8-Day Rally Sends Nucor Stock Up 12%
Nucor (NUE) stock hit day 8 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 12% return. The company has gained about $3.2 Bil in value over the last 8 days, with its current market capitalization at about $30 Bil. The stock remains 42.9% above its value at the end of 2024. This compares with year-to-date returns of 16.5% for the S&P 500.
Nucor’s recent streak, culminating in a new 52-week high, was ignited by a dividend hike to $0.56 and robust Q3 earnings of $2.63 EPS, far exceeding estimates. This momentum, amplified by bullish analyst upgrades and tailwinds from U.S. steel tariffs, signals strong investor confidence in its growth trajectory.
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. Our take: There are several things to fear in NUE stock given its overall Weak operating performance and financial condition. This is aligned with the stock’s Low valuation because of which we think it is Fairly Priced (see Buy or Sell NUE).
For quick background, NUE provides steel and steel products, including hot-rolled, cold-rolled, and galvanized sheet steel, direct reduced iron, ferrous and nonferrous metals, ferro-alloys, and structural steel tubing.
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Comparing NUE Stock Returns With The S&P 500
The following table summarizes the return for NUE stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | NUE | S&P 500 |
|---|---|---|
| 1D | 2.2% | 0.3% |
| 8D (Current Streak) | 11.9% | 4.8% |
| 1M (21D) | 11.2% | -0.0% |
| 3M (63D) | 14.1% | 5.3% |
| YTD 2025 | 42.9% | 16.5% |
| 2024 | -32.0% | 23.3% |
| 2023 | 33.8% | 24.2% |
| 2022 | 17.4% | -19.4% |
However, big gains can follow sharp reversals – but how has NUE behaved after prior drops? See NUE Dip Buyer Analysis to learn more.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 44 S&P constituents with 3 days or more of consecutive gains and 91 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 6 | 64 |
| 4D | 9 | 17 |
| 5D | 8 | 10 |
| 6D | 10 | 0 |
| 7D or more | 11 | 0 |
| Total >=3 D | 44 | 91 |
Key Financials for Nucor (NUE)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $34.7 Bil | $30.7 Bil |
| Operating Income | $6.2 Bil | $3.0 Bil |
| Net Income | $4.5 Bil | $2.0 Bil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ1 | 2025 FQ2 |
|---|---|---|
| Revenues | $7.8 Bil | $8.5 Bil |
| Operating Income | $324.0 Mil | $919.0 Mil |
| Net Income | $156.0 Mil | $603.0 Mil |
While NUE stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.