Nucor (NUE) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $5.80
- Estimate
- $5.83
- Surprise
- -0.5%
- Score at report (before → after)
- 6.5 → 6.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Nucor (NUE) missed the $5.83 estimate with adjusted EPS of $5.80 — effectively in line (0.5%). TrendMatrix's engine moved from Buy (Wait) (6.5/10) to Sell at 6.4/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates NUE Sell at 6.2/10.
2 of the last 4 quarters beat the estimate; this quarter's -0.5% surprise compares with a +4.2% four-quarter average.
What supports the rating
- Attractive valuation
- Strong growth profile
What argues against it
- Analyst target reached - limited upside remaining
- Near 52-week high (3.8% away)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $269.58
- Stop
- $253.40
The stock trades at 21.0× trailing but 12.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 77 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-27 — shown for context, not personalized investment advice.
NUE at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Steel
- Market cap
- $58.39B
- P/E (fwd)
- 12.3
- P/E (ttm)
- 21.0
- 52-week range
- $139.21–$280.11
- Off 52-week high
- 3.8%
- RSI (14)
- 77
- Volume vs avg
- 0.20×
- Score today
- 6.2/10