Added to YB: 2026-04-28
Pitch date: 2026-04-24
NUE [neutral]
Nucor Corporation
+0.43%
current return
Author Info
Earnings Edge shares detailed earnings previews and recaps delivered lightning fast. Sign up for the newsletter.
Company Info
Nucor Corporation engages in the manufacture and sale of steel and steel products. The company operates in three segments: Steel Mills, Steel Products, and Raw Materials.
Market Cap
$48.8B
Pitch Price
$214.08
Price Target
213.00 (-1%)
Dividend
1.05%
EV/EBITDA
12.96
P/E
28.50
EV/Sales
1.68
Sector
Metals and Mining
Category
growth
Earnings Edge for Monday: Setup for Nucor Corporation
NUE (overview): Largest N.A. EAF steelmaker benefiting from 50% Section 232 tariffs pushing import share <15%. Consensus 2026 EPS $12.57 (+63% YoY) on pricing & 5% shipment growth. $20B capex cycle completing, W.Virginia auto-grade sheet mill adds $500M EBITDA by YE26. FCF inflects to $1.3B+ (from negative) as capex drops to $2.5B; $4B buyback active. Risks: tariff durability (USMCA renegotiation July 26), demand softness, 15x fwd PE near $192.80 mean PT limits upside. Bear case $138 if tariffs cut to 25%.
Read full article (2 min)