Barclays raises target for Nucor stock from USD 295 to USD 306

Published on 10/26/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nucor guided EPS to USD 5.55-5.65 for the third quarter on September 17, 2026. Nucor stock costs EUR 231.40 on October 26, 2026 before results.

Targets and earnings setup

Barclays raised its Nucor target from USD 295.00 to USD 306.00 on October 19, 2026.
Nucor guided third-quarter adjusted earnings per share to USD 5.55-5.65 on September 17, 2026.
Nucor stock trades at EUR 231.40 at 12:19 p.m. CEST at Lang & Schwarz on October 26, 2026.

Nucor Corp, US6703461052, Illustration mit AI erstellt.

Nucor Corporation (ISIN US6703461052) has a USD 306.00 Barclays target, raised from USD 295.00 on October 19, 2026, according to MarketScreener. The stock is also approaching a scheduled third-quarter report due after the market close on October 26, 2026.

Why the target matters

Barclays analyst Richard Garchitorena maintained an Overweight rating while lifting the target from USD 295.00 to USD 306.00, as reported by MarketScreener. The revision puts the analyst view above Nucor's October 23 primary-exchange price of USD 258.11, but the next earnings release remains the immediate test for that valuation.

Nucor's latest reported second quarter ended July 4, 2026, with revenue of USD 10.40 billion, net income of USD 1.16 billion and diluted earnings per share of USD 5.04. The figures come from the standardized quarterly financial record for Nucor and show the operating scale investors are carrying into the third quarter.

Three dated catalysts

The recent sequence is clear. On September 17, 2026, Nucor Corporation guided adjusted third-quarter earnings per diluted share to USD 5.55-5.65, compared with USD 2.63 in the third quarter of 2025. On October 8, 2026, the company announced a USD 105.00 million Indiana expansion that is expected to add 100 jobs. On October 20, 2026, Nucor planned a USD 60.00 million Alabama facility expansion, according to MarketScreener.

What happens after results?

Nucor Corporation said the third-quarter release would follow the market close on October 26, 2026, with a conference call scheduled for October 27, 2026 at 10:00 a.m. ET. Management expects steel mills and steel products earnings to increase, while raw materials earnings and corporate expenses weigh on the quarter. That mix makes the USD 5.55-5.65 guidance range the central benchmark.

Stock price and valuation

Nucor's market capitalization was USD 58.6 billion as of October 23, 2026. Its primary exchange price was USD 258.11 at the NYSE close on October 23, 2026, while its euro indication was higher at Lang & Schwarz on the publication date.

Nucor stock was trading at EUR 231.40 at Lang & Schwarz on October 26, 2026 at 12:19 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Nucor stock.