Should I buy Fluor? Does it have doubling potential?

**Fluor's potential for a short-term rise cannot be ruled out**, but this should be approached with caution due to the overall bearish sentiment and the stock's recent performance.

1. **Technical indicators suggest potential for a short-term rise**:
- Fluor's Relative Strength Index (RSI) fell below 30, indicating oversold conditions. This is often interpreted as a potential reversal point, suggesting that the recent heavy selling pressure might be exhausting itself.
- The stock's closing price on August 25, 2025, was $41.25, and the average of current price targets from analysts is $55.63, which represents a significant upside potential.

2. **Recent news and earnings analysis suggest caution**:
- Fluor's Q2 2025 earnings report was disappointing, with the company missing analysts' estimates for both revenue and earnings. This performance, coupled with a lowered full-year outlook, could indicate underlying challenges that may limit short-term gains.
- The stock experienced a sharp drop after the earnings report, although it recovered somewhat, it remains vulnerable to negative sentiment.
3. **Market sentiment and legal issues add uncertainty**:
- Fluor is facing legal investigations along with other companies, which could lead to additional volatility. This might deter some investors, especially those concerned about potential legal liabilities.
- The company's appeal in the Santos row over Gladstone LNG costs could also introduce uncertainty, potentially leading to further negative sentiment if the outcome is unfavorable.
4. **Strategic moves and financials provide some support**:
- Fluor has been highlighted by influential investors such as David Einhorn, who has increased his stake in the company. This could be a sign of confidence in Fluor's long-term strategy despite current challenges.
- The company's diversified business focus and strong backlog could provide a foundation for future growth, potentially leading to a doubling of its stock price if executed successfully.

**In conclusion**, while there is potential for a short-term rise based on technical indicators, the overall bearish sentiment from recent earnings, legal issues, and lowered guidance suggests that a doubling potential in the near term is unlikely. Investors should consider their risk tolerance and investment horizon carefully. For those looking for a short-term trade with a high-risk/high-reward profile, Fluor might be of interest, but for a long-term investment, it is crucial to weigh the risks against the potential for growth.