Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Fluor Completes Monetization of NuScale Investment Stake

Tipranks - Fri Apr 24, 6:34AM CDT

Claim 30% Off TipRanks

An announcement from Fluor ( (FLR) ) is now available.

On April 23, 2026, Fluor Corporation announced it had completed the sale of its remaining 40 million shares of NuScale Power Corporation, generating gross proceeds of $473 million. The transaction caps a total investment of $570 million in NuScale and brings Fluor’s cumulative open-market sale proceeds from the stake to approximately $2.43 billion since September 2025, marking a significant monetization of a strategic holding that could enhance its financial flexibility and capital allocation options.

The exit from NuScale may signal a shift in how Fluor balances direct equity exposure to emerging energy technologies against its core engineering and construction operations. For stakeholders, the sizable realized gains suggest a successful financial outcome from the NuScale investment, potentially strengthening Fluor’s balance sheet and positioning it to redeploy capital into other strategic priorities or shareholder-focused actions.

The most recent analyst rating on (FLR) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on Fluor stock, see the FLR Stock Forecast page.

Spark’s Take on FLR Stock

According to Spark, TipRanks’ AI Analyst, FLR is a Neutral.

The score is held back primarily by sharp 2025 profitability and cash-flow deterioration and ongoing project execution risks, despite a de-risked leverage profile. Offsetting factors include a very low valuation multiple and a moderately constructive outlook from the earnings call (2026 guidance, backlog strength, and significant planned buybacks), while technical signals point to stabilization rather than strong momentum.

To see Spark’s full report on FLR stock, click here.

More about Fluor

Fluor Corporation operates in the engineering and construction industry, providing project management and related services for large-scale energy, infrastructure, and industrial clients. The company often undertakes capital-intensive projects and makes strategic investments in emerging technologies and partners to support its long-term growth and portfolio diversification.

Average Trading Volume: 2,627,382

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.77B

For detailed information about FLR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.