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NUE · NASDAQ · STOCK

Nucor Corporation

Basic Materials Updated August 09, 2026
$275.16
52W $131.32 – $280.11
57/100
$62.09B
21.7
1.89
AI Committee Verdict
Watch
57/100
Conviction: Contested · 50% agreement · 6 analysts
-21.3%
Contested

Is NUE Bullish or Bearish?

Mixed. Innellis AI committee rates Nucor Corporation (NUE) Watch with a composite score of 57/100 , based on 6 analysts with 50% agreement. Last updated August 09, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +3.26 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -16.74 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — market regime is bullish (bull market -- normal position sizing). Risk Analyst remains cautious — bollinger bandwidth of 25.2% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • EPS growing 79.2% YoY — Growth
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
  • Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
  • Market regime is bullish (Bull market -- normal position sizing) — Macro
  • Beta of 1.88 means this name should amplify a favorable market regime — Macro
Bear Case
  • P/E of 26.6 is moderate-to-rich — Value
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
  • RSI at 75 is in overbought territory — Technical
  • Bollinger bandwidth of 25.2% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 09, 2026
Overall Committee Score
57/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 53%
of 54 Basic Materials peers
Value Analyst neutral
55 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
− P/E of 26.6 is moderate-to-rich
Growth Analyst bullish
62 / 100 · High confidence
Strong, accelerating growth with consistent execution
+ EPS growing 79.2% YoY
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− RSI at 75 is in overbought territory
Risk Analyst bearish
35 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 25.2% signals elevated volatility
Macro Analyst bullish
70 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst neutral
58 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 4 existing position pair(s) are highly correlated already
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Investment Thesis Evolution

Committee score strengthened from 51.8 to 56.7.

Analyst-level changes:
  • Growth Analyst: stance bearish->bullish; score 35->62 (+27); +1 bullish signal(s).
  • Macro Analyst: +1 bullish signal(s).
  • Value Analyst joined: neutral at 55.

Comparing 2026-08-08 to 2026-08-09 (1 day apart).

Technical Analysis

RSI (14)
74.9
Overbought
MACD Histogram
3.027
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Bollinger %B
0.86
Inside Bands
Price vs Moving Averages
EMA 9
$264.80 Above
EMA 21
$254.29 Above
EMA 50
$243.22 Above
EMA 200
$203.54 Above

Fundamental Analysis

Valuation
84
Growth
67
Profitability
33
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 21.7×
P/B Ratio 2.81×
PEG Ratio 0.17
Dividend Yield 0.82%
52W High $280.11
52W Low $131.32
Quality & Growth
ROE 833.0%
ROA 496.8%
Gross Margin 1547.0%
Operating Margin 1147.1%
Revenue Growth YoY
Debt / Equity 0.32
AI Fundamental Assessment
P/E ratio of 21.7 (inexpensive relative to a 15-40x range); Price-to-book of 2.8x; PEG ratio of 0.2 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 8.3%; Return on assets of 5.0%; Net margin of 8.0%; Gross margin of 15.5%; Current ratio of 2.51 (healthy short-term liquidity); Debt-to-equity of 0.32; Free cash flow per share is positive (6.94); Most recent quarter beat estimates by 9.4%; 2 consecutive earnings beats; EPS growth decelerating (+86.7% -> +49.8% QoQ); Average YoY EPS growth of 82.6%; Analyst estimates rising over recent quarters
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📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
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