Nucor Corporation ($NUE) Stock Forecast: Up 2.7% Today

What is Nucor Corporation?

Nucor Corporation (NYSE: NUE) is a leading American steel production company, known for its innovative and sustainable practices in the industry. Today, NUE experienced a strong bullish movement in the stock market.

Why is Nucor Corporation going up?

NUE stock is up 2.7% on Jan 28, 2025 15:45

• Nucor (NUE) exceeded Q4 earnings and revenue estimates, with a substantial earnings surprise of 90.63% and revenue beat of 7.24%.
• Despite a 2% decline in steel shipments, Nucor reported improving market conditions, which likely contributed to the positive investor sentiment.
• The positive financial results and outlook for Nucor could have driven the bullish movement in the stock, as investors might be encouraged by the company's performance and resilience in a challenging market environment.

NUE Price Chart

NUE Technical Analysis

NUE News

Boeing, General Motors And 3 Stocks To Watch Heading Into Tuesday - Brown & Brown ( NYSE:BRO ) , Boeing ( NYSE:BA )

With U.S. stock futures trading mixed this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects General Motors Co. GM to report quarterly earnings at $1.86 per share on revenue of $43.61 billion before the opening bell, according to data ...

https://www.benzinga.com/news/earnings/25/01/43258571/boeing-general-motors-and-3-stocks-to-watch-heading-into-tuesday

Nucor ( NUE ) Surpasses Q4 Earnings and Revenue Estimates

Nucor (NUE) delivered earnings and revenue surprises of 90.63% and 7.24%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2404183/nucor-nue-surpasses-q4-earnings-and-revenue-estimates

Nucor Q4 Earnings: Revenue Beat, EPS Beat, Steel Shipments Down 2%, Market Conditions 'Starting To Improve' - Nucor ( NYSE:NUE )

Nucor reports fourth-quarter revenue of $7.08 billion, beating analyst estimates of $6.76 billion. Nucor reports fourth-quarter earnings of $1.22 per share, beating analyst estimates of 65 cents per share. Nucor Corp NUE reported fourth-quarter financial results after the market close on Monday.

https://www.benzinga.com/news/earnings/25/01/43253829/nucor-q4-earnings-revenue-beat-eps-beat-steel-shipments-down-2-market-conditions-starting-to-improv

How To Earn $500 A Month From Nucor Stock Ahead Of Q4 Earnings - Nucor ( NYSE:NUE )

A more conservative goal of $100 monthly dividend income would require 545 shares of Nucor. An investor would need to own $333,158 worth of Nucor to generate a monthly dividend income of $500. Get Wall Street's Hottest Chart Every Morning

https://www.benzinga.com/news/earnings/25/01/43229665/how-to-earn-500-a-month-from-nucor-stock-ahead-of-q4-earnings

AT&T, Nucor And 3 Stocks To Watch Heading Into Monday - Northrim BanCorp ( NASDAQ:NRIM ) , Brown & Brown ( NYSE:BRO )

With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects AT&T Inc. T to report quarterly earnings at 50 cents per share on revenue of $32.04 billion before the opening bell, according to data from ...

https://www.benzinga.com/25/01/43221604/att-nucor-and-3-stocks-to-watch-heading-into-monday

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Nucor Corporation Price History

22.09.2024 - NUE Stock was down 6.3%

• Nucor's stock experienced a strong bearish movement following the release of its Q3 financial results and weak Q4 earnings guidance.
• The decline in NUE's earnings in the third quarter was primarily attributed to lower average selling prices in the steel industry.
• Despite the recent bearish trend, Nucor has historically outperformed the market over the past 20 years, showcasing its long-term growth potential.
• Investors were closely watching Nucor's earnings report, with analysts expecting a significant decrease in quarterly earnings compared to the previous year, contributing to the negative market sentiment surrounding the stock.

06.10.2024 - NUE Stock was up 17.7%

• Despite insider selling by REX KENNETH QUERY, Nucor stock saw a strong bullish movement.
• Normally, insider selling raises concerns among investors, but in this instance, it did not negatively impact the stock.
• The positive market movement may be due to favorable market sentiment towards the steel industry or external factors increasing demand for steel products.
• Investors could be viewing the insider selling as a personal financial choice rather than a reflection of Nucor's business outlook, resulting in an overall positive market response.

19.11.2024 - NUE Stock was down 5.2%

• Nucor projects a decline in Q4 earnings due to lower selling prices and volumes in the steel mills segment.
• The company's Q4 guidance fell short of expectations, with expected EPS significantly lower than the consensus.
• The bearish movement in NUE's stock price can be attributed to the steel slowdown affecting the company's profitability outlook for the fourth quarter.
• Overall, the market reacted negatively to Nucor's lower earnings forecast, leading to a slide in the stock price as investors adjusted their expectations based on the company's guidance.

