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Nucor (NUE, Steel) Stock Valuation & Fair Value Fairly valued

Nucor (NUE, Steel) trades at a blended P/E of 16.6, about 3% above its historical normal valuation, with a forward growth estimate of 9.8% and a PEG of 1.70. Analysts' one-year estimates have been hit 27% of the time.

DATA AS OF 2026-08-21
Blended P/E
16.6
Normal P/E
16.1
PEG
1.70
Fwd growth
9.8%
Div yield
0.9%
RSI (14)
55.4
Neutral

The Street vs SeerForecast

Wall Street's mean price target for NUE is $283.56 across 16 analysts, 16.4% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: fairly valued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from significantly overvalued (2026-06-03) to fairly valued (2026-08-21).

Price and rating by weekClose moved +4.6 percent from 2026-06-03 to 2026-08-17, with 5 rating changes over 21 recorded weeks.2026-06-03: Significantly overvalued, close 257.10 (recalculated)2026-06-10: Significantly overvalued, close 249.88 (recalculated)2026-06-14: Significantly overvalued, close 265.70 (recalculated)2026-06-16: Significantly overvalued, close 258.45 (recalculated)2026-06-21: Significantly overvalued, close 243.23 (recalculated)2026-07-02: Fairly valued, close 220.75 (recalculated)2026-07-06: Fairly valued, close 223.92 (recalculated)2026-07-09: Fairly valued, close 222.28 (recalculated)2026-07-12: Fairly valued, close 227.37 (recalculated)2026-07-13: Fairly valued, close 233.00 (recalculated)2026-07-14: Fairly valued, close 234.16 (recalculated)2026-07-20: Fairly valued, close 230.74 (recalculated)2026-07-22: Fairly valued, close 235.90 (recalculated)2026-07-25: Trading above fair value, close 247.56 (recalculated)2026-07-27: Trading above fair value, close 247.86 (recalculated)2026-07-31: Fairly valued, close 257.29 (recalculated)2026-08-03: Fairly valued, close 257.292026-08-07: Trading above fair value, close 272.63 (recalculated)2026-08-10: Trading above fair value, close 272.632026-08-14: Fairly valued, close 268.91 (recalculated)2026-08-17: Fairly valued, close 268.912572692026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 23.9+49%Significantly overvalued
2026-06-10P/E 24.0+49%Significantly overvalued
2026-06-14P/E 24.0+49%Significantly overvalued
2026-06-16P/E 24.0+49%Significantly overvalued
2026-06-21P/E 24.0+49%Significantly overvalued
2026-07-02P/E 18.7+16%Fairly valued
2026-07-06P/E 18.8+17%Fairly valued
2026-07-09P/E 18.8+17%Fairly valued
2026-07-12P/E 18.5+15%Fairly valued
2026-07-13P/E 18.5+15%Fairly valued
2026-07-14P/E 18.5+15%Fairly valued
2026-07-20P/E 19.0+18%Fairly valued
2026-07-22P/E 19.0+18%Fairly valued
2026-07-25P/E 19.6+22%Trading above fair value
2026-07-27P/E 19.6+22%Trading above fair value
2026-07-31P/E 18.8+17%Fairly valued
2026-08-03P/E 18.8+17%Fairly valued
2026-08-07P/E 19.6+21%Trading above fair value
2026-08-10P/E 19.6+22%Trading above fair value
2026-08-14P/E 19.3+20%Fairly valued
2026-08-17P/E 19.0+18%Fairly valued
2026-08-21P/E 16.6+3%Fairly valued ← now

Frequently asked questions

Is Nucor stock overvalued?

At a blended P/E of 16.6 versus its historical normal P/E of 16.1, Nucor trades about 3% above its typical valuation, with a PEG of 1.70 on 9.8% forward growth. tickerseer currently rates it fairly valued.

What is Nucor's fair value and PEG?

Nucor trades at a blended P/E of 16.6 against a historical normal P/E of 16.1, a PEG of 1.70, and a forward growth estimate of 9.8%.

Has tickerseer's rating of Nucor changed?

tickerseer's rating moved from significantly overvalued (2026-06-03) to fairly valued (2026-08-21).

What is the analyst price target for Nucor?

The mean Wall Street price target for Nucor is $283.56 across 16 analysts, 16.4% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Steel. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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