Nucor Corp (NUE) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of Nucor Corp stock $116, price $268, that is 56.5% below the price, quality 60 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
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Nucor Corp
NUE · USOur calculation puts a fair price 57% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range $86.89 – $277.65 · fair‑value band $81.55 – $151.44 · the $267.91 price screens above the $116.49 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Company profile
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.
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The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products.
This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico, as well as engages in the steel trading and rebar distribution businesses.
The Steel Products segment offers steel joists and joist girders, steel decks, and galvanized torque tubes for use in solar arrays, hollow structural section steel tubing, electrical conduit, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded metal, wire and wire mesh, metal building systems, insulated metal panels, steel racking, overhead doors, and utility towers and structures for communications and energy transmission.
This segment is also involved in the piling distribution business.
The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; processes ferrous and nonferrous scrap metal; and engages in the natural gas production and industrial gas business.
This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals.
Nucor Corporation was founded in 1905 and is based in Charlotte, North Carolina.
Stock analysis
Nucor Corp (NUE) currently trades at $267.91, while our model-based Fair Value estimate is $116.49, 57% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $130.94 per share, and 0 of the 16 models we run sit above the $267.91 price.
Bear case: the Dividend Discount group reads lowest at $28.29, and 16 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $81.55 (bear) to $151.44 (bull), the price of $267.91 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Nucor Corp reported revenue of $32.5B in FY2025 versus $36.5B in FY2021, a compound −2.9%/yr. Reported net income was $1.7B in FY2025, compounding −28.9%/yr from FY2021.
Key figures
Market cap $61.2B Large · P/E ratio 21.9 · P/S ratio 1.70 · EPS (TTM) $12.23 · Dividend yield 0.8% · Net margin 8.0% · Return on equity 14.6% · Return on assets (EBIT) 20.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 4% below its 52-week high and 90% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −35% fair-value upside, at −57%, NUE screens richer than that median.
Fair Value models
All 16 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 9 officers or directors sold shares worth $37.6M and none bought.
- SaleStephen D LaxtonPresident and COO2× since Jul 30, 2026: 14,528 shares, avg. $270.06$3.9MNov 3, 2026
- SaleMichael D KellerVice Pres. and Corp. Contro2× since May 4, 2026: 5,690 shares, avg. $236.54$1.3MNov 2, 2026
- SaleAllen C BehrExecutive Vice President5× since Dec 19, 2025: 50,699 shares, avg. $224.09$11.4MOct 29, 2026
- SaleNoah C HannersExecutive Vice President2× since May 1, 2026: 11,662 shares, avg. $248.10$2.9MOct 29, 2026
- SaleLeon J TopalianChair and CEO4× since Dec 19, 2025: 94,500 shares, avg. $227.26$21.5MAug 14, 2026
- SaleThomas J. BatterbeeExecutive Vice President2× since Dec 23, 2025: 6,000 shares, avg. $229.11$1.4MAug 3, 2026
- SaleJohn J HollatzExecutive Vice President2× since Nov 12, 2025: 17,560 shares, avg. $215.17$3.8MJun 3, 2026
- SaleKenneth Rex QueryExecutive Vice President2× since Feb 11, 2026: 20,981 shares, avg. $231.71$4.9MJun 1, 2026
- SaleRandy J SpicerExecutive Vice President2,500 shares at $225.00$562,500May 18, 2026
- SaleBradley FordExecutive Vice President2,240 shares at $232.13$519,962May 5, 2026
Plus 2 more entries from the last 12 months.
Plus 28 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 4, 2026. All filings at the SEC ↗
Revenue & earnings trend
NUE screens overvalued: fair value 57% below the price. Compare with ArcelorMittal S.A →
Recent news
- Global Metal Recycling Market Opportunities and Strategies to 2035 | Capitalize on $707.96 Billion Industry with Nucor, Commercial Metals Co
- Nucor Q3 Earnings Call Highlights Strong Demand and 2027 Growth
Compare Nucor Corp with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Steel · 408 stocks
Valuation Multiplesvs Steel median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- PEG ratio by industry
- Revenue growth by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Steel stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Baoshan Iron & Steel Co 600019 | ¥6.08 | ¥8.07 | +33% | vs NUE |
| POSCO Holdings PKX | $51.60 | $44.73 | −13% | vs NUE |
| Tata Steel Limited TATASTEEL | ₹182.00 | ₹148.06 | −19% | vs NUE |
| JSW Steel Limited JSWSTEEL | ₹1,356 | ₹1,029 | −24% | vs NUE |
| ArcelorMittal S.A MT | €54.50 | €35.48 | −35% | vs NUE |
| Reliance, Inc RS | $441.95 | $211.54 | −52% | vs NUE |
| Jindal Steel Limited JINDALSTEL | ₹1,150 | ₹516.03 | −55% | vs NUE |
| Lloyds Metals and Energy Limited LLOYDSME | ₹1,811 | ₹770.98 | −57% | vs NUE |
| Steel Dynamics, Inc STLD | $240.12 | $89.54 | −63% | vs NUE |
| Inner Mongolia Baotou Steel Union Co 600010 | ¥2.03 | ¥0.5400 | −73% | vs NUE |
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Key figures of Nucor Corp
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