Nucor Corporation (NUE) Stock Price & Analysis
Nucor Corporation (NUE) closed at USD 258.06 on Thursday, October 22, 2026, down 2.45% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 264.54; the Oct 22, 2026 session ranged USD 250.74–262.02 on volume of 1,526,941 shares. Market capitalization is $58.55B, with a 52-week range of USD 135.59–280.11 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:48 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NUE.md
Key facts (NUE)
- Last four reported quarters (through Jul 4, 2026): revenue $36.1B, net income $2.88B (8.0% margin), free cash flow $1.58B (SEC filings).
- Valuation: P/E 20.3x (avg 15.0x at the last 3 fiscal year-ends), net debt $3.83B.
- 3 of 80 tracked superinvestors hold NUE (13F, Q2 2026 (1 investor on Q3 2026, filed early)): 0 new, 0 added, 2 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 14 Form 4 filings, $45.4M; 14 not under a Rule 10b5-1 plan ($45.4M); 8 by opportunistic insiders (8 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.12 on a 1–5 scale) (17 analysts), mean target USD 285 (range 226–310).
- Total return with dividends: 1Y +88.6% vs S&P 500 +14.9%; 5Y +171.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-26, EPS estimate USD 5.83, revenue estimate $10.8B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NUE)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $36.5B | $41.5B | $34.7B | $30.7B | $32.5B | $36.1B |
| Gross profit | $11.0B | $12.5B | $7.82B | $4.10B | $3.88B | — |
| Net income | $6.83B | $7.61B | $4.53B | $2.03B | $1.74B | $2.88B |
| EPS (diluted) | $23.16 | $28.79 | $18.00 | $8.46 | $7.52 | — |
| Free cash flow | $4.61B | $8.12B | $4.90B | $806M | -$188M | $1.58B |
| Gross margin | 30.2% | 30.1% | 22.5% | 13.3% | 11.9% | — |
| Net margin | 18.7% | 18.3% | 13.0% | 6.6% | 5.4% | 8.0% |
| Revenue growth | +81.2% | +13.8% | -16.4% | -11.5% | +5.7% | — |
| Cash + short-term investments | $2.62B | $4.86B | $7.13B | $4.14B | $2.70B | — |
| Total debt | $5.56B | $6.62B | $6.71B | $6.71B | $6.97B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jul 4, 2026) (NUE)
P/E 20.3x · P/S 1.6x · EV/Sales 1.7x · P/FCF 37.0x · P/B 2.6x · FCF yield 2.70% · Earnings yield 4.93% · Dividend yield (paid, TTM) 0.87% · Buyback yield (TTM) 1.15% · Net debt $3.83B · EV $62.4B
P/E at fiscal year-ends: Dec 2025 21.6x, Dec 2024 13.7x, Dec 2023 9.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (NUE)
3 of 80 tracked investors hold NUE (1 investor on Q3 2026, filed early). Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change | Quarter |
|---|---|---|---|---|---|
| Warren Buffett | Berkshire Hathaway | 0.14% | $414M | Reduced -52.5% | Q2 2026 |
| David Katz | Matrix Asset Advisors | 0.02% | $248K | Reduced -22.3% | Q3 2026 |
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $1.4M | Unchanged | Q2 2026 |
Insider sales (SEC Form 4, open-market, last ~7 months) (NUE)
0 of 14 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-14 | Topalian Leon J | Chair and CEO | 26,000 | $7.0M | 15.9% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-14 | Behr Allen C | Executive Vice President | 7,739 | $2.1M | 11.5% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-03 | Batterbee Thomas J. | Executive Vice President | 4,000 | $1.0M | 19.9% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-07-30 | Laxton Stephen D | President and COO | 3,968 | $1.0M | 4.8% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-03 | Hollatz John J | Executive Vice President | 10,560 | $2.7M | 9.7% | No | Too little history (no open-market trades in 2024) |
