Nucor invests USD 105 million as KeyCorp targets Nucor stock at USD 286

Published on 10/13/2026 at 11:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nucor adds USD 105 million in Indiana for 100 jobs. Nucor stock was EUR 225.35 on October 13, 2026, with a USD 286.00 target.

Key points in brief

Nucor plans a USD 105 million Indiana expansion announced on October 8, 2026.
KeyCorp cut its Nucor target from USD 288.00 to USD 286.00 on October 5, 2026.
Nucor stock was EUR 225.35 at Lang & Schwarz on October 13, 2026, at 11:23 a.m. CEST.
Third-quarter earnings guidance is USD 5.55-5.65 per diluted share, with results due October 26, 2026.

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Nucor Corp (ISIN US6703461052) plans to invest USD 105 million in an Indiana expansion announced on October 8, 2026, while KeyCorp cut its Nucor target from USD 288.00 to USD 286.00 on October 5, 2026. The company-specific expansion and the lower target give investors two concrete reference points before Nucor's third-quarter results.

Three dated milestones for Nucor

On July 27, 2026, MarketBeat reported Nucor's second-quarter revenue of USD 10.40 billion and earnings per share of USD 4.84, versus consensus of USD 4.46 per share. On September 17, 2026, Nucor guided for third-quarter earnings of USD 5.55-5.65 per diluted share.

On October 8, 2026, Indiana Economic Development Corporation said the project should create up to 100 jobs by the end of 2029. The three milestones show a business moving from recent earnings strength to capacity investment and near-term guidance.

What does the expansion add?

The Crawfordsville project will add 125,000 square feet under roof and expand production of engineered utility structures for grid modernization and electric-vehicle charging infrastructure, according to Indiana Economic Development Corporation on October 8, 2026. Nucor expects construction to begin in the first quarter of 2027 and hiring to start in mid-2027.

The investment is material beside the company's latest reported quarter. Revenue of USD 10.40 billion in the second quarter of 2026 was 23.00 percent above the year-earlier quarter, while earnings per share of USD 4.84 exceeded consensus by USD 0.38, based on MarketBeat. The comparison matters because the expansion is being announced against a stronger earnings base rather than a loss-making quarter.

October dates and analyst target

Nucor plans to release third-quarter results after the market close on October 26, 2026. The company scheduled its results conference call for October 27, 2026, at 10:00 a.m. Eastern Time.

KeyCorp's target reduction from USD 288.00 to USD 286.00 on October 5, 2026, was reported by MarketBeat. The revised target leaves the next earnings release as the clearest scheduled test for whether guidance of USD 5.55-5.65 per diluted share is translating into operating momentum.

Nucor stock at Lang & Schwarz

Nucor stock was trading at EUR 225.35 at Lang & Schwarz on October 13, 2026, at 11:23 a.m. CEST. Nucor Corporation has a market capitalization of USD 57.4 billion as of October 12, 2026.

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