NUE
FY2026 Q1 · Calendar Q2 2026
Nucor Corporation
Nucor delivered record quarterly results in its FY2026 first quarter, shipping 7 million tons of steel -- the highest in company history -- while generating $1.5 billion in EBITDA and $3.23 in earnings per share. The results beat consensus EPS estimates of $2.82 by 14.5% and revenue estimates of $8.88 billion by 6.9%. The beat was supported by tariff protections that have reduced imported steel's U.S. market share to approximately 15%, strong demand from data-center and infrastructure end markets, and a backlog that grew 20% to 4.7 million tons. The market responded positively, with the stock gaining 4.7% on the earnings session at 2.5x normal volume, followed by approximately 9.5% additional upside drift. At $255.55, shares trade below the analyst consensus price target of $267.50, with a median target of $272.00 and a high of $297.00.
EPS surprise+14.5%
Market move+4.7%
