Nucor (NUE) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Nucor (NUE) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 3, 2024 (14:25)

Sector: Basic materials

The share price of Nucor Corp. (NUE) now

Latest session on the 2nd of May for
Nucor Corp. is positive
Trading Volume: 1303098
Open: 169.61 /  High: 170.84 /  Low: 168.46
What analysts predict: $189.06
52-week High/Low: $203 / $128.21

50/200 Day Moving Average: $189.53 / $171.32

This figure corresponds to the Average Price over the previous 50/200 days. For Nucor stocks, the 50-day moving average is the resistance level today.

For Nucor stocks, the 200-day moving average is the resistance level today.

Are you interested in Nucor Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Nucor stock price in 2024, 2025, 2026, 2027, 2028. How much will one Nucor share be worth in 2024 - 2028?

When should I take profit in Nucor stock? When should I record a loss on Nucor stock? What are analysts' forecasts for Nucor stock? What is the future of Nucor stock? We forecast Nucor stock performance using neural networks based on historical data on Nucor stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Nucor stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Nucor shares. This happens once a day.


Historical and forecast chart of Nucor stock

The chart below shows the historical price of Nucor stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Nucor stock price can be found in the table below.

Long-term forecasts by years.

Nucor Corporation manufactures and markets steel and steel products. It operates in three segments: steel mills, steel products and raw materials. The Steel Plants segment produces hot-rolled, cold-rolled and galvanized sheet products; Sheet steel; wide flange beams, beam blanks, I-beams and sheet piles; bar steel products such as blooms, billets, concrete reinforcement and commercial bars, as well as special quality bars. It is also involved in the steel trade and rebar distribution.

Nucor daily forecast for a month

Date Target Pes. Opt. Vol., %
May 05 173.48 172.37 175.87 2.03
May 06 173.58 172.02 176.33 2.50
May 07 172.65 169.88 173.75 2.28
May 08 172.68 171.54 174.24 1.57
May 09 171.33 170.65 172.09 0.84
May 10 173.66 171.75 175.78 2.35
May 11 173.35 171.13 174.11 1.74
May 12 172.55 170.97 174.49 2.06
May 13 172.87 172.00 173.70 0.99
May 14 169.68 167.65 171.89 2.53
May 15 169.75 167.31 172.23 2.94
May 16 168.33 167.48 170.58 1.85
May 17 168.12 167.32 170.78 2.07
May 18 169.91 168.55 171.98 2.04
May 19 170.25 169.36 172.56 1.89
May 20 172.66 171.70 174.94 1.89
May 21 175.94 173.16 177.18 2.32
May 22 177.49 176.29 179.27 1.69
May 23 175.01 172.52 177.81 3.06
May 24 176.69 174.04 179.30 3.03
May 25 176.83 175.17 177.85 1.53
May 26 177.43 176.40 180.16 2.13
May 27 180.48 179.07 181.89 1.57
May 28 179.36 176.57 182.13 3.15
May 29 181.12 178.91 182.21 1.84
May 30 182.93 181.14 185.64 2.48
May 31 182.46 180.30 184.06 2.08
Jun 01 184.21 182.22 187.01 2.63
Jun 02 182.62 179.81 183.46 2.03
Jun 03 183.61 180.75 185.19 2.46

Nucor Daily Price Targets


Nucor Stock Forecast 05-05-2024.

Forecast target price for 05-05-2024: $173.48.
Positive dynamics for Nucor shares will prevail with possible volatility of 1.993%.
Pessimistic target level: 172.37
Optimistic target level: 175.87

Nucor Stock Forecast 05-06-2024.

Forecast target price for 05-06-2024: $173.58.
Positive dynamics for Nucor shares will prevail with possible volatility of 2.441%.
Pessimistic target level: 172.02
Optimistic target level: 176.33

Nucor Stock Forecast 05-07-2024.

Forecast target price for 05-07-2024: $172.65.
Negative dynamics for Nucor shares will prevail with possible volatility of 2.226%.
Pessimistic target level: 169.88
Optimistic target level: 173.75

Nucor Stock Forecast 05-08-2024.

Forecast target price for 05-08-2024: $172.68.
Positive dynamics for Nucor shares will prevail with possible volatility of 1.546%.
Pessimistic target level: 171.54
Optimistic target level: 174.24

Nucor Stock Forecast 05-09-2024.

Forecast target price for 05-09-2024: $171.33.
Negative dynamics for Nucor shares will prevail with possible volatility of 0.836%.
Pessimistic target level: 170.65
Optimistic target level: 172.09

Nucor Stock Forecast 05-10-2024.

