Stocks
Nucor Stock Surges After Strong Q2 Earnings and Raised Price Target
Nucor Corporation's stock price rose on September 16, 2026, after a successful second-quarter earnings report. The company's adjusted net earnings per diluted share came in at $4.84, beating estimates of $4.46 by $0.38.
JPMorgan Chase & Co. lifted its price target for Nucor to $308.00 from $294.00 on September 9, 2026, with an overweight rating.
Nucor's second-quarter net sales reached $10.397 billion, a 23% year-over-year increase. The company's net margin also hit 7.99%, the highest in recent history.
The stock price of NUE (Nucor) sat at $258.61 on September 16, 2026, with a market capitalization of $58.67 billion.