BNP Paribas Exane Issues Positive Forecast for Nucor (NYSE:NUE) Stock Price

Nucor (NYSE:NUE) had its price objective upped by investment analysts at BNP Paribas Exane from $165.00 to $185.00 in a research note issued on Friday,MarketScreener reports. The firm presently has an “outperform” rating on the basic materials company’s stock. BNP Paribas Exane’s price objective suggests a potential upside of 12.35% from the company’s previous close.

Several other brokerages also recently issued reports on NUE. UBS Group upped their price objective on shares of Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. raised their target price on shares of Nucor from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Bank of America boosted their price target on Nucor from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Morgan Stanley boosted their price objective on shares of Nucor from $152.00 to $165.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Finally, Wells Fargo & Company set a $176.00 price objective on shares of Nucor in a research note on Thursday, December 18th. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Nucor has an average rating of “Moderate Buy” and an average price target of $173.73.

Nucor Price Performance

Shares of NUE opened at $164.67 on Friday. The company has a current ratio of 2.77, a quick ratio of 1.51 and a debt-to-equity ratio of 0.30. The stock’s 50 day moving average is $155.58 and its two-hundred day moving average is $144.77. The firm has a market capitalization of $37.69 billion, a PE ratio of 23.13, a P/E/G ratio of 1.28 and a beta of 1.87. Nucor has a twelve month low of $97.59 and a twelve month high of $168.07.

Nucor (NYSE:NUE) last issued its quarterly earnings data on Monday, October 27th. The basic materials company reported $2.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.30 by $0.33. The business had revenue of $8.52 billion for the quarter, compared to the consensus estimate of $8.27 billion. Nucor had a return on equity of 7.80% and a net margin of 5.18%.The business’s revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.49 earnings per share. Nucor has set its Q4 2025 guidance at -2.630 EPS. Research analysts anticipate that Nucor will post 7.64 earnings per share for the current year.

Insider Transactions at Nucor

In other news, EVP Allen C. Behr sold 9,042 shares of the stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $151.28, for a total value of $1,367,873.76. Following the completion of the sale, the executive vice president directly owned 73,661 shares of the company’s stock, valued at approximately $11,143,436.08. This represents a 10.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John J. Hollatz sold 7,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $149.88, for a total transaction of $1,049,160.00. Following the transaction, the executive vice president owned 96,550 shares of the company’s stock, valued at approximately $14,470,914. The trade was a 6.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 25,995 shares of company stock valued at $3,990,634. 0.46% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Nucor

Several institutional investors have recently bought and sold shares of the business. Severin Investments LLC acquired a new stake in shares of Nucor in the third quarter valued at $207,000. Allworth Financial LP lifted its position in shares of Nucor by 16.2% during the third quarter. Allworth Financial LP now owns 1,820 shares of the basic materials company’s stock worth $246,000 after purchasing an additional 254 shares in the last quarter. Investment Research Partners LLC bought a new stake in shares of Nucor during the third quarter valued at approximately $652,000. Strategic Advocates LLC acquired a new stake in Nucor in the third quarter worth about $87,000. Finally, CIBC Private Wealth Group LLC grew its holdings in Nucor by 10.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 17,405 shares of the basic materials company’s stock worth $2,357,000 after acquiring an additional 1,599 shares during the period. Institutional investors own 76.48% of the company’s stock.

About Nucor

Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.

Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.