Fluor Corporation (FLR) Stock Analysis
Breakout setup
Industrials · Engineering & Construction
Sell if holding. Engine safety override at $50.65: Quality below floor (3.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.2/10. Specifically: Below-average business quality.
Fluor Corporation is a global EPC and project management firm with three segments: Urban Solutions (advanced manufacturing, life sciences, mining, infrastructure), Energy Solutions (oil and gas, LNG, chemicals, nuclear), and Mission Solutions (US government, DOE nuclear,... Read more
Sell if holding. Engine safety override at $50.65: Quality below floor (3.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.2/10. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Score 4.2/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 44d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About Fluor Corporation
About Fluor Corporation
Fluor's consolidated backlog totaled $25.5 billion at December 31, 2025, split 81% reimbursable and 19% lump-sum across three segments: Urban Solutions (advanced technologies, life sciences, mining, infrastructure, staffing), Energy Solutions (oil and gas, LNG, nuclear, chemicals), and Mission Solutions (DOE nuclear security, environmental remediation, disaster recovery). U.S. government agencies contributed 17% of 2025 revenue, and a single Urban Solutions customer spanning multiple projects added another 15%, making Fluor dependent on a small number of anchor relationships even as it serves over 100 countries.
Fluor earns fees primarily through reimbursable contracts, where clients reimburse labor and material costs plus negotiated fees — fixed, incentive-based, or cost-markup — that constituted 81% of year-end 2025 backlog. Lump-sum contracts (19% of backlog) carry cost overrun risk: if actual project costs exceed estimates, Fluor may absorb the difference without additional revenue. Mission Solutions operates primarily under U.S. government reimbursable IDIQ arrangements with the DOE, National Nuclear Security Administration, and military clients, subject to statutes including the Federal Acquisition Regulation, Cost Accounting Standards, and the False Claims Act. Urban Solutions serves data center, semiconductor, and life sciences clients globally; Energy Solutions targets LNG, refining, nuclear power, and chemicals projects. Named competitors include AECOM, Bechtel Group, Inc., KBR, Inc., Jacobs Solutions, Inc., Technip Energies N.V., and JGC Corporation.
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Mission Solutions' nuclear and environmental work with the DOE and National Nuclear Security Administration represents a structurally concentrated government relationship. The 10-K notes that government contracts pose additional risks compared to private-sector clients, including unilateral modification or termination for convenience, regulatory audit rights, and the possibility of suspension or debarment if a venture partner fails to comply with applicable regulations. Award timing on large multi-year IDIQ programs is driven by appropriations cycles outside Fluor's control, and project delays or cancellations following contract award could have a material adverse effect on results.
See also: Industrials · Engineering & Construction
From Fluor Corporation's most recent 10-K filing, extracted June 10, 2026.
Recent developments
updated 2026-06-17Recent Developments — Fluor Corporation
Latest news
- NEWS Fluor's JGC Fluor BC LNG II JV Receives Limited Notification To Proceed For Proposed Phase 2 Expansion Of LNG Canada Por — benzinga Jun 1, 2026 positive
- NEWS Starboard Value Increases Stake In Tripadvisor Inc By 12% To 10,774,996 Shares; CarMax Inc With 6,201,362 Shares; Fluor — benzinga May 15, 2026
- NEWS Starboard Value Sells Position In Autodesk; Fluor Corporation; Salesforce. — benzinga May 15, 2026 negative
- NEWS These Analysts Revise Their Forecasts On Fluor After Q1 Results — benzinga May 11, 2026 neutral
- NEWS Truist Securities Reiterates Buy on Fluor, Lowers Price Target to $57 — benzinga May 11, 2026 positive
Generated 2026-06-17T09:07:23Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWCustomerU.S. government agencies17%10-K Item 1: 'revenue earned from agencies of the U.S. government accounted for 17% of our total revenue'
- LOWCustomersingle Urban Solutions customer15%10-K Item 1: 'revenue from a single Urban Solutions’ customer spanning multiple projects amounted to 15% of our revenue in 2025'
Material Events(8-K, last 90d)
- 2026-04-30Item 5.02LOWMark E. Fields (former Group President, Strategic Projects) entered consulting agreement at $670/hour for up to six months beginning April 27, 2026. No reason cited for prior departure.SEC filing →
- 2026-03-09Item 5.02MEDIUMExecutive Chairman David Constable retiring at May 6, 2026 annual meeting; James T. Hackett (Lead Independent Director) appointed Board Chair effective May 5, 2026. Constable will consult one year at $525,200. Robert G. Card elected to Board effective March 4, 2026.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
5 floor-breakers
Revenue shrinking — -8.0% YoY. Growth thesis broken unless recovery story develops.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $50.65: Quality below floor (3.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.2/10. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Prior stop was $47.10. Score 4.2/10, moderate confidence.
Take-profit target: $50.98 (+0.7% upside). Prior stop was $47.10. Stop-loss: $47.10.
Target reached (-12.9% upside); Quality below floor (3.3 < 4.0).
Fluor Corporation trades at a P/E of 23.0 (forward 15.3). TrendMatrix value score: 6.6/10. Verdict: Sell.
13 analysts cover FLR with a consensus score of 3.8/5. Average price target: $51.
What does Fluor Corporation do?Fluor Corporation is a global EPC and project management firm with three segments: Urban Solutions (advanced...
Fluor Corporation is a global EPC and project management firm with three segments: Urban Solutions (advanced manufacturing, life sciences, mining, infrastructure), Energy Solutions (oil and gas, LNG, chemicals, nuclear), and Mission Solutions (US government, DOE nuclear, national security). Revenue is 81% reimbursable; US government agencies accounted for 17% of 2025 revenue.