Top Wall Street Forecasters Revamp Nucor Expectations Ahead Of Q1 Earnings

Benzinga04-27 18:02

Nucor Corporation (NYSE:NUE) will release earnings for its first quarter after the closing bell on Monday, April 27.

Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings of $2.82 per share. That’s up from 77 cents per share in the year-ago period. The consensus estimate for Nucor's quarterly revenue is $8.86 billion (it reported $7.83 billion last year), according to Benzinga Pro.

On March 19, Nucor said it sees preliminary first-quarter GAAP EPS of $2.70-$2.80.

Shares of Nucor gained 0.6% to close at $214.29 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Wells Fargo analyst Timna Tanners maintained an Overweight rating and raised the price target from $197 to $213 on April 16, 2026. This analyst has an accuracy rate of 75%.
  • JP Morgan analyst Bill Peterson maintained the stock with an Overweight rating and raised the price target from $198 to $212 on April 14, 2026. This analyst has an accuracy rate of 62%.
  • Keybanc analyst Philip Gibbs maintained a Sector Weight rating on March 25, 2026. This analyst has an accuracy rate of 85%.
  • UBS analyst Curt Woodworth maintained the stock with a Neutral rating and raised the price target from $183 to $184 on March 16, 2026. This analyst has an accuracy rate of 64%.
  • Morgan Stanley analyst Carlos De Alba downgraded the stock from Overweight to Equal-Weight and boosted the price target from $165 to $180 on Jan. 9, 2026. This analyst has an accuracy rate of 75%

Considering buying NUE stock? Here’s what analysts think:

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