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NYSE: NUE
Nucor Corp Stock Forecast, Predictions & Price Target

Analyst price target for NUE

Based on 7 analysts offering 12 month price targets for Nucor Corp.
Min Forecast
$114.00-26.2%
Avg Forecast
$149.14-3.45%
Max Forecast
$172.00+11.35%

Should I buy or sell NUE stock?

Based on 7 analysts offering ratings for Nucor Corp.
Buy
Strong Buy
1 analysts 14.29%
Buy
1 analysts 14.29%
Hold
5 analysts 71.43%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NUE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 3%
98
HoldMaintains$131.00-15.19%2023-03-20
Credit Suisse
Top 5%
96
BuyMaintains$156.00+0.99%2023-03-17
Goldman Sachs
Bottom 10%
10
HoldMaintains$161.00+4.23%2023-03-13
BMO Capital
Bottom 16%
16
HoldMaintains$165.00+6.82%2023-01-27
Bank of America
Bottom 23%
23
Strong BuyReinstates$172.00+11.35%2023-01-04
HoldMaintains$145.00-6.13%2022-12-06
Goldman Sachs
Top 8%
93
HoldMaintains$114.00-26.20%2022-10-06

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NUE vs Steel Stocks

TickerPricePrice TargetUp/downsideConsensus
NUE$154.47$149.14-3.45%Buy
MT$30.12$38.00+26.16%Strong Buy
PKX$69.69N/AN/A
STLD$113.06$110.00-2.71%Hold
RS$256.74$265.00+3.22%Buy

Nucor Stock Forecast FAQ

Is Nucor Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: NUE) stock is to Buy NUE stock.

Out of 7 analysts, 1 (14.29%) are recommending NUE as a Strong Buy, 1 (14.29%) are recommending NUE as a Buy, 5 (71.43%) are recommending NUE as a Hold, 0 (0%) are recommending NUE as a Sell, and 0 (0%) are recommending NUE as a Strong Sell.

If you're new to stock investing, here's how to buy Nucor stock.

What is NUE's Price Target?

According to 7 Wall Street analysts that have issued a 1 year NUE price target, the average NUE price target is $149.14, with the highest NUE stock price forecast at $172.00 and the lowest NUE stock price forecast at $114.00.

On average, Wall Street analysts predict that Nucor's share price could fall to $149.14 by Mar 20, 2024. The average Nucor stock price prediction forecasts a potential downside of 3.45% from the current NUE share price of $154.47.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.