<div id="readability-page-1"><p><span>Nucor (NYSE:NUE - Get Free Report)</span> had its price objective hoisted by stock analysts at Wells Fargo &amp; Company  from $176.00 to $184.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an &#34;overweight&#34; rating on the basic materials company's stock. Wells Fargo &amp; Company's target price indicates a potential upside of 7.51% from the company's previous close.</p><ul><li>5 Surprising Stocks Set to Benefit From a Future Robotics Boom</li></ul><p>Other analysts have also recently issued research reports about the stock. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Nucor in a research note on Monday, December 29th. The Goldman Sachs Group lifted their target price on Nucor from $182.00 to $196.00 and gave the company a &#34;buy&#34; rating in a research note on Friday, January 16th. Citigroup increased their price target on Nucor from $150.00 to $180.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, October 30th. JPMorgan Chase &amp; Co. upped their price objective on shares of Nucor from $175.00 to $200.00 and gave the company an &#34;overweight&#34; rating in a research report on Friday, December 5th. Finally, BNP Paribas Exane increased their price objective on Nucor from $165.00 to $185.00 and gave the stock an &#34;outperform&#34; rating in a report on Friday, January 2nd. Eight research analysts have rated the stock with a Buy rating and three have issued  a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $179.36.</p><p><b>Check Out Our Latest Analysis on NUE</b></p><h2>Nucor Stock Performance</h2><ul><li>3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending</li></ul><p>Shares of NYSE:NUE traded down $2.44 during trading on Wednesday, hitting $171.14. 408,568 shares of the company traded hands, compared to its average volume of 1,736,974. The company has a quick ratio of 1.51, a current ratio of 2.77 and a debt-to-equity ratio of 0.30. The business's fifty day moving average is $164.79 and its 200-day moving average is $150.00. The stock has a market capitalization of $39.17 billion, a price-to-earnings ratio of 22.75, a PEG ratio of 0.97 and a beta of 1.87. Nucor has a one year low of $97.59 and a one year high of $183.32. </p><p>Nucor (NYSE:NUE - Get Free Report) last released its quarterly earnings data on Monday, January 26th. The basic materials company reported $1.73 earnings per share for the quarter, missing the consensus estimate of $1.91 by ($0.18). The company had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.93 billion. Nucor had a return on equity of 8.32% and a net margin of 5.37%.The business's revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.22 earnings per share.  As a group, equities analysts predict that  Nucor will post 7.64 earnings per share for the current fiscal year. </p><h2>Insider Buying and Selling</h2><ul><li>Buffett Makes Big Moves Outside of UNH: A Buy and Sell Breakdown</li></ul><p>In related news, EVP Thomas J. Batterbee sold 2,000 shares of the stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $165.28, for a total transaction of $330,560.00. Following the completion of the sale, the executive vice president directly owned 17,952 shares in the company, valued at $2,967,106.56. This represents a 10.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Stephen D. Laxton sold 2,003 shares of the stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $151.57, for a total transaction of $303,594.71. Following the sale, the chief financial officer directly owned 88,174 shares of the company's stock, valued at $13,364,533.18. The trade was a 2.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 25,995 shares of company stock valued at $3,990,634 over the last three months. 0.71% of the stock is owned by corporate insiders. </p><h2>Institutional Investors Weigh In On Nucor</h2><p>Hedge funds have recently made changes to their positions in the company. Berkshire Hathaway Inc purchased a new stake in  Nucor in the second quarter worth about $856,792,000.  Norges Bank purchased a new stake in  Nucor in the second quarter worth approximately $479,858,000.  Greenwich Wealth Management LLC purchased a new stake in  Nucor during the second quarter valued at $123,145,000.  Massachusetts Financial Services Co. MA bought a new position in  Nucor in the second quarter worth approximately $105,435,000.  Finally, AQR Capital Management LLC grew its stake in shares of  Nucor by 580.9% during the 2nd quarter. AQR Capital Management LLC now owns 653,845 shares of the basic materials company's stock valued at $84,699,000 after acquiring an additional 557,819 shares during the period. 76.48% of the stock is currently owned by institutional investors. </p><h2>About Nucor</h2> (Get Free Report)<p>Nucor Corporation <span>NYSE: NUE<span></span></span> 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.  </p><p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Nucor</li><li>America's Next Power Move Starts Underground</li><li>Your Signature Is Missing – Act Before It’s Too Late</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Refund From 1933: Trump’s Reset May Create Instant Wealth</li><li>Buy this Gold Stock Before May 2026</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5VRQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5VRQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Nucor Right Now?</h2><p>Before you consider Nucor, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nucor wasn't on the list.</p><p>While Nucor currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Wells Fargo & Company has raised its price target for Nucor (NYSE:NUE) from $176.00 to $184.00, maintaining an "overweight" rating. This suggests a potential upside of 7.51% from the previous close. Other analysts have also issued positive ratings, with Goldman Sachs increasing their target to $196.00 and Citigroup to $180.00. Nucor's stock is currently trading at $171.14, with a market cap of $39.17 billion and a P/E ratio of 22.75. The company reported earnings of $1.73 per share, missing estimates, but revenue increased by 8.6% year-over-year.</p>

Wells Fargo & Company Issues Positive Forecast for Nucor (NYSE:NUE) Stock Price