NUE Nucor Corp.

RECAP 10/30 +Pos Comments: $NUE + Freedom Capital $PCAR + Freedom Capital $ABCL + Jefferies $GTX + Freedom Broker $MDLZ + Freedom Broker

$NUE $STLD investors consider rotating to $CLF which just arounced breakout earnings with breakout guidance. The price increase today does not reflect the value of this company. Nearly the entire effective float is sold short. So it will squeeze.

$NUE Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $5.80 up 120.53% YoY • Reported revenue of $11.25B up 32.02% YoY • Nucor expects fourth-quarter 2026 earnings generally in-line with or modestly higher than third-quarter; steel mills and steel products earnings stable, raw materials earnings slightly lower, and intersegment profit eliminations expected to decrease.

$NUE Nucor Q3 EPS came in at 5.80 dollars, above the top of its own 5.55 to 5.65 dollar guide. Revenue was 11.25 billion dollars, up 32% year over year. Price and volume both did the work. External average sales price was up 19% to 1,493 dollars a ton, sales tons up 11%, and steel mills pre-tax earnings more than doubled to 1.79 billion dollars. Q4 is guided generally in line with or modestly higher than Q3, and they bought back 2.03 million shares in the quarter at an average 247.04 dollars.

$NUE Nucor beat its own Q3 guide at $5.80 a share and sees Q4 flat to higher. 🏢 Nucor makes steel and steel products in the US, Canada and Mexico and is North America's largest recycler 🏢 Nucor's market value is about $58.39B at $257.38 a share at 16:30 ET on October 26, 2026 📈 Q3 diluted EPS of $5.80 topped the $5.55 to $5.65 range Nucor guided on September 17 by $0.15 and more than doubled the $2.63 of Q3 2025, on net sales up 32% to $11.25B ⚠️ Price did most of the work: external price per ton rose 9% to $1,493 while external tons slipped 1% from Q2 on a 23% drop in raw materials tons, though steel mill shipments rose 2%; a turn in steel prices would hit the stable Q4 steel mills outlook directly 📅 Next: Earnings call October 27, 2026 at 10:00 a.m. Eastern Time; $0.56 dividend payable November 10, 2026 Source: PR Newswire release, Oct 26 + Sep 17 guidance

$NUE NOV20 270C · still actionable Zone: $256.30 to $259.92 Invalidation: close under $252 Objectives: $266, then $280 The math: up 3.1% to the first objective and 8.5% to the second, against 2.4% risk on the invalidation, better than 3 to 1 to the second. Dear friend, picture the largest steel maker in America walking into its own report card tonight with the wind at its back. Nucor closed Friday at 258 dollars and 11 cents, just above its 50 day average, after its steel peers already beat their own numbers this month. Tonight after the close, Nucor reports, and a strong print would give this quiet base a reason to wake up and climb toward 266 and then 280. The plan is simple: hold above 252 and the door stays open, lose it and the idea is done. P.S. Watch tonight after the close, when Nucor reports its third quarter numbers.

$NUE - Stock held 21 EMA on the weekly time frame back above $250 resistance zone. Stock also breaking above weekly trendline resistance. looking for calls as long as $250 holds for a move towards $275 and $285. Stock is decent at indicator level.

$NUE I trimmed some shares when we topped out in the 270s. That's after an 80% run from end of 2025. I kept a few and added on the dip around $235. This looks like it's primed for another run up to ATH.

$NUE creating a nice base. Trying to breakout . Another steel name. Same with $STLD seems steel names getting the wind

$NUE NOV20 270C · still actionable Zone: $255.55 to $259.15 Invalidation: close under $253.55 Objectives: $273, then $288 The math: up 6.1% to the first objective and 11.9% to the second, against 1.5% risk on the invalidation, better than 8 to 1 to the second. Dear friend, picture a steel mill that just reported a big jump in sales and still closed Monday near where it started, like a truck that hauled a heavy load uphill and parked right back at the yard gate. That quiet close matters because buyers did not run after the news, they held the line near 253.55 while sales rose 32% from a year ago. This is a swing into strength that is already showing, with room back toward the Monday high near 262.86 and then toward the year high near 280.11 if buyers keep showing up. P.S. Keep an eye on steel prices, which just hit a four year high, because that backdrop is doing a lot of the lifting here.

Nucor , the Charlotte-based steelmaker, reported Q3 2026 diluted EPS of $5.80 on net sales of $11.25 billion, broadly matching Wall Street expectations but failing to deliver a significant earnings beat despite elevated investor optimism ahead of the results. The company’s cautious Q4 outlook, calling for earnings “in line with or slightly above” Q3 levels, disappointed investors who had anticipated stronger guidance. Valuation concerns also weighed on sentiment, as NUE’s historical P/E ratio was nearly twice its five-year median and executives had been net sellers of shares over the past year. Before the report, Barclays raised its price target to $306 from $295 while maintaining an Overweight rating, helping support the stock. However, shares had already climbed ahead of earnings, opening at $262.13 and reaching $262.86, leaving limited room for further gains. $NUE

$NUE earnings tomorrow so watching to see what happens. Seeing if can crack the yellow area in the near future. Some other steel names have my attention as well

$NUE NOV20 270C · still actionable Zone: $256.30 to $259.92 Invalidation: close under $257 Objectives: $265, then $280 The math: up 2.7% to the first objective and 8.5% to the second, against 0.4% risk on the invalidation, better than 19 to 1 to the second. Dear friend, this is a swing, and the timing is the whole story. Nucor reports third quarter results Monday after the close, and it walks into that report with its peers already showing strong numbers. Friday closed at 258.11 after touching 264.62, so buyers were already leaning in before the news. If the report confirms what the peers already showed, the path toward 265 first and then 280 stays open, and a close under 257 tells you the idea is done. P.S. Nucor guided to third quarter earnings of 5.55 to 5.65 a share, well above the 2.63 a share a year earlier, so Monday is a real test of that guide.

$NUE Nucor reports Monday after the close. Its own Q3 guide from September is 5.55 to 5.65 dollars a share, and Zacks consensus is at 5.71 dollars, above the top of that range. That guide also comes without the stuff that helped Q2. The 130 million dollars of raw material refunds and the 0.20 dollar Helion gain from Q2 do not repeat, and management still guided steel mills and steel products earnings higher on better prices, with raw materials lower. Consensus revenue is 10.53 billion dollars, up 23.6% year over year.

$NUE: Can earnings keep climbing after last quarter's beat? Consensus is EPS of 5.84 on revenue of $10.84B, against 4.84 EPS reported last quarter. Watch: management's July comments on finishing its Berkeley galv line, Crawfordsville coating operation and Indiana towers facility later this year. Will those timelines be reaffirmed? This is educational content, not investment advice. Past performance does not guarantee future results.