Key Points
Fluor's core business is under pressure because of weak end markets.
While the markets recover, Fluor could mint money from its stake in NuScale Power.
Until July 31, 2025, shares of Fluor (NYSE: FLR) were up 15.1% in 2025. It took just one day for the stock to give up all of those gains, and then some. Fluor stock plunged on the first day of August and ended the month 27.7% lower.
Is it time to dump Fluor, or is this an opportunity to buy shares in a company that is capitalizing on its majority stake in red-hot nuclear energy play NuScale Power (NYSE: SMR)?
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
Image source: Getty Images.
What happened to Fluor stock?
On Aug. 1, Fluor reported 6% lower revenue and 49% lower adjusted earnings per share (EPS) for its second quarter. Management largely blamed higher costs related to subcontractor errors on three infrastructure projects and an unexpected arbitration ruling in Mexico.
Worse yet, Fluor's backlog fell 12% year over year to $28.2 billion in Q2 because of softness in oil and gas, battery chemicals, and mining markets. Fluor provides engineering, procurement, and construction (EPC) and project management services to diverse industries.
With a rising number of clients delaying or canceling projects amid the ongoing tariff wars and high interest rates, Fluor slashed its adjusted EPS guidance for 2025 to $1.95 to $2.15 from a previous forecast EPS of $2.25 to $2.75. The construction stock crashed after the dismal earnings report.
Should you buy Fluor stock?
Fluor's business may have hit a rough patch, but the company could make a windfall. Fluor is the largest shareholder and has business collaborations with NuScale Power, which develops small modular reactors (SMRs).
With NuScale Power shares surging 350% in just one year, as of this writing, Fluor wants to monetize its stake. In August, Fluor converted 15 million Class B NuScale shares to Class A shares. After 30 days, Fluor can sell those shares, up to 5% at a time, through the end of 2026 and raise big sums of money.
Its relationship with NuScale, however, is not a good reason to buy Fluor stock and investors may want to wait for its end markets to recover before placing a bet.
Should you invest $1,000 in Fluor right now?
Before you buy stock in Fluor, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Fluor wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $654,759!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,046,799!*
Now, it’s worth noting Stock Advisor’s total average return is 1,042% — a market-crushing outperformance compared to 183% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of August 25, 2025
Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool recommends NuScale Power. The Motley Fool has a disclosure policy.