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: April 18, 2024 (11:42)

Sector: Basic materials

The share price of Nucor Corp. (NUE) now

Latest session on the 17th of April for
Nucor Corp. is positive
Trading Volume: 1152471
Open: 194.32 /  High: 195.96 /  Low: 191.62
What analysts predict: $190.06
52-week High/Low: $203 / $128.21

50/200 Day Moving Average: $190.14 / $170.21

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

For Nucor stocks, the 200-day moving average is the support 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., %
Apr 20 198.01 195.59 199.55 2.03
Apr 21 199.91 196.74 203.29 3.33
Apr 22 202.41 201.09 204.88 1.88
Apr 23 199.51 197.07 201.43 2.21
Apr 24 202.42 199.99 204.42 2.21
Apr 25 201.21 197.44 203.93 3.29
Apr 26 202.04 199.47 204.77 2.66
Apr 27 201.62 198.58 202.83 2.14
Apr 28 205.29 203.90 209.19 2.59
Apr 29 207.00 202.69 211.25 4.22
Apr 30 207.00 204.90 208.13 1.58
May 01 212.38 208.79 215.31 3.12
May 02 215.53 213.62 217.27 1.71
May 03 215.47 212.34 219.17 3.22
May 04 216.71 214.40 221.21 3.18
May 05 219.52 216.95 222.95 2.76
May 06 223.23 220.56 224.39 1.74
May 07 223.06 219.69 227.18 3.41
May 08 219.29 216.38 223.11 3.11
May 09 218.15 215.71 222.57 3.18
May 10 218.55 215.65 222.47 3.16
May 11 221.10 219.44 222.37 1.34
May 12 224.44 222.74 226.77 1.81
May 13 226.48 225.30 231.19 2.61
May 14 227.89 225.46 232.45 3.10
May 15 228.60 225.33 230.98 2.51
May 16 223.31 219.31 225.29 2.73
May 17 220.47 217.95 224.25 2.89
May 18 222.47 220.86 223.86 1.36
May 19 222.59 219.29 225.08 2.64

Nucor Daily Price Targets


Nucor Stock Forecast 04-20-2024.

Forecast target price for 04-20-2024: $198.01.
Positive dynamics for Nucor shares will prevail with possible volatility of 1.986%.
Pessimistic target level: 195.59
Optimistic target level: 199.55

Nucor Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $199.91.
Positive dynamics for Nucor shares will prevail with possible volatility of 3.222%.
Pessimistic target level: 196.74
Optimistic target level: 203.29

Nucor Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $202.41.
Positive dynamics for Nucor shares will prevail with possible volatility of 1.849%.
Pessimistic target level: 201.09
Optimistic target level: 204.88

Nucor Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $199.51.
Negative dynamics for Nucor shares will prevail with possible volatility of 2.164%.
Pessimistic target level: 197.07
Optimistic target level: 201.43

Nucor Stock Forecast 04-24-2024.

Forecast target price for 04-24-2024: $202.42.
Positive dynamics for Nucor shares will prevail with possible volatility of 2.163%.
Pessimistic target level: 199.99
Optimistic target level: 204.42

Nucor Stock Forecast 04-25-2024.

Forecast target price for 04-25-2024: $201.21.
Negative dynamics for Nucor shares will prevail with possible volatility of 3.181%.
Pessimistic target level: 197.44
Optimistic target level: 203.93

NUE (NUE) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 191.79 181.66 205.29 11.51
Jun. 184.36 173.17 196.37 11.81
Jul. 183.72 177.25 196.49 9.79
Aug. 167.71 157.53 175.68 10.33
Sep. 164.17 153.77 174.57 11.92
Oct. 166.77 162.81 172.93 5.86
Nov. 168.97 164.21 173.88 5.56
Dec. 172.99 168.42 184.55 8.74

Nucor forecast for this year


Nucor Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $191.791. Pessimistic: $181.66. Optimistic: $205.29


Nucor Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $184.364. Pessimistic: $173.17. Optimistic: $196.37


Nucor Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $183.715. Pessimistic: $177.25. Optimistic: $196.49


Nucor Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $167.71. Pessimistic: $157.53. Optimistic: $175.68


Nucor Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $164.168. Pessimistic: $153.77. Optimistic: $174.57


Nucor Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $166.769. Pessimistic: $162.81. Optimistic: $172.93


Nucor Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $168.97. Pessimistic: $164.21. Optimistic: $173.88


Nucor Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $172.985. Pessimistic: $168.42. Optimistic: $184.55



Nucor (NUE) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 179.38 171.96 185.69 7.40
Feb 189.48 177.31 195.82 9.45
Mar 172.81 164.60 179.65 8.38
Apr 162.01 150.75 170.42 11.54
May 167.14 157.73 176.70 10.74
Jun 174.50 165.28 186.78 11.51
Jul 181.10 177.43 190.66 6.94
Aug 176.32 171.97 187.65 8.35
Sep 172.13 168.95 179.55 5.91
Oct 166.52 158.32 171.21 7.53
Nov 176.64 167.78 185.96 9.78
Dec 167.00 158.92 178.31 10.88

Nucor (NUE) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 164.65 155.66 167.84 7.25
Feb 163.63 153.70 166.66 7.78
Mar 153.99 145.45 157.24 7.50
Apr 161.44 156.04 166.27 6.15
May 166.69 158.48 169.78 6.65
Jun 161.71 152.17 165.69 8.16
Jul 155.16 149.97 163.22 8.11
Aug 152.84 143.56 159.57 10.03
Sep 143.16 140.01 149.33 6.24
Oct 137.24 128.42 145.21 11.56
Nov 133.25 129.97 136.65 4.89
Dec 138.41 129.52 140.85 8.04

Nucor (NUE) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 145.11 136.30 154.94 12.03
Feb 143.32 135.12 150.38 10.15
Mar 154.80 150.57 165.01 8.75
Apr 157.39 149.91 162.10 7.52
May 162.79 157.06 168.80 6.96
Jun 161.78 153.81 165.20 6.89
Jul 169.90 163.47 178.12 8.23
Aug 166.76 161.48 171.75 5.98
Sep 163.38 152.75 170.72 10.53
Oct 156.34 151.25 165.01 8.34
Nov 159.23 148.86 169.74 12.30
Dec 172.40 161.02 179.53 10.31

Nucor (NUE) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 177.56 173.96 186.93 6.94
Feb 187.87 184.07 194.48 5.36
Mar 197.13 188.80 203.03 7.01
Apr 207.02 203.37 221.23 8.07
May 205.01 197.26 212.23 7.06
Jun 203.39 193.37 216.81 10.81
Jul 208.22 204.56 219.95 7.00
Aug 201.99 192.04 211.41 9.16
Sep 194.88 186.14 208.43 10.70
Oct 179.10 170.59 183.20 6.88
Nov 171.54 168.22 175.61 4.21
Dec 169.58 164.06 172.86 5.09

Nucor information and performance

Nucor Address

1915 REXFORD RD, CHARLOTTE, NC, US

Market Capitalization: 46 683 308 000 $

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: 7 398 657 000 $

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

PE Ratio: 10.81

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: 2.07

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: 0.0111

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

EPS: 17.99

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

Quarterly Earnings Growth YOY: -0.353
Quarterly Revenue Growth YOY: -0.117
Trailing PE: 10.81

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 $2.07 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.