| 2026-06-01 | Query Kenneth Rex | Executive Vice President | 13,529 | $3.4M | 17.3% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-18 | Spicer Randy J | Executive Vice President | 2,500 | $563K | 10.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-15 | Topalian Leon J | Chair and CEO | 52,000 | $11.8M | 26.4% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-05 | Ford Bradley | Executive Vice President | 2,240 | $520K | 4.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-04 | Behr Allen C | Executive Vice President | 10,096 | $2.3M | 13.8% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-04 | Keller Michael D | Vice Pres. and Corp. Contro | 4,554 | $1.0M | 21.3% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-01 | Needham Daniel R. | Executive Vice President | 12,888 | $2.9M | 12.6% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-01 | Hanners Noah C | Executive Vice President | 6,472 | $1.5M | 11.4% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-04-30 | Sumoski David A | Executive Vice President | 33,068 | $7.5M | 12% | No | Too little history (no open-market trades in 2024 or 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (NUE)
Consensus Buy (mean 2.12 on a 1–5 scale), 17 analysts; mean target USD 285 (low 226, high 310).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | Barclays | Target raised | Overweight | $295 → $306 |
| 2026-10-09 | JP Morgan | Target lowered | Overweight | $308 → $296 |
| 2026-10-05 | Keybanc | Target lowered | Overweight | $288 → $286 |
| 2026-09-18 | Freedom Broker | Downgrade | Buy → Hold | $305 → $285 |
| 2026-09-18 | Wells Fargo | Target lowered | Overweight | $285 → $280 |
| 2026-09-09 | JP Morgan | Target raised | Overweight | $294 → $308 |
| 2026-08-24 | Wells Fargo | Target lowered | Overweight | $297 → $285 |
| 2026-07-29 | Wells Fargo | Target raised | Overweight | $283 → $297 |
| 2026-07-29 | BMO Capital | Target raised | Outperform | $285 → $295 |
| 2026-07-29 | Barclays | Target raised | Overweight | $272 → $295 |
| 2026-07-28 | UBS | Target raised | Neutral | $224 → $256 |
| 2026-07-16 | Barclays | Target raised | Overweight | $270 → $272 |
Total return (dividends reinvested) (NUE)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +88.6% | +171.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +89.0% | +22.0% |
| Volatility (annualized) | 31.6% | 38.3% |
| Max drawdown | -18.4% (Feb 2026→Mar 2026) | -47.8% (Apr 2024→Mar 2025) |
NUE revenue by business segment (quarter ended Jul 4, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Steel Mills | $6.48B | 62.3% | +23.4% |
| Steel Products | $3.10B | 29.9% | +16.9% |
| Raw Materials | $811.0M | 7.8% | +48.5% |
| Total revenue | $10.40B | 100% | — |
NUE revenue by product line (quarter ended Jul 4, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Sheet | $2.92B | 28.0% | +17.8% |
| Bar | $1.86B | 17.9% | +33.3% |
| Other Steel Products | $1.10B | 10.6% | +24.0% |
| Plate | $856.0M | 8.2% | +24.8% |
| Structural | $847.0M | 8.1% | +22.0% |
| Raw Materials | $811.0M | 7.8% | +48.5% |
| Tubular Products | $599.0M | 5.8% | +57.6% |
| Rebar Fabrication | $569.0M | 5.5% | +16.8% |
| Joist & Deck | $483.0M | 4.6% | -14.4% |
| Building Systems | $352.0M | 3.4% | +4.5% |
| Total revenue | $10.40B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
NUE suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Rytec | “We believe the combination of Rytec and CHI will create an overhead door platform designed to deliver superior product breadth and solutions to Nucor's commercial customers.” |
| Customer | Overhead Doors | “We believe the combination of Rytec and CHI will create an overhead door platform designed to deliver superior product breadth and solutions to Nucor's commercial customers.” |
| Partner | ExxonMobil (XOM) | “In 2023, we signed an agreement with ExxonMobil Corporation ("ExxonMobil") to capture, transport, and inject carbon from our DRI plant in Convent, Louisiana.” |
Quoted from the company's 10-K filed Feb 25, 2026.
