(CNN) Hurricane Florence is still way out in the Atlantic, but the Category 3 storm could threaten the US East Coast by late next week.

The first major hurricane of the 2018 Atlantic season, Florence on Wednesday afternoon had maximum sustained winds of 125 mph, according to the National Hurricane Center . It was about 2,000 miles from the US coastline, still too far out for a confident landfall prediction.

Very concerning shift in the EPS ensemble guidance with Hurricane #Florence ... must now seriously consider this storm a U.S. landfall threat.



Still considerable uncertainty about a possible / hopeful turn away from the coast out to sea.



Continue to monitor thru the weekend. pic.twitter.com/m692qfL48s — Ryan Maue | weathermodels.com (@RyanMaue) September 5, 2018

Still, the European and American computer models showed a menacing hurricane coming dangerously close late next week to North Carolina's Outer Banks or the mid-Atlantic region, a significant shift westward from earlier model runs. Other predictions, though, showed Florence staying 500 miles offshore.

A satellite image shows Hurricane Florence on Wednesday, September 5.

The storm's track will depend on the development and movement of a number of weather systems as the storm gets steered by a large ridge of high pressure in the Eastern United States and northern Atlantic Ocean, as well as the progress of a low-pressure trough across the country.

So, while it's certainly not time to press the panic button -- the models likely will change significantly over the next week to 10 days -- Florence definitely bears watching closely.

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