Nucor (NUE) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Nucor (NUE) Stock Forecast for 2023 – 2026. Sell or Buy?

Last update: May 31, 2023 (11:42)

Sector: Basic materials

The share price of Nucor Corp. (NUE) now

What analysts predict: $148.46
52-week High/Low: $182.06 / $98.94

50/200 Day Moving Average: $145.21 / $143.35

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 2023, 2024, 2025, 2026, 2027. How much will one Nucor share be worth in 2023 - 2027?

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, 2023, 2024, 2025, 2026 and 2027) 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 daily forecast for a month

Date Target Pes. Opt. Vol., %
Jun 02 134.81 133.13 136.77 2.74
Jun 03 133.58 132.16 135.32 2.39
Jun 04 133.51 131.64 134.42 2.11
Jun 05 130.18 129.23 131.16 1.49
Jun 06 129.03 127.45 129.84 1.87
Jun 07 132.15 130.19 132.98 2.14
Jun 08 133.63 132.41 135.16 2.07
Jun 09 134.05 131.36 135.20 2.92
Jun 10 133.91 131.96 136.62 3.54
Jun 11 130.98 128.46 133.57 3.98
Jun 12 131.87 130.02 133.99 3.06
Jun 13 134.95 132.25 135.65 2.57
Jun 14 134.99 133.94 136.85 2.17
Jun 15 137.06 134.21 138.09 2.89
Jun 16 139.95 138.38 142.78 3.18
Jun 17 140.38 139.62 142.06 1.75
Jun 18 143.78 141.68 146.21 3.19
Jun 19 147.40 145.37 150.32 3.40
Jun 20 148.97 146.88 150.37 2.37
Jun 21 150.83 148.52 152.87 2.93
Jun 22 150.09 148.96 152.59 2.44
Jun 23 150.28 147.35 151.14 2.57
Jun 24 151.34 150.55 152.87 1.54
Jun 25 153.31 150.91 156.37 3.62
Jun 26 153.42 151.59 156.42 3.18
Jun 27 154.30 151.25 155.35 2.71
Jun 28 154.38 151.81 155.43 2.38
Jun 29 151.93 149.37 154.62 3.52
Jun 30 153.71 150.55 155.07 3.00
Jul 01 150.04 148.55 152.26 2.49

Nucor Daily Price Targets


Nucor Stock Forecast 06-02-2023.

Forecast target price for 06-02-2023: $134.81.
Positive dynamics for Nucor shares will prevail with possible volatility of 2.665%.
Pessimistic target level: 133.13
Optimistic target level: 136.77

Nucor Stock Forecast 06-03-2023.

Forecast target price for 06-03-2023: $133.58.
Negative dynamics for Nucor shares will prevail with possible volatility of 2.335%.
Pessimistic target level: 132.16
Optimistic target level: 135.32

Nucor Stock Forecast 06-04-2023.

Forecast target price for 06-04-2023: $133.51.
Negative dynamics for Nucor shares will prevail with possible volatility of 2.066%.
Pessimistic target level: 131.64
Optimistic target level: 134.42

Nucor Stock Forecast 06-05-2023.

Forecast target price for 06-05-2023: $130.18.
Negative dynamics for Nucor shares will prevail with possible volatility of 1.471%.
Pessimistic target level: 129.23
Optimistic target level: 131.16

Nucor Stock Forecast 06-06-2023.

Forecast target price for 06-06-2023: $129.03.
Negative dynamics for Nucor shares will prevail with possible volatility of 1.835%.
Pessimistic target level: 127.45
Optimistic target level: 129.84

Nucor Stock Forecast 06-07-2023.

Forecast target price for 06-07-2023: $132.15.
Positive dynamics for Nucor shares will prevail with possible volatility of 2.093%.
Pessimistic target level: 130.19
Optimistic target level: 132.98

NUE (NUE) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Jun. 144.41 135.26 147.71 8.43
Jul. 151.14 143.03 159.39 10.26
Aug. 149.41 144.02 154.15 6.57
Sep. 141.26 137.90 145.11 4.97
Oct. 137.90 129.17 141.55 8.74
Nov. 132.81 129.30 135.38 4.49
Dec. 134.56 132.19 138.82 4.78

