Nucor Corp stock hits all-time high at 271.23 USD

Nucor Corp (NUE) stock has hit an all-time high of $271.23, now trading at $271.49, marking a 94.33% increase over the past year. Despite an InvestingPro analysis suggesting it might be overvalued relative to its Fair Value, the company has consistently raised dividends for 16 years and boasts a low PEG ratio of 0.16. Recent Q2 2026 earnings surpassed expectations, and Morgan Stanley raised its price target to $270, citing Nucor's robust market position and strategic operations.