Nucor Corp has a consensus price target of $155.83, established from looking at the 51 latest analyst ratings. The last 3 analyst ratings were released from BMO Capital, JP Morgan, and JP Morgan on April 24, 2024, April 24, 2024, and April 16, 2024. With an average price target of $195 between BMO Capital, JP Morgan, and JP Morgan, there's an implied 13.88% upside for Nucor Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/24/2024 | NUE | Buy Now | Nucor | $171.24 | 16.8% | BMO Capital | Katja Jancic | $210 → $200 | Maintains | Market Perform | Get Alert |
04/24/2024 | NUE | Buy Now | Nucor | $171.24 | 10.96% | JP Morgan | Bill Peterson | $195 → $190 | Maintains | Neutral | Get Alert |
04/16/2024 | NUE | Buy Now | Nucor | $171.24 | 13.88% | JP Morgan | Bill Peterson | $180 → $195 | Maintains | Neutral | Get Alert |
03/13/2024 | NUE | Buy Now | Nucor | $171.24 | 40.15% | Citigroup | Alexander Hacking | $180 → $240 | Upgrade | Neutral → Buy | Get Alert |
01/16/2024 | NUE | Buy Now | Nucor | $171.24 | 22.63% | UBS | Curt Woodworth | → $210 | Initiates | → Buy | Get Alert |
12/12/2023 | NUE | Buy Now | Nucor | $171.24 | -7.73% | JP Morgan | Bill Peterson | $151 → $158 | Maintains | Neutral | Get Alert |
10/31/2023 | NUE | Buy Now | Nucor | $171.24 | -10.07% | Morgan Stanley | Carlos De Alba | $162 → $154 | Maintains | Equal-Weight | Get Alert |
10/16/2023 | NUE | Buy Now | Nucor | $171.24 | -11.82% | JP Morgan | Michael Glick | → $151 | Upgrade | Underweight → Neutral | Get Alert |
09/08/2023 | NUE | Buy Now | Nucor | $171.24 | -11.82% | JP Morgan | Michael Glick | $150 → $151 | Maintains | Underweight | Get Alert |
07/27/2023 | NUE | Buy Now | Nucor | $171.24 | 5.12% | Citigroup | Alexander Hacking | $160 → $180 | Maintains | Neutral | Get Alert |
07/26/2023 | NUE | Buy Now | Nucor | $171.24 | -5.4% | Morgan Stanley | Carlos De Alba | $148 → $162 | Maintains | Equal-Weight | Get Alert |
07/11/2023 | NUE | Buy Now | Nucor | $171.24 | -2.48% | Credit Suisse | Curt Woodworth | $156 → $167 | Maintains | Outperform | Get Alert |
07/05/2023 | NUE | Buy Now | Nucor | $171.24 | 11.54% | Exane BNP Paribas | Seth Rosenfeld | → $191 | Upgrade | Neutral → Outperform | Get Alert |
06/21/2023 | NUE | Buy Now | Nucor | $171.24 | -13.57% | Morgan Stanley | Carlos De Alba | → $148 | Reiterates | → Equal-Weight | Get Alert |
06/01/2023 | NUE | Buy Now | Nucor | $171.24 | — | Wolfe Research | Timna Tanners | — | Upgrade | Underperform → Peer Perform | Get Alert |
05/23/2023 | NUE | Buy Now | Nucor | $171.24 | -24.08% | JP Morgan | Michael Glick | → $130 | Initiates | → Underweight | Get Alert |
05/22/2023 | NUE | Buy Now | Nucor | $171.24 | -13.57% | Morgan Stanley | Carlos De Alba | $133 → $148 | Maintains | Equal-Weight | Get Alert |
04/24/2023 | NUE | Buy Now | Nucor | $171.24 | -22.33% | Morgan Stanley | Carlos De Alba | $131 → $133 | Maintains | Equal-Weight | Get Alert |
03/20/2023 | NUE | Buy Now | Nucor | $171.24 | -23.5% | Morgan Stanley | Carlos De Alba | $122 → $131 | Maintains | Equal-Weight | Get Alert |
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 16.80% 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 $171.24, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.