RankAlpha logo
Back to Rankings

NUE

NucorB
NYSE / Materials
Last Price
At close
2026-06-02
View Chart
Current thesis
Primary evidence improved: Q1 earnings rose sharply sequentially and year over year, steel mills set a quarterly shipment record, backlogs and utilization improved in the investor presentation, and management guided to higher Q2 earnings across all three segments [#8-K-2026-04-27].
Posture
Constructive
Lead driver
Momentum
What changed
9 setup hits (3d) with net bullish as of 2026-06-03.
What can break
Shares already trade above the packet median analyst target, increasing downside if Q2 follow-through disappoints.
Momentum
89
Value
45
Sentiment
38
Setup hits (3d)
9 · Net Bullish
AI TargetsBase $190.00 · Bull $235.00 · Bear $165.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-04-28 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $189.42
Why
Momentum89 · Δ7d -2.1
Value45 · Δ7d -0.6
Sentiment38 · Δ7d -3.8
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
89
34% active weight
Current posture
7d trendFlat
Δ7d
-2.1
Δ21d
-2.8
Value
45
32% active weight
Current posture
7d trendFlat
Δ7d
-0.6
Δ21d
-1.0
Sentiment
38
33% active weight
Current posture
7d trendSoftening
Δ7d
-3.8
Δ21d
+0.1
Why this grade

Composite grade B. Momentum 88.6 / Value 44.9 / Sentiment 38.0

Fundamentals (TTM)
As of 2026-06-02
Market Cap
$58.86B
Beta
1.86
Shares Out
228.8M
P/E (TTM)
23.6
P/S (TTM)
1.21
P/FCF (TTM)
135.49
Rev YoY
+14.5%
EPS YoY
+150.1%
Gross Margin
+11.4%
Op Margin
+7.9%
Net Debt
$2.81B
Current Ratio
2.77
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology