Nucor Corporation ($NUE) Stock Forecast: Down 5.1% Today

What is Nucor Corporation?

NUE is a leading steel company that manufactures and sells steel products in the United States. The steel industry has been facing challenges due to global trade tensions and fluctuating demand.

Why is Nucor Corporation going down?

NUE stock is down 5.1% on Apr 10, 2025 18:14

• The bearish movement in NUE could be attributed to the recent praise for President Trump's stance against Nippon Steel, hinting at possible trade tensions affecting the steel industry.
• Positive sentiments expressed towards Trump's actions by Cramer could have raised questions about the competitiveness of US steel companies like NUE amidst international trade disputes.
• The market reaction may be linked to uncertainties around the acquisition of United States Steel Corp by Nippon Steel Corporation, indicating cautious investor sentiment within the steel sector.

NUE Price Chart

NUE Technical Analysis

NUE News

Cramer Praises Trump For Pushback On Nippon 'Dumper' Steel, Calls The Block A 'Smart Move' - Nippon Steel ( OTC:NISTF ) , Nippon Steel ( OTC:NPSCY )

CNBC host Jim Cramer cheered President Donald Trump's latest comments on the long-pending acquisition of United States Steel Corp. X by Nippon Steel Corporation NPSCY NISTF

https://www.benzinga.com/markets/25/04/44727180/cramer-praises-trump-for-pushback-on-nippon-dumper-steel-calls-the-block-a-smart-move

Trending Today

MANTRA ($OM) Crypto Forecast: Down 6.9% Today

JasmyCoin ($JASMY) Crypto Forecast: Down 6.9% Today

UnitedHealth Group Incorporated (DE) ($UNH) Stock Forecast: Down 22.4% Today

Snap-On Incorporated ($SNA) Stock Forecast: Down 7.1% Today

Devon Energy Corporation ($DVN) Stock Forecast: Up 5.0% Today

Dollar General Corporation ($DG) Stock Forecast: Up 5.1% Today

Leggett & Platt Incorporated ($LEG) Stock Forecast: Up 5.0% Today

Applovin Corporation ($APP) Stock Forecast: Up 5.0% Today

fuboTV Inc. ($FUBO) Stock Forecast: Up 5.2% Today

Solana ($SOL) Crypto Forecast: Up 6.1% Today

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.

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.

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.

10.03.2025 - NUE Stock was down 5.1%

• The bearish movement in NUE could be attributed to the recent praise for President Trump's stance against Nippon Steel, hinting at possible trade tensions affecting the steel industry.
• Positive sentiments expressed towards Trump's actions by Cramer could have raised questions about the competitiveness of US steel companies like NUE amidst international trade disputes.
• The market reaction may be linked to uncertainties around the acquisition of United States Steel Corp by Nippon Steel Corporation, indicating cautious investor sentiment within the steel sector.

03.02.2025 - NUE Stock was down 5.2%

• The bearish movement in NUE stock today could be attributed to profit-taking by investors after a recent 7.5% increase since the last earnings report.
• Investors might be concerned about the future earnings outlook for Nucor, leading to a sell-off in the stock.
• Market sentiment towards the steel industry as a whole may have turned negative due to factors such as global trade tensions or a slowdown in construction and infrastructure projects.
• The overall bearish trend in the stock could also be influenced by broader market conditions or sector-specific challenges impacting Nucor's performance.

21.02.2025 - NUE Stock was down 5.9%

• Nucor projects a decline in Q1 earnings due to lower selling prices, indicating a challenging environment for the company's profitability.
• Despite the bearish market movement, there is a bullish stance observed among investors with significant capital, as reflected in the options trading activity. This divergence in sentiment could suggest differing perspectives on the company's future performance and market conditions.
• The bearish movement in NUE's stock price today may be a result of investors reacting to the projected earnings decline and the broader impact of weaker selling prices on the company's financial outlook.
• The contrasting views between projected earnings decline and bullish options trading activity highlight the complexity and uncertainty surrounding Nucor's current market position and future prospects.

21.02.2025 - NUE Stock was down 5.1%

• The decline in Nucor's stock today could be linked to profit-taking by traders following a period of notable price increase. The options market, which previously exhibited a positive outlook on Nucor, may have encountered a shift in sentiment or market dynamics, resulting in the drop in the stock price.