NUE has posted accelerating earnings growth, with a 41% EPS rise from Q4 2024 to Q4 2025 and a 480% jump from Q1 2025 to Q1 2026, while revenue growth has remained positive year-over-year, underscoring a resilient demand base and effective cost management. Recent news highlights a BofA Securities price-target cut to $280 amid a more conservative earnings outlook, yet institutional confidence remains strong with Slate Path Capital increasing its stake by 23% and NUE joining RailPulse to enhance rail logistics visibility. The company’s 53-year dividend growth streak and robust balance sheet continue to support shareholder returns, though no new dividend hike has been announced. Investors should watch for the upcoming Q2 2026 earnings release to confirm revenue and operating-income guidance, monitor steel price movements and construction-sector indicators that drive demand, and keep an eye on any updates to NUE’s new mill projects or cost-control initiatives that could influence margin expansion.

EPS

EstBeatMiss
$0.02$1.30$2.58$3.86$5.14Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$4.55 - -
Q1'26$2.82$3.23+14.7%
Q4'25$2.90$1.73-40.4%
Q3'25$2.16$2.63+22.0%
Q2'25$2.61$2.60-0.6%
Q1'25$0.61$0.67+9.8%

Revenue

EstBeatMiss
$7.3B$8.1B$8.9B$9.7B$10.5BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$10.1B - -
Q1'26$8.9B$9.5B+7.1%
Q4'25$8.9B$7.7B-13.7%
Q3'25 - $8.5B -
Q2'25 - $8.5B -
Q1'25 - $7.8B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

NUE Stock Snapshot

NUE is currently trading at $227.90, giving Nucor Corporation a market cap of 51.78B and a P/E ratio of 22.2. Today's range spans $222.88–$228.04, with shares opening at $222.88 and moving up $0.56 (0.2%) from the prior close. DailyIQ's technical score sits at 59/100 (HOLD) with a news sentiment reading of 68/100.

Over the past year NUE has traded between $131.32 and $270.90 - the current price is +73.5% off the 52-week low and -15.9% from the high. 25 analysts cover the stock with a Buy consensus and a mean 12-month target of $261.20 (range $138.17–$285.00), implying upside of +14.6%.

Neither bulls nor bears have the upper hand on Nucor Corporation (NUE) right now. Score: 59/100 (HOLD). Sentiment: bullish (68/100). Price: $227.90 (in the upper portion of its 52-week range). (P/E: 22.2) At 51.78B in Basic Materials market cap, the 52-week range of $131.32–$270.90 is the relevant frame - where the stock sits within that range, and whether volume confirms any directional move, matters more than the HOLD label alone.

The 52-week range of $131.32–$270.90 for NUE provides the structural reference that options traders, systematic funds, and discretionary managers all anchor to — and at $227.90 (in the upper portion of its 52-week range), the stock sits in a zone where the next 5–10% move will likely define which crowd was right. A HOLD signal at 59/100 and bullish news backdrop (68/100) don't break the tie yet, but they narrow the probability distribution toward the upside.