Nucor Corp stock enters Q3 results countdown ahead of October 26

Published on 09/28/2026 at 13:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nucor Corp stock last stood at USD 247.25 on September 25, 2026, with a USD 56.3 billion market cap. Freedom Broker cut its target to USD 285.

Architektonisches 3D-Render einer modernen Industriehalle mit Stahlkonstruktion und Oberlichtern — Nucor Corporation US6703461052 illustriert durch Architektur-Render einer modernen Stahlwerkshalle mit hohen Stahlträgern und Oberlichtern, Illustration mit AI erstellt.

Nucor Corp stock was last at USD 247.25 on the NYSE on September 25, 2026, at 4:00 p.m. ET, while the steelmaker prepares to report third-quarter results on October 26, 2026. The immediate earnings signal is Nucor's guidance for diluted EPS of USD 5.55 to USD 5.65, announced on September 17, 2026.

Q3 guidance sets the next test

According to Nucor Corporation on September 17, 2026, the Q3 range is above Q2 2026 adjusted net earnings of USD 4.84 per diluted share and Q3 2025 net earnings of USD 2.63. The midpoint of the new range is USD 5.60, creating a clear year-over-year comparison while the company expects higher earnings in its steel mills and steel products segments.

The outlook also contains a counterweight. Nucor said raw-materials earnings are expected to decline on lower pricing and shipments, while higher costs of products sold will partially offset improved steel-mill pricing. The company also does not expect to repeat USD 130 million in cash refunds that benefited the prior quarter.

Revenue and analyst expectations diverge

Nucor's Q2 2026 revenue was USD 10.40 billion, up 23.00 percent from the prior-year quarter, while adjusted EPS of USD 4.84 exceeded the USD 4.46 consensus estimate, according to MarketBeat. The comparison matters because the Q3 guide is being judged against both a strong Q2 result and elevated market expectations.

Freedom Broker downgraded Nucor from Buy to Hold on September 17, 2026, and lowered its price target from USD 305 to USD 285, as Yahoo Finance reported on September 22, 2026. The change highlights the gap between improving shipments and the risk that costs or weaker raw-materials conditions limit the earnings benefit.

Nucor stock stays below its yearly high

Nucor stock had a market capitalization of USD 56.3 billion and volume of 877,039 shares on September 25, 2026. Its 52-week range was USD 131.32 to USD 280.11, placing the latest price USD 32.86 below the high and USD 115.93 above the low.

The next scheduled earnings release is October 26, 2026, after the market closes, followed by a conference call on October 27, 2026, at 10:00 a.m. ET, according to Nucor Corporation.