Fluor Completes Sale of 71M Shares of NuScale Power, Raising $1.35B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Fluor (FLR) announced it has completed another significant milestone involving the sale of 71M shares of NuScale Power (SMR), generating gross sales proceeds of $1.35B. Fluor has begun efforts to monetize its remaining 40M shares, which it expects to complete in the second quarter of 2026. Including the sales in 2025, the company has captured nearly $2B in total proceeds to date.
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Analyst Views on FLR
Wall Street analysts forecast FLR stock price to rise
6 Analyst Rating
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 45.480
Low
40.00
Averages
49.25
High
57.00
Current: 45.480
Low
40.00
Averages
49.25
High
57.00
About FLR
Fluor Corporation is a holding company that provides engineering, procurement, construction (EPC), fabrication and modularization, and project management services. The Company's segments include Energy Solutions, Urban Solutions and Mission Solutions. The Energy Solutions segment provides EPC services for traditional oil and gas markets, including the production and fuels, chemicals, LNG and power markets. The segment serves these industries with comprehensive project life-cycle services. The Urban Solutions segment provides EPC and project management services to the advanced technologies and manufacturing, life sciences, mining and metals, infrastructure industries and professional staffing services. The Mission Solutions segment provides high-end technical solutions to the United States and other governments. These include, among others, the DOE, the Department of Defense, FEMA and intelligence agencies. The segment also provides services to commercial nuclear clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Decrease in New Awards: Fluor secured new awards totaling $1.127 billion in the quarter, significantly down from $2.308 billion in the prior-year period, suggesting challenges in market competitiveness that could impact future revenue growth.
- Cautious Future Outlook: The company established adjusted EBITDA guidance for 2026 in the range of $525 million to $585 million, and while planning to repurchase $1.4 billion in shares in 2026, it must remain vigilant regarding risks associated with tariffs, trade policies, and GAAP earnings volatility linked to NuScale fair value measurements.
See More
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- Financial Performance Overview: Fluor reported consolidated new awards totaling $12 billion for 2025, with a year-end backlog of $25.5 billion, of which 81% is reimbursable, indicating strong market demand and future growth potential for the company.
- Outlook for 2026: CFO John Regan set initial adjusted EBITDA guidance for 2026 in the range of $525 million to $585 million, with expectations for new awards to significantly exceed those of 2025, showcasing the company's optimistic outlook, particularly in LNG and nuclear projects.
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See More
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Reduction in Shareholding: The company has reduced its shareholding in FLRAP (FLRAP.US) and Fluor (FLR.US) by 71 million shares since February 13, 2026, with a total value of around $1.35 billion.
See More
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Reduction in Shareholding: The company has reduced its shareholding in FLRAP (FLRAP.US) by 71 million shares since February 13, 2026, with a total value of around $1.35 billion.
See More
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- Share Repurchase Plans: The company plans to repurchase $1.4 billion in shares for 2026, having already repurchased $754 million in 2025, aiming to enhance shareholder value through capital management despite current financial challenges.
- New Awards and Revenue: Fluor secured $12 billion in new awards for 2025, with 87% being reimbursable, demonstrating stability in project acquisition, though attention is needed on the execution pace of existing backlog.
- Energy Solutions Loss: The Energy Solutions segment reported a loss of $414 million in 2025 compared to a profit of $256 million in 2024, reflecting challenges faced by the division and changing market conditions that could impact overall profitability.
See More