Forecast target price for 05-10-2024: $173.66.
Positive dynamics for Nucor shares will prevail with possible volatility of 2.292%.
Pessimistic target level: 171.75
Optimistic target level: 175.78

NUE (NUE) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 174.34 168.06 182.57 7.94
Jul. 178.94 173.07 185.38 6.64
Aug. 179.23 172.49 184.10 6.31
Sep. 174.78 167.51 178.84 6.33
Oct. 174.92 165.83 181.36 8.57
Nov. 168.35 163.23 171.44 4.79
Dec. 180.06 176.46 190.44 7.34

Nucor forecast for this year


Nucor Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $174.34. Pessimistic: $168.06. Optimistic: $182.57


Nucor Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $178.942. Pessimistic: $173.07. Optimistic: $185.38


Nucor Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $179.229. Pessimistic: $172.49. Optimistic: $184.10


Nucor Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $174.784. Pessimistic: $167.51. Optimistic: $178.84


Nucor Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $174.923. Pessimistic: $165.83. Optimistic: $181.36


Nucor Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $168.346. Pessimistic: $163.23. Optimistic: $171.44


Nucor Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $180.063. Pessimistic: $176.46. Optimistic: $190.44



Nucor (NUE) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 176.75 168.13 180.99 7.11
Feb 173.64 168.50 181.56 7.19
Mar 168.50 164.59 174.30 5.57
Apr 173.22 166.57 179.73 7.32
May 159.64 152.74 165.38 7.64
Jun 155.30 147.59 162.13 8.97
Jul 156.54 153.03 162.67 5.93
Aug 156.91 154.40 163.32 5.46
Sep 161.56 152.12 171.90 11.50
Oct 167.37 160.28 178.09 10.00
Nov 180.23 172.01 185.28 7.16
Dec 174.32 170.27 180.59 5.71

Nucor (NUE) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 162.60 158.57 168.85 6.09
Feb 157.66 150.60 161.82 6.94
Mar 157.66 149.71 163.21 8.27
Apr 153.62 148.09 159.65 7.24
May 158.29 155.63 161.84 3.83
Jun 154.37 150.05 156.96 4.41
Jul 153.87 148.95 160.15 6.99
Aug 158.31 148.55 168.18 11.67
Sep 156.66 152.27 159.29 4.41
Oct 156.53 149.77 164.05 8.70
Nov 153.15 144.09 158.67 9.19
Dec 150.09 142.77 155.25 8.04

Nucor (NUE) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 162.10 153.02 170.79 10.40
Feb 162.36 158.59 169.76 6.58
Mar 166.64 161.98 174.51 7.18
Apr 170.78 162.03 180.61 10.29
May 166.95 162.81 171.76 5.21
Jun 166.55 158.82 172.55 7.95
Jul 172.55 166.61 183.59 9.25
Aug 171.72 163.89 181.47 9.69
Sep 171.03 162.55 181.57 10.47
Oct 164.05 155.92 171.66 9.17
Nov 158.02 151.95 165.98 8.45
Dec 153.46 145.48 161.20 9.75

Nucor (NUE) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 162.30 155.03 165.16 6.13
Feb 168.28 157.64 178.24 11.56
Mar 174.60 168.46 183.96 8.43
Apr 171.67 167.55 179.50 6.66
May 172.49 162.28 180.91 10.30
Jun 170.15 161.98 174.23 7.03
Jul 182.54 176.55 186.33 5.25
Aug 177.42 166.07 183.67 9.58
Sep 184.38 178.04 196.18 9.25
Oct 180.69 169.27 184.16 8.08
Nov 185.75 182.04 189.76 4.07
Dec 183.22 178.53 189.82 5.95

Nucor information and performance

Nucor Address

1915 REXFORD RD, CHARLOTTE, NC, US

Market Capitalization: 40 477 426 000 $

Market capitalization of the Nucor Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of NUE shares in the company outstanding by the market price of one share.

EBITDA: 7 003 898 000 $

EBITDA of Nucor is earnings before interest, income tax and depreciation of assets.

PE Ratio: 9.92

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.75

Price/earnings to growth

DPS: 2.1

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0128

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 17

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.223
Quarterly Revenue Growth YOY: -0.066
Trailing PE: 9.92

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 14.62

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.337

Enterprise Value (EV) /Revenue

EV To EBITDA: 6.04

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 239980000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Nucor (NUE) stock dividend

Nucor last paid dividends on 03/27/2024. The next scheduled payment will be on 05/10/2024. The amount of dividends is $2.1 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.