Fluor (FLR) Anticipates 30x Power Demand Surge from AI Data Centers by 2035
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
0mins
Source: Fool
- Surge in Power Demand: Deloitte estimates that by 2035, power demand from AI data centers in the U.S. could increase by over 30 times, with a single data center consuming as much electricity as a small city, highlighting the urgent need to address this growing challenge.
- Engineering Opportunities: Fluor was named a top data center constructor by Data Center magazine in 2025, leveraging its expertise in complex projects to help clients navigate the intricate permitting process, thereby positioning itself advantageously in a rapidly growing market.
- Stable Contract Structure: Approximately 82% of Fluor's contracts are reimbursable, which helps protect the company from inflation and unexpected construction delays, enhancing business stability and boosting investor confidence.
- Diversified Growth Engines: Fluor's successful experience in building data centers in North America will be applied to future projects, while its expertise in copper and lithium mining provides significant growth potential for its urban solutions segment.
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Analyst Views on FLR
Wall Street analysts forecast FLR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLR is 49.25 USD with a low forecast of 40.00 USD and a high forecast of 57.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 46.780
Low
40.00
Averages
49.25
High
57.00
Current: 46.780
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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- Future Outlook: Despite challenges, Fluor retains a stake in NuScale valued at approximately $2.5 billion, which is expected to provide support and help the company maintain competitiveness amid economic cycles.
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