How Analysts See Fluor’s Story Changing After NuScale and Nuclear Power Deals

Fluor stock has recently seen its consensus analyst price target climb from $49.89 to $51.00, reflecting a shift in the narrative surrounding the company. This change is attributed largely to the growing potential of its collaboration with NuScale Power, as analysts weigh both the transformational opportunity and the challenges ahead. Stay tuned to see how you can follow ongoing updates as the story around Fluor continues to develop.

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What Wall Street Has Been Saying

🐂 Bullish Takeaways

BofA highlights that NuScale Power, in which Fluor holds a significant stake, has secured the largest small modular reactor (SMR) power commitment by a utility in U.S. history. This agreement with the Tennessee Valley Authority and ENTRA1 Energy could enable the deployment of up to 6 GW of new nuclear capacity. This development provides substantial growth momentum for Fluor. The scale of this commitment could ultimately power about 4.5 million homes, pointing to meaningful commercial progress and long-term potential for Fluor as a NuScale shareholder.

🐻 Bearish Takeaways

Despite acknowledging the opportunity, BofA maintains a Neutral rating on NuScale and emphasizes that further binding commercial steps are necessary before becoming more constructive in outlook. This highlights ongoing execution risk and some caution regarding immediate upside. BofA notes that Fluor is eligible to begin monetizing its stake in NuScale in the near term but sets a $38 price target on NuScale shares. This suggests limited immediate valuation upside in the current environment.

Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives or begin writing your own Narrative!NYSE:FLR Community Fair Values as at Nov 2025

What's in the News

Activist investor Starboard Value has acquired nearly 5% of Fluor and is pushing for strategies to boost the company’s share price, including unlocking value from its significant stake in NuScale Power (Wall Street Journal). Starboard Value is advocating for Fluor to separate its NuScale Power stake and capitalize on new infrastructure policy and recent competitor exits in order to enhance shareholder returns. Fluor has secured a major contract with LanzaJet for the front-end engineering and design of Project Speedbird, a sustainable aviation fuel hub in North Yorkshire, England. This project is expected to produce over 90,000 tonnes of SAF and renewable diesel each year. The company was also selected to participate in the Cooperative Threat Reduction Integrating Contract IV with the U.S. Defense Threat Reduction Agency, positioning Fluor to compete for task orders worth up to $3.5 billion over the next decade.

Story Continues

How This Changes the Fair Value For Fluor

The consensus analyst price target has risen slightly from $49.89 to $51.00. The discount rate has increased from 8.49% to 8.80%. The revenue growth forecast has increased from 6.22% to 7.94%. The net profit margin projection has risen from 2.62% to 2.72%. The future P/E ratio estimate has decreased from 16.81x to 16.37x.

🔔 Never Miss an Update: Follow The Narrative

Narratives are dynamic stories created by investors that connect the “why” behind the numbers, linking a company’s outlook to its forecasted revenue, earnings, and fair value. On Simply Wall St’s Community page, Narratives make it simple for millions of investors to analyze companies, compare fair value to price, and react to fresh news or earnings as they happen. They are your most powerful tool for making buy and sell decisions with confidence.

Discover the latest investor perspective on Fluor’s outlook, risks, and evolving fair value by reading the original Fluor Narrative. Here’s why you should follow the story:

See which catalysts, such as major power deals and project completions, are shaping Fluor’s earnings and revenue growth outlook. Track how risks such as project delays, currency swings, and economic uncertainties could impact margins and valuation. Get an ongoing, actionable comparison of Fluor’s fair value versus its market price as analyst forecasts and company news change.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include FLR.

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