Nucor forecast for this year


Nucor Stock Prediction for Jun 2023

An uptrend is forecast for this month with an optimal target price of $144.406. Pessimistic: $135.26. Optimistic: $147.71


Nucor Stock Prediction for Jul 2023

An uptrend is forecast for this month with an optimal target price of $151.142. Pessimistic: $143.03. Optimistic: $159.39


Nucor Stock Prediction for Aug 2023

An downtrend is forecast for this month with an optimal target price of $149.412. Pessimistic: $144.02. Optimistic: $154.15


Nucor Stock Prediction for Sep 2023

An downtrend is forecast for this month with an optimal target price of $141.261. Pessimistic: $137.90. Optimistic: $145.11


Nucor Stock Prediction for Oct 2023

An downtrend is forecast for this month with an optimal target price of $137.904. Pessimistic: $129.17. Optimistic: $141.55


Nucor Stock Prediction for Nov 2023

An downtrend is forecast for this month with an optimal target price of $132.807. Pessimistic: $129.30. Optimistic: $135.38


Nucor Stock Prediction for Dec 2023

An uptrend is forecast for this month with an optimal target price of $134.56. Pessimistic: $132.19. Optimistic: $138.82



Nucor (NUE) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 132.90 126.47 140.04 9.69
Mar 135.24 127.15 143.81 11.59
Mar 146.43 143.21 155.84 8.10
Apr 150.30 144.34 154.13 6.35
May 142.76 136.10 147.91 7.98
Jun 140.87 133.93 148.06 9.54
Jul 151.04 146.25 160.87 9.09
Aug 162.47 151.74 166.61 8.92
Sep 157.32 152.20 167.15 8.94
Oct 160.50 157.68 168.84 6.61
Nov 166.58 155.14 170.24 8.87
Dec 173.61 166.28 177.43 6.29

Nucor (NUE) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 181.25 170.73 190.19 10.23
Mar 170.57 161.56 182.42 11.44
Mar 173.57 163.18 177.23 7.93
Apr 171.89 167.96 179.91 6.64
May 174.46 170.62 179.68 5.04
Jun 170.93 163.86 176.34 7.08
Jul 173.49 161.88 181.73 10.92
Aug 172.42 164.98 175.45 5.97
Sep 159.07 148.99 164.24 9.29
Oct 159.91 151.32 169.47 10.71
Nov 157.09 146.58 160.69 8.78
Dec 159.44 150.32 169.68 11.41

Nucor (NUE) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 157.62 148.60 164.00 9.39
Mar 165.38 153.74 175.57 12.43
Mar 179.94 176.45 191.81 8.01
Apr 189.12 178.30 194.12 8.15
May 188.96 177.65 198.27 10.40
Jun 191.62 186.39 196.00 4.90
Jul 199.20 195.35 208.14 6.15
Aug 211.12 196.82 217.44 9.48
Sep 200.16 191.18 205.62 7.02
Oct 184.66 174.59 191.65 8.90
Nov 192.46 179.08 200.76 10.80
Dec 190.60 185.06 201.84 8.31

Nucor (NUE) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 194.46 190.52 205.75 7.40
Mar 208.15 195.14 213.64 8.66
Mar 212.18 201.35 224.87 10.46
Apr 206.95 194.93 218.79 10.90
May 202.76 197.05 217.03 9.21
Jun 194.91 182.90 201.26 9.12
Jul 193.37 184.52 202.55 8.90
Aug 189.28 178.79 197.94 9.68
Sep 193.95 186.09 198.38 6.19
Oct 192.41 182.93 197.15 7.21
Nov 190.72 180.65 194.58 7.16
Dec 189.54 183.87 194.71 5.57

Nucor information and performance

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 Address

1915 REXFORD RD, CHARLOTTE, NC, US

Market Capitalization: 34 201 500 000 $

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

EBITDA: 10 285 457 000 $

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

PE Ratio: 5.32

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: 2.02

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: 0.015

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

EPS: 25.57

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

Quarterly Earnings Growth YOY: -0.419
Quarterly Revenue Growth YOY: -0.17
Trailing PE: 5.32

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: 10.1

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

EV To Revenue: 0.956

Enterprise Value (EV) /Revenue

EV To EBITDA: 3.187

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

Shares Outstanding: 251223000

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 03/30/2023. The next scheduled payment will be on 05/11/2023. The amount of dividends is $2.02 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.