12.10.2024 - NUE Stock was down 5.0%

• Leon Topalian, Chair at Nucor, selling a significant amount of company stock may have signaled lack of confidence in the company's future performance, leading to a bearish movement.
• Insider selling can sometimes be perceived as a negative signal by investors, causing a drop in the stock price as confidence wavers.
• This sell-off could have contributed to the overall bearish movement in Nucor's stock today, as investors may have followed suit in light of this insider action.

28.00.2025 - NUE Stock was up 2.7%

• Nucor (NUE) exceeded Q4 earnings and revenue estimates, with a substantial earnings surprise of 90.63% and revenue beat of 7.24%.
• Despite a 2% decline in steel shipments, Nucor reported improving market conditions, which likely contributed to the positive investor sentiment.
• The positive financial results and outlook for Nucor could have driven the bullish movement in the stock, as investors might be encouraged by the company's performance and resilience in a challenging market environment.

12.11.2024 - NUE Stock was down 5.2%

• Despite Nucor increasing its quarterly dividend for the 52nd consecutive year, the stock saw a bearish movement.
• The bearish trend could be attributed to the broader market gains, causing investors to shift focus away from dividend-yielding stocks like Nucor.
• Analyst downgrades on other companies in the sector may have influenced market sentiment, indirectly impacting Nucor's stock performance.
• The negative movement in Nucor's stock price could also be a result of profit-taking by investors after a period of sustained growth in the stock.

15.02.2024 - NUE Stock was up 3.5%

• Nucor's lower-than-expected Q1 profit guidance initially led to a downgrade, causing some uncertainty among investors.
• Despite the downgrade, smart money seems to be betting big on NUE options, indicating a bullish outlook by institutional or wealthy individual investors.
• The recent upgrade of Nucor by a major financial institution, while downgrading another steel company, further supports the bullish sentiment towards NUE, as analysts remain optimistic about the mid-term prospects for the steel industry.
• The combination of positive analyst outlook, smart money betting on NUE options, and the overall market sentiment towards the steel industry likely contributed to the strong bullish movement in Nucor's stock.

23.03.2024 - NUE Stock was down 7.1%

• Nucor's stock showed strong bearish movement.
• Earnings in Nucor's steel mills unit increased sequentially in Q1.
• Shares of Nucor and Cleveland-Cliffs both decreased due to earnings misses and reduced demand for steel from key customers.
• The bearish movement in Nucor's stock was influenced by earnings misses and decreased demand for steel from key customers, despite exceeding revenue estimates in Q1.

31.00.2024 - NUE Stock was up 6.9%

• Nucor's stock was upgraded from a hold rating to a buy rating by StockNews.com.
• Nucor CEO, Leon Topalian, discussed the steel industry and the company's earnings report with CNBC's Jim Cramer.
• Deutsche Bank analyst Omotayo Okusanya initiated coverage on Sabra Health Care REIT with a Buy rating, which may have positively impacted Nucor's stock.
• The CEO of TimkenSteel Corporation sold shares, which is unrelated to Nucor's bullish movement.

18.11.2023 - NUE Stock was up 4.5%

• Nucor's rating was downgraded from "buy" to "hold" by StockNews.com, but this did not impact the stock's bullish movement.
• Nucor announced a 5.9% increase in its quarterly dividend, which could have contributed to the positive market movement.
• Steel Dynamics, another steel company, experienced a surge in its stock price following positive remarks about steel price increases, which could have had a spillover effect on Nucor's stock.
• Nucor provided disappointing fourth-quarter guidance, but the market remained stable as investors focused on future prospects.

23.03.2024 - NUE Stock was down 5.8%

• Nucor's stock witnessed significant bearish movement post its first-quarter financial results announcement, which did not meet analyst expectations.
• The decrease in selling prices and a pessimistic outlook shared by Nucor were factors influencing the stock's decline.
• Falling short of EPS estimates and revealing a drop in year-over-year profits further contributed to the negative perception surrounding Nucor's stock.
• The combination of varying Q1 results, reduced selling prices, and missed revenue and earnings projections likely fueled the downward trend in Nucor's stock price.

03.03.2024 - NUE Stock was down 0.1%

• Nucor's acquisition of Southwest Data Products, Inc. (SWDP) for $115 million and the launch of Nucor Data Systems signals the company's strategic expansion into the data center infrastructure market.
• The market's bearish movement today could be attributed to profit-taking by investors after Nucor's stock reached $200, reflecting a +1.06% change compared to its last close.
• While the acquisition positions Nucor as a key supplier in the data center infrastructure market, investors may be cautious due to uncertainties surrounding the integration of SWDP and the potential impact on Nucor's core steel-centric ventures.
• The focus on stable income dividend stocks in the market may have also influenced investor sentiment towards Nucor, as they assess the company's ability to maintain consistent dividend payments amidst its strategic diversification efforts.