Nucor (NUE) – Investment Analysts’ Recent Ratings Updates
by Renee Jackson · The Cerbat GemA number of firms have modified their ratings and price targets on shares of Nucor (NYSE: NUE) recently:
- 5/4/2026 – Nucor had its price target raised by BNP Paribas Exane from $210.00 to $248.00. They now have an “outperform” rating on the stock.
- 5/2/2026 – Nucor was upgraded by Wall Street Zen from “hold” to “buy”.
- 5/1/2026 – Nucor had its price target raised by The Goldman Sachs Group, Inc. from $240.00 to $260.00.
- 4/30/2026 – Nucor had its “buy” rating reaffirmed by Seaport Research Partners. They now have a $245.00 price target on the stock.
- 4/29/2026 – Nucor had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $240.00 price target on the stock.
- 4/29/2026 – Nucor had its price target raised by Citigroup Inc. from $180.00 to $260.00. They now have a “buy” rating on the stock.
- 4/29/2026 – Nucor had its price target raised by Wells Fargo & Company from $213.00 to $244.00. They now have an “overweight” rating on the stock.
- 4/29/2026 – Nucor had its price target raised by JPMorgan Chase & Co. from $212.00 to $240.00. They now have an “overweight” rating on the stock.
- 4/29/2026 – Nucor had its price target raised by Morgan Stanley from $180.00 to $227.00. They now have an “equal weight” rating on the stock.
- 4/28/2026 – Nucor was downgraded by UBS Group AG from “buy” to “neutral”. They now have a $224.00 price target on the stock, up from $190.00.
- 4/28/2026 – Nucor had its price target raised by Bank of America Corporation from $190.00 to $250.00. They now have a “buy” rating on the stock.
- 4/28/2026 – Nucor had its price target raised by Jefferies Financial Group Inc. from $225.00 to $250.00. They now have a “buy” rating on the stock.
- 4/28/2026 – Nucor had its price target raised by BMO Capital Markets from $196.00 to $235.00. They now have an “outperform” rating on the stock.
- 4/20/2026 – Nucor had its price target raised by BNP Paribas Exane from $185.00 to $210.00. They now have an “outperform” rating on the stock.
- 4/15/2026 – Nucor had its price target raised by Wells Fargo & Company from $197.00 to $213.00. They now have an “overweight” rating on the stock.
- 4/14/2026 – Nucor had its price target raised by JPMorgan Chase & Co. from $198.00 to $212.00. They now have an “overweight” rating on the stock.
- 4/11/2026 – Nucor was downgraded by Wall Street Zen from “buy” to “hold”.
- 4/10/2026 – Nucor had its price target raised by Jefferies Financial Group Inc. from $200.00 to $225.00. They now have a “buy” rating on the stock.
- 4/1/2026 – Nucor is now covered by The Goldman Sachs Group, Inc.. They set a “buy” rating and a $210.00 price target on the stock.
- 3/28/2026 – Nucor was upgraded by Wall Street Zen from “hold” to “buy”.
- 3/26/2026 – Nucor was upgraded by UBS Group AG from “neutral” to “buy”. They now have a $190.00 price target on the stock, up from $184.00.
- 3/25/2026 – Nucor is now covered by KeyCorp. They set a “sector weight” rating on the stock.
- 3/20/2026 – Nucor had its price target raised by Wells Fargo & Company from $194.00 to $197.00. They now have an “overweight” rating on the stock.
- 3/16/2026 – Nucor had its price target raised by UBS Group AG from $183.00 to $184.00. They now have a “neutral” rating on the stock.
- 3/7/2026 – Nucor was downgraded by Wall Street Zen from “buy” to “hold”.
Nucor Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.56 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.0%. Nucor’s dividend payout ratio (DPR) is presently 22.18%.
Insider Buying and Selling at Nucor
In related news, EVP Daniel R. Needham sold 12,888 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $226.00, for a total transaction of $2,912,688.00. Following the completion of the transaction, the executive vice president directly owned 89,724 shares in the company, valued at approximately $20,277,624. This trade represents a 12.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP David A. Sumoski sold 33,068 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $225.67, for a total value of $7,462,455.56. Following the transaction, the executive vice president owned 243,339 shares of the company’s stock, valued at approximately $54,914,312.13. The trade was a 11.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 74,530 shares of company stock valued at $16,612,863 in the last 90 days. 0.62% of the stock is currently owned by corporate insiders.
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.