Marcin Frąckiewicz

January 24, 2026, 6:14 PM EST. Nucor (NUE) shares have gained 0.8% on the day, with a 30-day return of 9.8% and a 90-day return of 31.0%, reflecting strong momentum after a 1-year total shareholder return of 51.1%. The stock trades near analyst price targets around $180, suggesting it is roughly fairly valued at $179.77, though recent shifts in steel pricing, demand outlook, and long-term valuation inputs underline some uncertainty. Key risks include potential steel demand softening, oversupply, and tariff impacts on pricing and margins. However, a discounted cash flow (DCF) model projects a significantly higher intrinsic value at $567.41 per share, indicating potential undervaluation. Investors must weigh these conflicting signals from earnings multiples versus long-term cash flow forecasts when reassessing Nucor's place in their portfolio.