1.7% Above Target

Wall Street's consensus price target for NUE is $239.57, -1.7% from its current price of $243.83. The below-market target from 32 analysts suggests limited near-term appreciation.

NUE has a consensus rating of "Buy" based on 32 Wall Street analysts. The rating breakdown is predominantly bullish, with 18 Buy/Strong Buy ratings. The consensus 12-month price target of $239.57 implies -1.7% downside from current levels.

With a forward P/E of 15.9863x, NUE trades at a relatively low valuation. The consensus target of $239.57 implies -1.7% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $283 for NUE, while the most conservative target is $180. The consensus of $239.57 represents the median expectation. Our quantitative valuation model projects a bull case target of $386 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

NUE is heavily covered by Wall Street, with 32 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 18 have Buy ratings, 11 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month NUE stock forecast based on 32 Wall Street analysts shows a consensus price target of $239.57, with estimates ranging from $180 (bear case) to $283 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $293, with bear/bull scenarios of $184/$386.

Our quantitative valuation model calculates NUE's fair value at $293 (base case), with a bear case of $184 and bull case of $386. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.

NUE trades at a forward P/E ratio of 16.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 32.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on NUE, with 3 Sell ratings and a price target of $239.57 (-1.7% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

NUE analyst price targets range from $180 to $283, a 43% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $239.57 consensus represents the middle ground. Our model's $184-$386 range provides an independent fundamental perspective.