Nucor Corporation (NUE) Stock Analysis
Range Bound setup
Basic Materials · Steel
Sell if holding. Analyst target reached at $221.73 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.6).
The Company also produces and procures ferrous and non-ferrous materials primarily for use in its steel manufacturing business. Most of the Company's operating facilities and customers are located in North America. The Company's operations include international trading and sales... Read more
Sell if holding. Analyst target reached at $221.73 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.6). Chart setup: RSI 49 mid-range, Bollinger mid-band. Score 5.8/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 69d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent Developments — Nucor Corporation
Latest news
- Berkshire Hathaway Decreases Stake In Bank of America To 513,624,165 Shares; Constellation Brands To 632,890 Shares; DaV — benzinga May 15, 2026 neutral
- $100 Invested In Nucor 10 Years Ago Would Be Worth This Much Today — benzinga Apr 29, 2026 positive
- JP Morgan Maintains Overweight on Nucor, Raises Price Target to $240 — benzinga Apr 29, 2026 positive
- Citigroup Maintains Buy on Nucor, Raises Price Target to $260 — benzinga Apr 29, 2026 positive
- Wells Fargo Maintains Overweight on Nucor, Raises Price Target to $244 — benzinga Apr 29, 2026 positive
Generated 2026-05-20T21:06:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-03-03Item 5.02MEDIUM(b) On February 27, 2026, Daniel R. Needham, Executive Vice President of Commercial at Nucor Corporation (the Company), notified the Company's Board of Directors that he will be retiring from the Company effective June 20, 2026. Mr.SEC filing →
- 2026-02-27Item 5.02MEDIUMOn February 26, 2026, the Company and Mr. Sullivan entered into an Executive Employment Agreement (the "Executive Employment Agreement"), effective March 1, 2026, in connection with Mr. Sullivan's promotion to Chief Financial Officer, Treasurer and Executive Vice President of the Company.SEC filing →
- 2026-02-20Item 5.02MEDIUM(c) On February 19, 2026, the Board of Directors of Nucor Corporation (the "Company") elected John L.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 floor-breaker
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $221.73 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.6). Chart setup: RSI 49 mid-range, Bollinger mid-band. Prior stop was $210.63. Score 5.8/10, moderate confidence.
Take-profit target: $230.74 (+4.1% upside). Prior stop was $210.63. Stop-loss: $210.63.
Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.6); Sector modifier (Basic Materials): -0.1.
Nucor Corporation trades at a P/E of 22.5 (forward 14.3). TrendMatrix value score: 7.1/10. Verdict: Sell.
22 analysts cover NUE with a consensus score of 3.8/5. Average price target: $241.
What does Nucor Corporation do?The Company also produces and procures ferrous and non-ferrous materials primarily for use in its steel manufacturing...
The Company also produces and procures ferrous and non-ferrous materials primarily for use in its steel manufacturing business. Most of the Company's operating facilities and customers are located in North America. The Company's operations include international trading and sales companies that buy and sell steel and steel products manufactured by the Company and others.