Feb. 17 at 8:27 PM
$FLR (Fluor Corp) – 2026 Strategy Update 🏗️⚛️
Fluor just dropped Q4 ‘25 earnings and the 2026 outlook. The transition from "Fix" to "Execute" is officially in high gear. Here’s the breakdown for the watchers:
The Bull Case:
💰 NuScale Cash Cow: Just pulled
$1.35B from
$SMR share sales in Q1 ‘26. Total monetization hitting ~
$2B by Q2.
🔄 Shareholder Yield: Management isn't sitting on that cash—
$1.4B buyback planned for 2026 (
$400M already done in Jan/Feb).
🛡️ De-Risked Backlog:
$25.5B backlog is now 81% reimbursable. The days of massive "fixed-price" surprises are ending.
Forecast Levels: 🎯 1Y Target: Analysts hitting
$52 -
$57.
🚀 Long-Term: 5Y transition to Energy/Urban Solutions could see triple digits if margins hold.
Bottom Line: The "activist" push from Starboard is working. Fluor is leaner, flush with cash, and buying back its own stock aggressively.
#FLR #Engineering #Nuclear #ValueStock #SMR #Infrastructure