Nucor Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga Earnings10-26 19:35

Nucor Corporation (NYSE:NUE) will release earnings for its third quarter after the closing bell on Monday, Oct. 26.

Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings of $5.83 per share, compared to $2.63 per share in the year-ago period. The consensus estimate for NUE’s quarterly revenue is $10.79 billion. It reported $8.52 billion last year, according to Benzinga Pro.

On Oct. 20, Nucor announced plans to invest $60 million to expand its Nucor Towers & Structures facility in Trinity, Alabama.

Nucor shares rose 0.02% to close at $258.11 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Barclays analyst Richard Garchitorena maintained an Overweight rating and raised the price target from $295 to $306 on Oct. 19, 2026. This analyst has an accuracy rate of 61%.
  • JP Morgan analyst Bill Peterson maintained an Overweight rating and cut the price target from $308 to $296 on Oct. 9, 2026. This analyst has an accuracy rate of 59%.
  • Keybanc analyst Samuel McKinney maintained an Overweight rating and lowered the price target from $288 to $286 on Oct. 5, 2026. This analyst has an accuracy rate of 62%.
  • Freedom Broker analyst Vitaly Kononov downgraded the stock from Buy to Hold and slashed the price target from $305 to $285 on Sept. 18, 2026. This analyst has an accuracy rate of 70%.
  • Wells Fargo analyst Timna Tanners maintained an Overweight rating and lowered the price target from $285 to $280 on Sept. 18, 2026. This analyst has an accuracy rate of 66%.

Considering buying NUE stock? Here’s what analysts think:

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