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↓Deteriorating
- Insider Signal And Low Short Interest→Stable
- Low Peg Growth At Value↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Nucor Corporation (NUE) Stock Analysis
Breakout setup
Basic Materials · Steel
Hold if already holding. Not a fresh buy at $261.01, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0).
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
Hold if already holding. Not a fresh buy at $261.01, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0). Chart setup: Golden cross, above all MAs, RSI 45, MACD bullish. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 52d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-09-04Recent Developments — Nucor Corporation
Latest news
- NEWS NUE Q2 Earnings Call Highlights Growth Projects And Demand - TradingView — TradingView positive
- NEWS NUE Q2 Earnings Call Highlights Growth Projects And Demand - tradingview.com — tradingview.com positive
- NEWS Analysts’ Opinions Are Mixed on These Materials Stocks: Boise Cascade (BCC) and Nucor (NUE) - The Globe and Mail — The Globe and Mail neutral
- NEWS 6 Green Days In A Row: Nucor Stock Is Up 15% - Trefis — Trefis positive
- NEWS 6 Green Days In A Row: Nucor Stock Is Up 15% - trefis.com — trefis.com positive
Generated 2026-09-04T13:32:51Z.
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.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 ceiling hit
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $261.01, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0). Chart setup: Golden cross, above all MAs, RSI 45, MACD bullish. Maintain position. Not compelling to add more. Target $272.05 (+4.2%), stop $244.10 (−6.9%), A.R:R -0.3:1. Score 6.4/10, moderate confidence.
Take-profit target: $272.05 (-3.0% upside). Target $272.05 (+4.2%), stop $244.10 (−6.9%), A.R:R -0.3:1. Stop-loss: $244.10.
Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0); Sector modifier (Basic Materials): -0.1.
Nucor Corporation trades at a P/E of 21.0 (forward 13.8). TrendMatrix value score: 7.2/10. Verdict: Hold.
24 analysts cover NUE with a consensus score of 4.0/5. Average price target: $283.
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.