Nucor (NUE) Stock: Buy, Sell, or Hold?
NUE - Nucor Corporation
$240.48
4.50 (1.90%)
▲
5d:
-2.74%
30d:
-8.9%
90d:
+7.39%
HOLD
LOW Confidence
Analysis Updated: Oct 2, 2026 12:00 AM ET
Earnings: Oct 26, 2026
23d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: NUE shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: NUE shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$353.54
Based on 5.1% avg growth
INTRINSIC VALUE TODAY
$219.52
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 13.9x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NUE is currently trading at $240.47, which is considered oversold relative to its 30-day fair value range of $244.90 to $259.43. From a valuation perspective, the stock is trading at a discount (Forward PE: 11.9) compared to its historical average (13.9). Remarkably, the market is currently pricing in an annual earnings decline of 5.1% over the next few years. This pessimistic expectation contrasts with the company's recent 93.8% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, NUE is in a uptrend. Immediate support is located at $229.20, while resistance sits at $250.69.
Market Sentiment: NUE scores 81/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $283.31 (+20.1%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, NUE is in a uptrend. Immediate support is located at $229.20, while resistance sits at $250.69.
Market Sentiment: NUE scores 81/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $283.31 (+20.1%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$244.90 -
$259.43
Company Quality Score
66/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
90.5%
Protect Your Profits
Holding NUE? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Strong technical setup (81/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 20.1% below Wall St target ($283.31)
- CAUTION: Bottoming setup, but lagging the sector by 23% over 20 days — wait for relative strength
Trading Range Analysis
30-Day Trading Range
$244.90 -
$259.43
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$229.20
Resistance Level
$250.69
Current Trend
Uptrend
Technical data as of
Oct 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
11.87
Wall Street Target
$283.31
(+20.1%)
Revenue Growth (YoY)
23.0%
Earnings Growth (YoY)
93.8%
Profit Margin
8.0%
Valuation Discount vs History
-5.1% cheaper
PE vs Historical
11.9 vs 13.9
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-5.1%
(market-implied from PE analysis)
1-Year Target
$223.95
(-5%)
2-Year Target
$212.52
(-10%)
3-Year Target
$201.69
(-15%)
3-Yr Target (if PE normalizes)
(PE: 12→14)
$236.22
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.4, Growth: 6.1%)
$484.20
(+105%)
Base:
(SPY PE: 11.9, Growth: 6.1%)
$281.69
(+19%)
Bear:
(PE: 10.1, Growth: 6.1%)
$239.44
(+2%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (19x PE), but valuation improves significantly next year (12x PE) as earnings recover.
Trailing PE: 18.87 | Current EPS (TTM): $12.39
Bull Case
$412.64
(+75%)
Analyst growth 60.5%, PE expands to 20.8
Base Case
$375.13
(+59%)
Market implied 60.5%, PE stable at 18.9
Bear Case
$158.95
(-33%)
Severe decline -20.0%, PE contracts to 16.0
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 11.9 to 13.9
Stabilization Target:
$276.39
(+17.1%)
PE Expansion Potential:
+17.1%
Share & Embed Analysis
Last updated: October 02, 2026 2:36 PM ET
Data refreshes hourly during market hours. Next update: 3:36 PM
Data refreshes hourly during market hours. Next update: 3:36 PM
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Technical Signals Check
Is NUE showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
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Professional options setups generated by AI based on today's NUE price and gamma walls.
