Nucor invests USD 105 million in Indiana: KeyBanc cuts target for Nucor stock

Published on 10/14/2026 at 12:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nucor guides for USD 5.55-5.65 per share in the third quarter. Nucor stock costs EUR 228.10 on October 14, 2026 before results on October 26.

Expansion and earnings timetable

Nucor planned a USD 105 million Indiana expansion on October 8, 2026.
Third-quarter earnings guidance stood at USD 5.55-5.65 per diluted share on September 17, 2026.
Nucor stock trades at EUR 228.10 at 12:38 p.m. CEST at Lang & Schwarz on October 14, 2026.

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Nucor Corporation (ISIN US6703461052) had announced a USD 105 million Indiana expansion on October 8, 2026, while KeyBanc cut its target for Nucor stock from USD 288.00 to USD 286.00 on October 5, 2026. The combination puts new utility-structure capacity alongside a more cautious analyst valuation.

Three dated operating signals

On July 27, 2026, Nucor reported second-quarter revenue of USD 10.40 billion and earnings per diluted share of USD 4.84, versus consensus earnings per share of USD 4.46, according to MarketBeat.

On September 17, 2026, Nucor guided for third-quarter earnings of USD 5.55-5.65 per diluted share, compared with USD 2.63 in the third quarter of 2025, according to Nucor. On October 8, 2026, the company announced the USD 105 million Crawfordsville expansion, the third dated operating signal.

What does the expansion add?

The Indiana project is designed to add 125,000 square feet and create up to 100 jobs by the end of 2029, according to the Indiana Economic Development Corporation. The site expansion is subject to local incentives, and construction is expected to begin in the first quarter of 2027.

The project targets utility poles and related products for power transmission and distribution. That end market gives Nucor an additional infrastructure angle beyond its core steel mills, although the investment remains subject to regulatory and local approvals.

Next earnings dates

Nucor scheduled its third-quarter results for October 26, 2026, after the market close, followed by a conference call on October 27, 2026, at 10:00 a.m. Eastern Time. The dates give investors a defined checkpoint for testing the USD 5.55-5.65 guidance range.

Midday trading at Lang and Schwarz

Nucor stock was trading at EUR 228.10 at Lang & Schwarz on October 14, 2026, at 12:38 p.m. CEST. Market capitalization stood at USD 57.8 billion on October 13, 2026, while the NYSE listing uses ticker NUE and Nucor is classified in Basic Materials and Steel.

The further course of trading is shown by the continuously updated real-time quote of Nucor stock.