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Research Alert: CFRA Maintains Hold Opinion On Shares Of Nucor Corporation
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Research Alert: CFRA Maintains Hold Opinion On Shares Of Nucor Corporation
Jul 30, 2025 12:53 PM

03:20 PM EDT, 07/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target at $146, on an EV/EBITDA of 7.3x our 2026 EBITDA estimate, in line with NUE's three-year avg. forward EV/EBITDA. We lower our 2025 EPS estimate by $0.39 to $8.03 and 2026E by $0.39 to $9.59. NUE reported Q2 adj. EPS of $2.65 vs. consensus $2.64, with sales of $8.46 billion (vs. $8.48 billion consensus). Steel mills segment earnings tripled sequentially to $843 million on higher sheet/plate pricing. Steel products earned $392 million (+28% QoQ) on stable pricing and higher volumes. Management expects nominally lower Q3 earnings due to steel mill margin compression from tariff impacts on Brazilian slabs/raw materials. NUE's diversified raw material sourcing provides it with the flexibility to mitigate tariff headwinds. We think NUE remains well-positioned for multi-year growth, with its $3 billion capex program nearing completion. New facilities are ramping production and we expect strong end-market demand from infrastructure, data centers, and reshoring trends.

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