NUE
NUCOR CORPEvidence as of 2026-09-03Overview · NUCOR CORP
Nucor Corporation engages in manufacture and sale of steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products. It also…
Management team
- Mr. Daniel R. Needham · Executive Vice President of CommercialFind on LinkedIn
- Mr. Allen C. Behr · Executive Vice President of Raw MaterialsFind on LinkedIn
- Mr. K. Rex Query · Executive Vice President of StrategyFind on LinkedIn
- Mr. Stephen D. Laxton · CFO, Treasurer & Executive VPFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.3 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The evidence balance is Mixed (+ 0.3 of a possible + 2; confidence high). Revenue rose from $ 9,496,000,000 in FISCAL Q1 2026 (ended 2026-04-04) to $ 10,397,000,000 in FISCAL Q2 2026 (ended 2026-07-04). Net income increased from $ 743,000,000 in FISCAL Q1 2026 to $ 1,156,000,000 in FISCAL Q2 2026, and diluted EPS moved from $ 3.23 to $ 5.04 over the same two quarters.
Market signals are constructive on several measures: six‑month momentum is + 50.8% (94th percentile of 547), 12‑1 momentum is + 100.3% (92nd percentile), the golden_cross is true, price is + 6.5% versus the 50‑day SMA and + 29.3% versus the 200‑day SMA, and relative strength versus the S&P 500 is materially positive. At the same time, volatility is elevated (30‑day annualized vol + 40.8%), three‑year max drawdown is material at - 47.8%, and trailing FCF is low at $ 195,440,000 producing a price‑to‑FCF of 308.62 versus a market cap of about $ 59,888,372,194.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenue was $9,496,000,000 for fiscal Q1 2026 (2026-01-01 to 2026-04-04, 3mo) and rose to $10,397,000,000 for fiscal Q2 2026 (2026-04-05 to 2026-07-04, 3mo).
XBRL companyfacts · 0001193125-26-220778Net income increased from $743,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-04-04, 3mo) to $1,156,000,000 in fiscal Q2 2026 (2026-04-05 to 2026-07-04, 3mo).
XBRL companyfacts · 0001193125-26-345891Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
A Form 4 filing with the 4 filed 18 August 2026 was filed on 2026-08-18.
4 filed 2026-08-18A Form 4 filing with the 4 filed 19 August 2026 was filed on 2026-08-19.
4 filed 2026-08-19Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
Momentum is strong by multiple measures: momentum_6m is +50.8% (rank_momentum_6m 94th percentile of 547) and momentum_12_1 is +100.3% (rank_momentum_12_1 92th percentile of 547).
Moneyta signal set · 2026-09-02weakened in debateTrend and price-position signals are constructive: golden_cross is true, price_vs_sma50 is +6.5%, and price_vs_sma200 is +29.3%; cross_age_days is 274.
Moneyta signal set · 2026-09-02Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02, NUCOR CORP appears in IVV with a weight of 0.08% of the fund.
ETF constituents · market dataThere are two Form 4 insider filings for NUCOR CORP with accession numbers the 4 filed 18 August 2026 (filed 2026-08-18) and the 4 filed 19 August 2026 (filed 2026-08-19).
Form 4 × 2 (90d window not enforced here)Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Multiple pieces report Nucor expanding mill capacity and committing capital to expand steel grating output in Indiana after a record shipment quarter.
News · kalkinemedia.com · 2026-09-02Several headlines link Nucor coverage to firm domestic steel prices and trade/tariff developments, noting U.S.-Canada trade talks collapsing and revised trade measures that keep pricing firm.
News · kalkinemedia.com · 2026-09-02Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Leon J Topalian (Chair and CEO) reported a sale of 25,898 shares for "$7.0M" on 2026-08-14, and the filing shows no trading plan flag in the trading_plan field.
Form 4 · Topalian Leon J (Chair and CEO) · $0 code G · 2026-08-17weakened in debateLeon J Topalian (Chair and CEO) reported a purchase labeled "code M" of 26,000 shares valued at "$1.1M" on 2026-08-14, and the filing shows no trading plan flag in the trading_plan field.
Form 4 · Topalian Leon J (Chair and CEO) · $0 code G · 2026-08-17Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The model reports an implied free cash flow (FCF) growth rate of 94.29% per year based on the inputs and discount/terminal assumptions at the market price on 2026-09-02.
Valuation inputs · SEC XBRL + stored EOD closeTrailing twelve‑month FCF is reported as $195,440,000 and FCF per share is $0.8553 as of cash data dated 2026-07-04.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
The evidence set shows clear operational and market-strength signals that support a favorable read. Quarter-to-quarter revenue, net income, and diluted EPS all rose materially between Q1 and Q2 2026 (fundamentals-0, fundamentals-1, fundamentals-2), while common shares outstanding have declined over the period (fundamentals-3), indicating earnings per-share benefits from share count reduction. Balance-sheet size and equity expanded (fundamentals-5), and multiple news items note capacity expansion, record shipments, and favorable price/operational dynamics tied to the company’s scrap-based model (news-0, news-2). Market signals show strong momentum, constructive trend/price-position, and positive relative performance versus the S&P 500 (market-0, market-1, market-2), and there are contemporaneous insider purchases reported alongside some purchases by executives (insider-1, insider-3). Together, these claims jointly support an educational view that recent operational improvements, share-count reduction, and strong market momentum provide a favorable informational read, while recognizing other evidence raises valuation and volatility considerations.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.33
36 surviving claims rest on 17 distinct sources; the heaviest analyst carries 17% of them, and 94% of what the desk raised survived the debate.
The read rests on a moderate number of distinct sources but many surviving claims, and a single analyst accounts for a non-trivial share of those claims. That combination means the package is informative but somewhat brittle: corroborated items (e.g., filings and core financials) carry more weight, while narrative or model-driven claims (valuation and momentum interpretation) depend materially on few contributors and are sensitive to fresh data or re-parsing of filings.
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
13 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+1.3 to the score
2 documents
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash+0.2 to the score
2 holdings records
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.0 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
2 filings· 1 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.
Read by Talbot+0.1 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on NUE Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.