Nucor is a high-growth steel producer trading at a forward P/E of 15.7x with a PEG of 0.04, supported by 21% YoY revenue growth and a strong Piotroski F-Score of 8/9, but momentum is marginally below threshold and the stock sits near analyst targets, limiting near-term upside.
Thesis pillars
- Earnings Beat Consistency→Stable
- Insider Signal And Low Short Interest→Stable
- Low Peg Growth At Value→Stable
- +1 more pillar — see the Why tab for full reasoning
Nucor Corporation (NUE) Stock Analysis
Basic Materials · Steel
Wait for pullback to $212.07. At $220.75 the A.R:R is 0.8:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $212.07 (1 ATR pullback) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 6.3%; Negative momentum.
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
Wait for pullback to $212.07. At $220.75 the A.R:R is 0.8:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $212.07 (1 ATR pullback) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 6.3%; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Mixed signals. Hold existing position. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.0/10, moderate confidence.
Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity 23d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-07-06Recent Developments — Nucor Corporation
Material events (past 30 days)
- 8K Jun 22, 2026 MEDIUM Item 5.02: (e) On June 16, 2026, the Company and Mr. Needham entered into a Retirement, Separation, Waiver and Release Agreement (the "Retirement Agreement") in connection with Mr. Needham's retirement from employment with the Company, effective June 20, 2026.
Latest news
- NEWS Nucor upgraded at KeyBanc on steel pricing outlook (NYSE:NUE) - Seeking Alpha — Seeking Alpha positive
- NEWS Is Nucor Stock Fairly Undervalued After a 319% EPS Jump in Q1 2026? - TIKR.com — TIKR.com positive
- NEWS Here's What Makes Nucor Stock a Solid Investment Option Now - TradingView — TradingView positive
- NEWS Here's What Makes Nucor Stock a Solid Investment Option Now - Yahoo Finance — Yahoo Finance positive
- NEWS Nucor | NUE Stock Price, Company Overview & News - Forbes — Forbes neutral
Generated 2026-07-06T03:20:32Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-06-22Item 5.02MEDIUM(e) On June 16, 2026, the Company and Mr. Needham entered into a Retirement, Separation, Waiver and Release Agreement (the "Retirement Agreement") in connection with Mr. Needham's retirement from employment with the Company, effective June 20, 2026.SEC filing →
- 2026-06-02Item 5.02MEDIUM(e) On May 28, 2026, the Company and Mr. Sumoski entered into a Retirement, Separation, Waiver and Release Agreement (the "Retirement Agreement") in connection with Mr. Sumoski's retirement from employment with the Company, effective June 13, 2026.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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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
Wait for pullback to $212.07. At $220.75 the A.R:R is 0.8:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $212.07 (1 ATR pullback) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 6.3%; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Mixed signals. Hold existing position. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $234.68 (+6.3%), stop $197.23 (−11.9%), A.R:R 0.8:1. Score 6.0/10, moderate confidence.
Take-profit target: $234.68 (+10.7% upside). Target $234.68 (+6.3%), stop $197.23 (−11.9%), A.R:R 0.8:1. Stop-loss: $197.23.
Thin upside margin: 6.3%; Negative momentum; Value-trap signals (2/5): Material insider selling (19 sells, 0.07% of cap), Negative free cash flow.
Nucor Corporation trades at a P/E of 21.9 (forward 12.9). TrendMatrix value score: 7.6/10. Verdict: Buy (Wait for Entry).
24 analysts cover NUE with a consensus score of 3.8/5. Average price target: $261.
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.