Companies that name NUE in their SEC reports
| Relationship to NUE | Company | Filing | Sentence |
|---|---|---|---|
| customer | TENARIS SA (TS) | 20-F Mar 31, 2026 | “For our welded pipe operations in the United States, a significant part of our requirements for steel coils is supplied by Nucor Steel, which is our principal supplier in the United States.” |
| competitor | GERDAU S.A. (GGB) | 20-F Mar 13, 2026 | “The Company's principal competitors include Commercial Metals Company (CMC), Nucor Corporation, and Steel Dynamics Inc.” |
| customer | NWPX Infrastructure, Inc. (NWPX) | 10-K Feb 26, 2026 | “Our suppliers include Steel Dynamics, Inc., Nucor Corporation, SSAB, North Star BlueScope Steel, United States Steel Corporation, and JSW Steel USA.” |
| competitor | Metallus Inc. (MTUS) | 10-K Feb 20, 2026 | “For bar products up to 9-inch in diameter, domestic producers Steel Dynamics, Inc. and Nucor Corporation (in some cases up to 10-inch) are our principal competitors.” |
| customer | Atkore Inc. (ATKR) | 10-K Nov 26, 2025 | “Our primary suppliers of steel are Cleveland-Cliffs, Steel Dynamics and Nucor; our primary suppliers of copper are AmRod, SDI LaFarga and Nexans; and our primary suppliers of PVC resin are Westlake, Formosa and Oxy Vinyls; and our primary suppliers of HDPE resin are LyondellBasell and Baystar.” |
| competitor | INSTEEL INDUSTRIES INC (IIIN) | 10-K Oct 23, 2025 | “Some of our competitors, such as Wire Mesh Corporation, Nucor Corporation and Oklahoma Steel and Wire, are vertically integrated companies that produce both wire rod and concrete reinforcing products and offer multiple product lines over broad geographic areas.” |
NUE company outlook (results filed Jul 27, 2026)
- “Compared to the Second Quarter of 2026 We expect higher consolidated reported earnings in the third quarter of 2026.”
Quoted word-for-word from the SEC 8-K results press release.
NUE analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $5.83 | $5.14 | +13.4% | $10.79B | 9 |
| Next quarter (ends Dec 2026) | $5.62 | $4.27 | +31.6% | $9.87B | 6 |
| Current fiscal year (ends Dec 2026) | $19.49 | $17.00 | +14.7% | $40.52B | 9 |
| Next fiscal year (ends Dec 2027) | $20.95 | $17.41 | +20.4% | $41.59B | 11 |
NUE options: expected move
Options price a move of about ±9.6% (±$24.75) by Nov 20, 2026, which includes earnings on Oct 26, 2026. Over the last 8 reports the stock moved ±5.5% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 42.4% | ±9.6% |
| Dec 18, 2026 | 56 | 39.3% | ±12.4% |
| Jan 15, 2027 | 84 | 38.3% | ±14.7% |
| Mar 19, 2027 | 147 | 37.8% | ±19.2% |
| Apr 16, 2027 | 175 | 37.7% | ±20.8% |
| Jun 17, 2027 | 237 | 38.5% | ±24.6% |
| Sep 17, 2027 | 329 | 38.7% | ±29.1% |
30-day implied volatility 41.7% vs 32.6% realized over the last 30 trading days. Put/call ratio (volume) 0.61. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:48 UTC)
| Price | USD 258.06 |
|---|---|
| Change | ▼ 2.45% (down) |
| Previous Close | USD 264.54 |
| Open | USD 261.6 |
| Day Range | USD 250.74 – 262.02 |
| 52-Week Range | USD 135.59 – 280.11 |
| Volume | 1,526,941 shares |
| Market Cap | $58.55B |
| Exchange | NYQ |
Technical Analysis (NUE)
Nexqual's technical model rates NUE "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 09:48 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 53.37 (neutral) |
| vs SMA50 | Above (USD 252.99) |
| MACD | 2.72 (positive) |
Analyst Ratings (NUE)
Wall Street analysts rate NUE "Buy" based on 17 analysts, with a mean price target of USD 285 (range USD 226–310), per Nexqual as of October 23, 2026 at 09:48 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 17 |
| Mean Target | USD 285 |
| High Target | USD 310 |
| Low Target | USD 226 |
| Buy / Hold / Sell | 13 / 3 / 1 |
Earnings (NUE)
| Next Earnings Date | 2026-10-26 |
|---|---|
| EPS Estimate | USD 5.83 |
| Revenue Estimate | $10.79B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 4.84 vs est 4.53 ▲ beat |
| 2026-03-31 | USD 3.23 vs est 2.82 ▲ beat |
| 2025-12-31 | USD 1.73 vs est 1.81 ▼ miss |
| 2025-09-30 | USD 2.63 vs est 2.17 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Financials & Fundamentals (NUE)
| Total Revenue | $36.10B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +23.00% |
| Gross Margin | +15.55% |
| Operating Margin | +15.67% |
| Profit Margin | +7.99% |
| ROE | +14.55% |
| Debt / Equity | 0.31 |
| Current Ratio | 2.51 |
| Total Cash | $2.69B |
| Total Debt | $7.10B |
| Free Cash Flow (last four quarters to Jul 2026, SEC 10-Q / 10-K) | $1.58B (4.4% of revenue) |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Financial Health Score (NUE)
Nexqual rates Nucor Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:48 UTC.
