---
title: "Weekly Recap | Nucor -10.55%, most brokers rate it buy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304724083.md"
description: "Nucor (NUE) fell 10.55% this week to close at $244.97, lagging the S&P 500 by roughly 7.87 percentage points. The stock opened the week strong, touching $287.70 on Monday, then drifted lower through Friday. Wednesday broke below $260, Thursday saw a heavier drop to $245.68, and Friday marked the week’s low at $244.64. Weekly amplitude reached 15.54% and turnover picked up, with average daily volume running 75.4% above its median."
datetime: "2026-11-07T08:34:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304724083.md)
  - [en](https://longbridge.com/en/news/304724083.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304724083.md)
generator: "portal-rs"
---

# Weekly Recap | Nucor -10.55%, most brokers rate it buy

## The Week

Nucor (NUE) fell 10.55% this week to close at $244.97, lagging the S&P 500 by roughly 7.87 percentage points. The stock opened the week strong, touching $287.70 on Monday, then drifted lower through Friday. Wednesday broke below $260, Thursday saw a heavier drop to $245.68, and Friday marked the week’s low at $244.64. Weekly amplitude reached 15.54% and turnover picked up, with average daily volume running 75.4% above its median.

## Key Events

The week’s news flow mixed rating and insider activity. Freedom Broker upgraded Nucor to buy from hold on Monday, and the shares rose more than 4% intraday. Several insiders then disclosed sales: EVP Allen C. Behr reported a $3.23 million disposal, President and COO Stephen D. Laxton reported a $2.9 million disposal, and insider Michael Keller sold 1,136 shares. Integrity Alliance LLC disclosed a stake increase on Thursday. The gains from the upgrade did not hold; the stock fell more than 4% intraday on Wednesday and kept sliding into Friday, with insider selling and price weakness appearing in the same stretch.

## Analyst Ratings

Eighteen analysts cover Nucor: 11 at buy, 3 at overweight, 2 at hold, 1 at underweight, 1 at sell, and 1 with no opinion. Consensus rating stands at buy, with a consensus target of $295.875, about 20.78% above the latest close. Targets range from $226 to $335, showing wide dispersion. Nucor ranks 2nd among 20 peers in its industry.

## The Week Ahead

Macro data dominates next week. US CPI and core CPI land on Tuesday, 10 November, with core CPI expected at 2.8% versus 2.6% prior; NFIB small business optimism also arrives the same day. Steel names tend to be sensitive to macro prints, and a hotter CPI reading could pressure the tape. Nucor’s next earnings, Q4 FY2026, is not due until 28 January 2027, so no near-term company catalyst is on the calendar.

## In Short

This week’s picture is one of tension between valuation and price action. The consensus target points to upside, yet the stock dropped sharply, insider sales stacked up, and volume expanded on the way down. The next test is how CPI feeds into rate expectations, and whether the divergence between broker targets and tape narrows at some level.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [NUE.US](https://longbridge.com/en/quote/NUE.US.md)

## Related News & Research

- [Nucor Corporation $NUE Stake Boosted by Integrity Alliance LLC.](https://longbridge.com/en/news/304433644.md)
- [3,794 Nucor Corporation $NUE Shares Purchased by Soltis Investment Advisors LLC](https://longbridge.com/en/news/303854495.md)
- [Nucor Posts Strong Q3, Easily Beating Estimates](https://longbridge.com/en/news/303134045.md)
- [Nucor reports higher profit, revenue on steel mills strength](https://longbridge.com/en/news/303135094.md)
- [PRECIOUS-Gold  falls more than 2% as CPI tops forecasts, lifting dollar and yields](https://longbridge.com/en/news/305033325.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**