Nucor Corporation ($NUE) Stock Forecast: Down 5.0% Today

What is Nucor Corporation?

Nucor Corporation (NUE) is a leading American steel producer, with a diverse range of products serving various industries. The company has been experiencing positive momentum in the market.

Why is Nucor Corporation going down?

NUE stock is down 5.0% on Jun 18, 2026 16:27

• Nucor's stock experienced a bearish movement despite the company's strong guidance and positive earnings forecasts for the second quarter.
• The bullish outlook provided by Nucor, with higher earnings expectations and increased profits across all operating segments, did not translate into a positive market response.
• The market movement could be attributed to broader economic factors or unexpected industry challenges that overshadowed Nucor's optimistic projections.
• Investors might be reacting to external pressures such as global trade policies, geopolitical tensions, or concerns about steel demand, leading to the bearish movement in Nucor's stock price.

NUE Price Chart

NUE Technical Analysis

NUE News

Nucor guides to higher earnings in second quarter

Nucor anticipates higher earnings for the second quarter, both sequentially and year-over-year, with all operating segments expecting increased profits. The steel mills segment is projected to see the most significant boost due to higher average selling prices and stable volumes, along with a benefit from raw material procurement cost refunds. The company’s guidance also includes a non-cash benefit from its investment in fusion energy company Helion.

https://www.steelmarketupdate.com/2026/06/18/nucor-guides-to-higher-earnings-in-second-quarter/

Zacks Industry Outlook Highlights Nucor, Ternium, Gerdau and L.B. Foster

The Zacks Steel Producers industry is projected to perform well due to rising steel prices, strong non-residential construction, and recovering automotive demand. Companies like Nucor Corp. (NUE), Ternium S.A. (TX), Gerdau S.A. (GGB), and L.B. Foster Co. (FSTR) are expected to benefit from these trends, despite concerns about sluggish demand in China. The industry holds a high Zacks Industry Rank, indicating bright near-term prospects.

https://uk.finance.yahoo.com/news/zacks-industry-outlook-highlights-nucor-062500978.html

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This article provides an earnings forecast for Ramaco Resources Inc (METC), highlighting its current earnings forecast score, analyst ratings, and price targets. Analysts have set an average price target of $42.00, with a consensus leaning towards a "Buy" rating. The article also includes expected future revenue and EPS.

https://www.tradingkey.com/markets/stocks/nasdaq-metc/earnings

Nucor forecasts strong Q2 2026 earnings growth across segments

Nucor Corporation expects substantial earnings growth in Q2 2026, driven by higher prices and volumes across all operating segments. The company projects GAAP earnings per diluted share between $4.70 and $4.80, with an adjusted EPS of $4.50 to $4.60 after excluding a non-cash gain from its Helion investment. Nucor is also actively returning capital to shareholders through share repurchases and dividends, with results to be released on July 27, 2026.

https://scanx.trade/stock-market-news/companies/nucor-expects-q2-2026-earnings-growth-across-all-segments/43275087

Nucor forecasts second-quarter profit above estimates on firmer prices, volumes

Nucor Corp expects second-quarter adjusted profit to be between $4.50 and $4.60 per share, surpassing Wall Street's average estimate of $4.27. This positive outlook is driven by higher average selling prices and robust volumes in its steel mills segment. The company attributes firmer steel prices to supportive trade policies, geopolitical tensions, and planned mill maintenance.

https://www.bitget.com/amp/news/detail/12560605465440

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Nucor Corporation Price History

18.05.2026 - NUE Stock was down 5.0%

• Nucor's stock experienced a bearish movement despite the company's strong guidance and positive earnings forecasts for the second quarter.
• The bullish outlook provided by Nucor, with higher earnings expectations and increased profits across all operating segments, did not translate into a positive market response.
• The market movement could be attributed to broader economic factors or unexpected industry challenges that overshadowed Nucor's optimistic projections.
• Investors might be reacting to external pressures such as global trade policies, geopolitical tensions, or concerns about steel demand, leading to the bearish movement in Nucor's stock price.

03.01.2026 - NUE Stock was up 5.4%

• Nucor's stock experienced a bullish movement due to strong pricing in flat and long products, despite missing Q4 earnings expectations.
• Analysts have set price targets up to $200 for Nucor, reflecting investor confidence in the company's growth potential.
• The global Open Web Steel Joist Market's projected growth also positively impacts Nucor's stock performance, showcasing potential opportunities in emerging markets.
• Despite challenges like steel price volatility and higher costs impacting margins, Nucor's strategic positioning in the steel industry and pricing strength continue to drive its share gains.

