Barclays raises target for Nucor stock to USD 306

Published on 10/26/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nucor earned USD 4.87 per share in Q2 against USD 4.37 consensus. Nucor stock costs EUR 230.30 on October 26, 2026, down 0.65 percent versus Tradegate.

Analyst target and earnings

Barclays raised its Nucor target from USD 295.00 to USD 306.00 on October 19, 2026.
Nucor earned USD 4.87 per share in the second quarter against USD 4.37 consensus.
Nucor stock costs EUR 230.30 at Lang & Schwarz on October 26, 2026 at 5:10 p.m. CEST, 0.65 percent below the Tradegate close of October 23, 2026.
Nucor's third-quarter results were scheduled for October 26, 2026 after the NYSE close.

Nucor Corp, US6703461052, Illustration mit AI erstellt.

Barclays raised its price target for Nucor from USD 295.00 to USD 306.00 on October 19, 2026, while maintaining an Overweight rating, according to Markets Insider. At Lang & Schwarz, Nucor was trading at EUR 230.30 on October 26, 2026 at 5:10 p.m. CEST, down 0.65 percent versus the Tradegate close of October 23, 2026 at EUR 231.80.

Second-quarter earnings set the baseline

Nucor's second-quarter diluted earnings reached USD 4.87 per share against a USD 4.37 consensus estimate. Revenue was USD 10.40 billion, ahead of the USD 10.14 billion estimate, according to Investing.com on October 26, 2026. The comparison gives investors a concrete benchmark for the third-quarter report.

Stock remains below its yearly high

Nucor was last at USD 257.56 on the NYSE on October 26, 2026 at 12:18 p.m. ET. Its 52-week range was USD 139.21 to USD 280.11, and its market capitalization was USD 58.4 billion on the same date. The trailing price-to-earnings ratio was 20.55, while volume stood at 397,923 shares.

Valuation meets the reporting date

The Barclays target of USD 306.00 is 18.80 percent above the NYSE price of USD 257.56 on October 26, 2026. Nucor's third-quarter results were scheduled for October 26, 2026 after the NYSE close, with analysts expecting USD 5.80 in earnings per share and USD 10.83 billion in revenue, according to Investing.com.

Comparison with peers

Nucor Corp: down 0.65 percent, P/E 20.55, market capitalization USD 58.4 billion.

Steel Dynamics (NYSE, USD): down 0.65 percent, P/E 17.72, market capitalization USD 34.4 billion.

Cleveland-Cliffs (NYSE, USD): up 0.47 percent, P/E minus 15.52, market capitalization USD 8.0 billion.

Price and target in perspective

The analyst target and the latest quarterly benchmark put the stock between a higher valuation expectation and a still-cyclical earnings profile. The next results release is the immediate date for testing whether stronger steel pricing translated into the expected quarterly improvement.

The further course of trading is shown by the continuously updated real-time quote of Nucor stock.