Rating Change
Wells Fargo reiterated its Overweight rating on Nucor Corporation (NYSE:NUE) on October 28, 2026.
reiterateNYSE:NUE
Wells Fargo Reiterates Overweight Rating on Nucor Corporation (NUE)
Wells Fargo reiterated its Overweight rating on Nucor Corporation (NYSE:NUE) on October 28, 2026.
At publication ·
What changed
Nucor Corporation (NYSE:NUE) · reiterate
- Firm
- Wells Fargo
- Rating
- Overweight to Overweight
- Price at event
- $270.28
- Market capitalization
- $38.1B
At a glance
Key takeaways
- Wells Fargo reiterated an Overweight rating on Nucor Corporation on October 28, 2026, reflecting a positive analyst outlook on the stock.
Market Context
Nucor Corporation operates in the Basic Materials sector. The stock currently trades at $270.28 with a market capitalization of $38.1B. The stock has gained 51.9% over the past 52 weeks.
Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Nucor Corporation.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Nucor Corporation
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 28, 2026 | Wells Fargo | Overweight | N/A |
| Oct 19, 2026 | Barclays | Overweight | N/A |
| Oct 09, 2026 | JP Morgan | Overweight | N/A |
| Oct 05, 2026 | Keybanc | Overweight | N/A |
| Sep 18, 2026 | Freedom Broker | Hold | N/A |
Related Tools: Analyst Ratings Dashboard | View NUE Stock Page
Frequently Asked Questions
What does the Overweight rating mean for NUE?
A rating of Overweight from Wells Fargo reflects the analyst's outlook on Nucor Corporation (NYSE:NUE). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the NUE forecast page.