08.03.2026 - NUE Stock was up 5.1%

• Nucor Corp.'s stock outperformed competitors today, breaking a two-day losing streak, as it rose by 2.16% to $173.26. This bullish movement can be attributed to several factors:
• The company's extension of price hikes for hot-rolled coil into the 12th week indicates strong demand and pricing power in the market, driven by factors such as robust domestic scrap costs and limited import volumes due to steel tariffs.
• The news about ArcelorMittal Kryvyi Rih losing steel exports due to the EU's Carbon Border Adjustment Mechanism (CBAM) could have positively impacted Nucor Corp. as it faces less competition in the market.
• The overall positive sentiment in the steel industry, as highlighted by the projected growth of the Graphite Electrode Market and Nucor's focus on sustainable steelmaking practices, may have also contributed to NUE's bullish movement today.

13.01.2026 - NUE Stock was down 7.0%

• The recent bearish movement in Nucor's stock could be linked to investors taking profits following a peak of $193.53 in the past year.
• While Nucor has shown strong performance and steady dividend payouts, the market's response may stem from the company's underperformance in Q4 2025 earnings compared to expectations.
• Anticipation of increased merger and acquisition activities in the U.S. metals sector due to steel tariffs implemented by President Trump might have also impacted market sentiment, creating uncertainty around Nucor's future growth.
• Some investors seem wary of Nucor's current valuation, with certain analysts suggesting the stock might be slightly overvalued based on InvestingPro's Fair Value assessment.

01.03.2026 - NUE Stock was up 5.3%

• Nucor Corporation (NUE) experienced a strong bullish movement today, gaining 2.99% and closing at $169.10.
• The bullish trend can be attributed to an increase in stake by Allspring Global Investments Holdings LLC, reflecting confidence in the company's growth prospects.
• Nucor's announcement of a $4.00 billion share buyback and a quarterly dividend of $0.56 per share also contributed to the positive sentiment among investors.
• Analysts' favorable ratings and a consensus target price of $188.90 further bolstered investor optimism, positioning Nucor as a promising investment option for good returns.

28.03.2026 - NUE Stock was up 5.3%

• Nucor reported strong first-quarter earnings, surpassing Wall Street estimates, driven by higher pricing and robust steel demand, especially with the impact of tariffs on steel imports.
• Analysts at BMO Capital and UBS adjusted their price targets for Nucor following the upbeat results, with BofA Securities raising its price target to $250, citing strong earnings and sustained demand from various sectors.
• Despite the positive performance, UBS downgraded Nucor to Neutral due to valuation concerns, aligning with a broader trend of some analysts adjusting their ratings for various companies in the market.
• The bullish movement in Nucor's stock could also be attributed to the company's strategic positioning in the steel sector, aligning with the growing demand for green steel and U.S. infrastructure spending, which is reflected in the positive sentiment from analysts and investors.

27.00.2026 - NUE Stock was down 5.4%

• Nucor (NUE) shares dropped over 3% in after-hours trading due to a Q4 earnings miss, with adjusted EPS falling short of expectations, attributed to impairments, lower volumes, and margin pressure.
• Despite the full-year 2025 net earnings declining by 14%, the company forecasts a Q1 2026 earnings improvement, driven by higher volumes and stable pricing, indicating a potential recovery in the upcoming quarter.
• Insider selling has been noted, with executives divesting shares totaling nearly $4 million in the last quarter, possibly adding to the negative market sentiment surrounding Nucor.
• The positive outlook for 2026, citing robust demand, strong backlogs, and the impact of completed projects, may provide a silver lining for investors, hinting at a potential turnaround in the company's performance.

12.05.2026 - NUE Stock was up 5.2%

• The surge in Nucor Corp's stock was influenced by strong first-quarter earnings that surpassed expectations, along with the announcement of a quarterly cash dividend, signaling robust investor confidence in the company's performance.
• Despite potential worries about overvaluation suggested by GuruFocus's GF Value, the stock continued its upward trajectory, possibly driven by positive market sentiment towards the steel industry.
• The broader rally in the sector, exemplified by notable gains in companies like Cleveland-Cliffs, indicates a general positive shift in investor sentiment towards steel producers, likely supported by improving pricing and demand forecasts.
• Nucor Corp's performance lag compared to its 52-week high during a day of overall market gains may be due to profit-taking by investors or concerns regarding the stock's valuation, as highlighted by the GF Value assessment.