Nucor Corporation (NUE) earnings on April 27, 2026
More Nucor Corporation earnings
Prior outlook: Optimistic Outcome: Accurate
The stock performed well after its earnings report, climbing over 6% at its best level and ending up nearly 5%. This happened even though some investors were worried the price might drop after the news.
NUE price around the earnings
225.04
Change: +4.7%
2026-04-28, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
Strong run-up, but high risk of selling after earnings.
The stock has seen a significant price increase recently, supported by analyst upgrades. However, its current price is near a resistance level, suggesting a high risk of a price drop after the earnings report.
Context analyzed before publication
- Summary
- Strong run-up, but high risk of a pessimistic scenario after earnings.
- Reasoning
- The stock has seen a significant price increase recently, supported by analyst upgrades. However, its current price is near a resistance level, suggesting a high risk of a pessimistic scenario after the earnings report.
- Playbook
- The stock's strong recent performance may lead to a 'sell-the-news' event after the earnings announcement.
- Trend
- Outlook weakening despite strong recent rally.
Analysts
Drivers
-
Analysts
Positive
Analyst sentiment is optimistic with a mean 'buy' rating and recent supportive actions, including Wells Fargo raising its price target to $213 and UBS upgrading to 'Buy'. However, the mean target price implies a -7.9% downside, capping upside asymmetry.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.67
- Analysts covering the stock
- 13
- Average price target
- 190.63
- Lowest price target
- 138.17
- Highest price target
- 225
- Upside to price target
- -7.9%
- Quarterly earnings growth
- 31.7%
- Revenue growth
- 8.6%
- Forward EPS
- 13.89
- Trailing EPS
- 7.52
- Analyst moves in the last 60 days
- 6
- Strong buy: 2
- Buy: 10
- Hold: 2
- Sell: 1
- Strong sell: 0
- Strong buy
- 2
- Buy
- 10
- Hold
- 2
- Sell
- 1
- Strong sell
- 0
- April 16, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- April 14, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- March 26, 2026 · UBS: Upgrades rating (Neutral → Buy)
- March 20, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- March 16, 2026 · UBS: Maintains rating (Neutral → Neutral)
- March 2, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
News and sentiment
Drivers
-
News & sentiment
Positive
News headlines are positive, highlighting analyst upgrades and macro factors like steel rules of origin discussions. This positive news flow aligns with the extreme optimistic price momentum, supporting the trend rather than diverging from it.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (6)
- Eli Lilly Goes Atomic—But This Isn't About AI Servers — Benzinga
- Wells Fargo Maintains Overweight on Nucor, Raises Price Target to $213 — Benzinga
- JP Morgan Maintains Overweight on Nucor, Raises Price Target to $212 — Benzinga
- UBS Upgrades Nucor to Buy, Raises Price Target to $190 — Benzinga
- $1000 Invested In Nucor 5 Years Ago Would Be Worth This Much Today — Benzinga
- Keybanc Assumes Nucor at Sector Weight — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has experienced an extreme 30d price run-up of +21.43% (vs. SPY +4.12%) and is market review very close to its nearest resistance at $209.26. This creates a high 'pricing_in_risk' score of 0.9, indicating a significant 'sell-the-news' risk post-earnings.
Evidence
- Average true range (ATR)
- 2.4%
- Distance to 52-week high
- -1.1%
- 14-day change (14d)
- +19.1%
- 30-day change
- +21.4%
- 30-day relative strength
- +17.3%
- Benchmark change
- +4.1%
- Nearest support
- 155.36
- Nearest resistance
- 209.26
- Volume accumulation ratio
- 0.91
Trends
Evidence
- Average earnings surprise
- +8.7%
- January 26, 2026: actual EPS 1.73 vs estimate 1.81 (surprise -4.4%)
- October 27, 2025: actual EPS 2.63 vs estimate 2.16 (surprise +22.0%)
- July 28, 2025: actual EPS 2.65 vs estimate 2.64 (surprise +0.3%)
- April 28, 2025: actual EPS 0.77 vs estimate 0.66 (surprise +16.9%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.9%
- 75th percentile move
- 6%
- 90th percentile move
- 8.5%
- Up / down moves
- 13 / 6
- Average up move
- +4.7%
- Average down move
- -4.0%
Monitoring and close
What Nucor Corporation reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +4.7%
- Max favorable move (MFE)
- 6.6%
- Max adverse move (MAE)
- 0.7%