Fluor (NYSE:FLR) Hits New 12-Month High on Earnings Beat

Posted by Brenda Bartman on Aug 7th, 2026

Fluor logo Fluor Corporation (NYSE:FLR – Get Free Report) shares reached a new 52-week high during trading on Friday following a better than expected earnings announcement. The company traded as high as $55.30 and last traded at $53.80, with a volume of 711132 shares changing hands. The stock had previously closed at $48.75.

The construction company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.21. Fluor had a return on equity of 5.90% and a net margin of 2.30%.The company had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $3.92 billion. During the same quarter in the prior year, the business earned $0.43 earnings per share. The company’s revenue was up 8.8% compared to the same quarter last year.

Fluor News Roundup

Here are the key news stories impacting Fluor this week:

Positive Sentiment: Significant earnings and revenue beat: Fluor reported second-quarter EPS of $0.91, well above consensus estimates ranging from $0.70 to $0.73 and more than double the $0.43 reported a year earlier. Revenue rose 8.8% year over year to $4.33 billion, exceeding the approximately $3.92 billion analyst forecast. Fluor Surpasses Q2 Earnings and Revenue Estimates
Positive Sentiment: Strong project awards and pipeline conversion: Management said second-quarter awards demonstrated successful conversion of front-end engineering work into new projects and reflected continued customer confidence. Fluor also said it is replenishing its pipeline with additional opportunities, supporting future backlog and revenue visibility. Fluor Reports Second Quarter 2026 Results
Positive Sentiment: Potential exposure to critical-minerals infrastructure: An investor-focused article identified Fluor as an engineering and construction provider that could benefit from planned U.S. rare-earth and strategic-minerals processing facilities. The opportunity is longer term, however, with new domestic capacity potentially taking three to seven years to develop. Rare Earth Stocks and Project Vault
Neutral Sentiment: Board addition: Fluor expanded its board with the appointment of Frank Caldwell. The move may add relevant experience but was not accompanied by information indicating an immediate change to earnings or strategy. Fluor Board Expansion
Neutral Sentiment: Investor focus remains on execution: The earnings preview had flagged possible project-timing pressure and softness in Energy Solutions, though higher-margin awards and improved backlog quality could support profitability. The strong reported results suggest those concerns were outweighed this quarter. Fluor Q2 Earnings Preview

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Zacks Research downgraded Fluor from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. Robert W. Baird boosted their price target on Fluor from $48.00 to $49.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Citigroup decreased their price target on Fluor from $61.00 to $56.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Weiss Ratings raised Fluor from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Finally, Truist Financial boosted their target price on Fluor from $57.00 to $64.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $57.20.

Read Our Latest Research Report on FLR

Institutional Trading of Fluor

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in shares of Fluor during the second quarter worth $25,000. Assetmark Inc. grew its holdings in Fluor by 249.0% during the 4th quarter. Assetmark Inc. now owns 677 shares of the construction company’s stock worth $27,000 after acquiring an additional 483 shares during the period. Los Angeles Capital Management LLC bought a new position in shares of Fluor during the 4th quarter worth approximately $27,000. Larson Financial Group LLC grew its holdings in Fluor by 6,116.7% in the third quarter. Larson Financial Group LLC now owns 746 shares of the construction company’s stock worth $31,000 after purchasing an additional 734 shares during the period. Finally, Banque Cantonale Vaudoise bought a new stake in Fluor in the 4th quarter valued at about $35,000. Institutional investors own 88.07% of the company’s stock.

Fluor Stock Performance

The company has a fifty day moving average price of $50.55 and a 200 day moving average price of $48.44. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.78 and a quick ratio of 1.78. The stock has a market cap of $7.64 billion, a P/E ratio of 31.80, a P/E/G ratio of 1.60 and a beta of 1.25.

Fluor Company Profile

(Get Free Report)

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that provides integrated solutions across the energy, chemicals, mining, clean energy, infrastructure and government services markets. The company’s core offerings include engineering, procurement, fabrication, construction, maintenance and project management services, with capabilities spanning feasibility studies, detailed design and turnkey delivery. Fluor’s diversified portfolio encompasses conventional oil and gas facilities, liquefied natural gas (LNG) plants, petrochemical facilities, power generation projects, transportation infrastructure and federal government programs.

Founded in 1912 by John Simon Fluor as the Fluor Construction Company in Pomona, California, the firm has grown into an industry leader headquartered in Irving, Texas.