Nucor (NYSE:NUE) Price Target Raised to $256.00

Posted by Brenda Bartman on Jul 31st, 2026

Nucor (NYSE:NUE – Free Report) had its price objective upped by UBS Group from $224.00 to $256.00 in a research note issued to investors on Tuesday,Benzinga reports. UBS Group currently has a neutral rating on the basic materials company’s stock.

Several other research analysts have also issued reports on NUE. Zacks Research lowered shares of Nucor from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. BMO Capital Markets lifted their price target on shares of Nucor from $250.00 to $285.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Bank of America dropped their price objective on shares of Nucor from $290.00 to $280.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Weiss Ratings raised shares of Nucor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Finally, KeyCorp upgraded Nucor from a “sector weight” rating to an “overweight” rating and set a $274.00 target price for the company in a research note on Wednesday, June 24th. Twelve investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $273.31.

Check Out Our Latest Analysis on NUE

Nucor Price Performance

Shares of NUE opened at $257.15 on Tuesday. The firm has a market cap of $58.56 billion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 0.58 and a beta of 1.91. Nucor has a 52-week low of $131.32 and a 52-week high of $270.90. The business’s 50 day moving average price is $242.43 and its two-hundred day moving average price is $206.97. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.55 and a current ratio of 2.51.

Nucor (NYSE:NUE – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The basic materials company reported $4.84 EPS for the quarter, topping the consensus estimate of $4.46 by $0.38. The company had revenue of $10.40 billion during the quarter, compared to the consensus estimate of $10.15 billion. Nucor had a net margin of 7.99% and a return on equity of 12.73%. The company’s quarterly revenue was up 23.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.60 EPS. On average, equities analysts anticipate that Nucor will post 17.65 EPS for the current year.

Nucor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, June 30th. Nucor’s payout ratio is 17.86%.

Insider Activity

In other Nucor news, EVP Allen C. Behr sold 10,096 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $226.08, for a total transaction of $2,282,503.68. Following the transaction, the executive vice president owned 62,871 shares in the company, valued at approximately $14,213,875.68. This represents a 13.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Randy J. Spicer sold 2,500 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $225.00, for a total transaction of $562,500.00. Following the completion of the transaction, the executive vice president directly owned 20,510 shares in the company, valued at $4,614,750. This trade represents a 10.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 29,950 shares of company stock valued at $7,122,879. 0.62% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Nucor

Large investors have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in Nucor during the 4th quarter worth approximately $609,002,000. AQR Capital Management LLC lifted its holdings in shares of Nucor by 580.9% in the second quarter. AQR Capital Management LLC now owns 653,845 shares of the basic materials company’s stock valued at $84,699,000 after purchasing an additional 557,819 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its position in shares of Nucor by 169.0% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 779,940 shares of the basic materials company’s stock valued at $127,216,000 after buying an additional 489,950 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Nucor by 27.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,780,423 shares of the basic materials company’s stock valued at $290,405,000 after buying an additional 383,952 shares during the last quarter. Finally, M&T Bank Corp boosted its position in shares of Nucor by 494.5% during the fourth quarter. M&T Bank Corp now owns 434,511 shares of the basic materials company’s stock valued at $70,873,000 after buying an additional 361,417 shares during the last quarter. Institutional investors own 76.48% of the company’s stock.

More Nucor News

Here are the key news stories impacting Nucor this week:

Positive Sentiment: Earnings beat expectations: Nucor reported quarterly EPS of $4.84, above the $4.46 consensus estimate, while revenue of $10.40 billion also exceeded forecasts and rose 23% year over year. The results prompted a sharp stock-market rally. Nucor Trading 7.2% Higher Following Earnings Beat
Positive Sentiment: Strong operating momentum: Management highlighted record steel mill shipments, resilient demand and major growth projects, supporting a more optimistic second-half 2026 outlook. NUE Q2 Earnings Call Highlights Growth Projects And Demand
Positive Sentiment: Analyst expectations remain supportive: UBS Group reportedly expects Nucor’s stock to rise, while Zacks’ momentum framework identifies NUE as a strong momentum stock. The shares are trading well above their 50-day and 200-day moving averages. Nucor Stock Price Expected to Rise, UBS Group Analyst Says Here’s Why Nucor Is a Strong Momentum Stock
Neutral Sentiment: Estimates edged higher: Zacks Research raised its Q2 EPS estimate to $4.78 and its FY2026 forecast to $18.32, but maintained a “Hold” rating, indicating that valuation or cyclical concerns remain. Nucor Analyst Estimate Changes
Neutral Sentiment: Analyst views are mixed: Recent commentary is broadly constructive on shipments and demand, but some analysts remain cautious. The company’s performance has also been linked to tariff protection, leaving future results sensitive to trade policy and steel-market conditions. Analysts’ Opinions Are Mixed on Nucor

Nucor Company Profile

(Get Free Report)

Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.

Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.