Key Takeaways:
- Nucor Corporation is set to discuss Q1 earnings in an upcoming call, offering investors insight into its performance and strategic positioning.
- Analysts predict significant upside potential for Nucor's stock, highlighting strong market sentiment.
- GuruFocus metrics suggest the stock is currently undervalued, presenting a possible investment opportunity.
Nucor Corporation (NUE, Financial), a dominant force in the steel manufacturing industry and North America's leading recycler, is set to conduct a live conference call on April 29, 2025. The session, headed by CEO Leon Topalian, will cover the company’s first-quarter earnings, providing a comprehensive review of its quarterly performance and a segment for questions and answers.
Wall Street Analysts Forecast
Wall Street analysts present a positive outlook for Nucor Corp (NUE, Financial). According to one-year price targets from 12 analysts, Nucor's average target price stands at $139.07. The estimates vary significantly, with a high estimate of $169.00 and a low of $39.00, indicating an average implied upside of 25.85% from its current trading price of $110.50. Investors can access more detailed estimate data on the Nucor Corp (NUE) Forecast page.
The consensus from 16 brokerage firms positions Nucor Corp (NUE, Financial) with an average brokerage recommendation of 2.3, categorizing it as "Outperform." This rating, on a scale where 1 is a Strong Buy and 5 is a Sell, suggests a favorable analyst outlook.
Using GuruFocus's proprietary metrics, Nucor Corp’s estimated GF Value for the following year is $146.07. This estimation predicts an upside potential of 32.19% from its current price of $110.50. The GF Value offers an insight into the stock's fair trading value, calculated by analyzing historical trading multiples, past business growth, and future performance estimates. For further data, explore the Nucor Corp (NUE, Financial) Summary page.