| Growth | Solid — Revenue +6% YoY (annual) |
|---|---|
| Profitability | Mixed — Gross margin 16%, operating 16% (last 12 months) |
| Balance Sheet | Strong — $2.69B cash and investments vs $6.52B debt (Jul 2026, SEC) |
| Cash Flow | Mixed — FCF $1.58B (last 4 quarters to Jul 2026, SEC), slim 4.4% margin |
| Efficiency | Mixed — ROE 15%, ROA 7.3% |
Ownership (NUE)
| Insider Ownership | +1.18% |
|---|---|
| Institutional Ownership | +81.14% |
| Shares Outstanding | 226.88M |
| Float | 223.45M |
| Short % of Float | +2.56% |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Leadership (NUE)
Nucor Corporation is led by Leon J. Topalian, Chairman of the Board & CEO, per Nexqual as of October 23, 2026 at 09:48 UTC.
| Chairman of the Board & CEO | Leon J. Topalian |
|---|---|
| President & COO | Stephen D. Laxton |
| Executive Vice President of Strategy | K. Rex Query |
| Executive VP, CFO & Treasurer | John L. Sullivan |
| Director of Investor Relations | Chris Jacobi |
Major Backers & Investors (NUE)
Notable institutional backers of Nucor Corporation include State Farm Mutual Automobile Insurance Co, NORGES BANK, Morgan Stanley, according to Nexqual as of October 23, 2026 at 09:48 UTC.
Active Investors
| Investor | Stake |
|---|---|
| State Farm Mutual Automobile Insurance Co | 10.67% |
| NORGES BANK | 1.82% |
| Morgan Stanley | 1.74% |
| FMR, LLC | 1.31% |
| Fidelity | 1.3% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 11.93% |
| BlackRock | 8.81% |
| State Street | 5.1% |
| Geode Capital | 2.68% |
| Northern Trust | 1.29% |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
From Nucor Corporation's Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- Insulated metal panels ("IMP") – We believe the Nucor Insulated Panels Group, which includes industry-leading brands, CENTRIA and Metl-Span, broadens the value-added solutions that the Nucor Buildings group can provide to targeted end markets such as warehousing, distribution and data centers.
- Door Technologies – The Nucor Door Technologies group includes industry-leading brands C.H.I.
- We are a leading domestic provider for most of the products we supply, and, in many cases (e.g., structural steel, merchant bar steel, steel joist and deck, pre-engineered metal buildings, steel piling, cold finish bar steel, steel electrical conduit pipe and insulated metal panels), we are the leading supplier.
- Reinforcing and merchant bar steel are sold in standard sizes and grades, which allows us to maintain inventory levels of these products to meet our customers' expected orders.
Partnerships
- In 2023, we signed an agreement with ExxonMobil Corporation ("ExxonMobil") to capture, transport, and inject carbon from our DRI plant in Convent, Louisiana.
- Consistent with our strategy to Grow the Core, Expand Beyond and Live our Culture, Nucor has invested significant capital in recent years to expand our product portfolio to include more value-added steel mill products and capabilities, improve our cost structure, enhance our operational flexibility and increase our exposure to markets with attractive growth prospects, such as data centers and renewable energy.
Legal & Regulatory Risks (Item 1A, quoted)
- Our steelmaking processes, our DRI processes, and the manufacturing processes of many of our suppliers, customers and competitors are energy intensive and generate carbon dioxide and other GHGs. The regulation of these GHGs may negatively affect our business, results of operations, financial condition and cash flows.
- Environmental regulation compliance and remediation could result in substantially increased costs and materially adversely impact our competitive position.
- Tax increases and changes in tax laws and regulations or exposure to additional tax liabilities may negatively affect our business, results of operations, financial conditions and cash flows.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MT | Arcelor Mittal NY Registry Shar | USD 60.18 | ▼ 5.18% |
| STLD | Steel Dynamics, Inc. | USD 239.9 | ▼ 3.25% |
| RS | Reliance, Inc. | USD 417.92 | ▼ 0.75% |
| PKX | POSCO Holdings Inc. | USD 52.35 | ▼ 6.27% |
| TX | Ternium S.A. Ternium S.A. | USD 55.36 | ▼ 6.04% |
| GGB | Gerdau S.A. | USD 5.07 | ▼ 3.24% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:48 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt