Low cost and high conductivity make copper (Cu) nanowire (NW) electrodes an attractive material to construct flexible and stretchable electronic skins, displays, organic light-emitting diodes (OLEDs), solar cells, and electrochromic windows. However, the vulnerabilities that Cu NW electrodes have to oxidation, bending, and stretching still present great challenges. This work demonstrates a new Cu@Cu4Ni NW conductive elastomer composite with ultrahigh stability for the first time. Cu@Cu4Ni NWs, facilely synthesized through a one-pot method, have highly crystalline alloyed shells, clear and abrupt interfaces, lengths more than 50 μm, and smooth surfaces. These virtues provide the NW-elastomer composites with a low resistance of 62.4 ohm/sq at 80% transparency, which is even better than the commercial ITO/PET flexible electrodes. In addition, the fluctuation amplitude of resistance is within 2 ohm/sq within 30 days, meaning that at ΔR/R0 = 1, the actual lifetime is estimated to be more than 1200 days. Neither the conductivity nor the performances of OLED with elastomers as conductive circuits show evident degradation during 600 cycles of bending, stretching, and twisting tests. These high-performance and extremely stable NW elastomeric electrodes could endow great chances for transparent, flexible, stretchable, and wearable electronic and optoelectronic devices.