
Fluor (FLR) Stock Forecast & Price Target
Fluor (FLR) Analyst Ratings
Bulls say
Fluor is a leading global provider of engineering, procurement, construction, fabrication, operations, and maintenance services for various industries including oil and gas, chemicals, mining, and transportation. Despite facing challenges in project execution and supply chain pressures, Fluor has a strong portfolio of projects and a positive outlook for its future earnings, with estimated adjusted EPS of $2.65, $3.30, and $3.50 for the next three years. With its recent announcement to enter the data center market and a multiyear surge in data center and power infrastructure, Fluor is in a strong position to capitalize on future opportunities and see a convergence in valuation to its industry peers.
Bears say
Fluor is facing a slowdown in bookings activity due to some markets and customers being in a "holding pattern" which has resulted in a decrease in award activity, particularly in its Urban Solutions segment. Additionally, there are potential risks in terms of general economic conditions and availability of capital, as well as the impact of acquisitions on earnings and cash balances. This, coupled with a -10% decrease in backlog and -38% decrease in revenue in the Energy Solutions segment, makes for a negative outlook on Fluor's stock.
This aggregate rating is based on analysts' research of Fluor and is not a guaranteed prediction by Public.com or investment advice.
Fluor (FLR) Analyst Forecast & Price Prediction
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